NOT LISTED FOR SALE

4029 W Mcdowell Rd Phoenix, AZ 85009

Maryvale Neighborhood
63 Beds
-- Bath
1,399 Sq Ft
1968 Built

Last Sold February 01, 2018

Last sale price $3,450,000 $2,466 Per Sq Ft

26 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of February 2018

Casa West is a 32-unit garden-style apartment community located in a desirable west Phoenix neighborhood that was completely rebuilt and repositioned in 2016 with premium finishes. The property is made of block construction with pitched composition shingle roofs and is individually-metered for electricity. The unit mix is composed of 97% two-bedroom/one-bath floor plans that are spacious, very well designed and average nearly 800 square feet. Casa West offers an investor the rare opportunity to acquire an extensively renovated asset located in a desirable Phoenix location priced below replacement cost.

Last Agent to Sell the Property

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 11/15/2017

Last Buyer's Agent

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 11/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,186

Year Built

  • Built in 1968

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 30 Open Parking Spaces
  • 62 Parking Spaces
  • 32 Covered Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 625
  • Assessor Parcel Number 106-30-129

Community Details

Overview

  • 2 Buildings
  • 32 Units
  • Building Dimensions are 202' x 165'
  • Winona Park 5 Subdivision

Building Details

  • Operating Expense $11,186
  • Gross Income $354,307
  • Net Operating Income $252,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,186

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: 41st Avenue and McDowell Road
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Year Built: 1968
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: WINONA PARK 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 32.0
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 62.0
  • General Property Description:Covered Parking Spcs: 32.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 62.0
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 202' x 165'
  • Additional Parcels: Yes
  • Parcel #: 106-30-129

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 32
  • Annual Gross Income: 354307.05
  • Property Net Operating Income: 252299.0
  • Annual Operating Expense: 11186.28
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 11186.28
  • Tax Book Number: 106.00
  • Tax Lot: 625
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $3,450,000 -9.2% $2,466 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $3,799,000 -- $2,716 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $35,206 $216,696 -- --
2024 $34,622 $206,377 -- --
2023 $34,622 $244,260 $27,040 $217,220
2022 $33,019 $187,190 $20,720 $166,470
2021 $35,944 $213,260 $23,610 $189,650
2020 $35,285 $186,640 $20,660 $165,980
2019 $34,663 $288,000 $57,600 $230,400
2018 $34,729 $64,600 $3,690 $60,910
2017 $11,186 $69,200 $3,520 $65,680
2016 $8,258 $55,950 $6,190 $49,760
2015 $7,639 $44,640 $4,940 $39,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeff Seaman

    CBRE, Inc

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5688046

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85009 Maryvale

4029 W Mcdowell Rd, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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