NOT LISTED FOR SALE

1040 W Malibu Dr Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $299,000 - $322,000

3 Beds
2 Baths
1,092 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $118,000 $108 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,895/month

110 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Eat-In Kitchen
  • 1 Fireplace
  • Covered Patio or Porch
  • Solar Screens

About This Home

As of May 2014

Great Tempe Townhouse, close to ASU. 3 Bedroom, 2 bathroom, with 2 assigned parking spaces. Community pool and Park. Warm Brick Fireplace. This Condo is in fantastic shape and is Move in ready. Close to ASU, light rail, freeways and Downtown Tempe. A real value and MUST SEE.

Last Agent to Sell the Property

Tim Furst

Furst Professional Realty, LLC License #BR532211000 Listed on: 01/09/2014

Last Buyer's Agent

Vicki Botkin

eXp Realty License #SA569295000

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $728

Year Built

  • Built in 1981

Lot Details

  • 116 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 123-43-133-A

Community Details

Overview

  • Association fees include ground maintenance, maintenance exterior
  • Southern Village Est Association, Phone Number (480) 682-3209
  • Southern Village Estates Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$728

Year Built

Built in 1981

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Cross Street: Southern and Hardy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 175.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2013
  • Directions: From Southern, South on Hardy, 1st Right on Malibu. Unit is on the back side. Lock Box on the Door.
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: Southern Village Estates
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 175.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1092.0
  • Stories: 1
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): 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, Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: Southern Village Est
  • Phone: 480-682-3209
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Southern Village Est
  • Association Fees:HOA Telephone4: 480-682-3209
  • 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_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 116.0
  • Parcel #: 123-43-133-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 728.1
  • Tax Book Number: 123.00
  • Tax Lot: 103
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 22, 2014
Sold by
Erickson Debra Kreusch and Mensch Debra J
Bought by
Sheppard Samantha
Seller's Agent
Tim Furst
Furst Professional Realty, LLC
Buyer's Agent
Vicki Botkin
eXp Realty
List Price
$124,111
Sold Price
$118,000
Premium/Discount to List
-$6,111
-4.92%
Current Estimated Value
$307,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,647
Avg. Annual Appreciation
9.04%
Original Mortgage
$106,200
Outstanding Balance
$82,155
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$232,580
Source: Public Records

Range of Values:

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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
Sheppard Samantha $118,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Samantha $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2014 05/27/14 Sold $118,000 +2.5% $108 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
02/27/2014 02/27/14 Price Changed $115,111 -7.3% $105 / Sq Ft
01/09/2014 01/09/14 For Sale $124,111 -- $114 / 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 $1,138 $10,159 -- --
2024 $1,124 $9,676 -- --
2023 $1,124 $21,430 $4,280 $17,150
2022 $1,078 $16,660 $3,330 $13,330
2021 $1,086 $14,830 $2,960 $11,870
2020 $1,053 $13,680 $2,730 $10,950
2019 $1,033 $12,170 $2,430 $9,740
2018 $1,007 $10,420 $2,080 $8,340
2017 $977 $9,320 $1,860 $7,460
2016 $971 $8,630 $1,720 $6,910
2015 $932 $7,920 $1,580 $6,340
Source: Public Records

Agents Affiliated with this Home

  • Tim Furst

    Seller's Agent in 2014

    Tim Furst

    Furst Professional Realty, LLC

    (602) 432-4176

    25 Total Sales

    Tim Furst
    Section Image

  • V

    Buyer's Agent in 2014

    Vicki Botkin

    eXp Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5051276

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-43-133A

Arizona Maricopa County Tempe 85282 West Tempe

1040 W Malibu Dr, Tempe, AZ

This home is located at 1040 W Malibu Dr, Tempe, AZ 85282 since 09 January 2014 and is currently estimated at $307,647, approximately $281 per square foot. This property was built in 1981. 1040 W Malibu Dr 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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