NOT LISTED FOR SALE

Estimated Value: $1,352,157

5 Beds
4.5 Baths
3,888 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $615,000 $158 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,579/month

210 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Two Primary Bathrooms
  • Emerson Elementary School Rated 9+
  • The property is located in a historic district
  • Property is near public transit

About This Home

As of October 2015

It’s all about the LOCATION, LOCATION, LOCATION! This fabulous 1925 STORYBOOK TUDOR home is located in the heart of the Alvarado Historic District, the finest historic district East of Central Avenue! Developed and platted by Dwight Heard between 1908-1929, Alvarado contains one of the largest concentrations of historic urban estate homes. This home is one of only 28 homes within this historic district, making this a rare opportunity to live in Alvarado. These homes rarely, if ever, come on the market. Don’t miss out on this opportunity to move into this exclusive enclave! Monte Vista Road, leading to the home, is graced on both sides of the street by stately 100-year-old Russian olive trees! This home boasts solid hardwood floors throughout, coved ceilings, a new kitchen, crown molding, wood shutters, spiral staircase, original vintage tile baths, lush mature landscaping with a large diving pool, fountain system, ramada and guest house. You will love the circular driveway with plenty of parking for your entertaining needs! Don't miss out on this opportunity to live in the Midtown Arts and Museum District, where you are only steps away from light rail, world renown museums, theatres and more award winning restaurants than you can ever imagine. Come view this gorgeous home today!

Last Listed By

Nicolas Capaz

Monte Vista Realty License #BR583519000 Listed on: 01/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,888 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Solar Screens
  • Living Room with Fireplace
  • Partial Basement
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 5 Open Parking Spaces
  • 2 Carport Spaces
  • Circular Driveway

Accessible Home Design

  • Accessible Hallway
  • Hard or Low Nap Flooring

Pool

  • Heated Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Gazebo
  • Outdoor Storage

Additional Homes

  • Guest House

Location

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 118-52-041

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Los Olivos Re Amd Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,323

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Central Avenue & McDowell Road
  • 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
  • Bathrooms Year Updated: 2006
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2006
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Items Updated Plmbg Yr Updated: 2012
  • Items Updated Pool Yr Updated: 2006
  • Items Updated Roof Yr Updated: 2008
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2004
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1925
  • Tax Year: 2014
  • Directions: North on Central Avenue to Monte Vista Road. East to Property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: LOS OLIVOS RE-AMD
  • Architectural Style: Other (See Remarks)
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement: Partial
  • Flooring: Stone, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3888.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane, Vinyl Frame, Wood Frames
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Irrigation Front
  • Pool Features: Diving Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District, Biking/Walking Path
  • Amenities: Not Managed
  • 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: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12495.0
  • Parcel #: 118-52-041
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 3323.1
  • Tax Book Number: 118.00
  • Tax Lot: 70
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
Schumann Paul and Schumann Kathleen L
Bought by
Schumann-Schnier Living Trust
Total Days on Market
210
Current Estimated Value
$1,352,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$146,385
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$1,204,593

Purchase Details

Closed on
Aug 24, 2020
Sold by
Schumann Paul and Schumann Kathleen I
Bought by
Schumann Paul Bradley and Schnier Kathleen Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2020
Sold by
Schumann Paul
Bought by
Schumann Paul and Schnier Kathleen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Schnier Kathleen
Bought by
Schumann Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 20, 2015
Closed on
Aug 25, 2015
Sold by
Kubicek Robert W
Bought by
Schumann Paul
Seller's Agent
Nicolas Capaz
Monte Vista Realty
Buyer's Agent
Jonathan Knutson
HomeSmart
List Price
$697,000
Sold Price
$615,000
Premium/Discount to List
-$82,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$417,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2000
Sold by
Whitt Rod E
Bought by
Kubicek Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 1998
Sold by
Whitt Robert E and Whitt Shirley M
Bought by
Whitt Rod E

Purchase Details

Closed on
Jun 20, 1995
Sold by
Arnold Wayne C and Kilbreath Phyllis S
Bought by
Whitt Robert E and Whitt Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.9%
Mortgage Type
New Conventional

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
Schumann-Schnier Living Trust -- --
Schumann Paul -- --
Schumann Paul Bradley -- None Available
Schumann Paul -- Chicago Title Agency Inc
Schumann Paul -- Chicago Title Agency
Schumann Paul -- Security Title Agency
Schumann Paul $615,000 Lawyers Title Of Arizona Inc
Kubicek Robert W $500,000 Transnation Title Insurance
Whitt Rod E $375,000 Transnation Title Ins Co
Whitt Robert E $260,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumann Paul $150,000
Previous Owner Schumann Paul $510,000
Previous Owner Schumann Paul $75,000
Previous Owner Schumann Paul $417,000
Previous Owner Kubicek Robert W $400,000
Previous Owner Whitt Robert E $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $615,000 -11.8% $158 / Sq Ft
09/16/2015 09/16/15 For Sale $697,000 0.0% $179 / Sq Ft
08/19/2015 08/19/15 For Sale $697,000 0.0% $179 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
04/30/2015 04/30/15 Price Changed $697,000 -6.9% $179 / Sq Ft
01/20/2015 01/20/15 For Sale $749,000 -- $193 / 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 $565 $4,327 $4,327 --
2024 $560 $4,121 $4,121 --
2023 $560 $6,580 $6,580 $0
2022 $541 $4,980 $4,980 $0
2021 $541 $4,490 $4,490 $0
2020 $548 $4,410 $4,410 $0
2019 $548 $4,180 $4,180 $0
2018 $539 $4,370 $4,370 $0
2017 $513 $4,080 $4,080 $0
2016 $485 $4,270 $4,270 $0
2015 $445 $3,900 $3,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5226066

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-52-041