NOT LISTED FOR SALE

5541 W Edgemont Ave Phoenix, AZ 85035

Estimated Value: $351,000 - $371,000

5 Beds
2.5 Baths
2,112 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $229,900 $109 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,999/month

43 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Granite Countertops
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • No HOA
  • Breakfast Bar

About This Home

As of October 2019

Hurry to see this fabulous home ready to move-in! Updated interior features great room with recessed lighting, 5 bed, 2.5 bath, tile flooring through the entire house, and lots of natural light. Open concept kitchen has pantry, breakfast bar, granite counter tops, black appliances, and plenty of cherry cabinets. Beautiful master bedroom includes spacious closet and full bath with tub/shower combination. Fantastic backyard offers extended covered patio and lots of potential for you to make it yours. You will be amazed at the amount of space this home has to offer! Come and get it before it is gone!!

Last Agent to Sell the Property

Ivan Mendoza

HomeSmart License #SA580730000 Listed on: 08/07/2019

HomeSmart

Last Buyer's Agent

Yady Espinobarros

Realty ONE Group License #SA543224000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1969

Lot Details

  • 6,573 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 589
  • Assessor Parcel Number 103-15-008

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,108

Year Built

Built in 1969

Lot Details

6,573 Sq Ft Lot

Listing Details

  • Cross Street: Thomas Rd & 59th Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: HOMESTEAD TERRACE 4
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 108.85
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 2112.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Partial, Wood
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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

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

  • Land Lease: No
  • Lot Size Sq Ft: 6573.0
  • Parcel #: 103-15-008

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1108.0
  • Tax Book Number: 103.00
  • Tax Lot: 589
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 17, 2019
Sold by
Escobar Julio O
Bought by
Verdin Martin Robles and Robles Yulma
Seller's Agent
Ivan Mendoza
HomeSmart
Buyer's Agent
Yady Espinobarros
Realty ONE Group
List Price
$249,900
Sold Price
$229,900
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$362,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,223
Avg. Annual Appreciation
7.35%
Original Mortgage
$223,003
Outstanding Balance
$195,362
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$166,761

Purchase Details

Closed on
Dec 26, 2018
Sold by
Capital Fund Ii Llc
Bought by
Escobar Julio O

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 7, 2018
Sold by
Oosrr Llc
Bought by
Tco Invest Llc
Seller's Agent
Devra Tousley
Home America Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$197,100
Sold Price
$150,428
Premium/Discount to List
-$46,672
-23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$1,706,800
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 11, 2013
Sold by
Ostlund Scott R
Bought by
Oosrr Llc

Purchase Details

Closed on
Aug 6, 2009
Sold by
Ostlund Aleta
Bought by
Ostlund Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2009
Sold by
Sutton Funding Llc
Bought by
Ostlund Scott R

Purchase Details

Closed on
Oct 28, 2008
Sold by
Sotelo Omar Reza and Lugo Claudia V
Bought by
Sutton Funding Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Sotelo Omar Reza
Bought by
Sotelo Omar Reza and Lugo Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,900
Interest Rate
9.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Lugo Claudia
Bought by
Sotelo Omar Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,900
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 1998
Sold by
Trammell Leonard W and Trammell Linda L
Bought by
Lee Ricky T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Verdin Martin Robles $229,900 Chicago Title Agency
Escobar Julio O $144,900 West Title Agency Llc
Tco Invest Llc $5,200,000 Driggs Title Agency Inc
Oosrr Llc -- Driggs Title Agency Inc
Ostlund Scott R -- Grand Canyon Title Agency In
Ostlund Scott R $32,000 Security Title Agency
Sutton Funding Llc $196,320 None Available
Sotelo Omar Reza -- Security Title Agency Inc
Sotelo Omar Reza -- Grand Canyon Title Agency In
Sotelo Omar Reza $159,500 Grand Canyon Title Agency In
Lee Ricky T $65,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdin Martin Robles $223,003
Previous Owner Tco Invest Llc $1,706,800
Previous Owner Ostlund Scott R $405,000
Previous Owner Sotelo Omar Reza $181,900
Previous Owner Sotelo Omar Reza $31,900
Previous Owner Lee Ricky T $81,750
Closed Escobar Julio O $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2019 10/24/19 Sold $229,900 0.0% $109 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $229,900 -2.5% $109 / Sq Ft
09/04/2019 09/04/19 Price Changed $235,900 -3.7% $112 / Sq Ft
08/27/2019 08/27/19 Price Changed $244,900 -2.0% $116 / Sq Ft
08/07/2019 08/07/19 For Sale $249,900 +66.1% $118 / Sq Ft
08/15/2018 08/15/18 Sold $150,428 0.0% $71 / Sq Ft View Prior Sale
06/27/2018 06/27/18 Off Market $150,428 -- --
06/06/2018 06/06/18 For Sale $197,100 -- $93 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,128 $7,074 -- --
2024 $1,125 $6,737 -- --
2023 $1,125 $24,780 $4,950 $19,830
2022 $1,056 $19,120 $3,820 $15,300
2021 $1,078 $16,520 $3,300 $13,220
2020 $1,018 $15,200 $3,040 $12,160
2019 $1,066 $13,170 $2,630 $10,540
2018 $1,108 $12,320 $2,460 $9,860
2017 $1,072 $10,160 $2,030 $8,130
2016 $1,025 $8,970 $1,790 $7,180
2015 $956 $7,750 $1,550 $6,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5962078

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-15-008

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