NOT LISTED FOR SALE

516 W Vernon Ave Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $737,000 - $1,404,000

5 Beds
3 Baths
2,830 Sq Ft
$364/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2023

Last sale price $796,000 $281 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,073 / mo

2 Days on Market

Highlights

  • 0.16 Acre Lot
  • 1 Fireplace
  • No HOA
  • Phoenix Coding Academy Rated A
  • Great Room
  • Covered Patio or Porch

About This Home

As of June 2023

Once in a lifetime chance to own a piece of history in the beautiful Willo district. Huge home with endless possibilities for someone with a vision to make this house their own! 5 Bedroom home With Basement surrounded by all that downtown has to offer, shopping, entertainment, and fine dining. Minutes away from freeway access, parks, golf, top rated medical facilities and schools. This is a must see! Bring extra time to visit all the historic areas that this home has to offer!

Last Agent to Sell the Property

David Frankenfield

Berkshire Hathaway HomeServices Arizona Properties License #SA650969000 Listed on: 05/07/2023

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Eric Mininberg

Compass License #BR657684000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,309

Year Built

  • Built in 1958

Lot Details

  • 6,890 Sq Ft Lot
  • Grass Covered Lot

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,830 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Family Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Broadmoor Park Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 118-49-058-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,309

Year Built

Built in 1958

Lot Details

6,890 Sq Ft Lot

Parking

2

Listing Details

  • Cross Street: 7th Avenue and Thomas
  • Property Type: Residential
  • Ownership: Fee Simple
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 1980
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: BROADMOOR PARK
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 281.27
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Gas Oven, Gas Range, Washer, Dryer
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Eat-in Kitchen, Pantry, Kitchen Island, Non-laminate Counter, High Speed Internet
  • Living Area: 2830.0
  • Stories: 1

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exposure, Dirt Back, Grass Front
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Brick, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition, Tile, Shake

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

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: 6890.0
  • Parcel #: 118-49-058-A

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 5309.0
  • Tax Book Number: 118.0
  • Tax Lot: 37
  • Tax Map Number: 49.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 7, 2023
Sold by
Bought by
Seller's Agent
David Frankenfield
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Eric Mininberg
Compass
List Price
$799,000
Sold Price
$796,000
Premium/Discount to List
-$3,000
-0.38%
Views
87
Current Estimated Value
$1,029,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,270
Avg. Annual Appreciation
8.98%
Original Mortgage
$596,000
Outstanding Balance
$580,179
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$449,091

Purchase Details

Closed on
Oct 28, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.08%

Purchase Details

Closed on
Sep 13, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$796,000 Wfg National Title Insurance C
$150,000 Security Title Agency
-- Ati Title Agency
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $596,000
Previous Owner $88,000
Previous Owner $65,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $796,000 -0.4% $281 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $799,000 -- $282 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,972 $46,262 -- --
2024 $5,527 $44,059 -- --
2023 $5,527 $60,230 $12,040 $48,190
2022 $5,309 $47,820 $9,560 $38,260
2021 $5,264 $48,520 $9,700 $38,820
2020 $5,332 $45,830 $9,160 $36,670
2019 $5,323 $44,030 $8,800 $35,230
2018 $5,221 $38,480 $7,690 $30,790
2017 $5,025 $41,200 $8,240 $32,960
2016 $4,581 $39,960 $7,990 $31,970
2015 $4,173 $35,510 $7,100 $28,410
Source: Public Records

Agents Affiliated with this Home

  • David Frankenfield

    Seller's Agent in 2023

    David Frankenfield

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 363-7065

    1 in this area

    45 Total Sales

    David Frankenfield
    Section Image

  • E

    Buyer's Agent in 2023

    Eric Mininberg

    Compass

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6553628

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-49-058A

Arizona Maricopa County Phoenix 85003 Willo

516 W Vernon Ave, Phoenix, AZ

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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