NOT LISTED FOR SALE

5301 W Edgemont Ave Phoenix, AZ 85035

Estimated Value: $314,669 - $355,000

2 Beds
2 Baths
1,178 Sq Ft
$282/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $89,000 $76 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,918/month

1 Day on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Property is near a bus stop
  • Phoenix Coding Academy Rated A
  • Kitchen Island
  • Grass Covered Lot

About This Home

As of January 2016

Opportunity knocks! Huge upside in very hot area! Great investment opportunity! Fix & Flip or would make a nice rental! Open Floorplan! Rehab is started! Large rooms! Huge oversized 2 car garage! Block fence & Big yard! Check the comps!!

Last Agent to Sell the Property

Frank Estes

HomeSmart License #SA039426000 Listed on: 12/02/2015

HomeSmart

Last Buyer's Agent

Ivan Mendoza

HomeSmart License #SA580730000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1962

Lot Details

  • 6,299 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Harris Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Community Details

  • No Home Owners Association
  • Homestead Terrace 2 Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 103-55-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Thomas and 53rd Ave.
  • Legal Info Range: 2E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center 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: 1962
  • Tax Year: 2105
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: HOMESTEAD TERRACE 2
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 75.55
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1178.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Laundry Features: Other, See Remarks
  • Water Source: City Water
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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

Schools

  • Elementary School: Harris Elementary School
  • High School: Maryvale High School
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6299.0
  • Parcel #: 103-55-023
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 725.0
  • Tax Book Number: 103.00
  • Tax Lot: 109
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2017
Sold by
Romo Julia Lopez
Bought by
Romo Julia Lopez and Villalpando Alex A Collazo
Current Estimated Value
$332,167

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jan 6, 2016
Sold by
Villalpando Alex A Collazo and Romo Julia Lopez
Bought by
Romo Julia Lopez
Seller's Agent
Frank Estes
HomeSmart
Buyer's Agent
Ivan Mendoza
HomeSmart
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$80,100
Outstanding Balance
$63,622
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,545

Purchase Details

Listed on
Dec 2, 2015
Closed on
Dec 17, 2015
Sold by
Revest Inc
Bought by
Romo Julia Lopez
Seller's Agent
Frank Estes
HomeSmart
Buyer's Agent
Ivan Mendoza
HomeSmart
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Outstanding Balance
$63,622
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,545

Purchase Details

Closed on
Jun 12, 2015
Sold by
Brooks Sam L and Brooks Carol S
Bought by
Revest Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romo Julia Lopez -- Chicago Title Agency Inc
Romo Julia Lopez -- Title365 Agency
Romo Julia Lopez $87,000 Title365 Agency
Revest Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Julia Lopez $80,100
Closed Romo Julia Lopez $80,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $89,000 -1.0% $76 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $89,900 -- $76 / 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 $2,027 $11,578 -- --
2024 $2,015 $11,027 -- --
2023 $2,015 $23,200 $4,640 $18,560
2022 $1,900 $17,860 $3,570 $14,290
2021 $1,924 $15,170 $3,030 $12,140
2020 $1,823 $13,930 $2,780 $11,150
2019 $1,744 $12,000 $2,400 $9,600
2018 $840 $10,280 $2,050 $8,230
2017 $812 $8,450 $1,690 $6,760
2016 $777 $7,170 $1,430 $5,740
2015 $725 $6,100 $1,220 $4,880
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Estes

    HomeSmart

    Section Image
  • Ivan Mendoza

    Buyer's Agent in 2016

    Ivan Mendoza

    HomeSmart

    (602) 550-4262

    165 Total Sales

    Ivan Mendoza
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5368531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-55-023

Arizona Maricopa County Phoenix 85035

5301 W Edgemont Ave, Phoenix, AZ

Not Listed for Sale

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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