NOT LISTED FOR SALE

1540 W 7th St Tempe, AZ 85281

West Tempe Neighborhood

Estimated Value: $423,560 - $441,000

3 Beds
2 Baths
1,334 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $254,000 $190 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,496/month

12 Days on Market

Highlights

  • 0.15 Acre Lot
  • Eat-In Kitchen
  • Central Air
  • No HOA
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of March 2020

Check out this adorable house in Tempe! 3 bedroom, 2 bath home not far from ASU, Tempe Town Lake and all the shopping. Looking for a home for yourself or an investment property this is the home for you.

Last Agent to Sell the Property

Adrianne Lynch

Real Broker License #SA528522000 Listed on: 03/04/2020

Real Broker

Last Buyer's Agent

Megan Phillips

Capstone Realty Professionals License #SA681120000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1961

Lot Details

  • 6,578 Sq Ft Lot
  • Block Wall Fence

Parking

  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Lindon Park 9 Subdivision

Listing and Financial Details

  • Tax Lot 298
  • Assessor Parcel Number 124-72-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Cross Street: University & Priest
  • 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
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2019
  • Directions: Take University going west to Lindon Lane and turn right, then right on 7th Street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LINDON PARK 9
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1334.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Alley, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6578.0
  • Parcel #: 124-72-120

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1296.0
  • Tax Book Number: 124.00
  • Tax Lot: 298
  • Tax Map Number: 72.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Ledesma Brothers Llc
Bought by
Mbl Legacy Properties Llc
Current Estimated Value
$430,572

Purchase Details

Listed on
Mar 4, 2020
Closed on
Mar 24, 2020
Sold by
Schwartz Jeff and Riley Monique
Bought by
Ledesma Brothers Llc
Seller's Agent
Adrianne Lynch
Real Broker
Buyer's Agent
Megan Phillips
Capstone Realty Professionals
List Price
$268,000
Sold Price
$254,000
Premium/Discount to List
-$14,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
May 5, 2017
Sold by
Schwartz Jeff and Schwartz Julia
Bought by
Schwartz Jeff and Riley Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Fannie Mae
Bought by
Schwartz Jeff and Schwartz Julia

Purchase Details

Closed on
Jun 7, 2011
Sold by
Zaugg Aaron L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2007
Sold by
Frazier Jewell A
Bought by
Zaugg Aaron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Frazier Jewell A
Bought by
Frazier Jewel A
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mbl Legacy Properties Llc -- None Listed On Document
Ledesma Brothers Llc $254,000 Fidelity Natl Ttl Agcy Inc
Schwartz Jeff -- Premier Title Agency
Schwartz Jeff $91,245 North American Title Company
Federal National Mortgage Association $190,378 None Available
Zaugg Aaron L $227,000 Security Title Agency Inc
Frazier Jewel A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Jeff $125,000
Previous Owner Zaugg Aaron L $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $254,000 -5.2% $190 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $268,000 -- $201 / 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 $1,421 $14,675 -- --
2024 $1,404 $13,976 -- --
2023 $1,404 $31,380 $6,270 $25,110
2022 $1,341 $23,280 $4,650 $18,630
2021 $1,367 $21,900 $4,380 $17,520
2020 $1,322 $19,820 $3,960 $15,860
2019 $1,296 $18,430 $3,680 $14,750
2018 $1,261 $16,650 $3,330 $13,320
2017 $1,222 $15,170 $3,030 $12,140
2016 $1,216 $14,220 $2,840 $11,380
2015 $1,176 $12,610 $2,520 $10,090
Source: Public Records

Agents Affiliated with this Home

  • Adrianne Lynch

    Seller's Agent in 2020

    Adrianne Lynch

    Real Broker

    (480) 570-0600

    108 Total Sales

    Section Image
  • Megan Phillips

    Buyer's Agent in 2020

    Megan Phillips

    Capstone Realty Professionals

    (480) 768-7667

    27 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6045360

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-72-120

Arizona Maricopa County Tempe 85281 West Tempe

1540 W 7th St, Tempe, AZ

This home is located at 1540 W 7th St, Tempe, AZ 85281 since 04 March 2020 and is currently estimated at $433,390, approximately $324 per square foot. This property was built in 1961. 1540 W 7th St is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe 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

Nearby Homes