NOT LISTED FOR SALE

7848 N 5th Ave Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $809,513

4 Beds
2.5 Baths
2,450 Sq Ft
$330/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2023

Last sale price $680,000 $278 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,677 / mo

53 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Madison Richard Simis School Rated A-
  • No HOA
  • Wet Bar

About This Home

As of December 2023

NOW PRICED TO SELL! Meticulously maintained. Brand new roof installed August 2023 (10 year transferrable warranty), Water Heater is 2022 and HVAC is a Carrier unit about seven years old. AWESOME BACKYARD with large grassy area, long covered patio, and a fantastic diving pool with a waterslide. PRIME LOCATION IN NORTH CENTRAL PHOENIX with tons of eateries and hiking opportunities just minutes away. Easy access to both the 51 and I-17 freeways for convenient travel in any direction, and just 12 minutes from Sky Harbor Airport. In district for both Madison Richard Simis elementary and Madison Meadows junior high which are ELITE SCHOOLS! This is definitely an opportunity you don't want to miss out on. ONE OF THE BEST VALUES IN 85021. HUGE POTENTIAL!

Last Agent to Sell the Property

Jeff Fields

Russ Lyon Sotheby's International Realty License #SA643055000 Listed on: 09/17/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Jonathan Brier

Realty ONE Group License #SA117626000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1971

Lot Details

  • 11,709 Sq Ft Lot
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Pool

  • Private Pool
  • Diving Board

Location

  • Property is near bus stop

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160-42-083

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Modern Builders
  • Modern Groves Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 1971

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Cross Street: Northern and 5th Ave.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • 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: 1971
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: MODERN GROVES
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 277.55
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Full Bth Master Bdrm
  • Living Area: 2450.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Diving Pool, Private
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11709.0
  • Parcel #: 160-42-083

Building Info

  • Builder Name: Modern Builders

Tax Info

  • Tax Annual Amount: 4106.0
  • Tax Book Number: 160.00
  • Tax Lot: 24
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Dec 20, 2023
Sold by
Scher Family Trust
Bought by
Katzen Eric and Vela Amelia N
Seller's Agent
Jeff Fields
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jonathan Brier
Realty ONE Group
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%
Views
480
Current Estimated Value
$809,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,513
Avg. Annual Appreciation
7.67%
Original Mortgage
$655,690
Outstanding Balance
$641,998
Interest Rate
7.5%
Mortgage Type
VA
Estimated Equity
$167,515

Purchase Details

Closed on
Jul 28, 2004
Sold by
Scher John H and Scher Susan J
Bought by
Scher John H and Scher Susan

Purchase Details

Closed on
Dec 6, 1996
Sold by
Scher John H and Scher Susan J
Bought by
Scher John H and Scher Susan 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
Katzen Eric $680,000 Pioneer Title
Scher John H -- --
Scher John H -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katzen Eric $655,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $680,000 -2.7% $278 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/04/2023 11/04/23 Price Changed $699,000 -6.8% $285 / Sq Ft
09/30/2023 09/30/23 Price Changed $750,000 0.0% $306 / Sq Ft
09/30/2023 09/30/23 For Sale $750,000 -6.1% $306 / Sq Ft
09/30/2023 09/30/23 Off Market $799,000 -- --
09/17/2023 09/17/23 For Sale $799,000 -- $326 / 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 $4,621 $40,073 -- --
2024 $4,244 $38,165 -- --
2023 $4,244 $60,450 $12,090 $48,360
2022 $4,106 $44,500 $8,900 $35,600
2021 $4,190 $41,560 $8,310 $33,250
2020 $4,122 $40,000 $8,000 $32,000
2019 $4,028 $36,930 $7,380 $29,550
2018 $3,923 $34,180 $6,830 $27,350
2017 $3,724 $33,960 $6,790 $27,170
2016 $3,589 $31,580 $6,310 $25,270
2015 $3,340 $27,870 $5,570 $22,300
Source: Public Records

Agents Affiliated with this Home

  • Jeff Fields

    Seller's Agent in 2023

    Jeff Fields

    Russ Lyon Sotheby's International Realty

    (480) 269-3123

    5 in this area

    75 Total Sales

    Jeff Fields
    Section Image
  • Jonathan Brier

    Buyer's Agent in 2023

    Jonathan Brier

    Realty One Group

    (760) 422-9500

    1 in this area

    24 Total Sales

    Jonathan Brier
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6606355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-42-083

Arizona Maricopa County Phoenix 85021 Alhambra

7848 N 5th Ave, Phoenix, 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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