NOT LISTED FOR SALE

Estimated Value: $2,600,000 - $3,392,000

2.5 Acres
$1,253,804 Price per Acre
108,900 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $2,250,000

Est. 44% increase in value since last sale

Current estimated payment $18,905/month

4 Days on Market

About This Lot

As of August 2021

This 2.5 acre site is located in one of the most coveted areas in North Central Phoenix. The site is well located, nearnumerous amenities and 5 minutes from both the SR-51 & I-17 freeway; close to everything that The Valley has to offer!

Last Agent to Sell the Property

Blake Mallery

Compass License #SA680838000 Listed on: 06/29/2021

Compass

Co-Listed By

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000

Last Buyer's Agent

Brian Smith

HomeSmart License #SA514418000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,893

Lot Details

  • 2.5 Acre Lot
  • Property is zoned r1-10

Community Details

  • No Home Owners Association
  • Subdivision Of Sw4 Sec 32 T3n R3e

Listing and Financial Details

  • Tax Lot a
  • Assessor Parcel Number 160-56-034-A

Property Details

Property Type

Land

Est. Annual Taxes

$20,893

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: r1-10
  • Tax Year: 2020
  • Lot Size Acres: 2.5
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: SUBDIVISION OF SW4 SEC 32 T3N R3E
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: other
  • Lot Size Sq Ft: 108870.0
  • Additional Parcels: No
  • Parcel #: 160-56-034-A

Tax Info

  • Tax Annual Amount: 20893.0
  • Tax Book Number: 160.00
  • Tax Lot: a
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 9, 2021
Sold by
Sandler Maryjane and The Sandler Living Trust
Bought by
Fromm Hartman 3Rd Avenue Partners Llc
Seller's Agent
Blake Mallery
Compass
Buyer's Agent
Brian Smith
HomeSmart
List Price
$225,000
Sold Price
$2,250,000
Premium/Discount to List
$2,025,000
900%
Current Estimated Value
$3,235,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$985,013
Avg. Annual Appreciation
9.46%
Original Mortgage
$3,235,000
Outstanding Balance
$2,966,889
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,413

Purchase Details

Closed on
Aug 26, 2010
Sold by
Sandler Paul and Sandler Mary Jane
Bought by
Sandler Paul and Sandler Maryjane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Sandler Paul and Sandler Mary Jane
Bought by
Sandler Paul and Sandler Mary Jane
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fromm Hartman 3Rd Avenue Partners Llc $2,250,000 Chicago Title Agency Inc
Sandler Paul -- Fidelity National Title
Sandler Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fromm Hartman 3Rd Avenue Partners Llc $3,235,000
Previous Owner Sandler Paul $700,000
Previous Owner Sandler Paul $3,843
Previous Owner Sandler Paul $200,000
Previous Owner Sandler Paul $722,000
Previous Owner Sandler Paul $715,000
Previous Owner Sandler Paul $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $2,250,000 +900.0% --
06/28/2021 06/28/21 For Sale $225,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $15,345 $125,462 -- --
2024 $20,751 $119,488 -- --
2023 $20,751 $223,530 $44,700 $178,830
2022 $20,075 $161,760 $32,350 $129,410
2021 $19,733 $142,170 $28,430 $113,740
2020 $20,893 $156,930 $31,380 $125,550
2019 $20,500 $151,420 $30,280 $121,140
2018 $19,948 $141,450 $28,290 $113,160
2017 $19,844 $126,800 $25,360 $101,440
2016 $21,906 $147,510 $29,500 $118,010
2015 $20,243 $129,360 $25,870 $103,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-56-034A