NOT LISTED FOR SALE

1508 E Verlea Dr Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $417,000 - $434,000

3 Beds
2 Baths
1,270 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $172,000 $135 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,367/month

7 Days on Market

Highlights

  • Play Pool
  • No HOA
  • Patio
  • Property is near public transit
  • Breakfast Bar
  • Central Air

About This Home

As of June 2014

This is a warm and welcoming three bedroom home block home with large play pool in Tempe. Kitchen overlooks family room area with cozy fireplace. Three larger bedrooms and separate living room area. Updates and upgrades include new wood laminate floors and updated paint throughout. 3 inch baseboards. New A/C unit, new hot water heater and new pool plaster. Close to ASU, downtown Tempe and light rail. Perfect for first time home buyer or investor.

Last Agent to Sell the Property

Melissa Seliger

Locality Real Estate License #SA545420000 Listed on: 05/24/2014

Locality Real Estate

Last Buyer's Agent

Lauren Sato

West USA Realty License #SA542281000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1969

Lot Details

  • 6,303 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Play Pool
  • Patio

Location

  • Property is near public transit

Schools

  • Joseph P. Spracale Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Knoell Homes
  • Hughes Acres Subdivision

Listing and Financial Details

  • Tax Lot 834
  • Assessor Parcel Number 133-31-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,258

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Broadway and McClintock
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Items Updated Floor Yr Updated: 2013
  • Items Updated Ht Cool Yr Updated: 2009
  • Items Updated Pool Yr Updated: 2008
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Hughes Acres
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 135.43
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1270.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Play Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 3.0

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

  • Community Features: Near Light Rail Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Joseph P. Spracale Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6303.0
  • Parcel #: 133-31-115

Building Info

  • Builder Name: Knoell Homes

Tax Info

  • Tax Annual Amount: 1258.0
  • Tax Book Number: 133.00
  • Tax Lot: 834
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2014
Closed on
Jul 28, 2014
Sold by
White Tamara L
Bought by
White Verlea Properties Llc
Seller's Agent
Melissa Seliger
Locality Real Estate
Buyer's Agent
Lauren Sato
West USA Realty
List Price
$174,500
Sold Price
$172,000
Premium/Discount to List
-$2,500
-1.43%
Current Estimated Value
$427,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,176
Avg. Annual Appreciation
8.18%
Original Mortgage
$137,600
Outstanding Balance
$104,849
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$322,327

Purchase Details

Listed on
May 24, 2014
Closed on
Jun 26, 2014
Sold by
Seliger Properties Llc
Bought by
White Tamara L
Seller's Agent
Melissa Seliger
Locality Real Estate
Buyer's Agent
Lauren Sato
West USA Realty
List Price
$174,500
Sold Price
$172,000
Premium/Discount to List
-$2,500
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Outstanding Balance
$104,849
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$322,327

Purchase Details

Closed on
Sep 19, 2006
Sold by
Seliger Michael Patrick and Seliger Melissa Lynn
Bought by
Seliger Properties Llc

Purchase Details

Closed on
Apr 28, 2004
Sold by
Niknam Farid and Shahinfar Hoda Shashi
Bought by
Seliger Michael Patrick and Seliger Melissa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
5.35%
Mortgage Type
New Conventional
Source: Public Records
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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
White Verlea Properties Llc -- None Available
White Tamara L $172,000 Old Republic Title Agency
Seliger Properties Llc -- None Available
Seliger Michael Patrick $143,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Tamara L $137,600
Previous Owner Seliger Michael Patrick $114,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $172,000 -1.4% $135 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $174,500 -- $137 / 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 $1,865 $15,559 -- --
2024 $1,722 $14,818 -- --
2023 $1,722 $33,380 $6,670 $26,710
2022 $1,652 $25,030 $5,000 $20,030
2021 $1,663 $22,820 $4,560 $18,260
2020 $1,613 $20,170 $4,030 $16,140
2019 $1,582 $19,000 $3,800 $15,200
2018 $1,543 $17,130 $3,420 $13,710
2017 $1,296 $15,660 $3,130 $12,530
2016 $1,290 $14,660 $2,930 $11,730
2015 $1,247 $13,650 $2,730 $10,920
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Melissa Seliger

    Locality Real Estate

    (480) 227-6637

    1 in this area

    14 Total Sales

    Melissa Seliger
    Section Image

  • L

    Buyer's Agent in 2014

    Lauren Sato

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5121209

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-31-115

Arizona Maricopa County Tempe 85282 Alameda

1508 E Verlea Dr, Tempe, AZ

Not Listed for Sale

Detached

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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