NOT LISTED FOR SALE

1055 E Magdalena Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $536,532 - $628,000

4 Beds
2 Baths
1,792 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $325,000 $181 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,229/month

27 Days on Market

Highlights

  • RV Gated
  • Private Yard
  • Covered Patio or Porch
  • 0.19 Acre Lot
  • No HOA
  • Eat-In Kitchen

About This Home

As of June 2018

Great South Tempe location! You will love this updated 4 bedroom/2 bath home with a large grass yard on one of the most sought after streets in the Tempe Royal Palms neighborhood. No HOA! Walking distance to all 3 schools & newly renovated Scudder Park! Brand new water resistant laminate flooring throughout the entire house, new baseboards, crown molding, matching 2'' blinds on all windows, brick fireplace, fresh interior/exterior paint, newer white kitchen cabinets, matching SS appliances, & all matching brushed nickel hardware! Custom wrought iron gated courtyard. Ample parking space! Spacious back yard with covered patio, colorful plants & citrus trees, plus extra concrete slab for RV or boat. Light & bright! Schedule a showing today!

Last Agent to Sell the Property

Allison Wilson

Keller Williams Realty East Valley License #SA676802000 Listed on: 04/20/2018

Keller Williams Realty East Valley

Co-Listed By

Matthew Kochis

Keller Williams Realty East Valley License #SA573321000

Last Buyer's Agent

Joseph Anderson

Realty ONE Group License #SA664034000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1972

Lot Details

  • 8,324 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 2 Carport Spaces
  • RV Gated

Schools

  • Rover Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 445
  • Assessor Parcel Number 301-91-082

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Suggs
  • Tempe Royal Palms 12 Subdivision, Capistrano Floorplan

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,299

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Rural and Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2009
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2017
  • Master Model: Capistrano
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: TEMPE ROYAL PALMS 12
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 181.36
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1792.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Built In Recycling: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Brick
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8324.0
  • Parcel #: 301-91-082
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Suggs

Tax Info

  • Tax Annual Amount: 2299.0
  • Tax Book Number: 301.00
  • Tax Lot: 445
  • Tax Map Number: 91.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 14, 2018
Sold by
Wilson Matthew S and Wilson Allison M
Bought by
Leech David and Leech Susan
Seller's Agent
Allison Wilson
Keller Williams Realty East Valley
Buyer's Agent
Joseph Anderson
Realty ONE Group
List Price
$344,990
Sold Price
$325,000
Premium/Discount to List
-$19,990
-5.79%
Current Estimated Value
$586,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,133
Avg. Annual Appreciation
8.06%
Original Mortgage
$335,725
Outstanding Balance
$290,346
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$295,787

Purchase Details

Closed on
Jul 10, 2007
Sold by
Riley Terril R and Riley Barbara L
Bought by
Wilson Matthew S and Wilson Allison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
6.65%
Mortgage Type
FHA
Source: Public Records
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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
Leech David $325,000 Magnus Title Agency Llc
Wilson Matthew S $295,000 Russ Lyon Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leech David $335,725
Previous Owner Wilson Matthew S $263,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2018 06/19/18 Sold $325,000 -3.0% $181 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $334,990 -2.9% $187 / Sq Ft
04/19/2018 04/19/18 For Sale $344,990 0.0% $193 / Sq Ft
08/15/2015 08/15/15 Rented $1,700 0.0% --
08/07/2015 08/07/15 Off Market $1,700 -- --
05/02/2015 05/02/15 For Rent $1,800 +5.9% --
05/01/2013 05/01/13 Rented $1,700 0.0% --
04/21/2013 04/21/13 Under Contract -- -- --
04/15/2013 04/15/13 For Rent $1,700 +9.7% --
03/30/2012 03/30/12 Rented $1,550 -6.1% --
03/19/2012 03/19/12 Under Contract -- -- --
02/09/2012 02/09/12 For Rent $1,650 -- --
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 $2,222 $23,893 -- --
2024 $2,286 $22,756 -- --
2023 $2,286 $37,130 $7,420 $29,710
2022 $2,183 $29,130 $5,820 $23,310
2021 $2,226 $27,250 $5,450 $21,800
2020 $2,152 $24,320 $4,860 $19,460
2019 $2,111 $22,130 $4,420 $17,710
2018 $2,054 $20,470 $4,090 $16,380
2017 $2,299 $19,710 $3,940 $15,770
2016 $2,282 $19,630 $3,920 $15,710
2015 $2,192 $17,750 $3,550 $14,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Allison Wilson

    Keller Williams Realty East Valley

    (480) 878-8214

    3 Total Sales

    Allison Wilson
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Matthew Kochis

    Keller Williams Realty East Valley

  • J

    Buyer's Agent in 2018

    Joseph Anderson

    Realty One Group

    (602) 515-3650

    8 Total Sales

    Joseph Anderson
    Section Image
  • John Sposato

    Seller's Agent in 2015

    John Sposato

    Keller Williams Realty Sonoran Living

    (602) 571-3730

    143 Total Sales

    John Sposato
    Section Image
  • Sharon Coffini

    Seller Co-Listing Agent in 2015

    Sharon Coffini

    Keller Williams Realty Sonoran Living

    (480) 225-5710

    101 Total Sales

    Sharon Coffini
    Section Image

  • A

    Buyer's Agent in 2015

    Anthony Frank

    HomeSmart

    (480) 440-4600

    12 Total Sales

    Anthony Frank
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5754348

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-91-082

Arizona Maricopa County Tempe 85283 The Lakes

1055 E Magdalena Dr, Tempe, AZ

Not Listed for Sale

Detached

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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