NOT LISTED FOR SALE

502 E Willetta St Unit 1401 Phoenix, AZ 85004

Downtown Phoenix Neighborhood

Estimated Value: $1,065,000 - $1,404,000

2 Beds
1 Bath
880 Sq Ft
0.31 Acres

Highlights

  • No HOA
  • Eat-In Kitchen
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Double Pane Windows
  • 2-minute walk to Townsend Park

About This Home

As of March 2020

Are you missing that big town feel, the twinkling of a downtown skyline, Welcome to 502 E Willetta. This almost 900 sqft 2bed 1 bath offers inside laundry, full size kitchen large living room, lots of inside/ outside storage. Ceiling fans in every room, dual pained windows- all appliances run off electric (no gas bill). Each unit comes with your own outside private space ( each unit has its own private yard)-to plant, BBQ, Entertain. Pets of all shapes and sizes welcomed and your 4 legged friend does not pay rent. Ask about our double yard unit. 1 garage space per unit. Close to ASU downtown and even closer to the ever expanding Banner University Medical Center. Easy freeway access and a Starbucks at the end of the street. This property has commercial zoning. The owner will allow the sale of Art, and antiques. Are you an intern at Banner ask about our various packages

Last Agent to Rent the Property

Daniel Feld

Rocket Realty License #BR112394000 Listed on: 03/02/2020

Last Renter's Agent

Kristen Sweeney

eXp Realty License #BR654613000

eXp Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1951

Lot Details

  • Wood Fence
  • Block Wall Fence

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tile Flooring
  • Eat-In Kitchen
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 3/2/20
  • Rent includes water, sewer, rental tax, garbage collection
  • 12-Month Minimum Lease Term
  • Legal Lot and Block 1 / 20
  • Assessor Parcel Number 111-37-051

Community Details

Overview

  • No Home Owners Association
  • East Evergreen Addn Blks 3 6, 11&12 Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,353

Year Built

Built in 1951

Lot Details

0

Parking

1

Rental Info

  • Rent Includes: Water, Sewer, Rental Tax, Garbage Collection
  • Available Date: 2020-03-02

Listing Details

  • Cross Street: 5th street and Mcdowell
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1951
  • Non Assistive Animals: Yes
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South of Mcdowell on the East side of 5th street just north of WIlletta
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: EAST EVERGREEN ADDN BLKS 3-6, 11&12
  • Property Attached Yn: Yes
  • Windows:Dual Pane: Yes
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Negotiable
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 880.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Vinyl Frame
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Alley, Dirt Back, Gravel/Stone Front
  • Disclosures: None
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Emerson Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size Sq Ft: 13300.0
  • Parcel #: 111-37-051

Building Info

  • Builder Name: unk

Tax Info

  • Tax Block: 20
  • Tax Book Number: 111.00
  • Tax Lot: 1
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Saks Shani S
Bought by
Murugesan Mani
Current Estimated Value
$1,181,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Outstanding Balance
$873,936
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$307,163

Purchase Details

Closed on
Jan 13, 2021
Sold by
Feld Daniel Louis
Bought by
Saks Shani S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2021
Sold by
Heartland Properties Llc
Bought by
Saks Shani S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Rankin Bruce L and Carmody Tom
Bought by
Heartland Properties Llc

Purchase Details

Closed on
Jan 31, 2002
Sold by
Carmody Thomas E
Bought by
Rankin Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2001
Sold by
The Madar Trust and Pugh Kimmon
Bought by
Carmody Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 1999
Sold by
Equinox Properties Llc
Bought by
The Madar Trust

Purchase Details

Closed on
Nov 23, 1998
Sold by
Roseberry Jerry
Bought by
Equinox Properties Llc

Purchase Details

Closed on
Mar 24, 1995
Sold by
Roseberry Jerry L
Bought by
Haney David and Goldmark Trust #005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,102
Interest Rate
8.86%
Mortgage Type
Seller Take Back
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
Murugesan Mani $1,120,000 Equitable Title
Saks Shani S -- Magnus Title Agency
Saks Shani S -- Magnus Title Agency
Heartland Properties Llc $385,000 Wfg National Title Ins Co
Rankin Bruce L $180,000 Land Title Agency
Carmody Thomas E $280,000 Land Title Agency
The Madar Trust -- --
Equinox Properties Llc $109,000 --
Haney David $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murugesan Mani $896,000
Previous Owner Saks Shani S $510,000
Previous Owner Rankin Bruce L $177,219
Previous Owner Haney David $109,102
Closed Haney David $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2020 03/21/20 Rented $1,500 0.0% --
03/13/2020 03/13/20 Under Contract -- -- --
03/02/2020 03/02/20 For Rent $1,500 -- --
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 $1,353 $10,121 -- --
2024 $1,340 $9,639 -- --
2023 $1,340 $68,160 $13,630 $54,530
2022 $1,293 $35,450 $7,090 $28,360
2021 $1,283 $33,250 $6,650 $26,600
2020 $1,298 $28,010 $5,500 $22,510
2019 $1,296 $24,120 $4,740 $19,380
2018 $1,274 $22,330 $4,390 $17,940
2017 $1,244 $19,540 $3,840 $15,700
2016 $1,208 $17,270 $3,390 $13,880
2015 $1,118 $11,800 $2,320 $9,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6044542

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-37-051