NOT LISTED FOR SALE

1931 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $463,000 - $482,850

3 Beds
2 Baths
1,391 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $420,200 $302 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,806/month

270 Days on Market

Highlights

  • RV Parking in Community
  • Vaulted Ceiling
  • Granite Countertops
  • C I Waggoner School Rated A-
  • 1 Fireplace
  • Community Pool

About This Home

As of January 2023

This lovingly updated 3 bed, 2 bath home is sure to impress! Vaulted ceilings, tile throughout the entire home, cozy fireplace in the living room, ceiling fans in every room & blinds on all windows. Granite countertops w/decorative tile backsplash add a luxurious finish to the well-appointed kitchen. The gorgeous owner's suite includes granite countertops w/dual sinks, large walk-in closet with custom shelving. Outdoor living areas include a charming courtyard entry and a spacious backyard w/large cov'd patio. Private, 2 car garage includes plenty of storage space in the custom, built-in cabinets. The beautiful community of Tempe Royal Palms include a dazzling park, community pool & RV/boat parking.

Last Agent to Sell the Property

Charles Lowry

Berkshire Hathaway HomeServices Arizona Properties License #BR504686000 Listed on: 04/22/2022

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Scott Lowry

Berkshire Hathaway HomeServices Arizona Properties License #SA694379000

Last Buyer's Agent

Jordan Page

Real Broker License #SA678349000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1985

Lot Details

  • 4,744 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 308-01-107

Community Details

Overview

  • Association fees include ground maintenance
  • Vision Property Mgmt Association, Phone Number (480) 759-4945
  • Built by US Homes
  • Tempe Royal Palms Unit 19 Subdivision
  • FHA/VA Approved Complex
  • RV Parking in Community

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,430

Year Built

Built in 1985

Lot Details

0

HOA Fees

$62 per month

Parking

2

Listing Details

  • Cross Street: Elliot Road & Loop 101
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 61.92
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2021
  • Directions: West on Elliot Rd, South on Los Feliz Dr, West on Velvet Dr to the property on the South side of the road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: TEMPE ROYAL PALMS UNIT 19
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 61.92
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1391.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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: Garage Door Opener, Attch'd Gar Cabinets, Rear Vehicle Entry, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Near Bus Stop
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), RV Parking, VA Approved Prjct
  • Association Fee: 61.92
  • Association Fee Frequency: Monthly
  • Association Name: Vision Property Mgmt
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vision Property Mgmt
  • Association Fees:HOA Telephone4: 480-759-4945
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 123.84
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4744.0
  • Parcel #: 308-01-107
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Annual Amount: 2430.0
  • Tax Book Number: 308.00
  • Tax Lot: 107
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jan 27, 2023
Sold by
Yenowine Wade and Yenowine Susan L
Bought by
Johnson Cleo and Petersen Robert
Seller's Agent
Charles Lowry
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Jordan Page
Real Broker
List Price
$515,000
Sold Price
$420,200
Premium/Discount to List
-$94,800
-18.41%
Views
133
Current Estimated Value
$470,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,013
Avg. Annual Appreciation
4.72%
Original Mortgage
$407,594
Outstanding Balance
$396,973
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$75,489

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 29, 2013
Sold by
Gemini Asset Holdings Llc
Bought by
Yenowine Wade and Rhodes Susan L
Seller's Agent
Jacqueline Redding
New Perspective Realty
Buyer's Agent
Brenda Breit
The Empowered Team, LLC
List Price
$225,000
Sold Price
$207,500
Premium/Discount to List
-$17,500
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$166,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Krebs Audrey
Bought by
Gemini Asset Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2005
Sold by
Krebs Audrey
Bought by
Krebs Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 17, 2004
Sold by
Krebs Jay
Bought by
Krebs Audrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,700
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 21, 2004
Sold by
Hammond Janice C
Bought by
Krebs Audrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,700
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 15, 2003
Sold by
Janice C Hammond Trust
Bought by
Hammond Janice C

