NOT LISTED FOR SALE

920 E Montebello Ave Unit 3/1/- Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $746,000 - $949,000

0.2 Acre
$4,351,665 Price per Acre
8,886 Sq Ft Lot

Last Sold September 15, 2022

Last sale price $100,000

Est. 831% increase in value since last sale

Current estimated payment $5,274/month

55 Days on Market

About This Lot

As of September 2022

~9,000 sqft lot available for sale. Lot is zoned R-3 and is buildable up to three units. The neighboring property to adjacent west (APN: 162-06-022-C) is also owned by the Seller. Seller would sell both parcels together.

Last Agent to Sell the Property

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 06/03/2022

Last Buyer's Agent

Leslie McDonnell

RE/MAX Fine Properties License #SA651937000

RE/MAX Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,532

Lot Details

  • 8,886 Sq Ft Lot
  • Property is zoned R-3

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3/1/-
  • Assessor Parcel Number 162-06-022-D

Property Details

Property Type

Land

Est. Annual Taxes

$1,532

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Missouri
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-3
  • Tax Year: 2021
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Laundry Features: Other
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 51.45, 178.25, 48.45, 60.23, 3.00, 238.47
  • Lot Size Sq Ft: 8886.0
  • Additional Parcels: No
  • Parcel #: 162-06-022-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1532.0
  • Tax Book Number: 162.00
  • Tax Lot: 3/1/-
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Wg & Kl Downs Revocable Trust
Bought by
920 E Montebello Ave Llc
Current Estimated Value
$930,667

Purchase Details

Closed on
Oct 12, 2021
Sold by
Montebello Apartments Phx Llc
Bought by
Thanks And Praise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 15, 2019
Sold by
Baker David L and Baker Tracy B
Bought by
Montebello Apartments Phx Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2015
Sold by
R & R Funding Corporation
Bought by
Baker Street Property Management Llc

Purchase Details

Closed on
Oct 10, 2005
Sold by
Reed Stephen D and Reed Ruth Ellen
Bought by
R & R Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1994
Sold by
Mcelhaney Donald J and Mcelhaney Sharon
Bought by
Barlow J Rodney and Luhr William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
9.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
920 E Montebello Ave Llc -- --
Thanks And Praise Llc $1,400,000 Magnus Title Agency Llc
Montebello Apartments Phx Llc $750,000 Fidelity Natl Ttl Agcy Inc
Baker Street Property Management Llc -- None Available
R & R Funding Corp $475,000 Westland Title Agency
Barlow J Rodney $175,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thanks And Praise Llc $1,725,000
Previous Owner Montebello Apartments Phx Llc $390,000
Previous Owner R & R Funding Corp $332,500
Previous Owner Barlow J Rodney $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $100,000 -66.7% --
06/02/2022 06/02/22 For Sale $300,000 -- --
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 $1,608 $12,950 $12,950 --
2024 $1,565 $12,333 $12,333 --
2023 $1,565 $31,500 $31,500 $0
2022 $1,519 $28,005 $28,005 $0
2021 $1,532 $29,745 $29,745 $0
2020 $1,508 $28,650 $28,650 $0
2019 $1,475 $13,920 $13,920 $0
2018 $1,439 $13,815 $13,815 $0
2017 $1,371 $10,890 $10,890 $0
2016 $1,324 $8,805 $8,805 $0
2015 $1,311 $8,480 $8,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Drake

    Seller's Agent in 2022

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    9 in this area

    29 Total Sales

    Section Image
  • Leslie McDonnell

    Buyer's Agent in 2022

    Leslie McDonnell

    RE/MAX

    (602) 510-5991

    8 in this area

    47 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6410509

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-06-022D

Arizona Maricopa County Phoenix 85014 Camelback East Village

920 E Montebello Ave Unit 3/1/-, Phoenix, AZ

This home is located at 920 E Montebello Ave Unit 3/1/-, Phoenix, AZ 85014 since 03 June 2022 and is currently estimated at $870,333. 920 E Montebello Ave Unit 3/1/- is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle School, and Phoenix Coding Academy.

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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