NOT LISTED FOR SALE

5402 S 48th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $341,000 - $353,000

3 Beds
2 Baths
1,128 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $140,000 $124 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,883/month

21 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • Covered Patio or Porch
  • Corner Lot
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2015

Corner lot home! Move in Ready. Brand new kitchen, granite counter tops, brand new appliances. Beautiful back splash. Beautiful bathrooms/partial remodel. Brand new ceramic title though the house. freshly paint. ceiling fans in all the rooms. inside laundry. Big lot, brand new gates. At five minutes from the Phoenix International Airport. ten minutes from ASU. Tempe school district. Storage room on the back. You will love this home.

Last Agent to Sell the Property

Maria Smith

My Home Group Real Estate License #SA548180000 Listed on: 10/26/2015

My Home Group Real Estate

Last Buyer's Agent

Christopher Love

Realty ONE Group License #SA654931000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $556

Year Built

  • Built in 1971

Lot Details

  • 7,593 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Twin Home
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Frank Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include (see remarks)
  • Patio Homes East 3 Subdivision

Listing and Financial Details

  • Tax Lot 276
  • Assessor Parcel Number 123-12-120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$556

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Southern and 48th
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2015
  • Directions: North on 48th street from Southern
  • Property Sub Type: Gemini/Twin Home
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: PATIO HOMES EAST 3
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Granite Counters
  • Living Area: 1128.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: 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:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Frank Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7593.0
  • Parcel #: 123-12-120
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 556.0
  • Tax Book Number: 123.00
  • Tax Lot: 276
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 8, 2015
Sold by
Khan Akm K
Bought by
Pacheco Anatolio and Pacheco Kristin
Seller's Agent
Maria Smith
My Home Group Real Estate
Buyer's Agent
Christopher Love
Realty ONE Group
List Price
$158,500
Sold Price
$140,000
Premium/Discount to List
-$18,500
-11.67%
Current Estimated Value
$345,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,817
Avg. Annual Appreciation
9.74%
Original Mortgage
$133,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2011
Sold by
Khan Aasia
Bought by
Khan Akm K

Purchase Details

Closed on
Aug 12, 2011
Sold by
Deutsche Bank National Trust
Bought by
Khan Akm K

Purchase Details

Closed on
Jun 27, 2011
Sold by
Desantiago Martha
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 9, 2006
Sold by
Mendoza Paola and Mendoza Paula
Bought by
Desantiago Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,600
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 1, 2005
Sold by
Diaz Alberto and Diaz Margarita
Bought by
Mendoza Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2002
Sold by
Duran Ramon Feliciano
Bought by
Diaz Alberto and Diaz Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,916
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 17, 2002
Sold by
Meneses Ramona Romero
Bought by
Diaz Carlos Pasqual

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,916
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 1999
Sold by
Mendoza Connie M and Mendoza Petra N
Bought by
Duran Ramon Feliciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 1995
Sold by
Oesau Edward and Oesau Edward L
Bought by
Candelaria Connie M and Mendoza Petra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,936
Interest Rate
8.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1995
Sold by
Hud
Bought by
Oesau Edward L

Purchase Details

Closed on
Oct 17, 1994
Sold by
Fairchild Mtg Service Inc
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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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
Pacheco Anatolio $140,000 Old Republic Title Agency
Khan Akm K -- Servicelink
Khan Akm K -- Servicelink
Deutsche Bank National Trust Company $39,000 Accommodation
Desantiago Martha $183,000 Land Title Agency Of Az Inc
Mendoza Paula $130,000 Camelback Title Agency Llc
Diaz Alberto $102,500 Transnation Title Insurance
Diaz Carlos Pasqual -- Transnation Title Insurance
Duran Ramon Feliciano $72,000 Fidelity Title
Candelaria Connie M $54,000 Transamerica Title Ins Co
Oesau Edward L -- Security Title Agency
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Anatolio $133,000
Previous Owner Desantiago Martha $146,400
Previous Owner Mendoza Paula $104,000
Previous Owner Diaz Alberto $100,916
Previous Owner Duran Ramon Feliciano $71,400
Previous Owner Candelaria Connie M $53,936
Closed Mendoza Paula $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $140,000 -12.4% $124 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
10/26/2015 10/26/15 Price Changed $159,900 +0.9% $142 / Sq Ft
10/26/2015 10/26/15 For Sale $158,500 -- $141 / 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 $595 $6,359 -- --
2024 $591 $6,056 -- --
2023 $591 $21,110 $4,220 $16,890
2022 $566 $16,300 $3,260 $13,040
2021 $579 $16,580 $3,310 $13,270
2020 $559 $14,130 $2,820 $11,310
2019 $549 $12,410 $2,480 $9,930
2018 $534 $11,770 $2,350 $9,420
2017 $515 $9,220 $1,840 $7,380
2016 $512 $8,010 $1,600 $6,410
2015 $556 $6,060 $1,210 $4,850
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Maria Smith

    My Home Group

    (480) 244-9165

    1 in this area

    8 Total Sales

    Maria Smith
    Section Image

  • C

    Buyer's Agent in 2015

    Christopher Love

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5354096

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-12-120

Arizona Maricopa County Phoenix 85040 South Mountain

5402 S 48th St, Phoenix, AZ

This home is located at 5402 S 48th St, Phoenix, AZ 85040 since 26 October 2015 and is currently estimated at $345,817, approximately $306 per square foot. This property was built in 1971. 5402 S 48th St is a home located in Maricopa County with nearby schools including Wood Elementary School, Geneva Epps Mosley Middle School, and Tempe 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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