NOT LISTED FOR SALE

2525 E Willetta St Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $553,000 - $619,000

-- Bed
6 Baths
3,324 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $582,500 $175 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,121/month

17 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of February 2024

This charming remodeled home offers three bedrooms and two bathrooms plus two separate units in the back. Each unit features one bedroom and one bathroom. The main house has undergone extensive upgrades, boasting wood like floors, modern cabinets, and beautiful countertops. Enjoy the abundance of natural light that streams through the new dual-pane windows. The home is available fully furnished on a separate bill of sale. With its prime location, modern upgrades, and the potential for rental income, this beautiful remodeled home in Phoenix is truly a rare find.

Last Agent to Sell the Property

Meghan Klibanoff

Compass License #SA665594000 Listed on: 07/06/2023

Compass

Co-Listed By

Stacy Klibanoff

Compass License #SA636713000

Last Buyer's Agent

Frank Morales

HomeSmart License #BR635662000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1942

Lot Details

  • 6,534

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer
  • The owner pays for trash collection
  • Legal Lot and Block 13 / 11
  • Assessor Parcel Number 121-78-117

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 6,541
  • North Elsinore Block 13 14 Subdivision

Building Details

  • Operating Expense $804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$804

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Cross Street: 24th St and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1942
  • Tax Year: 2022
  • Directions: South on 24th St, East on Willetta to property on your right.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: NORTH ELSINORE BLOCK 13-14
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6,541
  • Additional Parcels: No
  • Parcel #: 121-78-117

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Gas, Electricity, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 804.0

Tax Info

  • Tax Annual Amount: 804.0
  • Tax Block: 11
  • Tax Book Number: 121.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Feb 2, 2024
Sold by
Mcelroy Jake Jason
Bought by
Asano Yuta
Seller's Agent
Meghan Klibanoff
Compass
Buyer's Agent
Frank Morales
HomeSmart
List Price
$595,000
Sold Price
$582,500
Premium/Discount to List
-$12,500
-2.1%
Views
31
Current Estimated Value
$575,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,246
Avg. Annual Appreciation
-0.76%
Original Mortgage
$436,875
Outstanding Balance
$429,154
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$146,100

Purchase Details

Listed on
Dec 28, 2022
Closed on
May 19, 2023
Sold by
Nunez Ramon J
Bought by
Mcelroy Jake Jason
Seller's Agent
Ramon Nunez
Valley Views RE
Buyer's Agent
Meghan Klibanoff
Compass
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Views
608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.08%
Original Mortgage
$420,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2021
Sold by
Martin Jack H and Martin Rachel
Bought by
Nunez Ramon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,786
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2016
Sold by
Martin Jack H and Martin Rachel
Bought by
The Jack & Rachel Martin Trust A Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2007
Sold by
Martin Jack H and Martin Rachel
Bought by
Martin Jack H and Martin Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2007
Sold by
Martin Jack H and Martin Rachel
Bought by
Martin Jack H and Martin Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Asano Yuta $582,500 Wfg National Title Insurance C
Mcelroy Jake Jason $600,000 American Title Service Agency
Nunez Ramon J $305,000 American Title Svc Agcy Llc
The Jack & Rachel Martin Trust A Revocab -- First American Title Ins Co
Martin Jack H -- First American Title Ins Co
Martin Jack H -- Ticor Title Agency Of Az Inc
Martin Jack H -- Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asano Yuta $436,875
Previous Owner Mcelroy Jake Jason $420,000
Previous Owner Nunez Ramon J $263,786
Previous Owner Martin Jack H $95,000
Previous Owner Martin Jack H $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $582,500 -2.1% $175 / Sq Ft
11/10/2023 11/10/23 For Sale $595,000 +2.1% $179 / Sq Ft
11/07/2023 11/07/23 Off Market $582,500 -- --
10/18/2023 10/18/23 Price Changed $595,000 -0.8% $179 / Sq Ft
08/05/2023 08/05/23 For Sale $600,000 0.0% $181 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $600,000 0.0% $181 / Sq Ft
05/19/2023 05/19/23 Sold $600,000 -3.2% $181 / Sq Ft
05/09/2023 05/09/23 Price Changed $620,000 0.0% $187 / Sq Ft
05/09/2023 05/09/23 For Sale $620,000 0.0% $187 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $620,000 -0.8% $187 / Sq Ft
12/26/2022 12/26/22 For Sale $625,000 -- $188 / 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 $846 $6,508 -- --
2024 $836 $6,198 -- --
2023 $836 $29,320 $5,860 $23,460
2022 $804 $21,030 $4,200 $16,830
2021 $823 $17,100 $3,420 $13,680
2020 $803 $14,170 $2,830 $11,340
2019 $797 $12,170 $2,430 $9,740
2018 $781 $10,980 $2,190 $8,790
2017 $751 $10,010 $2,000 $8,010
2016 $722 $7,920 $1,580 $6,340
2015 $671 $6,070 $1,210 $4,860
Source: Public Records

Agents Affiliated with this Home

  • Meghan Klibanoff

    Seller's Agent in 2024

    Meghan Klibanoff

    Compass

    (480) 415-2539

    3 in this area

    107 Total Sales

    Meghan Klibanoff
    Section Image
  • Stacy Klibanoff

    Seller Co-Listing Agent in 2024

    Stacy Klibanoff

    Compass

    (480) 251-6660

    3 in this area

    176 Total Sales

    Stacy Klibanoff
    Section Image
  • Frank Morales

    Buyer's Agent in 2024

    Frank Morales

    HomeSmart

    (480) 390-3308

    1 in this area

    34 Total Sales

    Frank Morales
    Section Image
  • Ramon Nunez

    Seller's Agent in 2023

    Ramon Nunez

    Valley Views RE

    (480) 432-8882

    3 in this area

    82 Total Sales

    Ramon Nunez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6577265

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-78-117

Arizona Maricopa County Phoenix 85008 Central City

2525 E Willetta St, Phoenix, AZ

This home is located at 2525 E Willetta St, Phoenix, AZ 85008 since 06 July 2023 and is currently estimated at $575,254, approximately $173 per square foot. This property was built in 1942. 2525 E Willetta St is a home located in Maricopa County with nearby schools including Excelencia School, Camelback High School, and Phoenix Coding Academy.

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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