NOT LISTED FOR SALE

730 W Mcdowell Rd Phoenix, AZ 85007

Estimated Value: $928,000 - $1,160,583

-- Bed
1 Bath
2,433 Sq Ft
$431/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $576,500 $237 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,940/month

152 Days on Market

Highlights

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

About This Home

As of November 2019

MUST SEE HISTORICAL ZONED COMMERCIAL OR RESIDENTIAL MULTIPLE DWELLINGS COMPLETELY REMODELED. BIG EXTRA LOT IN THE BACK ZONED FOR MORE UNITS PARKING AND MORE. VERY NICE INSIDE AND OUT

Last Agent to Sell the Property

Mike Wingersky

Best Homes Real Estate License #SA524025000 Listed on: 05/15/2019

Best Homes Real Estate

Last Buyer's Agent

Martyn Bridgeman

HomeSmart Realty License #SA650487000

HomeSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1940

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Concrete

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, cable TV
  • Tax Lot 6
  • Assessor Parcel Number 111-09-006

Community Details

Overview

  • 2 Units
  • Building Dimensions are irr
  • Historical Pailmcraft Subdivision

Building Details

  • Operating Expense $6,527
  • Gross Income $24,000
  • Net Operating Income $21,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,027

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and McDowell
  • Property Type: Multiple Dwellings
  • Zoning: RES / COM
  • Number Of Buildings: 1
  • Year Built: 1940
  • Tax Year: 2018
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: historical pailmcraft
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School

Lot Info

  • Lot Size: irr
  • Additional Parcels: Yes
  • Parcel #: 111-09-006

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Cable TV, None
  • Tenant Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Insurance Expense: 500.0
  • Property Net Operating Income: 21060.0
  • Annual Operating Expense: 6527.0

Tax Info

  • Tax Annual Amount: 6027.0
  • Tax Book Number: 111.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Nov 14, 2019
Sold by
Wingersky Michael C
Bought by
Castle Deanna
Seller's Agent
Mike Wingersky
Best Homes Real Estate
Buyer's Agent
Martyn Bridgeman
HomeSmart Realty
List Price
$680,000
Sold Price
$576,500
Premium/Discount to List
-$103,500
-15.22%
Total Days on Market
152
Current Estimated Value
$1,049,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,896
Avg. Annual Appreciation
12.08%

Purchase Details

Closed on
Jan 30, 2007
Sold by
M W Homes Llc
Bought by
Wingersky Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2005
Sold by
Marken Ventures Llc
Bought by
Wingersky Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2005
Sold by
Kodrantes Capital Ltd
Bought by
Marken Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2002
Sold by
Komarinski Dennis and Marott Michele
Bought by
Kodrantes Capital Ltd

Purchase Details

Closed on
May 5, 1997
Sold by
Geller Earl and Earl Geller Ltd Employees Pens
Bought by
Komarinski Dennis and Marotte Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Castle Deanna $576,500 Security Title Agency Inc
Wingersky Michael C -- Grand Canyon Title Agency In
Wingersky Michael C $300,000 Capital Title Agency Inc
Marken Ventures Llc $300,000 Lawyers Title Ins
Kodrantes Capital Ltd $92,500 Lawyers Title Of Arizona Inc
Komarinski Dennis $80,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & M Investment Rentals Llc $250,000
Previous Owner Wingersky Michael C $565,600
Previous Owner Wingersky Michael C $125,000
Previous Owner Wingersky Michael C $240,000
Previous Owner Kodrantes Capital Ltd $250,000
Previous Owner Komarinski Dennis $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $576,500 -1.5% $237 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $585,000 -4.1% $240 / Sq Ft
06/12/2019 06/12/19 Price Changed $610,000 -3.2% $251 / Sq Ft
06/05/2019 06/05/19 Price Changed $630,000 -3.1% $259 / Sq Ft
05/20/2019 05/20/19 Price Changed $650,000 -3.0% $267 / Sq Ft
05/17/2019 05/17/19 Price Changed $670,000 -1.5% $275 / Sq Ft
05/15/2019 05/15/19 For Sale $680,000 -- $279 / 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 $4,455 $33,312 -- --
2024 $4,412 $31,726 -- --
2023 $4,412 $74,330 $14,860 $59,470
2022 $4,255 $42,950 $11,740 $31,210
2021 $6,072 $45,720 $21,132 $24,588
2020 $6,142 $44,190 $19,476 $24,714
2019 $6,132 $39,006 $15,660 $23,346
2018 $6,027 $35,730 $14,508 $21,222
2017 $5,887 $32,418 $15,102 $17,316
2016 $6,487 $35,028 $14,112 $20,916
2015 $6,274 $34,873 $14,282 $20,591
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mike Wingersky

    Best Homes Real Estate

    (602) 687-8792

    Section Image

  • M

    Buyer's Agent in 2019

    Martyn Bridgeman

    HomeSmart Realty

    (602) 421-9184

    35 Total Sales

    Martyn Bridgeman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5925989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-09-006

Arizona Maricopa County Phoenix 85007

730 W Mcdowell Rd, Phoenix, AZ

This home is located at 730 W Mcdowell Rd, Phoenix, AZ 85007 since 15 May 2019 and is currently estimated at $1,049,396, approximately $431 per square foot. This property was built in 1940. 730 W Mcdowell Rd is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

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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