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Off market
Street View
  • $2,591,900

    2031 N Alvarado Rd, Phoenix, AZ 85004

    7beds
    5,419sqft
    SingleFamily
    Built in 1923
    0.41 Acres Lot
    $2,591,900 Zestimate®
    $478/sqft
    $7,497 Estimated rent

    Home value

    $2,591,900

    $2.23M - $3.06M

    $7,497/mo

    Zestimate® history
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    $11,843/mo

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    $11,843/mo

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    What's special

    Located in the ultra-exclusive Alvarado District, this is a once-in-a-lifetime opportunity to own a unique piece of Phoenix history! Welcome to the nationally registered and lovingly restored Marcus P. Kelly House, built in 1923 on just under half an acre, and featuring a detached casita (1,128 sq ft) housing not one but TWO units! With the perfect blend of old-world charm, fine finishes, and modern-day conveniences, this estate excites, enchants, and entices. Dynamic Tabarka tile is the perfect compliment to the rich hardwood floors throughout, as are the copper sinks, bronze details, wooden beams, marble accents and other delicious Spanish details. Did I mention that part of this home was designed as a castle? (See supplemental remarks.) That's right - you will feel like royalty as you snuggle up to watch TV in the main-floor portion of this theatre-in-the-round. The circular room boasts exquisitely hand-carved woodwork and a sweeping stairway that leads to an exclusive en-suite retreat above. Or maybe spend time cooking in your drop-dead gorgeous kitchen that features an AGA stove/oven & AGA Marvel fridge, hand-painted tiles, copper finishes, a divine butler's pantry & additional storage pantry that features custom doors from Portugal. Head upstairs to soak in the master bath's hammered copper tub or play games with the family in the loft area. No matter what the angle, inside or out, this residence just looks and feels good. With over $500,000 worth of renovations and unique upgrades, virtually every surface of this property has been touched. Both units in the detached casita were completely renovated in 2015 and feature new water heaters, HVAC, roof, and more. In the generously sized yet inviting main house, all 4 1/2 bathrooms, the walls, the floors, the stair railing, the water heaters, the decks, roof, windows, HVAC, water softeners, fans/fixtures - all have been re-done. This is no white-and-grey investor flip - this is an act of love, and a way to carry on the beautiful story of this home. We can't wait to see who will write the next chapter - will it be you?

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Concrete, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,419 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Garage - Detached, On-street
    Features
    • Exterior features: Stucco, Brick, Cement / Concrete
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 11852063

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1923

    Community & neighborhood

    Location
    • Region: Phoenix

    Price history

    DateEventPrice
    3/19/2020Sold$1,484,000-7.2%$274/sqft
    Source: ARMLS #6020822 Report a problem
    3/14/2020Pending sale$1,599,900$295/sqft
    Source: HomeSmart #6020822 Report a problem
    1/8/2020Listed for sale$1,599,900+109.8%$295/sqft
    Source: HomeSmart #6020822 Report a problem
    7/31/2013Sold$762,500-4.1%$141/sqft
    Source: ARMLS #4843468 Report a problem
    2/6/2013Price change$795,000-5.9%$147/sqft
    Source: Arizona Premier Agents, LLC #4843468 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,547 +6.2%$93,135 +3%
    2024$7,106 +1%$90,460 +87.7%
    2023$7,036 +0.8%$48,193 -16.7%

    Find assessor info on the county website

    Neighborhood: Encanto

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Emerson Elementary School
    • Middle: Phoenix Prep Academy
    • High: Central High School
    • District: Phoenix Union High School District (210)

    Source: The MLS. 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

    $2,591,900