NOT LISTED FOR SALE

Estimated Value: $857,257 - $1,086,000

4 Beds
2 Baths
1,260 Sq Ft
$752/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $760,000 $603 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,437/month

40 Days on Market

Highlights

  • 0.68 Acre Lot
  • Mountain View
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • No HOA
  • Evaporated cooling system

About This Home

As of September 2021

Very rare opportunity, same owner for over 60 years. This is a .683 acre lot zoned R-4 in ''red hot'' location right next to Scottsdale and Papago Park. Great infill property to develop. Dwellings are old but solid and include a 4 bedroom main house and a detached guest house now used for storage. Lots of mature trees and the lot has irrigation. Value is in the land. Great for Family Compound, multiple Single Family, Casita style, Condos or Multi Family. May be up to 20 units (buyer to verify during inspection).
***Seller needs up to 30 day post possession***

Last Agent to Sell the Property

Darren Kellas

West USA Realty License #BR005385000 Listed on: 05/14/2021

West USA Realty

Last Buyer's Agent

Chad Klock

RETSY License #SA630602000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 1949

Lot Details

  • 0.68 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom in 49
  • Orangedale Estates Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 126-20-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: 51st Street North of Mcdowell
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2003
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2003
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1949
  • Tax Year: 2020
  • Directions: North on 51st Street to the property on the Right/East
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.68
  • Subdivision Name: ORANGEDALE ESTATES
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Free Standing, Family Room, Gas
  • Fireplace: Yes
  • Living Area: 1260.0
  • Stories: 1
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Fixer
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Orangedale Junior High Prep Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29766.0
  • Parcel #: 126-20-025

Building Info

  • Builder Name: Custom in 49

Tax Info

  • Tax Annual Amount: 1107.0
  • Tax Book Number: 126.00
  • Tax Lot: 19
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Sep 21, 2021
Sold by
Otero Connie S and The Connie S Otero Revocable T
Bought by
1621 North 51St Street Llc
Seller's Agent
Darren Kellas
West USA Realty
Buyer's Agent
Chad Klock
RETSY
List Price
$995,000
Sold Price
$760,000
Premium/Discount to List
-$235,000
-23.62%
Current Estimated Value
$947,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,314
Avg. Annual Appreciation
5.30%
Original Mortgage
$610,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
May 14, 2021
Closed on
Sep 9, 2021
Sold by
Otero Connie S and Otero Rosendo
Bought by
Otero Connie S and The Connie S Otero Revocable T
Seller's Agent
Darren Kellas
West USA Realty
Buyer's Agent
Chad Klock
RETSY
List Price
$995,000
Sold Price
$760,000
Premium/Discount to List
-$235,000
-23.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2003
Sold by
Rodriguez Juan A and Rodriguez Jennifer
Bought by
Ianc Florin

Purchase Details

Closed on
Nov 7, 2002
Sold by
Markos Tom
Bought by
Markos Nina

Purchase Details

Closed on
Sep 16, 1998
Sold by
Schmit Dale F
Bought by
Schmit Dale Francis and The Dale Francis Schmit Revocable Trust

Purchase Details

Closed on
Jun 2, 1998
Sold by
Zackowski Gregory F
Bought by
Zackowski Gregory F and Gregory F Zackowski Trust

Purchase Details

Closed on
Dec 29, 1995
Sold by
Otero Rosendo O and Otero Consuelo S
Bought by
Otero Rosendo Olivas and Otero Connie S
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
1621 North 51St Street Llc $760,000 Arizona Premier Title Llc
Otero Connie S -- Arizona Premier Title
Ianc Florin $163,000 American Title Ins Agency Az
Markos Nina -- Equity Title Agency Inc
Schmit Dale Francis -- --
Zackowski Gregory F -- --
Otero Rosendo Olivas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rck Capital Llc $1,275,000
Closed 1621 North 51St Street Llc $450,000
Closed 1621 North 51St Street Llc $300,000
Closed 1621 North 51St Street Llc $250,000
Closed 1621 North 51St Street Llc $100,000
Closed 1621 North 51St Street Llc $650,000
Closed 1621 North 51St Street Llc $650,000
Closed 1621 North 51St Street Llc $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $760,000 -4.9% $603 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/14/2021 06/14/21 Price Changed $799,000 -19.7% $634 / Sq Ft
05/14/2021 05/14/21 For Sale $995,000 -- $790 / Sq Ft
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 $4,909 $40,876 $40,876 --
2024 $4,862 $38,930 $38,930 --
2023 $4,862 $78,885 $78,885 $0
2022 $2,555 $32,800 $6,560 $26,240
2021 $1,067 $29,820 $5,960 $23,860
2020 $1,107 $30,010 $6,000 $24,010
2019 $1,100 $26,420 $5,280 $21,140
2018 $949 $12,650 $2,530 $10,120
2017 $847 $12,650 $2,530 $10,120
2016 $888 $12,650 $2,530 $10,120
2015 $849 $12,650 $2,530 $10,120
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6236700

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-20-025