8026 S 24th St Unit 29 Phoenix, AZ 85042
South Mountain NeighborhoodEstimated payment $6,326/month
Total Views
5,383
2.16
Acres
$500,000
Price per Acre
94,090
Sq Ft Lot
About This Lot
This ±2.16-acre parcel offers a developer a prime developmentopportunity in a fantastic location. The site has a preliminary planapproved for 24 units but a developer could adjust it under the currentzoning to allow for a lower density, ''for-sale'' townhome or clusterproduct or proceed with a high-density for-rent project. The site sitsclose to the base of South Mountain offering beautiful views of, andaccess to, the South Mountain Park. It is also walking distance to SouthMountain Community College as well as is minutes away from boththe popular Legacy and Raven Golf Courses. Its close proximity to theAirport (less than 15 minutes away) as well as to Downtown Phoenix(less than 20 minutes away) make this a great location for residents toenjoy all parts of the valley. This land investment is a multifamily development opportunity on±2.16 acres of vacant land. It sits just south of the Baseline corridor in the popular South Mountain submarket. South of the Salt River, the South Mountain area is anchored by South Mountain Park, with extensive hiking trails and panoramic views from Dobbins Lookout. In the foothills are The Mystery Castle; a whimsical house with tours, the petite San Francisco Xavier Mission; built in 1940, in addition to several golf courses. Shopping plazas run the length of the otherwise residential area, with Phoenix Sky International Harbor Airport just minutes to the north. Beautiful mountain views are common to most developments in the area and this property is no exception, with the entrance to South Mountain Preserve being less than two miles to the south. The heart of downtown Phoenix is also just five miles north giving future residents access to all that downtown has to offer. The South Mountain submarket has long been popular with residents looking to live in a more rural-feeling area but still close to everything. With many dining, shopping, and entertainment options; as well as multiple freeway access points within minutes, this property will prove to be a phenomenal development opportunity in a phenomenal location.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,509
Year Built
- 1941
Lot Details
- 2.16 Acre Lot
- Additional Parcels
- Property is zoned R3
Community Details
- No Home Owners Association
- South Mountain Acres 5 12, 22 29 Subdivision
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 301-31-032-A
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,470 | $10,006 | -- | -- |
| 2024 | $1,428 | $9,530 | -- | -- |
| 2023 | $1,428 | $20,520 | $4,100 | $16,420 |
| 2022 | $1,399 | $14,760 | $2,950 | $11,810 |
| 2021 | $1,428 | $13,210 | $2,640 | $10,570 |
| 2020 | $1,410 | $11,020 | $2,200 | $8,820 |
| 2019 | $1,365 | $8,230 | $1,640 | $6,590 |
| 2018 | $1,328 | $8,750 | $1,750 | $7,000 |
| 2017 | $1,266 | $7,050 | $1,410 | $5,640 |
| 2016 | $1,204 | $6,450 | $1,290 | $5,160 |
| 2015 | $1,195 | $7,950 | $1,590 | $6,360 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | For Sale | $1,080,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Empire West Title Agency Llc | |
| Warranty Deed | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | Title Management Agency Of A | |
| Cash Sale Deed | $535,000 | Lawyers Title Ins | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $25,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $225,000 | Credit Line Revolving |
Source: Public Records
Similar Properties in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6812261
APN: 301-31-032A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
Nearby Homes
- 2405 E Beverly Rd
- 8209 S 23rd Place
- 2425 E Beverly Rd
- 7925 S 24th Way
- 7732 S 23rd St
- 2213 E Constance Way
- 2223 E Branham Ln
- 7830 S 26th St
- 2627 E Gary Way
- 2625 E Beverly Rd
- 2320 E Allen St
- 2629 E Beverly Rd
- 2116 E Beautiful Ln
- 2335 E Allen St
- 2023 E Beautiful Ln
- 2021 E Caldwell St
- 2701 E Caldwell St
- 2013 E Valencia Dr
- 4208 E Baseline Rd Unit 5
- 1919 E Gary Way