NOT LISTED FOR SALE

Estimated Value: $289,000 - $340,000

0.76 Acre
$425,518 Price per Acre
33,106 Sq Ft Lot

Last Sold May 16, 2016

Last sale price $95,000 $162 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,749/month

9 Days on Market

Highlights

  • 0.76 Acre Lot
  • Mountain View
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of May 2016

Tremendous value for large three-quarter acre lot along Baseline corridor allowing for multi-family housing. Excellent opportunity for builder/developer at it is projected that we will experience a housing shortage. City zoning for this property is R-3, which will allow for a minimum of five, but possibly many more units per acre. Property falls within the Baseline Area Overlay District and more information can be learned by looking at attached pdf within the documents tab. All previously stated information to be verified by purchaser.

Last Agent to Sell the Property

Michael and Mari Martinez

eXp Realty License #BR039035000 Listed on: 04/16/2016

eXp Realty

Last Buyer's Agent

Michael and Mari Martinez

eXp Realty License #BR039035000 Listed on: 04/16/2016

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,015

Lot Details

  • 0.76 Acre Lot
  • Wire Fence
  • Property is zoned R3

Schools

  • John F Kennedy Elementary School
  • Greenfield Junior High School
  • South Mountain High School

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 114-25-042

Property Details

Property Type

Land

Est. Annual Taxes

$2,015

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Baseline Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R3
  • Tax Year: 327
  • Directions: 7th Street & Baseline Rd Directions: North on 7th St to Vineyard / East to sign on property OR North on 7th St Apollo / East to old home on south side of road (no sign).
  • Lot Size Acres: 0.76
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reex02
  • Co List Office Phone: 480-355-3500
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Wire, See Remarks
  • Lot Features: Dual Street Ftg, Mountain View(s)
  • Disclosures: None
  • Other Structures: Abandoned, Residence

Utilities

  • Electric: Other (See Rmks)
  • Water Source: City Franchise, Irr Ditch(es)-Unlnd

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: John F Kennedy Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Lot Size: 70 x 472
  • Lot Size Sq Ft: 32900.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 114-25-042
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2015.0
  • Tax Book Number: 114.00
  • Tax Lot: 0
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Perez Jaime
Bought by
Elite Acquisition Llc
Current Estimated Value
$323,394

Purchase Details

Listed on
Apr 16, 2016
Closed on
May 13, 2016
Sold by
Katie Robby Family Limited Partnership
Bought by
Perez Jaime
Seller's Agent
Michael and Mari Martinez
eXp Realty
Buyer's Agent
Michael and Mari Martinez
eXp Realty
List Price
$119,000
Sold Price
$95,000
Premium/Discount to List
-$24,000
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Sep 29, 2008
Sold by
Gregolynsky Paul C and Gregolynsky Betty Jo
Bought by
Katie Robby Family Limited Partnership

Purchase Details

Closed on
Aug 29, 2008
Sold by
Jimasia Llc
Bought by
Katie Robby Family Lp

Purchase Details

Closed on
Aug 6, 2008
Sold by
Olea Antoinette A
Bought by
Katie Robby Family Lp and Jimasia Llc

Purchase Details

Closed on
Aug 14, 1998
Sold by
Beckstead Steven G and Beckstead Donna J
Bought by
Olea Antoinette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.88%
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
Elite Acquisition Llc $340,000 Great American Title Agency
Perez Jaime $95,000 Empire West Title Agency
Katie Robby Family Limited Partnership $26,205 None Available
Katie Robby Family Lp $26,195 None Available
Katie Robby Family Lp $75,000 Capital Title Agency Inc
Olea Antoinette A $51,500 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olea Antoinette A $75,000
Previous Owner Olea Antoinette A $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $95,000 -20.2% $162 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $119,000 -- $202 / Sq Ft
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 $489 $3,327 -- --
2024 $475 $3,168 -- --
2023 $475 $16,910 $3,380 $13,530
2022 $465 $12,180 $2,430 $9,750
2021 $475 $9,710 $1,940 $7,770
2020 $469 $8,610 $1,720 $6,890
2019 $454 $6,880 $1,370 $5,510
2018 $441 $6,270 $1,250 $5,020
2017 $421 $4,580 $910 $3,670
2016 $400 $3,800 $760 $3,040
2015 $327 $3,300 $660 $2,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5429522

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-25-042