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8121 South 5th Lane

8121 South 5th Lane, Phoenix, AZ 85041
Sold Aug 01, 2008
$172,000
$138,700 by Rate Rabbit Home Loans
Mortgage Due Feb 01, 2051
Sold Dec 31, 2007
$282,744
8121 South 5th Lane in Phoenix, AZ was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8121 South 5th Lane has 2,145 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 4,400 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8121 South 5th Lane sold most recently in Jul 31, 2008 for a total of $172,000. If you work out the math, that's approximately a cost of $80.19 per sqft. Before that, the property was also sold for $282,744 in Dec 27, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,974 in taxes each year. 8121 South 5th Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,550. If we break it down further, the land itself was valued at $5,910. Improvements to the property, however, were assessed at a total of $23,640. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 2,145
  • Gross Building Area: 2,145
  • Building Area: 2,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTH MOUNTAIN MANOR
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH MOUNTAIN MANOR MCR 722-34

Ownership

  • Current Owner : WARFEL KAREN
  • Previous Owner : HSBC BANK USA NA
  • Owner Before Previous Owner: ONEIL JUDY LINDA
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116736

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 72234
  • Parcel: 300-40-313
  • Lot: 14
  • Meridian: SEC 5 TWN 1S RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3725
  • Longitude: -112.081

    Address

  • Full Address: 8121 S 5th Ln
  • Address - House Number: 8121
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C009
  • 4-Digit Zip Code: 8116
  • Zip Code: 85041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,974
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1518
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 430,826
  • High Value: 496,262
  • Low Value: 365,391

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,700
  • First Open Lien Mortgage Lender: RATE RABBIT HOME LOANS
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $138,700
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $295,500
  • Market Land Value: $59,100
  • Market Improvement Value: $236,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,550
  • Assessed Land Value: $5,910
  • Assessed Improvements Value: $23,640

    Sales

  • Current Sale Contract Date: Jul 31, 2008
  • Current Sale Recording Date: Aug 01, 2008
  • Current Sale Transaction ID: 1004930623
  • Current Sale Price: $172,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2008-0675777
  • Previous Sale Recording Date: Dec 31, 2007
  • Previous Sale Contract Date: Dec 27, 2007
  • Previous Sale Amount: $282,744
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 01, 2008
  • First Mortgage Loan Amount: $163,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2038

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 8121 South 5th Lane located in?
The 8121 South 5th Lane is a located in the neighborhood of South Mountain Manor in South Mountain, Phoenix.
What is the average sales price for listings in 8121 South 5th Lane?
The average sales price for units in 8121 South 5th Lane is $0 currently.

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