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5020 West Pedro Lane

5020 West Pedro Lane, Laveen, AZ 85339
Sold Sep 02, 2004
$257,533
$340,000 by Lime Financial Services Ltd
Mortgage Due Oct 01, 2036
5020 West Pedro Lane has been categorized by the local assessors in Laveen, AZ as a residential type of property. The building on the property was first built in 2004 and is 20 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5020 West Pedro Lane has 2,656 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 10,137 square feet.

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 are a total of 3 available parking spaces. 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 B by the local assessor. The roof of the building is made of concrete. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5020 West Pedro Lane sold most recently in Aug 18, 2004 for a total of $257,533. If you work out the math, that's approximately a cost of $96.96 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,554 in taxes each year. 5020 West Pedro Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,350. If we break it down further, the land itself was valued at $7,070. Improvements to the property, however, were assessed at a total of $28,280. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,137
  • Total Building Area: 2,656
  • Gross Building Area: 2,656
  • Building Area: 2,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEATHAM FARMS SOUTH
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHEATHAM FARMS SOUTH MCR 594-34

Ownership

  • Current Owner : RODRIGUEZ ESTHER
  • Previous Owner : MERITAGE HOMES OF ARIZONA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116610

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 59434
  • Parcel: 311-05-115
  • Lot: 115
  • Meridian: SEC 4 TWN 1S RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.3663
  • Longitude: -112.168

    Address

  • Full Address: 5020 W Pedro Ln
  • Address - House Number: 5020
  • Street Direction: W
  • Address - Street Name: Pedro
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Laveen
  • Carrier Code: R008
  • 4-Digit Zip Code: 4225
  • Zip Code: 85339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,554
  • Tax Rate Code Area: 591300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 525,308
  • High Value: 596,401
  • Low Value: 454,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: LIME FINANCIAL SERVICES LTD
  • First Open Lien Mortgage Recording Date: Sep 12, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $353,500
  • Market Land Value: $70,700
  • Market Improvement Value: $282,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,350
  • Assessed Land Value: $7,070
  • Assessed Improvements Value: $28,280

    Sales

  • Current Sale Contract Date: Aug 18, 2004
  • Current Sale Recording Date: Sep 02, 2004
  • Current Sale Transaction ID: 1017237367
  • Current Sale Price: $257,533
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2004-1033859

    Last Sale Mortgage

  • First Mortgage Lender: NOVASTAR MORTGAGE INC
  • First Mortgage Transaction Date: Sep 02, 2004
  • First Mortgage Loan Amount: $257,533
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Laveen



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Frequently Asked Questions

What neighborhood is 5020 West Pedro Lane located in?
The 5020 West Pedro Lane is a located in the neighborhood of Cheatham Farms South in Laveen, Laveen.
What is the average sales price for listings in 5020 West Pedro Lane?
The average sales price for units in 5020 West Pedro Lane is $0 currently.

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