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5502 East Colby Street

5502 East Colby Street, Mesa, AZ 85205
Sold May 10, 2016
$125,000
$118,750 by Sun American Mortgage Co
Mortgage Due Jun 01, 2046
Sold Nov 18, 2004
$95,900
5502 East Colby Street has been categorized by the local assessors in Mesa, AZ as a residential type of property. The building on the property was first built in 1962 and is 62 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5502 East Colby Street has 884 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 7,701 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 carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a portico porch (a porch you can drive under) and 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 concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of block. 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. 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, 5502 East Colby Street sold most recently in Mar 17, 2016 for a total of $125,000. If you work out the math, that's approximately a cost of $141.40 per sqft. Before that, the property was also sold for $95,900 in Nov 9, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $715 in taxes each year. 5502 East Colby Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,430. If we break it down further, the land itself was valued at $3,880. Improvements to the property, however, were assessed at a total of $15,550. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: Carport
  • Parking Space Count: 1
  • Porch Type: Portico (drive under)

    Dimensions

  • Lot Size Square Feet: 7,701
  • Total Building Area: 884
  • Gross Building Area: 884
  • Building Area: 884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DREAMLAND VILLA 5
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DREAMLAND VILLA 5 MCR 95/34

Ownership

  • Current Owner : BARBER WILLIE
  • Current Owner 2: BARBER DENISE
  • Previous Owner : SANDERSON CHERI DAE
  • Previous Owner 2: PRETTYMAN DANIELLE LEE
  • Owner Before Previous Owner: CHAMLESS WESLEY T
  • Owner Before Previous Owner 2: CHAMLESS CATHERINE LOUISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 420209

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 9534
  • Parcel: 141-46-147
  • Lot: 474
  • Meridian: SEC 14 TWN 1N RNG 6E
  • Latitude: 33.426
  • Longitude: -111.713

    Address

  • Full Address: 5502 E Colby St
  • Address - House Number: 5502
  • Street Direction: E
  • Address - Street Name: Colby
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Mesa
  • Carrier Code: C003
  • 4-Digit Zip Code: 7342
  • Zip Code: 85205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $715
  • Tax Rate Code Area: 040012

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 268,716
  • High Value: 310,843
  • Low Value: 226,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,750
  • First Open Lien Mortgage Lender: SUN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 10, 2016
  • First Open Lien Mortgage Loan Amount: $118,750
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $194,300
  • Market Land Value: $38,800
  • Market Improvement Value: $155,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,430
  • Assessed Land Value: $3,880
  • Assessed Improvements Value: $15,550

    Sales

  • Current Sale Contract Date: Mar 17, 2016
  • Current Sale Recording Date: May 10, 2016
  • Current Sale Transaction ID: 1535582256
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-0318941
  • Previous Sale Recording Date: Nov 18, 2004
  • Previous Sale Contract Date: Nov 09, 2004
  • Previous Sale Amount: $95,900
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: May 10, 2016
  • First Mortgage Loan Amount: $118,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

About Dreamland Villa West



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Frequently Asked Questions

What neighborhood is 5502 East Colby Street located in?
The 5502 East Colby Street is a located in the neighborhood of Dreamland Villa West in Dreamland Villa West, Mesa.
What is the average sales price for listings in 5502 East Colby Street?
The average sales price for units in 5502 East Colby Street is $0 currently.

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