NOT LISTED FOR SALE

918 E Broadway Rd Unit 10 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $1,172,122

2.37 Acres
$494,566 Price per Acre
103,237 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $1,095,000

Est. 7% increase in value since last sale

Current estimated payment $7,292/month

9 Days on Market

About This Lot

As of February 2022

2.37 acre C-3 property available in Phoenix Opportunity Zone. High Visibility on Broadway. Set up for Auto Repair and Service. Three buildings on the property for total approximate square footage of 3,883 SF. Signage. Lots of possibilities. Priced to sell.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 01/25/2022

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 01/25/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,942

Lot Details

  • 2.37 Acre Lot
  • Property is zoned C-3

Community Details

  • No Home Owners Association
  • Monte Vista Acres Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 113-21-013

Property Details

Property Type

Land

Est. Annual Taxes

$13,942

Lot Details

0

Listing Details

  • Cross Street: 9th St and Broadway
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C-3
  • Tax Year: 2021
  • Directions: East of 9th Street on Broadway to property
  • Lot Size Acres: 2.37
  • Subdivision Name: MONTE VISTA ACRES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Industrial

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 103194.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 113-21-013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13942.0
  • Tax Book Number: 113.00
  • Tax Lot: 10
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 23, 2022
Sold by
David Michael Sweetman Family Trust
Bought by
918 E Broadway Rd Phoenix Az 85040 Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Don Mortensen
LRA Real Estate Group, LLC
List Price
$995,000
Sold Price
$1,095,000
Premium/Discount to List
$100,000
10.05%
Current Estimated Value
$1,172,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,122
Avg. Annual Appreciation
1.88%

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 19, 2022
Sold by
David Michael Sweetman Family Trust
Bought by
918 E Broadway Rd Phoenix Az 85040 Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Don Mortensen
LRA Real Estate Group, LLC
List Price
$995,000
Sold Price
$1,095,000
Premium/Discount to List
$100,000
10.05%

Purchase Details

Closed on
Jul 5, 2018
Sold by
Glenn Erin M and Estate Of Robert William Mclnt
Bought by
Sweetman David Michael and David Michael Sweetman Family

Purchase Details

Closed on
Apr 3, 2018
Sold by
Glenn Erin M and Estate Of Margaret Marie Mcint
Bought by
Glenn Erin M and Estate Of Robert William Mcint
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
918 E Broadway Rd Phoenix Az 85040 Llc $1,095,000 Old Republic Title
918 E Broadway Rd Phoenix Az 85040 Llc $1,095,000 Old Republic Title
918 E Broadway Rd Phoenix Az 85040 Llc $1,095,000 Old Republic Title
Sweetman David Michael $410,000 Grand Canyon Title Agency
Glenn Erin M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $1,095,000 0.0% --
02/02/2022 02/02/22 Pending -- -- --
01/25/2022 01/25/22 Price Changed $1,095,000 +10.1% --
01/24/2022 01/24/22 For Sale $995,000 -- --
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 $13,156 $86,848 -- --
2024 $13,169 $85,298 -- --
2023 $13,169 $116,824 $93,585 $23,239
2022 $13,284 $96,163 $74,795 $21,368
2021 $13,942 $98,370 $76,932 $21,438
2020 $13,770 $76,554 $55,440 $21,114
2019 $13,995 $78,408 $58,176 $20,232
2018 $13,618 $75,636 $55,944 $19,692
2017 $12,980 $75,060 $58,266 $16,794
2016 $12,345 $68,166 $52,974 $15,192
2015 $11,943 $64,751 $52,966 $11,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6346119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-21-013