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4028 S 12th Street, Phoenix, AZ 85040
$2,100,000
4028 S 12th Street, Phoenix, AZ 85040View this property at 4028 S 12th Street, Phoenix, AZ 85040
4028 S 12th StreetPhoenixAZ85040
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Property Description
Excellent development opportunity with shovel ready permits, plans and utility bonds for a 56 unit complex. 1.946 Acre Lot, Zoned R-4, Located in the Opportunity Zone and growing Central Phoenix corridor. Close to light rail expansion, Downtown Phoenix and many other lifestyle services. Fantastic location for a 56 unit complex. Plans include 40 one bedrooms and 16 two bedrooms.
Full Property Details
Full Property Details for 4028 S 12th St
General
- Price: $2,100,000
- Taxes: $1,041 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 6687803
- Updated: 4/23/2024
- Added to Site: 23 day(s) ago
Interior
- Flooring: Other
Parking
- Parking Features: None
Location
- County: Maricopa
- Cross Streets: Broadway and 12th Street
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 6
- Exterior Const.: See Remarks
- Roof: See Remarks
- Year Built: 2025
Lot Features
- Lot Dimensions: IRR
- Frontage: Dirt
- Zoning: R4
Financial Considerations
- Tax Amount: $1,041
- Tax Year: 2022
- Terms: Other (See Remarks), Conventional
- Owner Pays: Other
- Tenant Pays: See Remarks
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Property ID: 113-21-033
- Lot Number: 21
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Schools
Schools serving 4028 S 12th St
School Districts:Roosevelt Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
4610 S 12th St, Phoenix, AZ 85040 | K-8 | 0.4 mi | |
5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 0.9 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 6.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4028 S 12th St
Date
Details
Price
Change
Source
4/05/2024
Listed
$2,100,000
156.1%
MLS
1/19/2023
Sold
$820,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4028 S 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,147
2%
$37,050
16%
2022
$1,124
—
$31,810
45%
2022
$1,124
-2%
$21,900
28%
2021
$1,146
1%
$17,110
20%
2020
$1,132
15%
$14,260
14%
2019
$988
3%
$12,520
20%
2018
$960
7%
$10,410
-1%
2017
$895
5%
$10,500
12%
2016
$849
8%
$9,380
49%
2015
$789
4%
$6,280
23%
2014
$757
30%
$5,100
19%
2013
$581
—
$4,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4028 S 12th St
4028 S 12th Street, Phoenix, AZ 85040 (MLS# 6687803) is a Multi-Family property with 56 units containing 0 bedrooms and 0 full bathrooms. 4028 S 12th Street is currently listed for $2,100,000 and was received on April 05, 2024. Want to learn more about 4028 S 12th Street? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.