$31,000
SOLD FEB 12, 2015

941 N 16th Ave Unit 7,8 Phoenix, AZ 85007

Central City Neighborhood
0.17 Acre
$182,353 Price per Acre
7,500 Sq Ft Lot

Recently Sold

11% Below List Price

137 Days on Market

Highlights

  • Corner Lot
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of August 2016

.17 acre, rare R-5 zoned multifamily lot 2 blocks west of Grand Avenue Arts District and FQ Story Historic District. City says 48 foot max height with 7 units. Buyer to verify all facts, figures, measurements, land use, utilities. Rare clean lot in an up and coming neighborhood experiencing true organic growth. Walk to Trunk Space, Bragg's Factory Diner, Bikini Lounge, Treehouse Bakery, Art Galleries during First Fridays and more. Perfect infill re-development opportunity for a small builder. Owner/Agent.

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000

Compass

Last Buyer's Agent

Gene Montemore

Compass License #SA531107000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $570

Lot Details

  • 7,500 Sq Ft Lot
  • Corner Lot
  • Property is zoned R-5

Community Details

  • No Home Owners Association
  • Homestead Place Subdivision

Listing and Financial Details

  • Tax Lot 7,8
  • Assessor Parcel Number 111-25-002-A

Property Details

Property Type

Land

Est. Annual Taxes

$570

Lot Details

0

Listing Details

  • Cross Street: Grand Ave / Roosevelt
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2013
  • Directions: (W) on Roosevelt one block to 16th Ave, (S) on 16th Ave on block to Garfield. Property on the NE corner of 16th Ave & Garfield.
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • Subdivision Name: Homestead Place
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: Corner Lot, Dual Street Ftg
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 150x49
  • Lot Size Sq Ft: 7500.0
  • Additional Parcels: No
  • Parcel #: 111-25-002-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 569.74
  • Tax Book Number: 111.00
  • Tax Lot: 7,8
  • Tax Map Number: 25.00

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $50,000 -16.7% --
06/24/2016 06/24/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $60,000 +93.5% --
02/12/2015 02/12/15 Sold $31,000 -11.4% --
01/19/2015 01/19/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $35,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5167013

Arizona Regional Multiple Listing Service (ARMLS)