480-442-0779

5301 E THOMAS Road, 3, Phoenix, AZ 85018 (MLS# 6652878)

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5301 E THOMAS Road, 3, Phoenix, AZ 85018

$4,300,000
Property Type: Land and Lots Lot Size (sq. ft.): 57,864 Status: Active
Current Price: $4,300,000 List Date: 1/19/2024 Last Modified: 4/24/2024

Description

The Papago, designed by Capital Allocation Partners is a permit ready, 56-unit, garden style 4 story project located in the lower Arcadia neighborhood of Phoenix. The Papago features a great mix of studios, 1-br, 2-br units, and a pool.

More Information MLS# 6652878

Contract Information

Current Price: $4,300,000 List Price: $4,300,000 Status: Active List Date: 2024-01-19 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 1.75 Variable Commission: N

Location, Tax & Legal

House Number: 5301 Compass: E Street Name: THOMAS St Suffix: Road Lot #: 3 City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 8011 Country: USA County Code: Maricopa Assessor's Map #: 25 Assessor's Parcel #: 69 Assessor Parcel Ltr: Q Add'l Parcels: No Assessor Number: 126-25-069-Q Legal Description (Abbrev): ORANGEDALE PLACE MCR 16-41 LOT 3 N 375F OF E2 EX N 7F RD Subdivision: ORANGEDALE PLACE Census Tract: 111201 Tax Municipality: Phoenix Taxes: 13841 Tax Year: 2023

General Property Description

Apx Total Acres: 1.33 Apx Total Acres G/N: N Price Per Acre: 3233082.71 Apx SqFt: 57864 Price Per SqFt: 74.31 Apx SqFt G/N: N Lot Size Dimensions: 157'x367' Zoning: r-5 Elementary School: Griffith Elementary School Jr. High School: Griffith Elementary School High School: Camelback High School Elementary School District: Balsz Elementary District High School District: Phoenix Union High School District

Remarks & Misc

Geo Lat: 33.479428 Geo Lon: -111.966639

Status Change Info

Status Change Date: 2024-01-19

Legal Info

Township: 2N Range: 4E Section: 32 Lot Number: 3

Pmt & Rate Info

Equity: 4480000

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Commercial Lot Zoned Presently: Multi-Family Parcel Size: 1.00 - 2.49 Acres Development Status: Raw Land Land Features: Mountain View(s) Existing Structures: None Water: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property New Financing: Cash; Conventional Reports/Disclosures: Soil Test; ALTA Survey Alba Environmental: Phase I Available Lockbox Type: None Fencing: Chain Link
Listing Office: Fenix CRE
Last Updated: April - 24 - 2024
5301 E THOMAS Road, 3, Phoenix, AZ 85018- MLS# 6652878
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