NOT LISTED FOR SALE

550 W Virginia Ave Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $849,700 - $975,000

4 Beds
3 Baths
2,022 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $885,000 $438 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,957/month

34 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Corner Lot
  • Phoenix Coding Academy Rated A
  • Two Primary Bathrooms
  • Eat-In Kitchen

About This Home

As of June 2022

Welcome to the heart of Midtown Phoenix- Willo is one of the most desirable historical neighborhoods in the city. This brick, 1941 built home has been completely updated while still leaving the original characteristics that give the home it's historical charm. Inside the main house you'll find a gourmet kitchen with stunning gas range, apron sink, Italian marble backsplash, exposed brick, wine fridge and two-tone cabinetry. New flooring throughout. Walk in closets and ample windows to let natural light in every room. Outside you'll find new herringbone brick walkways and large covered patio for outdoor dining and entertaining. Detached casita offers a full 1bd/1ba kitchen, shower with designer tile, tons of storage, and W/D hookup. RV GATE & PARKING.

Last Agent to Sell the Property

Barbara Hopkins

Coldwell Banker Realty License #SA673587000 Listed on: 02/17/2022

Last Buyer's Agent

Cynthia Hancock

Fathom Realty Elite License #SA016977000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1941

Lot Details

  • 8,490 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2022
  • Two Primary Bathrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 6 Open Parking Spaces
  • RV Access or Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2022
  • Wiring Updated in 2022

Additional Features

  • Patio
  • Guest House

Community Details

  • Property has a Home Owners Association
  • Association fees include no fees
  • Loma Vista Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 2
  • Assessor Parcel Number 118-42-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,699

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: Encanto/7th Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1941
  • Tax Year: 2021
  • Directions: 7th ave north from I-10, right on Virginia, home is on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: LOMA VISTA
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, 2 Master Baths, 3/4 Bath Master Bdrm
  • Living Area: 2022.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Brick
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: n/a
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: n/a
  • Association Fees:HOA Telephone4: 0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 8490.0
  • Parcel #: 118-42-042

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1699.0
  • Tax Block: 2
  • Tax Book Number: 118.00
  • Tax Lot: 22
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
H2 Properties Az Llc
Bought by
Smiley Sarah Gregory
Current Estimated Value
$906,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 26, 2021
Sold by
Black Canyon Equity Llc
Bought by
H2 Properties Az Llc
Seller's Agent
Slater Higgins
Unique Real Estate
Buyer's Agent
Justin Andrews
My Home Group Real Estate
List Price
$465,000
Sold Price
$427,000
Premium/Discount to List
-$38,000
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$462,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 25, 2021
Sold by
Martell Albert and Martell Virginia Revocable
Bought by
Black Canyon Equity Llc
Seller's Agent
Slater Higgins
Unique Real Estate
Buyer's Agent
Justin Andrews
My Home Group Real Estate
List Price
$465,000
Sold Price
$427,000
Premium/Discount to List
-$38,000
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2019
Sold by
Golladay Melissa
Bought by
Nutritional Pharmacist Llc

Purchase Details

Closed on
Oct 28, 2010
Sold by
Simon Llc
Bought by
Park Ryan and Park Diane

Purchase Details

Closed on
Oct 25, 2004
Sold by
Dy Lisa
Bought by
Dy Donald J

Purchase Details

Closed on
Jul 22, 1999
Sold by
Martell Virginia
Bought by
Martell Virginia and The Virginia Martell Revocable Living Tr

Purchase Details

Closed on
Apr 30, 1998
Sold by
Padilla George A
Bought by
Kennedy Rhonda L and Padilla Rhonda L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smiley Sarah Gregory $855,000 First American Title
H2 Properties Az Llc $424,900 Tiago National Title Llc
Black Canyon Equity Llc $427,000 Tiago National Title Llc
Nutritional Pharmacist Llc -- Chicago Title Agency Inc
Park Ryan -- None Available
Dy Donald J -- North American Title Co
Martell Virginia -- --
Kennedy Rhonda L -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smiley Sarah Gregory $855,000
Previous Owner H2 Properties Az Llc $462,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $885,000 +4.2% $438 / Sq Ft
06/04/2022 06/04/22 For Sale $849,000 0.0% $420 / Sq Ft
06/04/2022 06/04/22 Price Changed $849,000 0.0% $420 / Sq Ft
05/31/2022 05/31/22 For Sale $849,000 0.0% $420 / Sq Ft
05/31/2022 05/31/22 Price Changed $849,000 0.0% $420 / Sq Ft
03/03/2022 03/03/22 For Sale $849,000 -4.1% $420 / Sq Ft
03/02/2022 03/02/22 Off Market $885,000 -- --
02/15/2022 02/15/22 For Sale $849,000 +98.8% $420 / Sq Ft
02/25/2021 02/25/21 Sold $427,000 -8.2% $281 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $465,000 +8.9% $306 / Sq Ft
02/04/2021 02/04/21 Off Market $427,000 -- --
01/21/2021 01/21/21 For Sale $465,000 -- $306 / 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 $1,793 $13,405 -- --
2024 $1,775 $12,767 -- --
2023 $1,775 $24,910 $4,980 $19,930
2022 $1,712 $17,660 $3,530 $14,130
2021 $1,699 $17,110 $3,420 $13,690
2020 $1,719 $16,135 $3,225 $12,910
2019 $1,716 $14,700 $2,940 $11,760
2018 $1,687 $14,275 $2,855 $11,420
2017 $1,648 $13,355 $2,670 $10,685
2016 $1,600 $12,865 $2,570 $10,295
2015 $1,481 $10,530 $2,105 $8,425
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Hopkins

    Coldwell Banker Realty

  • Cynthia Hancock

    Buyer's Agent in 2022

    Cynthia Hancock

    Fathom Realty Elite

    (602) 770-2022

    1 in this area

    17 Total Sales

    Cynthia Hancock
    Section Image
  • Slater Higgins

    Seller's Agent in 2021

    Slater Higgins

    Unique Real Estate

    (602) 481-9142

    1 in this area

    22 Total Sales

    Slater Higgins
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Andrews

    My Home Group

    (602) 386-6596

    1 in this area

    64 Total Sales

    Justin Andrews
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6355995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-042

Arizona Maricopa County Phoenix 85003 Willo

550 W Virginia Ave, Phoenix, AZ

This home is located at 550 W Virginia Ave, Phoenix, AZ 85003 since 17 February 2022 and is currently estimated at $906,925, approximately $448 per square foot. This property was built in 1941. 550 W Virginia Ave is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High 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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