NOT LISTED FOR SALE

5508 N 5th Ln Phoenix, AZ 85013

Estimated Value: $577,000 - $618,000

3 Beds
2 Baths
2,338 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $255,000 $109 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,377/month

87 Days on Market

Highlights

  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Corner Lot
  • Madison Richard Simis School Rated A-
  • End Unit
  • Heated Community Pool

About This Home

As of February 2015

PLEASE BE AWARE OF SMALL DOG!..OPEN FLOORPLAN FOR THIS NORTH CENTRAL TOWNHOME COMPLETE WITH PRIVATE GATED COURTYARD. TRAVERTINE FLOORING IN ENTRY,FAMILY ROOM,DINING ROOM AND KITCHEN..VAULTED CEILINGS IN FAMILY ROOM AND UPSTAIR MASTER BEDROOM. UPDATED KITCHEN HAS STAINLESS STEEL APPLIANCES, SUBWAY TILE BACKSPLASH,QUARTZ COUNTER TOPS AND EAT IN AREA. MASTER BEDROOM HAS LUXURIOUS BATH AREA WHICH INCLUDES JACUZZI TUB PLUS SHOWER..OTHER 2 BEDROOMS HAVE HUGE WALK IN CLOSETS..CORNER LOT--PRIVATE BACKYARD..COMMUNITY POOL

Last Agent to Sell the Property

Bobby Lieb

HomeSmart License #BR007861000 Listed on: 10/01/2014

HomeSmart

Last Buyer's Agent

Huu Luong

Realty ONE Group License #SA631441000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1972

Lot Details

  • 3,811 Sq Ft Lot
  • End Unit
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Low Emissivity Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Madison Meadows Elementary And Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 162-29-084

Community Details

Overview

  • Property has a Home Owners Association
  • La Colonia Solana Association, Phone Number (602) 274-5833
  • La Colonia Solana Subdivision

Recreation

  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,770

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Cross Street: CENTRAL AND MISSOURI
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 175.0
  • Basement: N
  • Bathrooms Year Updated: 2010
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: WEST ON MISSOURI TO THE ENTRANCE OF LA COLONIA SOLANA(5TH LANE)ON THE NORTH SIDE OF MISSOURI
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.09
  • Subdivision Name: LA COLONIA SOLANA
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 175.0
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 2338.0
  • Stories: 2
  • Window Features: Skylight(s), Low Emissivity Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio
  • Lot Features: Sprinklers In Front, Corner Lot, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Brick Veneer, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Monthly
  • Association Name: La Colonia Solana
  • Phone: 602-274-5833
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: La Colonia Solana
  • Association Fees:HOA Telephone4: 602-274-5833
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Madison Meadows School
  • High School: Central High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3811.0
  • Parcel #: 162-29-084
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1770.0
  • Tax Book Number: 162.00
  • Tax Lot: 1
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Dec 29, 2014
Sold by
Thapa Aurcon
Bought by
Luk Ming S and Luk Judy H P
Seller's Agent
Bobby Lieb
HomeSmart
Buyer's Agent
Huu Luong
Realty ONE Group
List Price
$279,000
Sold Price
$255,000
Premium/Discount to List
-$24,000
-8.6%
Current Estimated Value
$575,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,612
Avg. Annual Appreciation
8.05%
Original Mortgage
$178,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2010
Sold by
Nbse Llc
Bought by
Thapa Auroon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,561
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2010
Sold by
Yares Evan
Bought by
Nbse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2002
Sold by
Euler Ajayi Deborah and Williams Deborah L
Bought by
Yares Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,950
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 1996
Sold by
Mcvay John Michael
Bought by
Williams Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.99%
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
Luk Ming S $255,000 First American Title
Thapa Auroon $190,000 Title West Agency Llc
Nbse Llc $155,590 None Available
Yares Evan $159,950 Security Title Agency
Williams Deborah L $115,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luk Ming S $178,500
Previous Owner Thapa Auroon $184,561
Previous Owner Nbse Llc $125,000
Previous Owner Nbse Llc $124,472
Previous Owner Yares Evan $101,800
Previous Owner Yares Evans $151,000
Previous Owner Yares Evan $37,950
Previous Owner Yares Evan $127,950
Previous Owner Williams Deborah L $109,250
Closed Yares Evan $23,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $255,000 -6.9% $109 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
11/08/2014 11/08/14 Price Changed $274,000 -1.8% $117 / Sq Ft
10/01/2014 10/01/14 For Sale $279,000 -- $119 / 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 $2,717 $24,920 -- --
2024 $2,638 $23,733 -- --
2023 $2,638 $45,020 $9,000 $36,020
2022 $2,554 $34,150 $6,830 $27,320
2021 $2,605 $33,150 $6,630 $26,520
2020 $2,563 $30,530 $6,100 $24,430
2019 $2,505 $28,510 $5,700 $22,810
2018 $2,439 $25,950 $5,190 $20,760
2017 $2,316 $23,750 $4,750 $19,000
2016 $2,232 $24,000 $4,800 $19,200
2015 $2,077 $21,820 $4,360 $17,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5178879

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-29-084