NOT LISTED FOR SALE

Estimated Value: $692,581

-- Bed
-- Bath
2,424 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $635,000 $262 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,211/month

157 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2023

Commercial Frontage on a Main Street, excellent exposure, 2424 sf Building parking on the back, Phoenix Miracle Mile, surrounded by the Opportunity Zone, Colorado Neighborhood Conservation Plan, Brent Hood History District, close to I-10 & 51 FWs, block away of the Banner University Medical Center, five minutes to Down Town. Buy this for 1% Rate, Program available.

Last Listed By

Miguel Alvarez

Equity Realty Group, LLC License #SA527287000 Listed on: 11/07/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1956

Lot Details

  • 7,575 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • 2,424 Sq Ft Home
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Vinyl

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 116-13-002

Property Details

Property Type

Other

Est. Annual Taxes

$4,617

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 16TH ST & MCDOWELL RD
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2021
  • Directions: GO EAST ON MCDOWELL RD, PROPERTY ON THE SOUTH SIDE.
  • Lot Size Acres: 0.17
  • Structure Type: Other (See Remarks), Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl, Concrete
  • Living Area: 2424.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Private
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 7575.0
  • Parcel #: 116-13-002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4617.0
  • Tax Book Number: 116.00
  • Tax Lot: 2
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 29, 2023
Sold by
Barca Investments Llc
Bought by
Inferno Ink Llc
Seller's Agent
Miguel Alvarez
Equity Realty Group, LLC
Buyer's Agent
Miguel Alvarez
Avenue Home Realty
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Total Days on Market
157
Views
60
Current Estimated Value
$692,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,581
Avg. Annual Appreciation
6.88%
Original Mortgage
$373,500
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Mosqueda Maria Arroyo
Bought by
Barca Investments Llc

Purchase Details

Listed on
Apr 6, 2013
Closed on
May 9, 2013
Sold by
Preciado Cirilo and The Irma Valle Trust
Bought by
Mosqueda Maria Arroyo
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Nicholas Estrada
4 U Realty Plus
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$82,500
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2012
Sold by
Rojas Miguel
Bought by
Preciado Cirilo and Irma Yolanda Valle Trust

Purchase Details

Closed on
Sep 12, 2011
Sold by
Preciado Cirilo and Estate Of Irma Yolanda Valle
Bought by
Rojas Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 1999
Sold by
Povinelli Eugene F and Povinelli Rosemary
Bought by
Valle Irma Y

Purchase Details

Closed on
Jul 10, 1997
Sold by
Povinelli Eugene F and Povinelli Rosemary
Bought by
Povinelli Eugene F and Povinelli Rosemary

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
Inferno Ink Llc $640,000 Lawyers Title Of Arizona
Barca Investments Llc -- None Available
Mosqueda Maria Arroyo $110,000 American Title Service Agenc
Preciado Cirilo -- Pioneer Title Agency
Rojas Miguel $125,000 Pioneer Title Agency Inc
Valle Irma Y $105,000 Grand Canyon Title Agency In
Povinelli Eugene F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inferno Ink Llc $269,000
Closed Inferno Ink Llc $373,500
Closed Inferno Ink Llc $260,101
Previous Owner Barca Investments Llc $1,429,900
Previous Owner Barca Investments Llc $85,000
Previous Owner Mosqueda Maria Arroyo $82,500
Previous Owner Rojas Miguel $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $635,000 -5.9% $262 / Sq Ft
11/07/2023 11/07/23 Price Changed $675,000 0.0% $278 / Sq Ft
09/29/2023 09/29/23 Off Market $675,000 -- --
08/06/2023 08/06/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $675,000 +513.6% $278 / Sq Ft
06/07/2013 06/07/13 Sold $110,000 -12.0% $45 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $125,000 -- $52 / 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 $4,465 $32,373 -- --
2024 $4,555 $31,795 -- --
2023 $4,555 $49,113 $28,645 $20,468
2022 $4,523 $37,643 $18,813 $18,830
2021 $4,617 $38,250 $19,350 $18,900
2020 $4,670 $36,666 $17,964 $18,702
2019 $4,662 $31,374 $13,626 $17,748
2018 $4,583 $30,564 $12,618 $17,946
2017 $4,476 $28,602 $13,140 $15,462
2016 $4,348 $26,226 $12,294 $13,932
2015 $4,135 $23,255 $12,266 $10,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6526926

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-13-002