NOT LISTED FOR SALE

5525 E Forge Ave Mesa, AZ 85206

Arizona Valencia Neighborhood

Estimated Value: $393,988 - $455,000

-- Bed
2 Baths
1,380 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 5525 E Forge Ave, Mesa, AZ 85206 and is currently estimated at $423,747, approximately $307 per square foot. 5525 E Forge Ave 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
Nov 8, 2022
Sold by
Masterson Michael P
Bought by
Masterson Michael P and Masterson Elizabeth
Current Estimated Value
$423,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$97,695
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$316,226

Purchase Details

Closed on
Jul 12, 2019
Sold by
Jones Philip and Masterson Michael P
Bought by
Masterson Michael P

Purchase Details

Closed on
May 23, 2006
Sold by
Burke Michael R and Burke Dawn K
Bought by
Masterson Michael P and Jones Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 1999
Sold by
Herberger Billie and Phillips Billie L
Bought by
Burke Michael R and Hogue Dawn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,683
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 1996
Sold by
Mayfield Tad W and Mayfield Kelly J
Bought by
Phillips Billie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
7.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Masterson Michael P -- Title365
Masterson Michael P -- None Available
Masterson Michael P $249,900 Security Title Agency Inc
Burke Michael R $119,900 Security Title Agency
Phillips Billie L $103,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masterson Michael P $100,000
Previous Owner Masterson Michael P $171,412
Previous Owner Masterson Michael P $199,920
Previous Owner Jones Philip $48,920
Previous Owner Burke Michael R $14,000
Previous Owner Burke Michael R $142,340
Previous Owner Burke Michael R $119,683
Previous Owner Phillips Billie L $97,850
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 $1,492 $17,591 -- --
2024 $1,509 $16,753 -- --
2023 $1,509 $31,030 $6,200 $24,830
2022 $1,476 $23,830 $4,760 $19,070
2021 $1,511 $22,420 $4,480 $17,940
2020 $1,490 $20,360 $4,070 $16,290
2019 $1,382 $17,260 $3,450 $13,810
2018 $1,318 $16,560 $3,310 $13,250
2017 $1,278 $15,930 $3,180 $12,750
2016 $1,254 $15,050 $3,010 $12,040
2015 $1,182 $13,980 $2,790 $11,190
Source: Public Records

Map

Arizona Maricopa County Mesa 85206 Arizona Valencia

5525 E Forge Ave, Mesa, AZ

This home is located at 5525 E Forge Ave, Mesa, AZ 85206 and is currently estimated at $423,747, approximately $307 per square foot. 5525 E Forge Ave is a home located in Maricopa County with nearby schools including Madison Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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