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5840 Highland Ave

Phoenix, AZ 85031

5 bd 2 ba 1,758 sqft Built 1957 Lot 7,797 sqft single_family
Most recent sale
$364,900
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $364,900 MLS #6348236
Jul 8, 2022 Price changed $364,900 MLS #6348236
Jun 15, 2022 Price changed $379,900 MLS #6348236
May 29, 2022 Price changed $389,900 MLS #6348236
Jan 29, 2022 Listed $394,900 MLS #6348236
Jan 19, 2022 Sold $362,750 Public Record
Apr 26, 2004 Sold $120,000 Public Record
Jul 19, 2001 Sold $63,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,210 $1,006
2024 $27,210 $979
2023 $29,700 $1,004
2022 $14,700 $3,670 $18,370 $1,036
2021 $13,080 $3,270 $16,350 $1,049
2020 $12,080 $3,020 $15,100 $994
2019 $10,490 $2,620 $13,110 $951
2018 $9,300 $2,320 $11,620 $989
2017 $7,640 $1,910 $9,550 $956
2016 $6,560 $1,640 $8,200 $915
2015 $5,750 $1,430 $7,180 $853
2014 $3,780 $940 $4,720 $867
2013 $2,680 $670 $3,350 $696
2012 $2,680 $670 $3,350 $749
2011 $2,970 $740 $3,710 $712
2009 $11,950 $2,980 $14,930 $1,653
2008 $13,080 $3,270 $16,350 $1,626
2007 $10,280 $2,570 $12,850 $1,419

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
5
Baths
2
Living area
1,758 sqft
Lot size
7,797 sqft
ZIP code
85031
City
Phoenix
Street
Highland Ave
Coordinates
33.50612, -112.18576

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,725
Gross rental yield
8.96%
Implied cap rate
5.82%
Trend-extrapolated value

Frequently asked questions

When did 5840 Highland Ave last sell?
5840 Highland Ave most recently sold on Aug 11, 2022 for $364,900.
What is the current tax assessment for 5840 Highland Ave?
The most recent total assessment for 5840 Highland Ave (year 2025) is $27,210 with $1,006 in property tax.
How does 5840 Highland Ave's assessment compare to its last sale price?
The current assessment is 92.5% below the last sale price of $364,900.
When was 5840 Highland Ave built?
5840 Highland Ave was built in 1957.
How does 5840 Highland Ave compare to others on Highland Ave?
We track 8 other properties on Highland Ave. Browse the list under "Other properties on Highland Ave" to compare beds, baths, and sale history.
What are the property facts for 5840 Highland Ave?
5840 Highland Ave is a 5 bed, 2 bath, 1,758 sqft, 7,797 sqft lot single_family.
Is 5840 Highland Ave a flip candidate?
No — 5840 Highland Ave does not appear in our flips dataset.
Is 5840 Highland Ave a tax-appeal candidate?
No — 5840 Highland Ave 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
-0.8%
Implied 1-yr
-3.3%
2026 Q3
$315.3K
2026 Q4
$312.6K
ZIP 85031 — Median Price History + Forecast

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