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11830 North 28th Drive

11830 North 28th Drive, Phoenix, AZ 85029
Sold Mar 11, 2020
$475,000
$5,389,303 by Housemax Funding Llc
Mortgage Due Aug 01, 2024
Sold Mar 02, 2017
$120,000
11830 North 28th Drive in Phoenix, AZ was first built in 2022 and is 2 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. 11830 North 28th Drive has 30,636 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 35,482 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11830 North 28th Drive sold most recently in Feb 21, 2020 for a total of $475,000. If you work out the math, that's approximately a cost of $30.35 per sqft. Before that, the property was also sold for $120,000 in Feb 22, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,897 in taxes each year. 11830 North 28th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $210,660. If we break it down further, the land itself was valued at $43,350. Improvements to the property, however, were assessed at a total of $167,310. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 35,482
  • Total Building Area: 15,652
  • Building Area: 15,652
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 30,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE BILTMORE VILLAGE NORTH
  • Land Acres: 0.815
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • State Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LAKE BILTMORE VILLAGE NORTH MCR 595-08

Ownership

  • Current Owner : CROWNLUX DEVELOPMENT LLC
  • Previous Owner : GBC DEVELOPMENT LLC
  • Owner Before Previous Owner: ALPHA PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 104302

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 59508
  • Parcel: 149-63-720
  • Lot: 3
  • Meridian: SEC 23 TWN 3N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.5943
  • Longitude: -112.12

    Address

  • Full Address: 11830 N 28th Dr
  • Address - House Number: 11830
  • Street Direction: N
  • Address - Street Name: 28th
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C061
  • 4-Digit Zip Code: 3366
  • Zip Code: 85029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,897
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.2987
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 40
  • Final Value: 3,059,239
  • High Value: 3,973,126
  • Low Value: 2,145,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,389,303
  • First Open Lien Mortgage Lender: HOUSEMAX FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 09, 2023
  • First Open Lien Mortgage Loan Amount: $5,389,303
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2024

    Market Valuation

  • Market Total Value: $2,106,600
  • Market Land Value: $433,500
  • Market Improvement Value: $1,673,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,660
  • Assessed Land Value: $43,350
  • Assessed Improvements Value: $167,310

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Mar 11, 2020
  • Current Sale Transaction ID: 11745652119
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200212108
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 22, 2017
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARIZONA MORTGAGE & INVESTMENT
  • First Mortgage Transaction Date: Mar 11, 2020
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About North Mountain



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Frequently Asked Questions

What neighborhood is 11830 North 28th Drive located in?
The 11830 North 28th Drive is a commercial located in the neighborhood of Lake Biltmore Village North in North Mountain, Phoenix.
What is the average sales price for listings in 11830 North 28th Drive?
The average sales price for units in 11830 North 28th Drive is $0 currently.

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