Eco Friendly
Address
5034 S 11th Place, Phoenix, AZ
Price
$ 394,000
Property Attributes
  • MLS#7054203
  • TypeSingle Family
  • Listing Status Active
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodROMLEY ESTATES
  • Zip85040
  • StyleResidential
  • Year Built2019
  • Taxes$ 2300
  • Price$ 394,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1373
  • Lot Size0.1 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

SELLER OFFERING UP TO $15,000 IN BUYER INCENTIVES AND PAYOFF SOLAR PANEL! Use it toward closing costs, buying down your interest rate for a lower monthly payment, the choice is yours. Beautifully maintained and priced below its recent pre-listing appraisal, this move-in ready 4-bedroom, 2-bath home in the gated Romley Estates community offers exceptional value in today's market. Built in 2019, the thoughtfully designed 1,373 sq. ft. open floor plan features a bright eat-in kitchen with white shaker cabinetry, granite countertops, stainless steel appliances, a breakfast bar, and an inviting great room that's perfect for everyday living and entertaining. The spacious primary suite includes dual sinks, a private toilet room, and a walk-in closet. Additional features include wood-look flooring throughout, high ceilings, a covered front porch, covered back patio, low-maintenance synthetic turf, and a two-car garage. One of this home's additional advantages is its 3.6kW rooftop solar system, financed at an exceptionally low 2.99% interest rate with an approximate payment of just $84.80 per month. Recent SRP summer electric bills were approximately $114-$181 during peak cooling months, helping keep energy costs manageable. Buyers may assume the existing low-interest solar financing or apply the seller's concession toward paying off the remaining solar balance. Whether you're looking to reduce your upfront cash needed to close, secure a lower monthly mortgage payment through an interest-rate buy-down, or eliminate the solar loan altogether, this flexible $15,000 seller contribution gives you options that are increasingly valuable in today's market. Located in a gated community with a low HOA and priced below its recent pre-listing appraisal, this home combines modern finishes, financial flexibility, and outstanding value.

Elementary School Middle School High School
Irene Lopez School Elementary School Irene Lopez School Middle School South Mountain High School
Price History
7/15/2026 Listed $394,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities SRP
Possession Close Of Escrow,By Agreement
Roof Composition
HOA Fee 104.0
Garage Spaces 2.0
Association Fee Includes No Fees
Construction Materials Vinyl Siding,Wood Frame,Painted
Year Built 2019
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Monthly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Energy Efficient Solar Panels
Subdivision Name ROMLEY ESTATES
Special Listing Conditions N/A
Status Active
High School South Mountain High School
City Phoenix
Disclosures Seller Discl Avail
Association Name Romeny Estates
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 4500.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Irene Lopez School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2300.26
Home Warranty Y/N No
Current Financing FHA
Middle/Junior High School Irene Lopez School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name Copper Sky Homes
Standard Status Active
Occupancy Type Owner
Elementary School District Roosevelt Elementary District
Tax Lot 31
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 104.0
New Financing Cash True
New Financing: VA True
Eligible for Down Payment Resources Yes

Interior Features

Interior Amenities Granite Counters,Double Vanity,Eat-in Kitchen,3/4 Bath Master Bdrm
Flooring Linoleum,Tile
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Wshr/Dry HookUp Only
Total Bedrooms 4
LivingAreaSource Appraiser
Total Baths 2
Bedrooms Possible 4
Built-in Microwave True

Exterior Features

Fencing Block
Lot Features Gravel/Stone Front,Gravel/Stone Back,Grass Front,Synthetic Grass Back
Water Source Public
Lot Size Area 4500.0
Spa No
Building Area Total 1373.0
Lot Size Acres 0.1
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 85040

Price
AVG $370K
$390K
Taxes
AVG $1,317
$2,300
Year Built
AVG 1983
2019
Visits
AVG 170
190
Data Provided by Inside Real Estate®

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