$275,000
SOLD JUN 3, 2020

5526 N 5th Ln Phoenix, AZ 85013

3 Beds
2 Baths
1,643 Sq Ft
$195/mo HOA Fee

Recently Sold

$167 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • Property is near public transit
  • Vaulted Ceiling
  • 1 Fireplace
  • Madison Richard Simis School Rated A-
  • Spanish Architecture
  • Private Yard

About This Home

As of September 2020

Charming 3 bedroom 2 bath single level Townhouse in the heart of Central Phoenix! Beautiful curb appeal with courtyard entry. Spacious great room with fireplace, large kitchen with lots of cabinets, island, stainless steel appliances and builtin microwave. Two car garage with built in cabinets. Private yard for privacy. Low HOA fee includes front yard maintenance and community pool. Great opportunity to add a little TLC and make this home yours!! It wont last long at this price. Virtual open house video available. Call office for access!

Last Agent to Sell the Property

Steve McKamey

Pro Star Realty License #BR005950000 Listed on: 04/09/2020

Co-Listed By

Charles Ray Dawson

Pro Star Realty License #BR633253000

Last Buyer's Agent

Lisa L. Payne

Realty ONE Group License #SA047471000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1973

Lot Details

  • 3,646 Sq Ft Lot
  • Private Streets
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,643 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

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

Additional Features

  • No Interior Steps
  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 162-29-087

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Dale Theis Association, Phone Number (602) 622-6051
  • Built by Uknown
  • La Colonia Solana /Sub Lot Dev/ Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,301

Year Built

Built in 1973

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Cross Street: Central & Missouri Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 195.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2019
  • Directions: West on Missouri to 5th Lane, North to Property at La Colonia Solana
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: prst01
  • Co List Office Phone: 602-265-4600
  • Subdivision Name: LA COLONIA SOLANA /SUB LOT DEV/
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 195.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1643.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s), Private Yard
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop
  • Amenities: FHA Approved Prjct, Rental OK (See Rmks), Self Managed, VA Approved Prjct
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association Name: La Colonia Solana HO
  • Phone: 602-622-6051
  • 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 HO
  • Association Fees:HOA Telephone4: 602-622-6051
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 250.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Dale Theis
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Madison Meadows School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3646.0
  • Parcel #: 162-29-087
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Uknown

Tax Info

  • Tax Annual Amount: 2301.0
  • Tax Book Number: 162.00
  • Tax Lot: 4
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Adlib Construction Llc
Bought by
Straughan Avenue Investments L
Current Estimated Value
$581,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$740,183
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
-$140,508

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 22, 2020
Sold by
Flippinhot Az Contractors Llc
Bought by
Adlib Construction Llc
Seller's Agent
Lisa L. Payne
Realty ONE Group
Buyer's Agent
Chad Barber
Fenix CRE
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Listed on
Aug 20, 2020
Closed on
Aug 26, 2020
Sold by
Seifried Andrew
Bought by
Flippinhot Az Contractors Llc
Seller's Agent
Lisa L. Payne
Realty ONE Group
Buyer's Agent
Chad Barber
Fenix CRE
List Price
$435,000
Sold Price
$435,000

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jun 1, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Seifried Andrew
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Lisa L. Payne
Realty ONE Group
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
386.12%
Original Mortgage
$216,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2019
Sold by
Grantham Ann
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 12, 2006
Sold by
Grantham Ann
Bought by
Grantham Ann

Purchase Details

Closed on
Dec 17, 2001
Sold by
Fredrickson Kathy L and Gainsforth Nanci
Bought by
Grantham Ann

Purchase Details

Closed on
Mar 27, 1999
Sold by
Fredrickson Kathy L
Bought by
Fredrickson Kathy L and Gainsforth Nanci

Purchase Details

Closed on
Nov 20, 1997
Sold by
Soderman Edlyn A
Bought by
Fredrickson Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,200
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- --
Warranty Deed $435,000 Great American Title Agency
Warranty Deed -- Accommodation
Special Warranty Deed $275,000 Great American Title Agency
Commissioners Deed $310,528 Accommodation
Interfamily Deed Transfer -- None Available
Cash Sale Deed $154,000 Stewart Title & Trust
Interfamily Deed Transfer -- --
Warranty Deed $105,500 North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $216,000 Commercial
Previous Owner $394,725 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $100,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $435,000 0.0% $253 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $435,000 +58.2% $253 / Sq Ft
06/03/2020 06/03/20 Sold $275,000 -5.2% $167 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $290,000 -- $177 / 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 $2,495 $22,884 -- --
2024 $2,423 $21,795 -- --
2023 $2,423 $40,710 $8,140 $32,570
2022 $2,345 $30,720 $6,140 $24,580
2021 $2,393 $29,160 $5,830 $23,330
2020 $2,665 $26,570 $5,310 $21,260
2019 $2,301 $24,600 $4,920 $19,680
2018 $2,240 $22,600 $4,520 $18,080
2017 $2,127 $20,620 $4,120 $16,500
2016 $2,049 $20,510 $4,100 $16,410
2015 $1,907 $18,270 $3,650 $14,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6064136

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-29-087