2945 N 18TH Place $3,500,000

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    2945 N 18TH Place Phoenix, AZ 85016

    • 1.30 Acres
    • Land
    • MLS# 6277540
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    Views: 29 Days On Site: 165

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    Property Details

    A developer's dream! Located off of the 51 Freeway and Thomas Road, 8 minutes from the airport, on the same street as a newer Starbucks and across the street from Phoenix Children's Hospital. This perfectly located property includes 4 total parcels of land: #119-34-031-G, #119-34-031-H, #119-34-019, #119-34-035. One parcel is zoned partially R3, the other three parcels are zoned R1-6.

    • General Features
      • County Maricopa
      • Cross Street Thomas Road and 18th Place
      • Directions Exit 51 freeway and head west on Thomas Road. Right on 18th Place. Parcels start at the end of the Cul-de-sac
      • Existing Land Use Other (See Rmks),Residential Lot
      • For Sale/Lease Sale
      • New Financing 1031 Exchange,Cash
      • Potential Use Multi-Family
      • Presently Zoned Multi-Family,Single Family
      • Special Listing Conditions N/A
      • Tax Year 2020
      • Taxes $634
      • Zoning R 1-6, R3
    • Property Features
      • Apx. Total Acres1 1.3
      • Legal Info: Lot Number -
      • Electric APS
      • Gas Other (See Rmks)
      • Land Features City Light View(s),Cul-De-Sac,Mountain View(s)
      • Sewer Sewer - Public
      • Water City Franchise

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    Neighborhood

    85016 (Phoenix) Demographics

    38 Median Age
    3,944 Population Density (per sq. mile)
    48% College Educated
    $60,085 Estimated Median Income
    7,769 Estimated Total Home Owners
    9,069 Estimated Total Renters
    46% / 54% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,930 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $518,500 Median Sales Price
    52 Homes Sold
    49 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,500,000 -10.26%
        8/11/2021 11:42:00 AM New in Database Source: Multiple Listing Service New Value: $3,900,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 1/23/2022 12:57:30 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Hunt Real Estate Arizona.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.