5417 S 3rd St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $174,000 - $338,000
2
Beds
1
Bath
851
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- 0.31 Acre Lot
- No HOA
- Tile Flooring
- Phoenix Coding Academy Rated A
- Eat-In Kitchen
- Evaporated cooling system
About This Home
As of August 2013THIS IS A TREMENDOUS OPPORTUNITY! THIS IS A HUGE PROPERTY THAT IS ZONED MULTI FAMILY. IT HAS HUGE UPSIDE POTENTIAL. THE CURRENT HOUSE IS IN GREAT SHAPE WITH A REMODELED KITCHEN. CURRENT TENANT IS WILLING TO STAY, OR IT COULD BE OWNER OCCUPIED TOO. THERE IS ROOM FOR EVERYTHING. IT IS A SHORT COMMUTE TO DOWNTOWN PHOENIX!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $273
Year Built
- Built in 1956
Lot Details
- 0.31 Acre Lot
- Desert faces the front and back of the property
- Chain Link Fence
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 851 Sq Ft Home
- 1-Story Property
- Eat-In Kitchen
- Washer and Dryer Hookup
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Schools
- Roosevelt Elementary School
- South Mountain High School
Utilities
- Evaporated cooling system
- Heating Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Southern Height 1 4 Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 113-42-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2012
Closed on
Aug 8, 2013
Sold by
Berry Michael A
Bought by
Stuart Revae
Seller's Agent
Erica Curtin
HomeSmart
Buyer's Agent
Laney Brandt
Compass
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Total Days on Market
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,163
Avg. Annual Appreciation
17.97%
Original Mortgage
$34,366
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 23, 2012
Closed on
Aug 6, 2013
Sold by
Stuart Revae
Bought by
Tuloza Esteban Davila and Davila Concepcion Castro
Seller's Agent
Erica Curtin
HomeSmart
Buyer's Agent
Laney Brandt
Compass
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,366
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 18, 2012
Sold by
Income Deversification Strategies Llc
Bought by
Stuart Revae
Purchase Details
Closed on
Apr 28, 2008
Sold by
Stuart Revae
Bought by
Income Diversification Strategies Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2008
Sold by
Income Diversification Strategies Llc
Bought by
Stuart Revae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2007
Sold by
Carter David C and Carter Francine C
Bought by
Income Diversification Strategies Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.13%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 3, 1996
Sold by
Carter Jackie M
Bought by
Carter David Charles and Carter Francine
Similar Homes in Phoenix, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stuart Revae | -- | First Arizona Title Agency | |
| Tuloza Esteban Davila | $35,000 | First Arizona Title Agency | |
| Stuart Revae | -- | None Available | |
| Income Diversification Strategies Llc | -- | None Available | |
| Stuart Revae | -- | None Available | |
| Income Diversification Strategies Llc | $85,000 | First American Title Ins Co | |
| Carter David Charles | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Toloza Esteban Davila | $50,000 | |
| Closed | Tuloza Esteban Davila | $34,366 | |
| Previous Owner | Income Diversification Strategies Llc | $60,000 | |
| Previous Owner | Stuart Revae M | $81,900 | |
| Previous Owner | Income Diversification Strategies Llc | $10,000 | |
| Previous Owner | Diversification Strategies Llc | $64,008 | |
| Previous Owner | Fair Deals Fast Llc | $60,000 | |
| Previous Owner | Income Diversification Strategies Llc | $63,000 | |
| Previous Owner | Carter David Charles | $82,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2013 08/16/13 | Sold | $35,000 | 0.0% | $41 / Sq Ft |
| 11/27/2012 11/27/12 | Pending | -- | -- | -- |
| 11/06/2012 11/06/12 | Price Changed | $35,000 | -12.5% | $41 / Sq Ft |
| 10/23/2012 10/23/12 | For Sale | $40,000 | -- | $47 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $441 | $3,349 | -- | -- |
| 2024 | $428 | $3,189 | -- | -- |
| 2023 | $428 | $15,780 | $3,150 | $12,630 |
| 2022 | $419 | $11,460 | $2,290 | $9,170 |
| 2021 | $432 | $9,780 | $1,950 | $7,830 |
| 2020 | $427 | $9,000 | $1,800 | $7,200 |
| 2019 | $412 | $7,300 | $1,460 | $5,840 |
| 2018 | $400 | $6,260 | $1,250 | $5,010 |
| 2017 | $373 | $4,380 | $870 | $3,510 |
| 2016 | $354 | $3,870 | $770 | $3,100 |
| 2015 | $329 | $2,910 | $580 | $2,330 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Curtin
Seller's Agent in 2013
Erica Curtin
HomeSmart
(602) 499-0477
-
Laney Brandt
L
Buyer's Agent in 2013
Laney Brandt
Compass
(602) 570-5395
3 in this area
86 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4838806
APN: 113-42-016
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.
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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