See Home Value
Phoenix 85006 Garfield
1201 E MCKINLEY Street
$437,257*
House - Off Market

1201 E MCKINLEY Street

Phoenix, AZ 85006
bedrooms
2 Beds
bathrooms
1 Bath
square feet
825 Sqft
$387,000 - $473,000
Reference Base Price*
1.69%
Since Jun 1, 2023
AZ-Phoenix
Primary Model
Sold May 13, 2022
$425,000
$361,250 by Pennymac Loan Services Llc
Mortgage Due Jun 01, 2051
Sold Oct 21, 2008
$47,250

About This Property

INVESTORS ONLY! Great Opportunity in the Historic Garfield District. THE HOME IS LEASED. Here's your chance to develop part of the lot while having income from the rent of the home. This unique infill parcel is Zoned R-3 supporting alternate living styles including rental, condominiums, and single ownership of land with multiple units thereon or single or attached townhomes.  This remodeled home features 2 bedrooms and 1 bathroom and sits on only 1/3 of its 6,976 sq.ft. lot. Home is located within mile of ASU and U of A medical school, Banner - University Medical Center Phoenix, art corridor, museums, stadiums, entertainment, dining, hotels, convention center, and just steps away from the coveted Roosevelt Row Arts District.

The manager has listed the unit size as 825 square feet.
Unit Size
825Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$521
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1921

Price History

Date / Event Date Event Price
May 2, 2023 No longer available -
No longer available
Apr 26, 2023 Price Decreased $430,000
↓ $57K (11.6%)
Price Decreased
Apr 8, 2023 Price Decreased $486,499
↓ $501 (0.1%)
Price Decreased
Mar 31, 2023 Price Decreased $487,000
↓ $500 (0.1%)
Price Decreased
Mar 18, 2023 Price Decreased $487,500
↓ $500 (0.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,976
  • Total Building Area: 825
  • Gross Building Area: 825
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ERHARTS SUB
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ERHARTS SUB MCR 3-68

Ownership

  • Current Owner : MAGDALANO ANDRES
  • Previous Owner : JOYCE FERRANTELLI
  • Owner Before Previous Owner: JPMORGAN CHASE BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 113204

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 368
  • Parcel: 116-24-048
  • Block: 49
  • Lot: 24
  • Meridian: SEC 4 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4564
  • Longitude: -112.056

    Address

  • Full Address: 1201 E Mckinley St
  • Address - House Number: 1201
  • Street Direction: E
  • Address - Street Name: Mckinley
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Zip Code: 85006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,446
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 011300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 464,518
  • High Value: 492,326
  • Low Value: 436,710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,250
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $361,250
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $283,600
  • Market Land Value: $56,700
  • Market Improvement Value: $226,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,360
  • Assessed Land Value: $5,670
  • Assessed Improvements Value: $22,690

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Transaction ID: 11887435627
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 417267
  • Previous Sale Recording Date: Oct 21, 2008
  • Previous Sale Contract Date: Sep 27, 2008
  • Previous Sale Amount: $47,250
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: May 13, 2022
  • First Mortgage Loan Amount: $361,250
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
2 Beds
2 Baths
1,508 ft²
$315/ft²
$475,000 Apr 8, 2023
-
$468/mo
Commercial
Loft
-
819 ft²
$427/ft²
$350,000 Apr 4, 2023
-
$141/mo
Land
Loft
-
-
$350,000 Apr 22, 2023
-
$139/mo

About Central City


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Frequently Asked Questions

When was property at 1201 East McKinley Street built and last sold?
The property at 1201 East McKinley Street was built in 1921 and last sold on Apr 27, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 1201 East McKinley Street is $429,053.
What are some comparable homes to 1201 East McKinley Street?
Homes that are comparable to 1201 East McKinley Street include a townhouse property at 930 North 9th Street, a commercial property at 438 North 16th Street, a land property at 1436 East McKinley Street.

Nearby Counties
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