NOT LISTED FOR SALE

5438 S 48th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $325,000 - $354,000

3 Beds
2 Baths
1,128 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $170,000 $151 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,809/month

25 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Patio
  • Private Yard
  • Detached Garage
  • Accessible Hallway

About This Home

As of April 2019

Granite tile kitchen counters, raised panel oak cabinets. Italian tile in kitchen, hall, bath floors, tile surrounds around tub and shower. 2-car carport, storage. AC upgraded to modern more efficient 14 SEER unit October 2015. Gas furnace and water heater.

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 02/14/2019

Last Buyer's Agent

Paul-Anthony Reyes

Impresa Real Estate License #SA674352000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $536

Year Built

  • Built in 1971

Lot Details

  • 6,094 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard

Home Design

  • Twin Home
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Granite Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Side or Rear Entrance to Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

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

Additional Features

  • Accessible Hallway
  • ENERGY STAR Qualified Equipment

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Patio Homes East 3 Subdivision

Listing and Financial Details

  • Tax Lot 283
  • Assessor Parcel Number 123-12-127

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$536

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Southern AVE
  • 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
  • Cooling HVAC SEER Rating: 14
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 1989
  • Items Updated Floor Yr Updated: 1989
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2018
  • Directions: Between Southern AVE and Broadway RD on Phoenix side of 48th ST
  • Attribution Contact: 888-881-4118
  • Property Sub Type: Gemini/Twin Home
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: PATIO HOMES EAST 3
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, 3/4 Bath Master Bdrm
  • Living Area: 1128.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Private Yard, Storage
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: None
  • Common Walls: 1 Common Wall
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Rear Vehicle Entry, Detached
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: Wood School
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6094.0
  • Parcel #: 123-12-127

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 536.0
  • Tax Book Number: 123.00
  • Tax Lot: 283
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 10, 2019
Sold by
Ippolito Joseph W
Bought by
Cortes Ventura Omar Y
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Paul-Anthony Reyes
Impresa Real Estate
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%
Current Estimated Value
$333,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,025
Avg. Annual Appreciation
10.91%
Original Mortgage
$164,326
Interest Rate
5.37%
Mortgage Type
FHA
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
Cortes Ventura Omar Y $170,000 Magnus Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Ventura Omar Y $164,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $170,000 +0.6% $151 / Sq Ft
02/14/2019 02/14/19 For Sale $169,000 -- $150 / 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 $516 $5,513 -- --
2024 $512 $5,250 -- --
2023 $512 $20,450 $4,090 $16,360
2022 $491 $15,860 $3,170 $12,690
2021 $502 $15,030 $3,000 $12,030
2020 $485 $12,780 $2,550 $10,230
2019 $476 $11,110 $2,220 $8,890
2018 $536 $10,430 $2,080 $8,350
2017 $518 $8,210 $1,640 $6,570
2016 $514 $6,980 $1,390 $5,590
2015 $482 $5,230 $1,040 $4,190
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jared English

    Congress Realty, Inc.

    (888) 881-4118

    15 in this area

    3,563 Total Sales

    Jared English
    Section Image

  • P

    Buyer's Agent in 2019

    Paul-Anthony Reyes

    Impresa Real Estate

    Section Image
  • Mona Sanchez

    Buyer Co-Listing Agent in 2019

    Mona Sanchez

    Impresa Real Estate

    (623) 363-3155

    1 in this area

    11 Total Sales

    Mona Sanchez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5883300

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-12-127

Arizona Maricopa County Phoenix 85040 South Mountain

5438 S 48th St, Phoenix, AZ

This home is located at 5438 S 48th St, Phoenix, AZ 85040 since 14 February 2019 and is currently estimated at $333,025, approximately $295 per square foot. This property was built in 1971. 5438 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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