NOT LISTED FOR SALE

5507 E Carmel Ave Unit 2 Mesa, AZ 85206

Arizona Valencia Neighborhood

Estimated Value: $382,553 - $493,000

3 Beds
2 Baths
1,600 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 5507 E Carmel Ave Unit 2, Mesa, AZ 85206 and is currently estimated at $445,638, approximately $278 per square foot. 5507 E Carmel Ave Unit 2 is a home located in Maricopa County with nearby schools including Madison Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Long Alexandra
Bought by
Ray Jake
Current Estimated Value
$445,638

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
Outstanding Balance
$94,442
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$351,196

Purchase Details

Closed on
Oct 14, 2019
Sold by
Ray Jake
Bought by
Ray Jake

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
Outstanding Balance
$94,442
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$351,196

Purchase Details

Closed on
Nov 21, 2010
Sold by
Robson Ryan
Bought by
Ray Jake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,059
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2010
Sold by
Merrill Paul A
Bought by
Robson Ryan

Purchase Details

Closed on
Aug 29, 2005
Sold by
Merrill Amanda
Bought by
Merrill Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 1999
Sold by
Burton Howard D and Burton Mary S
Bought by
Montierth Steve and Montierth Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,050
Interest Rate
6.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Ray Jake -- First American Title Ins Co
Ray Jake -- First American Title Ins Co
Ray Jake $116,000 Old Republic Title Agency
Robson Ryan $90,000 Title Management Agency Of A
Merrill Paul A -- Security Title Agency Inc
Merrill Paul A $250,000 Security Title Agency Inc
Montierth Steve $109,950 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Jake $120,000
Previous Owner Ray Jake $113,059
Previous Owner Merrill Paul A $50,000
Previous Owner Merrill Paul A $200,000
Previous Owner Montierth Steve L $32,000
Previous Owner Montierth Steve $128,000
Previous Owner Montierth Stephen L $104,122
Previous Owner Montierth Steve $109,050
Source: Public Records

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 $1,437 $16,707 -- --
2024 $1,453 $15,911 -- --
2023 $1,453 $29,920 $5,980 $23,940
2022 $1,422 $23,420 $4,680 $18,740
2021 $1,451 $22,410 $4,480 $17,930
2020 $1,431 $21,400 $4,280 $17,120
2019 $1,328 $18,020 $3,600 $14,420
2018 $1,266 $16,520 $3,300 $13,220
2017 $1,228 $15,800 $3,160 $12,640
2016 $1,199 $15,760 $3,150 $12,610
2015 $1,135 $12,910 $2,580 $10,330
Source: Public Records

Map

Arizona Maricopa County Mesa 85206 Arizona Valencia

5507 E Carmel Ave Unit 2, Mesa, AZ

Not Listed for Sale

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