NOT LISTED FOR SALE

Phoenix, AZ 85008

Sunset Acres Neighborhood

Estimated Value: $190,455

0.27 Acre
$705,389 Price per Acre
11,761 Sq Ft Lot

Last Sold June 19, 2018

Last sale price $50,000

Est. 281% increase in value since last sale

Current estimated payment $1,146/month

29 Days on Market

Highlights

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

About This Lot

As of June 2018

BUILD A 4-PLEX LOCATED IN THE HEART OF PHOENIX NEAR 24TH STREET AND McDOWELL RD. This lot is 11,772 SQ FT and zoned multifamily medium density R3. Check out the drafted site plan in pics, which shows design of FOUR 2story units! Great investment opportunity for someone wanting to build multiple homes on this lot. The lot is accessible by both 26th PL and the private side street to the south. Two driveways provide the owner more accessibility to the future homes. This will make a great investment as a 4-plex or home with casita, or a long-term hold investment. PRICED TO SELL! !

Last Listed By

Michael Penrod

My Home Group Real Estate License #SA652643000 Listed on: 05/10/2018

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $956

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Property is zoned MultiFamily

Schools

  • Creighton Elementary School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Sunset Acres Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 120-29-043-A

Property Details

Property Type

Land

Est. Annual Taxes

$956

Lot Details

0

Listing Details

  • Cross Street: Indian School and 26th Place
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: MultiFamily
  • Tax Year: 2017
  • Directions: From E. McDowell Rd proceed north onto 26th Place. Property is on the west side of street.
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: SUNSET ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 89.18 LF x 132 LF
  • Lot Size Sq Ft: 11772.0
  • Additional Parcels: No
  • Parcel #: 120-29-043-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 956.0
  • Tax Book Number: 120.00
  • Tax Lot: 26
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 15, 2018
Sold by
Win Builders Llc
Bought by
Troska Heinz
Seller's Agent
Michael Penrod
My Home Group Real Estate
Buyer's Agent
Michael Penrod
My Home Group Real Estate
List Price
$59,500
Sold Price
$50,000
Premium/Discount to List
-$9,500
-15.97%
Total Days on Market
29
Current Estimated Value
$190,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,455
Avg. Annual Appreciation
26.48%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Fox Remodelling Llc
Bought by
Carjon Capital Llc

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 14, 2016
Sold by
Real Estate Ira 2 Llc
Bought by
Fox Remodeling Llc
Seller's Agent
Marcy Murphy
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Danielle LaFata
American Realty Brokers
List Price
$59,000
Sold Price
$61,500
Premium/Discount to List
$2,500
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Original Mortgage
$151,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2012
Sold by
Real Estate Ira 2 Llc
Bought by
Real Estate Ira 2 Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Properties in Phoenix, AZ

  • 1238 E Desert Cove Ave Unit 23, Phoenix, AZ 85020

    $227,000

    • Land
    • 0.23 Acre
    • $986,957 per Acre
    • 1238 E Desert Cove Ave
    • Unit 23
    • Phoenix, AZ

    Amazing over sized lot in a central location. Minutes from SR 51, airport, and downtown PHX. Close to restaurants and some of Phoenix's best hiking trails. Georgous mountain views is what Phoenix living is all about. Owner can provide a floor plan.

    Natalie Gantner W and Partners, LLC

    Section Image
  • 3033 W Fillmore St Unit 10, Phoenix, AZ 85009

    $249,900

    • Land
    • 0.34 Acre
    • $735,000 per Acre
    • 3033 W Fillmore St
    • Unit 10
    • Phoenix, AZ

    GREAT PROJECT FOR BUILDERS/INVESTORS: STRONG DEMAND FOR MULTIFAMILY HOUSING WILL CONTINUE OVER THE NEXT SEVERAL YEARS. TAKE ADVANTAGE OF THE MARKET WITH THIS VACANT LAND IN-FILL LOT AND ONE OF THE FEW LOTS AVAILABLE ZONED R-3 MULTI-FAMILY HOUSING. EASY ACCESS TO FREEWAYS, SHOPPING, DOWNTOWN PHX. UTILITIES ARE EASILY ACCESSIBLE. THERE ARE NO CCR'S FOR THIS LOT. BUYER TO VERIFY ALL FACTS AND

    Yvonne Faustinos Russ Lyon Sotheby's International Realty

    Section Image
  • 822 S 29th Ave, Phoenix, AZ 85009

    $175,000

    • Land
    • 0.23 Acre
    • $760,870 per Acre
    • 822 S 29th Ave
    • Phoenix, AZ

    Spacious multi-family lot a great find in a prime location! Great opportunity to remodel or build a new home on this property near downtown Phoenix. Excellent location close to the freeways. All utilities already on the property. Existing house is 1096 sq ft. Nearly 10,000 sq ft lot. Zoned R3 for multi-family and multiple uses, no HOA. Purchase this affordable lot and build your next project

