NOT LISTED FOR SALE

5031 E Osborn Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,200,000 - $1,372,000

4 Beds
2.5 Baths
2,643 Sq Ft
$493/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $1,075,000 $407 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,175/month

26 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Mountain View
  • Tavan Elementary School Rated A
  • 0.32 Acre Lot
  • Corner Lot

About This Home

As of April 2023

A truly rare opportunity- this 1/3 acre, corner, N/S property is situated in the sought-after Lower Arcadia neighborhood of Osborn Estates. One of the largest lots in the neighborhood- this home includes the bonuses of a driveway entrance on the side street of 50th Place, block construction & a full concrete tile roof. The 2-car garage is adjacent to an additional covered carport with RV gate. A charming front patio with amazing Camelback Mountain views overlooks the beautiful tree-lined street. Close to three SUSD schools and the Veritas Academy, & blocks from the Arizona Country Club, Camelback Mountain, the Arizona Canal Path, and endless shopping & restaurant choices- this home boasts 4 spacious bedrooms, 2-1/2 baths, a formal dining room, & a living room with fireplace. A separate family room with wooden beams & kitchen complete with hickory cabinets & cozy breakfast room both open to a wonderful covered patio overlooking the private play pool & large grassy backyard area. This property has great potential for a primary owner looking for a comfortable move-in ready home with opportunities to personalize in the future or for an investor looking for a no-HOA income generator or a prime buildable lot in this esteemed neighborhood.

Last Agent to Sell the Property

Laurie Traeger

Montebello Fine Properties License #SA542667000 Listed on: 02/15/2023

Last Buyer's Agent

Shawna Warner

RETSY License #SA114065000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 1955

Lot Details

  • 0.32 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 1 Carport Space
  • Garage Door Opener
  • RV Gated

Home Design

  • Cellulose Insulation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,643 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Osborn Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 128-18-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,005

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 48th Street & Osborn
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2004
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1955
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Subdivision Name: OSBORN ESTATES
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 406.73
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2643.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Alley, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Back, Irrigation Front
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Blown Cellulose, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14016.0
  • Parcel #: 128-18-002

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4005.0
  • Tax Book Number: 128.00
  • Tax Lot: 2
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 17, 2023
Sold by
Askins Herbert Michael
Bought by
Davis Megan
Seller's Agent
Laurie Traeger
Montebello Fine Properties
Buyer's Agent
Shawna Warner
RETSY
List Price
$1,075,000
Sold Price
$1,075,000
Views
9
Current Estimated Value
$1,304,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,230
Avg. Annual Appreciation
7.60%
Original Mortgage
$860,000
Outstanding Balance
$836,316
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$467,914

Purchase Details

Closed on
Mar 2, 2012
Sold by
Askins Jamie L
Bought by
Askins Herbert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Krakora John P and Krakora Kathy L
Bought by
Askins Herbert Michael and Askins Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1999
Sold by
Krakora Margaret M
Bought by
Krakora John P and Krakora Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.9%

Purchase Details

Closed on
Feb 13, 1996
Sold by
Federal Deposit Insurance Corporation
Bought by
Krakora James J and Krakora Margaret M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Megan $1,075,000 Premier Title Agency
Askins Herbert Michael -- Lawyers Title Of Arizona Inc
Askins Herbert Michael $354,925 Capital Title Agency Inc
Krakora John P -- Old Republic Title Agency
Krakora James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Megan $860,000
Previous Owner Askins Herbert Michael $271,500
Previous Owner Askins Herbert Michael $248,000
Previous Owner Krakora John P $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $1,075,000 0.0% $407 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $1,075,000 -- $407 / 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 $3,868 $51,681 -- --
2024 $3,600 $47,274 -- --
2023 $3,600 $81,860 $16,370 $65,490
2022 $4,005 $55,110 $11,020 $44,090
2021 $4,168 $55,710 $11,140 $44,570
2020 $4,082 $54,700 $10,940 $43,760
2019 $3,842 $49,230 $9,840 $39,390
2018 $3,608 $49,420 $9,880 $39,540
2017 $3,467 $50,250 $10,050 $40,200
2016 $3,377 $44,380 $8,870 $35,510
2015 $2,696 $40,980 $8,190 $32,790
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laurie Traeger

    Montebello Fine Properties

    (602) 770-0530

    1 in this area

    11 Total Sales

    Laurie Traeger
    Section Image
  • Shawna Warner

    Buyer's Agent in 2023

    Shawna Warner

    RETSY

    (602) 743-7006

    69 in this area

    104 Total Sales

    Shawna Warner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6520093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-18-002

Arizona Maricopa County Phoenix 85018 Camelback East Village

5031 E Osborn Rd, Phoenix, AZ

Not Listed for Sale

Detached

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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