$57,500
SOLD APR 20, 2014

5438 W Cheery Lynn Rd Phoenix, AZ 85031

4 Beds
2 Baths
1,305 Sq Ft
7,301 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

22% Below List Price

42 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Community Playground
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Playground

About This Home

As of July 2016

Centrally located home with 4 bedrooms and 2 bathrooms. Home has great layout and design. Work needed to bring home to life.

Last Agent to Sell the Property

Marlene Cerreta

Cerreta Real Estate License #BR536275000 Listed on: 02/28/2014

Co-Listed By

Aimee Mitchell

Cerreta Real Estate License #SA536274000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 1959

Lot Details

  • 7,301 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Block Exterior

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Maryvale High Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6586
  • Assessor Parcel Number 103-38-046

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Maryvale Terrace 19 Lot 6 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 51ST AVE & THOMAS
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1959
  • Tax Year: 2013
  • Directions: WEST TO 55TH AVE * NORTH TO EARLL EAST TO 54TH LANE * NORTH TO CHEERY LYNN * EAST TO HOUSE
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: cerr01
  • Co List Office Phone: 623-266-6888
  • Subdivision Name: MARYVALE TERRACE 19 LOT 6
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Special Features: Auction

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1305.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s), Playground, Patio
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • 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:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Maryvale High School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7301.0
  • Parcel #: 103-38-046
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 556.0
  • Tax Book Number: 103.00
  • Tax Lot: 6586
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jul 16, 2016
Sold by
Regency Enterprises Limited Partneship
Bought by
Herrera Elizabeth Cruz and Lozano Flor
Seller's Agent
Stacie Whitfield
Flat List RE
Buyer's Agent
Carin Nguyen
Real Broker
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$360,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,984
Avg. Annual Appreciation
8.11%
Original Mortgage
$171,830
Outstanding Balance
$142,384
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$215,788

Purchase Details

Closed on
Nov 3, 2015
Sold by
Shekhar Stephen and Shekhar Claudette Dorita
Bought by
Regency Enterprises Limited Partnership

Purchase Details

Closed on
Jun 25, 2015
Sold by
Shekhar Stephen
Bought by
Shekhar Stephen and Shekhar Claudette Dorita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2014
Closed on
Apr 9, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Shekhar Stephen
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$73,255
Sold Price
$57,500
Premium/Discount to List
-$15,755
-21.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%

Purchase Details

Closed on
Dec 4, 2013
Sold by
Rosas Melinda
Bought by
Nationstar Mortage Llc

Purchase Details

Closed on
Dec 28, 2006
Sold by
Rosas Melinda
Bought by
Rosas Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
10.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2000
Sold by
Carreon Chris
Bought by
Rosas Melinda
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 Type Sale Price Title Company
Warranty Deed $175,000 First American Title Ins Co
Warranty Deed -- None Available
Interfamily Deed Transfer -- Title365 Company
Cash Sale Deed $57,500 Title365 National Solutions
Trustee Deed $161,907 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $85,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,830 FHA
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $175,000 0.0% $105 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
05/10/2016 05/10/16 Price Changed $175,000 -5.4% $105 / Sq Ft
04/25/2016 04/25/16 For Sale $185,000 +221.7% $111 / Sq Ft
04/20/2014 04/20/14 Sold $57,500 -21.5% $44 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $73,255 0.0% $56 / Sq Ft
04/07/2014 04/07/14 Price Changed $73,255 +6.2% $56 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
04/07/2014 04/07/14 Price Changed $69,000 -24.2% $53 / Sq Ft
02/28/2014 02/28/14 For Sale $91,000 -- $70 / 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 $1,505 $9,703 -- --
2024 $1,543 $9,241 -- --
2023 $1,543 $23,320 $4,660 $18,660
2022 $1,449 $18,860 $3,770 $15,090
2021 $1,479 $16,300 $3,260 $13,040
2020 $1,396 $14,580 $2,910 $11,670
2019 $1,332 $12,370 $2,470 $9,900
2018 $1,392 $11,370 $2,270 $9,100
2017 $1,328 $9,320 $1,860 $7,460
2016 $1,268 $8,230 $1,640 $6,590
2015 $668 $6,480 $1,290 $5,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5077105

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-38-046