NOT LISTED FOR SALE

1915 E Velvet Dr Unit 19 Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $460,000 - $473,000

3 Beds
2 Baths
1,201 Sq Ft
$389/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $160,000 $133 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,777/month

12 Days on Market

Highlights

  • Private Pool
  • RV Parking in Community
  • Covered patio or porch
  • C I Waggoner School Rated A-
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of April 2012

3BED 2BATH WITH A POOL. EXCELLENT LOCATION. CLOSE TO ALL AMENITIES AND EASY INTERSTATE ACCESS. REPAIRS HAVE BEEN MADE SO READY TO MOVE IN. WONT LAST LONG. BUYERS DUE DILIGENCE IS REQUIRED. PROPERTY IS SOLD AS IS. AGENTS, READ REMARKS FOR SHOWING AND AVAILABILITY INFORMATION. SEE DOCS TAB FOR BUYERS PROFILE AND PROGRAMS.

Last Listed By

William Curtis

Bertram Realty License #BR629059000 Listed on: 02/08/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1985

Lot Details

  • 5,500 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

  • Kyrene De La Estrella Elementary School
  • Corona Del Sol High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 308-01-101

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, (see remarks)
  • Buyers Diligence Association
  • Tempe Royal Palms Unit Ni Subdivision
  • RV Parking in Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,555

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Cross Street: ELLIOT AND MCCLINTOCK
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1985
  • Tax Year: 2011
  • Directions: EAST ON ELLIOT TO LOS FELIZ SOUTH ON LOS FELIZ TO VELVET WEST ON VELVET TO PROPERTY.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: brgl01
  • Co List Office Phone: 480-258-6943
  • Subdivision Name: TEMPE ROYAL PALMS UNIT NI
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 43.0
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1201.0
  • Stories: 1
  • Community Features:Community Pool: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Other, RV Parking
  • Association Fee: 43.0
  • Association Name: BUYERS DILIGENCE
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Name4: BUYERS DILIGENCE
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks)

Schools

  • Elementary School: Kyrene de la Estrella Elementary School
  • High School: Corona Del Sol High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene de la Estrella Elementary School

Lot Info

  • Lot Size Sq Ft: 5500.0
  • Parcel #: 308-01-101
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1555.0
  • Tax Book Number: 308.00
  • Tax Lot: 101
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Heyse Bruce and Wagner Peggy
Bought by
Heyse Bruce and Heyse Bruce
Total Days on Market
12
Current Estimated Value
$466,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$200,772
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$253,151

Purchase Details

Closed on
Oct 17, 2016
Sold by
Heyse Bruce R
Bought by
Heyse Bruce and The Bruce Heyse & Peggy Wagner Revocable

Purchase Details

Listed on
Feb 8, 2012
Closed on
Feb 22, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Heyse Bruce R
Seller's Agent
William Curtis
Bertram Realty
Buyer's Agent
Paul Martin
HomeSmart
List Price
$153,000
Sold Price
$160,000
Premium/Discount to List
$7,000
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$128,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Villarrubia Mario
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Apr 26, 2006
Sold by
Bowen Donna
Bought by
Villarrubia Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2000
Sold by
Pavliashvili George and Lishko Anna
Bought by
Bowen Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,219
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 1997
Sold by
Shay Fred Glen
Bought by
Pavliashvili George and Lishko Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
7.86%
Mortgage Type
New Conventional

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
Heyse Bruce -- Vantage Point Title
Heyse Bruce -- None Available
Heyse Bruce -- None Available
Heyse Bruce R $160,000 First American Title Insuran
Gmac Mortgage Llc $156,787 None Available
Villarrubia Mario $285,000 Grand Canyon Title Agency In
Bowen Donna $144,400 Ati Title Agency
Pavliashvili George $104,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyse Bruce $220,000
Closed Heyse Bruce R $50,000
Previous Owner Heyse Bruce R $128,000
Previous Owner Villarrubia Mario $228,000
Previous Owner Bowen Donna $48,618
Previous Owner Bowen Donna $143,712
Previous Owner Bowen Donna $143,219
Previous Owner Pavliashvili George $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $160,000 +4.6% $133 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $153,000 -- $127 / 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 $2,115 $23,363 -- --
2024 $2,058 $22,251 -- --
2023 $2,058 $34,930 $6,980 $27,950
2022 $1,952 $26,250 $5,250 $21,000
2021 $2,028 $23,280 $4,650 $18,630
2020 $1,979 $21,680 $4,330 $17,350
2019 $1,917 $19,220 $3,840 $15,380
2018 $1,852 $17,650 $3,530 $14,120
2017 $1,776 $16,910 $3,380 $13,530
2016 $1,801 $16,460 $3,290 $13,170
2015 $1,664 $15,420 $3,080 $12,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4714931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 308-01-101