NOT LISTED FOR SALE

Estimated Value: $989,635

Studio
1 Bath
2,015 Sq Ft
$491/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $860,000 $427 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,682/month

500 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating unit installed on the ceiling
  • Phoenix Coding Academy Rated A

About This Home

As of November 2023

C2 zoned ''Miracle Mile on McDowell'' Commercial Building located at the corner of McDowell Rd. & 19th St., currently operating as a restaurant space with endless business opportunities! The building is perfectly situated on the lot to maximize all of the lot square footage. Parking in the rear with access from the side. Building is incredibly well maintained with an owner-operated business. Area is well established with heavy foot and auto traffic. Located blocks from hospital and medical facilities, less than a quarter mile away from SR-51 & half mile from i10. Ingress and Egress is a breeze with a designated turning lane on McDowell & 19th St.

Last Agent to Sell the Property

Alexander Rodenburg

My Home Group Real Estate License #SA679002000 Listed on: 11/04/2023

My Home Group Real Estate

Co-Listed By

Jay Rodenburg

My Home Group Real Estate License #SA630522000

Last Buyer's Agent

Mariela Elenes

EMG Real Estate License #SA691160000

EMG Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,115

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence
  • Property is zoned C2

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 2,015 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Community Details

  • Wright Davis Tract Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 116-13-138-A

Property Details

Property Type

Other

Est. Annual Taxes

$6,115

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: 19th St. & McDowell Rd.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2021
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: WRIGHT DAVIS TRACT
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2015.0

Exterior Features

  • Fencing: Block
  • Disclosures: Other (See Remarks), None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking Features Paved Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 11308.0
  • Parcel #: 116-13-138-A

Tax Info

  • Tax Annual Amount: 6115.0
  • Tax Book Number: 116.00
  • Tax Lot: 21
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Nov 13, 2023
Sold by
Padilla Giselle
Bought by
La Mama Del Cantante Llc
Seller's Agent
Alexander Rodenburg
My Home Group Real Estate
Buyer's Agent
Mariela Elenes
EMG Real Estate
List Price
$1,290,000
Sold Price
$860,000
Premium/Discount to List
-$430,000
-33.33%
Views
16
Current Estimated Value
$989,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,635
Avg. Annual Appreciation
1.53%
Original Mortgage
$460,000
Outstanding Balance
$451,679
Interest Rate
7.31%
Mortgage Type
Seller Take Back
Estimated Equity
$437,105

Purchase Details

Closed on
Mar 30, 2021
Sold by
Irma Yolanda Valle Trust
Bought by
Padilla Giselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Preciado Cirilo
Bought by
Preciado Cirilo and Irma Yolanda Valle Trust
Source: Public Records
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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
La Mama Del Cantante Llc $860,000 Security Title Agency
Padilla Giselle -- First American Title
Preciado Cirilo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Mama Del Cantante Llc $460,000
Closed La Mama Del Cantante Llc $100,000
Previous Owner Padilla Giselle $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $860,000 -11.8% $427 / Sq Ft
11/04/2023 11/04/23 Price Changed $974,800 0.0% $484 / Sq Ft
10/31/2023 10/31/23 Price Changed $974,800 0.0% $484 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/18/2023 10/18/23 Pending -- -- --
09/29/2023 09/29/23 Off Market $974,800 -- --
06/13/2023 06/13/23 Price Changed $974,800 -2.4% $484 / Sq Ft
01/04/2023 01/04/23 Price Changed $999,000 -22.6% $496 / Sq Ft
06/09/2022 06/09/22 For Sale $1,290,000 -- $640 / 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 $6,091 $42,882 -- --
2024 $6,034 $42,116 -- --
2023 $6,034 $64,651 $40,324 $24,327
2022 $5,991 $49,210 $26,845 $22,365
2021 $6,115 $50,166 $27,612 $22,554
2020 $6,186 $47,826 $25,524 $22,302
2019 $6,176 $40,608 $19,548 $21,060
2018 $6,071 $38,610 $18,108 $20,502
2017 $5,929 $38,808 $18,864 $19,944
2016 $5,759 $35,640 $17,622 $18,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6429271

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-13-138A