NOT LISTED FOR SALE

1626 W Mcdowell Rd Phoenix, AZ 85007

Estimated Value: $412,324 - $790,000

-- Bed
-- Bath
2,496 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 12, 2015

Last sale price $200,000 $80 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $3,637/month

4 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Individual Controls for Heating
  • Maie Bartlett Heard Elementary School Rated 9+
  • Ceiling Fan

About This Home

As of October 2015

Historic District with historic charm. Red brick. Units are clean and good condition. All units rented with low vacancy factor for about 5 years. Seller may carry with the right conditions. Tenants' Rights. Tenant Occupied. Do Not Disturb Tenants in any way. View by Appointment Only during Inspection Period.

Last Agent to Sell the Property

Lucy Turner

Stonecreek Realty, LLC License #BR034783000 Listed on: 08/28/2015

Last Buyer's Agent

Anne Thorne

HomeSmart License #SA641869000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1946

Lot Details

  • 6,273

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 101
  • Assessor Parcel Number 111-07-077

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6250 sf approx. 118.44 ft x 50.44 ft approx.
  • Fairview Place Blks 5 8 Subdivision

Building Details

  • Gross Income $20,787,600
  • Net Operating Income $11,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 17th Avenue & McDowell Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Res
  • Number Of Buildings: 1
  • Year Built: 1946
  • Tax Year: 2014
  • Directions: North east corner of 17th Av & McDowell
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: FAIRVIEW PLACE BLKS 5-8
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition, Tile

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 840.0
  • Annual Water Sewer Expense: 2460.0

Lot Info

  • Lot Size: 6250 sf approx. 118.44 ft x 50.44 ft approx.
  • Additional Parcels: No
  • Parcel #: 111-07-077

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 20787600.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 11080.0
  • Vacancy Allowance Rate: 1020.0

Tax Info

  • Tax Annual Amount: 1273.0
  • Tax Book Number: 111.00
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2016
Sold by
Jeffries Bryan N and Jeffries Lynn Darie
Bought by
1626 West Mcdowell Road Llc
Total Days on Market
4
Current Estimated Value
$661,331

Purchase Details

Listed on
Aug 28, 2015
Closed on
Sep 22, 2015
Sold by
Hokulia Holdings Llc
Bought by
Jeffries Bryan N and Jeffries Lynn Marie
Seller's Agent
Lucy Turner
Stonecreek Realty, LLC
Buyer's Agent
Anne Thorne
HomeSmart
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$140,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Andrade Michael
Bought by
Hokulia Holdings Llc

Purchase Details

Closed on
Jun 2, 2009
Sold by
Us Bank National Association
Bought by
Andrade Michael

Purchase Details

Closed on
Apr 3, 2009
Sold by
Brinkman Bradford C and Brinkman Jessica M
Bought by
Us Bank Na and Libor Series 2006 1

Purchase Details

Closed on
Jun 23, 2006
Sold by
Brinkman Bradford C and Brinkman Jessica M
Bought by
Arizona Sadhana Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Davis Wesley Roland
Bought by
Brinkman Bradford C and Brinkman Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Davis Colleen J
Bought by
Davis Wesley Roland

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
2.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 23, 2005
Sold by
Rodriguez Carlos D
Bought by
Davis Wesley Roland

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
2.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2003
Sold by
Cambron Mary Ann
Bought by
Rodruguez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1994
Sold by
Cambron Mary Ann and Logan Mary Ann
Bought by
Mccoy Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.99%

Purchase Details

Closed on
Sep 6, 1994
Sold by
Mccoy Jacquelyn
Bought by
Cambron Bennie R and Cambron Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9.99%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
1626 West Mcdowell Road Llc -- None Available
Jeffries Bryan N $200,000 First Arizona Title Agency
Hokulia Holdings Llc -- None Available
Andrade Michael -- Fidelity Natl Title Ins Co
Andrade Michael $100,000 Fidelity Natl Title Ins Co
Us Bank Na $97,750 Servicelink
Arizona Sadhana Llc -- None Available
Brinkman Bradford C $350,000 Security Title Agency Inc
Davis Wesley Roland -- Security Title Agency Inc
Davis Wesley Roland $250,000 Security Title Agency Inc
Rodruguez Carlos $150,000 Chicago Title Insurance Co
Mccoy Jacquelyn -- Chicago Title Insurance Co
Cambron Bennie R -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1626 West Mcdowell Road Llc $192,480
Closed 1626 West Mcdowell Road Llc $0
Closed 1626 West Mcdowell Road Llc $200,000
Closed 1626 West Mcdowell Road Llc $245,000
Closed 1626 West Mcdowell Road Llc $195,000
Closed 1626 West Mcdowell Road Llc $205,000
Previous Owner Jeffries Bryan N $140,000
Previous Owner Brinkman Bradford C $280,000
Previous Owner Davis Wesley Roland $225,000
Previous Owner Rodruguez Carlos $135,000
Previous Owner Cambron Bennie R $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2015 10/12/15 Sold $200,000 0.0% $80 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $200,000 0.0% $80 / Sq Ft
10/01/2012 10/01/12 Rented $395 0.0% --
09/30/2012 09/30/12 Under Contract -- -- --
09/01/2012 09/01/12 For Rent $395 0.0% --
05/23/2012 05/23/12 Rented $395 0.0% --
05/23/2012 05/23/12 Under Contract -- -- --
04/22/2012 04/22/12 For Rent $395 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,539 $11,511 -- --
2024 $1,524 $10,962 -- --
2023 $1,524 $43,470 $8,690 $34,780
2022 $1,470 $41,310 $8,260 $33,050
2021 $1,459 $34,420 $6,880 $27,540
2020 $1,476 $28,230 $5,640 $22,590
2019 $1,474 $22,900 $4,580 $18,320
2018 $1,448 $17,380 $3,470 $13,910
2017 $1,415 $16,100 $3,220 $12,880
2016 $1,374 $13,730 $2,740 $10,990
2015 $1,272 $11,910 $2,380 $9,530
Source: Public Records

Agents Affiliated with this Home

  • Lucy Turner

    Seller's Agent in 2015

    Lucy Turner

    Stonecreek Realty, LLC

    (602) 570-4080

    2 Total Sales

    Lucy Turner
    Section Image
  • Anne Thorne

    Buyer's Agent in 2015

    Anne Thorne

    HomeSmart

    (602) 821-1979

    Section Image
  • Laura Doyle

    Seller Co-Listing Agent in 2012

    Laura Doyle

    Stonecreek Realty, LLC

    Section Image
  • Irais Baltazar Sandoval

    Buyer's Agent in 2012

    Irais Baltazar Sandoval

    R Nations Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5326458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-07-077

Arizona Maricopa County Phoenix 85007

1626 W Mcdowell Rd, Phoenix, AZ

This home is located at 1626 W Mcdowell Rd, Phoenix, AZ 85007 since 28 August 2015 and is currently estimated at $661,331, approximately $264 per square foot. This property was built in 1946. 1626 W Mcdowell Rd is a home located in Maricopa County with nearby schools including Maie Bartlett Heard 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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