NOT LISTED FOR SALE

5140 W Virginia Ave Phoenix, AZ 85035

Estimated Value: $334,031 - $365,000

4 Beds
2 Baths
1,564 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $159,900 $102 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,937/month

90 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Breakfast Bar
  • High Speed Internet

About This Home

As of January 2017

Beautiful home - 4 bedrooms, 2 baths, newer roof, newer A/C, Newer ceiling fans & blinds, spacious 2-car carport, and a large lot! Floor plan features living room, formal dining room, and huge family room. Spacious kitchen has lots of cabinets, newer stove, dishwasher, garbage disposal, and a breakfast bar. Plus there's a large laundry/storage/workshop room, and plenty of room for RV parking!

Last Agent to Sell the Property

Leonardo Morales

Venture REI, LLC License #BR014182000 Listed on: 09/03/2016

Venture REI, LLC

Last Buyer's Agent

Adela Lujan

HomeSmart License #SA561728000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1965

Lot Details

  • 9,500 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cartwright Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Terrace 3 Subdivision

Listing and Financial Details

  • Tax Lot 289
  • Assessor Parcel Number 103-17-043-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: 51st Ave & Thomas
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2014
  • Directions: From 51st Ave & Thomas Directions: West to 52nd Ave - South to Virginia - East to property
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: HOMESTEAD TERRACE 3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Pantry, 3/4 Bath Master Bdrm, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1564.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s)
  • Lot Features: Alley
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cartwright School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9500.0
  • Parcel #: 103-17-043-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 766.0
  • Tax Book Number: 103.00
  • Tax Lot: 289
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2016
Closed on
Jan 10, 2017
Sold by
Arvizu Marco Antonio Ramirez
Bought by
Arjona Jorge Polanco and Herrera Maribel Diaz
Seller's Agent
Leonardo Morales
Venture REI, LLC
Buyer's Agent
Adela Lujan
HomeSmart
List Price
$165,000
Sold Price
$159,900
Premium/Discount to List
-$5,100
-3.09%
Current Estimated Value
$351,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,108
Avg. Annual Appreciation
9.36%
Original Mortgage
$157,003
Outstanding Balance
$129,862
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$221,146

Purchase Details

Listed on
Sep 5, 2013
Closed on
Oct 22, 2013
Sold by
Kodiak Investment Properties Llc
Bought by
Arvizu Marco Antonio Ramirez
Seller's Agent
Christine Fisher
AzHome2day.com
Buyer's Agent
Jaime Meraz
eXp Realty
List Price
$85,000
Sold Price
$87,500
Premium/Discount to List
$2,500
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.11%
Original Mortgage
$93,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 5, 2013
Closed on
Sep 19, 2013
Sold by
Johnson Charles Rodney and Johnson Carol Ann
Bought by
Kodiak Investment Properties Llc
Seller's Agent
Christine Fisher
AzHome2day.com
Buyer's Agent
Jaime Meraz
eXp Realty
List Price
$85,000
Sold Price
$87,500
Premium/Discount to List
$2,500
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
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
Arjona Jorge Polanco $159,900 Great American Title Agency
Arvizu Marco Antonio Ramirez $109,000 Security Title Agency
Kodiak Investment Properties Llc $87,500 American Title Service Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arjona Jorge Polanco $157,003
Previous Owner Arvizu Marco Antonio Ramirez $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2017 01/09/17 Sold $159,900 0.0% $102 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $159,900 -3.1% $102 / Sq Ft
09/03/2016 09/03/16 For Sale $165,000 +88.6% $105 / Sq Ft
09/27/2013 09/27/13 Sold $87,500 +2.9% $56 / Sq Ft View Prior Sale
09/09/2013 09/09/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $85,000 -- $54 / 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 $966 $6,228 -- --
2024 $990 $5,931 -- --
2023 $990 $23,770 $4,750 $19,020
2022 $930 $18,220 $3,640 $14,580
2021 $949 $16,010 $3,200 $12,810
2020 $896 $14,550 $2,910 $11,640
2019 $855 $12,650 $2,530 $10,120
2018 $894 $11,450 $2,290 $9,160
2017 $852 $9,420 $1,880 $7,540
2016 $814 $8,100 $1,620 $6,480
2015 $750 $6,920 $1,380 $5,540
Source: Public Records

Agents Affiliated with this Home

  • Leonardo Morales

    Seller's Agent in 2017

    Leonardo Morales

    Venture REI, LLC

    (480) 648-5206

    3 Total Sales

    Leonardo Morales
    Section Image
  • Adela Lujan

    Buyer's Agent in 2017

    Adela Lujan

    HomeSmart

    (602) 793-7007

    90 Total Sales

    Adela Lujan
    Section Image

  • C

    Seller's Agent in 2013

    Christine Fisher

    AzHome2day.com

    (623) 204-8748

    11 Total Sales

    Christine Fisher
    Section Image
  • Jaime Meraz

    Buyer's Agent in 2013

    Jaime Meraz

    eXp Realty

    (602) 326-4752

    72 Total Sales

    Jaime Meraz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5493188

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-17-043A

Arizona Maricopa County Phoenix 85035

5140 W Virginia Ave, Phoenix, AZ

This home is located at 5140 W Virginia Ave, Phoenix, AZ 85035 since 03 September 2016 and is currently estimated at $351,008, approximately $224 per square foot. This property was built in 1965. 5140 W Virginia Ave is a home located in Maricopa County with nearby schools including Cartwright School, Justine Spitalny School, and Maryvale High School.

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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