NOT LISTED FOR SALE

2141 W Madison St Phoenix, AZ 85009

Central City Neighborhood

Estimated Value: $390,000 - $706,000

4 Beds
3 Baths
3,300 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $270,000 $82 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,315/month

18 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Patio
  • Phoenix Coding Academy Rated A
  • No HOA
  • Kitchen Island

About This Home

As of March 2021

Once in a lifetime opportunity to own a piece of history! The Morse-Kelley House was built in 1912, & is 1 of the 5 original ''mansions'' built in the Historical West Capital Addition, a 19th-century subdivision of mansions. 1 of these ''Mansions'' was restored into a B & B & recently sold for $649,000! Restored by maintaining historical integrity w/ modern amenities; the spacious floorplan is unique & full of possibilities! Home boasts Original Hardwood Floors, Craftsman Millwork, Original Staircase, New Appliances, Newer Paint & More. Bathrooms have Antique Claw Tubs, Subway Tile & Period Touches. Home is zoned for SFR or R-4 Multi-Family. Spacious Rear Yard has additional building that can be roofed & utilized as additional Living Space, Office Space; the possibilities are endless! Close to downtown, restaurants, Chase park, museums, etc.

2141 W Madison Phoenix AZ, so named The Morse-Kelley House. Built in 1912, it is 1 of the 5 Victorian Mansions left from the West Capital Addition, a 19th-century subdivision of similarly stately structures. Located in the now Capitol West The Morse-Kelley Home takes its name from Menzo Morse, a grocer, and Dorrian Kelley, a salesman for the Standard Oil Co., each of whom lived there for a time. In October 2002, The Morse-Kelley House was designated as a historical landmark with Historic Preservation-Landmark (HP-L) overlay zoning & R-4 Multifamily Zoning!

Last Agent to Sell the Property

Georgi Stratton

Realty ONE Group License #BR638257000 Listed on: 02/22/2021

Realty ONE Group

Last Buyer's Agent

Alan Kittelman

Venture REI, LLC License #BR549414000

Venture REI, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1925

Lot Details

  • 8,400 Sq Ft Lot
  • Desert faces the back of the property
  • Chain Link Fence
  • Grass Covered Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Kitchen Island
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • RV Access or Parking
  • Unassigned Parking

Outdoor Features

  • Patio

Schools

  • Mary Mcleod Bethune Elementary School
  • Phoenix Coding Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Amazing Historical Home
  • Capitol Lot Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 109-48-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Jefferson
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 5.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1925
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Capitol Lot
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 3300.0
  • Stories: 2
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Alley, Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Brick Veneer, Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Unassigned, RV Access/Parking, Rear Vehicle Entry, Side Vehicle Entry
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Mary Mcleod Bethune School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8400.0
  • Parcel #: 109-48-059

Building Info

  • Builder Name: Amazing Historical Home

Tax Info

  • Tax Annual Amount: 1329.0
  • Tax Book Number: 109.00
  • Tax Lot: 11
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Vasquez Jose P and Vasquez Kerri S
Bought by
Baino Llc
Current Estimated Value
$591,733

Purchase Details

Closed on
May 16, 2022
Sold by
Baino Llc
Bought by
Vasquez Jose P and Vasquez Kerri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,400
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 17, 2021
Sold by
Brandon Hunt Realty Services Pc
Bought by
Baino Llc
Seller's Agent
Georgi Stratton
Realty ONE Group
Buyer's Agent
Alan Kittelman
Venture REI, LLC
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%
Original Mortgage
$311,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 5, 2021
Sold by
Ram Family Holdings Lllp
Bought by
Brandon Hunt Realty Services Pc
Seller's Agent
Georgi Stratton
Realty ONE Group
Buyer's Agent
Alan Kittelman
Venture REI, LLC
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Beckley Gordon L and Beckley Ardith D
Bought by
Ram Family Holdings Lllp

Purchase Details

Closed on
Aug 6, 2001
Sold by
Church On The Street Inc
Bought by
Beckley Gordon L and Beckley Ardith D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Baino Llc -- None Listed On Document
Vasquez Jose P -- Magnus Title
Baino Llc -- Chicago Title
Brandon Hunt Realty Services Pc $270,000 Lawyers Title Of Arizona Inc
Ram Family Holdings Lllp $75,000 Security Title Agency Inc
Beckley Gordon L $100,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Jose P $407,400
Previous Owner Baino Llc $30,000
Previous Owner Baino Llc $311,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $270,000 -9.7% $82 / Sq Ft
02/08/2021 02/08/21 For Sale $299,000 -- $91 / 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 $1,386 $10,365 -- --
2024 $1,373 $9,871 -- --
2023 $1,373 $16,780 $7,870 $8,910
2022 $1,324 $12,860 $4,600 $8,260
2021 $1,314 $11,260 $3,250 $8,010
2020 $1,329 $11,260 $3,290 $7,970
2019 $1,327 $10,220 $2,620 $7,600
2018 $1,304 $9,910 $2,280 $7,630
2017 $1,274 $8,110 $1,980 $6,130
2016 $1,237 $7,630 $1,800 $5,830
2015 $1,145 $6,680 $1,800 $4,880
Source: Public Records

Agents Affiliated with this Home

  • Georgi Stratton

    Seller's Agent in 2021

    Georgi Stratton

    Realty One Group

    (480) 695-6565

    3 in this area

    70 Total Sales

    Georgi Stratton
    Section Image
  • Alan Kittelman

    Buyer's Agent in 2021

    Alan Kittelman

    Venture REI, LLC

    (602) 820-8164

    4 in this area

    410 Total Sales

    Alan Kittelman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6191875

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-48-059

Arizona Maricopa County Phoenix 85009 Central City

2141 W Madison St, Phoenix, AZ

This home is located at 2141 W Madison St, Phoenix, AZ 85009 since 22 February 2021 and is currently estimated at $591,733, approximately $179 per square foot. This property was built in 1925. 2141 W Madison St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune 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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