6 months on rocket

2427 E Mcdowell Rd, Phoenix, AZ, 85008

$685,000

Home List Price

$8,134*

Closing Credit

3 Bedrooms
2 Baths
1,561 SqFt
$439/SqFt
House

Location

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2427 E Mcdowell Rd, Phoenix$685,000

Buyer Closing Credits

$8,134*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingRV Gate, Separate Strge Area
Year Built1958
HeatingElectric
BasementYes
FireplaceNone
MLS #6696950
Lot Size0.19 Acres
StatusActive

About 2427 E Mcdowell Rd

Looking for a Lucrative Investment Opportunity in Phoenix, AZ? Look No Further! This Stunning Property is Located at 2427 E McDowell Rd and is currently being used as a Home/Office that offers C-2 Commercial and R-3 Multiple Family Zoning with Road Frontage on Mcdowell Road. Key Features: Prime Location: Nestled in the heart of Phoenix, enjoy easy access to downtown, shopping centers, restaurants, and major highways. Rear lot of Property is Currently Leased for $600.00 Per Month for Storage. Unfinished Basement is a Bonus for Estimated 761 Sq Ft of Additional Storage. Property Has So Much Potential! 24th St and Mcdowell!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,561 SqFt

Listing Office:

  • Office Name: Kristopher Realty
  • Office Phone: (480) 628-9856
  • Listing Agent: Christopher Sicz

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Tile, Concrete
  • Interior: Full Bth Master Bdrm, High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s), Patio, Storage

Parking Information:

  • Parking: RV Gate, Separate Strge Area

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Camelback High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: East on Mcdowell Rd from N 24th St. Property located on the South Side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $685,000
  • Price Per SqFt: $439/SqFt

Tax Information:

  • Annual Amount: $1,102
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

2427 E Mcdowell Rd vs Phoenix

193 DAYS ON ROCKET

+131 Days

$685,000

+$234K More

$439/SqFt

+$154 More

KEY TAKEAWAY

This property is $234K more than the Median Sold Price and $154/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6696950

Listing Office:

  • Office Name: Kristopher Realty
  • Office Phone: (480) 628-9856
  • Listing Agent: Christopher Sicz

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 26, 2001Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,102$21,200
2020$1,074$18,800
2019$1,045$17,610
2017$1,005$12,800

History based on county public records data.

Payment Calculator

$3,486

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,120

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-32951
10
/10

  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 2.28 miles

  • Public District Grades 9-12

school-card-donut-32952
2
/10

  • Camelback High School

  • 4612 N 28th St

  • 2.73 miles

  • Public District Grades 9-12

school-card-donut-32953
6
/10

  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 3.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,503. The most common annual income of people living in Phoenix, AZ is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2427 E Mcdowell Rd

What is the listing price of this property?

The listing price of 2427 E Mcdowell Rd property is $685,000.

What type of property is this?

The property 2427 E Mcdowell Rd is a house located in Phoenix, Arizona, 85008.

Is this property for sale now?

Active Listing: 2427 E Mcdowell Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2427 E Mcdowell Rd are:
Phoenix Union Bioscience High School: GreatSchools Rating 10/10
Camelback High School: GreatSchools Rating 2/10
Franklin Police and Fire High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,102 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 26, 2001 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2427 E Mcdowell Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2427 E Mcdowell Rd is 1,561 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2427 E Mcdowell Rd is 1958.

Rocket Homes›Arizona›Maricopa County›Phoenix›85008›2427 E Mcdowell Rd

This home is located at 2427 E Mcdowell Rd in Phoenix, AZ and zip code 85008 in the Central City neighborhood. This 1,561 square foot home, which was built in 1958, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $685,000.

In October 2024 more than 250 listings in Phoenix, AZ were sold above the asking price. During the same period more than 344 listings were sold at asking price, while more than 697 were sold below. The number of listings in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. Listings spent 62 days on the market in October 2024, and had a median list price of $450,977 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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