NOT LISTED FOR SALE

1023 W Malibu Dr Unit 101 Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $254,000 - $290,000

2 Beds
2 Baths
884 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $275,000 $311 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,796/month

27 Days on Market

Highlights

  • Spanish Architecture
  • Community Pool
  • Patio
  • End Unit
  • Eat-In Kitchen
  • Community Playground

About This Home

As of March 2023

Great location for this 2 bed 2 bath townhome. This is an end unit with view of the playground, pool and greenbelt. Vaulted ceiling, new interior paint and completely tiled flooring. Bedrooms are split and include washer, dryer and refrigerator. Enjoy the small private yard and patio area also includes a separate private storage area just a short distance from your 2 assigned covered parking. The water heater was receinly replaced. The HOA includes water, sewer, trash, roof and common areas maintenance. You will love being close to shopping, restaurants, great schools including ASU as well as easy access to freeways and public transportation.

Last Agent to Sell the Property

Tammy Knight

On Q Property Management License #SA529233000 Listed on: 01/20/2023

Last Buyer's Agent

Tammy Knight

On Q Property Management License #SA529233000 Listed on: 01/20/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $899

Year Built

  • Built in 1981

Lot Details

  • 85 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 101 / 50
  • Assessor Parcel Number 123-43-211-A

Community Details

Overview

  • Association fees include sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Amcor Property Manag Association, Phone Number (480) 948-5860
  • Southern Village Estates Subdivision

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$899

Year Built

Built in 1981

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Cross Street: Mill & Southern
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 242.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2022
  • Directions: West to Hardy, South to Malibu, West into parking space #1023.
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: SOUTHERN VILLAGE ESTATES
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 242.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 884.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Separate Strge Area, Assigned
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: 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, Playground
  • Association Fee: 242.0
  • Association Fee Frequency: Monthly
  • Association Name: Southern Village HOA
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Southern Village HOA
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 242.0
  • Association Fees:Disclosure Fees HOA: 225.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AMCOR Property Manag
  • Association Fees:HOA Management Phone: 480-948-5860
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, 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: No
  • Lot Size Sq Ft: 85.0
  • Parcel #: 123-43-211-A

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 899.0
  • Tax Block: 50
  • 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
Jan 20, 2023
Closed on
Mar 22, 2023
Sold by
Cheng Su Family Trust
Bought by
Flower-Useldinger Patricia and Useldinger Joseph E
Seller's Agent
Tammy Knight
On Q Property Management
Buyer's Agent
Tammy Knight
On Q Property Management
List Price
$283,000
Sold Price
$275,000
Premium/Discount to List
-$8,000
-2.83%
Views
113
Current Estimated Value
$279,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,162
Avg. Annual Appreciation
1.27%
Original Mortgage
$175,000
Outstanding Balance
$170,665
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$113,171

Purchase Details

Closed on
Feb 9, 2018
Sold by
Cheng Guangguo and Su Xiao
Bought by
Cheng Guangguo and Su Xiao

Purchase Details

Closed on
Jul 22, 2009
Sold by
Cheng Guang Guo
Bought by
Su Xiao

Purchase Details

Closed on
Jan 14, 2003
Sold by
Mcbride Carol J
Bought by
Su Xiao and Cheng Guang Guo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,430
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2000
Sold by
Roberts Brian and Roberts Michelle
Bought by
Mcbride Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1998
Sold by
Tuma Robert L and Tuma Joan R
Bought by
Roberts Brian and Roberts Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,200
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1995
Sold by
Garber Laura Jeanne
Bought by
Tuma Robert L and Tuma Joan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1994
Sold by
Beamon James E
Bought by
Garber Laura Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,550
Interest Rate
7.15%
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
Flower-Useldinger Patricia $275,000 Magnus Title
Cheng Guangguo -- None Available
Su Xiao -- Accommodation
Su Xiao $92,700 American Title Ins Agency Az
Mcbride Carol J $82,000 Security Title Agency
Roberts Brian $69,900 Lawyers Title Of Arizona Inc
Tuma Robert L $54,900 Security Title Agency
Garber Laura Jeanne $47,200 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flower-Useldinger Patricia $175,000
Previous Owner Su Xiao $83,430
Previous Owner Mcbride Carol J $67,000
Previous Owner Roberts Brian $68,200
Previous Owner Tuma Robert L $38,400
Previous Owner Garber Laura Jeanne $46,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $275,000 -2.8% $311 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $283,000 -- $320 / 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 $948 $8,466 -- --
2024 $937 $8,063 -- --
2023 $937 $19,220 $3,840 $15,380
2022 $899 $14,810 $2,960 $11,850
2021 $905 $13,170 $2,630 $10,540
2020 $878 $12,000 $2,400 $9,600
2019 $861 $10,510 $2,100 $8,410
2018 $839 $9,000 $1,800 $7,200
2017 $814 $7,960 $1,590 $6,370
2016 $809 $7,280 $1,450 $5,830
2015 $777 $6,650 $1,330 $5,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6509998

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-43-211A