NOT LISTED FOR SALE

501 W Cypress St Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $862,000 - $988,000

3 Beds
2 Baths
1,558 Sq Ft
$592/Sq Ft Est. Value

Last Sold July 02, 2016

Last sale price $450,000 $289 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,234/month

Highlights

  • Private Pool
  • 1 Fireplace
  • No HOA
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • 3-minute walk to Walton Park

About This Home

As of July 2016

Excellent home in Highly Desired Willow District *
Original charm with modern updates*large corner lot*Pool and expansive outdoor entertainment area

Last Agent to Sell the Property

Susan Lincoln

HomeSmart License #SA512109000 Listed on: 05/11/2016

Last Buyer's Agent

Michele Wolff

Russ Lyon Sotheby's International Realty License #SA114448000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1935

Lot Details

  • 8,864 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 1 Car Garage

Home Design

  • Tile Roof
  • Adobe

Interior Spaces

  • 1,558 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool
  • Spa

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by Willo Historic
  • Broadmoor Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 118-50-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Thomas & 5th Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1935
  • Spa Private: Yes
  • Tax Year: 1015
  • Directions: South on 5th Ave to Cypress
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.2
  • Subdivision Name: BROADMOOR
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Spa Features: Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1558.0
  • Stories: 1
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Grass Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Adobe
  • Roof: Tile
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8864.0
  • Parcel #: 118-50-041
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Willo Historic

Tax Info

  • Tax Annual Amount: 2755.0
  • Tax Block: 3
  • Tax Book Number: 118.00
  • Tax Lot: 1
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 28, 2016
Sold by
Ricketts Cynthia A and Ricketts Daniel S
Bought by
Rourke Kevin C O and Rourke Janice O
Seller's Agent
Susan Lincoln
HomeSmart
Buyer's Agent
Michele Wolff
Russ Lyon Sotheby's International Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$923,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,054
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Ricketts Daniel S
Bought by
Ricketts Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.91%

Purchase Details

Closed on
Apr 16, 1998
Sold by
Christian Charles D
Bought by
Ricketts Daniel S and Ricketts Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
7.13%
Mortgage Type
New Conventional
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
Rourke Kevin C O $450,000 Security Title Agency Inc
Ricketts Cynthia A -- Westland Title Agency
Ricketts Daniel S $192,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricketts Cynthia A $150,000
Previous Owner Ricketts Cynthia A $161,000
Previous Owner Ricketts Cynthia A $160,000
Previous Owner Ricketts Daniel S $153,600
Previous Owner Christian Charles D $115,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2016 07/02/16 Sold $450,000 0.0% $289 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $450,000 -- $289 / 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 $2,464 $18,424 -- --
2024 $2,440 $17,547 -- --
2023 $2,440 $29,705 $5,940 $23,765
2022 $2,353 $24,105 $4,820 $19,285
2021 $2,336 $23,065 $4,610 $18,455
2020 $2,363 $21,630 $4,325 $17,305
2019 $2,359 $20,225 $4,045 $16,180
2018 $2,318 $20,465 $4,090 $16,375
2017 $2,264 $19,485 $3,895 $15,590
2016 $2,977 $25,805 $5,160 $20,645
2015 $2,755 $21,100 $4,220 $16,880
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Susan Lincoln

    HomeSmart

    Section Image
  • Michele Wolff

    Buyer's Agent in 2016

    Michele Wolff

    Russ Lyon Sotheby's International Realty

    (602) 329-2199

    6 in this area

    67 Total Sales

    Michele Wolff
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5441249

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-50-041

Arizona Maricopa County Phoenix 85003 Willo

501 W Cypress St, Phoenix, AZ

This home is located at 501 W Cypress St, Phoenix, AZ 85003 since 11 May 2016 and is currently estimated at $923,054, approximately $592 per square foot. This property was built in 1935. 501 W Cypress St is a home located in Maricopa County with nearby schools including Kenilworth Elementary 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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