NOT LISTED FOR SALE

1059 W Cornell Dr Tempe, AZ 85283

Estimated Value: $389,000 - $399,000

3 Beds
2 Baths
1,074 Sq Ft
$365/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $395,000 $368 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,177/month

17 Days on Market

Highlights

  • Santa Fe Architecture
  • Solar Screens
  • Stone Flooring
  • No HOA
  • Breakfast Bar
  • Central Air

About This Home

As of December 2024

Incredible opportunity with this Tempe home. Located close to restaurants, shopping, entertainment, and easy access to freeways. Makes for a wonderful primary home or investment opportunity. Spacious floor plan, wonderful curb appeal, with stunning salcedo tile throughout. Expansive backyard features RV gate access and a clean slate to add a pool or whatever you can dream of! This home has been a successful rental property and continues to be an ideal home for someone looking to enjoy all that Tempe has to offer. Front yard features beautiful trees and desert landscape with an inviting cherry red front door. Don't miss out on this opportunity!

Last Agent to Sell the Property

Megan Smith

The Brokery License #SA696749000 Listed on: 10/04/2024

Co-Listed By

Wendy Foroglou

The Brokery License #SA679125000

Last Buyer's Agent

Laura Ramirez

HomeSmart Premier License #SA669526000

HomeSmart Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1980

Lot Details

  • 10,104 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

Parking

  • 2 Car Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,074 Sq Ft Home
  • 1-Story Property
  • Solar Screens
  • Stone Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number 301-07-228

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Wood Park Village Lot 1 314 & Tr A C Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Cross Street: BASELINE/ HARDY
  • 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: boll001
  • Subdivision Name: WOOD PARK VILLAGE LOT 1-314 & TR A-C
  • Architectural Style: Ranch, Territorial/Santa Fe
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 367.78
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Stone
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1074.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Wood School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10104.0
  • Parcel #: 301-07-228

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1466.74
  • Tax Book Number: 301.00
  • Tax Lot: 221
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 18, 2024
Sold by
Alvarez Richard and Alvarez Danielle
Bought by
Lala Amisha
Seller's Agent
Megan Smith
The Brokery
Buyer's Agent
Laura Ramirez
HomeSmart Premier
List Price
$395,000
Sold Price
$395,000
Views
39
Current Estimated Value
$392,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,827
Avg. Annual Appreciation
-0.72%
Original Mortgage
$383,150
Outstanding Balance
$379,628
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$12,545

Purchase Details

Closed on
Oct 6, 2020
Sold by
Alvarez Richard M
Bought by
Alvarez Richard and Alvarez Danielle

Purchase Details

Listed on
Oct 27, 2015
Closed on
Jan 8, 2016
Sold by
Alvarez Danielle
Bought by
Alvarez Richard M
Seller's Agent
Dominic Arnold
AZ Prime Property Management
Buyer's Agent
Curtis Johnson
eXp Realty
List Price
$179,500
Sold Price
$157,000
Premium/Discount to List
-$22,500
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$112,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2015
Closed on
Jan 5, 2016
Sold by
Watterson Lucas R and Watterson Elizabeth
Bought by
Alvarez Richard M
Seller's Agent
Dominic Arnold
AZ Prime Property Management
Buyer's Agent
Curtis Johnson
eXp Realty
List Price
$179,500
Sold Price
$157,000
Premium/Discount to List
-$22,500
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Pg Reo Llc
Bought by
Watterson Lucas R and Watterson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,750
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2011
Sold by
Ez Homes Inc
Bought by
Pgreo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,750
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2011
Sold by
Zanotti Chris
Bought by
Ez Homes Inc

Purchase Details

Closed on
Aug 12, 2004
Sold by
Gilmore Joseph and Gilmore Joseph R
Bought by
Zanotti Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 1998
Sold by
Hammons Samuel W and Hammons Sandra M
Bought by
Gilmore Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
10.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1996
Sold by
Hammons Vaudis
Bought by
Hammons Samuel W and Hammons Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
8.01%
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
Lala Amisha $395,000 Driggs Title Agency
Lala Amisha $395,000 Driggs Title Agency
Alvarez Richard -- Driggs Title Agency Inc
Alvarez Richard M -- Empire West Title Agency
Alvarez Richard M $150,000 Empire West Title Agency
Watterson Lucas R $92,000 Magnus Title Agency
Pgreo Llc -- None Available
Ez Homes Inc $56,701 None Available
Zanotti Chris $150,000 First American Title Ins Co
Gilmore Joseph R $99,000 Old Republic Title Agency
Hammons Samuel W -- Nations Title Insurance
Hammons Vaudis -- Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lala Amisha $383,150
Closed Lala Amisha $383,150
Previous Owner Alvarez Richard M $112,500
Previous Owner Watterson Lucas R $75,750
Previous Owner Zanotti Chris $135,000
Previous Owner Gilmore Joseph R $84,150
Previous Owner Hammons Samuel W $70,400
Closed Zanotti Chris $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2024 12/06/24 Sold $395,000 0.0% $368 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $395,000 +151.6% $368 / Sq Ft
01/12/2016 01/12/16 Sold $157,000 -1.8% $146 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
12/01/2015 12/01/15 Price Changed $159,900 -8.4% $149 / Sq Ft
11/25/2015 11/25/15 Price Changed $174,500 -2.8% $162 / Sq Ft
10/27/2015 10/27/15 For Sale $179,500 -- $167 / 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 $1,365 $13,094 -- --
2024 $1,449 $12,471 -- --
2023 $1,449 $28,980 $5,790 $23,190
2022 $1,390 $21,730 $4,340 $17,390
2021 $1,400 $20,000 $4,000 $16,000
2020 $1,357 $18,570 $3,710 $14,860
2019 $1,331 $16,410 $3,280 $13,130
2018 $1,298 $14,380 $2,870 $11,510
2017 $1,260 $12,980 $2,590 $10,390
2016 $1,251 $12,050 $2,410 $9,640
2015 $1,201 $11,080 $2,210 $8,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6766820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-07-228