NOT LISTED FOR SALE

566 W 5th St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $487,000 - $552,000

1 Bed
2.5 Baths
1,437 Sq Ft
$359/Sq Ft Est. Value

Last Sold November 11, 2014

Last sale price $310,000 $216 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,204/month

51 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Corner Lot
  • Property is near public transit and bus stop
  • End Unit
  • Granite Countertops

About This Home

As of November 2014

Move in Ready, Contemporary Loft Townhouse featuring an Urban Look and Feel with a Soaring Ceiling and Exposed Brick and Duct Work. Hard Wood Floors, Granite Counters, Built in Wine Fridge, Washer, Dryer and Refrigerator. Perfect for Investor, Student or Professional. Great Location, Close to ASU, Mill Avenue Shops and Restaurants, Tempe Town Lake, Sky Harbor Airport and new State Farm Regional offices. Short Drive to Downtown Phoenix for work or to see a Diamondback or Suns game.

Last Agent to Sell the Property

Stephen Bothwell

HomeSmart License #SA530896000 Listed on: 08/15/2014

HomeSmart

Last Buyer's Agent

Jasson Dellacroce

My Home Group Real Estate License #SA649021000

My Home Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 2005

Lot Details

  • 1,333 Sq Ft Lot
  • End Unit
  • 1 Common Wall

HOA Fees

  • $218 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,437 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Security System Leased

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2.5 Bathrooms

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near public transit and bus stop

Community Details

  • Association fees include insurance, ground maintenance, front yard maint, roof replacement, maintenance exterior
  • Brown Management Association, Phone Number (480) 339-8820
  • Built by Tempe Lofts LLC
  • 5Th Street Lofts Amd Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 124-32-135

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,440

Year Built

Built in 2005

Lot Details

1,333 Sq Ft Lot

HOA Fees

$218 per month

Parking

2

Listing Details

  • Cross Street: 5th Street and Roosevelt
  • Legal Info Range: 4E
  • 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: 218.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2013
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: 5th Street Lofts AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 215.72
  • Association Fees:HOA Fee2: 218.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1437.0
  • Stories: 3
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Balcony: 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, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Leased
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 218.0
  • Association Fee Frequency: Monthly
  • Association Name: FIFTH STREET LOFTS
  • Phone: 480-339-8806
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: FIFTH STREET LOFTS
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:HOA Management Phone: 480-339-8820
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Front Yard Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1333.0
  • Parcel #: 124-32-135
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Tempe Lofts LLC

Tax Info

  • Tax Annual Amount: 2440.5
  • Tax Book Number: 124.00
  • Tax Lot: 7
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Wilson Michael P
Bought by
Wilson Michael P and Mpw Trust
Current Estimated Value
$515,321

Purchase Details

Listed on
Aug 15, 2014
Closed on
Nov 10, 2014
Sold by
Rapaport Joshua
Bought by
Wilson Michael P
Seller's Agent
Stephen Bothwell
HomeSmart
Buyer's Agent
Jasson Dellacroce
My Home Group Real Estate
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$317,440
Outstanding Balance
$244,597
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$270,724

Purchase Details

Closed on
Mar 4, 2010
Sold by
Joshua Investments Llc
Bought by
Rapaport Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2009
Sold by
Tempe Lofts Llc
Bought by
Joshua Investments Llc

Purchase Details

Closed on
May 6, 2004
Sold by
Parsons Dave
Bought by
Tempe Lofts Llc

Purchase Details

Closed on
Oct 10, 2003
Sold by
Nbi Llc
Bought by
Parsons Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 2001
Sold by
Acedo Johnny O
Bought by
Torres Henry F and Torres Rita J

Purchase Details

Closed on
Jan 12, 2001
Sold by
Acedo Johnny O
Bought by
Torres Rita J
Source: Public Records
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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
Wilson Michael P -- None Available
Wilson Michael P $310,000 Security Title Agency
Rapaport Joshua $260,000 American Title Service Agenc
Joshua Investments Llc -- Accommodation
Tempe Lofts Llc $150,000 Lawyers Title Of Arizona Inc
Parsons Dave $162,500 Lawyers Title Of Arizona Inc
Torres Henry F -- --
Torres Rita J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Michael P $317,440
Previous Owner Rapaport Joshua $255,290
Previous Owner Parsons Dave $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2014 11/11/14 Sold $310,000 -5.8% $216 / Sq Ft
09/02/2014 09/02/14 For Sale $329,000 +6.1% $229 / Sq Ft
08/29/2014 08/29/14 Off Market $310,000 -- --
08/15/2014 08/15/14 For Sale $329,000 -- $229 / 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 $3,989 $33,283 -- --
2024 $4,176 $22,031 -- --
2023 $4,176 $36,810 $7,360 $29,450
2022 $3,041 $33,370 $6,670 $26,700
2021 $3,100 $32,410 $6,480 $25,930
2020 $2,997 $31,780 $6,350 $25,430
2019 $2,940 $28,030 $5,600 $22,430
2018 $2,861 $28,210 $5,640 $22,570
2017 $2,772 $25,680 $5,130 $20,550
2016 $2,758 $26,970 $5,390 $21,580
2015 $2,668 $24,330 $4,860 $19,470
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stephen Bothwell

    HomeSmart

    (480) 430-4854

    9 Total Sales

    Stephen Bothwell
    Section Image
  • Jasson Dellacroce

    Buyer's Agent in 2014

    Jasson Dellacroce

    My Home Group

    (480) 747-7064

    1 in this area

    194 Total Sales

    Jasson Dellacroce
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5158285

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-32-135

Arizona Maricopa County Tempe 85281 Downtown Tempe

566 W 5th St, Tempe, AZ

Not Listed for Sale

Townhouses

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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