NOT LISTED FOR SALE

4411 N 53rd Ln Phoenix, AZ 85031

Estimated Value: $536,577 - $655,000

4 Beds
-- Bath
4,322 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $230,000 $53 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,335/month

45 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2017

Great Opportunity to Purchase a Multi-Unit in a great rental area. Perfect for owner occupant. 3 units are leased with good tenants. Property has 1-3 bedroom 2 bath unit/ 2-2 bedroom 2 bath units/ 1-2 bedroom 1 bath unit. Interiors can be shown with accepted offer. INFORMATION PROVIDED IS DEEMED RELIABLE BUT BUYER IS ADVISED TO VERIFY ALL INFORMATION & MATERIAL FACTS.

Last Agent to Sell the Property

Valerie ClaimingmyBlessings

1st Infinity Realty, LLC License #BR047613000 Listed on: 01/19/2017

Last Buyer's Agent

Michael Buttery

Wise Choice Properties License #BR628548000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1973

Lot Details

  • 8,886

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Schools

  • Cartwright Elementary School
  • Desert Sands Middle School
  • John F. Long High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 18
  • Assessor Parcel Number 144-44-064

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Parkway Village Subdivision

Building Details

  • Operating Expense $8,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,361

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 51st Avenue and Camelback
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2016
  • Directions: South to Campbell, West to 53rd Lane, South to Property
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Subdivision Name: PARKWAY VILLAGE
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Cartwright School
  • High School: John F. Long
  • Middle Or Junior School: Desert Sands Middle School

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 144-44-064

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Operating Expense: 8061.0

Tax Info

  • Tax Annual Amount: 2361.0
  • Tax Book Number: 144.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2018
Sold by
Natri 5 Llc
Bought by
Parkway Village Estates Homeowners Assn
Current Estimated Value
$585,394

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 7, 2017
Sold by
Rasmussen Avis Mcgriff and Bellamy Sonya
Bought by
Natri 5 Llc
Seller's Agent
Valerie ClaimingmyBlessings
1st Infinity Realty, LLC
Buyer's Agent
Michael Buttery
Wise Choice Properties
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$350,000
Interest Rate
4.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 29, 2016
Sold by
Sunstrum Jed and Sunstrum Sylvia Terezia
Bought by
Rasmussen Avis Mcgriff and Bellamy Sonya
Seller's Agent
Kyle Carr
HomeSmart Lifestyles
Buyer's Agent
Valerie ClaimingmyBlessings
1st Infinity Realty, LLC
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$142,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 8, 2013
Closed on
Dec 4, 2013
Sold by
Primemark Arizona Partners Ii Lp
Bought by
Sunstrum Jed and Sunstrum Sylvia Terezia
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Rob Hale
My Home Group Real Estate
List Price
$183,500
Sold Price
$145,000
Premium/Discount to List
-$38,500
-20.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%
Original Mortgage
$158,250
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2010
Sold by
Pnc Mortgage
Bought by
Primemark Arizona Partners Ii Lp

Purchase Details

Closed on
Nov 30, 2009
Sold by
Nguyen Tuan Frank and Nguyen Huong Tran
Bought by
Pnc Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Brokaw Robert and Brokaw Robert
Bought by
Nguyen Tuan Frank and Nguyen Huong Tran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Duarte Isidro
Bought by
Brokaw Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2002
Sold by
Duarte Maria Elena
Bought by
Duarte Isidro

Purchase Details

Closed on
Dec 11, 2001
Sold by
Treavor Lc
Bought by
Duarte Isidro

Purchase Details

Closed on
Sep 9, 1999
Sold by
The Lily Group Llc
Bought by
Treavor Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,553
Interest Rate
7.66%
Mortgage Type
Assumption

Purchase Details

Closed on
Sep 17, 1997
Sold by
Pascente Susan P
Bought by
The Lily Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,300
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 1996
Sold by
Aldana Ruben and Aldana Elsa
Bought by
Pascente Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,050
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parkway Village Estates Homeowners Assn -- None Available
Natri 5 Llc $230,000 First Arizona Title Agency
Rasmussen Avis Mcgriff $220,000 Empire West Title Agency
Sunstrum Jed $147,000 Chicago Title Agency Inc
Primemark Arizona Partners Ii Lp $121,500 First American Title Ins Co
Pnc Mortgage $103,500 None Available
Nguyen Tuan Frank $370,000 Transnation Title
Brokaw Robert $235,000 Capital Title Agency Inc
Duarte Isidro -- First Southwestern Title
Duarte Isidro $205,000 --
Treavor Lc $162,500 Chicago Title Insurance Co
The Lily Group Llc -- Chicago Title Insurance Co
Pascente Susan P $111,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasmussen Avis Mcgriff $142,000
Previous Owner Sunstrum Jed $158,250
Previous Owner Nguyen Tuan Frank $296,000
Previous Owner Brokaw Robert $188,000
Previous Owner Treavor Lc $74,553
Previous Owner Pascente Susan P $78,050
Closed Brokaw Robert $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $230,000 0.0% $53 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $230,000 +4.5% $53 / Sq Ft
03/04/2016 03/04/16 Sold $220,000 -2.2% $51 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $225,000 +55.2% $52 / Sq Ft
12/13/2013 12/13/13 Sold $145,000 -21.0% $34 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $183,500 -- $42 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,774 $16,295 -- --
2024 $2,836 $15,519 -- --
2023 $2,836 $41,130 $8,220 $32,910
2022 $2,674 $30,220 $6,040 $24,180
2021 $2,707 $27,470 $5,490 $21,980
2020 $2,565 $23,630 $4,720 $18,910
2019 $2,455 $20,530 $4,100 $16,430
2018 $2,553 $18,960 $3,790 $15,170
2017 $2,469 $17,550 $3,510 $14,040
2016 $2,361 $15,420 $3,080 $12,340
2015 $2,203 $15,010 $3,000 $12,010
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2017

    Michael Buttery

    Wise Choice Properties

    (602) 692-7861

    139 Total Sales

    Michael Buttery
    Section Image

  • K

    Seller's Agent in 2016

    Kyle Carr

    HomeSmart Lifestyles

    (602) 451-6943

    40 Total Sales

    Kyle Carr
    Section Image
  • Lester Cox

    Seller's Agent in 2013

    Lester Cox

    Real Broker

    (480) 726-0400

    16 Total Sales

    Lester Cox
    Section Image

  • K

    Seller Co-Listing Agent in 2013

    Keith Lasch

    Fathom Realty Elite

    (480) 775-7700

    Keith Lasch
    Section Image
  • Rob Hale

    Buyer's Agent in 2013

    Rob Hale

    My Home Group Real Estate

    (480) 430-4166

    291 Total Sales

    Rob Hale
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5548733

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-44-064

Arizona Maricopa County Phoenix 85031

4411 N 53rd Ln, Phoenix, AZ

This home is located at 4411 N 53rd Ln, Phoenix, AZ 85031 since 19 January 2017 and is currently estimated at $585,394, approximately $135 per square foot. This property was built in 1973. 4411 N 53rd Ln is a home located in Maricopa County with nearby schools including Marc T. Atkinson Middle School, Maryvale High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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