NOT LISTED FOR SALE

4434 N 53rd Ln Phoenix, AZ 85031

Estimated Value: $609,000 - $712,000

-- Bed
-- Bath
4,322 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $699,000 $162 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,762/month

19 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Carpet

About This Home

As of June 2024

DO NOT DISTURB OCCUPANTS. 4 PLEX ** One - 3 bedroom 2 bathroom, Two - 2 bedrooms 2 bathroom, One 2 bedroom 1 bathroom. All units have garages. 3 newer A/C units and one not old. Roof is 3 years old. 3 units rented. More information to come. Property cash flows well. Agents see private remarks.

Last Agent to Sell the Property

Paul Schmidt

HomeSmart License #SA115860000 Listed on: 05/01/2024

HomeSmart

Last Buyer's Agent

Mariela Elenes

EMG Real Estate License #SA691160000

EMG Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1973

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Carpet

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 144-44-048

Community Details

Overview

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

Building Details

  • Operating Expense $6,892
  • Gross Income $2
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,860

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 51st Ave and Camelback.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2023
  • Directions: 51st Ave South of Camelback. West to 53rd Lane. , Then south to the property on the right side of the road.
  • Road Surface Type: Asphalt
  • Subdivision Name: PARKWAY VILLAGE
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: Free-Standing Range, Disposal, Dishwasher
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

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
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: TBD
  • Additional Parcels: No
  • Parcel #: 144-44-048

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 1.5
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 6892.0
  • Vacancy Allowance Rate: 0.25

Tax Info

  • Tax Annual Amount: 2860.0
  • Tax Book Number: 144.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Hernandez Cinthia K
Bought by
Maricopa Rents Llc
Current Estimated Value
$665,576

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 17, 2024
Sold by
Lametti Dustin and Peta Hinds
Bought by
Hernandez Cinthia Karely
Seller's Agent
Paul Schmidt
HomeSmart
Buyer's Agent
Mariela Elenes
EMG Real Estate
List Price
$699,000
Sold Price
$699,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.76%
Original Mortgage
$629,100
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2023
Sold by
Rodriguez Elga Iris
Bought by
Felix-Udero Nancy

Purchase Details

Listed on
Feb 25, 2018
Closed on
Apr 2, 2018
Sold by
Az Investment Properties Llc
Bought by
Parkway Village Estates Homeowners Assoc
Seller's Agent
Raymond Cutler
Good Oak Real Estate
Buyer's Agent
Raymond Cutler
Good Oak Real Estate
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$244,200
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 25, 2018
Closed on
Mar 14, 2018
Sold by
Az Investment Properties Llc
Bought by
Lametti Dustin and Lametti Peta Hinds
Seller's Agent
Raymond Cutler
Good Oak Real Estate
Buyer's Agent
Raymond Cutler
Good Oak Real Estate
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,200
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2013
Sold by
Az Investment Properties Llc
Bought by
Wong Christopher Lu Wah and Wong Michelle Chew

Purchase Details

Closed on
Aug 4, 2012
Sold by
Wong Christopher Lup Wah and Wong Michelle Chew
Bought by
Az Investment Properties Llc

Purchase Details

Closed on
May 14, 2012
Sold by
Wasta Llc
Bought by
Wong Christopher Lup Wah and Wong Michelle Chew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,300
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
Sold by
Bankunited
Bought by
Wasta Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,086
Interest Rate
5.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2009
Sold by
Medina Orencio
Bought by
Bankunited and Fdic

Purchase Details

Closed on
Mar 19, 2007
Sold by
Sanchez Huberto
Bought by
Medina Orencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
9.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Mclin Lee E A
Bought by
Sanchez Huberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Its A Good Choice Investments Llc
Bought by
Mclin Lee E A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2003
Sold by
Mclin Lee E A
Bought by
Its A Good Choice Investments Llc

Purchase Details

Closed on
Jan 30, 2003
Sold by
Kavak Fuat C and Kavak Canet
Bought by
Mclin Lee E A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,810
Interest Rate
5.78%
Mortgage Type
Stand Alone Second
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
Maricopa Rents Llc -- None Listed On Document
Hernandez Cinthia Karely $699,000 Standard Title
Felix-Udero Nancy -- None Listed On Document
Parkway Village Estates Homeowners Assoc -- None Available
Lametti Dustin $285,000 Driggs Title Agency Inc
Wong Christopher Lu Wah -- Chicago Title Agency Inc
Az Investment Properties Llc -- None Available
Wong Christopher Lup Wah $179,000 Chicago Title Agency Inc
Wasta Llc $79,000 Lsi Title Agency
Bankunited $125,000 Great American Title
Medina Orencio $375,000 Security Title Agency Inc
Sanchez Huberto $317,500 Lawyers Title Ins
Mclin Lee E A -- Tsa Title Agency
Its A Good Choice Investments Llc -- --
Mclin Lee E A $225,400 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Cinthia Karely $629,100
Previous Owner Lametti Dustin $244,200
Previous Owner Wong Christopher Lup Wah $125,300
Previous Owner Medina Orencio $337,500
Previous Owner Sanchez Huberto $254,000
Previous Owner Mclin Lee E A $218,000
Previous Owner Mclin Lee E A $180,320
Closed Mclin Lee E A $47,500
Closed Sanchez Huberto $31,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $699,000 0.0% $162 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $699,000 +145.3% $162 / Sq Ft
04/23/2018 04/23/18 Sold $285,000 0.0% $66 / Sq Ft
03/24/2018 03/24/18 For Sale $285,000 0.0% $66 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/25/2018 02/25/18 Price Changed $285,000 +54.1% $66 / Sq Ft
02/25/2018 02/25/18 For Sale $185,000 -- $43 / 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 $2,798 $16,436 -- --
2024 $2,860 $15,654 -- --
2023 $2,860 $41,380 $8,270 $33,110
2022 $2,697 $30,270 $6,050 $24,220
2021 $2,730 $27,530 $5,500 $22,030
2020 $2,587 $23,720 $4,740 $18,980
2019 $2,476 $20,620 $4,120 $16,500
2018 $2,575 $19,050 $3,810 $15,240
2017 $2,490 $17,680 $3,530 $14,150
2016 $2,382 $15,520 $3,100 $12,420
2015 $2,222 $15,120 $3,020 $12,100
Source: Public Records

Agents Affiliated with this Home

  • Paul Schmidt

    Seller's Agent in 2024

    Paul Schmidt

    HomeSmart

    (602) 690-0063

    39 Total Sales

    Paul Schmidt
    Section Image
  • Mariela Elenes

    Buyer's Agent in 2024

    Mariela Elenes

    EMG Real Estate

    (480) 721-2382

    186 Total Sales

    Mariela Elenes
    Section Image
  • Sergio Elenes

    Buyer Co-Listing Agent in 2024

    Sergio Elenes

    EMG Real Estate

    (480) 617-9881

    98 Total Sales

    Sergio Elenes
    Section Image

  • R

    Seller's Agent in 2018

    Raymond Cutler

    Good Oak Real Estate

    Section Image
  • Michelle Houze

    Buyer Co-Listing Agent in 2018

    Michelle Houze

    Compass

    (480) 206-1313

    90 Total Sales

    Michelle Houze
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6696888

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-44-048

Arizona Maricopa County Phoenix 85031

4434 N 53rd Ln, Phoenix, AZ

This home is located at 4434 N 53rd Ln, Phoenix, AZ 85031 since 01 May 2024 and is currently estimated at $665,576, approximately $153 per square foot. This property was built in 1973. 4434 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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