NOT LISTED FOR SALE

5251 W Palo Verde Ave Glendale, AZ 85302

Estimated Value: $343,000 - $426,000

3 Beds
2 Baths
1,512 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $130,126 $86 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $2,226/month

10 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • No HOA
  • Ironwood High School Rated A-
  • 1 Fireplace
  • Tile Flooring

About This Home

As of October 2013

Delightful 3 bedroom 2 bath home with a fireplace in the family room and an AZ room. Home is on a huge lot with a covered patio and a pool for entertaining with an RV gate for added access. For overbidding and/or escrow information, please see the attached ''Overbidding and Escrow Repair'' MLS addendum.

Last Agent to Sell the Property

Marlene Cerreta

Cerreta Real Estate License #BR536275000 Listed on: 08/21/2013

Last Buyer's Agent

Zoran Gajanovic

Realty ONE Group License #SA539168000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1976

Lot Details

  • 9,200 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage
  • RV Gated
  • Unassigned Parking

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool

Schools

  • Heritage Elementary And Middle School
  • Ironwood High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Paseo Place Reamended Subdivision

Listing and Financial Details

  • Tax Lot 357
  • Assessor Parcel Number 148-21-721

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Olive Avenue & 51st Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1976
  • Tax Year: 2012
  • Directions: West on Olive to 53rd Ave, north to Palo Verde, east to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: Paseo Place Reamended
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1512.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Arizona RoomLanai: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Unassigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Unassigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Heritage School
  • High School: Ironwood School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Heritage School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9200.0
  • Parcel #: 148-21-721
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 705.8
  • Tax Book Number: 148.00
  • Tax Lot: 357
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Oct 11, 2013
Sold by
Abdulmajeed Aasha and Mahmood Esam
Bought by
Mahmood Esam
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Zoran Gajanovic
Realty ONE Group
List Price
$120,000
Sold Price
$130,126
Premium/Discount to List
$10,126
8.44%
Current Estimated Value
$388,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,511
Avg. Annual Appreciation
9.65%
Original Mortgage
$81,959
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 21, 2013
Closed on
Oct 10, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Mahmood Esam
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Zoran Gajanovic
Realty ONE Group
List Price
$120,000
Sold Price
$130,126
Premium/Discount to List
$10,126
8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,959
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2013
Sold by
Everbank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 18, 2013
Sold by
Tanler Cindy Kay
Bought by
Everbank

Purchase Details

Closed on
Apr 7, 2006
Sold by
Mccumber Cindy Kay and Roe Cindy Kay
Bought by
Roe David A and Roe Cindy Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2001
Sold by
Schuman Caralee D
Bought by
Mccumber Jimmie N and Mccumber Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Interest Rate
7.06%
Mortgage Type
FHA
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
Mahmood Esam -- Grand Canyon Title Agency In
Mahmood Esam -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- None Available
Everbank $178,287 None Available
Roe David A -- Netco
Mccumber Jimmie N $120,000 Stewart Title & Trust Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Esam $47,993
Closed Mahmood Esam $22,602
Open Mahmood Esam $84,100
Closed Mahmood Esam $81,959
Previous Owner Tanler Cindy Kay $10,901
Previous Owner Tanler Cindy Kay $174,880
Previous Owner Tanler Cindy Kay $172,296
Previous Owner Roe David A $176,000
Previous Owner Mccumber Jimmie N $118,146
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $130,126 +8.4% $86 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $120,000 -- $79 / 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 $1,361 $17,858 -- --
2024 $1,389 $17,007 -- --
2023 $1,389 $30,210 $6,040 $24,170
2022 $1,376 $23,280 $4,650 $18,630
2021 $1,477 $21,460 $4,290 $17,170
2020 $1,499 $20,480 $4,090 $16,390
2019 $1,458 $18,450 $3,690 $14,760
2018 $1,424 $17,150 $3,430 $13,720
2017 $968 $13,420 $2,680 $10,740
2016 $962 $12,570 $2,510 $10,060
2015 $902 $12,200 $2,440 $9,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4986826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 148-21-721