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Sold for $850,000
  • $850,000

    531 W Wilshire Drive, Phoenix, AZ 85003

    3beds
    2baths
    1,264sqft
    Single Family Residence
    Built in 1940
    7,484 Square Feet Lot
    $826,900 Zestimate®
    $672/sqft
    $3,484 Estimated rent

    Home value

    $826,900

    $736,000 - $926,000

    $3,484/mo

    Zestimate® history
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    What's special

    WELCOME HOME TO THE WILLO !! COMPLETELY restored and remodeled in 2020, this enchanting gem offers a 3BR/2BA main house with its original 1940's brick kitchen that oozes character, paired with a quaint 1BR/1BA casita perfect for out of town visitors, a private detached office space or OFFSET your mortgage with an Airbnb. Relish in a home where unmatched historic charm meets modern living. Step out to a backyard that's an entertainer's dream, complete with a pool, sun-soaked patio and plenty of space for all the bikes. Minutes from downtown Phoenix, you're close to top restaurants and vibrant hotspots. It's a rare find where nostalgia and convenience so beautifully intertwine! What are you waiting for, come tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Deason 970-946-5984,

    eXp Realty

    Bought with:

    Bridget Trujillo, SA703614000

    My Home Group Real Estate

    Source: ARMLS,MLS#: 6700041MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop
    Features
    • Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
    • Flooring: Concrete
    • Has basement: No
    Interior area
    • Total structure area: 1,264
    • Total interior livable area: 1,264 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Open
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Storage
    • Has private pool: Yes
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 7,484 Square Feet
    • Features: Grass Front, Grass Back
    Details
    • Additional structures: Guest House
    • Parcel number: 11849025

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Historic District
    • Subdivision: Willo Historic District
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $672/sqft
    • Tax assessed value: $602,600
    • Annual tax amount: $3,766
    • Date on market: 5/17/2024
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/23/2024Sold$850,000+6.4%$672/sqft
    Source: ARMLS #6700041 Report a problem
    5/23/2024Pending sale$799,000$632/sqft
    Source: ARMLS #6700041 Report a problem
    5/17/2024Listed for sale$799,000+27.8%$632/sqft
    Source: ARMLS #6700041 Report a problem
    5/1/2024Listing removed--
    Source: ARMLS #6684460 Report a problem
    4/5/2024Price change$4,200-6.7%$3/sqft
    Source: ARMLS #6684460 Report a problem
    3/30/2024Listed for rent$4,500+7.8%$4/sqft
    Source: ARMLS #6684460 Report a problem
    3/29/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/11/2024Price change$4,175-16.1%$3/sqft
    Source: Zillow Rentals Report a problem
    2/29/2024Listed for rent$4,975+192.6%$4/sqft
    Source: Zillow Rentals Report a problem
    4/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/27/2023Price change$1,700-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    3/23/2023Price change$1,800-7.7%$1/sqft
    Source: Zillow Rentals Report a problem
    3/13/2023Price change$1,950-13.3%$2/sqft
    Source: Zillow Rentals Report a problem
    3/9/2023Listed for rent$2,250$2/sqft
    Source: Zillow Rentals Report a problem
    10/2/2020Sold$625,000$494/sqft
    Source: ARMLS #6122444 Report a problem
    8/25/2020Pending sale$625,000$494/sqft
    Source: HomeSmart #6122444 Report a problem
    8/25/2020Listed for sale$625,000+71.2%$494/sqft
    Source: HomeSmart #6122444 Report a problem
    7/2/2020Sold$365,000+23.7%$289/sqft
    Source: Public Record Report a problem
    6/1/2020Sold$295,000$233/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,056 +6.7%$60,260 -4.4%
    2024$3,803 +1%$63,010 +116.6%
    2023$3,767 +4%$29,095 -25.6%
    2022$3,622 -11.9%$39,120 +4.4%
    2021$4,113 +11.8%$37,480 +6.6%
    2020$3,678 +1.8%$35,160 +9.3%
    2019$3,613 $32,180 +2.5%
    2018$3,613 +3.7%$31,400 +4.3%
    2017$3,484 +13%$30,110 -4.4%
    2016$3,084 -0.5%$31,510 +22.9%
    2015$3,101 $25,630 +8.7%
    2014-- $23,570 +38.2%
    2013-- $17,050 -1.8%
    2012-- $17,370 -13.8%
    2011-- $20,150 -22.1%
    2010-- $25,880 -20.3%
    2009-- $32,460 -10.3%
    2008-- $36,200 +17.7%
    2007-- $30,750 +65.3%
    2006-- $18,600
    2005-- $18,600 +25.3%
    2004-- $14,850
    2003-- $14,850 +38.1%
    2002-- $10,750
    Find assessor info on the county website

    Neighborhood: Encanto

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kenilworth Elementary School
    • Middle: Phoenix Prep Academy
    • High: Central High School
    • District: Phoenix Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $826,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $826,900