NOT LISTED FOR SALE

1041 E Fairmont Dr Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $530,316 - $592,000

5 Beds
2 Baths
2,223 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $463,000 $208 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,127/month

183 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Natural Gas
  • Security System Owned
  • Grass Covered Lot
  • 1-Story Property

About This Home

As of December 2022

This Tempe home has one story.

Last Agent to Sell the Property

Eric Tamayo

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #SA692411000 Listed on: 06/04/2022

Co-Listed By

Kim Scholz

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #SA110418000

Last Buyer's Agent

Craig Binder

Jason Mitchell Real Estate License #SA689699000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1965

Lot Details

  • 8,520 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,223 Sq Ft Home
  • 1-Story Property
  • Security System Owned
  • Built-In Microwave
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Joseph P. Spracale Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Tempe Royal Palms 2 Subdivision

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 133-32-157

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,490

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: opbr001
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: TEMPE ROYAL PALMS 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 208.28
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 2223.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Joseph P. Spracale Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8520.0
  • Parcel #: 133-32-157
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2490.0
  • Tax Book Number: 133.00
  • Tax Lot: 154
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Venigalla Anvesh
Bought by
Ar Leasings Llc
Current Estimated Value
$558,329

Purchase Details

Listed on
Jun 4, 2022
Closed on
Dec 29, 2022
Sold by
Opendoor Property Trust
Bought by
Venigalla Anvesh
Seller's Agent
Eric Tamayo
Opendoor Brokerage, LLC
Buyer's Agent
Craig Binder
Jason Mitchell Real Estate
List Price
$537,000
Sold Price
$463,000
Premium/Discount to List
-$74,000
-13.78%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$439,850
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2022
Sold by
Summacraft Trust and Haycraft Ernest Deo
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Jul 19, 2018
Sold by
Allen Lyddon Mary Louise and The Marijorie L Fetterhoff Tru
Bought by
Haycraft Ernest Deo and Summa Joanne Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1997
Sold by
Fetterhoff Marjorie L
Bought by
Fetterhoff Marjorie L and The Marjorie L Fetterhoff Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ar Leasings Llc -- None Listed On Document
Venigalla Anvesh $463,000 Os National
Opendoor Property Trust $606,700 Os National
Haycraft Ernest Deo $260,000 Old Republic Title Agency
Fetterhoff Marjorie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venigalla Anvesh $439,850
Previous Owner Haycraft Ernest Deo $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $463,000 -7.4% $208 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $500,000 -4.0% $225 / Sq Ft
11/02/2022 11/02/22 Price Changed $521,000 -1.7% $234 / Sq Ft
10/12/2022 10/12/22 Price Changed $530,000 -1.3% $238 / Sq Ft
10/04/2022 10/04/22 For Sale $537,000 0.0% $242 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $537,000 -3.4% $242 / Sq Ft
08/10/2022 08/10/22 For Sale $556,000 0.0% $250 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $556,000 -2.3% $250 / Sq Ft
06/30/2022 06/30/22 Price Changed $569,000 -3.4% $256 / Sq Ft
06/16/2022 06/16/22 Price Changed $589,000 -1.8% $265 / Sq Ft
06/04/2022 06/04/22 For Sale $600,000 -- $270 / 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 $2,428 $23,291 -- --
2024 $2,228 $22,182 -- --
2023 $2,228 $41,330 $8,260 $33,070
2022 $2,473 $30,870 $6,170 $24,700
2021 $2,490 $29,610 $5,920 $23,690
2020 $2,414 $27,160 $5,430 $21,730
2019 $2,368 $25,200 $5,040 $20,160
2018 $2,002 $22,580 $4,510 $18,070
2017 $1,940 $20,960 $4,190 $16,770
2016 $1,930 $21,230 $4,240 $16,990
2015 $1,867 $18,450 $3,690 $14,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6411546

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-32-157