NOT LISTED FOR SALE

Estimated Value: $555,670 - $691,000

Studio
2 Baths
2,197 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 1027 E Hermosa Dr, Tempe, AZ 85282 and is currently estimated at $631,668, approximately $287 per square foot. 1027 E Hermosa Dr is a home located in Maricopa County with nearby schools including Joseph P. Spracale Elementary, Connolly Middle School, and McClintock High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2025
Sold by
Walters James
Bought by
James M Walters Living Trust
Current Estimated Value
$631,668

Purchase Details

Closed on
Apr 1, 2023
Sold by
Walters Jim
Bought by
Walters James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2006
Sold by
Wells Family Enterprises Lp
Bought by
Walters Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 28, 2006
Sold by
Walters Joline
Bought by
Walters Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2000
Sold by
Faulkner Kay H
Bought by
Wells Family Enterprises Ltd Partnership

Purchase Details

Closed on
Jun 16, 2000
Sold by
Faulkner Eric R and Faulkner Jeffrey Edward
Bought by
Faulkner Kay H

Purchase Details

Closed on
Jun 30, 1994
Sold by
Faulkner Kay H
Bought by
Faulkner Jeffrey Edward and Faulkner Eric Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
James M Walters Living Trust -- None Listed On Document
Walters James -- Avenue 365 Lender Services
Walters Jim $365,000 Ameircan Heritage Title Agen
Walters Jim -- American Heritage Title Agen
Wells Family Enterprises Ltd Partnership $189,000 Arizona Title Agency
Faulkner Kay H -- --
Faulkner Jeffrey Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walters James $377,000
Previous Owner Walters Jim $73,000
Previous Owner Walters Jim $292,000
Previous Owner Walters Jim $292,000
Source: Public Records

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 $2,895 $27,769 -- --
2024 $2,656 $26,447 -- --
2023 $2,656 $48,770 $9,750 $39,020
2022 $2,537 $34,560 $6,910 $27,650
2021 $2,587 $31,830 $6,360 $25,470
2020 $2,501 $30,160 $6,030 $24,130
2019 $2,453 $28,810 $5,760 $23,050
2018 $2,387 $26,480 $5,290 $21,190
2017 $2,313 $24,700 $4,940 $19,760
2016 $2,301 $24,980 $4,990 $19,990
2015 $2,226 $23,500 $4,700 $18,800
Source: Public Records

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