NOT LISTED FOR SALE

503 Mayor Ave Bisbee, AZ 85603

Estimated Value: $308,984 - $384,000

3 Beds
1 Bath
911 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $245,000 $269 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,064/month

72 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Eat-In Kitchen
  • Furnished
  • Balcony
  • 4-minute walk to Higgins Park

About This Home

As of November 2021

Beautiful renovated home in Old Bisbee. Home has new floors, paint inside and out, window coverings, doors, baseboard and casings, new bathroom shower, toilet and sink, New Trex Decking on East side of property for sitting and enjoying life in Old Bisbee. Small backyard for Grilling and sitting in the shade, walking distance to bars and restaurants, Patio area in front with views of the eclectic Bisbee homes, Giant shade tree. Home can come furnished for those that want to make into a short term rental/VRBO/ or Air BNB. Gas stove and Water Heater, New natural gas lines run to the house this winter. Metal roof, Gabion Front for Aesthetics.

Last Agent to Sell the Property

Sam Franko

Keller Williams Southern AZ License #SA695793000 Listed on: 07/19/2021

Keller Williams Southern AZ

Last Buyer's Agent

Gabriel Rivera

Fathom Realty License #SA683954000

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 1915

Lot Details

  • 2,221 Sq Ft Lot
  • Desert faces the front of the property
  • Wood Fence
  • Wire Fence

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Metal Roof

Interior Spaces

  • 911 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Floors Updated in 2021
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2021
  • 1 Bathroom

Parking

  • Off-Site Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is below another unit

Schools

  • Bisbee High Middle School
  • Bisbee High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Old Bisbee Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 103-59-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Tombstone Cyn
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2020
  • Separate Den Office Sep Den Office: N
  • Year Built: 1915
  • Tax Year: 2021
  • Directions: Tombstone Canyon to Garden to Mayer
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: Old Bisbee
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Furnished(See Rmrks), Laminate Counters
  • Living Area: 911.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wood, Wire
  • Exterior Features: Balcony
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Above
  • Construction Type: Spray Foam Insulation, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Parking Features: Unassigned, Off Site
  • Attached Garage: No
  • Parking Features:Off Site: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Window/Wall Unit
  • Heating: Floor Furnace, Wall Furnace
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:WallFloor Heat: Yes

Condo/Co-op/Association

  • 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

  • High School: Bisbee High School
  • Junior High Dist: Bisbee Unified District
  • Middle Or Junior School: Bisbee High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2221.0
  • Parcel #: 103-59-001

Building Info

  • Builder Name: n/a

Tax Info

  • Tax Annual Amount: 1185.0
  • Tax Book Number: 103.00
  • Tax Lot: 1
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Nov 9, 2021
Sold by
Franko Samuel W and Franko Dona R
Bought by
Muriset Dean and Hannon Lynn Christine
Seller's Agent
Sam Franko
Keller Williams Southern AZ
Buyer's Agent
Gabriel Rivera
Fathom Realty
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Current Estimated Value
$344,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,827
Avg. Annual Appreciation
9.03%
Original Mortgage
$192,000
Outstanding Balance
$177,771
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$161,285

Purchase Details

Closed on
Sep 30, 2019
Sold by
Jarvik Tyler and Jarvik Tanya
Bought by
Franko Samuel W and Franko Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,555
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2019
Sold by
Jarvik Tyler and Jarvik Tanya
Bought by
Franko Samuel W and Franko Dona R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,555
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Wilkey Donald R and Wilkey Leah
Bought by
Jarvik Tyler and Jarvik Tanya
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
Muriset Dean $240,000 Pioneer Title Agency Inc
Franko Samuel W $78,300 Pioneer Title Agency Inc
Franko Samuel W -- Pioneer Title
Jarvik Tyler $110,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muriset Dean $192,000
Previous Owner Franko Samuel W $66,555
Previous Owner Franko Samuel W $66,555
Previous Owner Franko Samuel W $66,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $245,000 0.0% $269 / Sq Ft
09/07/2021 09/07/21 Price Changed $245,000 -5.7% $269 / Sq Ft
07/22/2021 07/22/21 For Sale $259,900 +6.1% $285 / Sq Ft
07/22/2021 07/22/21 Off Market $245,000 -- --
07/20/2021 07/20/21 For Sale $259,900 +6.1% $285 / Sq Ft
07/20/2021 07/20/21 Off Market $245,000 -- --
07/19/2021 07/19/21 For Sale $259,900 -- $285 / 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
2024 $2,217 $22,942 $3,820 $19,122
2023 $2,110 $18,492 $2,800 $15,692
2022 $1,420 $11,247 $2,800 $8,447
2021 $1,419 $11,029 $2,800 $8,229
2020 $1,185 $0 $0 $0
2019 $1,190 $0 $0 $0
2018 $1,243 $0 $0 $0
2017 $1,179 $0 $0 $0
2016 $1,151 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Franko

    Seller's Agent in 2021

    Sam Franko

    Keller Williams Southern AZ

    (520) 401-1101

    10 in this area

    181 Total Sales

    Section Image

  • G

    Buyer's Agent in 2021

    Gabriel Rivera

    Fathom Realty

    (520) 364-2437

    1 in this area

    49 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6266957

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-59-001

Arizona Cochise County Bisbee 85603

503 Mayor Ave, Bisbee, AZ

This home is located at 503 Mayor Ave, Bisbee, AZ 85603 since 19 July 2021 and is currently estimated at $332,246, approximately $364 per square foot. This property was built in 1915. 503 Mayor Ave is a home located in Cochise County with nearby schools including Greenway Primary School, Lowell School, and Bisbee 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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