NOT LISTED FOR SALE

1316 E Lemon St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $435,000 - $536,000

5 Beds
3 Baths
1,830 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $408,500 $223 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,840/month

About This Home

As of December 2021

Prime Tempe location less than 1/2 mile to ASU. Completely remodeled 5 bedroom 3 bath house including a 1 bed 1 bath separate guest house! The kitchen features white shaker cabinets, gas stove and tile backsplash. Beautiful luxury vinyl flooring flows throughout the main house and guest casita. Available at this price on a 6 month lease, inquire about longer term leased and pricing. Professional Photos coming soon.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Teran Vicente
Bought by
Teran Development Llc
Current Estimated Value
$480,294

Purchase Details

Listed on
Nov 2, 2021
Closed on
Nov 16, 2021
Sold by
Wilkinson James Lewis and Wilkinson Alice Jean
Bought by
Teran Vicente
Seller's Agent
David Schuster
Realty ONE Group
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$410,000
Sold Price
$408,500
Premium/Discount to List
-$1,500
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$326,800
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2012
Sold by
Wilkinson James L and Jean Wilkinson A
Bought by
Wilkinson James L and Jean Wilkinson A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.21%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 28, 2012
Sold by
Wilkinson James L and Jean Wilkinson A
Bought by
Wilkinson Jame L and Jean Wilkinson A

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Teran Development Llc -- None Listed On Document
Teran Vicente $408,500 Roc Title Agency Llc
Wilkinson James L -- First American Title Ins Co
Wilkinson Jame L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teran Vicente $326,800
Previous Owner James $450,000
Previous Owner Wilkinson James Lewis $450,000
Previous Owner Wilkinson James L $220,500
Previous Owner Wilkinson James $61,158
Previous Owner Wilkinson James $60,000
Previous Owner Wilkinson James $165,086
Previous Owner Wilkinson James $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Rented $3,800 +26.7% --
01/21/2022 01/21/22 For Rent $2,999 0.0% --
12/03/2021 12/03/21 Sold $408,500 -0.4% $243 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $410,000 -- $244 / Sq Ft

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 $2,121 $18,933 -- --
2024 $2,138 $18,031 -- --
2023 $2,138 $33,130 $6,620 $26,510
2022 $2,051 $24,410 $4,880 $19,530
2021 $1,221 $22,750 $4,550 $18,200
2020 $1,239 $21,320 $4,260 $17,060
2019 $1,202 $17,330 $3,460 $13,870
2018 $1,304 $16,100 $3,220 $12,880
2017 $1,263 $14,150 $2,830 $11,320
2016 $1,257 $12,070 $2,410 $9,660
2015 $1,216 $11,500 $2,300 $9,200
Source: Public Records

Agents Affiliated with this Home

  • Mike Ratzken

    Seller's Agent in 2022

    Mike Ratzken

    Two Brothers Realty & Co

    (480) 232-9990

    4 in this area

    279 Total Sales

    Mike Ratzken
    Section Image
  • Lauren Ratzken

    Seller Co-Listing Agent in 2022

    Lauren Ratzken

    Two Brothers Realty & Co

    (480) 815-6789

    176 Total Sales

    Lauren Ratzken
    Section Image
  • David Schuster

    Seller's Agent in 2021

    David Schuster

    Realty One Group

    (602) 717-0796

    1 in this area

    73 Total Sales

    David Schuster
    Section Image
  • Sam Schuster

    Seller Co-Listing Agent in 2021

    Sam Schuster

    Realty One Group

    (480) 268-4099

    Section Image
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Map

Arizona Maricopa County Tempe 85281 Downtown Tempe

1316 E Lemon St, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1316 E Lemon St, Tempe, AZ 85281 and is currently estimated at $480,294, approximately $262 per square foot. 1316 E Lemon St is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

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.

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