NOT LISTED FOR SALE

Estimated Value: $557,000 - $664,000

3 Beds
2 Baths
1,341 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $415,000 $309 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,394/month

1 Day on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Covered Patio or Porch
  • Tavan Elementary School Rated A
  • No HOA
  • 3-minute walk to Arcadia Park

About This Home

As of March 2021

This home is located at 5502 E Thomas Rd, Phoenix, AZ 85018 since 16 March 2021 and is currently estimated at $622,827, approximately $464 per square foot. This property was built in 1955. 5502 E Thomas Rd is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

Last Agent to Sell the Property

William Haley

Cambridge Properties License #SA518922000 Listed on: 03/16/2021

Last Buyer's Agent

William Haley

Cambridge Properties License #SA518922000 Listed on: 03/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 1955

Lot Details

  • 9,004 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Circular Driveway

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 128-25-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,223

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: E Thomas RD and 56th ST
  • 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
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1955
  • Tax Year: 2020
  • Directions: From intersection head west on Thomas to home on the left side (north) of Thomas
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: SHERWOOD TOWNE TRACT A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1341.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Other, Storage
  • Lot Features: Alley, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Circular Driveway
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9004.0
  • Parcel #: 128-25-009

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 1223.0
  • Tax Book Number: 128.00
  • Tax Lot: 17
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Mar 5, 2021
Sold by
Kear Adam J and Kear Kimberly
Bought by
Liles Elliot A and Liles Maria E
Seller's Agent
William Haley
Cambridge Properties
Buyer's Agent
William Haley
Cambridge Properties
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$622,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,827
Avg. Annual Appreciation
9.57%
Original Mortgage
$251,000
Outstanding Balance
$227,545
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$399,681

Purchase Details

Listed on
Nov 19, 2018
Closed on
Feb 5, 2019
Sold by
Zdeb Matthew R and Zdeb Jennifer L
Bought by
Kear Adam J and Kear Kimberly
Seller's Agent
Amy Lavine
RE/MAX Fine Properties
Buyer's Agent
William Haley
Cambridge Properties
List Price
$360,000
Sold Price
$300,000
Premium/Discount to List
-$60,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2013
Closed on
Jul 24, 2013
Sold by
Edelman Ran
Bought by
Zdeb Matthew R and Zdeb Jennifer L
Seller's Agent
Deann Fry
West USA Realty
Buyer's Agent
Lance Leonard
Better Homes & Garden Real Estate Move Time Realty
List Price
$259,900
Sold Price
$200,000
Premium/Discount to List
-$59,900
-23.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$160,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Davidoff Ronald
Bought by
Edelman Ran and The Silicon Productizations Solutions In

Purchase Details

Closed on
Jun 15, 2012
Sold by
Verdugo Rona J
Bought by
Davidoff Ronald

Purchase Details

Closed on
Jan 4, 2002
Sold by
Powers Martha B
Bought by
Verdugo Rona J
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
Liles Elliot A $415,000 Fidelity Natl Ttl Agcy Inc
Kear Adam J $300,000 Fidelity National Title Agen
Zdeb Matthew R $200,000 Pioneer Title Agency Inc
Edelman Ran -- Accommodation
Davidoff Ronald $32,000 Magnus Title Agency
Verdugo Rona J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liles Elliot A $251,000
Previous Owner Kear Adam J $225,000
Previous Owner Zdeb Matthew R $155,000
Previous Owner Zdeb Matthew R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $415,000 0.0% $309 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $415,000 +38.3% $309 / Sq Ft
02/14/2019 02/14/19 Sold $300,000 -7.7% $209 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/18/2019 01/18/19 Price Changed $325,000 -1.5% $226 / Sq Ft
01/10/2019 01/10/19 Price Changed $330,000 -4.3% $230 / Sq Ft
12/06/2018 12/06/18 Price Changed $345,000 -4.2% $240 / Sq Ft
11/19/2018 11/19/18 For Sale $360,000 +80.0% $251 / Sq Ft
07/31/2013 07/31/13 Sold $200,000 -9.0% $129 / Sq Ft
06/17/2013 06/17/13 Price Changed $219,900 -4.3% $142 / Sq Ft
05/23/2013 05/23/13 Price Changed $229,900 -7.4% $148 / Sq Ft
05/13/2013 05/13/13 Price Changed $248,400 -0.6% $160 / Sq Ft
04/01/2013 04/01/13 Price Changed $249,900 -3.8% $161 / Sq Ft
03/04/2013 03/04/13 For Sale $259,900 -- $168 / 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 $1,265 $18,609 -- --
2024 $1,227 $17,722 -- --
2023 $1,227 $43,020 $8,600 $34,420
2022 $1,182 $31,760 $6,350 $25,410
2021 $1,242 $30,750 $6,150 $24,600
2020 $1,223 $30,070 $6,010 $24,060
2019 $1,181 $27,820 $5,560 $22,260
2018 $1,144 $25,150 $5,030 $20,120
2017 $1,085 $24,920 $4,980 $19,940
2016 $1,056 $20,920 $4,180 $16,740
2015 $971 $13,850 $2,770 $11,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6208228

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-25-009