NOT LISTED FOR SALE

505 W Solano Dr Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $891,000 - $1,290,573

3 Beds
2 Baths
2,584 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $950,000 $368 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,366/month

9 Days on Market

Highlights

  • Private Pool
  • 0.45 Acre Lot
  • Wood Flooring
  • Madison Richard Simis School Rated A-
  • Outdoor Fireplace
  • No HOA

About This Home

As of July 2021

Bring your imagination and your plans. This home has not be on the market for more than 50 years! Located in Rancho Solano on a 19,000+ SF lot this ranch style home is ready for a new buyer. The main part of the home is 2584 SF and the casita is 300 SF. Rancho Solano is a highly desirable neighborhood with homes selling for close to $3M. The house is close to the Uptown Farmers Market, Murphy's Bridle Path, restaurants, and bars (at least 30 restaurants within 1.25 miles) This home is in Madison Simis and Meadows district and is also close proximity to Brophy, Xavier, All Saints, and St. Francis. Don't hesitate to take a look at this North Central Phoenix GEM!

Last Agent to Sell the Property

Lori Noonan

Compass License #BR573536000 Listed on: 06/18/2021

Last Buyer's Agent

Bobby Lieb

HomeSmart License #BR007861000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,130

Year Built

  • Built in 1949

Lot Details

  • 0.45 Acre Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,584 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • Property is near bus stop
  • Flood Irrigation

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Rancho Solano 2 Blk 4 Lots 11, 12 & Blks 5&6 Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 5
  • Assessor Parcel Number 162-30-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,130

Year Built

Built in 1949

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Cross Street: Central and Bethany Home
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1949
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.45
  • Subdivision Name: RANCHO SOLANO 2 BLK 4 LOTS 11, 12 & BLKS 5&6
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 367.65
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 2584.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back, Flood Irrigation
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 6.0

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 Bus Stop
  • 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: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19570.0
  • Parcel #: 162-30-054

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6130.0
  • Tax Block: 5
  • Tax Book Number: 162.00
  • Tax Lot: 13
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 16, 2021
Sold by
Kennedy Jim Colin and Johnson Kathryn Kennedy
Bought by
Debus John Nicholas and Ramella Rachel Grace
Seller's Agent
Lori Noonan
Compass
Buyer's Agent
Bobby Lieb
HomeSmart
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,107,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,143
Avg. Annual Appreciation
3.36%
Original Mortgage
$650,000
Outstanding Balance
$590,045
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$517,099

Purchase Details

Closed on
Jan 21, 2005
Sold by
Kennedy Joseph Mathias
Bought by
Kennedy Joseph Mathias and Joseph & Cecelia Kennedy Family Trust

Purchase Details

Closed on
Oct 13, 2000
Sold by
Kennedy Joseph M and Kennedy Cecelia T
Bought by
Kennedy Joseph Mathias and Kennedy Cecelia Teresa
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
Debus John Nicholas $950,000 Equitable Title Agency
Kennedy Joseph Mathias -- --
Kennedy Joseph Mathias -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debus John Nicholas $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $950,000 -2.6% $368 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $975,000 -- $377 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $7,256 $53,020 -- --
2024 $6,290 $50,496 -- --
2023 $6,290 $84,980 $16,990 $67,990
2022 $6,098 $63,920 $12,780 $51,140
2021 $6,158 $60,070 $12,010 $48,060
2020 $6,130 $61,770 $12,350 $49,420
2019 $5,924 $57,110 $11,420 $45,690
2018 $5,775 $54,710 $10,940 $43,770
2017 $5,498 $53,060 $10,610 $42,450
2016 $5,410 $49,700 $9,940 $39,760
2015 $4,866 $45,610 $9,120 $36,490
Source: Public Records

Agents Affiliated with this Home

  • Lori Noonan

    Seller's Agent in 2021

    Lori Noonan

    Compass

    (602) 402-5695

    1 in this area

    39 Total Sales

    Lori Noonan
    Section Image

  • B

    Buyer's Agent in 2021

    Bobby Lieb

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6251089

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-30-054

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

505 W Solano Dr, Phoenix, AZ

Not Listed for Sale

Detached

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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