16 days on rocket

Sale Pending

531 W Wilshire Dr, Phoenix, AZ, 85003

$799,000

Home List Price

$9,488*

Closing Credit

3 Bedrooms
2 Baths
1,264 SqFt
$632/SqFt
House
Schools Nearby

Location

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531 W Wilshire Dr, Phoenix$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingNatural Gas
FireplaceNone
Private PoolYes
MLS #6700041
Lot Size0.17 Acres
StatusSale Pending

About 531 W Wilshire Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,264 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (970) 946-5984
  • Listing Agent: Heather Deason

Interior Features

Interior Information:

  • Flooring Type: Concrete
  • Interior: Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Covered Patio(s), Patio, Storage

Lot Features

Lot Information:

  • Lot: Grass Front
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Franklin Police and Fire High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Kenilworth Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: South on 7th ave east on Wilshire North one 7th ave east on Wilshire

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $632/SqFt

Tax Information:

  • Annual Amount: $3,626
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$448.2K

Med. Price/SqFt

$284

Avg. Days On Market

52

# of Sold Homes

1610

531 W Wilshire Dr vs Phoenix

16 DAYS ON ROCKET

-36 Days

$799,000

+$350.7K More

$632/SqFt

+$348 More

KEY TAKEAWAY

This property is $350.7K more than the Median Sold Price and $348/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6700041

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (970) 946-5984
  • Listing Agent: Heather Deason

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:55:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2020Home Sold
$625,000
Jul 02, 2020Home Sold
$365,000
Jun 01, 2020Home Sold
$295,000
May 29, 2020Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,626$37,480
2020$4,113$35,160
2019$3,613$32,180
2017$3,484$30,110

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-7837534
4
/10

  • Kenilworth Elementary School

  • 1210 N 5th Ave

  • 0.90 miles

  • Public District Grades PK-8

High School

school-card-donut-7837535
6
/10

  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 1.05 miles

  • Public District Grades 9-12

school-card-donut-7837536
10
/10

  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 1.62 miles

  • Public District Grades 9-12

school-card-donut-7837537
3
/10

  • Central High School

  • 4525 N Central Ave

  • 1.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,007. Typical income of Phoenix, AZ residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 W Wilshire Dr

What is the listing price of this property?

The listing price of 531 W Wilshire Dr property is $799,000.

What type of property is this?

The property 531 W Wilshire Dr is a house located in Phoenix, Arizona, 85003.

Is this property for sale now?

Sale Pending: 531 W Wilshire Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 531 W Wilshire Dr are:
Kenilworth Elementary School: GreatSchools Rating 4/10
Franklin Police and Fire High School: GreatSchools Rating 6/10
Phoenix Union Bioscience High School: GreatSchools Rating 10/10
Central High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,626 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2020 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 W Wilshire Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 W Wilshire Dr is 1,264 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 W Wilshire Dr is 1940.

Rocket Homes›Arizona›Maricopa County›Phoenix›85003›531 W Wilshire Dr

This home is located at 531 W Wilshire Dr in Phoenix, AZ and zip code 85003 in the Willo neighborhood. This 1,264 square foot home, which was built in 1940, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $799,000.

In May 2024, from all listings sold in Phoenix, AZ there were more than 342 sold above asking price, over 859 sold below and more than 409 were sold right at the asked price. The inventory of homes for sale in Phoenix, AZ between April 2024 and May 2024 increased by 5%. In May 2024 median list price was $448,211 and the average listing age was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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