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518 W Holly Street, Phoenix, AZ, 85003

4beds
5baths
2,412sqft
$1,449,000
$601price/sqft
$8,405/moest. monthly cost
$336,200/yrincome needed

About This Home

Rare opportunity to own this 1940s-built residence that has been meticulously updated from top to bottom, offering a seamless blend of vintage soul and contemporary luxury in the coveted Willow Historic District. The light-filled living room retains its cozy charm with a classic wood-burning fireplace, while all-new flooring transitions smoothly into the dining and kitchen designed for both function and style. Enjoy brand-new, stainless steel appliances, quartz countertops, and new cabinets along with a large walk-in pantry. The large peninsula can accommodate 5 barstools , perfect for morning coffee and the dining area is perfect for entertaining. Designed for both privacy and hosting, the main home features a sprawling master complete with a fully remodeled master bathroom. Two additional bedrooms in the main house each feature their own ensuite bathrooms. Step outside to your own private resort. The backyard is anchored by a sparkling sapphire pool, perfect for the Arizona summer. Beyond the pool sits the detached guest casita, a fully self-contained sanctuary featuring the 4th bedroom and 4th bathroom. Whether used as a high-end guest suite, pool house, a quiet home office, or a rental opportunity, this space adds incredible value and versatility. Experience the charm of the 1940s with the reliability of a new remodel, brand-new roof, high-efficiency HVAC system, updated electrical, all-new plumbing, & new interior/exterior paint. Welcome home! Square Footage listed includes Casita.

Getting Around

64
WalkingSomewhat Walkable
54
TransitGood Transit
68
BikeBikeable

Schools

5/10
3/10
Central High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Composition
  • Construction materials: Stucco,Wood Siding,Lap Siding,Wood Frame,Painted,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Gas Range,Gas Oven
  • Laundry features: Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Pantry,Non-laminate Counter,Quartz Countertops,Double Vanity,Breakfast Bar,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Double Pane Windows
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump,Central Air,Ceiling Fan(s),Programmable Thmstat

Interior Area

  • Total structure area: 2,412
  • Total interior livable area: 2,412 sqft

Property

Details

  • Parcel number: 11850104

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Outdoor Pool
  • Patio & porch: Covered,Patio
  • Exterior features: Built-in Barbecue
  • Spa features: None
  • Fencing: Back Yard,Block

Lot

  • Lot size: 7,536 sqft
  • Features: North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Grass Front,Synthetic Grass Back,Auto Timer H2O Front,Auto Timer H2O Back

Parking

  • Total spaces: 2
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,326$87,912
Home Insurance $293$3,516
Property Taxes $531$6,372
Electricity $255$3,065
Total$8,405$100,860

Income You'd Need if You Spent...

35% on housing$288,171/yr
40% on housing$252,150/yr
45% on housing$224,133/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$601This listing

vs Other Active Listings

Avg $/sqft

ZIP 85003$318
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85003$495
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$1,499,000
2025-06-30Sold$865,000
2024-05-10Sold$710,000
2024-05-02Pending sale$769,000
2024-04-19Price change$769,000
2024-04-13Listed for sale$799,999
2024-04-05Pending sale$799,999
2024-03-23Price change$799,999
2024-03-05Listed for sale$819,000
1993-11-02Sold$104,000

For Sale by Agent

AgentMichelle Hammer
BrokerageHomeSmart

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