NOT LISTED FOR SALE

5438 E Verde Ln Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,399,000 - $1,582,185

4 Beds
3 Baths
2,510 Sq Ft
$602/Sq Ft Est. Value

Last Sold April 11, 2019

Last sale price $356,000 $142 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $8,330/month

8 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Central Air
  • Tavan Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Arcadia Park

About This Home

As of April 2019

Attention Builders,Investors!- This property is located in one of the hottest of Arcadia neighborhoods! Properties are being rebuilt and remodeled that are selling in the $700's. This home has been gutted and is ready for your vision. Keep the current new framed floor plan or build new. *Buyer to verify property condition before offer. ''As-Is'' sale.
This sale is subject to short sale lender approval and must be a cash or hard money purchase.

Last Agent to Sell the Property

Aran Fontaine

HomeSmart License #BR509542000 Listed on: 01/16/2019

HomeSmart

Last Buyer's Agent

Unknown Agent

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,274

Year Built

  • Built in 1954

Lot Details

  • 8,956 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,510 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Sale
  • Tax Lot 53
  • Assessor Parcel Number 128-25-039

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Sherwood Towne Tract A Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,274

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 56th Street and Thomas
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1954
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: SHERWOOD TOWNE TRACT A
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 141.83
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 2510.0
  • Stories: 1
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: Tavan Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8956.0
  • Parcel #: 128-25-039

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2274.0
  • Tax Book Number: 128.00
  • Tax Lot: 53
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Davis Nancy and Davis John
Bought by
Davis Trust and Davis
Current Estimated Value
$1,510,395

Purchase Details

Closed on
Sep 22, 2020
Sold by
Davis Nancy and Davis John
Bought by
Davis John and Davis Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2019
Sold by
Cabin 160 Llc
Bought by
Davis Nancy L and Davis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 19, 2019
Sold by
Sandahl Doug
Bought by
Cabin 160 Llc
Seller's Agent
Aran Fontaine
HomeSmart
Buyer's Agent
Aran Fontaine
HomeSmart
List Price
$350,000
Sold Price
$356,000
Premium/Discount to List
$6,000
1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.23%
Original Mortgage
$25,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 28, 2018
Closed on
Jun 11, 2018
Sold by
King Steven Alan
Bought by
Russ Scott Randell
Seller's Agent
Maria Allman
ROI Asset Management Solutions
Buyer's Agent
Joshua Brown
HomeSmart
List Price
$485,000
Sold Price
$453,100
Premium/Discount to List
-$31,900
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.48%
Original Mortgage
$468,052
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 2001
Sold by
King Jack W and King Charline E
Bought by
King Steven Alan

Purchase Details

Closed on
Apr 15, 1997
Sold by
King Jack W and King Charline E
Bought by
King Jack W and King Charline E
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
Davis Trust -- None Listed On Document
Davis John -- None Available
Davis Nancy L $750,000 Empire West Title Agency Llc
Cabin 160 Llc -- Empire West Title Agency Llc
Sandahl Doug $356,000 Empire West Title Agency Llc
Russ Scott Randell $453,100 Grand Canyon Title Agency
King Steven Alan -- --
King Jack W -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis John $488,500
Previous Owner Davis Nancy L $426,000
Previous Owner Sandahl Doug $25,000
Previous Owner Russ Scott Randell $468,052
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2019 04/11/19 Sold $356,000 +1.7% $142 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $350,000 -22.8% $139 / Sq Ft
06/15/2018 06/15/18 Sold $453,100 -6.6% $181 / Sq Ft View Prior Sale
04/28/2018 04/28/18 For Sale $485,000 0.0% $193 / Sq Ft
06/15/2016 06/15/16 Rented $1,775 0.0% --
05/27/2016 05/27/16 Price Changed $1,775 -4.1% $1 / Sq Ft
05/20/2016 05/20/16 Price Changed $1,850 -5.1% $1 / Sq Ft
05/10/2016 05/10/16 For Rent $1,950 -- --
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 $4,614 $63,360 -- --
2024 $4,280 $60,343 -- --
2023 $4,280 $101,760 $20,350 $81,410
2022 $4,080 $69,620 $13,920 $55,700
2021 $4,251 $70,560 $14,110 $56,450
2020 $4,179 $70,920 $14,180 $56,740
2019 $2,686 $43,180 $8,630 $34,550
2018 $2,274 $39,380 $7,870 $31,510
2017 $1,827 $39,230 $7,840 $31,390
2016 $1,061 $18,350 $3,670 $14,680
2015 $1,013 $18,350 $3,670 $14,680
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Aran Fontaine

    HomeSmart

    Section Image

  • U

    Buyer's Agent in 2019

    Unknown Agent

    Realty Executives

  • Maria Allman

    Seller's Agent in 2018

    Maria Allman

    ROI Asset Management Solutions

    (602) 909-2337

    5 in this area

    17 Total Sales

    Maria Allman
    Section Image
  • Joshua Brown

    Buyer's Agent in 2018

    Joshua Brown

    HomeSmart

    (480) 285-6508

    1 in this area

    16 Total Sales

    Joshua Brown
    Section Image

  • M

    Seller's Agent in 2016

    Michael Tiers

    Guardian Realty & Mgmt, Inc

    (602) 316-3641

    3 in this area

    22 Total Sales

    Michael Tiers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5868834

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-25-039

Arizona Maricopa County Phoenix 85018 Camelback East Village

5438 E Verde Ln, Phoenix, AZ

Not Listed for Sale

Detached

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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