NOT LISTED FOR SALE

5648 W Verde Ln Phoenix, AZ 85031

Estimated Value: $342,000 - $367,000

5 Beds
2 Baths
1,887 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $166,000 $88 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,053/month

68 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Outdoor Storage
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Wood Fence

About This Home

As of July 2017

BACK ON MARKET - Buyer Could Not Perform - This home features 5 bedrooms 2 bathrooms, great room, eat in kitchen with neutral colors throughout, large lot with covered patio and storage shed. Don't miss your opportunity to own this home. Tenants currently occupy home and be out July 18, 2017.

Last Agent to Sell the Property

Doreen Inzalaco

Citiea License #SA550816000 Listed on: 04/07/2017

Citiea

Last Buyer's Agent

Oscar Colato

RE/MAX Professionals License #SA577816000

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1960

Lot Details

  • 7,723 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence

Parking

  • 1 Open Parking Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,887 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Maryvale Terrace 22 Lots 8426 8591 Subdivision

Listing and Financial Details

  • Tax Lot 8473
  • Assessor Parcel Number 103-43-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: THOMAS AND 57TH 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: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2016
  • Directions: North on 57th Ave to Verde Ln, turn East to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: MARYVALE TERRACE 22 LOTS 8426-8591
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1887.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Storage
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • 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: 7723.0
  • Parcel #: 103-43-048
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 853.0
  • Tax Book Number: 103.00
  • Tax Lot: 8473
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jul 25, 2017
Sold by
Delgadillo Veronica and Mendoza Juan Nicolas
Bought by
Mendoza Juan Nicholas
Seller's Agent
Doreen Inzalaco
Citiea
Buyer's Agent
Oscar Colato
RE/MAX Professionals
List Price
$171,500
Sold Price
$166,000
Premium/Discount to List
-$5,500
-3.21%
Current Estimated Value
$357,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,539
Avg. Annual Appreciation
9.36%
Original Mortgage
$162,993
Outstanding Balance
$139,862
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$205,183

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jul 19, 2017
Sold by
Wright Quincy E
Bought by
Mendoza Juan Nicolas
Seller's Agent
Doreen Inzalaco
Citiea
Buyer's Agent
Oscar Colato
RE/MAX Professionals
List Price
$171,500
Sold Price
$166,000
Premium/Discount to List
-$5,500
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,993
Outstanding Balance
$139,862
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$205,183

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 21, 2014
Sold by
Sba Properties Llc
Bought by
Wright Quincy E
Seller's Agent
Danielle Crowell
HomeSmart
Buyer's Agent
Jon Sherwood
Crossroads Brokerage
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Original Mortgage
$70,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
New Age Real Estate Group Llc
Bought by
Sba Properties Llc

Purchase Details

Closed on
Sep 14, 2011
Sold by
G O R E Llc
Bought by
New Age Real Estate Group Llc

Purchase Details

Closed on
Jun 22, 2011
Sold by
Gershon Ofer Ronen
Bought by
G O R E Llc

Purchase Details

Closed on
Jun 7, 2011
Sold by
New Age Real Estaet Group Llc
Bought by
Gershon Ofer Ronen

Purchase Details

Closed on
Apr 1, 2011
Sold by
Magnum Financial Llc
Bought by
New Age Real Estate Group Az

Purchase Details

Closed on
Feb 25, 2010
Sold by
Magnum Financial Llc
Bought by
A & B Home Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
4.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 2, 2004
Sold by
Rascon Veronica
Bought by
Rivera Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,400
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 28, 2004
Sold by
Eighteen Investments Inc
Bought by
Rivera Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,400
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 15, 2004
Sold by
Dufresne Ruth Emily
Bought by
Eighteen Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,443
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mendoza Juan Nicholas -- Security Title Agency Inc
Mendoza Juan Nicolas $166,000 Security Title Agency Inc
Wright Quincy E $100,000 Millennium Title Agency Llc
Sba Properties Llc $40,000 None Available
New Age Real Estate Group Llc $47,289 Title Management Agency Of A
G O R E Llc -- Accommodation
Gershon Ofer Ronen $51,000 Title Management Agency Of A
New Age Real Estate Group Az $38,001 None Available
A & B Home Investments Inc -- None Available
Magnum Financial Llc $42,600 None Available
Rivera Alejandro -- Fidelity National Title
Rivera Alejandro $124,900 Fidelity National Title
Eighteen Investments Inc $77,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Juan Nicolas $162,993
Previous Owner Wright Quincy E $70,000
Previous Owner Rivera Alejandro $25,400
Previous Owner Rivera Alejandro $101,600
Previous Owner Rivera Alejandro $101,600
Previous Owner Eighteen Investments Inc $93,443
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $166,000 -3.2% $88 / Sq Ft
07/12/2017 07/12/17 For Sale $171,500 0.0% $91 / Sq Ft
06/28/2017 06/28/17 Price Changed $171,500 +4.1% $91 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/10/2017 06/10/17 Price Changed $164,750 +0.2% $87 / Sq Ft
04/07/2017 04/07/17 For Sale $164,500 +64.5% $87 / Sq Ft
07/21/2014 07/21/14 Sold $100,000 -4.8% $63 / Sq Ft
07/15/2014 07/15/14 Price Changed $105,000 0.0% $66 / Sq Ft
07/08/2014 07/08/14 Price Changed $105,000 0.0% $66 / Sq Ft
07/02/2014 07/02/14 Price Changed $105,000 0.0% $66 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $105,000 -- $66 / 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 $1,900 $12,254 -- --
2024 $1,949 $11,670 -- --
2023 $1,949 $23,980 $4,790 $19,190
2022 $1,829 $18,580 $3,710 $14,870
2021 $1,867 $15,970 $3,190 $12,780
2020 $1,763 $14,720 $2,940 $11,780
2019 $1,682 $12,700 $2,540 $10,160
2018 $844 $11,070 $2,210 $8,860
2017 $891 $9,020 $1,800 $7,220
2016 $853 $7,700 $1,540 $6,160
2015 $795 $6,750 $1,350 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5587423

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-43-048