$345,000
SOLD MAY 21, 2015

40 W Cambridge Ave Phoenix, AZ 85003

Willo Neighborhood
3 Beds
2 Baths
1,200 Sq Ft
8,176 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

1% Below List Price

25 Days on Market

Highlights

  • Guest House
  • The property is located in a historic district
  • Vaulted Ceiling
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Wood Flooring

About This Home

As of August 2018

One of a kind Move-In Ready Tudor home located in the highly sought after Willo District in Central Phoenix. Completely restored throughout, an absolute must see! Come for the interior, and stay for the beautifully custom designed backyard that would be any entertainer's dream! Bocce ball court, string lighting and lush grass. 2 Bedrooms 1 bathroom located in main house and 1 bedroom 1 bathroom detached casita or guest house. Home is perfect for any new family or young professional, with rental opportunity for detached guest house.

Last Agent to Sell the Property

Skyler Irvine

My Home Group Real Estate License #SA637738000 Listed on: 02/26/2015

My Home Group Real Estate

Co-Listed By

Kathryn Brontsema

My Home Group Real Estate License #SA649890000

Last Buyer's Agent

Kelly Cook

Real Broker License #SA562405000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1945

Lot Details

  • 8,176 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 1 Open Parking Space

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Security System Owned

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Guest House

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 118-43-036

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Uknown
  • Wellington Place Willo Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,984

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Central and Thomas
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2006
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2006
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2006
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2006
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2007
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1945
  • Tax Year: 2014
  • Directions: West on Thomas, South on 5th Ave, East on Cambridge. Home located on the left side of street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: Wellington Place - Willo
  • Architectural Style: Other
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Vaulted Ceiling(s)
  • Living Area: 1200.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Brick
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District, Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8176.0
  • Parcel #: 118-43-036

Building Info

  • Builder Name: Uknown

Tax Info

  • Tax Annual Amount: 1983.56
  • Tax Book Number: 118.00
  • Tax Lot: 11
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 16, 2018
Sold by
Rogers Michael
Bought by
Cohen Jordan
Seller's Agent
Beau Stump
NORTH&CO.
Buyer's Agent
Beau Stump
HomeSmart
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$666,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,499
Avg. Annual Appreciation
8.02%
Original Mortgage
$365,750
Outstanding Balance
$317,639
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$348,860

Purchase Details

Listed on
Jan 27, 2016
Closed on
Mar 11, 2016
Sold by
Oddo Kaylin
Bought by
Rogers Michael
Seller's Agent
Kelly Cook
Real Broker
Buyer's Agent
Beau Stump
HomeSmart
List Price
$380,000
Sold Price
$355,000
Premium/Discount to List
-$25,000
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$284,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2015
Closed on
May 19, 2015
Sold by
Baldwin Harry A
Bought by
Oddo Kaylin
Seller's Agent
Skyler Irvine
My Home Group Real Estate
Buyer's Agent
Kelly Cook
Real Broker
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$310,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Means Samuel T
Bought by
Baldwin Harry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
Wold Benjamin Nicols
Bought by
Anderson Jill Ann and Colman Bryant W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Means Anita
Bought by
Means Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Anderson Jill Ann and Colman Bryant W
Bought by
Means Samuel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Anderson Jill A
Bought by
Anderson Jill Ann and Colman Bryant W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Santos Leigh and Daly Leigh
Bought by
Anderson Jill Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2006
Sold by
Wold Benjamin N
Bought by
Anderson Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1998
Sold by
Grant David B and Grant Lisa A
Bought by
Daly Leigh

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
6.9%
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 Type Sale Price Title Company
Warranty Deed $385,000 Grand Canyon Title Agency
Warranty Deed $355,000 First Arizona Title Agency
Warranty Deed $350,000 Stewart Title & Trust
Warranty Deed $250,000 Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $395,500 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $260,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $110,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,750 New Conventional
Previous Owner $284,000 New Conventional
Previous Owner $310,500 New Conventional
Previous Owner $245,471 Purchase Money Mortgage
Previous Owner $39,500 Purchase Money Mortgage
Previous Owner $316,000 New Conventional
Previous Owner $39,500 Purchase Money Mortgage
Previous Owner $208,000 New Conventional
Previous Owner $110,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $385,000 -4.9% $332 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $405,000 -2.4% $349 / Sq Ft
06/18/2018 06/18/18 Price Changed $415,000 -2.4% $358 / Sq Ft
05/14/2018 05/14/18 For Sale $425,000 +19.7% $366 / Sq Ft
03/22/2016 03/22/16 Sold $355,000 -6.6% $306 / Sq Ft
01/27/2016 01/27/16 For Sale $380,000 +10.1% $328 / Sq Ft
05/21/2015 05/21/15 Sold $345,000 -1.4% $288 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $350,000 -- $292 / 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 $2,868 $26,000 -- --
2024 $2,762 $24,762 -- --
2023 $2,762 $44,870 $8,970 $35,900
2022 $2,750 $35,370 $7,070 $28,300
2021 $2,830 $33,960 $6,790 $27,170
2020 $2,754 $32,370 $6,470 $25,900
2019 $2,625 $29,110 $5,820 $23,290
2018 $2,531 $27,810 $5,560 $22,250
2017 $2,302 $25,950 $5,190 $20,760
2016 $2,216 $24,280 $4,850 $19,430
2015 $2,065 $19,670 $3,930 $15,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5242024

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-43-036