NOT LISTED FOR SALE

124 W Mcdowell Rd Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $977,267

Studio
-- Bath
6,391 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2024

Last sale price $1,000,000 $156 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,765 / mo

51 Days on Market

Highlights

  • 0.22 Acre Lot
  • Community Kitchen
  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Skylights
  • Concrete Flooring

About This Home

As of December 2024

MOTIVATED 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

Edward Green

Better Homes & Gardens Real Estate SJ Fowler License #SA642539000 Listed on: 09/19/2024

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Jose Vergara

HomeSmart License #SA699724000

Last Buyer's Agent

Jake Crawford

eXp Realty License #SA646424000

eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 1968

Lot Details

  • 9,538 Sq Ft Lot
  • 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
  • Master Meter
  • 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

Property Details

Property Type

Other

Est. Annual Taxes

$5,784

Year Built

Built in 1968

Lot Details

9,538 Sq Ft Lot

Listing Details

  • Cross Street: Central and McDowell Road
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-DT
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2023
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: cril18
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: NORTH CHELSEA
  • Structure Type: Commercial, Office
  • Electric 220: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 6391.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features Paved Parking: Yes

Utilities

  • Electric: 220 Volts, Master Meter, APS
  • Cooling: Heat Pump, Office A/C
  • Heating: Heat Pump, Electric, Natural Gas
  • Green Building Features: Conference Room, Kitchen, Showers - Office, Skylight(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Lot Info

  • Lot Size Sq Ft: 9538.0
  • Parcel #: 118-56-097

Multi Family

  • Annual Operating Expense: 5784.0

Tax Info

  • Tax Annual Amount: 5784.0
  • Tax Book Number: 118.00
  • Tax Lot: 94
  • Tax Map Number: 56.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Dec 11, 2024
Sold by
Bought by
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
$977,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,733
Avg. Annual Appreciation
-1.55%

Purchase Details

Listed on
Nov 19, 2022
Closed on
Feb 23, 2023
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Jan 18, 2005
Sold by
Bought by

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
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 Pioneer Title Agency
$1,000,000 Pioneer Title Agency
-- Pioneer Title Agency
$1,425,000 Pioneer Title Services
-- None Available
-- Westland Title Agency Of Az
$120,000 United Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $830,000
Previous Owner $225,000
Previous Owner $163,195
Closed $78,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2024

    Edward Green

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 440-7757

    1 in this area

    39 Total Sales

    Edward Green
    Section Image
  • Jose Vergara

    Seller Co-Listing Agent in 2024

    Jose Vergara

    HomeSmart

    (623) 219-6014

    1 in this area

    25 Total Sales

    Jose Vergara
    Section Image
  • Jake Crawford

    Buyer's Agent in 2024

    Jake Crawford

    eXp Realty

    (855) 235-2667

    2 in this area

    106 Total Sales

    Jake Crawford
    Section Image

  • S

    Seller's Agent in 2023

    Shawn Beaird

    Urban Luxe Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6759704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-56-097

Arizona Maricopa County Phoenix 85003 Willo

124 W Mcdowell Rd, Phoenix, AZ

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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