NOT LISTED FOR SALE

1301 W Mcdowell Rd Phoenix, AZ 85007

Story Neighborhood
1 Bed
1 Bath
650 Sq Ft
7,405 Sq Ft Lot

Last Sold October 14, 2020

Last sale price $700,000 $1,077 Per Sq Ft

27 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of October 2020

Amazing investment opportunity on a unique midcentury 5 unit in the F.Q. Story District. Very well maintained property with unique solid oak central stairwell allowing access to the units. Balcony access on both sides of the second story. New roof 2020 on upper roof. 3 units recently remodeled. The 2 bedroom unit has successfully been operated as an air bnb in the past. Close to all downtown amenities, College campuses, and easy freeway access.

Last Agent to Sell the Property

Anthony Guerriero

Russ Lyon Sotheby's International Realty License #SA663981000 Listed on: 07/16/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Anthony Guerriero

Russ Lyon Sotheby's International Realty License #SA663981000 Listed on: 07/16/2020

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1950

Lot Details

  • 7,405

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Concrete

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Assigned Parking

Schools

  • Kenilworth Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 1 / 32
  • Assessor Parcel Number 111-19-146

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 7274
  • F Q Story Addition Plat D Subdivision

Building Details

  • Operating Expense $12,274
  • Gross Income $55,290
  • Net Operating Income $45,556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,593

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 13th Ave And Mcdowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Year Built: 1950
  • Tax Year: 2019
  • Directions: Southwest corner of intersection
  • Road Surface Type: Asphalt
  • Subdivision Name: F Q STORY ADDITION PLAT D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: North High School

Lot Info

  • Lot Size: 7274
  • Additional Parcels: No
  • Parcel #: 111-19-146

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 55290.0
  • Insurance Expense: 2031.0
  • Maintenance Expense: 1650.0
  • Property Net Operating Income: 45556.0
  • Annual Operating Expense: 12274.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 3593.0
  • Tax Block: 32
  • Tax Book Number: 111.00
  • Tax Lot: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $700,000 -6.7% $1,077 / Sq Ft
10/01/2020 10/01/20 Price Changed $750,000 0.0% $1,154 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $750,000 +22.0% $1,154 / Sq Ft
09/27/2019 09/27/19 Sold $615,000 -3.1% $946 / Sq Ft
08/16/2019 08/16/19 For Sale $635,000 +18.7% $977 / Sq Ft
06/22/2018 06/22/18 Sold $535,000 0.0% $823 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $535,000 +32.1% $823 / Sq Ft
05/31/2016 05/31/16 Sold $405,000 0.0% $623 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $405,000 -- $623 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anthony Guerriero

    Seller's Agent in 2020

    Anthony Guerriero

    Russ Lyon Sotheby's International Realty

    (480) 544-2466

    2 in this area

    154 Total Sales

    Anthony Guerriero
    Section Image
  • Mike Snitz

    Seller's Agent in 2019

    Mike Snitz

    Realty One Group

    (602) 327-2785

    1 in this area

    126 Total Sales

    Mike Snitz
    Section Image

  • S

    Seller's Agent in 2018

    Sam Ricketts

    Premier Resort Holdings AZ

    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Lee Stubblefield

    Premier Resort Holdings AZ

    Section Image

  • M

    Buyer's Agent in 2018

    Michael Snitz

    eXp Realty

  • L

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6103815

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85007 Story

1301 W Mcdowell Rd, Phoenix, AZ

This home is located at 1301 W Mcdowell Rd, Phoenix, AZ 85007 since 16 July 2020. This property was built in 1950. 1301 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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