NOT LISTED FOR SALE

1708 E Mcdowell Rd Phoenix, AZ 85006

-- Bed
-- Bath
6,170 Sq Ft
7,073 Sq Ft Lot

Last Sold October 24, 2014

Last sale price $260,000 $42 Per Sq Ft

161 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A

About This Home

As of October 2014

MASSIVE PRICE DROP!!!! 6100+ SqFt of Retail Space right on the McDowell Mile. This C-2 Retail space has 4 units, two that are currently leased. Seller currently occupies the largest unit. Located right in the heart of everything, this space is a fantastic location, good traffic counts and sidewalk traffic. Seller will consider seller finance.

Last Agent to Sell the Property

Doug Groppenbacher, CCIM

AZRC Realty, LLC License #BR005471000 Listed on: 05/02/2014

Co-Listed By

Bryan McCoy

RE/MAX Alliance Group License #SA573514000

RE/MAX Alliance Group

Last Buyer's Agent

Bryan McCoy

RE/MAX Alliance Group License #SA573514000

RE/MAX Alliance Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1949

Lot Details

  • 7,073 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned C-2

Home Design

  • 6,170 Sq Ft Home
  • Brick Exterior Construction
  • Built-Up Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • 2 Covered Spaces
  • Free Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Mcdowell Mile Subdivision
  • Operating Expense $5,902

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 117-16-064

Property Details

Property Type

Other

Est. Annual Taxes

$5,902

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: McDowell Road & 17th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2013
  • Directions: Head East on McDowell, building is on North side of Road.
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: jedi01
  • Co List Office Phone: 480-497-2121
  • Subdivision Name: McDowell Mile
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 6170.0

Exterior Features

  • Fencing: Partial
  • Disclosures: None
  • Construction Type: Brick
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 7073.0
  • Parcel #: 117-16-064
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5902.0

Tax Info

  • Tax Annual Amount: 5902.0
  • Tax Book Number: 117.00
  • Tax Lot: 4
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2017
Sold by
Ramirez Orlando and Onej Llc
Bought by
1708 Mcdowell Plaza Llc
Total Days on Market
161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,748
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 2, 2014
Closed on
Oct 30, 2014
Sold by
Gniot Chris Leigh and Chris Leigh Gniot Trust
Bought by
Ramirez Orlando
Seller's Agent
Doug Groppenbacher, CCIM
AZRC Realty, LLC
Buyer's Agent
Bryan McCoy
RE/MAX Alliance Group
List Price
$370,140
Sold Price
$260,000
Premium/Discount to List
-$110,140
-29.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 2001
Sold by
Occhino Jeanne S
Bought by
Mcclendon Trust #1002

Purchase Details

Closed on
Apr 11, 1996
Sold by
Dong Jean W
Bought by
Gniot Chris L and Gniot Jesus E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.41%
Mortgage Type
Seller Take Back
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
1708 Mcdowell Plaza Llc -- Driggs Title Agency Inc
Ramirez Orlando $260,000 Chicago Title Agency Inc
Gniot Chris L $120,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1708 Mcdowell Plaza Llc $470,000
Closed 1708 Mcdowell Plaza Llc $325,000
Closed 1708 Mcdowell Plaza Llc $278,748
Previous Owner Ramirez Orlando $220,000
Previous Owner Gniot Chris L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $260,000 -29.8% $42 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $370,140 -- $60 / Sq Ft
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 $4,256 $31,744 -- --
2024 $4,334 $31,177 -- --
2023 $4,334 $52,853 $8,483 $44,370
2022 $4,286 $46,463 $5,635 $40,828
2021 $4,516 $46,566 $5,796 $40,770
2020 $4,406 $46,746 $5,364 $41,382
2019 $4,376 $43,308 $4,032 $39,276
2018 $4,286 $42,750 $3,726 $39,024
2017 $4,120 $42,336 $3,888 $38,448
2016 $3,960 $38,664 $3,618 $35,046
2015 $3,787 $23,865 $3,626 $20,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5109065

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-16-064