NOT LISTED FOR SALE

3004 E Mcdowell Rd Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $522,454

1 Bed
-- Bath
1,800 Sq Ft
$290/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $230,000 $128 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,142/month

90 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • The Creighton Academy Rated 10
  • Ceramic Tile Flooring

About This Home

As of September 2016

building with over 1800 rental square feet. two units: space A is a ice cream parlor//Deli setup (NO hood/vent/grease trap). Kitchen prep area, sinks,business equipment included. space B is a 700 square feet leased office/space. you can stop by the ice cream restaurant and shop but do not discuss sale with employees.

Last Agent to Sell the Property

Isaac Nieblas

InHouseVIP License #BR512895000 Listed on: 05/13/2016

Last Buyer's Agent

Claudia Jara

Realty ONE Group License #SA555088000

Realty ONE Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned c3,c-3,c 3

Home Design

  • 1,800 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Fenced Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 120-20-049

Community Details

Building Details

  • Operating Expense $9,383
  • Gross Income $76,000
  • Net Operating Income $2,900

Additional Features

  • Building Dimensions are irregular
  • Community Kitchen
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$2,683

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd and 30th Street
  • Property Type: Comm/Industry Sale
  • Zoning: c3,c-3,c 3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2015
  • Directions: north side of Mcdowell Rd, parking in rear
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 1800.0

Exterior Features

  • Construction Type: Frame - Wood, Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Private Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Over 220 Amp, Master Meter, SRP
  • Cooling: Central A/C, See Remarks
  • Green Building Features: Kitchen, Security Gate
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Security Gate: Yes

Fee Information

  • Annual Fuel Expense: 600.0
  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 120-20-049
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 3600.0
  • Annual Gross Income: 76000.0
  • Insurance Expense: 700.0
  • Property Net Operating Income: 2900.0
  • Annual Operating Expense: 9383.0
  • Vacancy Allowance Rate: 5.0
  • Leasable Area: 1800.0

Tax Info

  • Tax Annual Amount: 2683.0
  • Tax Book Number: 120.00
  • Tax Lot: 0
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Sep 1, 2016
Sold by
Morales Maria De Lourdes M and Rivera Rafael Morales
Bought by
Rivera Rafael Morales
Seller's Agent
Isaac Nieblas
InHouseVIP
Buyer's Agent
Claudia Jara
Realty ONE Group
List Price
$268,000
Sold Price
$230,000
Premium/Discount to List
-$38,000
-14.18%
Current Estimated Value
$522,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,454
Avg. Annual Appreciation
9.47%

Purchase Details

Listed on
May 13, 2016
Closed on
Aug 26, 2016
Sold by
Chavarria Carmen and Diaz Silverio
Bought by
Rivera Rafael Morales
Seller's Agent
Isaac Nieblas
InHouseVIP
Buyer's Agent
Claudia Jara
Realty ONE Group
List Price
$268,000
Sold Price
$230,000
Premium/Discount to List
-$38,000
-14.18%

Purchase Details

Listed on
Mar 21, 2014
Closed on
Apr 11, 2014
Sold by
Last Chance Properties E Associates Llc
Bought by
Chavarria Carmen and Diaz Silverio
Seller's Agent
Isaac Nieblas
InHouseVIP
Buyer's Agent
Isaac Nieblas
InHouseVIP
List Price
$156,000
Sold Price
$136,000
Premium/Discount to List
-$20,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.47%
Original Mortgage
$81,600
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2013
Sold by
Leon Jesus A
Bought by
Last Chance Properties E Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2011
Sold by
Gomez Ted K and Gomez Maria H
Bought by
Leon Jesus A

Purchase Details

Closed on
May 1, 2006
Sold by
Bland Virgil Dale
Bought by
Gomez Ted K and Gomez Maria H

Purchase Details

Closed on
Jan 10, 2005
Sold by
Bland Jeannie Marie
Bought by
Bland Virgil Dale

Purchase Details

Closed on
Dec 30, 1998
Sold by
Bland Virgil Dale
Bought by
Virgil Dale Bland Sr Trust

Purchase Details

Closed on
Nov 8, 1994
Sold by
Bland Dana Marti
Bought by
Bland Virgil Dale

Purchase Details

Closed on
Jun 7, 1994
Sold by
Bland Virgil D
Bought by
Bland Virgil Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.57%

Purchase Details

Closed on
Oct 30, 1979
Sold by
Rogers Harry H
Bought by
Eckel John D and Eckel Ann
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rivera Rafael Morales -- Driggs Title Agency Inc
Rivera Rafael Morales $230,000 Driggs Title Agency Inc
Chavarria Carmen $136,000 Driggs Title Agency Inc
Last Chance Properties E Associates Llc $90,000 Driggs Title Agency Inc
Leon Jesus A $20,000 Pioneer Title Agency Inc
Gomez Ted K $225,000 The Talon Group Gilbert
Bland Virgil Dale -- --
Virgil Dale Bland Sr Trust -- --
Bland Virgil Dale -- --
Bland Virgil Dale -- --
Bland Virgil Dale -- Security Title Agency
Eckel John D -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavarria Carmen $81,600
Previous Owner Last Chance Properties E Associates Llc $65,000
Previous Owner Bland Virgil Dale $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $230,000 -14.2% $128 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $268,000 +97.1% $149 / Sq Ft
04/11/2014 04/11/14 Sold $136,000 -12.8% $94 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $156,000 -- $108 / 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 $4,462 $33,284 -- --
2024 $4,545 $32,690 -- --
2023 $4,545 $41,395 $23,477 $17,918
2022 $4,495 $37,800 $20,755 $17,045
2021 $4,736 $39,006 $21,348 $17,658
2020 $4,620 $38,196 $20,160 $18,036
2019 $4,588 $36,288 $18,630 $17,658
2018 $3,037 $22,482 $14,814 $7,668
2017 $2,919 $22,572 $14,814 $7,758
2016 $2,807 $18,486 $11,484 $7,002
2015 $2,683 $16,299 $9,972 $6,327
Source: Public Records

Agents Affiliated with this Home

  • Isaac Nieblas

    Seller's Agent in 2016

    Isaac Nieblas

    InHouseVIP

    (602) 403-2222

    6 in this area

    38 Total Sales

    Isaac Nieblas
    Section Image
  • Claudia Jara

    Buyer's Agent in 2016

    Claudia Jara

    Realty One Group

    (602) 363-1321

    44 Total Sales

    Claudia Jara
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5442550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-049

Arizona Maricopa County Phoenix 85008 Central City

3004 E Mcdowell Rd, Phoenix, AZ

This home is located at 3004 E Mcdowell Rd, Phoenix, AZ 85008 since 13 May 2016 and is currently estimated at $522,454, approximately $290 per square foot. This property was built in 1950. 3004 E Mcdowell Rd is a home located in Maricopa County with nearby schools including The Creighton Academy, Camelback High School, and Phoenix Coding Academy.

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

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