NOT LISTED FOR SALE

5536 W Cambridge Ave Phoenix, AZ 85035

Estimated Value: $283,000 - $366,000

3 Beds
2 Baths
1,295 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $84,000 $65 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $1,816/month

198 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Kitchen Island
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Property is near a bus stop

About This Home

As of October 2012

***PLEASE READ ALL REMARKS BEFORE SHOWING***Exclusive opportunity for owner occupants (no investors). 3 bedrooms, 2 bathrooms home. Includes $15,000 in down payment and closing costs assistance as part of the City of Phoenix Neighborhood Stabilization Program (NSP). This will be a Newly Remodeled, Energy Efficient and Move in Ready Home. Brand New Energy Efficient appliance package includes, stove, dishwasher, disposal and refrigerator. New front yard landscape for enhanced curb appeal, modern interior finishes, new tile flooring, new carpet and new paint. Property improvements include: kitchen, bathrooms, electric, plumbing, cooling and heating, among others. Take advantage of this great program that offers a great quality home with financial incentives. ALARM ACTIVATED

Last Agent to Sell the Property

Claudia Schulz

DRH Properties Inc License #BR535203000 Listed on: 12/17/2011

Last Buyer's Agent

Kerry Kern

Service First Realty LLC License #BR111720000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1969

Lot Details

  • 6,734 Sq Ft Lot
  • Desert faces the front of the property
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Security System Leased
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Harris Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Homestead Terrace 4 Subdivision

Listing and Financial Details

  • Legal Lot and Block 650 / 2700 N
  • Assessor Parcel Number 103-15-069

Home Details

Home Type

Single Family

Est. Annual Taxes

$653

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Thomas & 55th Ave.
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1969
  • Tax Year: 2010
  • Directions: South to Cambridge, West to the property on north side of the street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Homestead Terrace 4
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1295.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Alley, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Leased
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Harris Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Lot Size Sq Ft: 6734.0
  • Parcel #: 103-15-069
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 652.84
  • Tax Block: 2700 N
  • Tax Book Number: 103.00
  • Tax Lot: 650
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2011
Closed on
Oct 18, 2012
Sold by
Mandalay Communities Inc
Bought by
Rodriguez Sergio Parra
Seller's Agent
Claudia Schulz
DRH Properties Inc
Buyer's Agent
Kerry Kern
Service First Realty LLC
List Price
$89,000
Sold Price
$84,000
Premium/Discount to List
-$5,000
-5.62%
Total Days on Market
198
Current Estimated Value
$329,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,354
Avg. Annual Appreciation
11.16%
Original Mortgage
$15,000
Outstanding Balance
$10,422
Interest Rate
3.43%
Mortgage Type
Unknown
Estimated Equity
$318,932

Purchase Details

Closed on
Oct 20, 2011
Sold by
City Of Phoenix
Bought by
Mandalay Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,570
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 14, 2010
Sold by
Gomez Maria Del Carmen
Bought by
Federal Natonal Mortgage Association

Purchase Details

Closed on
Aug 25, 2010
Sold by
Federal National Mortgage Association
Bought by
City Of Phoenix

Purchase Details

Closed on
Mar 10, 2008
Sold by
Gomez Maria Del Carmen
Bought by
Gomez Maria Del Carmen and Sanchez Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2008
Sold by
Estevez Jesus Sanchez
Bought by
Sanchez Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.41%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2002
Sold by
Sandoval Jose Jesus
Bought by
Gomez Maria Del Carmen

Purchase Details

Closed on
Oct 20, 1999
Sold by
Chuba Lori A and Nelson Lori A
Bought by
Hernandez Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,859
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1998
Sold by
Chuba James Robert
Bought by
Nelson Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,480
Interest Rate
6.95%
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
Rodriguez Sergio Parra $84,000 Chicago Title Agency Inc
Mandalay Communities Inc -- Empire West Title Agency
Federal Natonal Mortgage Association $160,193 Accommodation
City Of Phoenix $39,600 Security Title Agency
Gomez Maria Del Carmen -- Capital Title Agency Inc
Sanchez Maria Elena -- Capital Title Agency Inc
Sanchez Maria Elena -- Capital Title Agency Inc
Gomez Maria Del Carmen -- Chicago Title Insurance Co
Gomez Maria Del Carmen $102,500 Chicago Title Insurance Co
Hernandez Francisco J $77,000 Chicago Title Insurance Co
Nelson Lori A -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Sergio Parra $65,832
Previous Owner Mandalay Communities Inc $40,570
Previous Owner Hernandez Francisco J $70,859
Previous Owner Nelson Lori A $40,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $84,000 -5.6% $65 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
12/17/2011 12/17/11 For Sale $89,000 -- $69 / 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 $919 $5,399 -- --
2024 $940 $5,142 -- --
2023 $940 $21,870 $4,370 $17,500
2022 $886 $16,980 $3,390 $13,590
2021 $897 $14,700 $2,940 $11,760
2020 $850 $13,250 $2,650 $10,600
2019 $813 $11,410 $2,280 $9,130
2018 $846 $10,450 $2,090 $8,360
2017 $818 $8,530 $1,700 $6,830
2016 $783 $7,330 $1,460 $5,870
2015 $730 $6,130 $1,220 $4,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4690620

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-15-069