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79 W CYPRESS Street, Phoenix, AZ 85003

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For Sale

$1,100,000

3 beds • 3 baths • 1,964 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $560.08
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Welcome to the J and M Tharpe House, a stunning 1919 Craftsman Bungalow located in the heart of the iconic Willo Historic District, celebrated for its architecture and proximity to Downtown Phoenix's arts, dining, and sports venues. Listed $100,000 below comparable properties, this beautifully preserved home blends historic character with high quality renovations. A vaulted wraparound porch sets a warm tone, leading into an interior with two bedrooms, two bathrooms, original hardwood and tile flooring, and a cozy wood burning fireplace. The spacious kitchen features stone countertops, a prep sink, recessed lighting, an authentic AGA stove, and French doors that open to a lush backyard retreat. Within the past two years, the owners, one a well known interior designer, have completed extensive renovations throughout both the main house and the guest house. These updates include full electrical upgrades with exterior 50 and 30 amp power, new dimmable lighting, smooth interior walls, popcorn ceiling removal, interior painting, and restored original woodwork. Additional improvements include a new roof, custom gates, updated fixtures and toilets, keypad locks, custom roller shades, and newer water heater, washer, dryer, dishwasher, and refrigerator. The Kool Deck has been refinished, and both the guest house and laundry room feature new mini split systems. Exterior trim, eaves, and ceiling have also been painted. Set on over a quarter acre, the outdoor space includes a sparkling pebble tec pool, fruit trees, mature landscaping, and a private courtyard. The property also features a brick carriage house used as a workshop, a gated rear two car carport, and a front driveway that accommodates a 32 foot recreational vehicle and two additional vehicles. The detached 500 square foot guest house is a gem of its own, complete with hardwood floors, a full kitchen with gas hook up, a fireplace, and a poolside patio. Both homes are currently leased to medical professionals at $2,500 and $1,800 per month, making this property an exceptional income producing opportunity. All furniture available on a separate bill of sale.
MLS# 6887538

Courtesy Of Realty Executives

(480) 948-9450

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Architecture Style
    Bungalow
  • Exterior Type
    Brick, Stucco
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Wood
  • Lot Size
    0.27 Acres
  • View Type
    City

Map and Directions

Directions to 79 W CYPRESS Street, Phoenix, AZ 85003

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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