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Tempe 85283
5615 S CROWS NEST Road
Photo of 5615 S CROWS NEST Road
Sold on Dec 23, 2019

44

Map

Photo of 5615 S CROWS NEST Road
Photo of 5615 S CROWS NEST Road
$364,000
● House - Off Market

5615 S CROWS NEST Road

Tempe, AZ 85283
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,310 Ft²
$605,106
RealtyHop Estimate
61.36%
Since Jan 1, 2020
AZ-Phoenix
Primary Model

About This Property

Come see this beautiful, move-in-ready 3 bedroom home with many updates! Modern plank tile flooring and satillo tile, warm interior paint palette and granite in kitchen and bathrooms. Large great room layout that's perfect for hosting family and friends, the kitchen is open and bright with island, spacious countertops and upgraded maple cabinetry. There's a large master suite with a spacious closet, and a full master bath that includes dual sinks. Your new home offers lots of natural lighting, and well sized rooms. The backyard is huge with an extended patio pad and covered porch, plus a sparkling pool. All that's missing is your personal touch! Your Home Sweet Home awaits you!! The Lakes community has so much to offer from a full gym, racket ball, tennis courts, volleyball, basketball courts, to an olympic sized pool, along with weekly activities to community events.  With water front restaurants such as the watershed, and pier 54 in walking distance.  Movie theaters, grocery stores and shopping areas nearby as well
Unit Size
2,310 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$162
Property Type
House
Property Taxes
$227
HOA Dues
$310
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #5989487)

Price History

Date / Event Date Event Price
Dec 23, 2019 Sold
Premium
Sold
Oct 9, 2019 Listed by My Home Group Real Estate $374,999
Listed by My Home Group Real Estate
Mar 21, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,458
  • Total Building Area: 2,310
  • Gross Building Area: 2,310
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKES TRACT F3
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 0141
  • State Land Use Code: 0141
  • Legal Description 1: LAKES TRACT F3 MCR 137-41

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319903

Zoning

  • Zoning: D

Geography

  • Assessors Map Reference: 13741
  • Subdivision Tract Number: F-3
  • Parcel: 301-02-449
  • Lot: 99
  • Meridian: SEC 2 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3721
  • Longitude: -111.916

    Address

  • Full Address: 5615 S Crows Nest Rd
  • Address - House Number: 5615
  • Street Direction: S
  • Address - Street Name: Crows Nest
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C077
  • 4-Digit Zip Code: 2110
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $294,786
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 618,556
  • High Value: 708,624
  • Low Value: 528,487

    Market Valuation

  • Market Total Value: $428,600
  • Market Land Value: $85,700
  • Market Improvement Value: $342,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,860
  • Assessed Land Value: $8,570
  • Assessed Improvements Value: $34,290

    Sales

  • Current Sale Contract Date: Dec 08, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20191042125
  • Previous Sale Recording Date: Mar 21, 2014
  • Previous Sale Contract Date: Mar 04, 2014
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 71
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 Tempe

Stats & Trends

Median Asking:

$478,500

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1607 ft²

Average Home Age

44.7 years

Currently For Sale

514 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 1925 E Sesame Street, Tempe, AZ, 85283

$2,290 /mo

  • 3 Beds
  • 2 Baths
  • 1,564 ft²
1925 E Sesame Street, Tempe, AZ, 85283 Listing by Rosemary M Arriaga
Unit for rent at 2902 W Straford Drive, Chandler, AZ, 85224

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,856 ft²
2902 W Straford Drive, Chandler, AZ, 85224 Listing by Shanna Roeske
Unit for rent at 200 E Southern Avenue, Tempe, AZ, 85282

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 629 ft²
200 E Southern Avenue #268, Tempe, AZ, 85282 Listing by Julianne Martinez

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 5989487
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 5615 South Crows Nest Road built and last sold?
The property at 5615 South Crows Nest Road was built in 1971 and last sold on Dec 8, 2019 for $364,000.
How much is this home worth?
The estimated value of the home located at 5615 South Crows Nest Road is $395,588.
What are some comparable homes to 5615 South Crows Nest Road?
There are currently no comparable homes to 5615 South Crows Nest Road.
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