NOT LISTED FOR SALE

Estimated Value: $533,997 - $604,000

3 Beds
3 Baths
1,454 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $365,000 $251 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,211/month

4 Days on Market

Highlights

  • Guest House
  • The property is located in a historic district
  • Santa Barbara Architecture
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Private Yard

About This Home

As of May 2020

This beautiful vintage three bedroom two bath (3BR, 2BA) home is found in one of the most sought after locations being in the Woodlea-Melrose neighborhood. This wonderful home includes a one car garage attached to a stunning one bedroom one bath (1BR, 1BA) studio. ***This DETACHED CASITA makes it perfect for incoming guests/family, or a business encounter renting with AirBnB or other programs with a possibility of bringing in upwards of $1,200 monthly!*** This Woodlea Historic District is a friendly mid-town neighborhood with a family-like energy and with social neighbors and neighborhood gatherings and events. This area is filled with local businesses on the Melrose Curve and close to downtown Phoenix.

Last Agent to Sell the Property

Luis Anduray

HomeSmart License #SA689231000 Listed on: 04/02/2020

HomeSmart

Co-Listed By

Isabel Potter

West USA Realty License #BR552830000

Last Buyer's Agent

Timothy Whalen

AZ Key LLC License #SA672334000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 1947

Lot Details

  • 7,828 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 1 Car Direct Access Garage
  • 6 Open Parking Spaces

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Location

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

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Melrose Manor Tr D, Blks 3&4 Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 6
  • Assessor Parcel Number 155-38-064

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,415

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 7th Ave and Indian School Ave
  • 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: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1947
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: wusa90
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: MELROSE MANOR TR D, BLKS 3&4
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm
  • Living Area: 1454.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Private Yard
  • Lot Features: Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Direct Access, Separate Strge Area, Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 6.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, 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: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7828.0
  • Parcel #: 155-38-064

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 2415.0
  • Tax Block: 6
  • Tax Book Number: 155.00
  • Tax Lot: 9
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
May 1, 2020
Sold by
Guzman Gary and Croce Trista
Bought by
Garza Devin J and Klein Molly R
Seller's Agent
Luis Anduray
HomeSmart
Buyer's Agent
Timothy Whalen
AZ Key LLC
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$564,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,249
Avg. Annual Appreciation
8.38%
Original Mortgage
$346,750
Outstanding Balance
$309,625
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$254,624

Purchase Details

Listed on
Nov 23, 2016
Closed on
Dec 30, 2016
Sold by
Gaylor Joyce
Bought by
Guzman Gary and Guzman Trista
Seller's Agent
Danielle Frappiea
My Home Group Real Estate
Buyer's Agent
Ana Benavides
eXp Realty
List Price
$240,000
Sold Price
$255,000
Premium/Discount to List
$15,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$250,381
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2013
Sold by
Thompson Roger A and Thompson Barbara R
Bought by
Thompson Roger A and Thompson Barbara R

Purchase Details

Closed on
Apr 13, 2012
Sold by
Thompson Roger A and Thompson Barbara R
Bought by
Thompson Roger A and Thompson Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Thompson Roger A and Thompson Barbara R
Bought by
Thompson Roger A and Thompson Barbara R

Purchase Details

Closed on
Sep 16, 2003
Sold by
Thompson Roger A and Thompson Barbara R
Bought by
Thompson Roger A and Gaylor Joyce

Purchase Details

Closed on
May 26, 2003
Sold by
Thompson Roger A and Thompson Barbara R
Bought by
Thompson Roger A and Thompson Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Skaggs Robin A
Bought by
Thompson Roger A and Rowe Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Stone Florene V
Bought by
Stone Florene and Skaggs Robin A
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
Garza Devin J $365,000 Magnus Title Agency
Guzman Gary $255,000 Driggs Title Agency Inc
Thompson Roger A -- None Available
Thompson Roger A -- None Available
Thompson Roger A -- None Available
Thompson Roger A -- None Available
Thompson Roger A -- None Available
Thompson Roger A -- --
Thompson Roger A -- First American Title
Thompson Roger A $105,000 Fidelity National Title
Stone Florene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garza Devin J $346,750
Previous Owner Guzman Gary $250,381
Previous Owner Thompson Roger A $113,200
Previous Owner Thompson Roger A $109,600
Previous Owner Thompson Roger A $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $365,000 0.0% $251 / Sq Ft
04/06/2020 04/06/20 Price Changed $365,000 +4.3% $251 / Sq Ft
04/02/2020 04/02/20 For Sale $350,000 +37.3% $241 / Sq Ft
01/04/2017 01/04/17 Sold $255,000 +6.3% $175 / Sq Ft
11/23/2016 11/23/16 For Sale $240,000 -- $165 / 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 $2,639 $23,917 -- --
2024 $2,540 $22,778 -- --
2023 $2,540 $38,520 $7,700 $30,820
2022 $2,529 $30,350 $6,070 $24,280
2021 $2,604 $27,420 $5,480 $21,940
2020 $2,533 $27,260 $5,450 $21,810
2019 $2,415 $23,760 $4,750 $19,010
2018 $2,328 $24,220 $4,840 $19,380
2017 $2,118 $21,300 $4,260 $17,040
2016 $1,255 $16,020 $3,200 $12,820
2015 $1,169 $13,710 $2,740 $10,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6060765

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-38-064