NOT LISTED FOR SALE

5463 W Cambridge Ave Unit 2 Phoenix, AZ 85035

Estimated Value: $270,000 - $367,000

4 Beds
2 Baths
1,898 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 18, 2014

Last sale price $89,900 $47 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,829/month

19 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Wood Frame Window
  • Tile Flooring

About This Home

As of January 2014

Nice Ranch Style Home, custom Mexican tile countertops, open floorplan, bonus room & large living room. Large Private Yard, in good condition- move in ready.

Last Agent to Sell the Property

Duane Mantey

American Realty Brokers License #SA579855000 Listed on: 11/27/2013

Last Buyer's Agent

Dora Salazar

West USA Realty License #SA645464000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1962

Lot Details

  • 7,200 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Frame Window
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Cambridge Preparatory Academy Elementary School
  • Frank Borman Middle School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Terrace Subdivision

Listing and Financial Details

  • Tax Lot 253
  • Assessor Parcel Number 103-55-167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$685

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 55th AVE & Thomas Rd
  • 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: HOMESTEAD TERRACE
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 47.36
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1898.0
  • Stories: 1
  • Window Features: Wood Frames
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: Cambridge Preparatory Academy
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7200.0
  • Parcel #: 103-55-167

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 685.4
  • Tax Book Number: 103.00
  • Tax Lot: 253
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2013
Closed on
Jan 7, 2014
Sold by
Valenzuela Basti E Arreola and Inda Fredi E
Bought by
Inda Fredi E
Seller's Agent
Duane Mantey
American Realty Brokers
Buyer's Agent
Dora Salazar
West USA Realty
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$329,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,277
Avg. Annual Appreciation
11.55%
Original Mortgage
$53,940
Outstanding Balance
$40,815
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$288,362

Purchase Details

Listed on
Nov 27, 2013
Closed on
Jan 2, 2014
Sold by
Schmaltz Jerome J and Schmaltz Lola
Bought by
Inda Fredi E
Seller's Agent
Duane Mantey
American Realty Brokers
Buyer's Agent
Dora Salazar
West USA Realty
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,940
Outstanding Balance
$40,815
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$288,362

Purchase Details

Closed on
Mar 8, 2011
Sold by
Serenity House Sober Living Llc
Bought by
Schmaltz Jerome J and Schmaltz Lola

Purchase Details

Closed on
Aug 3, 2009
Sold by
Qiu Mei Juan
Bought by
Serenity House Sober Living Llc

Purchase Details

Closed on
Jun 1, 2009
Sold by
Lasalle Bank National Association
Bought by
Qiu Mei Juan

Purchase Details

Closed on
Jan 7, 2009
Sold by
Nieto Valente R
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Dec 20, 2006
Sold by
Martinez Blanca E
Bought by
Nieto Valiente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.45%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 23, 1996
Sold by
Palmer Dalvin S
Bought by
Nieto Valente and Martinez Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,714
Interest Rate
8.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1995
Sold by
Lucas William Edward and Lucas Anne Margaret
Bought by
Palmer Dalvin S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Inda Fredi E -- Stewart Title & Trust Of Pho
Inda Fredi E $89,900 Stewart Title & Trust Of Pho
Schmaltz Jerome J $48,000 Chicago Title
Serenity House Sober Living Llc $56,000 First American Title Ins Co
Qiu Mei Juan $40,000 Security Title Agency
Lasalle Bank National Association $56,000 None Available
Nieto Valiente -- Grand Canyon Title Agency In
Nieto Valente $60,000 First Southwestern Title
Palmer Dalvin S -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inda Fredi E $53,940
Closed Inda Fredi E $53,940
Previous Owner Nieto Valiente $192,000
Previous Owner Nieto Valente $59,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2014 01/18/14 Sold $89,900 0.0% $47 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/27/2013 11/27/13 For Sale $89,900 -- $47 / 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 $1,087 $6,209 -- --
2024 $1,080 $5,913 -- --
2023 $1,080 $23,080 $4,610 $18,470
2022 $1,019 $17,630 $3,520 $14,110
2021 $1,031 $15,350 $3,070 $12,280
2020 $978 $14,060 $2,810 $11,250
2019 $935 $12,030 $2,400 $9,630
2018 $973 $11,130 $2,220 $8,910
2017 $941 $8,960 $1,790 $7,170
2016 $900 $7,750 $1,550 $6,200
2015 $839 $6,950 $1,390 $5,560
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Duane Mantey

    American Realty Brokers

  • Dora Salazar

    Buyer's Agent in 2014

    Dora Salazar

    West USA Realty

    (480) 709-5197

    32 Total Sales

    Dora Salazar
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5036968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-55-167

Arizona Maricopa County Phoenix 85035

5463 W Cambridge Ave Unit 2, Phoenix, AZ

Not Listed for Sale

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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