$54,000
SOLD APR 20, 2012

5526 W Avalon Dr Phoenix, AZ 85031

3 Beds
2 Baths
1,737 Sq Ft
0.4 Acres

Recently Sold

$31 Per Sq Ft

10% Below List Price

14 Days on Market

Highlights

  • Private Pool
  • Arizona Room
  • Family Room
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen

About This Home

As of November 2016

GREAT CASH FLOW RENTAL PROPERTY, TENANTS ARE IN PLACE WITH 1 YEAR LEASE AGREEMENT AND WANT TO STAY WITH $930/M IN RENT ITS A GREAT CAP RATE.THIS 3 BEDROOMS 2 BATH WITH AN ENCLOSED DEN AREA THAT IS BEING USED AS A 4TH BEDROOM AND A HUGE LAUNDRY ROOM,ARIZONA ROOM,POOL, THIS HOUSE HAS EVERYTHING RENTERS ARE LOOKING FOR.PLEASE DO NOT DISTURB TENANTS, DRIVE BY OK.

Last Agent to Sell the Property

Gad Nagar

Altair Realty LLC License #SA640798000 Listed on: 03/22/2012

Last Buyer's Agent

Gad Nagar

Altair Realty LLC License #SA640798000 Listed on: 03/22/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1960

Lot Details

  • Block Wall Fence
  • Chain Link Fence

Home Design

  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3 Bedrooms
  • 1,737 Sq Ft Home
  • Family Room
  • Eat-In Kitchen
  • Laundry in unit

Outdoor Features

  • Private Pool
  • Arizona Room

Schools

  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • $1,100 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,042

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Cross Street: THOMAS/55TH AVE
  • Legal Info Lot Number: 8569
  • Legal Info Range: 2E
  • Legal Info Section: 29
  • Legal Info Township: 2N
  • Property Type: A
  • Assessor Parcel Number: 144.00
  • Hundred Block: 3100
  • Legal Description Abbrev: MARYVALE TERRACE 22 LOTS 8426-8591
  • Type: ER
  • Ownership: Fee Simple
  • Assessor Parcel Number: 103-43-144
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32FRPO4S
  • Map Code Grid: P32
  • Primary Bathroom Type: 3/4 Bath Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Slab Parking Spaces: 4.00
  • Price per Sq Ft: 31.09
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1960
  • Tax Year: 2011
  • Directions: Right off 55th ave & Thomas rd.take 51st ave exit on I-10 head north to Thomas rd house id right next to marivue park.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Arizona Room/Lanai, Family Room
  • Bathrooms: 2.00
  • Laundry: Inside
  • Fireplace: No Fireplace
  • Dining Area: Eat-in Kitchen
  • Estimated Lot Sq Ft: 17500.00
  • Estimated Sq Ft: 1737.00
  • Kitchen Features: Pantry
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Landscaping: Dirt Back, Grass Front
  • Roofing: Comp Shingle
  • Fencing: Block, Chain Link
  • Construction: Block
  • Pool Private: Private

Utilities

  • Water: City Water
  • Utilities: SRP, SW Gas
  • Cooling: Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Fee Include: No Fees

Schools

  • High School: Maryvale High School
  • High School: Maryvale High School

Building Info

  • Builder Name: unknown

Tax Info

  • Taxes: 1100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 7, 2016
Sold by
Wmr Capital Investments Llc
Bought by
Tapia Elvira
Seller's Agent
Brianna Foley
Arizona Elite Properties
Buyer's Agent
Yessica Arellano
REALTY ONE GROUP AZ
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$362,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,508
Avg. Annual Appreciation
9.82%
Original Mortgage
$147,283
Outstanding Balance
$122,044
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$223,258

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 9, 2012
Sold by
Prizma Capital Llc
Bought by
Wmr Capital Investments Llc
Seller's Agent
Gad Nagar
Altair Realty LLC
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$59,700
Sold Price
$54,000
Premium/Discount to List
-$5,700
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.24%

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 12, 2012
Sold by
Topaz Chenia Goldberg
Bought by
Prizma Capital Llc
Seller's Agent
Gad Nagar
Altair Realty LLC
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$59,700
Sold Price
$54,000
Premium/Discount to List
-$5,700
-9.55%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Tnt Management Llc
Bought by
Topaz Chenia Goldberg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2009
Sold by
402 Now Llc
Bought by
Tnt Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2009
Sold by
Meza Santos
Bought by
402 Now Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Cota Silvia
Bought by
Meza Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
Henry Tim J
Bought by
Henry Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2004
Sold by
Licea Francisco Armando
Bought by
Escobedo Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
5.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 1, 2004
Sold by
Worth Carl D and Worth Shirley R
Bought by
Escobedo Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
5.35%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $150,000 Lawyers Title Of Arizona Inc
Quit Claim Deed -- None Available
Cash Sale Deed $54,000 Magnus Title Agency
Cash Sale Deed $53,000 Security Title Agency
Special Warranty Deed $37,500 None Available
Trustee Deed $35,600 Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $215,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $165,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $112,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,283 FHA
Previous Owner $29,000 Purchase Money Mortgage
Previous Owner $29,000 Purchase Money Mortgage
Previous Owner $215,000 Purchase Money Mortgage
Previous Owner $148,500 Fannie Mae Freddie Mac
Previous Owner $22,400 Stand Alone Second
Previous Owner $89,600 Purchase Money Mortgage
Previous Owner $89,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2016 11/03/16 Sold $150,000 0.0% $86 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $150,000 0.0% $86 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $150,000 0.0% $86 / Sq Ft
01/22/2015 01/22/15 Rented $975 0.0% --
01/22/2015 01/22/15 Under Contract -- -- --
01/09/2015 01/09/15 For Rent $975 0.0% --
04/20/2012 04/20/12 Sold $54,000 -9.5% $31 / Sq Ft
04/09/2012 04/09/12 For Sale $59,700 +10.6% $34 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/30/2012 03/30/12 Off Market $54,000 -- --
03/22/2012 03/22/12 For Sale $59,700 -- $34 / 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 $1,042 $6,119 -- --
2024 $1,065 $5,827 -- --
2023 $1,065 $23,550 $4,710 $18,840
2022 $1,004 $19,250 $3,850 $15,400
2021 $1,016 $16,430 $3,280 $13,150
2020 $963 $15,060 $3,010 $12,050
2019 $922 $12,950 $2,590 $10,360
2018 $1,049 $11,850 $2,370 $9,480
2017 $837 $9,670 $1,930 $7,740
2016 $887 $8,370 $1,670 $6,700
2015 $827 $7,050 $1,410 $5,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4733307

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-43-144