NOT LISTED FOR SALE

518 W 5th St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $422,000 - $487,000

2 Beds
2 Baths
1,070 Sq Ft
$422/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2022

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

Est. 6% increase in value since last sale

Current estimated payment $2,694 / mo

36 Days on Market

Highlights

  • 0.17 Acre Lot
  • Covered Patio or Porch
  • Eat-In Kitchen
  • No HOA
  • Separate Outdoor Workshop
  • No Interior Steps

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

Incyte Realty, LLC License #BR559881000 Listed on: 12/08/2021

Co-Listed By

Frank Vazquez

Incyte Realty, LLC License #BR654167000

Last Buyer's Agent

Betsey Birakos

Jason Mitchell Real Estate License #SA630428000

Jason Mitchell Real Estate
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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
  • Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • 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

Additional Features

  • No Interior Steps
  • North or South Exposure

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

7,200 Sq Ft Lot

Listing Details

  • Cross Street: Mill Ave & University Dr
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1950
  • Tax Year: 2021
  • 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
  • General Property Description:PriceSqFt: 397.2
  • Const - Finish:Const - Finish: Painted, Siding
  • Cooling:Cooling: Ceiling Fan(s), Central Air
  • Other Rooms:Other Rooms: Separate Workshop
  • Technology:Technology: Cable TV Avail, High Speed Internet
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Disposal
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Eat-in Kitchen, Pantry, Laminate Counters, High Speed Internet, No Interior Steps
  • Living Area: 1070.0
  • Stories: 1
  • Additional Bedroom:Additional Bedroom: Separate Bedroom Exit
  • Dining Area:Dining Area: Eat-in Kitchen
  • Interior Features:Interior Features: No Interior Steps
  • Kitchen Features:Kitchen Features: Disposal, Pantry, Range/Oven Elec, Laminate Counters
  • Laundry:Laundry: None
  • Master Bathroom:Master Bathroom: 3/4 Bath Master Bdrm

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Storage
  • Lot Features: North/South Exposure, Dirt Back, Gravel/Stone Front, Grass Back, Natural Desert Back
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Composition
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 124.0
  • Tax Lot: 5
  • Tax Map Number: 32.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Daniel Noma
Incyte Realty, 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
$451,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,068
Avg. Annual Appreciation
1.30%
Original Mortgage
$340,000
Outstanding Balance
$309,145
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$141,923

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Tempe, AZ

  • Nathaniel Pierce Real Estate Agent - Incyte Realty, LLC

    Nathaniel Pierce

    Incyte Realty, LLC

    (623) 257-7084

    68 Total Sales

    1 in Downtown Tempe

    $725,000 Price

    Nathaniel Pierce
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  • Pamela Torgrimson Real Estate Agent - RETSY

    Pamela Torgrimson

    RETSY

    (507) 486-5070

    70 Total Sales

    1 in Downtown Tempe

    $373,500 Price

    Pamela Torgrimson
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  • Lisa Merris Real Estate Agent - Realty ONE Group

    Lisa Merris

    Realty ONE Group

    (623) 263-3352

    42 Total Sales

    1 in Downtown Tempe

    $520,000 Price

    Lisa Merris
     Section Image
  • Michele Baker Real Estate Agent - Coldwell Banker Realty

    Michele Baker

    Coldwell Banker Realty

    (623) 469-4512

    29 Total Sales

    1 in Downtown Tempe

    $295,000 Price

    Michele Baker
     Section Image
  • Alexandra Komichak Real Estate Agent - eXp Realty

    Alexandra Komichak

    Responds Quickly

    eXp Realty

    (412) 912-4506

    67 Total Sales

    1 in Downtown Tempe

    $425,000 Price

    Alexandra Komichak
     Section Image
  • Braden Johnson Real Estate Agent - Limitless Real Estate

    Braden Johnson

    Limitless Real Estate

    (877) 629-6469

    150 Total Sales

    1 in Downtown Tempe

    $460,000 Price

    Braden Johnson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 Os National
Opendoor Property Trust $404,500 Os National
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,465 $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

  • DN

    Seller's Agent in 2022

    Daniel Noma

    Incyte Realty, LLC

  • Frank Vazquez Real Estate Agent - Incyte Realty, LLC

    Seller Co-Listing Agent in 2022

    Frank Vazquez

    Incyte Realty, LLC

    (480) 466-5375

    2 in this area

    1,257 Total Sales

    Frank Vazquez
    Section Image

  • BB

    Buyer's Agent in 2022

    Betsey Birakos

    Jason Mitchell Real Estate

    (480) 522-1030

    1 in this area

    84 Total Sales

    Betsey Birakos
    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 Downtown Tempe

518 W 5th St, Tempe, AZ

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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