NOT LISTED FOR SALE

1638 W Inverness Dr Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $317,000 - $355,000

3 Beds
1.5 Baths
1,040 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 02, 2018

Last sale price $155,000 $149 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,862/month

11 Days on Market

Highlights

  • 0.14 Acre Lot
  • No HOA
  • Double Pane Windows
  • Private Yard
  • Covered Patio or Porch
  • Solar Screens

About This Home

As of May 2018

An amazing opportunity is knocking! This incredible home is available to first time home-buyers (have not owned a home in the last 3 years or ever) who meet income criteria based on household size (less than) 1-$37,100 2-$42,400 3-$47,700 4-$52,950 5-$57,200 6-$61,450 Qualified Buyers may receive up to an additional $15,000 in down-payment assistance. Must income qualify and be a first time home-buyer.

Last Agent to Sell the Property

Jonathan Miller

AZ Brokerage Holdings, LLC License #SA578898000 Listed on: 02/27/2018

Last Buyer's Agent

Victoria Lugo

West USA Realty License #SA675986000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1969

Lot Details

  • 6,016 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot
  • Land Lease of $35 per month

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Peterson Park Plat 3B Subdivision

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 123-57-311

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Southern & Priest
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Leasehold
  • Association Fees Land Lease Fee: 35.0
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 35.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: PETERSON PARK PLAT 3B
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, Pantry
  • Living Area: 1040.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Private Yard
  • Lot Features: Alley, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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: Holdeman Elementary School
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Land Lease: Yes
  • Lot Size Sq Ft: 6016.0
  • Parcel #: 123-57-311

Building Info

  • Builder Name: Unknown

Rental Info

  • Land Lease Amount: 35.0

Tax Info

  • Tax Annual Amount: 928.0
  • Tax Book Number: 123.00
  • Tax Lot: 82
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Mar 12, 2018
Sold by
Newtown Community Development
Bought by
Raganit Sean Joe and Garcia Christina Marie
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Victoria Lugo
West USA Realty
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$337,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,705
Avg. Annual Appreciation
10.96%
Original Mortgage
$140,500
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 11, 2017
Sold by
Irwin Donald T and Irwin Adelaide R
Bought by
Newtown Community Development Corp
Seller's Agent
Cami Beckley
RE/MAX Excalibur
Buyer's Agent
Jonathan Miller
Fathom Realty Elite
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 29, 2015
Sold by
Marksberry Dana M and Mahnke Dana M
Bought by
Irwin Donald T and Irwin Adelaide R
Seller's Agent
Dale Chandler
West USA Realty
Buyer's Agent
Cami Beckley
Realty ONE Group
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$166,920
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2004
Sold by
Hyder Harry R
Bought by
Mahnke Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.27%
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
Raganit Sean Joe $155,000 First American Title Insuran
Newtown Community Development Corp $210,000 First American Title Insuran
Irwin Donald T $170,000 Fidelity Natl Title Agency
Mahnke Dana M $107,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raganit Sean Joe $140,500
Previous Owner Newtown Community Development Corp $168,000
Previous Owner Irwin Donald T $166,920
Previous Owner Mahnke Dana M $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2018 05/02/18 Sold $155,000 0.0% $149 / Sq Ft
02/27/2018 02/27/18 For Sale $155,000 -26.2% $149 / Sq Ft
01/12/2018 01/12/18 Sold $210,000 -4.5% $202 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $219,900 +29.4% $211 / Sq Ft
09/30/2015 09/30/15 Sold $170,000 0.0% $163 / Sq Ft View Prior Sale
09/03/2015 09/03/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $170,000 -- $163 / 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 $1,134 $11,138 -- --
2024 $1,065 $10,608 -- --
2023 $1,065 $24,720 $4,940 $19,780
2022 $1,017 $18,720 $3,740 $14,980
2021 $1,037 $16,770 $3,350 $13,420
2020 $1,003 $15,010 $3,000 $12,010
2019 $984 $14,330 $2,860 $11,470
2018 $957 $12,600 $2,520 $10,080
2017 $928 $11,110 $2,220 $8,890
2016 $923 $9,350 $1,870 $7,480
2015 $1,022 $8,550 $1,710 $6,840
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jonathan Miller

    Realty Executives

  • C

    Seller's Agent in 2018

    Cami Beckley

    RE/MAX

  • V

    Buyer's Agent in 2018

    Victoria Lugo

    West USA Realty

    Section Image
  • Dale Chandler

    Seller's Agent in 2015

    Dale Chandler

    West USA Realty

    (623) 337-8881

    29 Total Sales

    Dale Chandler
    Section Image

  • C

    Buyer's Agent in 2015

    Cami GRI

    RE/MAX on Tatum Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5729350

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-57-311

Arizona Maricopa County Tempe 85282 West Tempe

1638 W Inverness 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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