NOT LISTED FOR SALE

Estimated Value: $267,000 - $447,000

0.16 Acre
$2,116,669 Price per Acre
6,970 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $179,000 $339 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,834/month

61 Days on Market

Highlights

  • City View
  • Shed
  • Partially Fenced Property

About This Lot

As of February 2021

Excellent opportunity to own vacant land in a central town location! Zoned CC, Community Commercial. Could possibly be used for residential, commercial building, multi-family duplex, mixed use... (Verify with City of Flagstaff, ok prior to 11/2011.) Demo permit on file for clearing the property in prep for a new structure (sellers spent around $40k in clearing and demo for prep). Accessory structure ''shed'' in the back of the property started. Paved front entry and parking area for 4+ cars. Please do not disturb neighbors. Call listing agent for more information. Commercial Palomino Glass building adjacent to lot also listed for sale separately MLS # 183925.

Last Agent to Sell the Property

Melinda Lieber

RE/MAX Fine Properties License #SA554405000 Listed on: 12/18/2020

RE/MAX Fine Properties

Last Buyer's Agent

Shelley Buckman

RealtyONEGroup Mountain Desert

RealtyONEGroup Mountain Desert

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $768

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned CC

Property Views

  • City Views

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 10705148

Community Details

Overview

  • Commercial Only Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$768

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Legal Info Range: 07E
  • Property Type: Land
  • Topography: Gentle Sloping, Level
  • Zoning: CC
  • Tax Year: 2020
  • Lot Size Acres: 0.16
  • Subdivision Name: Commercial Only
  • Water Source City Franchise2: Yes
  • View City2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • View: City
  • Other Structures: Shed(s)

Utilities

  • Water Source: City Franchise

Lot Info

  • Lot Size: 50' x 135' x 50' x 135'
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 10705148

Tax Info

  • Tax Annual Amount: 768.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 4, 2021
Sold by
Palomino Elizabeth
Bought by
Greenwell Rita Marie and Jimenez Maximo Perez
Seller's Agent
Melinda Lieber
RE/MAX Fine Properties
Buyer's Agent
Shelley Buckman
RealtyONEGroup Mountain Desert
List Price
$217,000
Sold Price
$179,000
Premium/Discount to List
-$38,000
-17.51%
Current Estimated Value
$338,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,667
Avg. Annual Appreciation
13.63%
Original Mortgage
$97,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Serna Louie R and Serna Antoinette
Bought by
Palomino Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2016
Sold by
Serna Louie
Bought by
Serna Louie R and Serna Antoinette

Purchase Details

Closed on
May 13, 1998
Sold by
Simpson Charles E and Simpson Charles Edward
Bought by
Serna Louie and Serna Trisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Greenwell Rita Marie -- Pioneer Title
Palomino Elizabeth $100,000 Pioneer Title Agency Inc
Serna Louie R -- None Available
Serna Louie $65,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenwell Rita Marie $97,500
Previous Owner Palomino Elizabeth $95,000
Previous Owner Serna Louie $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $179,000 -17.5% $339 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $217,000 -- $411 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $901 $21,576 -- --
2024 $901 $19,576 -- --
2023 $866 $14,809 $0 $0
2022 $813 $12,096 $0 $0
2021 $790 $11,696 $0 $0
2020 $768 $11,104 $0 $0
2019 $754 $9,079 $0 $0
2018 $733 $8,030 $0 $0
2017 $690 $7,523 $0 $0
2016 $708 $7,551 $0 $0
2015 $666 $7,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 525028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-05-148

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