NOT LISTED FOR SALE

5220 S Cobalt Mesa, AZ 85212

Eastmark Neighborhood

Estimated Value: $494,906 - $528,000

3 Beds
2 Baths
1,857 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $460,000 $248 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,046/month

9 Days on Market

Highlights

  • Gated Community
  • Spanish Architecture
  • Community Pool
  • Silver Valley Elementary Rated A-
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of June 2023

Perfect Investor Opportunity in Eastmark. Tenant occupied home until 1-31-2024. This 3 bedroom 2 Bath home is located in a Gated Community. Spacious floor plan with sepate den for a home office and a bonus room perfect for another office space or childrens space for computer, tv or study area.

Last Agent to Sell the Property

Mary Buchli

Stratton Vantage Property Management License #SA646127000 Listed on: 05/09/2023

Last Buyer's Agent

Kaushik Sirkar

Real Broker License #SA576480000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,163

Year Built

  • Built in 2018

Lot Details

  • 5,750 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Jack Barnes Elementary School
  • Queen Creek Middle School
  • Queen Creek High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 312-15-035

Community Details

Overview

  • Association fees include ground maintenance
  • Eastmark Association, Phone Number (480) 367-2626
  • Built by Meritage
  • Eastmark Du 3 South Parcel 3 3 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,163

Year Built

Built in 2018

Lot Details

0

HOA Fees

$123 per month

Parking

2

Listing Details

  • Cross Street: Ellsworth Rd and Ray Rd
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: Y
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 123.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: EASTMARK DU-3 SOUTH PARCEL 3-3
  • Architectural Style: Ranch, Spanish
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 123.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1857.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Pool, Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 123.0
  • Association Fee Frequency: Monthly
  • Association Name: Eastmark
  • Phone: 480-367-2626
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Eastmark
  • Association Fees:HOA Telephone4: 480-367-2626
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 300.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 338.0
  • Association Fees:Disclosure Fees HOA: 432.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Jack Barnes Elementary School
  • High School: Queen Creek High School
  • Junior High Dist: Queen Creek Unified District
  • Middle Or Junior School: Queen Creek Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5750.0
  • Parcel #: 312-15-035

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 3163.24
  • Tax Book Number: 312.00
  • Tax Lot: 35
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 20, 2023
Sold by
Shmuel Yaqov
Bought by
Venkatraman Pavithra and Jayaraman Karthik
Seller's Agent
Mary Buchli
Stratton Vantage Property Management
Buyer's Agent
Kaushik Sirkar
Real Broker
List Price
$460,000
Sold Price
$460,000
Views
52
Current Estimated Value
$506,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,477
Avg. Annual Appreciation
2.24%
Original Mortgage
$345,000
Outstanding Balance
$337,941
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$145,712

Purchase Details

Closed on
Jul 13, 2018
Sold by
Meritage Homes Of Arizona Inc
Bought by
Shmuel Yaqov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,096
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Venkatraman Pavithra $460,000 Old Republic Title Agency
Shmuel Yaqov $276,371 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatraman Pavithra $345,000
Previous Owner Shmuel Yaqov $221,096
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $460,000 0.0% $248 / Sq Ft
05/09/2023 05/09/23 For Sale $460,000 -- $248 / 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 $2,992 $22,549 -- --
2024 $3,275 $21,475 -- --
2023 $3,275 $38,850 $7,770 $31,080
2022 $3,163 $28,580 $5,710 $22,870
2021 $3,206 $26,000 $5,200 $20,800
2020 $3,106 $25,300 $5,060 $20,240
2019 $2,990 $23,370 $4,670 $18,700
2018 $788 $6,645 $6,645 $0
2017 $762 $5,550 $5,550 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Buchli

    Seller's Agent in 2023

    Mary Buchli

    Stratton Vantage Property Management

    (480) 440-6134

    1 in this area

    116 Total Sales

    Mary Buchli
    Section Image
  • Kaushik Sirkar

    Buyer's Agent in 2023

    Kaushik Sirkar

    Real Broker

    (480) 600-2808

    3 in this area

    90 Total Sales

    Kaushik Sirkar
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6554329

Arizona Regional Multiple Listing Service (ARMLS)

APN: 312-15-035

Arizona Maricopa County Mesa 85212 Eastmark

5220 S Cobalt, Mesa, AZ

This home is located at 5220 S Cobalt, Mesa, AZ 85212 since 09 May 2023 and is currently estimated at $506,477, approximately $272 per square foot. This property was built in 2018. 5220 S Cobalt is a home located in Maricopa County with nearby schools including Silver Valley Elementary, Eastmark High School, and BASIS Mesa.

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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