1552 W Mcdowell Rd Phoenix, AZ 85007
Encanto Neighborhood
--
Bed
--
Bath
2,160
Sq Ft
6,273
Sq Ft Lot
Highlights
- Cooling Available
- Maie Bartlett Heard Elementary School Rated 9+
- Heating System Uses Natural Gas
About This Home
As of June 2021This multi family has 4 units - two 2 bed 1 bath unit and two 1 bed 1 bath units. 4 uncovered parking spots. Close to Downtown and with low rents make this a great value add project. All units have brand new HVAC's April 2021
Last Agent to Sell the Property
Clear Commercial Advisors License #BR576390000 Listed on: 02/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,357
Year Built
- Built in 1946
Home Design
- Brick Exterior Construction
- Tile Roof
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 101 / 7
- Assessor Parcel Number 111-07-127
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Fairview Place Blks 5 8 Subdivision
Building Details
- Operating Expense $1,357
- Gross Income $42,588
- Net Operating Income $38,732
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2022
Sold by
Bansal and Prachi
Bought by
1552 Mcdowell Llc
Purchase Details
Listed on
Feb 18, 2021
Closed on
Jun 11, 2021
Sold by
Bansal Ojas and Jindal Prachi
Bought by
Bansal Ojas and Malhotra Akshiv
Seller's Agent
Donald Peper
Clear Commercial Advisors
Buyer's Agent
Luis Espinoza
Gile Commercial Real Estate
List Price
$690,000
Sold Price
$640,000
Premium/Discount to List
-$50,000
-7.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 18, 2021
Closed on
Jun 4, 2021
Sold by
V & M Real Estate Llc
Bought by
Bansal Ojas and Jindal Prachi
Seller's Agent
Donald Peper
Clear Commercial Advisors
Buyer's Agent
Luis Espinoza
Gile Commercial Real Estate
List Price
$690,000
Sold Price
$640,000
Premium/Discount to List
-$50,000
-7.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2014
Sold by
Vleet Vincent W Van
Bought by
V & M Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2013
Sold by
Vanfleet Vincent
Bought by
V & M Real Estate Llc
Purchase Details
Closed on
Sep 27, 2010
Sold by
Lopez Jesus F and Lopez Magdalena M
Bought by
Vanvleet Vincent W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
4.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2007
Sold by
Aurora Loan Services Llc
Bought by
Lopez Jesus F and Lopez Magdelana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 11, 2006
Sold by
Le Dominic Hung Thanh
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Dec 19, 2005
Sold by
Filibuster Llc
Bought by
Le Dominic Hung Thanh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,250
Interest Rate
7.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 1, 2005
Sold by
Flyer Marvin
Bought by
Filibuster Llc
Purchase Details
Closed on
May 13, 2005
Sold by
Taken Care Of Investments Llc
Bought by
Flyer Marvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2005
Sold by
Another Day Llc
Bought by
Taken Care Of Investments Llc
Purchase Details
Closed on
Jul 9, 2004
Sold by
Belpedio Albert and Belpedio Louisa
Bought by
Another Day Llc
Purchase Details
Closed on
Jun 28, 2002
Sold by
Rip Llc
Bought by
Belpedio Albert and Belpedio Louisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
6.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2000
Sold by
Taylor Rodney V and Taylor Tracy
Bought by
R I P Llc
Purchase Details
Closed on
Jan 28, 2000
Sold by
Saunders Clifford E
Bought by
Taylor Rodney and Taylor Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7.87%
Mortgage Type
Seller Take Back
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Wfg National Title Ins Co | |
| Warranty Deed | $640,000 | Wfg National Title Ins Co | |
| Warranty Deed | -- | Pioneer Title Agency Inc | |
| Warranty Deed | -- | Pioneer Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $88,000 | Great American Title Agency | |
| Special Warranty Deed | $251,000 | Lsi Title | |
| Trustee Deed | $69,612 | None Available | |
| Warranty Deed | $317,500 | Commonwealth Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $250,000 | Security Title Agency Inc | |
| Warranty Deed | $350,000 | Security Title Agency Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $136,500 | Security Title Agency | |
| Warranty Deed | -- | Transnation Title | |
| Warranty Deed | $98,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $722,810 | Commercial | |
| Previous Owner | $115,500 | New Conventional | |
| Previous Owner | $70,400 | New Conventional | |
| Previous Owner | $37,600 | Credit Line Revolving | |
| Previous Owner | $200,800 | New Conventional | |
| Previous Owner | $222,250 | Unknown | |
| Previous Owner | $222,250 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $109,200 | New Conventional | |
| Previous Owner | $78,400 | Seller Take Back | |
| Closed | $27,300 | No Value Available | |
| Closed | $50,000 | No Value Available | |
| Closed | $63,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Price Changed | $815,000 | -1.2% | -- |
| 03/08/2025 03/08/25 | For Sale | $825,000 | +28.9% | -- |
| 06/11/2021 06/11/21 | Sold | $640,000 | -7.2% | $296 / Sq Ft |
| 06/01/2021 06/01/21 | Price Changed | $690,000 | 0.0% | $319 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $690,000 | 0.0% | $319 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 02/18/2021 02/18/21 | For Sale | $690,000 | -- | $319 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,415 | $10,583 | -- | -- |
| 2024 | $1,402 | $10,079 | -- | -- |
| 2023 | $1,402 | $40,500 | $8,100 | $32,400 |
| 2022 | $1,352 | $38,510 | $7,700 | $30,810 |
| 2021 | $1,341 | $32,250 | $6,450 | $25,800 |
| 2020 | $1,357 | $26,420 | $5,280 | $21,140 |
| 2019 | $1,355 | $21,750 | $4,350 | $17,400 |
| 2018 | $1,332 | $16,700 | $3,340 | $13,360 |
| 2017 | $1,301 | $15,480 | $3,090 | $12,390 |
| 2016 | $1,264 | $12,470 | $2,490 | $9,980 |
| 2015 | $1,169 | $10,070 | $2,010 | $8,060 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Espinoza
Seller's Agent in 2025
Luis Espinoza
Gile Commercial Real Estate
(602) 373-9729
2 in this area
131 Total Sales
-
Donald Peper
D
Seller's Agent in 2021
Donald Peper
Clear Commercial Advisors
(602) 428-0000
3 in this area
8 Total Sales
-
Shane Mackin
Seller Co-Listing Agent in 2021
Shane Mackin
Clear Commercial Advisors
(480) 789-2710
3 in this area
5 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6195841
APN: 111-07-127
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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