NOT LISTED FOR SALE

5740 E Covina Rd Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated Value: $303,000 - $314,000

2 Beds
2 Baths
1,444 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $137,000 $95 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,719/month

63 Days on Market

Highlights

  • 0.19 Acre Lot
  • Eat-In Kitchen
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Tile Flooring
  • 1-Story Property

About This Home

As of July 2014

Completely remodeled home in a 55+ community. Spacious living with 2 bedrooms, 2 baths, large launry room, Arizona room and storage room too. All new 20 inch tile, new carpet,lights, fans, sinks, tubs and new tile around the tubs. Fresh paint and so much more! At least one resident must be 55 yrs. or older and any children living with parents must be at least 18 yr. old.
Seller is licensed real state agent in Az. No SPDS, No CLUE as seller never lived in the home.

Last Agent to Sell the Property

Sue Gibson

Gentry Real Estate License #SA554156000 Listed on: 04/10/2014

Gentry Real Estate

Last Buyer's Agent

Brian Timpani

West USA Realty License #SA651416000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1964

Lot Details

  • 8,325 Sq Ft Lot
  • Desert faces the front of the property

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Association fees include (see remarks)
  • Velda Rose Association
  • Velda Rose Estates 2 Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 141-78-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1964

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Cross Street: Higley & US 60
  • Legal Info Range: 6E
  • 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: 12.6
  • 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: 1964
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: VELDA ROSE ESTATES 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 94.88
  • Association Fees:HOA Fee2: 12.6
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1444.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 12.6
  • Association Fee Frequency: Monthly
  • Association Name: Velda Rose
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Velda Rose
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8325.0
  • Parcel #: 141-78-037
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 740.0
  • Tax Book Number: 141.00
  • Tax Lot: 33
  • Tax Map Number: 78.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jul 16, 2014
Sold by
Btzkk Home Investments Llc
Bought by
Ruiz Maria J
Seller's Agent
Sue Gibson
Gentry Real Estate
Buyer's Agent
Brian Timpani
West USA Realty
List Price
$144,900
Sold Price
$137,000
Premium/Discount to List
-$7,900
-5.45%
Current Estimated Value
$310,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,024
Avg. Annual Appreciation
7.38%
Original Mortgage
$132,910
Outstanding Balance
$101,737
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$208,287

Purchase Details

Closed on
Feb 21, 2014
Sold by
Patzer Teresa S
Bought by
Btzkk Home Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Kelm Teresa S
Bought by
Kelm Michael S

Purchase Details

Closed on
May 27, 1998
Sold by
Phillips Alberta V
Bought by
Kelm Michael S and Kelm Teresa S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruiz Maria J $137,500 Stewart Title & Trust
Btzkk Home Investments Llc $80,000 Stewart Title & Trust Of Pho
Kelm Michael S -- None Available
Kelm Michael S $80,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Maria J $132,910
Previous Owner Btzkk Home Investments Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2014 07/18/14 Sold $137,000 +1.9% $95 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
06/09/2014 06/09/14 Price Changed $134,500 -0.3% $93 / Sq Ft
06/05/2014 06/05/14 Price Changed $134,900 -0.8% $93 / Sq Ft
05/31/2014 05/31/14 Price Changed $136,000 -0.7% $94 / Sq Ft
05/27/2014 05/27/14 Price Changed $136,900 -0.7% $95 / Sq Ft
05/21/2014 05/21/14 Price Changed $137,900 -0.7% $95 / Sq Ft
05/15/2014 05/15/14 Price Changed $138,900 -0.7% $96 / Sq Ft
05/06/2014 05/06/14 Price Changed $139,900 -1.4% $97 / Sq Ft
05/03/2014 05/03/14 Price Changed $141,900 -0.7% $98 / Sq Ft
04/27/2014 04/27/14 Price Changed $142,900 -1.4% $99 / Sq Ft
04/10/2014 04/10/14 For Sale $144,900 -- $100 / 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 $1,011 $12,793 -- --
2024 $1,054 $12,184 -- --
2023 $1,054 $24,720 $4,940 $19,780
2022 $1,030 $18,880 $3,770 $15,110
2021 $1,041 $16,710 $3,340 $13,370
2020 $1,032 $15,220 $3,040 $12,180
2019 $960 $14,030 $2,800 $11,230
2018 $926 $12,560 $2,510 $10,050
2017 $910 $11,070 $2,210 $8,860
2016 $882 $10,450 $2,090 $8,360
2015 $832 $9,910 $1,980 $7,930
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sue Gibson

    Gentry Real Estate

    (480) 206-8482

    8 in this area

    217 Total Sales

    Sue Gibson
    Section Image

  • B

    Buyer's Agent in 2014

    Brian Timpani

    West USA Realty

    (480) 489-0746

    38 Total Sales

    Brian Timpani
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5098696

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-78-037

Arizona Maricopa County Mesa 85205 Central Mesa East

5740 E Covina Rd, Mesa, AZ

Not Listed for Sale

Detached

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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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