NOT LISTED FOR SALE

5118 W Verde Ln Phoenix, AZ 85031

Estimated Value: $330,000 - $361,000

3 Beds
3 Baths
1,380 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $68,000 $49 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $2,020/month

6 Days on Market

Highlights

  • Walk-In Pantry
  • Formal Dining Room
  • Kitchen Island
  • Phoenix Coding Academy Rated A
  • Fireplace
  • Heating Available

About This Home

As of April 2012

Beautiful property!!! ready to move in, perfect for a rental or a first time home buyer. lots of space, huge laundry room, guest home with private bathroom. This property wont last long!!!

Last Agent to Sell the Property

Luis Mata

HomeSmart License #SA565289000 Listed on: 04/03/2012

HomeSmart

Last Buyer's Agent

Shannon Neumeister

HomeSmart License #SA045789000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1958

Lot Details

  • Block Wall Fence

Home Design

  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3 Bedrooms
  • 1,380 Sq Ft Home
  • Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Schools

  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • $504 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Cross Street: Thomas & 51st Ave
  • Legal Info Lot Number: 6219
  • Property Type: A
  • Assessor Parcel Number: 36.00
  • Legal Description Abbrev: Maryvale Terrace 19 Lts 6441-6445 & Tr A
  • Type: ER
  • Ownership: Fee Simple
  • Assessor Parcel Number: 103-41-036
  • Construction Finish: Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32.5RDX2S
  • Map Code Grid: P31
  • Primary Bathroom Type: 3/4 Bath Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Slab Parking Spaces: 2.00
  • Price per Sq Ft: 49.27
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1958
  • Tax Year: 2011
  • Directions: N on 51st Ave to Verde Ln, W to Property
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Bathrooms: 2.50
  • Laundry: Wshr/Dry HookUp Only
  • Fireplace: 1 Fireplace
  • Dining Area: Formal
  • Estimated Lot Sq Ft: 6103.00
  • Estimated Sq Ft: 1380.00
  • Kitchen Features: Kitchen Island, Walk-in Pantry
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Gravel/Stone Front
  • Roofing: Comp Shingle
  • Fencing: Block
  • Construction: Block
  • Pool Private: No Pool

Utilities

  • Water: City Water
  • Utilities: SRP, SW Gas
  • Cooling: Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Fee Include: No Fees

Schools

  • Middle School: Frank Borman School
  • High School: Maryvale High School
  • High School: Maryvale High School
  • Jr High School: Frank Borman School

Building Info

  • Builder Name: unknown

Tax Info

  • Taxes: 504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Murrieta Victor Manuel and Murrieta Victor Manuel
Bought by
Murrieta Victor Manuel
Current Estimated Value
$342,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,414
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2018
Sold by
Middle Earth Investments Llc
Bought by
Murrieta Victor Manuel and Murrieta Victor Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2012
Sold by
Duvantar Viii Llc
Bought by
Middle Earth Investments Llc

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 11, 2012
Sold by
Az Wholesale Properties Llc
Bought by
Duvantar Investments Vii Llc
Seller's Agent
Luis Mata
HomeSmart
Buyer's Agent
Shannon Neumeister
HomeSmart
List Price
$65,000
Sold Price
$68,000
Premium/Discount to List
$3,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 22, 2012
Sold by
Ez Homes Inc
Bought by
Az Wholesale Properties Llc
Seller's Agent
Luis Mata
HomeSmart
Buyer's Agent
Shannon Neumeister
HomeSmart
List Price
$65,000
Sold Price
$68,000
Premium/Discount to List
$3,000
4.62%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Feb 22, 2012
Sold by
Hernandez Maria Elena
Bought by
Ez Homes Inc
Seller's Agent
Luis Mata
HomeSmart
Buyer's Agent
Shannon Neumeister
HomeSmart
List Price
$65,000
Sold Price
$68,000
Premium/Discount to List
$3,000
4.62%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Mastrangelo John J and Mastrangelo Annette M
Bought by
Novoa Jacobo Alvaro and Hernandez Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,953
Interest Rate
7.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Murrieta Victor Manuel -- Netco Title Company
Murrieta Victor Manuel -- Grand Canyon Title Agency
Middle Earth Investments Llc $85,000 None Available
Duvantar Investments Vii Llc $68,000 Security Title Agency
Az Wholesale Properties Llc -- Security Title Agency
Az Wholesale Properties Llc -- None Available
Ez Homes Inc $43,200 None Available
Novoa Jacobo Alvaro $57,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murrieta Victor Manuel $275,000
Closed Murrieta Victor Manuel $203,500
Closed Murrieta Victor Manuel $135,414
Closed Murrieta Victor Manuel $133,450
Previous Owner Hernandez Maria Elena $140,000
Previous Owner Novoa Jacobo Alvaro $56,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2012 04/13/12 Sold $68,000 +4.6% $49 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $65,000 -- $47 / 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 $1,894 $11,125 -- --
2024 $1,936 $10,595 -- --
2023 $1,936 $22,800 $4,560 $18,240
2022 $1,826 $17,130 $3,420 $13,710
2021 $1,848 $15,180 $3,030 $12,150
2020 $1,751 $13,630 $2,720 $10,910
2019 $1,676 $11,530 $2,300 $9,230
2018 $829 $10,200 $2,040 $8,160
2017 $801 $8,420 $1,680 $6,740
2016 $767 $7,330 $1,460 $5,870
2015 $715 $6,130 $1,220 $4,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4740185

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-41-036