NOT LISTED FOR SALE

2541 E Adams St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $509,585 - $631,000

5 Beds
5 Baths
4,792 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $550,000 $115 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,286/month

16 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ducts Professionally Air-Sealed

About This Home

As of May 2024

Property Zoning is R-4 with Overlay High Density District Zoning. 400A Commercial Electric Service, Sprinkler System, Building meets commercial standards. Property is bordered by A1 commercial zoning on three sides. Remodeling of building removed a Federally approved group home. Property currently is used as R1. This property is located in a majority commercial neighborhood 800' to the mass transit train station. Live and work from the same property.

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #BR701229000 Listed on: 04/02/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1996

Lot Details

  • 9,148 Sq Ft Lot
  • Desert faces the front of the property

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,792 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Schools

  • Phoenix Union - Wilson College Preparatory Elementary And Middle School
  • Phoenix Union - Wilson College Preparatory High School

Utilities

  • Ducts Professionally Air-Sealed
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include (see remarks)

Listing and Financial Details

  • Assessor Parcel Number 121-63-122

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: NA
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 4792.0
  • Stories: 2
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted, Ducts Professionally Air-Sealed
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Ducts Professionally Air-Sealed: Yes

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Phoenix Union - Wilson College Preparatory
  • High School: Phoenix Union - Wilson College Preparatory
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union - Wilson College Preparatory

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 121-63-122

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 834.0
  • Tax Book Number: 121.00
  • Tax Lot: -
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 31, 2024
Sold by
Stephen V Letson Living Trust and Letson Stephen V
Bought by
Sustainable D Llc
Seller's Agent
Jonathan Minerick
HomeCoin.com
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$550,000
Sold Price
$550,000
Views
45
Current Estimated Value
$574,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,077
Avg. Annual Appreciation
1.26%
Original Mortgage
$300,000
Outstanding Balance
$297,524
Interest Rate
7.1%
Mortgage Type
Seller Take Back
Estimated Equity
$260,719

Purchase Details

Closed on
Sep 11, 2021
Sold by
Letson Stephen V
Bought by
Letson Stephen V and Stephen V Letson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Letson Stephen and Letson Stephen V
Bought by
Letson Stephen V and The Stephen V Letson Living Tr

Purchase Details

Closed on
Mar 27, 2000
Sold by
Wallis Ben
Bought by
Letson Stephen

Purchase Details

Closed on
Jul 19, 1997
Sold by
Mcnorski Ray
Bought by
Wallis Ben

Purchase Details

Closed on
Oct 18, 1996
Sold by
Letson Stephen V
Bought by
Wallis Ben and Micnerski Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,529
Interest Rate
8.06%
Mortgage Type
Seller Take Back
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
Sustainable D Llc $550,000 Clear Title Agency Of Arizona
Letson Stephen V -- Amrock Inc
Letson Stephen V -- Amrock Inc
Letson Stephen V -- None Available
Letson Stephen -- --
Wallis Ben -- --
Wallis Ben $275,529 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sustainable D Llc $300,000
Closed Sustainable D Llc $140,000
Previous Owner Letson Stephen V $100,000
Previous Owner Letson Stephen V $50,000
Previous Owner Letson Stephen $80,122
Previous Owner Letson Stephen $100,300
Previous Owner Letson Stephen $40,000
Previous Owner Letson Stephen $26,400
Previous Owner Wallis Ben $275,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $550,000 0.0% $115 / Sq Ft
05/31/2024 05/31/24 For Sale $550,000 0.0% $115 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $550,000 -- $115 / 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 $1,385 $12,015 -- --
2024 $834 $11,443 -- --
2023 $834 $34,970 $6,990 $27,980
2022 $779 $28,570 $5,710 $22,860
2021 $782 $25,400 $5,080 $20,320
2020 $761 $24,320 $4,860 $19,460
2019 $2,029 $24,480 $4,890 $19,590
2018 $716 $17,710 $3,540 $14,170
2017 $637 $13,950 $2,790 $11,160
2016 $625 $11,800 $2,360 $9,440
2015 $553 $11,920 $2,380 $9,540
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2024

    Jonathan Minerick

    HomeCoin.com

    (888) 400-2513

    1 in this area

    6,627 Total Sales

    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6685627

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-63-122

Arizona Maricopa County Phoenix 85034 Central City

2541 E Adams St, Phoenix, AZ

This home is located at 2541 E Adams St, Phoenix, AZ 85034 since 02 April 2024 and is currently estimated at $564,646, approximately $117 per square foot. This property was built in 1996. 2541 E Adams St is a home located in Maricopa County with nearby schools including Wilson Primary School, Wilson Elementary School, and Camelback 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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