John Galaviz
Responds Quickly
eXp Realty
(623) 600-7993
122 Total Sales
4 in Central City
$331K - $1.3M Price Range
2225 E Mcdowell Rd Phoenix, AZ 85006
Central City Neighborhood
Studio
--
Baths
7,000
Sq Ft
0.69
Acre Lot
Highlights
- Gated Community
- 0.69 Acre Lot
- Ceiling height between 10 to 12 feet
- Phoenix Coding Academy Rated A
- Community Kitchen
- Display Windows
About This Home
As of June 2020Located within Designated Opportunity Zone! 7,000 sq ft block construction building on a 30,000 sq ft lot. Includes, C-2, P-1 and R-3 Multi-Family zoning on rectangular lot. Large industrial/warehouse showroom flex space (estimated at 4,900 sq ft) includes rehabbed concrete floors, new 600 Amp electric service, updated plumbing, new roof, new HVAC, fire sprinklers to code and updated fire suppression system. ''Front of house (retail/office space) interior space includes modern conference room, multiple office spaces, bathrooms and kitchen/break room, totaling an estimated 2,100 sq ft. Lot site includes paved public parking, paved gated parking, 4 large storage containers, including a custom, insulated container with large roll-up doors, and has access to/from McDowell and Brill Stree
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
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Property Details
Property Type
- Other
Est. Annual Taxes
- $12,211
Year Built
- Built in 1958
Lot Details
- 30,000 Sq Ft Lot
- Security Fence
- Property is zoned C-2, P-1, R-3
Home Design
- Foam Roof
- Block Exterior
Interior Spaces
- 7,000 Sq Ft Home
- 1-Story Property
- Ceiling height between 10 to 12 feet
- Display Windows
Home Security
- Alarm System
- Security Lights
- Security Gate
- Fire Sprinkler System
Parking
- 25 Parking Spaces
- Paved Parking
- 25 Open Parking Spaces
Utilities
- Zoned Heating and Cooling System
- Air Source Heat Pump
- Three-Phase Power
- Master Meter
- 220 Volts
- 200+ Amp Service
- Natural Gas Not Available
- Master Water Meter
Additional Features
- ENERGY STAR Qualified Equipment
- Outdoor Storage
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 116-05-141-A
Community Details
Amenities
- Community Kitchen
- Meeting Room
- Showroom
- Private Restrooms
Building Details
- Operating Expense $41,358
- Gross Income $7,200
Security
- Gated Community
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
Jun 17, 2020
Closed on
Jun 10, 2020
Sold by
Marill Moore Studios Lllc
Bought by
Seller's Agent
Luis Solis
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,510,000
Outstanding Balance
$2,180,151
Interest Rate
3.2%
Mortgage Type
Small Business Administration
Purchase Details
Closed on
Aug 2, 2016
Sold by
2225 Mcdowell Llc
Bought by
Marill Moore Studios Llc
Purchase Details
Closed on
Mar 1, 2011
Sold by
Gerstner Robert L and Gerstner Jean M
Bought by
2225 Mcdowell Llc
Purchase Details
Closed on
Oct 5, 1999
Sold by
Scarf Irwin and Scarf Gloria
Bought by
Gerstner Robert and Gerstner Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.97%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
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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 |
|---|---|---|---|
| $1,400,000 | Clear Title Agency Of Az | ||
| Marill Moore Studios Llc | $560,000 | Great American Title Agency | |
| 2225 Mcdowell Llc | -- | None Available | |
| Gerstner Robert | $270,000 | Fidelity Title |
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 | $2,510,000 | ||
| Previous Owner | Gerstner Robert | $216,000 |
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 |
|---|---|---|---|---|
| 06/17/2020 06/17/20 | Sold | $1,400,000 | -6.7% | $200 / Sq Ft |
| 06/17/2020 06/17/20 | Price Changed | $1,500,000 | 0.0% | $214 / Sq Ft |
| 05/06/2020 05/06/20 | Price Changed | $1,500,000 | 0.0% | $214 / Sq Ft |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- |
| 12/06/2019 12/06/19 | For Sale | $1,500,000 | -- | $214 / 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 | $11,966 | $88,591 | ||
| 2024 | $12,096 | $87,009 | ||
| 2023 | $12,096 | $162,112 | $91,630 | $70,482 |
| 2022 | $11,963 | $122,466 | $59,658 | $62,808 |
| 2021 | $12,605 | $114,786 | $54,954 | $59,832 |
| 2020 | $12,298 | $110,844 | $49,914 | $60,930 |
| 2019 | $12,211 | $93,330 | $26,892 | $66,438 |
| 2018 | $11,960 | $62,766 | $34,812 | $27,954 |
| 2017 | $10,795 | $65,610 | $36,270 | $29,340 |
| 2016 | $10,377 | $60,318 | $33,894 | $26,424 |
| 2015 | $10,369 | $61,698 | $40,848 | $20,850 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Solis
Seller's Agent in 2020
Luis Solis
HomeSmart
(602) 230-7600
2 in this area
79 Total Sales
-
N
Buyer's Agent in 2020
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6012010
APN: 116-05-141A
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.
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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