See Home Value
$981,263*
Land - Off Market

340 E Willetta Street

Phoenix, AZ 85004
bedrooms
Studio
bathrooms
0 Bath
$887,000 - $1,083,000
Reference Base Price*
-0.38%
Since Sep 1, 2023
AZ-Phoenix
Primary Model

About This Property

This is an exciting development opportunity with historical preservation on a corner lot of 25,860 SF (gross) / 17,399 SF (net) of DTC-EEVER land. The proposed 25 units consist of 13 studio/efficiency units and 12 1-bedroom units. The Zoning Code is 43.5 Units / per AC and Height limit is 65 Feet. Near Downtown Phoenix, Arizona State University, I-10 Freeway, less than half a mile to the Phoenix Light-Rail 0.5 miles from Roosevelt Row, a Lively Downtown Destination for Popular Restaurants and Nightlife.
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$777
HOA Dues
-
Year Built
1996

Price History

Date / Event Date Event Price
Aug 18, 2023 No longer available -
No longer available
Jun 23, 2023 Relisted $985,000
Relisted
Apr 13, 2023 No longer available -
No longer available
Oct 6, 2022 Price Decreased $985,000
↓ $115K (10.5%)
Price Decreased
Sep 2, 2022 Price Decreased $1,100,000
↓ $150K (12%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 172,691
  • Total Building Area: 46,016
  • Gross Building Area: 46,016
  • Building Area: 46,016
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 46,016
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: MCDOWELL MARKETPLACE
  • Land Acres: 3.964
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: MCDOWELL MARKETPLACE MCR 413-34

Ownership

  • Current Owner : WHITTIER CALMADA MCDOWELL LLC
  • Current Owner 2: WILSHIRE SELBY MCDOWELL LLC
  • Previous Owner : VOIT PARTNERS LTD 1 TRUST #6
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 111800

Zoning

  • Zoning: C-DT

Geography

  • Assessors Map Reference: 41334
  • Parcel: 118-54-110-A
  • Lot: 1
  • Meridian: SEC 32 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4662
  • Longitude: -112.067

    Address

  • Full Address: 340 E Mcdowell Rd
  • Address - House Number: 340
  • Street Direction: E
  • Address - Street Name: Mcdowell
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C030
  • 4-Digit Zip Code: 1533
  • Zip Code: 85004

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,078
  • Tax Rate Code Area: 011303

    Market Valuation

  • Market Total Value: $6,585,500
  • Market Land Value: $4,066,000
  • Market Improvement Value: $2,519,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,119,535
  • Assessed Land Value: $691,220
  • Assessed Improvements Value: $428,315

    Sales

  • Current Sale Contract Date: Apr 01, 1999
  • Current Sale Recording Date: Apr 01, 1999
  • Current Sale Transaction ID: 1006648647
  • Current Sale Price: $7,125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99-0314973

    Last Sale Mortgage

  • First Mortgage Loan Type: Assumption



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
3,246 ft²
$276/ft²
$895,000 May 21, 2023
-
$108/mo
House
3 Beds
3 Baths
1,964 ft²
$446/ft²
$875,000 Mar 30, 2023
-
$199/mo
House
3 Beds
2 Baths
1,949 ft²
$436/ft²
$850,000 Jun 9, 2023
-
$276/mo
House
3 Beds
2.5 Baths
2,086 ft²
$391/ft²
$815,000 Apr 26, 2023
-
$460/mo

About Central City


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Frequently Asked Questions

When was property at 340 East Willetta Street built and last sold?
The property at 340 East Willetta Street was built in 1996 and last sold on Apr 1, 1999 for $7,125,000.
How much is this home worth?
The estimated value of the home located at 340 East Willetta Street is $994,850.
What are some comparable homes to 340 East Willetta Street?
Homes that are comparable to 340 East Willetta Street include a house property at 323 East Willetta Street, 79 West Cypress Street, 84 West Cypress Street.

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