NOT LISTED FOR SALE

1548 E Drake Dr Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $402,000 - $561,000

3 Beds
2 Baths
1,701 Sq Ft
$304/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $569,000 $335 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,006/month

About This Home

As of July 2021

This home meets those MUST-HAVES for a home rental. Gorgeous 3 bedroom, 2 bath, single level & fully remodeled. LOCATION! This home is located in an established neighborhood in the Kyrene School District with easy freeway access. Close to Chandler Fashion Center with tons of great restaurants and shops. This home features an open floor plan, wood-plank tile, and lots of modern finishes throughout! Easy maintenance private backyard with landscape maintenance included in the rent. Tenant pays 1.8% city tax.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
4040 West Peoria Llc
Bought by
1548 E Drake Dr Llc
Current Estimated Value
$516,366

Purchase Details

Listed on
Jul 24, 2021
Closed on
Jul 7, 2021
Sold by
Reef Builders Llc
Bought by
4040 West Peoria Llc
Seller's Agent
Joy Sullivan
DeLex Realty
Buyer's Agent
Joy Sullivan
DeLex Realty
Sold Price
$2,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.49%

Purchase Details

Listed on
Apr 22, 2020
Closed on
Apr 23, 2020
Sold by
Legacy Property Solutions Llc
Bought by
Reef Builders Llc
Seller's Agent
Tyler Blair
eXp Realty
Buyer's Agent
Tyler Blair
eXp Realty
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.82%
Original Mortgage
$208,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 22, 2020
Closed on
Apr 13, 2020
Sold by
Miller Richard
Bought by
Legacy Property Solutions Llc
Seller's Agent
Tyler Blair
eXp Realty
Buyer's Agent
Tyler Blair
eXp Realty
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1997
Sold by
Marsh Robert S and Marsh Mary T
Bought by
Miller Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,241
Interest Rate
8.14%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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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
1548 E Drake Dr Llc -- --
4040 West Peoria Llc $569,000 Chicago Title Agency
Reef Builders Llc $245,000 Ez Title Agency
Legacy Property Solutions Llc $188,000 Ez Title Agency
Miller Richard $89,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reef Builders Llc $208,000
Previous Owner Legacy Property Solutions Llc $190,321
Previous Owner Miller Richard $46,500
Previous Owner Miller Richard $86,800
Previous Owner Miller Richard $87,500
Previous Owner Miller Richard $88,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Rented $2,899 0.0% --
11/07/2023 11/07/23 Under Contract -- -- --
11/02/2023 11/02/23 For Rent $2,899 -3.3% --
04/25/2022 04/25/22 Rented $2,999 0.0% --
04/23/2022 04/23/22 Under Contract -- -- --
04/18/2022 04/18/22 Price Changed $2,999 -3.3% $3 / Sq Ft
04/04/2022 04/04/22 For Rent $3,100 +12.6% --
09/01/2021 09/01/21 Rented $2,754 0.0% --
08/12/2021 08/12/21 Under Contract -- -- --
08/05/2021 08/05/21 Price Changed $2,754 -11.2% $2 / Sq Ft
07/24/2021 07/24/21 For Rent $3,100 0.0% --
07/09/2021 07/09/21 Sold $569,000 -1.9% $335 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $579,900 -2.5% $341 / Sq Ft
05/25/2021 05/25/21 For Sale $595,000 +142.9% $350 / Sq Ft
04/27/2020 04/27/20 Sold $245,000 -2.0% $244 / Sq Ft
04/22/2020 04/22/20 For Sale $249,900 -- $249 / Sq Ft

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 $1,717 $16,248 -- --
2024 $1,676 $15,475 -- --
2023 $1,676 $28,530 $5,700 $22,830
2022 $1,598 $21,230 $4,240 $16,990
2021 $1,634 $20,270 $4,050 $16,220
2020 $1,597 $18,400 $3,680 $14,720
2019 $1,333 $16,700 $3,340 $13,360
2018 $1,288 $15,000 $3,000 $12,000
2017 $1,235 $13,420 $2,680 $10,740
2016 $1,252 $12,570 $2,510 $10,060
2015 $1,157 $11,270 $2,250 $9,020
Source: Public Records

Agents Affiliated with this Home

  • Rachael Endsley

    Seller's Agent in 2023

    Rachael Endsley

    Realty One Group

    (480) 430-0430

    1 in this area

    19 Total Sales

    Rachael Endsley
    Section Image
  • Richard Ferguson

    Buyer's Agent in 2023

    Richard Ferguson

    Coldwell Banker Realty

    (740) 815-5894

    96 Total Sales

    Richard Ferguson
    Section Image

  • L

    Seller's Agent in 2022

    Lanell Inacio

    Lanell Sue Inacio

    Section Image
  • Sally Prestia

    Buyer's Agent in 2022

    Sally Prestia

    Your Home Sold Guaranteed Realty

    (480) 206-9878

    1 in this area

    26 Total Sales

    Sally Prestia
    Section Image
  • Gabriel Ostrovsky

    Seller's Agent in 2021

    Gabriel Ostrovsky

    Venture REI, LLC

    (480) 390-8676

    1 in this area

    23 Total Sales

    Gabriel Ostrovsky
    Section Image

  • J

    Seller's Agent in 2021

    Joy Sullivan

    DeLex Realty

    (480) 332-0392

    18 Total Sales

    Joy Sullivan
    Section Image
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Map

Arizona Maricopa County Tempe 85283 South Tempe

1548 E Drake Dr, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1548 E Drake Dr, Tempe, AZ 85283 and is currently estimated at $516,366, approximately $303 per square foot. 1548 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.

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