NOT LISTED FOR SALE

5615 W Berkeley Rd Phoenix, AZ 85035

Estimated Value: $333,000 - $339,000

3 Beds
2 Baths
1,064 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $85,100 $80 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,940/month

14 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Wood Fence
  • Phoenix Coding Academy Rated A
  • Evaporated cooling system
  • Heating System Uses Natural Gas

About This Home

As of March 2015

PERFECT INVESTOR OR CASH BUYER OPPORTUNITY. PROPERTY IS LOCATED CLOSE TO FREEWAYS, SHOPPING CENTERS, STORES AND MUCH MORE MARY VALE AREA. THIS PROPERTY HAS 3 BEDROOMS, 2 BATHROOMS, LIVING ROOM, AND MUCH MORE. THIS IS A BANK OWN PROPERTY. SOLD AS IS CONDITION. NO SPDS AND CLUE REPORT. Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America. MULTIPLE OFFERS PLEASE SUBMIT YOUR BUYERS H&B BY 3/4/15 @ 10AM

Last Agent to Sell the Property

Joseph Mahoney

JM Realty License #BR561411000 Listed on: 02/21/2015

Last Buyer's Agent

Joseph Mahoney

JM Realty License #BR561411000 Listed on: 02/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $594

Year Built

  • Built in 1970

Lot Details

  • 6,578 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Schools

  • Cartwright Elementary And Middle School
  • University High School

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by JOHN F LONG
  • Maryvale Terrace 40 Subdivision

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 103-16-272

Home Details

Home Type

Single Family

Est. Annual Taxes

$594

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 55TH AVE & MCDOWELL RD
  • 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: 1970
  • Tax Year: 2014
  • Directions: WEST ON MCDOWELL RD, NORTH ON 56TH AVE, AND WEST ON BERKELEY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Maryvale Terrace 40
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1064.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wood
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air, Evaporative Cooling
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: 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: University High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cartwright School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6578.0
  • Parcel #: 103-16-272

Building Info

  • Builder Name: JOHN F LONG

Tax Info

  • Tax Annual Amount: 594.24
  • Tax Book Number: 103.00
  • Tax Lot: 65
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2015
Closed on
Mar 6, 2015
Sold by
Bank Of New York Mellon
Bought by
East Coast Financial Llc
Seller's Agent
Joseph Mahoney
JM Realty
Buyer's Agent
Joseph Mahoney
JM Realty
List Price
$81,100
Sold Price
$85,100
Premium/Discount to List
$4,000
4.93%
Current Estimated Value
$336,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,290
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Jan 8, 2015
Sold by
Advincula Agustin
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Apr 29, 2004
Sold by
Advincula Deanna M
Bought by
Advincula Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,559
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Wachovia Bank Of Delaware Na
Bought by
Sdkb Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2003
Sold by
Escobedo Jesse M
Bought by
Wachovia Bank Of Delaware Na and First Union National Bank Of Delaware

Purchase Details

Closed on
Aug 14, 2001
Sold by
Escobedo Jesse M
Bought by
Quijada Escobedo Jesse M and Quijada Martinez Patricia

Purchase Details

Closed on
Jun 13, 2001
Sold by
Martinez Patricia Quijada
Bought by
Escobedo Jesse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,225
Interest Rate
7.14%

Purchase Details

Closed on
Aug 8, 2000
Sold by
Escobedo Jesse M
Bought by
Quijada Escobedo Jesse M and Quijada Martinez Patricia

Purchase Details

Closed on
Jul 31, 1998
Sold by
Mansfield Mark D and Mansfield Jennifer
Bought by
Escobedo Jesse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,960
Interest Rate
6.9%
Mortgage Type
FHA
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
East Coast Financial Llc $85,100 Fidelity Natl Title Agency
Bank Of New York Mellon $89,645 Accommodation
Advincula Agustin -- Camelback Title Agency Inc
Advincula Agustin $104,700 Camelback Title Agency Llc
Sdkb Real Estate Holdings Llc $73,000 Fidelity National Title
Wachovia Bank Of Delaware Na $79,225 Chicago Title Co
Quijada Escobedo Jesse M -- Land Title Agency
Escobedo Jesse M -- Land Title Agency Of Az Inc
Quijada Escobedo Jesse M -- Capital Title Agency
Escobedo Jesse M $63,900 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Advincula Agustin $136,000
Previous Owner Advincula Agustin $101,559
Previous Owner Sdkb Real Estate Holdings Llc $80,000
Previous Owner Escobedo Jesse M $81,225
Previous Owner Escobedo Jesse M $63,960
Previous Owner Mansfield Mark D $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $85,100 +4.9% $80 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
02/21/2015 02/21/15 For Sale $81,100 -- $76 / 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 $1,960 $11,511 -- --
2024 $2,003 $10,963 -- --
2023 $2,003 $22,820 $4,560 $18,260
2022 $1,889 $18,300 $3,660 $14,640
2021 $1,912 $15,060 $3,010 $12,050
2020 $1,812 $13,800 $2,760 $11,040
2019 $1,734 $11,930 $2,380 $9,550
2018 $758 $9,530 $1,900 $7,630
2017 $733 $7,710 $1,540 $6,170
2016 $701 $6,550 $1,310 $5,240
2015 $654 $5,530 $1,100 $4,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5240294

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-16-272