NOT LISTED FOR SALE

XXXX N El Mirage Rd Avondale, AZ 85392

Estimated Value: $3,310,515

7 Acres
$447,367 Price per Acre
322,344 Sq Ft Lot

Last Sold March 11, 2020

Last sale price $600,000

Est. 452% increase in value since last sale

Current estimated payment $19,302/month

139 Days on Market

About This Lot

As of March 2020

Great location at a section line corner with a signalized intersection. Property has a great window along Indian School Road, with daily traffic counts exceeding 45,000 vpd in both East and West directions. Interstate – 10, Loop 101, and Loop 303 are all in close proximity to the property.Billboard income of $6,000 per year, renews annually.

Last Agent to Sell the Property

Jeremy Lovejoy

Insight Land & Investments License #BR541645000 Listed on: 08/16/2019

Last Buyer's Agent

Jeremy Lovejoy

Insight Land & Investments License #BR541645000 Listed on: 08/16/2019

Property Details

Property Type

  • Land

Lot Details

  • 7.4 Acre Lot
  • Property is zoned C-2

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 501-63-024-N

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: El Mirage Road & Indian School Road
  • Property Type: Land
  • Zoning: C-2
  • Tax Year: 2018
  • Lot Size Acres: 7.4
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: City Electric
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: -
  • Lot Size Sq Ft: 322213.0
  • Additional Parcels: No
  • Parcel #: 501-63-024-N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16828.0
  • Tax Book Number: 501.00
  • Tax Lot: -
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Krupalu Inc
Bought by
Zanbour Llc
Current Estimated Value
$3,310,515

Purchase Details

Listed on
Aug 16, 2019
Closed on
Feb 14, 2020
Sold by
Lewis Delbert R and Sarsan Lewis Heather N
Bought by
Krupalu Inc
Seller's Agent
Jeremy Lovejoy
Insight Land & Investments
Buyer's Agent
Jeremy Lovejoy
Insight Land & Investments
List Price
$725,000
Sold Price
$600,000
Premium/Discount to List
-$125,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.70%

Purchase Details

Closed on
Feb 26, 2019
Sold by
Van Buren Properties Llc
Bought by
Lewis Delbert R

Purchase Details

Closed on
Nov 7, 2013
Sold by
Gaynor Companies Llc
Bought by
My Diamond Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Indian School Vii El Mirage Lp
Bought by
Ar & Hh Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.56%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Zanbour Llc $3,642,913 Chicago Title
Krupalu Inc $600,000 Thomas Title & Escrow
Lewis Delbert R -- None Available
My Diamond Llc -- Security Title Agency
Ar & Hh Investment Llc $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner My Diamond Llc $210,000
Previous Owner Ar & Hh Investment Llc $1,100,000
Previous Owner Avondale Self Storage Associates Llc $4,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2020 03/11/20 Sold $600,000 -17.2% --
08/15/2019 08/15/19 For Sale $725,000 -- --
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 $15,173 $147,878 $147,878 --
2024 $14,675 $140,837 $140,837 --
2023 $14,675 $134,130 $134,130 $0
2022 $17,356 $186,240 $186,240 $0
2021 $17,831 $186,240 $186,240 $0
2020 $17,306 $190,875 $190,875 $0
2019 $17,071 $188,985 $188,985 $0
2018 $16,828 $182,595 $182,595 $0
2017 $15,745 $177,270 $177,270 $0
2016 $15,116 $147,450 $147,450 $0
2015 $15,249 $168,016 $168,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5965602

Arizona Regional Multiple Listing Service (ARMLS)

APN: 501-63-024N