7111 N 83RD Avenue 004, Glendale, AZ 85303

$450,000
Property Type: Land Lot Size (sq. ft.): 253,955 Status: Closed
Current Price: $450,000 List Date: 5/27/2014 Last Modified: 10/20/2015

Description

DRASTICALLY REDUCED!! Previously sold for $2.125M in March, 2006 and forclosed upon by private lenders.Opportunity now awaits another builder/developer on this 5.83 acre parcel within Glendale borders. Property borders ON both on 83rd and 81st Avenues. Current zoning allows for SFR's (R 1-6, 52%)as well as multiple dwellings (R-4, 48%). In addition to residential development, perhaps a Special Use permit can be obtained to allow for many other projects, incl. senior care housing/rehab facility, church, other facilities, etc. Block wall along entire southern border separated parcel from newer single family development. Buyer responsible for all tests, reports, and site prep.

More Information MLS# 5121447

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $450,000 Sold Price: $450,000 Status: Closed List Date: 2014-05-27

Location, Tax & Legal

Lot #: 004 Assessor's Map #: 27 Assessor's Parcel #: 4 Add'l Parcels: No Tax Municipality: Glendale Census Tract: 92711 Taxes: 2732.44 Map Code/Grid: N31 House Number: 7111 Compass: N Street Name: 83RD St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85303 Zip4: 2203 County Code: Maricopa Assessor Number: 142-27-004 Subdivision: Developer/Builder Opportunity Tax Year: 2014

General Property Description

Apx Total Acres: 5.83 Apx Total Acres G/N: G Price Per Acre: 111492.28 Apx SqFt: 253955 Price Per SqFt: 2.55 Apx SqFt G/N: G Lot Size Dimensions: 198 X 1283 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District Zoning: R 1-6, R-4

Legal Info

Range: 1E Section: 2 Township: 2N Lot Number: 004

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 650000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Existing Land Use

Other (See Rmks): 1

Zoned Presently

Single Family: 1 Multi-Family: 1

Potential Use

Single Family: 1 Multi-Family: 1 Ranch: 1 Other: 1 See Remarks: 1

Parcel Size

5.00 - 9.99 Acres: 1

Development Status

Off Site Imp Complte: 1

Land Configuration

Square Rectangular: 1

Road Access Type

Dedicated Street: 1

Road Surface Type

Asphalt: 1

Fencing

Block: 1 Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Sewer

Sewer - Public: 1

Electric

APS: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

Barn(s): 1 Abandoned: 1 Residence: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Conventional: 1 Seller Approve Terms: 1 Owner May Carry: 1

Special

REO Property: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

On Property: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

On Property: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Use Restrictions

Existing Easement: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 480-451-9816

Existing Other Loan

Not Applicable: 1

Seller May Carry (SMC) Payment

Quarterly: 1 Principal & Interest: 1 Balloon: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Glendale and 83 Ave. Directions: From Glendale Ave., go North on 83 Ave to property on east side of street. Property enclosed by chain link fence. Geo Lat: 33.540002 Geo Lon: -112.235475

Status Change Info

Off Market Date: 2015-07-30 Under Contract Date: 2015-07-11 Close of Escrow Date: 2015-07-31 Sold Price: $450,000

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Single Family; Multi-Family Potential Use: Single Family; Multi-Family; Ranch; Other; See Remarks Parcel Size: 5.00 - 9.99 Acres Development Status: Off Site Imp Complte Land Configuration: Square Rectangular Road Access Type: Dedicated Street Road Surface Type: Asphalt Topography: Level Existing Structures: Barn(s); Abandoned; Residence Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Seller Approve Terms; Owner May Carry Seller May Carry (SMC) Payment: Quarterly; Principal & Interest; Balloon Special: REO Property Use Restrictions: Existing Easement Environmental: None Fencing: Block; Chain Link
Listing Office: Provident Partners Realty
IDX
Last Updated: October - 20 - 2015
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