Vacant land that has been graded. Sale includes paving and the plans for a 42 unit apartment complex.
The property is located in an Opportunity Zone and a QCT. Buyer to verify all information.
Lot/land
$1,499,999
1627 E WOOD Street #-, Phoenix, AZ 85040
--beds
--baths
1.21Acres
Land
Built in ----
1.21 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 87 days
- 22
- 1
Zillow last checked:
Listing updated:
Listed by:
James Frazey 480-729-6803,
City to City Commercial,
Shane Benjamin 480-773-1227,
City To City Commercial
Source: ARMLS,MLS#: 7039828

Facts & features
Property
Features
- Fencing: Chain Link
Lot
- Size: 1.21 Acres
- Dimensions: 133 x 295
Details
- Additional structures: None
- Parcel number: 12239019F
- Zoning: R5
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $294,500
- Annual tax amount: $2,280
- Date on market: 6/10/2026
- Cumulative days on market: 87 days
- Listing terms: Cash,Other (See Rmks)
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $1,499,999 |
Source: | ||
| 6/10/2026 | Listing removed | $1,499,999-6.3% |
Source: | ||
| 2/2/2026 | Pending sale | $1,599,999 |
Source: | ||
| 8/4/2025 | Listed for sale | $1,599,999+100% |
Source: | ||
| 12/13/2023 | Listing removed | -- |
Source: | ||
| 6/1/2022 | Listing removed | $800,000 |
Source: | ||
| 2/13/2022 | Listed for sale | $800,000 |
Source: | ||
| 1/29/2022 | Contingent | $800,000 |
Source: | ||
| 11/25/2021 | Listed for sale | $800,000+122.2% |
Source: | ||
| 11/17/2021 | Sold | $360,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,280 +2.6% | $44,175 +31.9% |
| 2024 | $2,221 | $33,495 |
| 2023 | -- | -- |
| 2022 | $1,202 -0.8% | $16,440 +3.6% |
| 2021 | $1,211 +3.3% | $15,870 -3.4% |
| 2020 | $1,172 +2.8% | $16,425 +47.4% |
| 2019 | $1,141 | $11,145 +8.5% |
| 2018 | $1,141 +4.9% | $10,275 +6.7% |
| 2017 | $1,087 +4.7% | $9,630 +6.8% |
| 2016 | $1,038 +8.2% | $9,015 +15.5% |
| 2015 | $959 | $7,808 +45.7% |
| 2014 | -- | $5,360 |
| 2013 | -- | $5,360 -13% |
| 2012 | -- | $6,160 -33% |
| 2011 | -- | $9,200 -56.1% |
| 2010 | -- | $20,960 -23.8% |
| 2009 | -- | $27,520 +9.6% |
| 2008 | -- | $25,120 +49.5% |
| 2007 | -- | $16,800 +48.9% |
| 2006 | -- | $11,280 +72% |
| 2005 | -- | $6,560 |
| 2004 | -- | $6,560 -4.7% |
| 2003 | -- | $6,880 |
| 2002 | -- | $6,880 |
Find assessor info on the county website






