For sale

$525,000

5016 N 21ST Avenue, Phoenix, AZ 85015

3beds

1,304sqft

$3,128/mo

Get pre-qualified

Single Family Residence

Built in 1936

0.56 Acres Lot

$-- Zestimate^®

$403/sqft

$-- HOA

What's special

Detached casita

This redevelopment opportunity is ideally located in a prime Central Phoenix location near Grand Canyon University. Highest and best value is in the land and multifamily zoning. Zoned R-3, the property offers rare density potential for an infill townhome, duplex, or 8-10+ unit residential project (buyer to verify unit count/site plan with the City of Phoenix), complete with rear alley access. Located in a qualified opportunity zone. Large 1/2 acre plus lot. Commuting is made easy with close proximity to three major highways (I-17, I-10, AZ-51) and the Phoenix Light Rail. Tenant occupied 3 bedroom/2 bathroom and detached casita. Immediate cash flow for an infill development to cover costs while plans are approved. Please do not disturb tenants.

4 days
124
4

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Central Air

Appliances

Included: Refrigerator, Electric Range
Laundry: Other

Features

Non-laminate Counter, Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
Flooring: Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,304
Total interior livable area: 1,304 sqft

Property

Parking

Total spaces: 4
Parking features: Open
Uncovered spaces: 4

Features

Stories: 1
Spa features: None
Fencing: Partial

Lot

Size: 0.56 Acres
Features: Natural Desert Back, Natural Desert Front

Details

Additional structures: Guest House
Parcel number: 15325082

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Painted
Roof: Composition

Condition

Year built: 1936

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Features: Near Light Rail Stop, Near Bus Stop
Subdivision: CAMELBACK GARDENS

HOA

Has HOA: No
Services included: No Fees

Location

Region: Phoenix

Financial & listing details

Price per square foot: $403/sqft
Tax assessed value: $308,800
Annual tax amount: $1,156
Date on market: 9/4/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/4/2026	Listed for sale	$525,000+5%$403/sqft
Source: ARMLS #7074771 Report a problem
1/23/2024	Listing removed	$500,000$383/sqft
Source: ARMLS #6487453 Report a problem
11/17/2022	Listing removed	$500,000$383/sqft
Source: ARMLS #6487453 Report a problem
11/11/2022	Listed for sale	$500,000+177.8%$383/sqft
Source: ARMLS #6487453 Report a problem
9/29/2017	Sold	$180,000+196.7%$138/sqft
Source: Public Record Report a problem
10/14/2009	Sold	$60,669-0.4%$47/sqft
Source: Public Record Report a problem
7/7/2009	Sold	$60,900+1.7%$47/sqft
Source: ARMLS #4186328 Report a problem
6/13/2009	Listed for sale	$59,900-47.9%$46/sqft
Source: Listhub #4186328 Report a problem
4/23/2009	Sold	$115,000-50.4%$88/sqft
Source: Public Record Report a problem
2/3/2006	Sold	$232,000+562.9%$178/sqft
Source: ARMLS #2371697 Report a problem
10/15/1997	Sold	$35,000$27/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,156 +10.1%	$30,880 -12.6%
2024	$1,050 -0.5%	$35,320 +432.7%
2023	$1,055 +1.6%	$6,630 -62%
2022	$1,039 +3.1%	$17,450 -16%
2021	$1,008 +1.3%	$20,770 +30%
2020	$996 +8.3%	$15,980 +14.6%
2019	$919	$13,950 +17.7%
2018	$919 +1.3%	$11,850 +16.7%
2017	$907 +10.3%	$10,150 +11.8%
2016	$823 -1.2%	$9,080 -5.4%
2015	$833	$9,600 +74.2%
2014	--	$5,510 +15.8%
2013	--	$4,760 +35.6%
2012	--	$3,510 -12.5%
2011	--	$4,010 -61.5%
2010	--	$10,420 -31.8%
2009	--	$15,270 -6.9%
2008	--	$16,400 +24.2%
2007	--	$13,200 +56.2%
2006	--	$8,450
2005	--	$8,450 +12.7%
2004	--	$7,500
2003	--	$7,500 +26.1%
2002	--	$5,950