NOT LISTED FOR SALE
Studio
-- Bath
7,200 Sq Ft
0.6 Acres

Last Sold October 31, 2017

Last sale price $580,000 $81 Per Sq Ft

366 Days on Market

Highlights

  • 0.6 Acre Lot
  • Central Air
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Concrete Flooring
  • Heating Available

About This Home

As of October 2017

C-2 ZONED WAREHOUSE FOR SALE OR LEASE! Retail property most recently used as a warehouse. Billboard scheduled to be removed in December. Great visibility from SR 51. Approximately 258 feet of McDowell Road frontage with good parking. Over 165,000 vehicles pass daily via SR 51 and 33,435 via McDowell Road. On 0.6 acres.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 06/30/2016

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 06/30/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,516

Year Built

  • Built in 1965

Lot Details

  • 0.6 Acre Lot
  • Partially Fenced Property
  • Additional Parcels
  • Property is zoned C-2

Home Design

  • Block Exterior

Interior Spaces

  • 7,200 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Mcdowell Manors Annex Subdivision
  • Operating Expense $9,516

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 117-13-134-D

Property Details

Property Type

Other

Est. Annual Taxes

$9,516

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: NWC E. McDowell Road and N. 20th Street.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Mixed Use, Retail, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1965
  • Tax Year: 2016
  • Lot Size Acres: 0.6
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: McDowell Manors Annex
  • Structure Type: Commercial
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 26060.0
  • Additional Parcels: Yes
  • Parcel #: 117-13-134-D
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 9516.4
  • Leasable Area: 7200.0

Tax Info

  • Tax Annual Amount: 9516.4
  • Tax Book Number: 117.00
  • Tax Lot: 6
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Oct 24, 2017
Sold by
Jtr 1938 Llc
Bought by
Luciano Llc
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Genovese
Avison Young
List Price
$675,000
Sold Price
$580,000
Premium/Discount to List
-$95,000
-14.07%

Purchase Details

Closed on
Nov 15, 2007
Sold by
1922 E Mcdowell Llc
Bought by
Jtr 1938 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2005
Sold by
Brayer Gay and Brayer Family Trust
Bought by
1922 E Mcdowell Llc

Purchase Details

Closed on
Aug 15, 2000
Sold by
Yow Yee John M and Yow Yee Hong
Bought by
Brayer I W and Brayer Gay
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
Luciano Llc $580,000 First American Title Insuran
Jtr 1938 Llc $710,000 Fidelity National Title
1922 E Mcdowell Llc $352,600 --
Brayer I W $700,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jtr 1938 Llc $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $580,000 -14.1% $81 / Sq Ft
06/30/2016 06/30/16 For Sale $675,000 -- $94 / 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
2021 $9,178 $100,674 $46,980 $53,694
2020 -- $98,478 $44,172 $54,306
2019 -- $82,314 $30,744 $51,570
2018 -- $79,596 $28,458 $51,138
2017 -- $72,468 $29,646 $42,822
2016 -- $67,392 $27,702 $39,690
2015 -- $46,935 $27,621 $19,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5464349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-13-134D