
Phoenix, AZ 85013
This Historic Melrose District Residence is listed at $540,000, offering a rare chance to own in a premier Phoenix heritage pocket. While positioned above the $455,118 Fair Market Value, the price reflects the premium 10,572 sqft lot—over four times the living area—and essential mechanical upgrades including a new roof and A/C system. Boasting a Condition Rating of 4, the home features a private patio and immediate access to top-rated schools like Clarendon and Osborn Middle. This is an ideal acquisition for Owner-Occupants or historic home enthusiasts prioritizing location and long-term land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 931 W MACKENZIE Drive Subject | $540,000* List Price | 2 | 1 | 941 | $484 | - |
A 1113 W GLENROSA Avenue Sold | $511,500 | 2 | 1 | 979 | $522 | 0.1 mi |
B 1008 W AMELIA Avenue Sold | $495,000 | 3 | 2 | 1,185 | $418 | 0.2 mi |
C 828 W EARLL Drive Sold | $500,000 | 3 | 1 | 1,068 | $468 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1939 historic home is well-maintained and move-in ready, but falls into the 'fair' category due to its age and lack of recent comprehensive interior renovations. While it boasts significant mechanical upgrades like a new roof and A/C system, the kitchen is explicitly described as 'vintage,' and the single-bathroom layout is outdated by modern standards. The interior features original-style hardwood floors and older fixtures, suggesting that while functional, the property requires cosmetic and functional updates to the kitchen and bathroom to meet current market trends.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10572, living area = 941.
Situated in the heart of the sought-after Melrose District, this home offers exceptional character on a quiet, tree-lined street with immediate proximity to downtown Phoenix's best dining and entertainment.
The recent installation of a new roof and A/C system provides immediate value and peace of mind, addressing the two most costly maintenance items for a historic 1939 property.
At just 941 square feet with a vintage kitchen, the home's compact footprint and older layout may require further modernization to meet the expectations of contemporary buyers.
The 2-bedroom, 1-bathroom configuration can be a significant drawback for families or those seeking higher resale value, as modern buyers typically prefer at least two bathrooms.
Welcome to this beautifully located home in the heart of the historic Melrose district. Offering the perfect blend of comfort, character and convenience. Situated on a quiet, tree-lined street, this property provides easy access to some of the city's best dining, shopping & entertainment. Step inside to discover a light-filled interior with an inviting layout, ideal for both everyday living & entertaining. The home features spacious living area, a vintage kitchen separated by a well-appointed dining room. The generously sized bedrooms are designed for comfort & functionality. Enjoy Arizona living at its best with a large, private outdoor space perfect for relaxing, gardening or additional structures. This backyard....cont Offers endless possibilities. Recent upgrades include a new roof and A/C system, offering peace of mind and energy efficiency for years to come. Located just minutes from downtown Phoenix, top-rated restaurants, parks and major freeways, this historic home combines convenience with a beautiful and peaceful residential setting. Don't miss this opportunity to own a home in one of Phoenix's most sought-after areas!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades PK-8 • 0.6 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 6% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 941 | 1,777 | 1% |
| Lot Size | 10,572 | 8,276 | 66% |
| Price | $540.0K | $512.0K | 62% |
| Price per sq ft | $574 | $323 | 94% |
| Built year | 1939 | 1952 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 1165 | 1% |
Apr 13, 2026
$540,000
Initial Listing