NOT LISTED FOR SALE

5016 W Pedro Ln Laveen, AZ 85339

Laveen Neighborhood

Estimated Value: $484,432 - $556,000

4 Beds
2 Baths
2,569 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $180,516 $70 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $3,176/month

34 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Vaulted Ceiling
  • Private Yard

About This Home

As of July 2012

LENDER OWNED, TURNKEY 4 BDRM/2 BATH PROPERTY IN POPULAR CHEATHAM FARMS SOUTH, 10K SF LOT, BEAUTIFUL LOW MAINT DESERT LANDSCAPING FRONT AND BACK, 3-CAR GARAGE, GREAT VIEWS OF SOUTH MTN, BACKS TO MULTI-USE PATH **CUSTOM TILE WORK AT ENTRY AND BATHS, PLANTATION SHUTTERS, HUGE LIVING ROOM W/ WOOD FLOORS, 2-WAY GAS FIREPLACE TO FAMILY ROOM, ENTERTAINMENT CENTER **KITCHEN HAS MAPLE CABINETS, BLACK QUARTZ COUNTERTOP AND APPLIANCES **LARGE MASTER SUITE, DBL SINKS AND SEPARATE SHOWER/TUB, FRENCH DOORS OPEN TO COVERED PATIO **SOLD AS IS, NO WARRANTIES EXPRESSED OR IMPLIED, NO DISCLOSURES AVAILABLE

Last Agent to Sell the Property

John Cahill

AZCO Properties, LLC License #SA561849000 Listed on: 05/08/2012

Co-Listed By

Christian Broadwell

AZCO Properties, LLC License #BR538801000

Last Buyer's Agent

Celia Jones

Realty Executives-Jones Realty & Mgmt License #BR026944000

Realty Executives-Jones Realty & Mgmt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 2004

Lot Details

  • 10,080 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,569 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Two Way Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cheatham Elementary School
  • Vista Del Sur Accelerated Middle School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 311-05-116

Community Details

Overview

  • Association fees include ground maintenance
  • Planned Development Association, Phone Number (623) 877-1396
  • Built by MERITAGE HOMES
  • Cheatham Farms South Subdivision

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Year Built

Built in 2004

Lot Details

0

HOA Fees

$68 per month

Parking

3

Listing Details

  • Cross Street: 51ST AVE & DOBBINS
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 68.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 2004
  • Tax Year: 2011
  • Directions: N ON DOBBINS; E ON DESERT DR; S ON 50TH LN; E ON PEDRO TO 2ND HOUSE ON LEFT
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: azpt01
  • Co List Office Phone: 602-476-2069
  • Subdivision Name: CHEATHAM FARMS SOUTH
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 205.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Two Way Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2569.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric, Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management
  • Association Fee: 205.0
  • Association Fee Frequency: Quarterly
  • Association Name: CHEATHAM FARMS
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: CHEATHAM FARMS
  • Association Fees:HOA Telephone4: 623-877-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PLANNED DEVELOPMENT

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cheatham Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Horse Amenities: Bridle Path Access
  • Land Lease: No
  • Lot Size Sq Ft: 10080.0
  • Parcel #: 311-05-116
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MERITAGE HOMES

Tax Info

  • Tax Annual Amount: 1581.0
  • Tax Book Number: 311.00
  • Tax Lot: 116
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Jun 20, 2012
Sold by
Pennymac Corp
Bought by
Hernandez David R and Ruiz Monica R
Seller's Agent
John Cahill
AZCO Properties, LLC
Buyer's Agent
Celia Jones
Realty Executives-Jones Realty & Mgmt
List Price
$188,900
Sold Price
$180,516
Premium/Discount to List
-$8,384
-4.44%
Current Estimated Value
$530,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,092
Avg. Annual Appreciation
8.63%
Original Mortgage
$177,245
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2012
Sold by
Ro Ryung Cha and Ro Chan Sook
Bought by
Pennymae Corp

Purchase Details

Closed on
Feb 15, 2006
Sold by
Tak Jae H and Tak Kyong S
Bought by
Ro Ryung Cha and Ro Chan Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 31, 2004
Sold by
Meritage Homes Of Arizona Inc
Bought by
Tak Jae H and Tak Kyong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
5.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hernandez David R $180,518 Fidelity Natl Title Agency I
Pennymae Corp $155,000 None Available
Ro Ryung Cha $380,000 Chicago Title Insurance Co
Tak Jae H $262,148 First American Title Ins Co
Meritage Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez David R $250,400
Closed Hernandez David R $177,245
Previous Owner Ro Ryung Cha $38,000
Previous Owner Ro Ryung Cha $304,000
Previous Owner Tak Jae H $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2012 07/26/12 Sold $180,516 +0.3% $70 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
06/08/2012 06/08/12 Price Changed $179,900 -4.8% $70 / Sq Ft
05/08/2012 05/08/12 For Sale $188,900 -- $74 / 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 $2,605 $18,739 -- --
2024 $2,556 $17,846 -- --
2023 $2,556 $36,050 $7,210 $28,840
2022 $2,479 $27,050 $5,410 $21,640
2021 $2,499 $25,510 $5,100 $20,410
2020 $2,432 $23,560 $4,710 $18,850
2019 $2,439 $21,610 $4,320 $17,290
2018 $2,320 $21,200 $4,240 $16,960
2017 $2,194 $18,610 $3,720 $14,890
2016 $2,082 $17,380 $3,470 $13,910
2015 $1,875 $16,970 $3,390 $13,580
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Cahill

    AZCO Properties, LLC

  • Christian Broadwell

    Seller Co-Listing Agent in 2012

    Christian Broadwell

    AZCO Properties, LLC

    (480) 206-1258

    2 in this area

    45 Total Sales

    Christian Broadwell
    Section Image
  • Celia Jones

    Buyer's Agent in 2012

    Celia Jones

    Realty Executives

    (602) 214-8800

    1 in this area

    9 Total Sales

    Celia Jones
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4756761

Arizona Regional Multiple Listing Service (ARMLS)

APN: 311-05-116

Arizona Maricopa County Laveen 85339 Laveen

5016 W Pedro Ln, Laveen, AZ

This home is located at 5016 W Pedro Ln, Laveen, AZ 85339 since 08 May 2012 and is currently estimated at $530,608, approximately $206 per square foot. This property was built in 2004. 5016 W Pedro Ln is a home located in Maricopa County with nearby schools including Betty Fairfax High School, Phoenix Coding Academy, and Heritage Academy Laveen.

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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