NOT LISTED FOR SALE

5720 S 16th Ln Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $336,040 - $360,000

3 Beds
2 Baths
1,345 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $72,500 $54 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $1,960/month

Highlights

  • Eat-In Kitchen
  • Ceiling height of 9 feet or more
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air
  • 1-Story Property

About This Home

As of February 2023

50% Off First Month's Rent! Single story 3 bed, 2 bath home! Enter to the kitchen and dining area that is open to the family room. The kitchen features granite countertops and stainless steel appliances. The primary bedroom has a bay window, en suite bathroom, and walk-in closet. The additional bathroom has generous cabinets and counterspace. The home's fresh paint compliments the neutral tile and carpet. 2 car garage. Close to local park!

Last Agent to Rent the Property

Noelle Jenkins

Venture REI, LLC License #SA660450000 Listed on: 10/25/2022

Last Renter's Agent

Noelle Jenkins

RENU Property Mgt Arizona, LLC License #SA660450000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 2004

Lot Details

  • 4,950 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

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

Schools

  • Ignacio Conchos Elementary And Middle School
  • Cesar Chavez High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Silverado Association, Phone Number (602) 437-4777
  • Built by Richmond American
  • South Park Subdivision

Listing and Financial Details

  • Property Available on 10/25/22
  • $13 Move-In Fee
  • 15-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 59
  • Assessor Parcel Number 105-78-318

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2022-10-25

Listing Details

  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Rental Info H O A Name: Silverado
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Addtl Move In Fees: 250.0
  • Initial Move In Costs Admin Fee: 12.5
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 15
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: SOUTH PARK
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Laundry Features Washer Hookup: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Living Area: 1345.0
  • Stories: 1
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Silverado
  • Phone: 602-437-4777
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Ignacio Conchos School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ignacio Conchos School

Lot Info

  • Lot Size Sq Ft: 4950.0
  • Parcel #: 105-78-318
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Book Number: 105.00
  • Tax Lot: 59
  • Tax Map Number: 78.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Mircea Muresanu
Bought by
Pagaya Smartresi F1 Fund Property Owner Ii Ll
Current Estimated Value
$351,010

Purchase Details

Listed on
Dec 21, 2011
Closed on
Jun 15, 2012
Sold by
Travers Timothy M
Bought by
Muresanu Mircea
Seller's Agent
Ray Kowantz
HomeSmart
Buyer's Agent
Rosie Crowley
HomeSmart
List Price
$64,900
Sold Price
$72,500
Premium/Discount to List
$7,600
11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%

Purchase Details

Listed on
Dec 21, 2011
Closed on
May 29, 2012
Sold by
Lin Annie
Bought by
Muresanu Mircea
Seller's Agent
Ray Kowantz
HomeSmart
Buyer's Agent
Rosie Crowley
HomeSmart
List Price
$64,900
Sold Price
$72,500
Premium/Discount to List
$7,600
11.71%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Jackson Sheri N
Bought by
Travers Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,540
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2008
Sold by
Borunda Jonathan P
Bought by
Travers Timothy and Jackson Sheri N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,875
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2004
Sold by
Richmond American Homes Of Arizona Inc
Bought by
Borunda Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,669
Interest Rate
5.7%
Mortgage Type
FHA
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
Pagaya Smartresi F1 Fund Property Owner Ii Ll $370,400 Fidelity National Title
Muresanu Mircea $72,500 Chicago Title Agency Inc
Muresanu Mircea -- Chicago Title Agency Inc
Travers Timothy M -- Security Title Agency
Travers Timothy $163,400 Magnus Title Agency
Borunda Jonathan P $119,730 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagaya Smartresi F1 Fund Prope $424,862,000
Previous Owner Travers Timothy M $156,540
Previous Owner Travers Timothy $160,875
Previous Owner Borunda Jonathan P $118,669
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Rented $1,975 0.0% --
01/24/2023 01/24/23 Price Changed $1,975 -0.8% $1 / Sq Ft
01/09/2023 01/09/23 Price Changed $1,990 -0.3% $1 / Sq Ft
11/14/2022 11/14/22 Price Changed $1,995 -4.3% $1 / Sq Ft
10/26/2022 10/26/22 For Rent $2,085 0.0% --
10/26/2022 10/26/22 Off Market $2,085 -- --
10/25/2022 10/25/22 For Rent $2,085 +145.3% --
11/21/2012 11/21/12 Rented $850 -2.9% --
11/16/2012 11/16/12 Under Contract -- -- --
09/07/2012 09/07/12 For Rent $875 0.0% --
06/22/2012 06/22/12 Sold $72,500 +0.7% $54 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
02/07/2012 02/07/12 Price Changed $72,000 -0.1% $54 / Sq Ft
01/12/2012 01/12/12 Price Changed $72,050 +11.0% $54 / Sq Ft
12/21/2011 12/21/11 For Sale $64,900 -- $48 / 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 $1,271 $8,654 -- --
2024 $1,235 $8,242 -- --
2023 $1,235 $24,800 $4,960 $19,840
2022 $1,210 $19,170 $3,830 $15,340
2021 $1,235 $17,220 $3,440 $13,780
2020 $1,220 $16,170 $3,230 $12,940
2019 $1,180 $14,110 $2,820 $11,290
2018 $1,149 $12,500 $2,500 $10,000
2017 $1,095 $11,050 $2,210 $8,840
2016 $1,041 $9,610 $1,920 $7,690
2015 $980 $8,160 $1,630 $6,530
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2023

    Noelle Jenkins

    Venture REI, LLC

  • Rosie Crowley

    Seller's Agent in 2012

    Rosie Crowley

    HomeSmart

    (602) 677-0095

    22 Total Sales

    Rosie Crowley
    Section Image

  • R

    Seller's Agent in 2012

    Ray Kowantz

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6481443

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-78-318

Arizona Maricopa County Phoenix 85041 South Mountain

5720 S 16th Ln, Phoenix, AZ

This home is located at 5720 S 16th Ln, Phoenix, AZ 85041 since 25 October 2022 and is currently priced at $351,010. This property was built in 2004. 5720 S 16th Ln is a home located in Maricopa County with nearby schools including C J Jorgensen School, Cesar Chavez High School, and Phoenix Coding Academy.

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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