5118 W Novak Way Laveen, AZ 85339
Laveen NeighborhoodEstimated Value: $369,099 - $423,000
4
Beds
2
Baths
1,868
Sq Ft
$214/Sq Ft
Est. Value
About This Home
This home is located at 5118 W Novak Way, Laveen, AZ 85339 and is currently estimated at $399,775, approximately $214 per square foot. 5118 W Novak Way is a home located in Maricopa County with nearby schools including Betty Fairfax High School, Phoenix Coding Academy, and Riverbend Prep.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 29, 2017
Sold by
Srp Sub Llc
Bought by
Swh 2017 1 Borrower Lp
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$771,240,000
Outstanding Balance
$653,039,173
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
-$652,639,398
Purchase Details
Closed on
May 9, 2017
Sold by
Colfin Al Az 1 Llc
Bought by
Srp Sub Llc
Purchase Details
Closed on
Jul 30, 2012
Sold by
Phr Realty Holdongs Llc
Bought by
Colfinai Az 1 Llc
Purchase Details
Closed on
Dec 21, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Phx Realty Holdings Llc
Purchase Details
Closed on
Aug 25, 2010
Sold by
Muhammad Shalamar
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Dec 22, 2006
Sold by
Beazer Homes Sales Inc
Bought by
Muhammad Shalamar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Swh 2017 1 Borrower Lp | -- | None Available | |
Srp Sub Llc | -- | Accommodation | |
Colfinai Az 1 Llc | $6,678,000 | Fidelity National Title Agen | |
Phx Realty Holdings Llc | -- | Servicelink | |
Hsbc Bank Usa National Association | $222,815 | Accommodation | |
Muhammad Shalamar | $217,136 | First American Title Ins Co | |
Beazer Homes Sales Inc | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Swh 2017 1 Borrower Lp | $771,240,000 | |
Closed | Swh 2017 1 Borrower Lp | $771,240,000 | |
Previous Owner | Muhammad Shalamar | $206,250 |
Source: Public Records
Tax History Compared to Growth
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 | $2,234 | $14,487 | -- | -- |
2024 | $2,194 | $13,797 | -- | -- |
2023 | $2,194 | $28,260 | $5,650 | $22,610 |
2022 | $2,131 | $21,180 | $4,230 | $16,950 |
2021 | $2,131 | $19,600 | $3,920 | $15,680 |
2020 | $2,077 | $17,700 | $3,540 | $14,160 |
2019 | $2,079 | $16,170 | $3,230 | $12,940 |
2018 | $1,985 | $15,160 | $3,030 | $12,130 |
2017 | $1,883 | $13,370 | $2,670 | $10,700 |
2016 | $1,793 | $12,510 | $2,500 | $10,010 |
2015 | $1,618 | $12,760 | $2,550 | $10,210 |
Source: Public Records
Map
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