NOT LISTED FOR SALE

5040 E Hobart St Mesa, AZ 85205

Estimated Value: $497,081 - $562,000

3 Beds
2 Baths
1,971 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $340,000 $173 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,160/month

91 Days on Market

Highlights

  • Granite Countertops
  • Community Pool
  • Double Pane Windows
  • Bush Elementary School Rated A-
  • Covered patio or porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of February 2019

*PRICED BELOW COMPS* This rare find boasts an open floor plan with space for children to play, a great room fit for entertaining and a split bedroom plan with the master separate from the other rooms. This beautifully upgraded kitchen features a large island, oversized pantry, granite countertops, and open view into the living room. Large den makes a great office or play room . What makes this home a rare find is a finished backyard that is both low maintenance and easy on the eyes. This energy efficient home will keep your energy costs low, with a programmable thermostat, tankless water heater, top of the line insulation. 10 year builders warranty will give you peace of mind about the future. Location is close to all kinds of shopping, places to eat, quick access to the freeway

Last Agent to Sell the Property

Bryson Taggart

Opendoor Brokerage, LLC License #SA664202000 Listed on: 10/30/2018

Co-Listed By

Max Dewitt

Realty ONE Group License #SA652423000

Last Buyer's Agent

Debi Killian

Realty ONE Group License #SA681971000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 2016

Lot Details

  • 4,950 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,971 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • <<builtInMicrowave>>
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Bush Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 141-36-430

Community Details

Overview

  • Association fees include ground maintenance
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by KB HOMES
  • Higley Heights Phase 2 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 2016

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Cross Street: Higley/Brown
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 60.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2018
  • Directions: From Higley head West on Princess, N on Balboa, W on Hillview, N on Bannning, W on Hobart, House on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: HIGLEY HEIGHTS PHASE 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 60.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1971.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Management
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Trestle Management
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Bush Elementary
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4950.0
  • Parcel #: 141-36-430

Building Info

  • Builder Name: KB HOMES

Tax Info

  • Tax Annual Amount: 1918.0
  • Tax Book Number: 141.00
  • Tax Lot: 113
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Feb 8, 2019
Sold by
Smiley David A and Smiley Kimberly S
Bought by
Schack Deborah L
Seller's Agent
Bryson Taggart
Opendoor Brokerage, LLC
Buyer's Agent
Debi Killian
Realty ONE Group
List Price
$354,500
Sold Price
$340,000
Premium/Discount to List
-$14,500
-4.09%
Current Estimated Value
$527,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,770
Avg. Annual Appreciation
7.12%
Original Mortgage
$255,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2016
Sold by
Kb Home Sales Phoenix Inc
Bought by
Smiley David A and Smiley Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,555
Interest Rate
3.43%
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
Schack Deborah L $340,000 Old Republic Title Agency
Smiley David A $292,312 First American Title Ins Co
Kb Home Sales Phoenix Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schack Deborah L $375,400
Closed Schack Deborah L $305,106
Closed Schack Deborah L $255,000
Previous Owner Smiley David A $193,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $340,000 -2.8% $173 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $349,900 -1.2% $178 / Sq Ft
01/10/2019 01/10/19 Price Changed $354,000 -0.1% $180 / Sq Ft
01/03/2019 01/03/19 For Sale $354,500 +4.3% $180 / Sq Ft
12/17/2018 12/17/18 Off Market $340,000 -- --
12/06/2018 12/06/18 Price Changed $354,500 -0.1% $180 / Sq Ft
11/15/2018 11/15/18 For Sale $354,900 +4.4% $180 / Sq Ft
11/13/2018 11/13/18 Off Market $340,000 -- --
10/30/2018 10/30/18 For Sale $354,900 -- $180 / 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 $2,223 $26,783 -- --
2024 $2,248 $25,507 -- --
2023 $2,248 $38,750 $7,750 $31,000
2022 $2,199 $30,850 $6,170 $24,680
2021 $2,259 $28,450 $5,690 $22,760
2020 $2,229 $26,550 $5,310 $21,240
2019 $2,065 $24,680 $4,930 $19,750
2018 $1,972 $24,560 $4,910 $19,650
2017 $1,910 $24,170 $4,830 $19,340
2016 $416 $4,845 $4,845 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5840418

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-36-430