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1503 West 5th Street

1503 West 5th Street, Tempe, AZ 85281
Property in Lindon Park
Sold Dec 17, 2021
$620,000
$286,425 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2052
Sold Jun 26, 2018
$246,846
$210,000 by Perlow Investments Llc
Mortgage
1503 West 5th Street in Tempe, AZ was first built in 1960 and is 64 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1503 West 5th Street has 1,840 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,510 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1503 West 5th Street was last sold in Dec 13, 2021 for $620,000. According to our calculations, that's $336.96 per sqft. Prior to that sales transaction, the property was sold for $246,846 in Jun 25, 2018. Current property owners are expected to pay $1,995 in taxes per year. The property on 1503 West 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,010. To break that down further, the land itself was valued at $7,800. While improvements to the property were assessed at a total of $31,210. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,510
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINDON PARK 8
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINDON PARK 8 MCR 81/46

Ownership

  • Current Owner : HUTTER RALPH
  • Current Owner 2: HUTTER JOY
  • Previous Owner : BLOOM ANDREW ROSS
  • Previous Owner 2: BLOOM BARBARA ELLEN
  • Owner Before Previous Owner: KUHN MICHAEL J
  • Owner Before Previous Owner 2: KUHN SUSAN M
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319710

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 8146
  • Parcel: 124-72-069
  • Lot: 250
  • Meridian: SEC 17 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.4255
  • Longitude: -111.963

    Address

  • Full Address: 1503 W 5th St
  • Address - House Number: 1503
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C041
  • 4-Digit Zip Code: 2428
  • Zip Code: 85281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,995
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 570,510
  • High Value: 647,720
  • Low Value: 493,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,425
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $286,425
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $390,100
  • Market Land Value: $78,000
  • Market Improvement Value: $312,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,010
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $31,210

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11874571523
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211340639
  • Previous Sale Recording Date: Jun 26, 2018
  • Previous Sale Contract Date: Jun 25, 2018
  • Previous Sale Amount: $246,846
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $286,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PERLOW INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Jun 26, 2018
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lindon Park



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Frequently Asked Questions

What neighborhood is 1503 West 5th Street located in?
The 1503 West 5th Street is a located in the neighborhood of Lindon Park in Lindon Park, Tempe.
What is the average sales price for listings in 1503 West 5th Street?
The average sales price for units in 1503 West 5th Street is $650,000 , or $283/sqft. currently.

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