$429,000

1608 W Sherman St Unit 4 Phoenix, AZ 85007

Central City Neighborhood

Estimated payment $2,464/month

Total Views 605
0.33 Acre
$1,300,000 Price per Acre
14,375 Sq Ft Lot

Highlights

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

About This Lot

LOCATED RIGHT OFF DOWNTOWN! Formerly 2 separate lots with single family homes. Could easily be split again for 2 SFR projects. Perfect for an Apartment or Condo project up to 18 units. Located just 2 miles from downtown and close to the airport. Properties to the North are zoned C-3 commercial lots. Potential rezoning available. This downtown Phoenix area has new & established single family, multi-residential developments and commercial properties.
Lot is currently being rented for storage at $1100 monthly.

Listing Agent

Emily Weaver

Open House Realty License #SA668881000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $843

Lot Details

  • 0.33 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Property is zoned R5

Community Details

  • No Home Owners Association
  • North Steve Rayburn Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 112-10-026-A

Property Details

Property Type

Land

Est. Annual Taxes

$843

Lot Details

0

Listing Details

  • Cross Street: 17th Ave & Sherman St.
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: R5
  • Tax Year: 2024
  • Directions: From I-17S take exit 199A, merge onto 23rd Ave, turn left on Grant St, turn right on 17th Ave, left on Sherman St, lot will be on the left.
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: NORTH STEVE RAYBURN SUBDIVISION
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family, Mobile/Mgf Hme/RV's

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 100 x 141.59
  • Lot Size Sq Ft: 14159.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 112-10-026-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 843.0
  • Tax Book Number: 112.00
  • Tax Lot: 4
  • Tax Map Number: 10.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $843 $6,112 $6,112 --
2024 $860 $6,003 $6,003 --
2023 $860 $15,215 $15,215 $0
2022 $854 $10,010 $10,010 $0
2021 $872 $8,586 $8,586 $0
2020 $882 $7,380 $7,380 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 For Sale $429,000 +680.0% --
11/15/2013 11/15/13 Sold $55,000 -73.8% --
11/07/2013 11/07/13 Pending -- -- --
05/25/2011 05/25/11 For Sale $210,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Transamerica Title Ins Co
Joint Tenancy Deed $14,000 Transamerica Title Ins Co
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6820319

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-10-026A