NOT LISTED FOR SALE

1018 W Malibu Dr Unit 101 Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $298,000 - $325,000

3 Beds
2 Baths
1,088 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $165,000 $152 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,960/month

80 Days on Market

Highlights

  • 0.27 Acre Lot
  • Community Pool
  • Community Playground
  • Vaulted Ceiling
  • Patio
  • Tile Flooring

About This Home

As of June 2018

Great Tempe location near Arizona State University! This is a nice block construction home has three bedrooms, two baths in a central location. Newly installed front window; dual pane, low E energy efficient that will let in the Arizona sunshine while preventing your home from heating up. Easy access to shopping, freeways, entertainment and ASU. Not only a great investment opportunity but the area is also a nice place to live. HOA fee includes water/sewer/garbage so you only have a power and cable bill. Two car carport in the back of the house.

Last Agent to Sell the Property

Jane Xu

1st Southwest Realty, LLC License #SA575292000 Listed on: 03/16/2018

Last Buyer's Agent

Colton Harris

eXp Realty License #SA670174000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1980

Lot Details

  • 0.27 Acre Lot
  • Block Wall Fence
  • Land Lease

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Patio Home
  • Property Attached
  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Carminati Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 101 / 28
  • Assessor Parcel Number 123-43-123-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, front yard maint, trash, water, roof replacement, maintenance exterior
  • Southern Village Association, Phone Number (480) 948-5860
  • Built by Suggs Builders
  • Southern Village Estates Unit 2 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1980

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Cross Street: Southern and Hardy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Annually
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 210.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2017
  • Directions: Head south on Hardy Dr, Turn right at the 1st cross street onto Malibu Dr. Property is located on the right.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: SOUTHERN VILLAGE ESTATES UNIT 2
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 210.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1088.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block, Slump Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Southern Village
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Southern Village
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Carminati School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease: Yes
  • Lot Size Sq Ft: 11705.0
  • Parcel #: 123-43-123-A

Building Info

  • Builder Name: Suggs Builders

Tax Info

  • Tax Annual Amount: 968.0
  • Tax Block: 28
  • Tax Book Number: 123.00
  • Tax Lot: 101
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 4, 2018
Sold by
Chi Haonan
Bought by
Wang Yong and Hou Jia
Seller's Agent
Jane Xu
1st Southwest Realty, LLC
Buyer's Agent
Colton Harris
eXp Realty
List Price
$167,000
Sold Price
$165,000
Premium/Discount to List
-$2,000
-1.2%
Current Estimated Value
$313,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,429
Avg. Annual Appreciation
9.28%
Original Mortgage
$15,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jun 29, 2015
Sold by
Courtney Mark E and Courtney Cheri L
Bought by
Chi Haonan
Seller's Agent
Lance Tolstedt
HomeSmart
Buyer's Agent
Jane Xu
1st Southwest Realty, LLC
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Oct 7, 2005
Sold by
Aguilera Frank J and Aguilera Susan E
Bought by
Torres Mario S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Wierman Theodore W and Wierman Catherine
Bought by
Aguilera Frank J and Aguilera Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1994
Sold by
Pinon Enterprises Ltd Partnership
Bought by
Wierman Theodore W and Wierman Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
8.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Wang Yong $165,000 First American Title Insuran
Chi Haonan $124,900 First American Title Ins Co
Torres Mario S $180,000 First American Title Ins Co
Aguilera Frank J $99,000 Security Title Agency
Wierman Theodore W $52,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yong $132,000
Previous Owner Torres Mario S $153,000
Previous Owner Aguilera Frank J $89,100
Previous Owner Wierman Theodore W $41,600
Closed Torres Mario S $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $165,000 0.0% $152 / Sq Ft
05/24/2018 05/24/18 Price Changed $165,000 -1.2% $152 / Sq Ft
03/16/2018 03/16/18 For Sale $167,000 +33.7% $153 / Sq Ft
07/16/2015 07/16/15 Sold $124,900 0.0% $115 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $124,900 -- $115 / 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 $1,125 $10,065 -- --
2024 $1,114 $9,586 -- --
2023 $1,114 $21,360 $4,270 $17,090
2022 $1,069 $16,600 $3,320 $13,280
2021 $1,076 $14,750 $2,950 $11,800
2020 $1,043 $13,560 $2,710 $10,850
2019 $889 $12,030 $2,400 $9,630
2018 $865 $10,310 $2,060 $8,250
2017 $968 $9,220 $1,840 $7,380
2016 $961 $8,520 $1,700 $6,820
2015 $807 $7,850 $1,570 $6,280
Source: Public Records

Agents Affiliated with this Home

  • Jane Xu

    Seller's Agent in 2018

    Jane Xu

    1st Southwest Realty, LLC

    (480) 246-1965

    4 Total Sales

    Jane Xu
    Section Image

  • C

    Buyer's Agent in 2018

    Colton Harris

    eXp Realty

    Section Image

  • L

    Seller's Agent in 2015

    Lance Tolstedt

    HomeSmart

    (602) 999-9798

    5 Total Sales

    Lance Tolstedt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5745294

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-43-123A

Arizona Maricopa County Tempe 85282 West Tempe

1018 W Malibu Dr Unit 101, Tempe, AZ

This home is located at 1018 W Malibu Dr Unit 101, Tempe, AZ 85282 since 16 March 2018 and is currently estimated at $313,429, approximately $288 per square foot. This property was built in 1980. 1018 W Malibu Dr Unit 101 is a home located in Maricopa County with nearby schools including Carminati Elementary School, Geneva Epps Mosley Middle School, and Tempe 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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