NOT LISTED FOR SALE

8151 W Madison St Unit 5 Peoria, AZ 85345

Estimated Value: $105,000 - $327,000

0.15 Acre
$1,473,333 Price per Acre
6,333 Sq Ft Lot

Last Sold August 15, 2023

Last sale price $140,000

Est. 70% increase in value since last sale

Current estimated payment $1,268/month

202 Days on Market

About This Lot

As of August 2023

LOT #5 READY FOR YOUR BUILDING DREAMS IN THE HEART OF DOWN TOWN PEORIA REDEVELOPMENT AREA - PROPERTY IS ZONED CRM AND CCM - CORE RESIDENTIAL MIX - ACCESS TO GRAND AVENUE MINUTES FROM WALMART - PEORIA PERFORMING ARTS AND OPPORTUNITY TO PUT AN OFFICE HERE OR COFFEE SHOP OR CHECK WITH THE CITY OF PEORIA -PLANNING & ZONING Dept AND BUILDING SAFETY DEPT TO SEE IF YOUR IDEA FOR POTENTIAL BUSINESS WILL WORK - BRING YOUR BUSINESS TO THE CITY OF PEORIA*Buyer and broker to verify all material facts & figures. Information in listing is considered accurate but not guaranteed.

Last Agent to Sell the Property

Maria C.Morris

The John Samuels Agency License #BR646252000 Listed on: 08/15/2023

Last Buyer's Agent

Jose Esquivel

Real Broker License #BR644495000

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $255

Lot Details

  • 6,333 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • 4 Lots in the community
  • Property is zoned CCM and CRM

Schools

  • Alta Loma Elementary And Middle School
  • Peoria High School

Community Details

  • No Home Owners Association
  • Peoria Blks 15 16, 24 28, & 33, 34 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 142-14-073

Property Details

Property Type

Land

Est. Annual Taxes

$255

Lot Details

0

Listing Details

  • Cross Street: W. Madison St & N. 82 Ave
  • Legal Info Range: 1E
  • Property Type: Land
  • Topography: Level
  • Zoning: CCM and CRM
  • Tax Year: 2022
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: PEORIA BLKS 15-16, 24-28, & 33, 34
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Alta Loma School
  • High School: Peoria High School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Alta Loma School

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 6333.0
  • Number Of Lots: 4
  • Additional Parcels: No
  • Parcel #: 142-14-073
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 255.0
  • Tax Book Number: 142.00
  • Tax Lot: 5
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
Jj & F Investments Llc
Bought by
Jj Investment Properties Llc
Current Estimated Value
$237,667

Purchase Details

Closed on
Oct 3, 2022
Sold by
Maria Elena Mendoza De Lerma Trust
Bought by
Aguero Gustavo Adolfo Urias

Purchase Details

Closed on
Mar 17, 2021
Sold by
Mendoza Lerma Maria Elena
Bought by
Delerma Maria Elena Mendoza and Delerma Maria Elena

Purchase Details

Closed on
Sep 23, 2020
Sold by
Mendoza Lerma Maria Elena
Bought by
Aguero Gustavo Adolfo Urias

Purchase Details

Closed on
Jan 28, 2015
Sold by
Gimco Llc
Bought by
Mendoza Lerma Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 16, 2008
Sold by
A Mmm Market Edge Realty Inc
Bought by
Gimco Llc

Purchase Details

Closed on
Jul 2, 2004
Sold by
Lane Asset Management Lp
Bought by
A Mmm Market Edge Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,450
Interest Rate
5.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2000
Sold by
Gunnell Larry A and Gunnell Marcia M
Bought by
Lane Norman and Lane Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.16%
Mortgage Type
Seller Take Back
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
Jj Investment Properties Llc -- Title Agency
Aguero Gustavo Adolfo Urias -- --
Delerma Maria Elena Mendoza -- None Available
Aguero Gustavo Adolfo Urias $160,000 Empire West Title Agency Llc
Mendoza Lerma Maria Elena $75,000 Lawyers Title Of Arizona Inc
Gimco Llc -- None Available
Gimco Llc -- None Available
A Mmm Market Edge Inc $97,500 Capital Title Agency Inc
Lane Norman $60,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Lerma Maria Elena $65,000
Previous Owner A Mmm Market Edge Inc $423,450
Previous Owner Lane Norman $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $140,000 -12.5% --
08/15/2023 08/15/23 Price Changed $160,000 0.0% --
07/05/2023 07/05/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $160,000 -- --
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 $266 $2,841 $2,841 --
2024 $260 $2,706 $2,706 --
2023 $260 $11,985 $11,985 $0
2022 $255 $5,850 $5,850 $0
2021 $267 $5,400 $5,400 $0
2020 $269 $4,905 $4,905 $0
2019 $261 $4,170 $4,170 $0
2018 $253 $3,120 $3,120 $0
2017 $252 $4,485 $4,485 $0
2016 $250 $2,190 $2,190 $0
2015 $248 $2,720 $2,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6499122

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-14-073