$187,500
SOLD DEC 14, 2015

925 W Mcdowell Rd Unit 107 Phoenix, AZ 85007

Story Neighborhood
2 Beds
2 Baths
1,144 Sq Ft
1,188 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

18% Below List Price

93 Days on Market

Highlights

  • The property is located in a historic district
  • Gated Community
  • Granite Countertops
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Private Yard

About This Home

As of August 2017

SELLER BLOW-OUT!! HUGE PRICE REDUCTION!! SELLER WILL CONTRIBUTE UP TO $4K TOWARD BUYER CLOSING COST!! AMAZING REMODEL. This is one of the BEST and MOST affordable Patio Homes in the area. Developer took the building all the way back to the studs and completed a beautiful contemporary remodel. New granite counter tops, cabinets, stainless steel appliances and stackable washer and dryer. Your very own private enclosed backyard finished with artificial grass and pavers is perfect for entertaining. Personal covered parking and separate storage rooms. Surrounded by both FQ and Encanto Historic District. Walking distance to all the HIP & TRENDY restaurants and light rail. There are a total of 4 units available, #106,107,110, & 111.
Seller has had a 3rd party appraisal that shows value at $225K

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 09/03/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1950

Lot Details

  • 1,188 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Artificial Turf
  • Private Yard

HOA Fees

  • $319 Monthly HOA Fees

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 111-21-145

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Fq Urban Estates Association
  • Fq Urban Estates Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 1950

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Cross Street: McDowell & 11th Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 319.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2014
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1950
  • Tax Year: 2014
  • Directions: This project sits on the Southeast corner of McDowell & 11th Ave
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: FQ URBAN ESTATES CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 319.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, 9+ Flat Ceilings, No Interior Steps
  • Living Area: 1144.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Common Walls: 1 Common Wall
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool, Near Light Rail Stop, Historic District
  • Association Fee: 319.0
  • Association Fee Frequency: Monthly
  • Association Name: FQ Urban Estates
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: FQ Urban Estates
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1188.0
  • Parcel #: 111-21-145

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 2310.0
  • Tax Book Number: 111.00
  • Tax Lot: 107
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 7, 2017
Sold by
Dake Kristine S
Bought by
Hernandez Patricia Marie
Seller's Agent
Frank Edelman
Coldwell Banker Realty
Buyer's Agent
Jay Jordan
RETSY
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$419,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,852
Avg. Annual Appreciation
9.24%
Original Mortgage
$164,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2015
Closed on
Dec 9, 2015
Sold by
Fq Urban Group Lllp
Bought by
Dake Kristine S
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$230,000
Sold Price
$187,500
Premium/Discount to List
-$42,500
-18.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Jmgs Mcdowell Llc
Bought by
Rq Urban Group 4 Lllp
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 Type Sale Price Title Company
Warranty Deed $205,000 First Arizona Title Agency L
Cash Sale Deed $187,500 Empire West Title Agency
Special Warranty Deed -- Empire West Title Agency
Cash Sale Deed $159,250 Empire West Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Closed $164,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $205,000 -2.3% $179 / Sq Ft
05/16/2017 05/16/17 For Sale $209,900 +11.9% $183 / Sq Ft
12/14/2015 12/14/15 Sold $187,500 -6.2% $164 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
10/16/2015 10/16/15 Price Changed $199,900 -7.0% $175 / Sq Ft
10/06/2015 10/06/15 Price Changed $215,000 -6.5% $188 / Sq Ft
09/03/2015 09/03/15 For Sale $230,000 -- $201 / 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 $1,818 $20,404 -- --
2024 $2,396 $19,432 -- --
2023 $2,396 $26,180 $5,230 $20,950
2022 $2,304 $21,460 $4,290 $17,170
2021 $2,306 $19,160 $3,830 $15,330
2020 $2,339 $16,670 $3,330 $13,340
2019 $2,340 $16,560 $3,310 $13,250
2018 $2,298 $14,730 $2,940 $11,790
2017 $2,508 $13,810 $2,760 $11,050
2016 $2,698 $21,200 $4,240 $16,960
2015 $2,496 $20,960 $4,190 $16,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5329822

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-21-145