Seller's Agent in 2020
Jason Penrose
eXp Realty
(480) 906-4601
1 in this area
653 Total Sales
1538 W Mcdowell Rd Phoenix, AZ 85007
Encanto-Palmcroft NeighborhoodEstimated Value: $739,000 - $1,130,000
6
Beds
--
Bath
3,081
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Air
- Heat Pump System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of March 2020WOW!!! What an amazing find in a historic district. All brick and on Mcdowell for good rental exposure. There are two 2 bedroom 1 bath units and two 1 bedroom 1 bath units. This is a great value add opportunity. All facts and figuers are approximate buyer verify MLS info. Drive by only!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,716
Year Built
- Built in 1952
Lot Details
- 6,273
Home Design
- Brick Exterior Construction
- Tile Roof
Flooring
- Wood
- Vinyl
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Common or Shared Parking
Utilities
- Central Air
- Heat Pump System
Additional Features
- Ceiling Fan
- Property fronts an alley
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 95 / 7
- Assessor Parcel Number 111-07-124
Community Details
Overview
- 4 Units
- Building Dimensions are 0
- Fairview Place Blks 5 8 Subdivision
Building Details
- Operating Expense $6,516
- Gross Income $33,630
- Net Operating Income $27,114
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
Closed on
Jan 20, 2022
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 15, 2019
Closed on
Feb 26, 2020
Sold by
Bought by
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Chad Barber
Fenix CRE
List Price
$495,500
Sold Price
$442,000
Premium/Discount to List
-$53,500
-10.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$519,830
Interest Rate
0.036%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 22, 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
$260,000
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 16, 2002
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
$157,500
Interest Rate
0.0609%
Purchase Details
Closed on
Mar 14, 2002
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
$105,000
Interest Rate
0.0699%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 11, 2002
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
$105,000
Interest Rate
0.0699%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Life Planning Inc | ||
| $442,000 | Commonwealth Title | ||
| $340,000 | Lawyers Title Ins | ||
| -- | Security Title Agency | ||
| -- | Security Title Agency | ||
| -- | -- | ||
| $140,000 | Security Title Agency | ||
| -- | First American Title |
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 |
|---|---|---|---|
| Closed | $519,830 | ||
| Closed | $260,000 | ||
| Closed | $157,500 | ||
| Closed | $105,000 |
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 |
|---|---|---|---|---|
| 03/02/2020 03/02/20 | Sold | $442,000 | -3.9% | $143 / Sq Ft |
| 02/09/2020 02/09/20 | Pending | -- | -- | -- |
| 02/05/2020 02/05/20 | Price Changed | $459,900 | -7.2% | $149 / Sq Ft |
| 02/03/2020 02/03/20 | For Sale | $495,500 | 0.0% | $161 / Sq Ft |
| 01/27/2020 01/27/20 | Pending | -- | -- | -- |
| 01/20/2020 01/20/20 | For Sale | $495,500 | 0.0% | $161 / Sq Ft |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- |
| 11/16/2019 11/16/19 | For Sale | $495,500 | +12.1% | $161 / Sq Ft |
| 11/16/2019 11/16/19 | Off Market | $442,000 | -- | -- |
| 11/15/2019 11/15/19 | For Sale | $495,500 | -- | $161 / 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 | $1,904 | $13,401 | -- | -- |
| 2024 | $1,775 | $12,762 | -- | -- |
| 2023 | $1,775 | $50,560 | $10,110 | $40,450 |
| 2022 | $1,712 | $47,780 | $9,550 | $38,230 |
| 2021 | $1,699 | $39,560 | $7,910 | $31,650 |
| 2020 | $1,718 | $32,680 | $6,530 | $26,150 |
| 2019 | $1,716 | $26,770 | $5,350 | $21,420 |
| 2018 | $1,686 | $20,280 | $4,050 | $16,230 |
| 2017 | $1,647 | $18,720 | $3,740 | $14,980 |
| 2016 | $1,600 | $15,150 | $3,030 | $12,120 |
| 2015 | $1,480 | $12,550 | $2,510 | $10,040 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Penrose
-
Chad Barber
Buyer's Agent in 2020
Chad Barber
Fenix CRE
(602) 332-1768
1 in this area
11 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6005469
APN: 111-07-124
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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