NOT LISTED FOR SALE

5308 W Cambridge Ave Unit 2 Phoenix, AZ 85035

Estimated Value: $331,000 - $351,000

4 Beds
2 Baths
1,275 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $149,900 $118 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,866/month

37 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Remodeled Bathroom
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Wood Fence

About This Home

As of March 2017

Look at this Great Opportunity, 4 bedroom 2 bath house with upgraded kitchen and big yard, great for first time home buyers or investment, hurry before it's gone.

Last Agent to Sell the Property

Judith Perales

American Freedom Realty License #SA663064000 Listed on: 01/13/2017

Last Buyer's Agent

Jose Corrales

HomeSmart License #SA017178000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1962

Lot Details

  • 6,708 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Terrace 2 Subdivision

Listing and Financial Details

  • Tax Lot 232
  • Assessor Parcel Number 103-55-146

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 51st Ave and Thomas
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2012
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • 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: 2016
  • Directions: West on Thomas to 58th Ave., South on 58th Ave. to Cambridge, West on Cambridge to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: HOMESTEAD TERRACE 2
  • Architectural Style: Ranch
  • Efficiency: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1275.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Dirt Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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: Harris Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6708.0
  • Parcel #: 103-55-146
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 706.0
  • Tax Book Number: 103.00
  • Tax Lot: 232
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Mar 29, 2017
Sold by
Hernandez Elizabeth Cruz
Bought by
Guzman Sergio Salgado
Seller's Agent
Judith Perales
American Freedom Realty
Buyer's Agent
Jose Corrales
HomeSmart
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$338,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,751
Avg. Annual Appreciation
9.89%
Original Mortgage
$142,405
Outstanding Balance
$119,708
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$214,829

Purchase Details

Listed on
Jan 13, 2017
Closed on
Mar 16, 2017
Sold by
Empire Legacy Investments Llc
Bought by
Vela Ramon Salgado and Guzman Sergio Salgado
Seller's Agent
Judith Perales
American Freedom Realty
Buyer's Agent
Jose Corrales
HomeSmart
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Outstanding Balance
$119,708
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$214,829

Purchase Details

Closed on
Dec 7, 2016
Sold by
A2z Property Management Inc
Bought by
Empire Legacy Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,600
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2016
Sold by
Mancuso Danielle
Bought by
A2z Property Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,600
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 25, 2012
Sold by
Jaidi Llc
Bought by
Mancuso Salvatore
Seller's Agent
Robert Gurule
West USA Realty
Buyer's Agent
Norberto Robles, Jr
West USA Realty
List Price
$79,995
Sold Price
$71,000
Premium/Discount to List
-$8,995
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Listed on
Jan 11, 2012
Closed on
Feb 28, 2012
Sold by
Tschawuschian Jack
Bought by
Jaidi Llc
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Robert Gurule
West USA Realty
List Price
$30,000
Sold Price
$28,300
Premium/Discount to List
-$1,700
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2571.07%

Purchase Details

Listed on
Jan 11, 2012
Closed on
Feb 15, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Tschawuschian Jack
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Robert Gurule
West USA Realty
List Price
$30,000
Sold Price
$28,300
Premium/Discount to List
-$1,700
-5.67%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 24, 2011
Sold by
Bustamante Rosario Minerva
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Sep 12, 2003
Sold by
Alliance Property Holdings Llc
Bought by
Bustamante Rosario Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,486
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Valladee Frank H
Bought by
Alliance Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Guzman Sergio Salgado -- First Arizona Title Agency L
Vela Ramon Salgado -- First Arizona Title Agency L
Vela Ramon Salgado $149,900 First Arizona Title Agency L
Empire Legacy Investments Llc $115,850 Fidelity Natl Title Agency I
A2z Property Management Inc $102,000 Fidelity Natl Title Agency I
Mancuso Salvatore $71,000 Lawyers Title Of Arizona Inc
Jaidi Llc -- None Available
Tschawuschian Jack -- Accommodation
The Secretary Of Housing & Urban Develop $145,309 None Available
Jpmorgan Chase Bank Na $145,309 Accommodation
Bustamante Rosario Minerva $114,500 Grand Canyon Title Agency In
Alliance Property Holdings Llc $70,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Sergio Salgado $142,405
Previous Owner Empire Legacy Investments Llc $116,600
Previous Owner Bustamante Rosario Minerva $113,486
Previous Owner Alliance Property Holdings Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $149,900 0.0% $118 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $149,900 +111.1% $118 / Sq Ft
05/30/2012 05/30/12 Sold $71,000 -9.0% $56 / Sq Ft
05/19/2012 05/19/12 Price Changed $77,995 -2.5% $61 / Sq Ft
03/28/2012 03/28/12 For Sale $79,995 +182.7% $63 / Sq Ft
02/16/2012 02/16/12 Sold $28,300 -5.7% $22 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $30,000 -- $24 / 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 $837 $5,399 -- --
2024 $859 $5,142 -- --
2023 $859 $21,850 $4,370 $17,480
2022 $806 $16,770 $3,350 $13,420
2021 $823 $14,700 $2,940 $11,760
2020 $777 $13,280 $2,650 $10,630
2019 $741 $11,450 $2,290 $9,160
2018 $775 $10,320 $2,060 $8,260
2017 $739 $8,450 $1,690 $6,760
2016 $706 $7,250 $1,450 $5,800
2015 $651 $6,130 $1,220 $4,910
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Judith Perales

    American Freedom Realty

    (602) 942-4200

    13 Total Sales

    Judith Perales
    Section Image
  • Jose Corrales

    Buyer's Agent in 2017

    Jose Corrales

    HomeSmart

    (602) 331-5000

    59 Total Sales

    Jose Corrales
    Section Image

  • R

    Seller's Agent in 2012

    Robert Gurule

    West USA Realty

    Section Image
  • Steve McKamey

    Seller's Agent in 2012

    Steve McKamey

    Pro Star Realty

    (602) 402-8027

    73 Total Sales

    Steve McKamey
    Section Image

  • N

    Buyer's Agent in 2012

    Norberto Robles, Jr

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5546480

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-55-146

Arizona Maricopa County Phoenix 85035

5308 W Cambridge Ave Unit 2, Phoenix, AZ

This home is located at 5308 W Cambridge Ave Unit 2, Phoenix, AZ 85035 since 13 January 2017 and is currently estimated at $338,651, approximately $265 per square foot. This property was built in 1962. 5308 W Cambridge Ave Unit 2 is a home located in Maricopa County with nearby schools including Cartwright School, Maryvale High School, and Phoenix Coding Academy.

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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