NOT LISTED FOR SALE

5201 E Covina Rd Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $332,000 - $376,132

3 Beds
2 Baths
1,854 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $146,000 $79 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,042/month

64 Days on Market

Highlights

  • 0.2 Acre Lot
  • Corner Lot
  • Eat-In Kitchen
  • Franklin at Brimhall Elementary School Rated A
  • Granite Countertops
  • Tile Flooring

About This Home

As of August 2012

Fabulous large 3 bedroom remodeled home in Dreamland Villa! This home has had a thorough remodel including a new spacious kitchen with new cabinets, granite countertops, and stainless steel appliances. Bathrooms have been overhauled with new vanities topped with granite and new plumbing fixtures. House has been painted inside and out. Baseboards and crown molding have been added for that special touch. Home has been tiled in all the right places and new carpet in the bedrooms. This home features a huge bonus area off the kitchen with it's own separate entrance! Think of all the possibilities with this bonus area. **This is a 55+ Community**

Last Agent to Sell the Property

Phillip Barr

DeLex Realty License #SA545226000 Listed on: 05/06/2012

Last Buyer's Agent

Vera Curtis

HomeSmart License #SA627492000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1963

Lot Details

  • 8,503 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • <<builtInMicrowave>>
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank

Community Details

  • Association fees include (see remarks)
  • Dreamland Villa Association, Phone Number (480) 832-3461
  • Built by Farnsworth
  • Dreamland Villa 6 Subdivision

Listing and Financial Details

  • Tax Lot 519
  • Assessor Parcel Number 141-47-045-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$844

Year Built

Built in 1963

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Cross Street: Higley and University
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 9.58
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2012
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1963
  • Tax Year: 2011
  • Directions: North on Higley to Higley frontage road, East on Covina, home is on the corner
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Dreamland Villa 6
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 115.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Granite Counters
  • Living Area: 1854.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Club, Membership Opt, Management
  • Association Fee: 115.0
  • Association Fee Frequency: Annually
  • Association Name: Dreamland Villa
  • Phone: 480-832-3461
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Dreamland Villa
  • Association Fees:HOA Telephone4: 4808323461
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8503.0
  • Parcel #: 141-47-045-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Farnsworth

Tax Info

  • Tax Annual Amount: 844.0
  • Tax Book Number: 141.00
  • Tax Lot: 519
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2012
Closed on
Aug 8, 2012
Sold by
234 Princeton Llc
Bought by
Lay Michael J and Lay Mary K
Seller's Agent
Phillip Barr
DeLex Realty
Buyer's Agent
Vera Curtis
HomeSmart
List Price
$147,500
Sold Price
$146,000
Premium/Discount to List
-$1,500
-1.02%
Current Estimated Value
$351,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,033
Avg. Annual Appreciation
7.14%
Original Mortgage
$143,355
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2012
Sold by
Myler George B
Bought by
234 Princeton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
3.84%
Mortgage Type
Unknown
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
Lay Michael J $146,000 Guaranty Title Agency
234 Princeton Llc $85,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lay Michael J $451,500
Closed Lay Michael J $136,550
Closed Lay Michael J $143,355
Previous Owner 234 Princeton Llc $69,500
Previous Owner Myler George B $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $146,000 0.0% $79 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
06/21/2012 06/21/12 Price Changed $146,000 -1.0% $79 / Sq Ft
06/08/2012 06/08/12 For Sale $147,500 0.0% $80 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $147,500 +1.0% $80 / Sq Ft
05/10/2012 05/10/12 Off Market $146,000 -- --
05/06/2012 05/06/12 For Sale $147,500 -- $80 / 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 $1,118 $13,960 -- --
2024 $1,120 $13,295 -- --
2023 $1,120 $26,350 $5,270 $21,080
2022 $1,092 $20,110 $4,020 $16,090
2021 $1,105 $17,510 $3,500 $14,010
2020 $1,094 $16,510 $3,300 $13,210
2019 $1,015 $15,370 $3,070 $12,300
2018 $990 $14,110 $2,820 $11,290
2017 $960 $12,230 $2,440 $9,790
2016 $932 $11,470 $2,290 $9,180
2015 $871 $10,900 $2,180 $8,720
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Phillip Barr

    DeLex Realty

  • V

    Buyer's Agent in 2012

    Vera Curtis

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4755178

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-47-045A

Arizona Maricopa County Mesa 85205 Central Mesa East

5201 E Covina Rd, Mesa, AZ

This home is located at 5201 E Covina Rd, Mesa, AZ 85205 since 06 May 2012 and is currently estimated at $351,033, approximately $189 per square foot. This property was built in 1963. 5201 E Covina Rd is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary 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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