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$768,000

Beds
3
Baths
2.0
sq ft
1,603

1541 West Culver Street, Phoenix, AZ 85007

1541 West Culver Street

Phoenix, AZ 85007

  • 16 days on market
    • Price drop $30,900↓
Welcome home to the highly desirable FQ Story Historic Neighborhood centrally located in Downtown Phoenix, conveniently within walking distance to Roosevelt Row and the Grand Avenue Arts District. This 1936 Spanish Revival home is truly turnkey with only 3 owners in its lifetime. The main home offers 3 bedrooms, 2 bathrooms, and a bonus office room. In 2017, a complete overhaul and remodel was completed on the home where a new roof was installed and all of the water pipes were replaced with copper along with the accompanying drain lines replaced with ABS piping to include the main drain. In 2021, a massive 486 sqft addition was artfully constructed, amplifying the home to a total 1603 sqft. At the same time, A new upgraded 200 Amp electrical panel was put in along with a new natural.. gas utility and meter. The addition consists of a studio with a kitchenette, spa-like bathroom with W/D hookup, and a walk-in closet using only premium grade building materials such as brazilian oak wood floors, Turkish travertine tile and thicker plywood to help with insulation and noise control. Outside, there is an expansive 261 sqft paver patio, a 200 sqft flex space with mini split, a 418 sqft garage/workshop, a 240 volt EV charging port, and two RV gates located to the side and back of the property with a new stamped concrete driveway to boast. In January 2025 a full repainting of the home was completed, NEW stainless steel appliances such as a 3 door refrigerator, 5 burner gas stove, and dishwasher were installed and the original oak wood floors were stained, finished, and sealed. The possibilities are endless with the layout of this home and it is perfect for multigenerational families, house hacking, or savvy investors interested in collecting multiple incomes as the new addition features its own private entrance, parking, and yard. In closing, this home is enrolled in the state historic preservation office (SHPO) tax reclassification incentive effectively saving the new homeowner 40-60% off property taxes for the next 15 years. It is rare to find a historic home with this level of work completed and the unique combination of modern amenities ready for its new owners to enjoy for generations to come.

Details

Property type

Single Family Residence

Est. home value

$520,714

Lot size

7,174 sq ft

Price per sq ft

$480

Year built

1936

Annual property taxes

$1,497.16

HOA

No

Price History

02/15/2025
ArizonaRegional

ArizonaRegional #6816657

Price change
$768,000
-3.87%
02/06/2025
ArizonaRegional

ArizonaRegional #6816657

Listed
$798,900
+240.1%
08/15/2017
ArizonaRegional

ArizonaRegional #5630545

Sold
$234,900

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Phoenix #1 iAcademy

High school: 

Central High School

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mortgage Research Center Llc

Loan start date

April 2021

Original loan amount

$352,000

Est. remaining balance

$321,733

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Pamela Florian and Dennis Florian

Lender

Mortgage Research Center Llc

Loan start date

August 2017

Original loan amount

$234,900

Est. remaining balance

$198,949

Interest rate

3.9%

Loan type

VA, 30 year

Seller

Dennis Florian and Pamela Florian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 7:35 PM

Listing updated: 02/15/2025 at 12:00 PM

Listed by: Matthew W. Long, Realty Executives Phone #: (480) 948-9450

MLS: ArizonaRegional #6816657

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