NOT LISTED FOR SALE

1448 E Drake Dr Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $505,581 - $584,000

3 Beds
2 Baths
1,560 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $379,900 $244 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,029/month

4 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Corner Lot
  • Kyrene del Norte School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of October 2020

Tempe living at its finest! This gorgeous 3 bedroom, 2 bath, 2 car garage home is a short walk away from parks, trails and several of the state's top rated schools. Featuring a great room with vaulted ceilings, split bedrooms, water softener system, stainless steel appliances and glass front cabinets in the kitchen. The spacious owner's suite features a private bathroom and large walk-in closet. The resort style backyard includes an irrigation system with an automatic timer, a covered patio, swimming pool, a built-in barbecue with adjacent cozy outdoor seating area, lawn and a raised garden area. Save on utilities with the leased rooftop solar with load controller and the extra blown in insulation that was added in 2017.

Last Agent to Sell the Property

Charles Lowry

Berkshire Hathaway HomeServices Arizona Properties License #BR504686000 Listed on: 09/10/2020

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Vincent Fumusa

HomeSmart License #SA515405000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1983

Lot Details

  • 7,937 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 499
  • Assessor Parcel Number 301-92-935

Community Details

Overview

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

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Cross Street: S McClintock Dr & E Elliot Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2019
  • Directions: West on Elliot Rd, North on Lakeshore Dr, East on Dava Dr, North on Dorsey Ln, East on Drake to the property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: CONTINENTAL TEMPE
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 1560.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Corner Lot, Gravel/Stone Front, Grass Back, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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

  • Community Features: Playground, Biking/Walking Path
  • 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: 7937.0
  • Parcel #: 301-92-935

Green Features

  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1995.0
  • Tax Book Number: 301.00
  • Tax Lot: 499
  • Tax Map Number: 92.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 14, 2020
Sold by
Corsones Nancy S
Bought by
Spray Tony W and Spray Nancy M
Seller's Agent
Charles Lowry
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Vincent Fumusa
HomeSmart
List Price
$379,900
Sold Price
$379,900
Current Estimated Value
$538,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,995
Avg. Annual Appreciation
7.06%
Original Mortgage
$303,920
Outstanding Balance
$272,902
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,198

Purchase Details

Listed on
Sep 20, 2017
Closed on
Jan 4, 2018
Sold by
Offerpad Spvborrower11 Llc
Bought by
Corsones Nancy S
Seller's Agent
Brian Bair
OfferPad Brokerage, LLC
Buyer's Agent
Paige Stalcup
Keller Williams Realty East Valley
List Price
$269,900
Sold Price
$269,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$265,010
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2017
Sold by
Smtih Gary and Smtih Christelle
Bought by
Offerpad Llc

Purchase Details

Closed on
Jun 18, 2002
Sold by
Ballantine Glenn E and Ballantine Susan K
Bought by
Smith Gary S and Smith Christelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2001
Sold by
Ballantine Glenn E
Bought by
Ballantine Glenn E and Ballantine Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.41%
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
Spray Tony W $379,900 Empire West Title Agency Llc
Corsones Nancy S $269,900 First American Title Insuran
Offerpad Llc $200,000 First American Title Insuran
Smith Gary S $157,000 Capital Title Agency Inc
Ballantine Glenn E -- Capital Title Agency
Ballantine Glenn E -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spray Tony W $303,920
Previous Owner Corsones Nancy S $265,010
Previous Owner Smith Gary S $141,300
Previous Owner Ballantine Glenn E $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $379,900 0.0% $244 / Sq Ft
09/23/2020 09/23/20 For Sale $379,900 0.0% $244 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $379,900 +40.8% $244 / Sq Ft
01/04/2018 01/04/18 Sold $269,900 0.0% $173 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $269,900 0.0% $173 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/30/2017 11/30/17 Price Changed $269,900 -1.1% $173 / Sq Ft
11/09/2017 11/09/17 Price Changed $272,900 -0.7% $175 / Sq Ft
10/26/2017 10/26/17 Price Changed $274,900 -1.8% $176 / Sq Ft
09/20/2017 09/20/17 For Sale $279,900 -- $179 / 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 $2,201 $24,321 -- --
2024 $2,143 $23,163 -- --
2023 $2,143 $36,650 $7,330 $29,320
2022 $2,032 $27,630 $5,520 $22,110
2021 $2,111 $26,300 $5,260 $21,040
2020 $2,061 $24,550 $4,910 $19,640
2019 $1,995 $23,010 $4,600 $18,410
2018 $1,928 $21,030 $4,200 $16,830
2017 $1,849 $19,270 $3,850 $15,420
2016 $1,875 $18,820 $3,760 $15,060
2015 $1,732 $16,820 $3,360 $13,460
Source: Public Records

Agents Affiliated with this Home

  • Charles Lowry

    Seller's Agent in 2020

    Charles Lowry

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 702-2025

    3 in this area

    100 Total Sales

    Charles Lowry
    Section Image
  • Vincent Fumusa

    Buyer's Agent in 2020

    Vincent Fumusa

    HomeSmart

    (480) 889-3700

    4 in this area

    72 Total Sales

    Vincent Fumusa
    Section Image

  • B

    Seller's Agent in 2018

    Brian Bair

    OfferPad Brokerage, LLC

  • P

    Buyer's Agent in 2018

    Paige Stalcup

    Keller Williams Realty East Valley

    Section Image
  • Courtney Schaefer-Gorder

    Buyer Co-Listing Agent in 2018

    Courtney Schaefer-Gorder

    Keller Williams Realty East Valley

    (602) 980-0238

    3 in this area

    83 Total Sales

    Courtney Schaefer-Gorder
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6129368

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-92-935

Arizona Maricopa County Tempe 85283 South Tempe

1448 E Drake Dr, Tempe, AZ

This home is located at 1448 E Drake Dr, Tempe, AZ 85283 since 10 September 2020 and is currently estimated at $538,895, approximately $345 per square foot. This property was built in 1983. 1448 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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