NOT LISTED FOR SALE

501 W Monte Vista Rd Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $965,000 - $1,139,000

3 Beds
3 Baths
1,961 Sq Ft
$536/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $875,000 $446 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,998/month

32 Days on Market

Highlights

  • The property is located in a historic district
  • Fireplace in Primary Bedroom
  • No HOA
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • 2-minute walk to Walton Park

About This Home

As of November 2021

If you are a work-at-home professional seeking close proximity to the vibrant downtown Phoenix area, but want to live in a charming neighborhood lined with trees and iconic homes, then welcome to the incomparably beautiful Willo historic district. This amazing home has the charm of the 1930's era, but has all of the conveniences and amenities of modern living, including a separate casita that would be perfect for the work-at-home professional. The home retains most of its original exterior architectural features. The current owners have spared no expense to make this home the one-of-a-kind gem that it is. The house has been extensively remodeled on the inside, including all new LED lighting throughout to provide a light, airy, and spacious feeling; all-new kitchen cabinets, quartz countertops, and SS appliances; built-in cabinets and shelving in the dining room, which boasts a wet bar; a completely remodeled pantry and laundry room; all-new tile floors in the bedrooms; and a completely remodeled hall bathroom. There's a newly-remodeled and secluded detached casita/office behind the house that boasts its own bathroom/shower, and which can double as a guest house or additional bedroom. Don't miss this opportunity to own this one of a kind beauty!

Last Agent to Sell the Property

Rosanne Holmes

My Home Group Real Estate License #SA654834000 Listed on: 10/04/2021

My Home Group Real Estate

Last Buyer's Agent

Nicole Pilié

Compass License #SA630446000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1939

Lot Details

  • 8,699 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,961 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Stone Flooring

Kitchen

  • Built-In Microwave
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio

Location

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

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Willo Historic District/Broadmoor Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 118-50-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,133

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Avenue and McDowell Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1939
  • Tax Year: 2021
  • Directions: Traveling North on 7th Avenue turn right (East) onto Monte Vista, home is on the right,
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: WILLO HISTORIC DISTRICT/Broadmoor
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Wet Bar, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1961.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Wood Frame, Painted, Brick
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Historic District
  • 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: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8699.0
  • Parcel #: 118-50-095

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3133.0
  • Tax Block: 6
  • 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
Oct 4, 2021
Closed on
Nov 2, 2021
Sold by
Solene Roman
Bought by
Belmont Nicole Arianne
Seller's Agent
Rosanne Holmes
My Home Group Real Estate
Buyer's Agent
Nicole Pilié
Compass
List Price
$950,000
Sold Price
$875,000
Premium/Discount to List
-$75,000
-7.89%
Current Estimated Value
$1,050,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,361
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 2, 2021
Sold by
Montero Gilberto Gem
Bought by
Solene Roman
Seller's Agent
James Judge
HomeSmart
Buyer's Agent
Rosanne Holmes
My Home Group Real Estate
List Price
$725,000
Sold Price
$780,000
Premium/Discount to List
$55,000
7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$153,750
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 1, 2021
Sold by
Solene Sondra Marie and Solene Roman
Bought by
Solene Roman
Seller's Agent
James Judge
HomeSmart
Buyer's Agent
Rosanne Holmes
My Home Group Real Estate
List Price
$725,000
Sold Price
$780,000
Premium/Discount to List
$55,000
7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 26, 2020
Sold by
Zak Ventures Llc
Bought by
Montero Gilberto Gem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2020
Sold by
Montero Kami R
Bought by
Montero Gilberto Gem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2020
Sold by
Papanikolas Andrew M and Villardito Claudine A
Bought by
Zak Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2006
Sold by
Papanikolas Andrew M
Bought by
Papanikolas Andrew M and Villardito Claudine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 2001
Sold by
Villardito Claudine A
Bought by
Papanikolas Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 1998
Sold by
Papanikolas Andrew Michael
Bought by
Papanikolas Andrew Michael and Villardito Claudine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1998
Sold by
Hunt Thomas C and Hunt Stephanie A
Bought by
Papanikolas Andrew Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1997
Sold by
Carter James M and Carter Sabrina U
Bought by
Hunt Thomas C and Hunt Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
7.96%
Mortgage Type
New Conventional
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
Belmont Nicole Arianne $875,000 Fidelity Natl Ttl Agcy Inc
Solene Roman $780,000 New Title Company Name
Solene Roman -- Silo Title Agency
Montero Gilberto Gem $512,500 Magnus Title Agency Llc
Montero Gilberto Gem -- Magnus Title Agency Llc
Zak Ventures Llc $450,000 First American Title Ins Co
Papanikolas Andrew M -- Nations Title Agency
Papanikolas Andrew M -- Fidelity National Title
Papanikolas Andrew Michael -- Grand Canyon Title Agency In
Papanikolas Andrew Michael $185,000 Grand Canyon Title Agency In
Hunt Thomas C $159,900 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solene Rom $150,000
Previous Owner Solene Roman $153,750
Previous Owner Solene Roman $548,250
Previous Owner Solene Roman $548,250
Previous Owner Montero Gilberto Gem $465,000
Previous Owner Papanikolas Andrew M $300,000
Previous Owner Papanikolas Andrew M $250,000
Previous Owner Papanikolas Andrew M $75,000
Previous Owner Papanikolas Andrew Michael $175,750
Previous Owner Hunt Thomas C $143,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $875,000 -2.8% $446 / Sq Ft
10/22/2021 10/22/21 Price Changed $899,900 -4.2% $459 / Sq Ft
10/14/2021 10/14/21 Price Changed $939,500 -1.1% $479 / Sq Ft
09/26/2021 09/26/21 For Sale $950,000 +21.8% $484 / Sq Ft
03/02/2021 03/02/21 Sold $780,000 +7.6% $398 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $725,000 -- $370 / 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 $3,305 $24,714 -- --
2024 $3,273 $23,538 -- --
2023 $3,273 $31,790 $6,355 $25,435
2022 $3,157 $23,530 $4,705 $18,825
2021 $3,133 $22,630 $4,525 $18,105
2020 $3,169 $21,975 $4,395 $17,580
2019 $3,164 $20,355 $4,070 $16,285
2018 $3,110 $20,400 $4,080 $16,320
2017 $3,038 $19,500 $3,900 $15,600
2016 $2,951 $23,060 $4,610 $18,450
2015 $2,730 $19,600 $3,920 $15,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6299106

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-50-095