NOT LISTED FOR SALE

5502 W Thomas Rd Phoenix, AZ 85031

Estimated Value: $333,000 - $360,000

4 Beds
2 Baths
1,606 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $315,000 $196 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,944/month

6 Days on Market

Highlights

  • RV Gated
  • Corner Lot
  • Cul-De-Sac
  • Phoenix Coding Academy Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2021

Adorable 4 bed, 2 bath home sitting on a corner lot of a cul-de-sac! Conveniently located nearby bus stops, schools, shopping centers, and parks! This gated property has an RV gate and a car garage with an extended driveway. Inside, you'll discover a cozy living room with French doors that opens to a bonus/game room that could easily be used as the 5th bedroom if needed. There're ceiling fans in the right areas and tile flooring through the entire house. The ample eat-in kitchen has no shortage of cabinet & counter space and includes a pantry and a stylish backsplash. Charming main bedroom comes with an ensuite for an added comfort. Fantastic backyard is awaiting your landscaping personalization. Minutes from the I-10 for an easy commute. Stop by today!

Last Agent to Sell the Property

Juan Estrada

My Home Group Real Estate License #SA654161000 Listed on: 09/15/2021

My Home Group Real Estate

Co-Listed By

Uriel Rivera

eXp Realty License #SA686531000

eXp Realty

Last Buyer's Agent

Uriel Rivera

eXp Realty License #SA686531000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1958

Lot Details

  • 7,479 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 1 Car Garage
  • RV Gated

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,606 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Maryvale Terrace 22 Lots 8426 8591 Subdivision

Listing and Financial Details

  • Tax Lot 8450
  • Assessor Parcel Number 103-43-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Thomas Rd & 59th Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Tax Year: 2021
  • Directions: Head east on W Thomas Rd, Left on N 56th Ave, Immediate right on Thomas Rd (Frontage road). Property will be on the left (Corner lot home).
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: emgr001
  • Co List Office Phone: 602-314-6224
  • Subdivision Name: MARYVALE TERRACE 22 LOTS 8426-8591
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1606.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Corner Lot, Cul-De-Sac, Dirt Front, Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:RV Gate: 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cartwright 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: 7479.0
  • Parcel #: 103-43-025

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 834.0
  • Tax Book Number: 103.00
  • Tax Lot: 8450
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 22, 2021
Sold by
Covarrubias Dionicio Lopez and Bautista Jose A
Bought by
Ramos Jose and Acuna Teresa Carolina Ochoa
Seller's Agent
Juan Estrada
My Home Group Real Estate
Buyer's Agent
Uriel Rivera
eXp Realty
List Price
$309,900
Sold Price
$315,000
Premium/Discount to List
$5,100
1.65%
Current Estimated Value
$343,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,775
Avg. Annual Appreciation
2.30%
Original Mortgage
$309,294
Outstanding Balance
$283,269
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$60,506

Purchase Details

Listed on
Jan 21, 2020
Closed on
Apr 7, 2020
Sold by
Lopez Gerardi Diaz
Bought by
Civarybius Duibucui Lopez
Seller's Agent
Kevin Hernandez
HomeSmart
Buyer's Agent
Juan Estrada
My Home Group Real Estate
List Price
$226,000
Sold Price
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%
Original Mortgage
$221,906
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2019
Sold by
Espinoza Guadalupe and Espinoza Faviola
Bought by
Lopez Gerard Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2018
Sold by
Espinoza Guadalupe
Bought by
Espinoza Guadalupe and Espinoza Faviola

Purchase Details

Closed on
Feb 23, 2015
Sold by
Espinoza Faviola and Espinoza Guadalupe
Bought by
Espinoza Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2010
Sold by
Lindblom Ron and Lindblom Estrella
Bought by
Espinoza Guadalupe and Espinoza Faviola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
4.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 2010
Sold by
Esron Inc
Bought by
Lindblom Ron and Lindblom Estrella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
4.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 2010
Sold by
204 Won Llc
Bought by
Esron Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Vargas Fermin and Vargas Petra V
Bought by
204 Won Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Villegas Gwendolyn and Salazar Gwendolyn
Bought by
Vargas Fermin and Vargas Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
White Deborah J and Miles Pam R
Bought by
Salazar Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
10.5%
Mortgage Type
New Conventional
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
Ramos Jose $315,000 Driggs Title Agency Inc
Civarybius Duibucui Lopez $226,000 Driggs Title Agency Inc
Lopez Gerard Diaz $163,000 Empire West Title Agency Llc
Espinoza Guadalupe -- None Available
Espinoza Guadalupe -- Old Republic Title Agency
Espinoza Guadalupe $54,900 First American Title Ins Co
Lindblom Ron -- Accommodation
Esron Inc $30,000 Security Title Agency
204 Won Llc $19,800 Security Title Agency
Vargas Fermin $177,000 Lawyers Title Ins
Salazar Gwendolyn $60,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Jose $29,533
Open Ramos Jose $309,294
Previous Owner Civarybius Duibucui Lopez $221,906
Previous Owner Lopez Gerard Diaz $164,000
Previous Owner Espinoza Guadalupe $120,434
Previous Owner Espinoza Guadalupe $57,000
Previous Owner Espinoza Guadalupe $25,200
Previous Owner Espinoza Guadalupe $54,900
Previous Owner Esron Inc $20,000
Previous Owner Vargas Fermin $141,600
Previous Owner Salazar Gwendolyn $51,000
Closed Vargas Fermin $35,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $315,000 +1.6% $196 / Sq Ft
09/15/2021 09/15/21 For Sale $309,900 +37.1% $193 / Sq Ft
03/19/2020 03/19/20 Sold $226,000 +2.7% $141 / Sq Ft
02/14/2020 02/14/20 Price Changed $220,000 -0.9% $137 / Sq Ft
02/08/2020 02/08/20 Price Changed $222,000 -0.4% $138 / Sq Ft
02/06/2020 02/06/20 Price Changed $223,000 -0.4% $139 / Sq Ft
01/31/2020 01/31/20 Price Changed $224,000 -0.4% $139 / Sq Ft
01/30/2020 01/30/20 Price Changed $225,000 -0.4% $140 / Sq Ft
01/21/2020 01/21/20 For Sale $226,000 -- $141 / 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 $849 $5,473 -- --
2024 $870 $5,212 -- --
2023 $870 $22,410 $4,480 $17,930
2022 $817 $17,530 $3,500 $14,030
2021 $834 $15,400 $3,080 $12,320
2020 $787 $14,180 $2,830 $11,350
2019 $751 $12,330 $2,460 $9,870
2018 $785 $10,780 $2,150 $8,630
2017 $749 $8,630 $1,720 $6,910
2016 $715 $7,380 $1,470 $5,910
2015 $659 $6,350 $1,270 $5,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6294256

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-43-025