Seller's Agent in 2024
Edward Green
Better Homes & Gardens Real Estate SJ Fowler
(480) 440-7757
1 in this area
39 Total Sales
124 W Mcdowell Rd Phoenix, AZ 85003
Willo NeighborhoodEstimated Value: $988,395
Studio
--
Bath
6,391
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- 0.22 Acre Lot
- Community Kitchen
- Cooling Available
- Phoenix Coding Academy Rated A
- Skylights
- Concrete Flooring
About This Home
As of December 2024MOTIVATED SELLER !! SOLD AS-IS !! Midtown Phoenix location, location, location! Mid Century Modern Redevelopment opportunity! Rare free standing Office/Flex/Live- Work Place situated on 9,538sf Commercial Downtown zoned lot! No HOA! Mid-century modern property, designed by iconic architect AL BEADLE, offers a unique opportunity for Investors/Small Business Owners seeking a premium office location with high visibility and accessibility. Boasting 6,390 sf the property offers a versatile layout that can accommodate a variety of business concepts. Floor plan features 8 offices/Bedrooms, full kitchen, covered patio, storage, and media room with one of the largest cyclorama walls in Arizona. Minutes from the heart of downtown Phoenix—one of the fastest-growing areas in the city.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #SA642539000 Listed on: 09/19/2024
Co-Listed By
Jose Vergara
HomeSmart License #SA699724000
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,784
Year Built
- Built in 1968
Lot Details
- 9,538 Sq Ft Lot
- Block Wall Fence
- Chain Link Fence
- Property is zoned C-DT
Home Design
- Foam Roof
- Block Exterior
Interior Spaces
- 6,391 Sq Ft Home
- Skylights
- Concrete Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- 220 Volts
- Master Water Meter
Listing and Financial Details
- Tax Lot 94
- Assessor Parcel Number 118-56-097
Community Details
Amenities
- Community Kitchen
- Meeting Room
Additional Features
- North Chelsea Subdivision
- Operating Expense $5,784
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Dec 11, 2024
Sold by
Mapendo Esperance
Bought by
124 W Mcdowell Rd Llc
Seller's Agent
Edward Green
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jake Crawford
eXp Realty
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,605
Avg. Annual Appreciation
-1.07%
Purchase Details
Listed on
Nov 19, 2022
Closed on
Feb 23, 2023
Sold by
Vermillion Holdings Llc
Bought by
Trinity Extended Family Inc
Seller's Agent
Shawn Beaird
Urban Luxe Real Estate
Buyer's Agent
Jake Crawford
eXp Realty
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.42%
Original Mortgage
$830,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2019
Sold by
Vermillion Daniel A and Vermillion Trust
Bought by
Vermillion Holdings Llc
Purchase Details
Closed on
Jan 18, 2005
Sold by
Vermillion Daniel A
Bought by
Vermillion Daniel A and The Vermillion Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.69%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 15, 1994
Sold by
First Interstate Bank Of Arizona N A
Bought by
Vermillion Daniel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,195
Interest Rate
8.55%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 124 W Mcdowell Rd Llc | $1,000,000 | Pioneer Title Agency | |
| 124 W Mcdowell Rd Llc | $1,000,000 | Pioneer Title Agency | |
| Mapendo Esperance | -- | Pioneer Title Agency | |
| Trinity Extended Family Inc | $1,425,000 | Pioneer Title Services | |
| Vermillion Holdings Llc | -- | None Available | |
| Vermillion Daniel A | -- | Westland Title Agency Of Az | |
| Vermillion Daniel A | $120,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Trinity Extended Family Inc | $830,000 | |
| Previous Owner | Vermillion Daniel A | $225,000 | |
| Previous Owner | Vermillion Daniel A | $163,195 | |
| Closed | Vermillion Daniel A | $78,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $1,000,000 | -16.7% | $156 / Sq Ft | |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- | |
| 09/19/2024 09/19/24 | For Sale | $1,200,000 | -15.8% | $188 / Sq Ft | |
| 02/23/2023 02/23/23 | Sold | $1,425,000 | -4.7% | $223 / Sq Ft | View Prior Sale |
| 11/28/2022 11/28/22 | Pending | -- | -- | -- | |
| 11/18/2022 11/18/22 | For Sale | $1,495,000 | -- | $234 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $5,839 | $41,103 | -- | -- |
| 2024 | $5,784 | $40,369 | -- | -- |
| 2023 | $5,784 | $52,207 | $32,725 | $19,482 |
| 2022 | $5,742 | $54,268 | $10,854 | $43,414 |
| 2021 | $5,862 | $52,668 | $23,526 | $29,142 |
| 2020 | $5,929 | $54,918 | $21,654 | $33,264 |
| 2019 | $5,920 | $42,102 | $14,670 | $27,432 |
| 2018 | $5,819 | $44,982 | $13,572 | $31,410 |
| 2017 | $5,683 | $43,470 | $14,148 | $29,322 |
| 2016 | $5,520 | $40,194 | $13,230 | $26,964 |
| 2015 | $5,250 | $34,762 | $15,781 | $18,981 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Green
-
J
Seller Co-Listing Agent in 2024
Jose Vergara
HomeSmart
-
Jake Crawford
Buyer's Agent in 2024
Jake Crawford
eXp Realty
(855) 235-2667
2 in this area
107 Total Sales
-
S
Seller's Agent in 2023
Shawn Beaird
Urban Luxe Real Estate
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6759704
APN: 118-56-097
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.
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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