2117 W Olney Ave, Phoenix, AZ 85041

5.25 acres

Lot/Land
$399,900
Est. Mortgage
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Estimated Monthly Payment

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My Notes

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Tract of land with approximately 5 acres of prestine earth with potential and opportunity. Build your dream home with city and mountain views. Take advantage of the total 5 acres and develop the land. With R1-10 zoning it is possible to achieve 2-21/2 houses per acre (10-12 homes). Drive this property, it''s worth seeing!A great way to invest in real estate and build your own subdivision in a corridor of Phoenix.Owner may even carry. Call for details

Facts

  • 648 days on Zillow
  • Last sold: May 2011 for $175,000

    Features

    • Pool
    • View: City, Mountain

      Additional Features

      • Apx Total Acres G/N \ G, Development Status \ Raw Land, Electric \ SRP, Elementary School \ Other, For Sale or Lease? \ Sale, Gas \ Other (See Rmks), High School \ Other, Jr. High School \ Other, Land Configuration \ Square Rectangular, Land Features \ City Light View(s), Land Features \ Mountain View(s), New Financing \ Cash, New Financing \ Seller May Carry, Parcel Size \ 5.00 - 9.99 Acres, Potential Use \ Single Family, Road Streets \ Asphalt/Blacktop, Sewer \ Sewer - Available, Special Listing Cond \ N/A, State/Province \ AZ, Tax Municipality \ Phoenix, Vegetation \ Natural Vegetation, Water \ City Franchise, Zoned Presently \ Single Family

      Other

      • Parcel #: 30016016
      • Zillow Home ID: 8129977

      Zestimate Details

      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,220/mo
      +$10 Last 30 days
      $952
      $1.8K
      Zestimate range

      Comparable Homes

      Homes like this sold for $23-750K.

      $20K
      $760K

      Popularity on Zillow

      1,458 views since listing
      2,370 all-time (chart)
      1 shopper saved
      this home to their list of favorites
       

      Home Expenses

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      Neighborhood

      Market guide

      Zillow predicts South Mountain home values will increase 4.7% next year, compared to a 4% rise for Phoenix as a whole. Among South Mountain homes, this home is 216.9% more expensive than the midpoint (median) home, and is priced 87.8% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In South Mountain, the number of foreclosures waiting to be sold is 14.1% higher than in Phoenix, and 144.6% higher than the national average. This higher local number may prevent South Mountain home values from rising as quickly as other regions in Phoenix.

      Learn more about forecast calculations or South Mountain home values.
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        Rentals

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        Nearby Schools in Phoenix

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org