NOT LISTED FOR SALE

916 S 5th Ave Unit 15 & 16 Phoenix, AZ 85003

Central City Neighborhood

Estimated Value: $180,671 - $411,000

0.15 Acre
$1,771,120 Price per Acre
6,500 Sq Ft Lot

Last Sold February 23, 2022

Last sale price $180,000

Est. 48% increase in value since last sale

Current estimated payment $1,487/month

41 Days on Market

Highlights

  • The property is located in a historic district
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of February 2022

C1 zoning for this double lot in an area targeted by the city for growth. Light rail will be coming by here and when it does, lots like this are at a premium. Commercial possibilities here are endless with C1. Do not miss out on an opportunity to get in before construction starts and prices sky rocket.

Last Agent to Sell the Property

Nic Silvester

Keller Williams Realty Elite License #BR572667000 Listed on: 12/27/2021

Last Buyer's Agent

Samuel Nunez

eXp Realty License #SA568197000

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $443

Lot Details

  • 6,500 Sq Ft Lot
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned C1, R4

Location

  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Montgomery Subdivision

Listing and Financial Details

  • Tax Lot 15 & 16
  • Assessor Parcel Number 112-17-075

Property Details

Property Type

Land

Est. Annual Taxes

$443

Lot Details

0

Listing Details

  • Cross Street: 5th Ave and Tonto
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: C1, R4
  • Tax Year: 2020
  • Directions: East on Tonto to 5th Ave, lots are on the corner of 5th ave and Tonto.
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTGOMERY
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Office

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Historic District
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 128X51
  • Lot Size Sq Ft: 6500.0
  • Additional Parcels: Yes
  • Parcel #: 112-17-075
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 443.0
  • Tax Book Number: 112.00
  • Tax Lot: 15 & 16
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Feb 15, 2022
Sold by
1004 Downtown Inc
Bought by
Cordelia Inmobiliaria Sa De Cv
Seller's Agent
Nic Silvester
Keller Williams Realty Elite
Buyer's Agent
Samuel Nunez
eXp Realty
List Price
$205,000
Sold Price
$180,000
Premium/Discount to List
-$25,000
-12.2%
Current Estimated Value
$265,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,668
Avg. Annual Appreciation
24.00%

Purchase Details

Closed on
May 20, 2021
Sold by
1004 Downtown
Bought by
Golchin Ahmad

Purchase Details

Closed on
Jul 5, 2018
Sold by
Brighella Llc
Bought by
1004 Downtown Inc

Purchase Details

Closed on
Mar 10, 2017
Sold by
Gandarilla Daniel
Bought by
Gandarilla Anastasia Marie

Purchase Details

Closed on
Jan 4, 2017
Sold by
Gandarilla Daniel
Bought by
Brighella Llc

Purchase Details

Closed on
Mar 21, 2005
Sold by
Gandarilla Ofelia T
Bought by
Gandarilla Armando
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
Cordelia Inmobiliaria Sa De Cv $180,000 Security Title
Golchin Ahmad -- None Available
1004 Downtown Inc $145,000 Grand Canyon Title Agency
Gandarilla Anastasia Marie -- None Available
Brighella Llc $50,000 Grand Canyon Title Agency
Gandarilla Armando -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $180,000 -12.2% --
02/05/2022 02/05/22 Pending -- -- --
12/26/2021 12/26/21 For Sale $205,000 -- --
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 $462 $3,458 $3,458 --
2024 $458 $3,293 $3,293 --
2023 $458 $11,925 $11,925 $0
2022 $442 $8,925 $8,925 $0
2021 $438 $8,820 $8,820 $0
2020 $443 $7,305 $7,305 $0
2019 $443 $4,230 $4,230 $0
2018 $670 $9,750 $1,950 $7,800
2017 $654 $8,750 $1,750 $7,000
2016 $636 $6,720 $1,340 $5,380
2015 $588 $6,330 $1,260 $5,070
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nic Silvester

    Keller Williams Realty Elite

  • Samuel Nunez

    Buyer's Agent in 2022

    Samuel Nunez

    eXp Realty

    (602) 653-6653

    3 in this area

    119 Total Sales

    Samuel Nunez
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6335195

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-075

Arizona Maricopa County Phoenix 85003 Central City

916 S 5th Ave Unit 15 & 16, Phoenix, AZ

This home is located at 916 S 5th Ave Unit 15 & 16, Phoenix, AZ 85003 since 27 December 2021 and is currently estimated at $265,668. 916 S 5th Ave Unit 15 & 16 is a home located in Maricopa County with nearby schools including Lowell School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

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