NOT LISTED FOR SALE

825 E Old Southern Ave Unit 1 Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $365,000 - $423,963

0.67 Acre
$589,539 Price per Acre
29,185 Sq Ft Lot

Last Sold December 20, 2013

Last sale price $74,500

Est. 402% increase in value since last sale

Current estimated payment $2,015/month

29 Days on Market

About This Lot

As of December 2013

Wow! .67 acres in South/Central Phoenix. Urban farming possibilities…Cool 1926 farmhouse and barn (Home is in need of major work, current condition makes property ineligible for conventional financing). Check with your lender for possibilities under FHA’s 203K loan programs….Include the home rehab into your financing! Endless possibilities….Self employed and need space? Want to start raising/growing your own food? Minutes from downtown, Sky Harbor, shopping etc…..Great piece of property in a great location! DRIVE BY ONLY do not disturb Occupant. Property is also listed under Residental Homes section of MLS, #5005597.

Last Agent to Sell the Property

Patrick Ranger

Desert Classic Realty, LLC License #BR507660000 Listed on: 09/27/2013

Last Buyer's Agent

John Brooks

Superlative Realty License #SA568032000

Superlative Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $443

Lot Details

  • 0.67 Acre Lot
  • Property is zoned M-M

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 114-26-015-F

Property Details

Property Type

Land

Est. Annual Taxes

$443

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Southern
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: M-M
  • Tax Year: 2012
  • Lot Size Acres: 0.67
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: unknown
  • Lot Size Sq Ft: 29031.0
  • Additional Parcels: No
  • Parcel #: 114-26-015-F
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 443.0
  • Tax Book Number: 114.00
  • Tax Lot: 1
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Perez Ricardo
Bought by
Alonso Solarsano Israel Alonso and Alonso Sebastian Luis
Current Estimated Value
$374,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Outstanding Balance
$206,128
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$188,863

Purchase Details

Listed on
Sep 27, 2013
Closed on
Dec 12, 2013
Sold by
Pasqualetti Minor Llc
Bought by
Perez Ricardo
Seller's Agent
Patrick Ranger
Desert Classic Realty, LLC
Buyer's Agent
John Brooks
Superlative Realty
List Price
$99,000
Sold Price
$74,500
Premium/Discount to List
-$24,500
-24.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%

Purchase Details

Closed on
Jul 29, 2004
Sold by
B Pasqualetti Llc
Bought by
Pasqualetti Edna

Purchase Details

Closed on
Sep 29, 2003
Sold by
Young Robert B and Young Diana L
Bought by
B Pasqualetti Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Alonso Solarsano Israel Alonso $235,000 Driggs Title Agency Inc
Perez Ricardo $74,500 Driggs Title Agency Inc
Pasqualetti Edna -- Transnation Title
B Pasqualetti Llc $95,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Solarsano Israel Alonso $230,743
Previous Owner B Pasqualetti Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $74,500 -24.7% --
10/25/2013 10/25/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $99,000 -- --
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 $695 $5,140 -- --
2024 $656 $4,895 -- --
2023 $656 $25,420 $5,080 $20,340
2022 $643 $19,130 $3,820 $15,310
2021 $663 $12,820 $2,560 $10,260
2020 $655 $11,770 $2,350 $9,420
2019 $632 $10,150 $2,030 $8,120
2018 $614 $9,160 $1,830 $7,330
2017 $573 $6,960 $1,390 $5,570
2016 $543 $6,030 $1,200 $4,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5005625

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-26-015F