NOT LISTED FOR SALE

137 E Vista Del Cerro Dr Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $713,000 - $1,170,000

5 Beds
6 Baths
3,178 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $655,000 $206 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,854/month

4 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Wet Bar
  • 0.2 Acre Lot
  • Eat-In Kitchen
  • Patio

About This Home

As of March 2022

Investor's Dream! Was used for short term rental with manager on site. Will need some fixing up. Large home in a very desirable area.
Buyer to perform inspection, information provided is believed accurate but this is an estate sale.

Upstairs loft in back with deck. Home has full kitchen plus large kitchenette. Back of house set up for STR manager with master BR, 2 baths, upstairs office/loft.

Front has four bedrooms, 3 baths. Game room, media room, two laundries! Must see, too hard to describe.

Last Agent to Sell the Property

Patrick Harvey

West USA Realty License #BR555699000 Listed on: 01/31/2022

West USA Realty

Last Buyer's Agent

Mike Ratzken

Two Brothers Realty & Co License #BR636869000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1951

Lot Details

  • 8,751 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,178 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 4 Open Parking Spaces
  • Parking Permit Required

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Patio

Schools

  • Broadmor Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • University Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 133-16-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,451

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: Mill & Broadway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1951
  • Tax Year: 2021
  • Directions: From College and Broadway, N to Encanto, W to Vista Del Cerro Dr., N around the bend to home on the South side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: UNIVERSITY ESTATES
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Wet Bar, Full Bth Master Bdrm
  • Living Area: 3178.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Composition, Other
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Permit Required
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Broadmor Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8751.0
  • Parcel #: 133-16-038

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3451.0
  • Tax Block: 2
  • Tax Book Number: 133.00
  • Tax Lot: 7
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 11, 2022
Sold by
Brett Martin
Bought by
Clark Barry and Clark Melissa
Seller's Agent
Patrick Harvey
West USA Realty
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$695,000
Sold Price
$655,000
Premium/Discount to List
-$40,000
-5.76%
Current Estimated Value
$853,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,608
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Aug 17, 2007
Sold by
Martin Richard and Martin Phyllis
Bought by
Martin Thomas S

Purchase Details

Closed on
Nov 14, 2006
Sold by
Birmingham Patrick J and Birmingham Pamela J
Bought by
Martin Richard and Martin Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2002
Sold by
Martin Thomas Scott
Bought by
Martin Richard and Martin Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.89%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Martin Diana Elizabeth
Bought by
Martin Thomas Scott

Purchase Details

Closed on
May 1, 2001
Sold by
Martin Diane Elizabeth
Bought by
Martin Thomas Scott

Purchase Details

Closed on
Feb 9, 1998
Sold by
Martin Phyllis N
Bought by
Martin Thomas S and Martin Diana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,788
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 1995
Sold by
Martin Richard F and Martin Phyllis N
Bought by
Martin Richard F and Martin Phyllis N
Source: Public Records

Range of Values:

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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
Clark Barry $655,000 Old Republic Title
Martin Thomas S -- None Available
Martin Richard -- Equity Title Agency
Martin Richard -- Transnation Title Insurance
Martin Thomas Scott -- --
Martin Thomas Scott -- --
Martin Thomas S $85,000 Old Republic Title Agency
Martin Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Barry $600,000
Previous Owner Martin Thomas S $473,000
Previous Owner Martin Richard $205,000
Previous Owner Martin Richard $144,000
Previous Owner Martin Thomas S $74,788
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $655,000 -5.8% $206 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $695,000 -- $219 / 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 $3,672 $32,785 -- --
2024 $4,100 $31,224 -- --
2023 $4,100 $60,610 $12,120 $48,490
2022 $3,933 $42,270 $8,450 $33,820
2021 $3,451 $39,880 $7,970 $31,910
2020 $3,337 $37,810 $7,560 $30,250
2019 $3,273 $38,400 $7,680 $30,720
2018 $2,057 $22,680 $4,530 $18,150
2017 $1,993 $22,870 $4,570 $18,300
2016 $1,983 $21,750 $4,350 $17,400
2015 $1,918 $20,150 $4,030 $16,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6349022

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-16-038