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5502 South Hazelton Lane

5502 South Hazelton Lane, Tempe, AZ 85283
Property in Optimist Park NW
Sold Nov 20, 2020
$370,000
$351,500 by Sun West Mortgage Company Inc
Mortgage Due Dec 01, 2050
Sold Aug 24, 2012
$194,900
$178,600 by Pinnacle Capital Mortgage Corp
Mortgage Due Sep 01, 2042
Local assessors in Tempe, AZ have categorized 5502 South Hazelton Lane as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 7,349 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 5502 South Hazelton Lane has a total of 1,566 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. 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 concrete block 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 - C. The building has a roof that is made of asphalt. Lots of block 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. The property was last sold in Nov 17, 2020 for $370,000. That's $236.27 per sqft. Prior to that sales transaction, the property was also sold in Aug 2, 2012 for $194,900. 5502 South Hazelton Lane was last assessed in 2023. The total value of the property was assessed at $34,550. Specifically, the land the property is located on was valued at $6,910. While improvements on the property were assessed at a total of $27,640. 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 $2,045. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 7,349
  • Total Building Area: 1,566
  • Gross Building Area: 1,566
  • Building Area: 1,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,566
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNOELL TEMPE UNIT 5
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KNOELL TEMPE UNIT 5 MCR 150-09

Ownership

  • Current Owner : WILLIAMSON BRADLEY MICHAEL
  • Previous Owner : CRESTIN CHRISTINE
  • Previous Owner 2: NAUGHTON CHRISTINE E
  • Owner Before Previous Owner: SGH INVETSMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319904

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 15009
  • Parcel: 301-01-538
  • Lot: 877
  • Meridian: SEC 1 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3731
  • Longitude: -111.905

    Address

  • Full Address: 5502 S Hazelton Ln
  • Address - House Number: 5502
  • Street Direction: S
  • Address - Street Name: Hazelton
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C060
  • 4-Digit Zip Code: 2339
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,045
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 474,742
  • High Value: 543,606
  • Low Value: 405,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $351,500
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $351,500
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $345,500
  • Market Land Value: $69,100
  • Market Improvement Value: $276,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,550
  • Assessed Land Value: $6,910
  • Assessed Improvements Value: $27,640

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11801812994
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201143197
  • Previous Sale Recording Date: Aug 24, 2012
  • Previous Sale Contract Date: Aug 02, 2012
  • Previous Sale Amount: $194,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $351,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE CAPITAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 24, 2012
  • Previous Mortgage Loan Amount: $178,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2042

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Frequently Asked Questions

What neighborhood is 5502 South Hazelton Lane located in?
The 5502 South Hazelton Lane is a located in the neighborhood of Optimist Park NW in Optimist Park NW, Tempe.
What is the average sales price for listings in 5502 South Hazelton Lane?
The average sales price for units in 5502 South Hazelton Lane is $0 currently.

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