NOT LISTED FOR SALE

5548 N 5th Ln Phoenix, AZ 85013

Estimated Value: $534,000 - $560,000

3 Beds
2 Baths
1,717 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $500,000 $291 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,448/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Santa Fe Architecture
  • Corner Lot
  • Madison Richard Simis School Rated A-
  • End Unit
  • Granite Countertops

About This Home

As of September 2021

This central corridor patio home is as charming as they come, tucked away in the quaint community of La Colonia Solana. The red front door welcomes you into the open living, dining and kitchen area. The high ceilings with gorgeous beam details make quite the statement in the living area. The kitchen is upgraded with stainless steel appliances, large pantry and great natural light through sliding doors to your large private patio. There is plenty of areas for dining with bar seating and a separate dining area. With dark wood-like tile flooring throughout, the floor plan flows easily from the living areas to the bedrooms. The master suite features a walk-in shower, vanity and separate entry to your patio. You will want to spend the majority of your time on the patio, with grassy areas and plenty of space for dining and entertaining. Minutes away from the areas best restaurants, downtown, and Biltmore area - the location is hard to beat.

Last Agent to Sell the Property

Brian Frey

RETSY License #SA670489000 Listed on: 07/30/2021

RETSY

Co-Listed By

Christina Heller

RETSY License #SA648353000

Last Buyer's Agent

Carol Kawell

The Madison Group License #BR012487000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1973

Lot Details

  • 4,260 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof

Interior Spaces

  • 1,717 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Playground

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 162-29-091

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • La Colonia Solana Association, Phone Number (602) 264-8181
  • La Colonia Solana /Sub Lot Dev/ Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,354

Year Built

Built in 1973

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Cross Street: Central Ave & Missouri
  • 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
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2020
  • Directions: West on Missouri, North into community. Property is in Northwest corner of community.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: rets001
  • Co List Office Phone: 602-842-0000
  • Subdivision Name: LA COLONIA SOLANA /SUB LOT DEV/
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 195.0
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1717.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Living Rm: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Patio, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Frame - Wood, Slump Block
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association Name: La Colonia Solana
  • Phone: 602-264-8181
  • 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
  • Association Fees:HOA Telephone4: 602-264-8181
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 4260.0
  • Parcel #: 162-29-091
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2354.0
  • Tax Book Number: 162.00
  • Tax Lot: 8
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 11, 2021
Sold by
Schmitt Lisa
Bought by
Kawell Carol A
Seller's Agent
Brian Frey
RETSY
Buyer's Agent
Carol Kawell
The Madison Group
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$546,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,617
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 6, 2017
Sold by
Brewer Matthew D and Collier Jessielyn
Bought by
Schmitt Lisa and Schmitt August
Seller's Agent
Jessie Collier
DeLex Realty
Buyer's Agent
Brian Frey
RETSY
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$250,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 22, 2016
Sold by
Brewer Matthew D
Bought by
Brewer Matthew D
Seller's Agent
TJ Jett
HomeSmart
Buyer's Agent
Jessie Collier
DeLex Realty
List Price
$249,867
Sold Price
$230,000
Premium/Discount to List
-$19,867
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.04%
Original Mortgage
$184,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 15, 2016
Sold by
Pease Marion
Bought by
Brewer Matthew D
Seller's Agent
TJ Jett
HomeSmart
Buyer's Agent
Jessie Collier
DeLex Realty
List Price
$249,867
Sold Price
$230,000
Premium/Discount to List
-$19,867
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Pease Marion
Bought by
Pease Marion
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 Buyer Sale Price Title Company
Kawell Carol A $500,000 Clear Title Agency Of Az
Schmitt Lisa $312,500 Wfg National Title Insurance
Brewer Matthew D -- None Available
Brewer Matthew D $230,000 Great Amer Title Agency Inc
Pease Marion -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kawell Carol Ann $405,000
Previous Owner Schmitt Lisa $250,000
Previous Owner Brewer Matthew D $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $500,000 0.0% $291 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $500,000 -4.8% $291 / Sq Ft
07/29/2021 07/29/21 For Sale $525,000 +68.0% $306 / Sq Ft
11/08/2017 11/08/17 Sold $312,500 -3.8% $182 / Sq Ft
08/30/2017 08/30/17 For Sale $325,000 0.0% $189 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $325,000 +41.3% $189 / Sq Ft
01/04/2017 01/04/17 Sold $230,000 -8.0% $134 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $249,867 -- $146 / 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 $2,354 $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: 6271622

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-29-091