NOT LISTED FOR SALE

1837 E Mcdowell Rd Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $666,296

Studio
-- Bath
2,424 Sq Ft
$275/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2023

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

Est. 5% increase in value since last sale

Current estimated payment $3,978 / mo

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 Agent to Sell the Property

Miguel Alvarez

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

Last Buyer's Agent

Miguel Alvarez

Avenue Home Realty License #SA527287000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1956

Lot Details

  • 7,575 Sq Ft Lot
  • 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

7,575 Sq Ft Lot

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
  • Lot Size Acres: 0.17
  • Structure Type: Other (See Remarks), Commercial, Office
  • Water Source City Franchise: Yes
  • 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
  • Parking Features Private Parking: Yes

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

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

Listed on
Nov 7, 2023
Closed on
Dec 29, 2023
Sold by
Bought by
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%
Views
16
Current Estimated Value
$666,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,296
Avg. Annual Appreciation
1.98%
Original Mortgage
$373,500
Outstanding Balance
$367,546
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$298,750

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bought by

Purchase Details

Listed on
Apr 6, 2013
Closed on
May 9, 2013
Sold by
Bought by
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
14.89%
Original Mortgage
$82,500
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2011
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
$90,000
Interest Rate
4.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$640,000 Lawyers Title Of Arizona
-- None Available
$110,000 American Title Service Agenc
-- Pioneer Title Agency
$125,000 Pioneer Title Agency Inc
$105,000 Grand Canyon Title Agency In
-- --
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
Open $373,500
Closed $260,101
Previous Owner $82,500
Previous Owner $90,000
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 Prior Sale
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 View Prior Sale
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

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 $4,599 $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

  • M

    Seller's Agent in 2023

    Miguel Alvarez

    Equity Realty Group, LLC

  • Don Mortensen

    Seller's Agent in 2013

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    117 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2013

    Nicholas Estrada

    4 U Realty Plus

    (602) 489-8888

    8 in this area

    199 Total Sales

    Nicholas Estrada
    Section Image
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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

Arizona Maricopa County Phoenix 85006 Central City

1837 E Mcdowell Rd, Phoenix, AZ

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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