2 months on rocket

518 E Western Ave, Avondale, AZ, 85323

$1,275,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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518 E Western Ave, Avondale$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingStreet Parking
Year Built1950
HeatingElectric
CoolingOther, Wall/Window Unit(s)
MLS #6756634
StatusActive

About 518 E Western Ave

Excellent investment opportunity! This unique property boasts 3 separate buildings with a total of 9 units. B has 2BR/1Bath 658 sq ft unit, building C has 2BR/1Bath 616 sq ft unit. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. Located with easy access to I-10 and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: JM Realty
  • Office Phone: (480) 785-5612
  • Listing Agent: Joseph P Mahoney

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Street Parking

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Other, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Head Northwest toward Main St, Turn right onto E Main St, Turn left onto S 4th St. Turn right onto E Western Ave .

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000

Tax Information:

  • Annual Amount: $3,755
  • Tax Year: 2021
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Housing Market Comparison

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

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Avondale, AZ

City

Med. Sold Price

$421.2K

Med. Price/SqFt

$223

Avg. Days On Market

73

# of Sold Homes

62

518 E Western Ave vs Avondale

71 DAYS ON ROCKET

-2 Days

$1,275,000

+$853.7K More

KEY TAKEAWAY

This property is $853.7K more than the Median Sold Price in Avondale, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6756634

Listing Office:

  • Office Name: JM Realty
  • Office Phone: (480) 785-5612
  • Listing Agent: Joseph P Mahoney

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: 11/23/2024, 11:20:53 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

Sep 27, 2019Home Sold
$775,000
Oct 30, 2018Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,755$43,900
2020$3,638$39,680
2019$3,087$24,800
2017$3,010$20,380

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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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.

Nearby Schools

school-card-donut-874855
4
/10

  • Imagine Avondale Elementary School

  • 950 N Elisio C. Felix Jr Way

  • 0.57 miles

  • Public Charter Grades KG-5

school-card-donut-874856
2
/10

  • Eliseo C. Felix School

  • 540 E La Pasada Blvd

  • 0.72 miles

  • Public District Grades 2-5

school-card-donut-874857
8
/10

  • Great Hearts Academies - Archway Trivium East

  • 14130 W McDowell Rd

  • 2.30 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,766. Most Avondale, AZ residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 E Western Ave

What is the listing price of this property?

The listing price of 518 E Western Ave property is $1,275,000.

What type of property is this?

The property 518 E Western Ave is a house located in Avondale, Arizona, 85323.

Is this property for sale now?

Active Listing: 518 E Western Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,755 (source: MLS/based on county public records data).

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

The last sale was on September 27, 2019 for $775,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 E Western Ave is 1950.

Rocket Homes›Arizona›Maricopa County›Avondale›85323›518 E Western Ave

This home is located at 518 E Western Ave in Avondale, AZ and zip code 85323 in the Historic Avondale neighborhood. This home was built in 1950. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,275,000.

In October 2024 more than 13 listings in Avondale, AZ were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 29 were sold below. Between September 2024 and October 2024, Avondale, AZ real estate market has seen increase in the number of listings by 1.7%. Listings spent 73 days on the market in October 2024, and had a median list price of $421,277 during the same period.

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

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