NOT LISTED FOR SALE

1446 S Newberry Ln Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $526,586 - $617,000

3 Beds
3.5 Baths
1,685 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $365,000 $217 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,443/month

19 Days on Market

Highlights

  • Santa Barbara Architecture
  • Tile Flooring
  • Heating Available
  • Eat-In Kitchen
  • Kitchen Island

About This Home

As of March 2018

GREAT SINGLE-FAMILY INVESTMENT PROPERTY in TEMPE! Nestled in the highly-coveted Newberry Terrace subdivision of Tempe and in walking distance to ASU is this incredible 3 Bdrm/3.5 Bath two-story former model home. High cashflow property with almost 8% CAP rate, low HOA, and Fully-Leased until end of summer with high rents. Incredible rental demand for these homes, it practically rents itself... Upgrades include: Tile throughout lower level, stone elevation, upgraded cabinets - Corian counter tops and island anchor the open floor plan. 3 Master en-suite bedrooms upstairs afford both privacy and convenient inside laundry access. Low maintenance backyard with large patio. Perfectly located to walk to ASU, light rail or Orbit Route. This is the investment you have been waiting for!

Last Agent to Sell the Property

Christopher Gray

Russ Lyon Sotheby's International Realty License #SA652633000 Listed on: 02/16/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Jan Gray

Russ Lyon Sotheby's International Realty License #SA666035000

Last Buyer's Agent

Christopher Gray

Russ Lyon Sotheby's International Realty License #SA652633000 Listed on: 02/16/2018

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 2008

Lot Details

  • 3,103 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Parking Permit Required

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,685 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Newberry Terrace Association, Phone Number (480) 813-0300
  • Built by BARTON HOMES
  • Newberry Terrace Subdivision

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 133-09-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,119

Year Built

Built in 2008

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Cross Street: Rural & Apache
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 83.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2017
  • Directions: From Apache, head south on Rural, turn left on Spence. Take Spence to Newberry Lane and turn right. Newberry Lane will dead end and property will be on right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: rmpl01
  • Co List Office Phone: 480-794-1694
  • Subdivision Name: NEWBERRY TERRACE
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 83.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Kitchen Island
  • Living Area: 1685.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 83.0
  • Association Fee Frequency: Monthly
  • Association Name: Newberry Terrace
  • Phone: 480-813-0300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Newberry Terrace
  • Association Fees:HOA Telephone4: 480-813-0300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 166.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Curry Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3103.0
  • Parcel #: 133-09-140
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: BARTON HOMES

Tax Info

  • Tax Annual Amount: 3119.0
  • Tax Book Number: 133.00
  • Tax Lot: 42
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 16, 2018
Sold by
Plataan Llc
Bought by
Arle Usa Llc
Seller's Agent
Christopher Gray
Russ Lyon Sotheby's International Realty
Buyer's Agent
Christopher Gray
Russ Lyon Sotheby's International Realty
List Price
$369,500
Sold Price
$365,000
Premium/Discount to List
-$4,500
-1.22%
Current Estimated Value
$576,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,647
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Dec 18, 2017
Sold by
Berkenbos Llc
Bought by
Plataan Llc

Purchase Details

Closed on
Apr 15, 2016
Sold by
Dm2 Inspirations Llc
Bought by
Berkenbos Llc

Purchase Details

Closed on
Jun 16, 2008
Sold by
Newberry Terrace Barton Homes Llc
Bought by
Dm2 Inspirations Llc
Source: Public Records

Range of Values:

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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
Arle Usa Llc $365,000 Title Alliance Platinum Agen
Plataan Llc -- None Available
Berkenbos Llc $310,000 Lawyers Title Of Arizona Inc
Dm2 Inspirations Llc $378,975 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $365,000 -1.2% $217 / Sq Ft
02/16/2018 02/16/18 For Sale $369,500 0.0% $219 / Sq Ft
08/01/2017 08/01/17 Rented $2,400 0.0% --
05/18/2017 05/18/17 For Rent $2,400 0.0% --
05/17/2017 05/17/17 Under Contract -- -- --
05/08/2017 05/08/17 For Rent $2,400 -- --
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 $3,631 $32,416 -- --
2024 $3,587 $30,872 -- --
2023 $3,587 $40,470 $8,090 $32,380
2022 $3,441 $31,630 $6,320 $25,310
2021 $3,465 $30,020 $6,000 $24,020
2020 $3,360 $29,170 $5,830 $23,340
2019 $3,296 $27,060 $5,410 $21,650
2018 $3,214 $25,900 $5,180 $20,720
2017 $3,119 $26,170 $5,230 $20,940
2016 $3,097 $26,510 $5,300 $21,210
2015 $2,974 $25,420 $5,080 $20,340
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Christopher Gray

    Russ Lyon Sotheby's International Realty

    (480) 720-5686

    7 Total Sales

    Christopher Gray
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jan Gray

    Russ Lyon Sotheby's International Realty

    (602) 717-2422

    8 Total Sales

    Jan Gray
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5724296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-09-140

Arizona Maricopa County Tempe 85281 Downtown Tempe

1446 S Newberry Ln, Tempe, AZ

This home is located at 1446 S Newberry Ln, Tempe, AZ 85281 since 16 February 2018 and is currently estimated at $576,647, approximately $342 per square foot. This property was built in 2008. 1446 S Newberry Ln is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High 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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