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5526 North 5th Lane

5526 North 5th Lane, Phoenix, AZ 85013
Townhouse in La Colonia Solana
Sold Sep 25, 2020
$435,000
$750,000 by Ndx Investments Ii Llc
Mortgage
Sold Jun 03, 2020
$275,000
$216,000 by Active Funding Group Llc
Mortgage
5526 North 5th Lane in Phoenix, AZ was first built in 1973 and is 51 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5526 North 5th Lane has 1,717 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,646 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in Sep 22, 2020 for $435,000. That's $253.35 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2020 for $275,000. 5526 North 5th Lane was last assessed in 2023. The total value of the property was assessed at $40,710. Specifically, the land the property is located on was valued at $8,140. While improvements on the property were assessed at a total of $32,570. 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 $2,423. The initial tax year of delinquency was in 2022. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Exterior

Stucco Exterior

Parking

Open Parking
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: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,646
  • Total Building Area: 1,717
  • Gross Building Area: 1,717
  • Building Area: 1,717
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,717
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA COLONIA SOLANA
  • Land Acres: 0.084
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LA COLONIA SOLANA MCR 142-42

Ownership

  • Current Owner : ADLIB CONSTRUCTION LLC
  • Previous Owner : FLIPPINHOT AZ CONTRACTORS LLC
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 107500

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 14242
  • Parcel: 162-29-087
  • Lot: 4
  • Meridian: SEC 17 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5171
  • Longitude: -112.081

    Address

  • Full Address: 5526 N 5th Ln
  • Address - House Number: 5526
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C018
  • 4-Digit Zip Code: 1810
  • Zip Code: 85013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,423
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 381300

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 590,560
  • High Value: 679,101
  • Low Value: 502,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: NDX INVESTMENTS II LLC
  • First Open Lien Mortgage Recording Date: Nov 27, 2023
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $407,100
  • Market Land Value: $81,400
  • Market Improvement Value: $325,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,710
  • Assessed Land Value: $8,140
  • Assessed Improvements Value: $32,570

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11789117921
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200911418
  • Previous Sale Recording Date: Jun 03, 2020
  • Previous Sale Contract Date: Jun 01, 2020
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ACTIVE FUNDING GROUP LLC
  • Previous Mortgage Transaction Date: Jun 03, 2020
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 5526 North 5th Lane located in?
The 5526 North 5th Lane is a townhouse located in the neighborhood of La Colonia Solana in Alhambra, Phoenix.
What is the average sales price for listings in 5526 North 5th Lane?
The average sales price for units in 5526 North 5th Lane is $0 currently.

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