NOT LISTED FOR SALE

1825 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $444,000 - $480,545

3 Beds
2 Baths
1,391 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $161,900 $116 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,652/month

5 Days on Market

Highlights

  • Corner Lot
  • Great Room
  • Covered Patio or Porch
  • C I Waggoner School Rated A-
  • Community Pool
  • Breakfast Room

About This Home

As of July 2012

NOT A SHORT SALE! Fabulous Tempe single family home with tile roof in great neighborhood with community pool and greenbelt! High Dramatic vaulted ceilings and bright open floor plan. Oversized corner lot on a cul-du-sac street - One of the few pool-sized lots in the subdivision. 3 bdrm, 2 bath with 2 car garage... ALL TILE THRU-OUT! No carpet- Kyrene Elementary and Corona Del Sol High School! Come and get it!

Last Agent to Sell the Property

Keith Gaertner

RE/MAX Excalibur License #BR008321000 Listed on: 06/18/2012

RE/MAX Excalibur

Last Buyer's Agent

Gary Chen

DeLex Realty License #BR564776000

DeLex Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Desert faces the front of the property
  • Property fronts an alley
  • Block Wall Fence
  • Desert Landscape
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Tile Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Kyrene De Los Ninos Elementary School
  • Kyrene Middle School
  • Corona Del Sol High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

Overview

  • $1,632 per year Dock Fee
  • Association fees include common area maintenance
  • Tempe Royal Palms HOA, Phone Number (480) 759-4945
  • Located in the Tempe Royal Palms master-planned community
  • Built by US Homes
  • Single Level***

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Tax Municipality: Tempe
  • Cross Street: Elliot & McClintock
  • Legal Info Cnty Rcrd Bk Pg Number: 25737
  • Legal Info Lot Number: 94
  • Legal Info Range: R4E
  • Legal Info Township: T1S
  • Property Type: A
  • Technology: Cable TV Avail, Security Sys Owned
  • Assessor Parcel Number: 94.00
  • Hndrd Blk Directionl: S
  • Hundred Block: 7900
  • Marketing Name: Community Pool!
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 308-01-094
  • Capital Improvement Impact Fee Dollar Percent: %
  • HOA Association Fee: 63.05
  • HOA Name: Tempe Royal Palms
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-759-4945
  • HOA Transfer Fee: 250.00
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 63.05
  • Association Rules: Pets OK (See Rmrks), Prof Managed, Rental OK (See Rmks)
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32RDXO2G
  • Map Code Grid: S37
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: Tempe Royal Palms
  • Price per Sq Ft: 116.39
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1985
  • Tax Year: 2011
  • Master Model: SINGLE LEVEL***
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: No Interior Steps
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Great Room
  • Bathrooms: 2.00
  • Laundry: Dryer Included, Inside, Washer Included
  • Flooring: Tile
  • Fireplace: 1 Fireplace, Fireplace Living Rm
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Room, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 6159.00
  • Estimated Sq Ft: 1391.00
  • Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Pantry, Range/Oven Elec
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Community Only
  • Landscaping: Desert Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Childrens Play Area, Covered Patio(s), Patio
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Detached

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Community Pool
  • Fee Include: Common Area Maint

Schools

  • Elementary School: Kyrene de los Ninos School
  • High School: Corona Del Sol High School
  • Jr High School: Kyrene Middle School

Lot Info

  • Property Description: Alley, Corner Lot, North/South Exposure

Building Info

  • Builder Name: US Homes

Tax Info

  • Taxes: 1632.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Aug 6, 2012
Sold by
Zhang Gengxin
Bought by
Zhang Gengxin and Deng Chunxia
Seller's Agent
Keith Gaertner
RE/MAX Excalibur
Buyer's Agent
Gary Chen
DeLex Realty
List Price
$169,900
Sold Price
$161,900
Premium/Discount to List
-$8,000
-4.71%
Current Estimated Value
$465,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,236
Avg. Annual Appreciation
8.17%
Original Mortgage
$121,400
Outstanding Balance
$83,902
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$381,234

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jul 25, 2012
Sold by
Deng Chunxia
Bought by
Zhang Gengxin
Seller's Agent
Keith Gaertner
RE/MAX Excalibur
Buyer's Agent
Gary Chen
DeLex Realty
List Price
$169,900
Sold Price
$161,900
Premium/Discount to List
-$8,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Outstanding Balance
$83,902
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$381,234

Purchase Details

Closed on
Oct 22, 2001
Sold by
Haley Lisa J
Bought by
Simms Nancy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1996
Sold by
Trelease Andrew R
Bought by
Haley Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Zhang Gengxin -- None Available
Zhang Gengxin -- Lawyers Title Of Arizona Inc
Zhang Gengxin $161,900 Lawyers Title Of Arizona Inc
Simms Nancy Ann $153,000 Fidelity National Title
Haley Lisa J $111,500 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Gengxin $121,400
Closed Zhang Gengxin $121,400
Previous Owner Simms Nancy Ann $137,700
Previous Owner Haley Lisa J $66,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $161,900 -4.7% $116 / Sq Ft
06/23/2012 06/23/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $169,900 -- $122 / 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 $2,669 $24,475 -- --
2024 $2,524 $23,309 -- --
2023 $2,524 $36,120 $7,220 $28,900
2022 $2,407 $27,220 $5,440 $21,780
2021 $2,461 $24,330 $4,860 $19,470
2020 $2,406 $22,870 $4,570 $18,300
2019 $2,335 $20,250 $4,050 $16,200
2018 $2,264 $18,600 $3,720 $14,880
2017 $2,177 $17,870 $3,570 $14,300
2016 $2,196 $17,550 $3,510 $14,040
2015 $2,025 $16,330 $3,260 $13,070
Source: Public Records

Agents Affiliated with this Home

  • Keith Gaertner

    Seller's Agent in 2012

    Keith Gaertner

    RE/MAX

    (602) 390-1523

    17 Total Sales

    Keith Gaertner
    Section Image
  • Gary Chen

    Buyer's Agent in 2012

    Gary Chen

    DeLex Realty

    (480) 678-9882

    1 in this area

    93 Total Sales

    Gary Chen
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4776377

Arizona Regional Multiple Listing Service (ARMLS)

APN: 308-01-094

Arizona Maricopa County Tempe 85284 South Tempe

1825 E Velvet 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