NOT LISTED FOR SALE

1559 E Drake Dr Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $406,000 - $449,000

3 Beds
2 Baths
1,068 Sq Ft
$398/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $165,000 $154 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,379/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Covered Patio or Porch
  • Kyrene del Norte School Rated A-
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of June 2013

Great opportunity to own a home in a high demand area of Tempe. 3 Bed/2 Bath with a loft over the kitchen w/library ladder-extra sleeping area or storage. Easy access to ASU, Freeways 101,US60, 202 & Sky Harbor Airport. Kyrene Del Los Ninos just a few blocks away. No HOA!
Addition with fireplace is 140 Sq Ft not included in tax records. Unknown if permitted. Solar panels are disconnected, unknown if they are in working condition.

Last Agent to Sell the Property

Dian Turken

Berkshire Hathaway HomeServices Arizona Properties License #SA020320000 Listed on: 05/28/2013

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Bill Harden

HomeSmart License #SA637008000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1984

Lot Details

  • 7,553 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Kyrene De Los Ninos Elementary School
  • Kyrene Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by CONTINENTAL
  • Continental Tempe Unit 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 411 / 3002
  • Assessor Parcel Number 301-92-866

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,368

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Cross Street: McClintock & Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: South on McClintockTo Dava, West to Butte turns in to Drake, west to property
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: CONTINENTAL TEMPE UNIT 1
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1068.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Dirt Back, Natural Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2: 1.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Kyrene de los Ninos School
  • High School: Tempe High School
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7553.0
  • Parcel #: 301-92-866
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CONTINENTAL

Tax Info

  • Tax Annual Amount: 1368.0
  • Tax Block: 3002
  • Tax Book Number: 301.00
  • Tax Lot: 411
  • Tax Map Number: 92.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2016
Sold by
Morris Eric and Morris Julie
Bought by
Hedgehog Ventures Drake Llc
Current Estimated Value
$424,569

Purchase Details

Listed on
May 28, 2013
Closed on
Jun 5, 2013
Sold by
Lotz Margaret R
Bought by
Morris Eric and Morris Julie
Seller's Agent
Dian Turken
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Bill Harden
HomeSmart
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Feb 27, 2010
Sold by
Mrl & Djk Trust and Lotz Mary Louise
Bought by
Lotz Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2001
Sold by
Keating Daniel J and Keating William T
Bought by
Lotz Mary Louise and Minett John
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
Hedgehog Ventures Drake Llc -- None Available
Morris Eric $165,000 First American Title Ins Co
Lotz Margaret R -- None Available
Lotz Mary Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lotz Margaret R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $165,000 -5.7% $154 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $175,000 -- $164 / 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 $1,628 $17,993 -- --
2024 $1,585 $17,136 -- --
2023 $1,585 $29,910 $5,980 $23,930
2022 $1,503 $22,420 $4,480 $17,940
2021 $1,562 $21,370 $4,270 $17,100
2020 $1,524 $19,500 $3,900 $15,600
2019 $1,476 $17,960 $3,590 $14,370
2018 $1,427 $16,200 $3,240 $12,960
2017 $1,368 $14,610 $2,920 $11,690
2016 $1,387 $13,750 $2,750 $11,000
2015 $1,281 $12,400 $2,480 $9,920
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Dian Turken

    Berkshire Hathaway HomeServices Arizona Properties

    Section Image
  • Bill Harden

    Buyer's Agent in 2013

    Bill Harden

    HomeSmart

    (480) 329-0628

    1 in this area

    44 Total Sales

    Bill Harden
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4943506

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-92-866

Arizona Maricopa County Tempe 85283 South Tempe

1559 E Drake Dr, Tempe, AZ

This home is located at 1559 E Drake Dr, Tempe, AZ 85283 since 28 May 2013 and is currently estimated at $424,569, approximately $397 per square foot. This property was built in 1984. 1559 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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