NOT LISTED FOR SALE

5515 W Cambridge Ave Phoenix, AZ 85035

Estimated Value: $325,861 - $355,000

3 Beds
2 Baths
1,332 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 08, 2017

Last sale price $155,000 $116 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,866/month

23 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Kitchen Island
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Heating Available

About This Home

As of February 2017

Great opportunity for first time home buyers or investor. Three bedrooms, two bathrooms, open floor plan with good size rooms. Large front and backyard with built in fire pit, fountain and tool shed.. Close to I-10, employment, schools, shopping.

Last Agent to Sell the Property

Adolfo Alvarez

HomeSmart License #SA659162000 Listed on: 12/05/2016

HomeSmart

Co-Listed By

Orlando Sagarnaga

Realty ONE Group License #SA585635000

Last Buyer's Agent

Van Nu

Better Homes & Gardens Real Estate SJ Fowler License #BR665977000

Better Homes & Gardens Real Estate SJ Fowler

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1969

Lot Details

  • 6,504 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Cartwright Elementary And Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Built by U/K
  • Homestead Terrace 4 Subdivision

Listing and Financial Details

  • Tax Lot 663
  • Assessor Parcel Number 103-15-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$810

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: 51st Ave & Thomas Rd
  • Legal Info Range: 2E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: reog13
  • Co List Office Phone: 623-552-3773
  • Subdivision Name: HOMESTEAD TERRACE 4
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 116.37
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1332.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Cartwright School
  • High School: Maryvale High School
  • Middle Or Junior School: Cartwright School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6504.0
  • Parcel #: 103-15-082
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: U/K

Tax Info

  • Tax Annual Amount: 810.0
  • Tax Book Number: 103.00
  • Tax Lot: 663
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Dec 23, 2016
Sold by
Ordonez Juan Jose and Ordonez Socorro L
Bought by
Reh Lu and Assump Rosy
Seller's Agent
Adolfo Alvarez
HomeSmart
Buyer's Agent
Van Nu
Better Homes & Gardens Real Estate SJ Fowler
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$339,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,215
Avg. Annual Appreciation
9.32%
Original Mortgage
$135,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2009
Sold by
Bank Of America National Association
Bought by
Ordonez Juan Jose and Ordonez Socorro J

Purchase Details

Closed on
Jan 22, 2009
Sold by
Alejandre Bernardo
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
May 15, 2006
Sold by
Alejandre Candelaria
Bought by
Alejandre Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2006
Sold by
Gardea Siquel and Gardea Cecilia L
Bought by
Alejandre Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 14, 1997
Sold by
Martinez Marcelo and Martinez Aurora
Bought by
Gardea Siquel O and Gardea Cecilia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,961
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reh Lu $155,000 Great Amer Title Agency Inc
Ordonez Juan Jose $43,000 Security Title Agency
Lasalle Bank National Association $47,450 None Available
Alejandre Bernardo -- Sunstate Title Agency Llc
Alejandre Bernardo $200,000 Sunstate Title Agency Llc
Gardea Siquel O $71,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reh Lu $135,000
Previous Owner Alejandre Bernardo $40,000
Previous Owner Alejandre Bernardo $160,000
Previous Owner Alejandre Bernardo $160,000
Previous Owner Gardea Siquel O $70,961
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2017 02/08/17 Sold $155,000 0.0% $116 / Sq Ft
11/23/2016 11/23/16 For Sale $155,000 -- $116 / 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 $891 $5,588 -- --
2024 $889 $5,322 -- --
2023 $889 $22,160 $4,430 $17,730
2022 $834 $17,310 $3,460 $13,850
2021 $851 $14,950 $2,990 $11,960
2020 $804 $13,610 $2,720 $10,890
2019 $767 $11,720 $2,340 $9,380
2018 $802 $10,560 $2,110 $8,450
2017 $764 $8,660 $1,730 $6,930
2016 $810 $7,430 $1,480 $5,950
2015 $673 $6,320 $1,260 $5,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5532699

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-15-082