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5001 South Terrace Road

5001 South Terrace Road, Tempe, AZ 85282
Townhouse in Maricopa
Sold Aug 03, 2020
$185,000
Sold Apr 30, 1999
$60,000
$54,000 by Community National Mtg Corp
Mortgage Due May 01, 2029
5001 South Terrace Road has been categorized by the local assessors in Tempe, AZ as a residential type of property. The building on the property was first built in 1972 and is 52 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5001 South Terrace Road has 792 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,451 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jul 30, 2020 for $185,000. That's $233.59 per sqft. Prior to that sales transaction, the property was also sold in Apr 7, 1999 for $60,000. 5001 South Terrace Road was last assessed in 2023. The total value of the property was assessed at $17,550. Specifically, the land the property is located on was valued at $3,510. While improvements on the property were assessed at a total of $14,040. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $812. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,451
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PREMIERE TOWNHOUSES 1
  • Land Acres: 0.033
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PARK PREMIERE TOWNHOUSES 1 MCR 140-17

Ownership

  • Current Owner : USKY TERESA
  • Current Owner 2: SHIREMAN MARC
  • Previous Owner : REGINATO MICHAEL J
  • Previous Owner 2: REGINATO BOBBI MICHELE
  • Owner Before Previous Owner: LEADBETTER WILLIAM L
  • Owner Before Previous Owner 2: LEADBETTER NANCY R
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319401

Zoning

  • Zoning: D

Geography

  • Assessors Map Reference: 14017
  • Parcel: 133-38-257
  • Lot: 44
  • Meridian: SEC 35 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3802
  • Longitude: -111.92

    Address

  • Full Address: 5001 S Terrace Rd
  • Address - House Number: 5001
  • Street Direction: S
  • Address - Street Name: Terrace
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C073
  • 4-Digit Zip Code: 7273
  • Zip Code: 85282

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $812
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 267,602
  • High Value: 305,898
  • Low Value: 229,306

    Market Valuation

  • Market Total Value: $175,500
  • Market Land Value: $35,100
  • Market Improvement Value: $140,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,550
  • Assessed Land Value: $3,510
  • Assessed Improvements Value: $14,040

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11775932272
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200699883
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Contract Date: Apr 07, 1999
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY NATIONAL MTG CORP
  • Previous Mortgage Transaction Date: Apr 30, 1999
  • Previous Mortgage Loan Amount: $54,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2029

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Frequently Asked Questions

What neighborhood is 5001 South Terrace Road located in?
The 5001 South Terrace Road is a townhouse located in the neighborhood of Maricopa in Tempe, Tempe.
What is the average sales price for listings in 5001 South Terrace Road?
The average sales price for units in 5001 South Terrace Road is $0 currently.

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