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Sold for $2,000,000
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  • $2,000,000

    617 N 7th St, Phoenix, AZ 85006

    7beds
    6baths
    4,030sqft
    SingleFamily
    Built in 1926
    0.47 Acres Lot
    $2,249,000 Zestimate®
    $496/sqft
    $3,824 Estimated rent

    Home value

    $2,249,000

    $1.87M - $2.72M

    $3,824/mo

    Zestimate® history
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    Owner options

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    $3,824/mo

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    $11,439/mo

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    $11,439/mo

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    What's special

    Incredible Investment and/or Development Opportunity in Downtown Phoenix. Almost 1 acre in adjacent parcels at the southeast corner of 7th Street and Pierce. Across the street from the rapidly expanding Phoenix Biomedical Campus, ASU Downtown Campus, TGen Headquarters and thousands of potential customers, buyers or tenants. Zoned C-2 with almost limitless possibilities- mixed-use development? condominium? restaurants and retail?? Walk to Light Rail, Heritage Square, Chase Field, Jackson Street Entertainment District and all downtown Phoenix has to offer. Seller will remove all structures OR Existing structures provide immediate income and city grant of $150k for renovations. Additional adjacent parcels are potentially available, just ask. MOTIVATED SELLER!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Heating
    • Wall
    Cooling
    • Evaporative
    Interior area
    • Total interior livable area: 4,030 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: 11632192A

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Built-up
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Phoenix

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $14 monthly

    Price history

    DateEventPrice
    1/15/2025Sold$2,000,000+150%$496/sqft
    Source: Public Record Report a problem
    9/30/2014Sold$800,000-49.7%$199/sqft
    Source: Public Record Report a problem
    2/2/2012Listing removed$1,590,000$395/sqft
    Source: Realty One Group #4647178 Report a problem
    9/19/2011Listed for sale$1,590,000+229.9%$395/sqft
    Source: Realty One Group #4647178 Report a problem
    11/5/2003Sold$482,000$120/sqft
    Source: ARMLS #2030389 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,257 +4.6%$264,270 +2.6%
    2024$17,451 -1.6%$257,545 +112.1%
    2023$17,733 +4.7%$121,453 -24%
    2022$16,931 -3.1%$159,794 -2.6%
    2021$17,467 +0.8%$164,043 -0.2%
    2020$17,321 +1.7%$164,439 +6.1%
    2019$17,025 $154,923 +7746050%
    2018$17,025 +2.4%$2 -100%
    2017$16,629 +1056.2%$115,220 +620.1%
    2016$1,438 +5.7%$16,000 +43.4%
    2015$1,361 $11,160 +26.1%
    2014-- $8,850 +27.3%
    2012-- $6,950 -88.7%
    2010-- $61,499 +258.9%
    2007-- $17,135 -9.5%
    2006-- $18,936
    2005-- $18,936 +29.1%
    2004-- $14,668

    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Faith North
    • Middle: Phoenix Prep
    • High: Phoenix Union Bioscience
    • District: 210 - Phoenix Union High School District

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,249,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,249,000