Lot/land

Price cut: $450K (4/16)

$1,799,999

4249 N 16TH Street, Phoenix, AZ 85016

--beds

--baths

0.63Acres

Land

Built in ----

0.63 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Seller is open to providing seller-carry financing for a portion of the purchase price. Terms are negotiable based on the overall strength of the offer. Outstanding location with high visibility along 16th Street. This vacant lot features C-2 zoning in the front and R-3 zoning in the rear. Seller is currently awaiting city approval for plans to construct 8 modern townhomes, reach out to listing agent for plans. Highlights: • Mixed C-2 and R-3 zoning • Plans submitted for 8 townhomes • High-traffic, high-demand location • Easy access to SR-51, Downtown Phoenix, and Camelback Corridor

422 days

48

2

Facts & features

Property

Features

Fencing: None

Lot

Size: 0.63 Acres
Dimensions: 85' x 283'
Features: Corner Lot
Topography: Level

Details

Additional structures: None
Parcel number: 16328048A
Zoning: C-2
Horse amenities: Other, See Remarks

Utilities & green energy

Electric: City Electric
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Subdivision: MORNINGSIDE ACRES

HOA

Has HOA: No

Location

Region: Phoenix

Financial & listing details

Tax assessed value: $551,100
Annual tax amount: $4,009
Date on market: 5/5/2025
Cumulative days on market: 422 days
Listing terms: Cash,Seller Approve Terms
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,629/mo

Price history

Date	Event	Price
4/16/2026	Price change	$1,799,999-20%
Source: ARMLS #6861744 Report a problem
5/5/2025	Listed for sale	$2,250,000+900%
Source: ARMLS #6861744 Report a problem
7/29/2011	Sold	$225,000+7.1%
Source: Public Record Report a problem
11/3/2004	Sold	$210,000+50%
Source: Public Record Report a problem
8/31/2001	Sold	$140,000+57.8%
Source: Public Record Report a problem
8/31/1994	Sold	$88,705
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,205 +4.9%	$82,665 +2.8%
2024	$4,009 +2.7%	$80,430 +174.7%
2023	$3,901 +3.1%	$29,276 -35.6%
2022	$3,785 +0.7%	$45,450 +17.9%
2021	$3,758 +2.3%	$38,565 +23.8%
2020	$3,676 +2.5%	$31,140 -13.6%
2019	$3,585	$36,045 +8.2%
2018	$3,585 +4.9%	$33,315 +12%
2017	$3,417 +4.5%	$29,745 +16.2%
2016	$3,268 +3.6%	$25,605 +21.1%
2015	$3,154	$21,136

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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