NOT LISTED FOR SALE

505 W Edgemont Ave Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $719,000 - $841,000

3 Beds
2 Baths
1,949 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $680,000 $349 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,237/month

66 Days on Market

Highlights

  • The property is located in a historic district
  • 0.18 Acre Lot
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Property is near public transit and bus stop
  • Granite Countertops

About This Home

As of May 2024

Charming and well maintained home in Historic Willow District of Phoenix. Great curb appeal with brick walkway leading to home. Classic touches throughout.Spacious Living room with brick fireplace and picture window. Kitchen boast kitchen nook with brick wall and white cabinets. Master with private exit and room for sitting area. Spacious covered patio and free standing garage with capability to be a guest suite/office. Great condition and value in Willo. Roof replaced appx 8 years ago, HVAC replaced 6 years ago sewer lines and gas lines replaced recently. Walk to locally owned restaurants, museums, downtown, Encanto park (and golf!) Near St. Joseph's Hospital and popular downtown sporting events and concerts. Receiving property tax break for owner occupants

Last Agent to Sell the Property

Andrea Stegman

HomeSmart Realty License #SA660658000 Listed on: 02/02/2024

HomeSmart Realty

Last Buyer's Agent

Suhaila Ibrahim

Realty ONE Group License #SA695078000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1951

Lot Details

  • 7,719 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,949 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Location

  • Property is near public transit and 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

  • Grab Bar In Bathroom
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Lou Mar Vista, Willo Historic District Subdivision, Ranch Floorplan

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 118-42-108

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Thomas and 7th Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2007
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2007
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2004
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 1994
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1951
  • Tax Year: 2023
  • Master Model: Ranch
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: LOU MAR VISTA, Willo Historic District
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 348.89
  • 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
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Bath Grab Bars
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1949.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Detached
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • 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
  • 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: 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: 7719.0
  • Parcel #: 118-42-108

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1965.0
  • Tax Block: 3
  • Tax Book Number: 118.00
  • Tax Lot: 3
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
May 24, 2024
Sold by
Siegel Family Trust and Siegel Linda M
Bought by
Al Jabiri Saja
Seller's Agent
Andrea Stegman
HomeSmart Realty
Buyer's Agent
Suhaila Ibrahim
Realty ONE Group
List Price
$729,000
Sold Price
$680,000
Premium/Discount to List
-$49,000
-6.72%
Views
75
Current Estimated Value
$776,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,855
Avg. Annual Appreciation
8.46%
Original Mortgage
$544,000
Outstanding Balance
$536,783
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$240,072

Purchase Details

Closed on
Apr 21, 2010
Sold by
Siegel Jerome C and Siegel Linda M
Bought by
Siegel Jerome C and Siegel Linda M
Source: Public Records
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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
Al Jabiri Saja $680,000 Equity Title Agency
Siegel Jerome C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Jabiri Saja $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $680,000 -2.7% $349 / Sq Ft
03/22/2024 03/22/24 Price Changed $699,000 -4.1% $359 / Sq Ft
02/03/2024 02/03/24 For Sale $729,000 -- $374 / 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 $2,105 $16,207 -- --
2024 $1,965 $15,435 -- --
2023 $1,965 $26,800 $5,360 $21,440
2022 $1,954 $21,275 $4,255 $17,020
2021 $1,987 $20,475 $4,095 $16,380
2020 $1,937 $19,650 $3,930 $15,720
2019 $1,853 $17,960 $3,590 $14,370
2018 $1,791 $17,280 $3,455 $13,825
2017 $1,645 $17,140 $3,425 $13,715
2016 $1,681 $16,230 $3,245 $12,985
2015 $1,562 $13,590 $2,715 $10,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6659278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-108