NOT LISTED FOR SALE

5501 W Berkeley Rd Phoenix, AZ 85035

Estimated Value: $326,000 - $345,000

3 Beds
2 Baths
1,248 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $48,000 $38 Per Sq Ft

Est. 599% increase in value since last sale

Current estimated payment $1,845/month

8 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Outdoor Storage
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Wrought Iron Fence

About This Home

As of February 2012

This 1,248 square foot home features 3 bedrooms, 2 bathrooms, a front, formal living room with hand carved oak double doors, rustic kitchen, tile and carpet flooring, two car garage, large storage space, custom rear patio the length of the home, pool sized backyard, extended front patio, and a decadent wrought iron and block front fence with attached rolling gate.

Last Agent to Sell the Property

Keith Grayson

Grayson Real Estate License #BR636932000 Listed on: 01/26/2012

Last Buyer's Agent

Ivan Mendoza

HomeSmart License #SA580730000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1971

Lot Details

  • 6,765 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Gated Parking

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Desert Sands Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Tax Lot 294
  • Assessor Parcel Number 103-16-502

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Berkeley Rd and 55th Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1971
  • Tax Year: 2011
  • Directions: From I-10 and 51st Ave go North, West on McDowell Rd, North on 55th Ave, West on Berkeley, it is the first house on the south west corner of Berkeley and 55th ave.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Maryvale Terrace
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1248.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Gas Stub for Range: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Gated Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Desert Sands Middle School

Lot Info

  • Lot Size Sq Ft: 6765.0
  • Parcel #: 103-16-502
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 612.98
  • Tax Book Number: 103.00
  • Tax Lot: 294
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2012
Closed on
Feb 8, 2012
Sold by
The Bank Of New York Mellon
Bought by
Almonte Francisco Javier
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Ivan Mendoza
HomeSmart
List Price
$35,900
Sold Price
$48,000
Premium/Discount to List
$12,100
33.7%
Current Estimated Value
$335,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,336
Avg. Annual Appreciation
15.25%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Gamino Joel M and Gamino Senorina V
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Almonte Francisco Javier $48,000 Lsi Title Agency
The Bank Of New York Mellon $229,258 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamino Joel M $192,690
Previous Owner Gamino Joel $55,000
Previous Owner Gamino Joel M $117,000
Previous Owner Gamino Joel M $46,000
Previous Owner Gamino Joel M $30,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $48,000 0.0% $38 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/30/2012 01/30/12 Off Market $48,000 -- --
01/26/2012 01/26/12 For Sale $35,900 -- $29 / 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 $893 $5,757 -- --
2024 $915 $5,483 -- --
2023 $915 $22,550 $4,510 $18,040
2022 $860 $18,180 $3,630 $14,550
2021 $877 $15,120 $3,020 $12,100
2020 $828 $13,870 $2,770 $11,100
2019 $790 $11,970 $2,390 $9,580
2018 $826 $10,630 $2,120 $8,510
2017 $788 $8,780 $1,750 $7,030
2016 $752 $7,450 $1,490 $5,960
2015 $694 $6,370 $1,270 $5,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4707183

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-16-502