NOT LISTED FOR SALE

55 W Vernon Ave Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $839,905 - $993,000

3 Beds
3 Baths
1,430 Sq Ft
$630/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $330,000 $231 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $4,924/month

28 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Encanto/Central Ave
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of May 2014

REDUCED & LOOKING FOR CASH BACKUP OFFERS NOW. CALL PAT MARTIN FOR DETAILS AT 602-432-2150. Gorgeous Tudor Style duplex in the Willo Historic District. Many of the original duplexes in Willo have been converted to single-family, so this is a rare opportunity! The West unit is 2 BR, 2 BA (the bedrooms are connected, so would be an ideal bedroom and den). The East unit is one bedroom and one bath. Both have hardwood floors and fireplaces, coved ceilings and copper supply plumbing. The sewer lines have been replaced. There is a detached garage, which is where the shared laundry is located. 10 year old dimensional shingle roof, separate HVAC for each unit. 100 block of Vernon is quiet cul-de-sac street just steps from the light rail station at Encanto and Central.

Last Agent to Sell the Property

Tom Bryant

HomeSmart License #SA025366000 Listed on: 02/03/2014

HomeSmart

Co-Listed By

Patrick Martin

HomeSmart License #SA035445000

Last Buyer's Agent

Nancy McLean

Arizona Sunset Realty License #BR005020000

Arizona Sunset Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1935

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 32
  • Assessor Parcel Number 118-48-091

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65 x 131
  • West Vernon Subdivision

Building Details

  • Operating Expense $6,990
  • Gross Income $18,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: Thomas Rd. & Central Ave.
  • Property Type: Multiple Dwellings
  • Zoning: R 1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Dedicated Street
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: West Vernon
  • Garage Yn: Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Garage Details: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Water Softener(s): Yes

Fee Information

  • Annual Water Sewer Expense: 2769.0

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 65 x 131
  • Additional Parcels: No
  • Parcel #: 118-48-091

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 18100.0
  • Annual Operating Expense: 6990.0

Tax Info

  • Tax Annual Amount: 976.0
  • Tax Book Number: 118.00
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Apr 9, 2014
Sold by
Jones Dij
Bought by
Eckroth Joel and Eckroth Leah
Seller's Agent
Tom Bryant
HomeSmart
Buyer's Agent
Nancy McLean
Arizona Sunset Realty
List Price
$415,000
Sold Price
$330,000
Premium/Discount to List
-$85,000
-20.48%
Current Estimated Value
$900,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,226
Avg. Annual Appreciation
8.98%
Original Mortgage
$256,000
Outstanding Balance
$194,681
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$705,545
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Eckroth Joel $330,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckroth Joel $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $330,000 -20.5% $231 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $415,000 -- $290 / 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 $2,649 $18,649 -- --
2024 $2,470 $17,761 -- --
2023 $2,470 $29,630 $5,925 $23,705
2022 $2,382 $22,265 $4,450 $17,815
2021 $2,364 $21,435 $4,285 $17,150
2020 $2,391 $20,505 $4,100 $16,405
2019 $2,387 $18,415 $3,680 $14,735
2018 $2,347 $35,820 $7,160 $28,660
2017 $2,454 $29,370 $5,870 $23,500
2016 $2,384 $25,730 $5,140 $20,590
2015 $2,206 $23,280 $4,650 $18,630
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tom Bryant

    HomeSmart

    Section Image
  • Patrick Martin

    Seller Co-Listing Agent in 2014

    Patrick Martin

    HomeSmart

    (602) 432-2150

    1 in this area

    46 Total Sales

    Patrick Martin
    Section Image
  • Nancy McLean

    Buyer's Agent in 2014

    Nancy McLean

    Arizona Sunset Realty

    (602) 692-3649

    11 Total Sales

    Nancy McLean
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5064251

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-48-091

Arizona Maricopa County Phoenix 85003 Willo

55 W Vernon Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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