$422,500
SOLD MAY 30, 2017

541 W Cambridge Ave Phoenix, AZ 85003

Willo Neighborhood
3 Beds
2 Baths
1,435 Sq Ft
8,843 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

3% Below List Price

22 Days on Market

Highlights

  • Guest House
  • Private Pool
  • City Lights View
  • Phoenix Coding Academy Rated A
  • The property is located in a historic district
  • Property is near public transit

About This Home

As of August 2017

Welcome home to Willo, the premier historic district in Phoenix and top neighborhood according to Phoenix Home and Garden, the AZ Republic and Phoenix New Times. Original ranch home with 3 bedrooms, 2 baths and 1435 square feet in main house and additional 350 square feet and full bath in separate guest house. Great for a pool house Beautiful swimming pool with water features for a relaxing retreat from the outside world, in the heart of mid town Phoenix. Walk to light rail stops, close to downtown and a neighborhood the rest of Phoenix wishes they lived in! Well maintained property, with many updates over the years. Large bedrooms and living space with fantastic storage.

Last Agent to Sell the Property

Bradley Brauer

Brokers Hub Realty, LLC License #BR518104000 Listed on: 03/25/2017

Last Buyer's Agent

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1948

Lot Details

  • 8,843 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Property Views

  • City Lights
  • Mountain

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,435 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Security System Owned
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Fire Pit
  • Outdoor Storage

Location

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

Schools

  • Encanto Elementary And Middle School
  • Central High School

Utilities

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

Additional Features

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Built by John Latham
  • Loma Vista Subdivision, Ranch Floorplan

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Assessor Parcel Number 118-42-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Thomas and 7th Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1948
  • Tax Year: 2016
  • Directions: South to Cambridge, East to property
  • Master Model: Ranch
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.2
  • Subdivision Name: LOMA VISTA
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1435.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Separate Workshop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Brick
  • Other Structures: Guest House
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus 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: Encanto School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8843.0
  • Parcel #: 118-42-037
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: John Latham

Tax Info

  • Tax Annual Amount: 2056.0
  • Tax Block: 2
  • Tax Book Number: 118.00
  • Tax Lot: 17
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Foy and Lia
Bought by
Foy Family Trust
Current Estimated Value
$852,010

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 17, 2017
Sold by
Jonas Jonathon D and Banovsky Deanna M
Bought by
Foy Michael and Foy Lia
Seller's Agent
Bradley Brauer
Brokers Hub Realty, LLC
Buyer's Agent
Michele Wolff
Russ Lyon Sotheby's International Realty
Sold Price
$437,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$415,625
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2017
Closed on
May 24, 2017
Sold by
Ellexson Brian L and Ellexson Devra N
Bought by
Jonas Jonathan D and Banovsky Deanna M
Seller's Agent
Bradley Brauer
Brokers Hub Realty, LLC
Buyer's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
List Price
$435,000
Sold Price
$422,500
Premium/Discount to List
-$12,500
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%
Original Mortgage
$401,375
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2012
Closed on
Jun 20, 2012
Sold by
Steffes Michael
Bought by
Ellexson Brian L and Ellexson Devra N
Seller's Agent
Rod Hofeling
RE/MAX Foothills
Buyer's Agent
Bradley Brauer
Brokers Hub Realty, LLC
List Price
$324,900
Sold Price
$314,000
Premium/Discount to List
-$10,900
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$251,200
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Steffes Michael and Steffes Michael
Bought by
Steffes Michael A and The Ms Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,750
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2008
Sold by
Steffes Michael A
Bought by
Steffes Michael and The Ms Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,920
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2008
Sold by
Eghrari Ramin Ron and Eghrari Sonia K
Bought by
Steffes Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,920
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Goodwin Beverly L
Bought by
Eghrari Ramin Ron and Eghrari Sonia K

Purchase Details

Closed on
Jul 17, 2007
Sold by
Bates Richard F
Bought by
Goodwin Beverly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2007
Sold by
Baker Patrick and Baker Tanya
Bought by
Klever Investor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Baker Patrick
Bought by
Baker Patrick and Baker Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2002
Sold by
Baker Tanya
Bought by
Baker Patrick
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 Type Sale Price Title Company
Warranty Deed -- Frazer Ryan Goldberg & Arnold
Warranty Deed $437,500 First Arizona Title Agency L
Warranty Deed $422,500 First Arizona Title Agency L
Warranty Deed $314,000 Accommodation
Interfamily Deed Transfer -- Lsi Title Agency Inc
Interfamily Deed Transfer -- Lsi Title Agency Inc
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $309,900 First American Title Ins Co
Deed In Lieu Of Foreclosure -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $330,000 Fidelity National Title
Warranty Deed $295,000 Fidelity National Title
Interfamily Deed Transfer -- Transnation Title Insurance
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $229,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $406,000 New Conventional
Previous Owner $415,625 New Conventional
Previous Owner $401,375 New Conventional
Previous Owner $251,200 New Conventional
Previous Owner $225,750 New Conventional
Previous Owner $247,920 New Conventional
Previous Owner $313,500 Purchase Money Mortgage
Previous Owner $313,500 Purchase Money Mortgage
Previous Owner $75,000 Credit Line Revolving
Previous Owner $222,300 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $437,500 +3.6% $305 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
05/30/2017 05/30/17 Sold $422,500 -1.7% $294 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
04/06/2017 04/06/17 Price Changed $429,900 -1.2% $300 / Sq Ft
03/24/2017 03/24/17 For Sale $435,000 +38.5% $303 / Sq Ft
06/28/2012 06/28/12 Sold $314,000 -3.4% $178 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/19/2012 05/19/12 For Sale $324,900 0.0% $184 / Sq Ft
05/19/2012 05/19/12 Price Changed $324,900 +3.1% $184 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $315,000 -- $178 / 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 $2,216 $16,571 -- --
2024 $2,195 $15,782 -- --
2023 $2,195 $29,250 $5,850 $23,400
2022 $2,117 $22,855 $4,570 $18,285
2021 $2,101 $21,710 $4,340 $17,370
2020 $2,125 $20,435 $4,085 $16,350
2019 $2,121 $18,535 $3,705 $14,830
2018 $2,085 $17,930 $3,585 $14,345
2017 $2,037 $17,525 $3,505 $14,020
2016 $2,056 $16,715 $3,340 $13,375
2015 $1,903 $13,765 $2,750 $11,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5580542

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-037