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5005 Novak Way

Laveen, AZ 85339

4 bd 2 ba 1,868 sqft Built 2005 Lot 7,754 sqft single_family
Most recent sale
$460,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Price changed for rent $2,045 Zumper
Oct 19, 2022 Listed for rent $2,095 Zumper
Oct 18, 2022 Listed for rent $2,095 Rently
Oct 11, 2022 Price changed for rent $2,095 Zumper
Oct 10, 2022 Price changed for rent $2,095 Rently
Oct 9, 2022 Price changed for rent $2,145 Zumper
Oct 7, 2022 Price changed for rent $2,145 Rently
Oct 4, 2022 Price changed for rent $2,185 Zumper
Oct 3, 2022 Price changed for rent $2,185 Rently
Sep 30, 2022 Price changed for rent $2,225 Zumper
Sep 29, 2022 Listed for rent $2,250 Zumper
Sep 23, 2022 Price changed for rent $2,250 Rently
Sep 20, 2022 Price changed for rent $2,295 Rently
Sep 16, 2022 Price changed for rent $2,335 Rently
Sep 13, 2022 Price changed for rent $2,375 Rently
Sep 2, 2022 Price changed for rent $2,385 Rently
Aug 31, 2022 Price changed for rent $2,395 Rently
Aug 22, 2022 Price changed for rent $2,445 Rently
Aug 17, 2022 Price changed for rent $2,485 Rently
Aug 9, 2022 Price changed for rent $2,495 Rently
Aug 5, 2022 Price changed for rent $2,535 Rently
Aug 2, 2022 Listed for rent $2,480 Rently
Jul 21, 2022 Sold $460,000 ArizonaRegionalMLS
Jul 20, 2022 Sold $460,000 Public Record
Jun 19, 2022 Listed $475,000 MLS #6420052
Sep 30, 2011 Sold $89,000 Public Record
Jun 8, 2011 Listed $84,900 MLS #4597648
Oct 30, 2006 Sold $283,000 Public Record
Sep 9, 2005 Sold $215,388 Public Record
Dec 30, 2004 Sold $221,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $17,410 $4,350 $21,760 $1,832
2021 $16,320 $4,080 $20,400 $1,847
2020 $14,790 $3,690 $18,480 $1,797
2019 $13,240 $3,310 $16,550 $1,802
2018 $12,700 $3,170 $15,870 $1,714
2017 $11,020 $2,750 $13,770 $1,621
2016 $10,290 $2,570 $12,860 $1,538
2015 $9,710 $2,420 $12,130 $1,386
2014 $7,000 $1,750 $8,750 $1,313
2013 $5,890 $1,470 $7,360 $1,204
2012 $6,400 $1,600 $8,000 $1,187
2011 $7,630 $1,900 $9,530 $1,186
2009 $15,030 $3,750 $18,780 $1,830
2008 $19,920 $4,980 $24,900 $1,853
2007 $15,600 $3,900 $19,500 $1,680

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,868 sqft
Lot size
7,754 sqft
ZIP code
85339
City
Laveen
Street
Novak Way
Coordinates
33.38854, -112.16593

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,895
Gross rental yield
7.55%
Implied cap rate
4.91%
Trend-extrapolated value

Frequently asked questions

When did 5005 Novak Way last sell?
5005 Novak Way most recently sold on Jul 20, 2022 for $460,000.
What is the current tax assessment for 5005 Novak Way?
The most recent total assessment for 5005 Novak Way (year 2022) is $21,760 with $1,832 in property tax.
How does 5005 Novak Way's assessment compare to its last sale price?
The current assessment is 95.3% below the last sale price of $460,000.
When was 5005 Novak Way built?
5005 Novak Way was built in 2005.
How does 5005 Novak Way compare to others on Novak Way?
We track 8 other properties on Novak Way. Browse the list under "Other properties on Novak Way" to compare beds, baths, and sale history.
What are the property facts for 5005 Novak Way?
5005 Novak Way is a 4 bed, 2 bath, 1,868 sqft, 7,754 sqft lot single_family.
Is 5005 Novak Way a flip candidate?
No — 5005 Novak Way does not appear in our flips dataset.
Is 5005 Novak Way a tax-appeal candidate?
No — 5005 Novak Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.8%
2026 Q3
$486.2K
2026 Q4
$472.1K
ZIP 85339 — Median Price History + Forecast

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