NOT LISTED FOR SALE

1422 E Drake Dr Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $405,000 - $431,000

3 Beds
2 Baths
1,068 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $320,000 $300 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,400/month

3 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Wood Flooring
  • Kyrene del Norte School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of July 2021

Tempe Three bedroom, Two bath, Private Pool and no HOA. Home has been a rental for several years and requires some updating but is reflected in the price. Endless possibilities regarding updating and turning into a Tempe gem.

Last Agent to Sell the Property

Tony Ficara

West USA Realty License #SA537446000 Listed on: 05/29/2021

West USA Realty

Last Buyer's Agent

Sacha Blanchet

Coldwell Banker Realty License #SA576120000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1983

Lot Details

  • 7,505 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Kyrene De Los Ninos Elementary School
  • Kyrene Middle School
  • Marcos De Niza High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Continental Tempe Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 502
  • Assessor Parcel Number 301-92-938

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,833

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Elliott/McClintock
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2020
  • Directions: North on McClintock, West on Dava, North on Elm, West on Drake to Home
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: CONTINENTAL TEMPE UNIT 1
  • New Construction: No
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1068.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • 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: Kyrene de los Ninos School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7505.0
  • Parcel #: 301-92-938

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1833.0
  • Tax Book Number: 301.00
  • Tax Lot: 502
  • Tax Map Number: 92.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Jun 23, 2021
Sold by
Guerrero Paul Quinn
Bought by
Blanchet Sacha
Seller's Agent
Tony Ficara
West USA Realty
Buyer's Agent
Sacha Blanchet
Coldwell Banker Realty
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$423,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,369
Avg. Annual Appreciation
6.78%
Original Mortgage
$240,000
Outstanding Balance
$217,763
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$204,502

Purchase Details

Closed on
Apr 24, 2009
Sold by
Fronk Seth A
Bought by
Fronk Seth A and Fronk Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2006
Sold by
Fronk Jean Marie
Bought by
Fronk Seth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1998
Sold by
Morgan Todd R and Morgan Christa R
Bought by
Fronk Seth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,450
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1994
Sold by
Caballes Danny K and Caballes Terri D
Bought by
Morgan Todd R and Morgan Christa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,988
Interest Rate
8.25%
Mortgage Type
FHA
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
Blanchet Sacha -- Equity Title Agency Inc
Blanchet Sacha $320,000 Equity Title Agency Inc
Fronk Seth A -- Lsi
Fronk Seth A -- The Talon Group Desert Ridge
Fronk Seth A $117,000 Capital Title Agency
Morgan Todd R $79,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchet Sacha $240,000
Previous Owner Fronk Seth A $146,250
Previous Owner Fronk Seth A $134,300
Previous Owner Bronk Seth $112,500
Previous Owner Fronk Seth A $113,450
Previous Owner Morgan Todd R $78,988
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $320,000 0.0% $300 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $320,000 -- $300 / 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 $1,970 $18,643 -- --
2024 $1,923 $17,755 -- --
2023 $1,923 $31,030 $6,200 $24,830
2022 $1,833 $23,260 $4,650 $18,610
2021 $1,874 $22,100 $4,420 $17,680
2020 $1,833 $20,180 $4,030 $16,150
2019 $1,778 $18,720 $3,740 $14,980
2018 $1,724 $16,800 $3,360 $13,440
2017 $1,658 $15,180 $3,030 $12,150
2016 $1,673 $14,350 $2,870 $11,480
2015 $1,543 $12,910 $2,580 $10,330
Source: Public Records

Agents Affiliated with this Home

  • Tony Ficara

    Seller's Agent in 2021

    Tony Ficara

    West USA Realty

    (480) 250-5851

    1 in this area

    28 Total Sales

    Tony Ficara
    Section Image
  • Sacha Blanchet

    Buyer's Agent in 2021

    Sacha Blanchet

    Coldwell Banker Realty

    (602) 882-4921

    2 in this area

    201 Total Sales

    Sacha Blanchet
    Section Image
  • John Groves

    Buyer Co-Listing Agent in 2021

    John Groves

    Coldwell Banker Realty

    (480) 239-3023

    3 in this area

    104 Total Sales

    John Groves
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6243222

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-92-938

Arizona Maricopa County Tempe 85283 South Tempe

1422 E Drake Dr, Tempe, AZ

This home is located at 1422 E Drake Dr, Tempe, AZ 85283 since 29 May 2021 and is currently estimated at $423,369, approximately $396 per square foot. This property was built in 1983. 1422 E Drake Dr is a home located in Maricopa County with nearby schools including Kyrene de los Niños Elementary School, Kyrene del Norte School, and Kyrene Middle School.

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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