NOT LISTED FOR SALE

5608 W Verde Ln Phoenix, AZ 85031

Estimated Value: $303,000 - $312,128

3 Beds
2 Baths
1,350 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $169,000 $125 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,673/month

5 Days on Market

Highlights

  • RV Gated
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • No Interior Steps
  • Outdoor Storage

About This Home

As of April 2019

Awaiting Your Personal Touches - Cosmetic Repair To Bring It Up To Date - Ideal Rental, Starter or Family Home - Two Car Carport - Secure Fencing to Backyard for Work Area - Three Storage Sheds - RV Gate on East Side of House - Security Doors & Security Shutters on All Windows - Middle of Block Location - North/South Exposure - Newer AC - Dryer Location Outside - Immediate Possession

Last Agent to Sell the Property

Craig Mernitz

RE/MAX Fine Properties License #SA513183000 Listed on: 02/27/2019

RE/MAX Fine Properties

Last Buyer's Agent

Rosario Murillo

American Freedom Realty License #SA642806000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1960

Lot Details

  • 7,671 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Grass Covered Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Roller Shields
  • Electric Cooktop

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • RV Gated

Schools

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by John F Long
  • Maryvale Terrace 22 Lots 8426 8591 Subdivision

Listing and Financial Details

  • Tax Lot 8479
  • Assessor Parcel Number 103-43-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 55th Ave & Thomas
  • 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 Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: MARYVALE TERRACE 22 LOTS 8426-8591
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 125.18
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Roller Shields, 3/4 Bath Master Bdrm
  • Living Area: 1350.0
  • Stories: 1

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Storage
  • Lot Features: Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Cartwright 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: 7671.0
  • Parcel #: 103-43-054

Building Info

  • Builder Name: John F Long

Tax Info

  • Tax Annual Amount: 737.0
  • Tax Book Number: 103.00
  • Tax Lot: 8479
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 26, 2019
Sold by
Fiduciary Solutions Llc
Bought by
Ocampo Gomez Maria Reina
Seller's Agent
Craig Mernitz
RE/MAX Fine Properties
Buyer's Agent
Rosario Murillo
American Freedom Realty
List Price
$163,000
Sold Price
$169,000
Premium/Discount to List
$6,000
3.68%
Current Estimated Value
$308,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,282
Avg. Annual Appreciation
9.21%
Original Mortgage
$165,938
Outstanding Balance
$145,591
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$162,691

Purchase Details

Closed on
Aug 26, 2015
Sold by
Martin Arval L
Bought by
Martin Arva Lyle and Arva Lyle Martin Living Trust
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ocampo Gomez Maria Reina $169,000 Fidelity Natl Ttl Agcy Inc
Martin Arva Lyle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Gomez Maria Reina $165,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $169,000 +3.7% $125 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $163,000 -- $121 / 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 $859 $5,387 -- --
2024 $857 $5,131 -- --
2023 $857 $22,400 $4,480 $17,920
2022 $804 $17,530 $3,500 $14,030
2021 $821 $15,100 $3,020 $12,080
2020 $775 $13,580 $2,710 $10,870
2019 $740 $11,800 $2,360 $9,440
2018 $773 $10,350 $2,070 $8,280
2017 $737 $8,400 $1,680 $6,720
2016 $704 $7,170 $1,430 $5,740
2015 $649 $6,230 $1,240 $4,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5888718

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-43-054