NOT LISTED FOR SALE

Estimated Value: $329,988

Studio
-- Bath
3,400 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $305,000 $90 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,230/month

27 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of November 2021

Great opportunity for a value-add retail investor or operator looking for versatile space on McDowell. This retail building is comprised
of two suites of approximately 1,700 SF each, but could easily be combined into one larger suite. The current tenants are month to
month, and each could stay or vacate. Both suites benefit from roll up doors with access from the alley, as well as great exposure on
McDowell. The property has easy access to both 202 and 51 Freeways. There is a lot of flexibility here for neighborhood retail, maker
space, or even possible future redevelopment in this up and coming area.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 10/05/2021

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Edward Caro

RE/MAX Desert Showcase License #SA662579000

RE/MAX Desert Showcase

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1950

Lot Details

  • 6,469 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 3,400 Sq Ft Home
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Del Monte Vista Annex Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 121-74-008

Property Details

Property Type

Other

Est. Annual Taxes

$1,962

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: E. McDowell Rd., and N 28th St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2021
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: DEL MONTE VISTA ANNEX
  • Structure Type: Other (See Remarks), Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 3400.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 6469.0
  • Parcel #: 121-74-008

Tax Info

  • Tax Annual Amount: 1962.0
  • Tax Book Number: 121.00
  • Tax Lot: 8
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Price Ivory
Bought by
D & K Legacy Llc
Current Estimated Value
$329,988

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 17, 2021
Sold by
Mcdowell Commerical Real Estate Llc
Bought by
Price Ivory
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Edward Caro
RE/MAX Desert Showcase
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%

Purchase Details

Closed on
Mar 22, 2013
Sold by
Hermerath Rosetta and Hermerath Family Trust
Bought by
Mcdowell Commercial Real Estate Llc

Purchase Details

Closed on
Jun 26, 1996
Sold by
Hermerath Gunter and Hermerath Rosetta
Bought by
Hermerath Gunter and Hermerath Rosetta
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
Price Ivory $305,000 Empire Title Agency
Mcdowell Commercial Real Estate Llc -- None Available
Hermerath Gunter -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $305,000 +1.7% $90 / Sq Ft
10/05/2021 10/05/21 For Sale $300,000 -- $88 / 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 $6,056 $44,839 -- --
2024 $1,882 $44,038 -- --
2023 $1,882 $20,638 $20,638 $0
2022 $1,862 $19,548 $19,548 $0
2021 $1,962 $20,106 $20,106 $0
2020 $1,914 $20,160 $20,160 $0
2019 $1,900 $18,630 $18,630 $0
2018 $1,861 $14,274 $14,274 $0
2017 $1,789 $14,274 $14,274 $0
2016 $1,720 $11,790 $11,790 $0
2015 $1,645 $9,787 $9,787 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6302919

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-74-008