For SaleNeutral Deal19 days on market

61 W WILSHIRE Drive

61 W WILSHIRE Drive, Phoenix, AZ 85003, Phoenix, AZ 85003
$1,750,000

Listing Price

Property image 1
61 W WILSHIRE Drive, Phoenix, AZ 85003
Loc: Phoenix, AZ
Days Listed
19
Tax Assessed
$768k
Lot Size
8,551 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Kenilworth Elementary School

PK-8
0.9 mi away
3

Central High School

9-12
1.8 mi away
Haven Underwritten Market·Moderate DSCR (0.65x)

Phoenix, AZ Investment Analysis (2026)

Cap Rate: 4.08% · Median Rent: $2,450/mo · Effective Tax: 0.62%

Open Phoenix Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Spanish Colonial Revivalstucco exteriorred tile roofbrick walkwaymanicured hedgesdesert landscapingcactuscozycharmingsingle-storyarched entrywaycurb appealMediterranean influence

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.77%
Total ROI
106.0%
Cash Flow
$793/mo
DSCR
1.09
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $793/mo net cash flow with a 6.8% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.8%)
  • Strong rental demand in Phoenix
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Listed for sale$1,750,000$683
2026-08-26Listing removed$1,750,000$683
2026-07-31Pending sale$1,750,000$683
2026-07-22Listed for sale$1,750,000$683
2025-03-05Sold$1,550,000$605
2025-01-28Listed for sale$1,550,000$605
2020-04-17Sold$755,000$295
2020-03-27Listed for sale$779,000$304
2019-07-31Sold$425,000$166
2014-03-28Sold$275,100$107

Tax History

YearProperty TaxTax Assessment
2025$2,320.98$38,390
2024$2,185.1$39,085
2023$2,163.94$14,821
2022$2,087.02$21,975
2021$2,095.32$20,705
2020$2,091.8$19,840
2019$2,056.04$17,815
2018$2,056.04$16,465
2017$2,008.2$16,485
2016$3,609.94$30,900
2015$3,609.94$25,120
2014$0$22,570
2013$0$17,370
2012$0$20,260
2011$0$20,650
2010$0$27,930
2009$0$33,350
2008$0$40,050
2007$0$34,200
2006$0$18,750
2005$0$18,750
2004$0$15,650
2003$0$15,650
2002$0$11,450
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
2,561

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