Purchase Details

Closed on
Sep 7, 2001
Sold by
Hammond Janice C
Bought by
The Janice C Hammond Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,900
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2001
Sold by
Mugglestone Timothy L and Mugglestone Paige A
Bought by
Hammond Janice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,900
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Johnson Cleo $420,000 Navi Title Agency
Yenowine Wade $207,500 Great American Title Agency
Gemini Asset Holdings Llc $170,001 Great American Title Agency
Krebs Audrey -- --
Krebs Audrey J -- Lawyers Title Ins
Krebs Audrey J $171,500 Lawyers Title Ins
Hammond Janice C -- --
The Janice C Hammond Trust -- --
Hammond Janice C $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Cleo $407,594
Previous Owner Yenowine Wade $166,000
Previous Owner Gemini Asset Holdings Llc $125,000
Previous Owner Brannigan Daniel P $25,000
Previous Owner Krebs Audrey $224,000
Previous Owner Krebs Audrey $20,000
Previous Owner Krebs Audrey $195,000
Previous Owner Krebs Audrey J $50,000
Previous Owner Krebs Audrey J $25,700
Previous Owner Krebs Audrey J $137,200
Previous Owner Krebs Audrey J $137,200
Previous Owner Hammond Janice C $50,000
Previous Owner Hammond Janice C $52,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $420,200 -1.1% $302 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
12/10/2022 12/10/22 Price Changed $424,900 -5.3% $305 / Sq Ft
10/12/2022 10/12/22 Price Changed $448,900 -9.3% $323 / Sq Ft
06/28/2022 06/28/22 Price Changed $495,000 -3.9% $356 / Sq Ft
04/20/2022 04/20/22 For Sale $515,000 +148.2% $370 / Sq Ft
11/07/2013 11/07/13 Sold $207,500 -3.4% $149 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/26/2013 09/26/13 Price Changed $214,900 -2.3% $154 / Sq Ft
09/11/2013 09/11/13 Price Changed $219,900 -2.3% $158 / Sq Ft
08/09/2013 08/09/13 For Sale $225,000 -- $162 / 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 $2,187 $24,167 -- --
2024 $2,129 $20,247 -- --
2023 $2,129 $35,060 $7,010 $28,050
2022 $2,377 $26,450 $5,290 $21,160
2021 $2,430 $23,530 $4,700 $18,830
2020 $2,376 $22,100 $4,420 $17,680
2019 $2,305 $19,570 $3,910 $15,660
2018 $2,235 $18,060 $3,610 $14,450
2017 $2,149 $17,330 $3,460 $13,870
2016 $2,169 $17,010 $3,400 $13,610
2015 $2,000 $15,900 $3,180 $12,720
Source: Public Records

Agents Affiliated with this Home

  • Charles Lowry

    Seller's Agent in 2023

    Charles Lowry

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 702-2025

    3 in this area

    98 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Scott Lowry

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 341-1679

    2 in this area

    71 Total Sales

    Section Image
  • Jordan Page

    Buyer's Agent in 2023

    Jordan Page

    Real Broker

    (480) 808-1099

    1 in this area

    50 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    Jacqueline Redding

    New Perspective Realty

  • C

    Seller Co-Listing Agent in 2013

    Charles Redding

    New Perspective Realty

    (480) 385-1500

    5 Total Sales

    Section Image
  • Brenda Breit

    Buyer's Agent in 2013

    Brenda Breit

    The Empowered Team, LLC

    (480) 970-0079

    10 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6386967

Arizona Regional Multiple Listing Service (ARMLS)

APN: 308-01-107

Arizona Maricopa County Tempe 85284 South Tempe

1931 E Velvet Dr, Tempe, AZ

This home is located at 1931 E Velvet Dr, Tempe, AZ 85284 since 22 April 2022 and is currently estimated at $470,213, approximately $338 per square foot. This property was built in 1985. 1931 E Velvet Dr is a home located in Maricopa County with nearby schools including C I Waggoner School, Kyrene Middle School, and Corona Del Sol High School.

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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