NOT LISTED FOR SALE

1603 E Verlea Dr Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $504,106 - $545,000

4 Beds
2 Baths
1,765 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $245,000 $139 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,931/month

62 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • Covered Patio or Porch
  • Central Air

About This Home

As of June 2015

Beautiful single level FOUR bedroom home in Hughes Acres/great Tempe locale! Bright kitchen features upgraded cabinetry, breakfast bar & loads of storage. Open family room has custom bookshelves, l/wood flooring & cozy fireplace. Spacious formal living room area & formal entry. Desirable corner lot has N/S exposure, low maintenance desert front landscaping, private backyard, grassy play area & covered patio. New A/C 2010. Great location central to schools, shopping, dining, colleges, hospital & easy freeway access. Security system, watering system & r/o systems in place. Two car garage includes built-in cabinets for all your storage needs. Home well cared for & has nice curb appeal!

Last Agent to Sell the Property

Mike Gray

Sun Devil Real Estate Brokerage Phone: 480-270-5782 License #BR533263000 Listed on: 04/03/2015

Last Buyer's Agent

William Lindsay

Realty ONE Group License #SA543117000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1968

Lot Details

  • 7,823 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Hughes Acres 7 Subdivision

Listing and Financial Details

  • Tax Lot 806
  • Assessor Parcel Number 133-31-087

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,881

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Southern & 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
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: HUGHES ACRES 7
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 138.81
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1765.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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

  • 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: 7823.0
  • Parcel #: 133-31-087

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1881.0
  • Tax Book Number: 133.00
  • Tax Lot: 806
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jun 24, 2015
Sold by
Tang John and Tang Ying Yi
Bought by
Lucht Chris A and Lucht Lone E
Seller's Agent
Mike Gray
Sun Devil Real Estate
Buyer's Agent
William Lindsay
Realty ONE Group
List Price
$247,000
Sold Price
$245,000
Premium/Discount to List
-$2,000
-0.81%
Current Estimated Value
$521,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,777
Avg. Annual Appreciation
7.47%
Original Mortgage
$183,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2012
Sold by
Tang John C and Tang Ying Yi
Bought by
Tang John and Tang Ying Yi

Purchase Details

Closed on
Mar 26, 2008
Sold by
Young Jeffrey E
Bought by
Tang John C and Tang Ying Yi

Purchase Details

Closed on
Jul 19, 2005
Sold by
Young Claire L
Bought by
Young Claire L and Claire L Young Survivors Trust
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.

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
Lucht Chris A $245,000 Lawyers Title Of Arizona Inc
Tang John -- None Available
Tang John C $255,000 First American Title Ins Co
Young Claire L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucht Chris A $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $245,000 -0.8% $139 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $247,000 0.0% $140 / Sq Ft
05/14/2015 05/14/15 Price Changed $247,000 -1.2% $140 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $250,000 0.0% $142 / Sq Ft
05/01/2013 05/01/13 Rented $1,400 0.0% --
04/17/2013 04/17/13 Under Contract -- -- --
03/18/2013 03/18/13 For Rent $1,400 -- --
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 $2,462 $20,545 -- --
2024 $2,274 $19,566 -- --
2023 $2,274 $36,670 $7,330 $29,340
2022 $2,181 $27,880 $5,570 $22,310
2021 $2,196 $25,730 $5,140 $20,590
2020 $2,129 $23,220 $4,640 $18,580
2019 $2,089 $22,080 $4,410 $17,670
2018 $2,037 $20,180 $4,030 $16,150
2017 $1,976 $18,570 $3,710 $14,860
2016 $1,963 $18,050 $3,610 $14,440
2015 $1,885 $16,660 $3,330 $13,330
Source: Public Records

Agents Affiliated with this Home

  • Mike Gray

    Seller's Agent in 2015

    Mike Gray

    Sun Devil Real Estate

    (602) 622-0622

    10 Total Sales

    Mike Gray
    Section Image

  • W

    Buyer's Agent in 2015

    William Lindsay

    Realty One Group

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5260372

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-31-087

Arizona Maricopa County Tempe 85282 Alameda

1603 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

Nearby Homes