    Jeffry Klein Keller Williams Arizona Realty

    Section Image
  • 1516 N 37th Ave, Phoenix, AZ 85009

    $250,000

    • Land
    • 0.36 Acre
    • $694,444 per Acre
    • 1516 N 37th Ave
    • Phoenix, AZ

    Rare opportunity to purchase an R-5 (High Density) zoned Land with frontage on McDowell and 37th Ave in a strong infill location. Huge traffic counts on McDowell Road. Please reach out to the listing agent for additional information. **Buyer to verify all facts, figures, measurements**

    Jason Miszuk Realty ONE Group

    Section Image
  • 2844 E South Mountain Ave, Phoenix, AZ 85042

    $222,999

    • Land
    • 0.36 Acre
    • $619,442 per Acre
    • 2844 E South Mountain Ave
    • Phoenix, AZ

    This beautiful .36 acre property in the Openshaw Acres community provides you with beautiful views, lots of space and paved roads. Some utilities appear available for a quick and easy build so don't miss out on what could be your new forever home. Out of state investor. Buyer will be responsible to confirm utilities, details listed and any restrictions. Great investment property! Listing is for

    Chris Sprow LVLY Agency

    Section Image
  • 918 E Dunlap Ave, Phoenix, AZ 85020

    $150,000

    • Land
    • 0.35 Acre
    • $428,571 per Acre
    • 918 E Dunlap Ave
    • Phoenix, AZ

    Vacant lot zoned R4. Duplex on lot next to it must be purchased to purchase this vacant lot (see MLS 6839962). The duplex will be reduced by 25K if vacant lot is purchased. Vacant lot will not be sold separately.

    Mark Forrest Presidential Realty, LLC

    Section Image
  • 8529 S 1st Ave Unit 101, Phoenix, AZ 85041

    $180,000

    • Land
    • 0.34 Acre
    • $529,412 per Acre
    • 8529 S 1st Ave
    • Unit 101
    • Phoenix, AZ

    Multi-family lot close to South Mountain, 14,810 sq. ft. lot with easy access to downtown Phoenix via the new light rail metro line. It's easy to build an apartment complex or custom home in this very desirable area.

    Cesar Gonzalez ProSmart Realty

    Section Image
  • 1848 E Cinnabar Ave, Phoenix, AZ 85020

    $225,000

    • Land
    • 0.33 Acre
    • $681,818 per Acre
    • 1848 E Cinnabar Ave
    • Phoenix, AZ

    Wow the views from this lot are amazing! See Documents Tab for plat map and floor plan. A modified plan exists without any stairs. You will get sunsets most only dream of on this property. Great area for building your dream home. See image of home and floor plan for this lot. This Mountain Preserve Area hillside desert site offers some of Valley's best views in a convenient location that's an

    Patrick Harfst Realty Executives

    Section Image
See All Homes in Phoenix

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
Troska Heinz $50,000 Great American Title Agency
Win Builders Llc $38,000 Great American Title Agency
Carjon Capital Llc -- First American Title Insuran
Fox Remodeling Llc $61,500 First American Title Ins Co
Real Estate Ira 2 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Remodeling Llc $151,000
Previous Owner Fox Remodeling Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $50,000 -12.3% --
06/08/2018 06/08/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $57,000 -0.9% --
05/17/2018 05/17/18 Price Changed $57,500 -3.4% --
05/10/2018 05/10/18 For Sale $59,500 -3.3% --
09/16/2016 09/16/16 Sold $61,500 +4.2% --
05/09/2016 05/09/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $59,000 -- --
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 $1,078 $8,289 $8,289 --
2024 $1,065 $7,894 $7,894 --
2023 $1,065 $9,960 $9,960 $0
2022 $1,023 $8,310 $8,310 $0
2021 $1,048 $7,155 $7,155 $0
2020 $1,023 $6,825 $6,825 $0
2019 $1,016 $7,830 $7,830 $0
2018 $995 $9,705 $9,705 $0
2017 $956 $5,610 $5,610 $0
2016 $1,074 $6,240 $6,240 $0
2015 $1,226 $7,296 $7,296 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Penrod

    Seller's Agent in 2018

    Michael Penrod

    My Home Group Real Estate

    (602) 370-8851

    2 Total Sales

    Michael Penrod
    Section Image
  • Marcy Murphy

    Seller's Agent in 2016

    Marcy Murphy

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 294-5035

    179 Total Sales

    Marcy Murphy
    Section Image
  • Eden Harries

    Seller Co-Listing Agent in 2016

    Eden Harries

    eXp Realty

    (602) 677-4389

    1 Total Sale

    Eden Harries
    Section Image
  • Danielle LaFata

    Buyer's Agent in 2016

    Danielle LaFata

    American Realty Brokers

    Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5764296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-29-043A

Arizona Maricopa County Phoenix 85008

Sunset Acres

Homes for Sale in Phoenix, AZ

This home since 10 May 2018 and is currently priced at $190,455. This home is a home located in Maricopa County with nearby schools including The Creighton Academy, Camelback High 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

Nearby Homes