NOT LISTED FOR SALE

Estimated Value: $136,940

0.14 Acre
$978,143 Price per Acre
6,327 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $137,500

Current estimated payment $802/month

16 Days on Market

Highlights

  • City Lights View
  • No HOA
  • East or West Exposure
  • Phoenix Coding Academy Rated A
  • Level Lot

About This Lot

As of August 2024

Great development opportunity with shovel ready permits, plans for a custom vertical duplex, 2029sqft 1st floor and 2093sqft 2nd floor, 4,122 total livable square footage 6,327 sqft lot, current zoning is multi-family, List price does not include any revisions or construction costs for the project. Property is located in an expanding Central Phoenix corridor! Walking distance to Chase Field and several other venues for Downtown entertainment and dining. The new light rail station and South-Central Phoenix expansion is a short walk away with tons of potential for Downtown living at it's best.

Last Listed By

Timothy Schutt

Wrangler Real Estate License #BR567000000 Listed on: 07/31/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $455

Year Built

  • 1947

Lot Details

  • 6,327 Sq Ft Lot
  • East or West Exposure
  • Level Lot
  • Property is zoned R-3

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association
  • Cope Add Blks 7 10 Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 112-40-122

Property Details

Property Type

Land

Est. Annual Taxes

$455

Year Built

1947

Lot Details

0

Listing Details

  • Cross Street: Mohave & 5th St
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2023
  • Lot Size Acres: 0.14
  • Subdivision Name: COPE ADD BLKS 7-10
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1947

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: East/West Exposure, City Light View(s), Mountain View(s), North/South Exp
  • 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: Unknown
  • Lot Size Sq Ft: 6327.0
  • Additional Parcels: No
  • Parcel #: 112-40-122
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 455.0
  • Tax Book Number: 112.00
  • Tax Lot: 17
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Aug 26, 2024
Sold by
1726 South 5Th Street Llc
Bought by
Rabago Ramon A
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Shamaine Cunningham
My Home Group Real Estate
List Price
$159,000
Sold Price
$137,500
Premium/Discount to List
-$21,500
-13.52%
Total Days on Market
16
Current Estimated Value
$136,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$560
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Feb 14, 2022
Sold by
Treasurer Of Maricopa County State Of Ar
Bought by
Captain Rodgers Llc

Purchase Details

Closed on
Jan 12, 2022
Sold by
Treasurer Of Maricopa County State Of Ar
Bought by
Captain Rodgers Llc

Purchase Details

Closed on
Aug 3, 2019
Sold by
Torres Tapia Luis Gerardo
Bought by
Torres Luis

Purchase Details

Closed on
Jun 15, 2015
Sold by
Az Desert Hills Llc
Bought by
Tapia Luis Gerardo Torres

Purchase Details

Closed on
Oct 18, 2012
Sold by
Torres Luis
Bought by
Az Desert Hills Llc

Purchase Details

Closed on
Sep 20, 2012
Sold by
Werner Construction Llc
Bought by
Torres Luis

Purchase Details

Closed on
Aug 13, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Werner Construction Llc

Purchase Details

Closed on
Jun 23, 2009
Sold by
Romero Charlie and Romero Susie
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 25, 2006
Sold by
Romero Charlie
Bought by
Romero Charlie and Romero Susie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 25, 2006
Sold by
Gonzalez Anita
Bought by
Romero Charles

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
Rabago Ramon A $137,500 Title Service And Escrow Compa
Captain Rodgers Llc -- Kessler Law Group
Captain Rodgers Llc -- Kessler Law Group
Torres Luis -- None Available
Tapia Luis Gerardo Torres -- None Available
Az Desert Hills Llc -- None Available
Torres Luis $15,500 Driggs Title Agency Inc
Werner Construction Llc $10,500 First American Title Ins Co
Federal Home Loan Mortgage Corp $22,500 First American Title
Romero Charlie -- Great American Title Agency
Romero Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Luis $0
Previous Owner Romero Charlie $90,000
Previous Owner Romero Charlie $57,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $137,500 -1.8% --
08/16/2024 08/16/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $140,000 -9.7% --
08/05/2024 08/05/24 Price Changed $155,000 -2.5% --
07/31/2024 07/31/24 For Sale $159,000 -- --
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 $460 $3,438 $3,438 --
2024 $455 $3,274 $3,274 --
2023 $455 $7,650 $7,650 $0
2022 $439 $5,160 $5,160 $0
2021 $436 $4,890 $4,890 $0
2020 $441 $4,170 $4,170 $0
2019 $440 $2,610 $2,610 $0
2018 $433 $2,610 $2,610 $0
2017 $423 $2,745 $2,745 $0
2016 $410 $2,565 $2,565 $0
2015 $405 $2,736 $2,736 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6737946

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-40-122