NOT LISTED FOR SALE

2305 E Mcdowell Rd Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $319,851

0.6 Acre
$533,085 Price per Acre
26,136 Sq Ft Lot

Last Sold January 30, 2020

Last sale price $300,000

Est. 7% increase in value since last sale

Current estimated payment $1,865/month

87 Days on Market

About This Lot

As of January 2020

Rare Opportunity Zone Infill Property located approximately 1/4 mile from both the Loop 202 and SR 51. Open a business here and take advantage of the tax benefits. Great traffic volume and a good mix of potential customers and other businesses situated nearby. Parcel 116-05-146C also included, but owner willing to sell lots separately. Position your new business, relocation or expansion site here before it's gone.

Last Agent to Sell the Property

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 07/23/2019

Keller Williams Realty East Valley

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,991

Lot Details

  • 0.6 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned C-2, R-3

Schools

  • Excelencia Elementary School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 116-05-146-B

Property Details

Property Type

Land

Est. Annual Taxes

$1,991

Lot Details

0

Listing Details

  • Cross Street: McDowell and 24th Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C-2, R-3
  • Tax Year: 2018
  • Lot Size Acres: 0.6
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial, Office

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Excelencia School

Lot Info

  • Lot Size: 143' x 252'
  • Lot Size Sq Ft: 26267.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 116-05-146-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1990.84
  • Tax Book Number: 116.00
  • Tax Lot: -
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2019
Sold by
Iglesia De Dios Nuevo Amanecer Inc
Bought by
Rivera Jose Antonio and Rodriguez Karely Angelica
Current Estimated Value
$319,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$117,170
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$202,681

Purchase Details

Closed on
Feb 7, 2012
Sold by
Sterling Savings Bank
Bought by
Iglesia De Dios Nuevo Amanecer Inc

Purchase Details

Closed on
May 18, 2005
Sold by
Sk Consultant Llc
Bought by
Bella Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1996
Sold by
Querry Allen Scott and Querry Holly Leigh
Bought by
Edmonton Woodbridge Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rivera Jose Antonio $190,000 Wfg National Title Insurance
Iglesia De Dios Nuevo Amanecer Inc $150,000 Chicago Title Agency Inc
Bella Investment Properties Llc $665,000 Tsa Title Agency
Edmonton Woodbridge Inc $243,370 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jose Antonio $133,000
Previous Owner Bella Investment Properties Llc $566,000
Closed Bella Investment Properties Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $300,000 -17.8% --
09/16/2019 09/16/19 Price Changed $365,000 -8.5% --
07/22/2019 07/22/19 For Sale $399,000 -- --
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 $2,241 $16,590 $16,590 --
2024 $2,132 $15,800 $15,800 --
2023 $2,132 $43,950 $43,950 $0
2022 $2,048 $25,155 $25,155 $0
2021 $2,098 $24,525 $24,525 $0
2020 $2,047 $15,675 $15,675 $0
2019 $2,033 $12,735 $12,735 $0
2018 $1,991 $11,790 $11,790 $0
2017 $0 $12,270 $12,270 $0
2016 $1,972 $11,460 $11,460 $0
2015 $2,259 $17,920 $17,920 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    2 in this area

    31 Total Sales

    Hani Aldulaimi
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5955668

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-05-146B

Arizona Maricopa County Phoenix 85006 Central City

2305 E Mcdowell Rd, Phoenix, AZ

Not Listed for Sale

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

Nearby Homes