tomo logo

$824,850

Beds
3
Baths
2.0
sq ft
1,495

542 West Vernon Avenue, Phoenix, AZ 85003

542 West Vernon Avenue

Phoenix, AZ 85003

  • 144 days on market
    • Price drop $10,000↓
Home is Priced below appraisal value. Appraisal available upon request. Absolutely stunning remodeled historic bungalow in the central Phoenix Willo District now offers 3 bedrooms & 2 baths in just under 1500 SqFt with an open floor plan, vaulted ceilings, and wood floors. The remodeled kitchen features all-new shaker soft-close cabinets, Quartz countertops, tiled backsplash in a modern herringbone pattern, stainless appliances including a Forno gas range, ultra-quiet Bosch dishwasher, and drawer microwave; farmhouse sink, and large island with breakfast bar and additional storage. The primary bedroom has a walk-in closet, and a barn door provides privacy for the en-suite bath complete with dual vessel sink vanity, soaking tub, and oversized walk-in shower. Two secondary bedrooms share the hall bath which has a tiled tub/shower combo. The park-like backyard was designed for entertaining with an extensive patio, built-in BBQ island, gas firepit, Koi pond, grass for kids and pets to play on, mature shade trees, block fencing, an electric gate and a detached 1.5 car garage. Great location close to downtown Phoenix for fine dining, shopping, sports events, and much more! Don't miss this great opportunity to own in the high-demand Willo District!

Details

Property type

Single Family Residence

Est. home value

$578,213

Lot size

6,882 sq ft

Price per sq ft

$552

Year built

1940

Annual property taxes

$1,694

HOA

No

Price History

02/17/2025
ArizonaRegional

ArizonaRegional #6764878

Price change
$824,850
-1.2%
11/27/2024
ArizonaRegional

ArizonaRegional #6764878

Price change
$834,850
-0.6%
10/02/2024
ArizonaRegional

ArizonaRegional #6764878

Listed
$839,850
+133.29%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Kenilworth Elementary School

Middle school: 

Phoenix Prep Academy

High school: 

Central High School

High school district: 

Phoenix Union High School District

Negotiation Insights

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

Seller could get up to

$114,469
Asking price
$824,850
Closing costs (~8% of asking)
-$65,988
Est. remaining loan balance
-$644,393
Cash to seller
$114,469

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mason Mcduffie Mortgage Corp

Loan start date

January 2023

Original loan amount

$660,000

Est. remaining balance

$644,393

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Kevin R White and Gricelda White

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: 02/23/2025 at 1:25 AM

Listing updated: 02/23/2025 at 1:02 AM

Listed by: Beth M Rider, Keller Williams Arizona Realty Phone #: (480) 767-3000

MLS: ArizonaRegional #6764878

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