NOT LISTED FOR SALE

918 E Polk St Unit 5 Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $438,000 - $464,000

0.16 Acre
$2,832,081 Price per Acre
6,875 Sq Ft Lot

Last Sold February 28, 2018

Last sale price $135,000

Est. 236% increase in value since last sale

Current estimated payment $2,545/month

12 Days on Market

About This Lot

As of February 2018

Prime lot in the historic Garfield District, across from Verde Park, zoned R-5 - high density. Ripe for development - don't miss this opportunity to put your mark on Downtown Phoenix. Student housing? Arts & Crafts single family Bungalow? Duplex? Triplex? The possibilities are endless!

Historical designation may impose restrictions on re-development. House sold strictly AS-IS. NO SPDS or CLUE will be provided. Seller will not initiate utilities for inspections.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 01/25/2018

Co-Listed By

Jennifer Runyon

Jennifer M Runyon License #BR652484000

Last Buyer's Agent

Natalie Worden

Gentry Real Estate License #SA630606000

Gentry Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $396

Lot Details

  • 6,875 Sq Ft Lot
  • Property is zoned R-5

Schools

  • Garfield Elementary And Middle School
  • North High School

Community Details

  • No Home Owners Association
  • Mt Pleasant Tract Blks 1, 6 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 116-33-085

Property Details

Property Type

Land

Est. Annual Taxes

$396

Lot Details

0

Listing Details

  • Cross Street: 9th ST & Polk
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2017
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: MT PLEASANT TRACT BLKS 1, 6
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, See Remarks, Single Family, Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 6875
  • Lot Size Sq Ft: 6875.0
  • Additional Parcels: No
  • Parcel #: 116-33-085

Tax Info

  • Tax Annual Amount: 396.0
  • Tax Book Number: 116.00
  • Tax Lot: 5
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Manriquez Ivan
Bought by
Choulet Jeffrey S
Current Estimated Value
$453,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Outstanding Balance
$313,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,420

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 20, 2018
Sold by
Zavurov Eduard and Zavurov Milda
Bought by
Manriquez Ivan
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Natalie Worden
Gentry Real Estate
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$121,500
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2015
Sold by
Valencia Albert G and Valencia Carmen C
Bought by
Zavurov Eduard and Zavurov Milda

Purchase Details

Closed on
Aug 7, 1999
Sold by
Valencia Albert G and Valencia Carmen C
Bought by
Valencia Albert G and Valencia Carmen C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Choulet Jeffrey S $385,000 Great American Ttl Agcy Inc
Manriquez Ivan $135,000 Great American Title Agency
Zavurov Eduard $70,000 Driggs Title Agency Inc
Valencia Albert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choulet Jeffrey S $346,500
Previous Owner Manriquez Ivan $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $135,000 -3.5% --
02/06/2018 02/06/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $139,900 -- --
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 $2,304 $18,223 -- --
2024 $2,140 $17,356 -- --
2023 $2,140 $34,900 $6,980 $27,920
2022 $2,058 $23,150 $4,630 $18,520
2021 $412 $9,720 $1,940 $7,780
2020 $468 $8,650 $1,730 $6,920
2019 $467 $7,530 $1,500 $6,030
2018 $459 $6,530 $1,300 $5,230
2017 $396 $4,100 $820 $3,280
2016 $385 $3,580 $710 $2,870
2015 $403 $2,830 $560 $2,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5713972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-33-085