1124 E Sesame St Tempe, AZ 85283
The Lakes Neighborhood
3
Beds
2
Baths
1,700
Sq Ft
0.34
Acres
Highlights
- Private Pool
- 0.34 Acre Lot
- No HOA
- Rover Elementary School Rated A-
- 1 Fireplace
- Heating Available
About This Home
As of November 2018Investor DREAM! This is a traditional sale and ready for immediate close. This property combines everything you would want in a fix and flip. It is in a prime location of Tempe with a pool and a massive lot. Fix it as-is with it's current SQ FT, or add an addition for even more profit!! (We have two preliminary plans from an architect to make it either 2050, or 2400 SQ FT) Deals like this do not come along on the MLS very often! Don't walk to this one - RUN!!!! The property has already been demoed and is ready to get the rehab rocking. Although it is a remodel property that needs some tlc the property has all the utilities on and working. Cash/Hard money with quick closings only. Escrow is already opened with Christie Turley at North American Title in arrowhead.
Last Agent to Sell the Property
David Perolis
My Home Group Real Estate License #SA656316000 Listed on: 12/02/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,429
Year Built
- Built in 1973
Lot Details
- 0.34 Acre Lot
- Block Wall Fence
Parking
- 2 Car Garage
Home Design
- Fixer Upper
- Composition Roof
- Block Exterior
Interior Spaces
- 1,700 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Pool
- Private Pool
Schools
- Rover Elementary School
- FEES College Preparatory Middle School
- Marcos De Niza High School
Utilities
- Refrigerated Cooling System
- Heating Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Tempe Royal Palms Subdivision
Listing and Financial Details
- Tax Lot 418
- Assessor Parcel Number 301-91-055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2018
Closed on
Nov 12, 2018
Sold by
Cline Jennifer M and Norris Jennifer M
Bought by
Mcquarrie Derek and Mcquarrie Helen
Seller's Agent
Bradley Cline
Faith Real Estate and Investments, LLC
Buyer's Agent
Twila Edwards
Real Broker
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,644
Avg. Annual Appreciation
8.20%
Original Mortgage
$308,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2016
Sold by
Faith Joan and Norris Jennifer
Bought by
Norris Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 2, 2015
Closed on
Apr 1, 2016
Sold by
Faith Joan
Bought by
Faith Joan and Norris Jennifer
Seller's Agent
David Perolis
My Home Group Real Estate
Buyer's Agent
Bradley Cline
Faith Real Estate and Investments, LLC
List Price
$239,900
Sold Price
$239,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$191,920
Interest Rate
3.65%
Mortgage Type
Stand Alone First
Purchase Details
Listed on
Dec 2, 2015
Closed on
Mar 23, 2016
Sold by
Right Now Capital Llc
Bought by
Faith Joan
Seller's Agent
David Perolis
My Home Group Real Estate
Buyer's Agent
Bradley Cline
Faith Real Estate and Investments, LLC
List Price
$239,900
Sold Price
$239,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
3.65%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 23, 2015
Sold by
Spratt Wendy S
Bought by
Right Now Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.78%
Mortgage Type
Unknown
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $385,000 | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | Empire West Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $239,900 | Empire West Title Agency | |
| Warranty Deed | $232,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,000 | New Conventional | |
| Closed | $305,000 | New Conventional | |
| Closed | $308,000 | New Conventional | |
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $191,920 | Stand Alone First | |
| Previous Owner | $93,000 | Unknown | |
| Previous Owner | $208,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $45,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2018 11/19/18 | Sold | $385,000 | 0.0% | $226 / Sq Ft |
| 09/28/2018 09/28/18 | For Sale | $385,000 | +60.5% | $226 / Sq Ft |
| 03/25/2016 03/25/16 | Sold | $239,900 | 0.0% | $141 / Sq Ft |
| 03/08/2016 03/08/16 | Pending | -- | -- | -- |
| 12/02/2015 12/02/15 | For Sale | $239,900 | -- | $141 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,783 | $28,738 | -- | -- |
| 2024 | $2,899 | $27,370 | -- | -- |
| 2023 | $2,899 | $41,200 | $8,240 | $32,960 |
| 2022 | $2,769 | $31,980 | $6,390 | $25,590 |
| 2021 | $2,823 | $30,100 | $6,020 | $24,080 |
| 2020 | $2,730 | $27,150 | $5,430 | $21,720 |
| 2019 | $2,677 | $26,710 | $5,340 | $21,370 |
| 2018 | $3,005 | $24,600 | $4,920 | $19,680 |
| 2017 | $2,916 | $23,830 | $4,760 | $19,070 |
| 2016 | $2,895 | $24,530 | $4,900 | $19,630 |
| 2015 | $2,429 | $22,030 | $4,400 | $17,630 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2018
Bradley Cline
Faith Real Estate and Investments, LLC
(480) 577-1017
18 Total Sales
-
J
Seller Co-Listing Agent in 2018
Jenny Cline
Faith Real Estate and Investments, LLC
(480) 645-2791
30 Total Sales
-
Buyer's Agent in 2018
Twila Edwards
Real Broker
(480) 251-9063
88 Total Sales
-
D
Seller's Agent in 2016
David Perolis
My Home Group
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5368953
APN: 301-91-055
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.
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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