NOT LISTED FOR SALE

1111 W Mcdowell Rd Phoenix, AZ 85007

Story Neighborhood

Estimated Value: $553,780

-- Bed
-- Bath
1,720 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $304,000 $177 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,101/month

12 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Display Windows
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Central Air

About This Home

As of May 2018

Three blocks from I-10 & I-17 access. Remodeled office space with gated, covered parking right in the heart of the Downtown Phoenix business corridor. The property has frontage off McDowell and is in the Historic Encanto-Palmcroft District. This prime location is conveniently located within walking distance to Pei Wei, Starbucks, NYPD Pizza, Five Guys, Chipotle, Zoe's Kitchen and many others. Property features include: three private offices, conference room, modern lighting and fixtures throughout, fireplace, state of the art security system, fully remodeled kitchen and bathrooms, newer commercial grade AC, and a basement for storage. This is the perfect space for your professional firm.

Last Agent to Sell the Property

Raul Ciobanasiu

Century 21 Toma Partners License #SA645830000 Listed on: 03/16/2018

Century 21 Toma Partners

Last Buyer's Agent

Patrick Burch

ABI Multifamily License #BR515118000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 1949

Lot Details

  • 7,450 Sq Ft Lot
  • Property fronts an alley
  • Block Wall Fence
  • Property is zoned R-5

Home Design

  • Tilt Up Walls
  • Tile Roof
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,720 Sq Ft Home
  • Display Windows
  • Basement

Flooring

  • Wood
  • Concrete

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • 6 Covered Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 111-19-124

Community Details

Amenities

  • Community Kitchen
  • Meeting Room

Additional Features

  • Story Addition Plat D Subdivision
  • Operating Expense $1,816
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$1,816

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: 11th Avenue/McDowell
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2017
  • Directions: From McDowell turn south on 11th Ave to the first driveway west. Parking is in the rear of the property.
  • Lot Size Acres: 0.17
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: STORY ADDITION PLAT D
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete
  • Living Area: 1720.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Tilt-Up, Stucco, Block
  • Roof: Composition, Tile
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Paved Parking, Private Parking, Public Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Basement, Conference Room, Kitchen, Showers - Office, Security Gate, Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Security Gate: Yes
  • Amenities:Basement: Yes

Lot Info

  • Lot Size Sq Ft: 7450.0
  • Parcel #: 111-19-124
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1816.0

Tax Info

  • Tax Annual Amount: 1816.0
  • Tax Book Number: 111.00
  • Tax Lot: 3
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 31, 2018
Sold by
Wacky Du Llc
Bought by
Doordie Llc
Seller's Agent
Raul Ciobanasiu
Century 21 Toma Partners
Buyer's Agent
Patrick Burch
ABI Multifamily
List Price
$305,000
Sold Price
$304,000
Premium/Discount to List
-$1,000
-0.33%
Current Estimated Value
$553,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,780
Avg. Annual Appreciation
8.50%
Original Mortgage
$243,200
Outstanding Balance
$147,983
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,797

Purchase Details

Closed on
Jun 12, 2007
Sold by
Bodensee Llc
Bought by
Wacky Du Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,900
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2004
Sold by
Pluto Properties Llc
Bought by
Bodensee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2001
Sold by
Estrada Carlos L and Estrada Darcy D
Bought by
Pluto Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 1994
Sold by
Casa Grande Cotton Finance Company
Bought by
Estrada Carlos L and Estrada Darcy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Doordie Llc $304,000 Commonwealth Land Title Insu
Wacky Du Llc $349,000 Fidelity National Title
Bodensee Llc $205,000 Grand Canyon Title Agency In
Pluto Properties Llc $180,000 Lawyers Title Of Arizona Inc
Estrada Carlos L $125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doordie Llc $243,200
Previous Owner Wacky Du Llc $283,900
Previous Owner Bodensee Llc $220,000
Previous Owner Pluto Properties Llc $144,000
Previous Owner Estrada Carlos L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $304,000 -0.3% $177 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $305,000 -- $177 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,976 $14,773 -- --
2024 $1,956 $14,069 -- --
2023 $1,956 $30,200 $15,590 $14,610
2022 $1,887 $23,740 $10,490 $13,250
2021 $1,873 $23,410 $10,490 $12,920
2020 $1,894 $22,740 $9,690 $13,050
2019 $1,891 $20,490 $7,750 $12,740
2018 $1,859 $19,560 $7,180 $12,380
2017 $1,816 $13,030 $3,250 $9,780
2016 $1,764 $12,530 $3,040 $9,490
2015 $4,091 $22,737 $12,728 $10,009
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Raul Ciobanasiu

    Century 21 Toma Partners

    Section Image
  • Patrick Burch

    Buyer's Agent in 2018

    Patrick Burch

    ABI Multifamily

    (520) 603-1768

    38 Total Sales

    Patrick Burch
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5737844

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-19-124

Arizona Maricopa County Phoenix 85007 Story

1111 W Mcdowell Rd, Phoenix, AZ

This home is located at 1111 W Mcdowell Rd, Phoenix, AZ 85007 since 16 March 2018 and is currently priced at $553,780, approximately $321 per square foot. This property was built in 1949. 1111 W Mcdowell Rd is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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