NOT LISTED FOR SALE

1615 E Verlea Dr Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $467,893 - $512,000

4 Beds
2 Baths
1,572 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $500,000 $318 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,729/month

19 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Breakfast Bar
  • Heating Available

About This Home

As of February 2024

Beautifully remodeled home in the heart of Tempe just minutes away from ASU! This cozy home is a potential great rental with 4 SPACIOUS bedrooms. Decked out bathrooms, brand new luxury vinyl flooring, brand new kitchen cabinets and countertops, new carpet and padding, new vanities and luxurious bathrooms. This property will not last at this price!

Last Agent to Sell the Property

Robert Gurule

West USA Realty License #SA517178000 Listed on: 01/05/2024

West USA Realty

Last Buyer's Agent

Ryan Ney

My Home Group Real Estate License #SA548713000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1968

Lot Details

  • 6,299 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Mckemy Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Knoelle
  • Hughes Acres Unit 7 Subdivision

Listing and Financial Details

  • Tax Lot 808
  • Assessor Parcel Number 133-31-089

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: McClintock and Broadway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: HUGHES ACRES UNIT 7
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1572.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • 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 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: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6299.0
  • Parcel #: 133-31-089

Building Info

  • Builder Name: Knoelle

Tax Info

  • Tax Annual Amount: 2082.0
  • Tax Book Number: 133.00
  • Tax Lot: 808
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Mar 1, 2024
Sold by
Gold Rush Wholesale Llc
Bought by
Radhakrishnan Adithya
Seller's Agent
Robert Gurule
West USA Realty
Buyer's Agent
Ryan Ney
My Home Group Real Estate
List Price
$537,500
Sold Price
$500,000
Premium/Discount to List
-$37,500
-6.98%
Views
39
Current Estimated Value
$487,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,277
Avg. Annual Appreciation
-1.49%
Original Mortgage
$475,000
Outstanding Balance
$467,055
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$20,668

Purchase Details

Listed on
Sep 14, 2023
Closed on
Sep 14, 2023
Sold by
Stava Llc
Bought by
Gold Rush Wholesale Llc
Seller's Agent
Jeffery Chesleigh
HomeSmart
Buyer's Agent
Robert Gurule
West USA Realty
List Price
$425,000
Sold Price
$425,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.38%
Original Mortgage
$420,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2023
Closed on
Aug 7, 2023
Sold by
Rajavelu Anand and Rajavelu Sharada S
Bought by
Stava Llc
Seller's Agent
Jeffery Chesleigh
HomeSmart
Buyer's Agent
Robert Gurule
West USA Realty
List Price
$425,000
Sold Price
$425,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2010
Sold by
Giannis Aristotle
Bought by
Rajavelu Anand and Makki Sharada S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Markov Alexander D and Markov Yana V
Bought by
Giannis Aristotle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2001
Sold by
Schmigelsky Ljubov and Schmigelsky Michael
Bought by
Markov Alexander D and Markov Yana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
7.06%
Mortgage Type
New Conventional
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
Radhakrishnan Adithya $500,000 Magnus Title Agency
Gold Rush Wholesale Llc $425,000 Pioneer Title
Stava Llc -- --
Rajavelu Anand $147,001 Equity Title Agency Inc
Giannis Aristotle $255,000 Chicago Title Insurance Co
Markov Alexander D $118,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radhakrishnan Adithya $475,000
Previous Owner Gold Rush Wholesale Llc $420,000
Previous Owner Rajavelu Anand $117,000
Previous Owner Giannis Aristotle $229,500
Previous Owner Markov Alexander D $94,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $500,000 -4.7% $318 / Sq Ft
01/22/2024 01/22/24 Price Changed $524,900 -0.5% $334 / Sq Ft
01/18/2024 01/18/24 Price Changed $527,500 -1.9% $336 / Sq Ft
01/06/2024 01/06/24 For Sale $537,500 +26.5% $342 / Sq Ft
09/15/2023 09/15/23 Sold $425,000 0.0% $270 / Sq Ft View Prior Sale
09/15/2023 09/15/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $425,000 -- $270 / 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 $1,961 $18,814 -- --
2024 $2,082 $17,918 -- --
2023 $2,082 $35,060 $7,010 $28,050
2022 $1,997 $25,530 $5,100 $20,430
2021 $2,011 $23,430 $4,680 $18,750
2020 $1,950 $20,970 $4,190 $16,780
2019 $1,913 $19,830 $3,960 $15,870
2018 $1,865 $18,070 $3,610 $14,460
2017 $1,810 $16,560 $3,310 $13,250
2016 $1,797 $16,020 $3,200 $12,820
2015 $1,726 $15,030 $3,000 $12,030
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Gurule

    West USA Realty

    Section Image
  • Ryan Ney

    Buyer's Agent in 2024

    Ryan Ney

    My Home Group

    (480) 332-5659

    1 in this area

    118 Total Sales

    Ryan Ney
    Section Image
  • Jeffery Chesleigh

    Seller's Agent in 2023

    Jeffery Chesleigh

    HomeSmart

    (480) 399-3480

    5 in this area

    124 Total Sales

    Jeffery Chesleigh
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6646757

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-31-089

Arizona Maricopa County Tempe 85282 Alameda

1615 E Verlea Dr, Tempe, AZ

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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