NOT LISTED FOR SALE

518 W 5th St Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $426,052 - $592,000

2 Beds
2 Baths
1,070 Sq Ft
$448/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $425,000 $397 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,762/month

36 Days on Market

Highlights

  • 0.17 Acre Lot
  • Covered patio or porch
  • No Interior Steps
  • No HOA
  • Eat-In Kitchen
  • Outdoor Storage

About This Home

As of February 2022

You will surely fall in love with this beautiful single-level home! Located near restaurants, shipping spots, & entertainment. Inside you'll find carpet in all the right places, wood-look floors, neutral palette, & more. Well maintained kitchen is fully equipped w/oak cabinets, plenty of counter space, & built-in appliances. The primary bedroom has patio access & a spotless bathroom. Spacious backyard w/covered patio & storage shed has so much potential to make it your own. Don't let this opportunity pass you by! Schedule your showing today!

Last Agent to Sell the Property

Daniel Noma

Venture REI, LLC License #BR559881000 Listed on: 12/08/2021

Co-Listed By

Frank Vazquez

Venture REI, LLC License #BR654167000

Last Buyer's Agent

Betsey Birakos

Jason Mitchell Real Estate License #SA630428000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1950

Lot Details

  • 7,200 Sq Ft Lot
  • Desert faces the back of the property
  • Wood Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 124-32-005

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Rockland Builders
  • Vista Del Rio Subdivision

Amenities

  • No Laundry Facilities

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Mill Ave & University Dr
  • Legal Info Range: 4E
  • 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 Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1950
  • Tax Year: 2021
  • Directions: Head west on University Dr, Right onto Ash Ave, Left onto W 5th St. Property will be on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-409-9000
  • Subdivision Name: VISTA DEL RIO
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1070.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Storage
  • Lot Features: Natural Desert Back, Dirt Back, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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: Scales Technology Academy
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7200.0
  • Parcel #: 124-32-005

Building Info

  • Builder Name: Rockland Builders

Tax Info

  • Tax Annual Amount: 1192.0
  • Tax Block: 1
  • Tax Book Number: 124.00
  • Tax Lot: 5
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Feb 2, 2022
Sold by
Opendoor Property Trust
Bought by
Courter Curtis and Courter Rebecca
Seller's Agent
Daniel Noma
Venture REI, LLC
Buyer's Agent
Betsey Birakos
Jason Mitchell Real Estate
List Price
$431,000
Sold Price
$425,000
Premium/Discount to List
-$6,000
-1.39%
Current Estimated Value
$482,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,635
Avg. Annual Appreciation
3.50%
Original Mortgage
$340,000
Outstanding Balance
$315,940
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$163,573

Purchase Details

Closed on
Aug 11, 2021
Sold by
Flores Mary A and Galvan Mary A
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Aug 10, 2021
Sold by
Galvan Mary A and Flores Mary A
Bought by
Opendoor Property Trust I
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
Courter Curtis $425,000 Os National
Opendoor Property Trust $404,500 Os National
Opendoor Property Trust I $404,500 Os National Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courter Curtis D $30,700
Open Courter Curtis $340,000
Closed Courter Ethan $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $425,000 -1.4% $397 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $431,000 0.0% $403 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $431,000 -- $403 / 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 $1,433 $12,793 -- --
2024 $1,416 $12,184 -- --
2023 $1,416 $36,880 $7,370 $29,510
2022 $1,358 $30,480 $6,090 $24,390
2021 $1,192 $27,720 $5,540 $22,180
2020 $1,152 $23,330 $4,660 $18,670
2019 $930 $16,750 $3,350 $13,400
2018 $779 $9,230 $1,840 $7,390
2017 $723 $9,230 $1,840 $7,390
2016 $746 $9,230 $1,840 $7,390
2015 $1,025 $13,870 $2,770 $11,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Noma

    Venture REI, LLC

  • Frank Vazquez

    Seller Co-Listing Agent in 2022

    Frank Vazquez

    Venture REI, LLC

    (480) 466-5375

    1 in this area

    1,271 Total Sales

    Section Image

  • B

    Buyer's Agent in 2022

    Betsey Birakos

    Jason Mitchell Real Estate

    (480) 522-1030

    1 in this area

    84 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6330077

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-32-005

Arizona Maricopa County Tempe 85281 Riverside

518 W 5th St, Tempe, AZ

This home is located at 518 W 5th St, Tempe, AZ 85281 since 08 December 2021 and is currently estimated at $479,513, approximately $448 per square foot. This property was built in 1950. 518 W 5th St is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe 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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