NOT LISTED FOR SALE

5840 E Cambridge Ave Scottsdale, AZ 85257

South Scottsdale Neighborhood

Estimated Value: $687,199 - $853,000

3 Beds
2 Baths
1,678 Sq Ft
$472/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $450,000 $268 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,457/month

3 Days on Market

Highlights

  • RV Gated
  • 0.24 Acre Lot
  • Outdoor Fireplace
  • Phoenix Coding Academy Rated A
  • Mountain View
  • Granite Countertops

About This Home

As of August 2018

*Looking for a special place to call home? The Exclusive Sherwood Estates is THE place to be! Desert living in the city where homes have larger lots, wider roads + breathtaking views of Camelback Mountain to the North + Papago Mountain to the south * This 3 bedroom, 2 bath home has been updated and is move-in ready! Light, Bright, + Open floor plan * An Eat-in kitchen boasts of granite counters, custom cabinetry, + SS appliances + a side butlers area for addt'l storage * Great rm w/ living + dining areas, wood-like flooring, recessed lighting, built-in surround sound speakers, + 2 sliders that lead out to a large cov'd patio * Inside Laundry w/ W+D conveying + additional storage space * 3 good-sized bedrms + 2 updated bathrms * Large 10,500 sq. ft lot that is meticulously maintained w/ low maintenance desert landscaping in the front + both desert + grass in the back. Bonus! 2 fruit trees - Grapefruit + Tangelo! Yard is on drip and sprinklers. 2 car garage w/ a huge BONUS of a ducted room off of the garage that could be used as a workshop, art studio, or more storage! This location is fantastic - borders Arcadia and is minutes from Old Town, Botanical Gardens, Zoo, ASU, Airport, Golf, Parks, + Shopping! Don't miss out on this great opportunity to own this home!*

Last Agent to Sell the Property

Molly Fredrick

Compass License #SA561239000 Listed on: 06/08/2018

Co-Listed By

Chris Morrison

Compass License #BR529508000

Last Buyer's Agent

Maureen Schwenk

HomeSmart License #SA519641000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1961

Lot Details

  • 10,452 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage

Schools

  • Griffith Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Castleberry
  • Sherwood Estates Subdivision, *Sherwood Estates!* Floorplan

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 129-27-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,864

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Thomas + 56th Street
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2013
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2013
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2017
  • Directions: *South to Wilshire - East on Wilshire - North on 58th Place - East on Cambridge to home*
  • Master Model: *Sherwood Estates!*
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: Sherwood Estates
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1678.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Gravel/Stone Back, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: Griffith Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Griffith Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10452.0
  • Parcel #: 129-27-019

Building Info

  • Builder Name: Castleberry

Tax Info

  • Tax Annual Amount: 2864.0
  • Tax Book Number: 129.00
  • Tax Lot: 18
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 26, 2018
Sold by
Abert Derek G
Bought by
Gazzaniga Anne and Carter Winston
Seller's Agent
Molly Fredrick
Compass
Buyer's Agent
Maureen Schwenk
HomeSmart
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$792,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,300
Avg. Annual Appreciation
8.14%
Original Mortgage
$360,000
Outstanding Balance
$312,645
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$479,655

Purchase Details

Listed on
Oct 31, 2013
Closed on
Feb 25, 2014
Sold by
Grosso Michael
Bought by
Abert Derek G
Seller's Agent
Trevor Halpern
eXp Realty
Buyer's Agent
Molly Fredrick
RETSY
List Price
$400,000
Sold Price
$387,500
Premium/Discount to List
-$12,500
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$395,831
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Apr 24, 2013
Sold by
Grosso Cynthia G
Bought by
Grosso Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2013
Sold by
Astuno James
Bought by
Grosso Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Watson Travis Grant and Watson Jennifer Renee
Bought by
Astuno James

Purchase Details

Closed on
May 18, 2011
Sold by
Astuno Joan T
Bought by
Astuno James

Purchase Details

Closed on
Jun 6, 2003
Sold by
Campbell Loretta H and Schroeder Linda Ann
Bought by
Watson Travis Grant and Watson Jennifer Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2001
Sold by
Campbell Loretta Helen and Schroeder Linda Ann
Bought by
Campbell Loretta Helen and Schroeder Linda Ann
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
Gazzaniga Anne $450,000 Landmark Title Assurance Age
Abert Derek G $387,500 Driggs Title Agency Inc
Grosso Michael -- Clear Title Agency Of Az
Grosso Michael $345,000 Clear Title Agency Of Az
Astuno James $260,000 Title Management Agency Of A
Astuno James -- Title Management Agency Of A
Watson Travis Grant $239,500 Capital Title Agency Inc
Campbell Loretta Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gazzaniga Anne $360,000
Previous Owner Abert Derek G $395,831
Previous Owner Grosso Michael $276,000
Previous Owner Grosso Michael $276,000
Previous Owner Watson Travis Grant $191,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2018 08/06/18 Sold $450,000 -5.3% $268 / Sq Ft
06/27/2018 06/27/18 For Sale $475,000 0.0% $283 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $475,000 +22.6% $283 / Sq Ft
02/27/2014 02/27/14 Sold $387,500 -3.1% $231 / Sq Ft View Prior Sale
01/09/2014 01/09/14 For Sale $400,000 +3.2% $238 / Sq Ft
11/12/2013 11/12/13 Off Market $387,500 -- --
10/31/2013 10/31/13 For Sale $400,000 -- $238 / 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 $3,477 $34,652 -- --
2024 $3,251 $33,002 -- --
2023 $3,251 $52,400 $10,480 $41,920
2022 $3,100 $38,920 $7,780 $31,140
2021 $3,247 $37,220 $7,440 $29,780
2020 $3,197 $36,810 $7,360 $29,450
2019 $3,206 $34,420 $6,880 $27,540
2018 $3,008 $32,150 $6,430 $25,720
2017 $2,864 $30,380 $6,070 $24,310
2016 $2,816 $27,070 $5,410 $21,660
2015 $2,730 $27,470 $5,490 $21,980
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Molly Fredrick

    Compass

  • C

    Seller Co-Listing Agent in 2018

    Chris Morrison

    Compass

  • M

    Buyer's Agent in 2018

    Maureen Schwenk

    HomeSmart

    (602) 230-7600

    2 in this area

    29 Total Sales

    Maureen Schwenk
    Section Image

  • S

    Buyer Co-Listing Agent in 2018

    Summer McKeever

    HomeSmart

    Section Image
  • Trevor Halpern

    Seller's Agent in 2014

    Trevor Halpern

    eXp Realty

    (602) 595-4200

    2 in this area

    185 Total Sales

    Trevor Halpern
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5777536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 129-27-019

Arizona Maricopa County Scottsdale 85257 South Scottsdale

5840 E Cambridge Ave, Scottsdale, AZ

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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