NOT LISTED FOR SALE

5434 S 48th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $331,011 - $355,000

4 Beds
2 Baths
1,316 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $48,000 $36 Per Sq Ft

Est. 614% increase in value since last sale

Current estimated payment $1,871/month

10 Days on Market

Highlights

  • RV Gated
  • Eat-In Kitchen
  • Heating Available
  • No HOA
  • Tile Flooring
  • Patio Home

About This Home

As of June 2012

HUD HOME. Property in great condition, nice, and clean. It features 4 bedrooms, 2 baths, and a large backyard with RV Gate. Property in a highly desired area, close to stores and shopping centers. Great home priced just right!! Show and sell, this property will not last long!!

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 03/06/2012

RE/MAX Desert Showcase

Co-Listed By

Cindy Vega

RE/MAX New Heights Realty License #SA641148000

Last Buyer's Agent

Matt Olsen

My Home Group Real Estate License #SA638613000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 1971

Lot Details

  • 6,499 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • RV Gated

Home Design

  • Patio Home
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Nevitt Elementary School
  • Geneva Epps Mosley Middle School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Patio Homes East Subdivision

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 123-12-126

Home Details

Home Type

Single Family

Est. Annual Taxes

$787

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 48TH STREET AND SOUTHERN
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Year Built: 1971
  • Tax Year: 2011
  • Directions: North on 48th St, home on west side of street.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: rmnh01
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: PATIO HOMES EAST
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Appraiser
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • 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: 1316.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Alley, Desert Front, Natural Desert Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: RV Gate
  • Attached Garage: No
  • Parking Features:RV Gate: Yes

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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Nevitt Elementary 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: 6499.0
  • Parcel #: 123-12-126
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 123.00
  • Tax Lot: 282
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jun 4, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Gonzales Fernando G
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Matt Olsen
My Home Group Real Estate
List Price
$33,000
Sold Price
$48,000
Premium/Discount to List
$15,000
45.45%
Current Estimated Value
$342,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,753
Avg. Annual Appreciation
16.15%
Original Mortgage
$29,600
Outstanding Balance
$20,885
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$331,833

Purchase Details

Closed on
May 23, 2011
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urband Developmen

Purchase Details

Closed on
May 16, 2011
Sold by
Lopez Jose Galvan and Arriaga Josefina Galvan
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 21, 2008
Sold by
Salzwedel Kevin and Salzwedel Mitchel
Bought by
Lopez Jose Galvan and Arriaga Josefina Galvan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,957
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2008
Sold by
Salzwedel Terri L
Bought by
Salzwedel Mitchel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,957
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2005
Sold by
Salzwedel Bryan
Bought by
Salzwedel Kevin and Salzwedel Mitchel

Purchase Details

Closed on
Aug 16, 2004
Sold by
Salzwedel Mitchel
Bought by
Salzwedel Kevin and Salzwedel Brian
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
Gonzales Fernando G -- Grand Canyon Title Agency
Secretary Of Housing & Urband Developmen -- None Available
Us Bank Na $153,707 Great American Title Aegncy
Lopez Jose Galvan $145,500 Stewart Title & Trust Of Pho
Salzwedel Mitchel -- Stewart Title & Trust Of Pho
Salzwedel Kevin -- Stewart Title & Trust Of Pho
Salzwedel Kevin $35,000 --
Salzwedel Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Fernando G $29,600
Previous Owner Lopez Jose Galvan $143,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2012 06/07/12 Sold $48,000 +45.5% $36 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $33,000 -- $25 / 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 $644 $5,926 -- --
2024 $639 $5,644 -- --
2023 $639 $21,530 $4,300 $17,230
2022 $616 $16,700 $3,340 $13,360
2021 $621 $15,480 $3,090 $12,390
2020 $602 $13,210 $2,640 $10,570
2019 $591 $11,520 $2,300 $9,220
2018 $576 $10,980 $2,190 $8,790
2017 $557 $8,680 $1,730 $6,950
2016 $552 $7,460 $1,490 $5,970
2015 $518 $5,570 $1,110 $4,460
Source: Public Records

Agents Affiliated with this Home

  • Victor Vidales

    Seller's Agent in 2012

    Victor Vidales

    RE/MAX

    (602) 617-8293

    29 in this area

    89 Total Sales

    Victor Vidales
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Cindy Vega

    RE/MAX

  • M

    Buyer's Agent in 2012

    Matt Olsen

    My Home Group Real Estate

    (602) 616-8384

    1 in this area

    3 Total Sales

    Matt Olsen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4726037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-12-126

Arizona Maricopa County Phoenix 85040 South Mountain

5434 S 48th St, Phoenix, AZ

This home is located at 5434 S 48th St, Phoenix, AZ 85040 since 06 March 2012 and is currently estimated at $342,753, approximately $260 per square foot. This property was built in 1971. 5434 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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