NOT LISTED FOR SALE

1506 E Edgewater Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $568,000 - $623,567

Studio
4 Baths
2,144 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 1506 E Edgewater Dr, Tempe, AZ 85283 and is currently estimated at $588,892, approximately $274 per square foot. 1506 E Edgewater Dr is a home located in Maricopa County with nearby schools including Rover Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Thompson-River Family Trust and River Robert R
Bought by
Hoffman Nathaniel
Current Estimated Value
$588,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,809
Outstanding Balance
$553,879
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$35,013

Purchase Details

Closed on
Mar 7, 2024
Sold by
River Robert R & Martie
Bought by
Thompson-River Family Trust and River

Purchase Details

Closed on
Mar 26, 2004
Sold by
River Robert R
Bought by
River Robert R and Thompson Martie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,784
Interest Rate
5.56%
Mortgage Type
VA

Purchase Details

Closed on
Nov 8, 1995
Sold by
Monciavaiz Milton and Monciavaiz Margaret
Bought by
River Robert R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Hoffman Nathaniel $570,000 Stewart Title & Trust Of Phoen
Thompson-River Family Trust -- None Listed On Document
River Robert R -- Security Title Agency
River Robert R $169,400 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Nathaniel $555,809
Previous Owner River Robert R $158,784
Source: Public Records

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 $3,295 $31,607 -- --
2024 $3,023 $30,102 -- --
2023 $3,023 $44,750 $8,950 $35,800
2022 $2,887 $33,220 $6,640 $26,580
2021 $2,944 $31,320 $6,260 $25,060
2020 $2,847 $29,330 $5,860 $23,470
2019 $2,792 $27,860 $5,570 $22,290
2018 $2,717 $25,200 $5,040 $20,160
2017 $2,632 $24,130 $4,820 $19,310
2016 $2,619 $23,910 $4,780 $19,130
2015 $2,534 $21,730 $4,340 $17,390
Source: Public Records

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