$1,550,000
SOLD MAR 5, 2025
2 Beds
3 Baths
1,561 Sq Ft
8,551 Sq Ft Lot

Recently Sold

$993 Per Sq Ft

Highlights

  • Guest House
  • Heated Spa
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • The property is located in a historic district
  • Vaulted Ceiling

About This Home

As of March 2025

Possibly the most highly upgraded home in Downtown Phx; This highly anticipated home is a rare work of art that only comes around once in a blue moon. Located in the heart of the Willo Historic District; this is the work of esteemed Designer Trent Hancock. This property boasts approximately 2,600 total square feet with a two story casita that borders a raised designer pool, spa and sunken firepit area with a steel shade screen feature and a 1,600 square foot main residence with all the bells and whistles you could dream of. This property is highly landscaped with an outdoor bbq, custom steel planters and mature desert plants and cactus. The main house interior has one of the most grand entry living rooms of any home downtown; featuring a vaulted Spanish style ebony wood ceiling and the original hardwood floors and an epic tiered Spanish fireplace. A dining room with a coffered wood ceiling and wet bar leads you to a new modern gourmet kitchen with Wolf/ Sub zero appliances and LED lit cabinets all with Sonos surround speakers leading to a lush backyard through floor to ceiling custom steel and glass doors. A luxe owners suite boasts a highly modernized bathroom that features a stand alone tub and walk in shower and also faces the pool and spa. Detached from the main house is a completely remodeled guest house/ casita. Downstairs features a vaulted exposed wood entry with cascading natural light pouring through skylights and feels like a Parisian artists Loft. This house won an ICONIC award for Historic Preservation and a Gold Nugget award from the Pacific Coast Builder Conference for best renovated home and was featured in Phoenix Home and Garden, a Waymo commercial, Zillow and Vrbo. When the owners travel they have had the home very successfully featured as an Airbnb.

The owner spared no expense with this Historic; 100 year old Spanish Colonial residence that looks and feels more like a 5 star resort. Fully Modernized yet completely retaining its Historic charm; this home will leave you speechless.

Last Agent to Sell the Property

Joel Contreras

HomeSmart License #SA556817000 Listed on: 01/27/2025

HomeSmart

Last Buyer's Agent

Shanna Day

Keller Williams Realty Phoenix License #SA629265000

Keller Williams Realty Phoenix

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1925

Lot Details

  • 8,551 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf

Parking

  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,561 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Unfinished Basement
  • Partial Basement
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Pool

  • Heated Spa
  • Private Pool

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Guest House
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Wilshire Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 118-48-126

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,185

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 3rd Ave and Wilshire Dr
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1925
  • Spa Private: Yes
  • Tax Year: 2024
  • Directions: From 7th Ave, turn East onto Wilshire Dr. Continue past 5th Ave and 3rd Ave. Home is on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: WILSHIRE PLACE
  • Architectural Style: Contemporary, Spanish
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Partial
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: None, Heated, Private
  • Appliances: Gas Cooktop, Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1561.0
  • Stories: 1
  • Window Features: Dual Pane
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Historic District: Yes
  • Basement Description:Unfinished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Brick
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • 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

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: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8551.0
  • Parcel #: 118-48-126

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 2185.0
  • Tax Book Number: 118.00
  • Tax Lot: 5
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Feb 27, 2025
Sold by
Hancock John Trent
Bought by
Yeates Emily
Seller's Agent
Joel Contreras
HomeSmart
Buyer's Agent
Shanna Day
Keller Williams Realty Phoenix
List Price
$1,550,000
Sold Price
$1,550,000
Views
3
Current Estimated Value
$1,508,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,451
Avg. Annual Appreciation
-8.30%
Original Mortgage
$930,000
Outstanding Balance
$928,459
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$567,452

Purchase Details

Listed on
Mar 27, 2020
Closed on
Apr 14, 2020
Sold by
61 Wilshire Llc
Bought by
Hancock John Trent
Seller's Agent
Michael Steck
RETSY
Buyer's Agent
Trent Hancock
Camelot Homes, Inc.
List Price
$779,000
Sold Price
$755,000
Premium/Discount to List
-$24,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Original Mortgage
$725,393
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2019
Sold by
Gough Aaron R
Bought by
61 Wilshire Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2015
Sold by
Central Valley Property Investments Llc
Bought by
Gough Aaron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2014
Sold by
Shannon John A
Bought by
Central Valley Property Investments Llc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Shannon John A
Bought by
Shannon John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.81%
Mortgage Type
New Conventional
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

Date Type Sale Price Title Company
Warranty Deed $1,550,000 Lawyers Title Of Arizona
Warranty Deed $755,000 Valleywide Title Agency
Warranty Deed $425,000 Valleywide Title Agency
Warranty Deed -- Accommodation
Trustee Deed $275,100 None Available
Interfamily Deed Transfer -- Sonoran Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $930,000 New Conventional
Previous Owner $740,000 New Conventional
Previous Owner $140,000 Credit Line Revolving
Previous Owner $725,393 Commercial
Previous Owner $565,000 Commercial
Previous Owner $240,750 New Conventional
Previous Owner $237,000 New Conventional
Previous Owner $13,400 Unknown
Previous Owner $21,866 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $1,550,000 0.0% $993 / Sq Ft
01/28/2025 01/28/25 For Sale $1,550,000 0.0% $993 / Sq Ft
12/31/2024 12/31/24 Price Changed $1,550,000 +105.3% $993 / Sq Ft
04/17/2020 04/17/20 Sold $755,000 -3.1% $484 / Sq Ft
03/27/2020 03/27/20 For Sale $779,000 -- $499 / 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 $2,185 $16,340 -- --
2024 $2,164 $15,562 -- --
2023 $2,164 $32,285 $6,455 $25,830
2022 $2,087 $21,975 $4,395 $17,580
2021 $2,071 $20,705 $4,140 $16,565
2020 $2,095 $19,840 $3,965 $15,875
2019 $2,092 $17,815 $3,560 $14,255
2018 $2,056 $16,465 $3,290 $13,175
2017 $2,008 $16,485 $3,295 $13,190
2016 $3,902 $30,900 $6,180 $24,720
2015 $3,610 $25,120 $5,020 $20,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6798594

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-48-126