NOT LISTED FOR SALE

1018 E Louis Way Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $396,000 - $439,000

2 Beds
2 Baths
1,197 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $250,000 $209 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,537/month

23 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Community Pool
  • C I Waggoner School Rated A-
  • Private Yard
  • Covered Patio or Porch

About This Home

As of August 2018

WELCOME TO TERRAMERE! HOMES RARELY COME UP IN THIS BEAUTIFUL TEMPE NEIGHBORHOOD. EVEN BETTER THIS HOME IS FULLY DETACHED WITH NO COMMON WALLS! LOVELY 2 BEDROOM, 2 BATH WITH A TWO CAR GARAGE AND FENCED YARD. YOU WILL LOVE THE WOOD BURNING FIREPLACE, FRENCH DOORS AND SPACIOUS KITCHEN. DINING ROOM HAS WONDERFUL BUILT-INS WITH DESK AREA AND GREAT STORAGE AND DISPLAY SHELVES. WASHER, DRYER AND REFRIGERATOR ARE INCLUDED! ALL NEW CARPET AND DESIGNER PAINT MAKE THIS AN AWESOME TURN KEY HOME. WALKING DISTANCE TO SHOPPING AND DINING MAKE THIS A GREAT PLACE TO CALL HOME. HURRY THIS HOME WILL SELL QUICKLY!!!

Last Agent to Sell the Property

Penisha Bussing

Realty ONE Group License #SA650524000 Listed on: 06/27/2018

Co-Listed By

Ronald Bussing

Realty ONE Group License #SA650547000

Last Buyer's Agent

Penisha Bussing

Realty ONE Group License #SA650524000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1992

Lot Details

  • 2,858 Sq Ft Lot
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,197 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • C I Waggoner Elementary School
  • Kyrene Middle School
  • Corona Del Sol High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 301-51-767

Community Details

Overview

  • Association fees include ground maintenance
  • Terra Homeowners Asc Association, Phone Number (480) 820-3451
  • Terramere Phase 2 Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,509

Year Built

Built in 1992

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: S RURAL AND ELLIOT
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 165.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2017
  • Directions: FROM AZ-202 N EXIT 30B US-60 W, THEN TAKE EXIT 176A AZ 101 LOOP S, TAKE EXIT 57 ELLIOT RD, MERGE ONTO S PRICE RD, TURN RIGHT ONTO E ELLIOT, LEFT ONTO S RITA LN, HOUSE IS ON THE RIGHT
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: TERRAMERE PHASE 2
  • Architectural Style: Other
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 165.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry
  • Living Area: 1197.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: TERRA HOMEOWNERS ASC
  • Phone: 480-820-3451
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 110.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: TERRA HOMEOWNERS ASC
  • Association Fees:HOA Telephone4: 480-820-3451
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: C I Waggoner School
  • High School: Corona Del Sol High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2858.0
  • Parcel #: 301-51-767

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1509.0
  • Tax Book Number: 301.00
  • Tax Lot: 2
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 16, 2018
Sold by
Martinez Paul A
Bought by
Su Yi and Wang Qi
Seller's Agent
Penisha Bussing
Realty ONE Group
Buyer's Agent
Penisha Bussing
Realty ONE Group
List Price
$257,000
Sold Price
$250,000
Premium/Discount to List
-$7,000
-2.72%
Current Estimated Value
$420,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,243
Avg. Annual Appreciation
7.62%
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2004
Sold by
Winter Patrick M and Schmeichel Mardi J
Bought by
Martinez Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1999
Sold by
Nelson Sherry L and Graham Sherry L
Bought by
Winter Patrick M and Schmeichel Mardi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,814
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Su Yi $250,000 Security Title Agency Inc
Martinez Paul A $159,900 Transnation Title Ins Co
Winter Patrick M $118,999 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Yi $178,000
Closed Su Yi $180,000
Previous Owner Martinez Paul A $50,000
Previous Owner Martinez Paul A $55,000
Previous Owner Martinez Paul A $192,000
Previous Owner Martinez Paul A $159,900
Previous Owner Winter Patrick M $118,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $250,000 -2.7% $209 / Sq Ft
06/27/2018 06/27/18 For Sale $257,000 -- $215 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,833 $19,857 -- --
2024 $2,048 $18,911 -- --
2023 $2,048 $29,950 $5,990 $23,960
2022 $1,953 $22,480 $4,490 $17,990
2021 $1,996 $20,980 $4,190 $16,790
2020 $1,682 $19,420 $3,880 $15,540
2019 $1,629 $17,500 $3,500 $14,000
2018 $1,574 $16,320 $3,260 $13,060
2017 $1,509 $14,780 $2,950 $11,830
2016 $1,531 $13,930 $2,780 $11,150
2015 $1,414 $12,710 $2,540 $10,170
Source: Public Records

Agents Affiliated with this Home

  • Penisha Bussing

    Seller's Agent in 2018

    Penisha Bussing

    Realty One Group

    (480) 622-9131

    1 in this area

    121 Total Sales

    Penisha Bussing
    Section Image
  • Ronald Bussing

    Seller Co-Listing Agent in 2018

    Ronald Bussing

    Realty One Group

    (602) 300-4007

    1 in this area

    196 Total Sales

    Ronald Bussing
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5795873

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-51-767

Arizona Maricopa County Tempe 85284 South Tempe

1018 E Louis Way, Tempe, AZ

This home is located at 1018 E Louis Way, Tempe, AZ 85284 since 27 June 2018 and is currently estimated at $420,243, approximately $351 per square foot. This property was built in 1992. 1018 E Louis Way is a home located in Maricopa County with nearby schools including C I Waggoner School, Kyrene Middle School, and Corona Del Sol High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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