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5138 East Fernwood Court

5138 East Fernwood Court, Cave Creek, AZ 85331
Property in Tatum Ranch
Sold Apr 05, 2010
$207,500
$172,000 by Quicken Loans Inc
Mortgage Due Sep 01, 2032
Sold Aug 02, 2005
$395,000
$296,250 by Credit Suisse First Boston Fin
Mortgage Due Aug 01, 2035
Local assessors in Cave Creek, AZ have categorized 5138 East Fernwood Court as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 7,828 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5138 East Fernwood Court has a total of 1,828 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. 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, 5138 East Fernwood Court was last sold in Mar 8, 2010 for $207,500. According to our calculations, that's $113.51 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Jul 5, 2005. Current property owners are expected to pay $1,794 in taxes per year. The property on 5138 East Fernwood Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,920. To break that down further, the land itself was valued at $9,580. While improvements to the property were assessed at a total of $38,340. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,828
  • Total Building Area: 1,828
  • Gross Building Area: 1,828
  • Building Area: 1,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,828
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARCEL 31B AT TATUM RANCH REPLAT
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL 31B AT TATUM RANCH REPLAT MCR 469-19

Ownership

  • Current Owner : BAKER SHERIL LYNN
  • Previous Owner : LESSER MYRON
  • Owner Before Previous Owner: EVANS BRUCE E
  • Owner Before Previous Owner 2: EVANS JANE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cave Creek Unified District
  • Census Tract: 612900

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 46919
  • Parcel: 211-89-209
  • Lot: 58
  • Municipality: PHOENIX
  • Latitude: 33.7529
  • Longitude: -111.97

    Address

  • Full Address: 5138 E Fernwood Ct
  • Address - House Number: 5138
  • Street Direction: E
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Ct
  • State: AZ
  • City Name: Cave Creek
  • Carrier Code: H009
  • 4-Digit Zip Code: 2305
  • Zip Code: 85331

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,794
  • Tax Rate Code Area: 931300

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 625,360
  • High Value: 717,967
  • Low Value: 532,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 29, 2012
  • First Open Lien Mortgage Loan Amount: $172,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032

    Market Valuation

  • Market Total Value: $479,200
  • Market Land Value: $95,800
  • Market Improvement Value: $383,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,920
  • Assessed Land Value: $9,580
  • Assessed Improvements Value: $38,340

    Sales

  • Current Sale Contract Date: Mar 08, 2010
  • Current Sale Recording Date: Apr 05, 2010
  • Current Sale Transaction ID: 1024897072
  • Current Sale Price: $207,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010-0285384
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jul 05, 2005
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: Apr 05, 2010
  • First Mortgage Loan Amount: $166,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: CREDIT SUISSE FIRST BOSTON FIN
  • Previous Mortgage Transaction Date: Aug 02, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $296,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Desert View



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Frequently Asked Questions

What neighborhood is 5138 East Fernwood Court located in?
The 5138 East Fernwood Court is a located in the neighborhood of Tatum Ranch in Desert View, Cave Creek.
What is the average sales price for listings in 5138 East Fernwood Court?
The average sales price for units in 5138 East Fernwood Court is $0 currently.

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