NOT LISTED FOR SALE

5241 S 5th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $298,000 - $442,394

5 Beds
2 Baths
2,590 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $300,000 $116 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,095/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • 0.46 Acre Lot
  • Cooling Available
  • Phoenix Coding Academy Rated A
  • No HOA
  • 4-minute walk to Momo Park

About This Home

As of July 2024

Great opportunity to own a high density multi-family property in Phoenix. Main house features approx. 2600 sq. ft, 5 bedrooms, 2 baths, fireplace, home with block storage shed. House sits on 19,873 irrigated lot. The main house needs full rehab and this property is being sold in as is condition.

Last Agent to Sell the Property

Ed Lewandowski

DeLex Realty License #SA521951000 Listed on: 02/26/2024

DeLex Realty

Last Buyer's Agent

Christian Banaga

EMG Real Estate License #BR682134000

EMG Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1976

Lot Details

  • 0.46 Acre Lot
  • Grass Covered Lot

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,590 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • John F Kennedy Elementary School
  • C O Greenfield Middle School
  • South Mountain High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Rexmere Heights Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 113-45-021-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: 5th St and Roeser
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease 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: 1976
  • Tax Year: 2023
  • Directions: West on Roeser, south on 5th St to property on left side.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.46
  • Subdivision Name: REXMERE HEIGHTS
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Living Area: 2590.0
  • Stories: 2
  • Other Rooms:Family Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: John F Kennedy Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: C O Greenfield School

Lot Info

  • Horse Amenities: Other
  • Land Lease: No
  • Lot Size Sq Ft: 19873.0
  • Parcel #: 113-45-021-A

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2435.0
  • Tax Book Number: 113.00
  • Tax Lot: 17
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 13, 2024
Sold by
Trz Investments Llc
Bought by
Horizon Investment Group Llc
Seller's Agent
Ed Lewandowski
DeLex Realty
Buyer's Agent
Christian Banaga
EMG Real Estate
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Views
46
Current Estimated Value
$346,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,099
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Mar 15, 2024
Sold by
Horizon Investment Group Llc
Bought by
Cc Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2020
Sold by
Horizon Investment Group
Bought by
Trz Investments Llc

Purchase Details

Closed on
Jan 24, 2013
Sold by
Martinez Lucio C and Martinez Herminia T
Bought by
Me 21 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2009
Sold by
Martinez Lydia
Bought by
Martinez Lucio C and Martinez Herminia T

Purchase Details

Closed on
Mar 3, 2009
Sold by
Martinez Lucio C and Martinez Herminia T
Bought by
Martinez Lydia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Horizon Investment Group Llc -- Pioneer Title Agency
Cc Investment Properties Llc $300,000 Pioneer Title Agency
Trz Investments Llc -- None Available
Me 21 Llc $53,000 None Available
Martinez Lucio C -- None Available
Martinez Lydia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Carlos Covarrubias $409,500
Previous Owner Cc Investment Properties Llc $200,000
Previous Owner Me 21 Llc $48,000
Previous Owner Me 21 Llc $48,000
Previous Owner Martinez Lucio C $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $300,000 0.0% $116 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/28/2024 02/28/24 Off Market $300,000 -- --
02/26/2024 02/26/24 For Sale $299,900 -- $116 / 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 $2,506 $17,063 -- --
2024 $2,435 $16,251 -- --
2023 $2,435 $29,470 $5,890 $23,580
2022 $2,386 $22,000 $4,400 $17,600
2021 $1,430 $17,030 $3,400 $13,630
2020 $1,413 $16,630 $3,320 $13,310
2019 $1,367 $14,850 $2,970 $11,880
2018 $1,330 $13,410 $2,680 $10,730
2017 $1,268 $10,310 $2,060 $8,250
2016 $1,206 $10,260 $2,050 $8,210
2015 $1,135 $7,380 $1,470 $5,910
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Ed Lewandowski

    DeLex Realty

    (602) 882-1008

    4 in this area

    52 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Christian Banaga

    EMG Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6669084

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-45-021A

Arizona Maricopa County Phoenix 85040 South Mountain

5241 S 5th St, Phoenix, AZ

This home is located at 5241 S 5th St, Phoenix, AZ 85040 since 26 February 2024 and is currently estimated at $346,099, approximately $133 per square foot. This property was built in 1976. 5241 S 5th St is a home located in Maricopa County with nearby schools including John F. Kennedy Elementary School, C O Greenfield School, and South Mountain 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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