NOT LISTED FOR SALE

531 W Edgemont Ave Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $787,000 - $938,000

3 Beds
2 Baths
2,051 Sq Ft
$412/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $350,000 $171 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,702/month

76 Days on Market

Highlights

  • Private Pool
  • The property is located in a historic district
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2016

Truly the best value in the prestigious Willo Historic District, this classic home combines the oversized rooms of the 1940's with modern amenities and upgrades. The large living with fireplace opens to a spacious formal dining room while the huge kitchen is a chef's delight with a large pantry/ laundry room for loads of storage that vintage homes usually lack. There are three spacious bedrooms as well as an office/ library with built-in bookcases. There are two baths, one with custom glass tiled shower and jetted tub. The back yard features a sparkling pool and citrus. The 2 car garage can house vehicles or toys as a 2 car carport is also included. All this in a great location within walking to the light rail, local eateries, and Encanto park...oh, and stop and smell the roses!

Last Agent to Sell the Property

Sherry Rampy

Brokers Hub Realty, LLC License #BR102894000 Listed on: 12/03/2015

Co-Listed By

Lance Rampy

HomeSmart License #BR046937000

HomeSmart

Last Buyer's Agent

Lance Rampy

Dan Schwartz Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1948

Lot Details

  • 7,924 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,051 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • City Lights Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Unknown Vintage
  • Lou Mar Vista Subdivision, Classic Ranch Floorplan

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 118-42-118

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Avenue and Thomas Road
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1948
  • Tax Year: 2015
  • Directions: South one block to Edgemont, then east to property located in the Willo Historic District.
  • Master Model: Classic Ranch
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Lou Mar Vista
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2051.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Sprinklers In Front, Alley, Grass Front, Auto Timer H2O Front
  • Pool Features: Diving Pool, Private
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Roof: Composition
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Detached
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Historic District
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7924.0
  • Parcel #: 118-42-118
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown Vintage

Tax Info

  • Tax Annual Amount: 1862.0
  • Tax Book Number: 118.00
  • Tax Lot: 13
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Apr 18, 2016
Sold by
Kenmark Deeds Llc
Bought by
Bianco Marc and Fragomeni Francesca
Seller's Agent
Sherry Rampy
Brokers Hub Realty, LLC
Buyer's Agent
Lance Rampy
HomeSmart
List Price
$387,000
Sold Price
$350,000
Premium/Discount to List
-$37,000
-9.56%
Current Estimated Value
$845,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,607
Avg. Annual Appreciation
10.08%
Original Mortgage
$275,793
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2011
Sold by
531 West Edgemont Llc
Bought by
Kenmark Deeds Llc

Purchase Details

Closed on
Jul 12, 2010
Sold by
Bedrock Properties Inc
Bought by
531 West Edgemont Llc

Purchase Details

Closed on
Jun 5, 2007
Sold by
Cash Right Away Inc
Bought by
Bedrock Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 1996
Sold by
Couch Lopez Kay and Lopez Ernest
Bought by
Steece Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,988
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1995
Sold by
Cornejo Robin J and Lopez Ernest
Bought by
Lopez Ernest and Couch Lopez Kay

Purchase Details

Closed on
Jun 13, 1994
Sold by
Cornejo Robin J
Bought by
Eagle Group Trust
Source: Public Records

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Range of Values:

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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
Bianco Marc $355,000 Driggs Title Agency Inc
Kenmark Deeds Llc -- Security Title Agency
531 West Edgemont Llc $260,000 None Available
Bedrock Properties Inc $325,000 Commonwealth Land Title Ins
Cash Right Away Inc $285,000 Commonwealth Land Title Ins
Steece Teresa A $105,000 First American Title
Lopez Ernest -- First American Title
Eagle Group Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianco Marc $255,500
Closed Bianco Marc $275,793
Previous Owner Bedrock Properties Inc $280,000
Previous Owner Steece Teresa $202,000
Previous Owner Steece Teresa A $103,988
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2016 04/20/16 Sold $350,000 -9.6% $171 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $387,000 -- $189 / 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 $2,568 $20,464 -- --
2024 $2,481 $19,490 -- --
2023 $2,481 $30,255 $6,050 $24,205
2022 $2,467 $24,025 $4,805 $19,220
2021 $2,509 $23,100 $4,620 $18,480
2020 $2,445 $21,640 $4,325 $17,315
2019 $2,339 $20,065 $4,010 $16,055
2018 $2,262 $19,705 $3,940 $15,765
2017 $2,077 $20,010 $4,000 $16,010
2016 $2,003 $20,330 $4,065 $16,265
2015 $1,862 $17,115 $3,420 $13,695
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sherry Rampy

    Brokers Hub Realty, LLC

    (602) 230-7600

    2 in this area

    80 Total Sales

    Sherry Rampy
    Section Image
  • Lance Rampy

    Seller Co-Listing Agent in 2016

    Lance Rampy

    HomeSmart

    (602) 571-5039

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5369032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-118

Arizona Maricopa County Phoenix 85003 Willo

531 W Edgemont Ave, Phoenix, AZ

This home is located at 531 W Edgemont Ave, Phoenix, AZ 85003 since 03 December 2015 and is currently estimated at $845,607, approximately $412 per square foot. This property was built in 1948. 531 W Edgemont Ave is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle 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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