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5531 West Lariat Lane

5531 West Lariat Lane, Phoenix, AZ 85083
Sold Dec 06, 2021
$699,900
$559,920 by Gold Star Mortgage Financial G
Mortgage Due Jan 01, 2052
Sold Sep 27, 2010
$294,000
$235,200 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2040
5531 West Lariat Lane has been categorized by the local assessors in Phoenix, AZ as a residential type of property. The building on the property was first built in 2006 and is 18 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5531 West Lariat Lane has 2,598 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 14,066 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 a combination of material. 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. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5531 West Lariat Lane was last sold in Dec 1, 2021 for $699,900. According to our calculations, that's $269.40 per sqft. Prior to that sales transaction, the property was sold for $294,000 in Aug 31, 2010. Current property owners are expected to pay $3,822 in taxes per year. The property on 5531 West Lariat Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $51,170. To break that down further, the land itself was valued at $10,230. While improvements to the property were assessed at a total of $40,940. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Open Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • 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: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,066
  • Total Building Area: 2,598
  • Gross Building Area: 2,598
  • Building Area: 2,598
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,598
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STETSON VALLEY PARCELS 5 13 14
  • Land Acres: 0.323
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STETSON VALLEY PARCELS 5 13 14 MCR 706-15

Ownership

  • Current Owner : WILLSON CHAD
  • Current Owner 2: HOFIUS WILLSON KATHERINE
  • Previous Owner : HOCHHALTER DENNIS R
  • Previous Owner 2: OLESKE KIMBERLY D
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 611500

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 70615
  • Parcel: 201-38-103
  • Lot: 75
  • Meridian: SEC 5 TWN 4N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.7214
  • Longitude: -112.18

    Address

  • Full Address: 5531 W Lariat Ln
  • Address - House Number: 5531
  • Street Direction: W
  • Address - Street Name: Lariat
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: H006
  • 4-Digit Zip Code: 1231
  • Zip Code: 85083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,822
  • Tax Rate Code Area: 971300

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 726,838
  • High Value: 833,723
  • Low Value: 619,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $559,920
  • First Open Lien Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $559,920
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $511,700
  • Market Land Value: $102,300
  • Market Improvement Value: $409,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,170
  • Assessed Land Value: $10,230
  • Assessed Improvements Value: $40,940

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11871605847
  • Current Sale Price: $699,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211290271
  • Previous Sale Recording Date: Sep 27, 2010
  • Previous Sale Contract Date: Aug 31, 2010
  • Previous Sale Amount: $294,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $559,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 27, 2010
  • Previous Mortgage Loan Amount: $235,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2040

About Deer Valley



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Nearby Rentals

Unit for rent at

$2,400 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,035 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5531 West Lariat Lane located in?
The 5531 West Lariat Lane is a house located in the neighborhood of Stetson Valley in Deer Valley, Phoenix.
What is the average sales price for listings in 5531 West Lariat Lane?
The average sales price for units in 5531 West Lariat Lane is $0 currently.

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