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Phoenix 85339 Laveen Commons
5405 W COLES Road
Photo of 5405 W COLES Road
Sold on Mar 5, 2020

22

Map

Photo of 5405 W COLES Road
Photo of 5405 W COLES Road
$310,000
● House - Off Market

5405 W COLES Road

Laveen, AZ 85339
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,174 Ft²
$484,839
RealtyHop Estimate
56.40%
Since Apr 1, 2020
AZ-Phoenix
Primary Model

About This Property

Wonderful family home with inviting entrance, open concept, split bedroom plan. The 4th bedroom used as office no closet, added double doors lots of light to work. 3rd bedroom has wood floor used as workout room, 2nd bedroom has carpet and used as guest room.  The great room, entrance and formal dining rooms all have trey ceilings and lots of lights/ windows. The extended back covered patio with pavers and raised flower beds make relaxed feel, easy care yards, the side yard has lemon tree and back has 2 shade trees, & storage shed.  Don't miss the owned solar panels that stay and keep power bill low. Master bath has easy access shower and ramp stays. Solar owned and transfers free and clear.
Unit Size
2,174 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$143
Property Type
House
Property Taxes
$273
HOA Dues
$92
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6012933)

Price History

Date / Event Date Event Price
Mar 5, 2020 Sold
Premium
Sold
Dec 9, 2019 Listed by West USA Realty $310,000
Listed by West USA Realty
Dec 21, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,079
  • Total Building Area: 2,174
  • Gross Building Area: 2,174
  • Building Area: 2,174
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,174
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAVEEN COMMONS
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: LAVEEN COMMONS MCR 753-34

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116619

Zoning

  • Zoning: R-18

Geography

  • Assessors Map Reference: 75334
  • Parcel: 300-13-638
  • Lot: 24
  • Meridian: SEC 5 TWN 1S RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.3694
  • Longitude: -112.175

    Address

  • Full Address: 5405 W Coles Rd
  • Address - House Number: 5405
  • Street Direction: W
  • Address - Street Name: Coles
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Laveen
  • Carrier Code: R016
  • 4-Digit Zip Code: 7145
  • Zip Code: 85339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $311,012
  • Tax Rate Code Area: 591300

    Appraisal Valuation

  • Standard Deviation: 0.1466
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 487,389
  • High Value: 558,857
  • Low Value: 415,922

    Market Valuation

  • Market Total Value: $352,200
  • Market Land Value: $70,400
  • Market Improvement Value: $281,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,220
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $28,180

    Sales

  • Current Sale Contract Date: Dec 31, 2019
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200193962
  • Previous Sale Recording Date: Dec 21, 2009
  • Previous Sale Contract Date: Jul 28, 2009
  • Previous Sale Amount: $203,239
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Laveen

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$230

Above Asking

0.00%

Average Days on Market

80

Average Home Size

2304 ft²

Average Home Age

12.4 years

Currently For Sale

231 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4804 W St Kateri Drive, Laveen, AZ, 85339

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,654 ft²
4804 W St Kateri Drive, Laveen, AZ, 85339 Listing by Luisa Ortega
Unit for rent at 5133 W Mcneil Street, Laveen, AZ, 85339

$2,650 /mo

  • 4 Beds
  • 3 Baths
  • 1,825 ft²
5133 W Mcneil Street, Laveen, AZ, 85339 Listing by Monica Astorga
Unit for rent at 4221 W Carmen Street, Laveen, AZ, 85339

$5,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,861 ft²
4221 W Carmen Street, Laveen, AZ, 85339 Listing by Imoni Morales

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Edith Gilbertsen, West USA Realty
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6012933
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 5405 West Coles Road built and last sold?
The property at 5405 West Coles Road was built in 2009 and last sold on Dec 31, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 5405 West Coles Road is $322,541.
What are some comparable homes to 5405 West Coles Road?
There are currently no comparable homes to 5405 West Coles Road.
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