1940 E Magdalena Dr Unit 1099 Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $499,000 - $538,000
3
Beds
2
Baths
1,691
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- RV Gated
- 1 Fireplace
- Granite Countertops
- 0.22 Acre Lot
- Corner Lot
- No HOA
About This Home
As of April 2023This property is move-in ready and has some remarkable features that will appeal strongly to buyers! They add hugely to the home's value and should not be overlooked. Highly sought after floor plan on a premium, oversized corner lot with 2 RV gates and located in Non-HOA Tempe community nestled between 'The Lakes' and 'Dobson Ranch' communities. NEW carpet, NEW interior paint on walls, ceiling, trim and doors, Dual pane windows throughout the home, HVAC was replaced in 2012, water heater is NEW and roof replaced in 2007. The kitchen has granite kitchen counters and breakfast bar. Walking distance to several highly rated (4/5 star) schools and multiple parks for enjoying AZ sunshine year round. The home is minutes by car to Highways US 60, US 101 & I10. You will love sitting on the covered oversized court-yard style front porch and watching sunsets, neighbors walking dogs, riding bikes and enjoying this family friendly community. The RV gate allows easy access to the side and back of home on this large corner lot. The oversized 2 car garage is equipped with a workbench with utility sink, ceiling fan and more that the seller used regularly when living in the home. Only 20 minutes by car to the ASU campus and 5 minutes from Banner Desert Hospital, shopping, restaurants, and entertainment. The seller raised their family in this home and are now ready to move on to a new phase of life while staying in the Tempe area. Contact your agent now if interested in an early preview before we go live to market for qualified buyers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,309
Year Built
- Built in 1972
Lot Details
- 9,627 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Corner Lot
- Backyard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
- RV Gated
Home Design
- Composition Roof
- Block Exterior
- Stone Exterior Construction
- Stucco
Interior Spaces
- 1,691 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Skylights
- 1 Fireplace
- Double Pane Windows
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Built-In Microwave
- Granite Countertops
Flooring
- Floors Updated in 2023
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Schools
- Fuller Elementary School
- FEES College Preparatory Middle School
- Marcos De Niza High School
Utilities
- Central Air
- Heating unit installed on the ceiling
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- Covered patio or porch
- Property is near a bus stop
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Continental
- Continental East Unit 6 Subdivision
Listing and Financial Details
- Tax Lot 900
- Assessor Parcel Number 301-01-099
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2023
Closed on
Apr 25, 2023
Sold by
Robert Peshak Revocable Trust
Bought by
Manzano Andres and Oberg Madison Brooke
Seller's Agent
Melinda Fawcett
72SOLD
Buyer's Agent
Mina Kuper
Realty ONE Group
List Price
$449,000
Sold Price
$465,000
Premium/Discount to List
$16,000
3.56%
Total Days on Market
5
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,204
Avg. Annual Appreciation
4.88%
Original Mortgage
$372,000
Outstanding Balance
$364,130
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$149,074
Purchase Details
Closed on
Sep 12, 2009
Sold by
Gmac Mortgage Llc
Bought by
Lopez Belinda S
Purchase Details
Closed on
Dec 11, 2003
Sold by
Peshak Robert
Bought by
The Robert Peshak Revocable Trust
Purchase Details
Closed on
Jun 11, 2002
Sold by
Peshak Robert
Bought by
Peshak Robert and The Robert Peshak Revocable Trust
Purchase Details
Closed on
Aug 10, 2001
Sold by
Knapp Lorna G
Bought by
Peshak Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.1%
Mortgage Type
New Conventional
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
Similar Homes in Tempe, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manzano Andres | $465,000 | Roc Title | |
| Lopez Belinda S | $45,000 | Fidelity Natl Title Ins Co | |
| The Robert Peshak Revocable Trust | -- | Old Republic Title Agency | |
| Peshak Robert | -- | -- | |
| Peshak Robert | $146,900 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manzano Andres | $372,000 | |
| Previous Owner | Peshak Robert | $65,500 | |
| Previous Owner | Peshak Robert | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2023 04/25/23 | Sold | $465,000 | +3.6% | $275 / Sq Ft |
| 04/05/2023 04/05/23 | Pending | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $449,000 | -- | $266 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,106 | $21,749 | -- | -- |
| 2024 | $2,080 | $20,713 | -- | -- |
| 2023 | $2,080 | $38,470 | $7,690 | $30,780 |
| 2022 | $2,309 | $28,280 | $5,650 | $22,630 |
| 2021 | $2,325 | $25,650 | $5,130 | $20,520 |
| 2020 | $2,254 | $23,460 | $4,690 | $18,770 |
| 2019 | $2,211 | $21,750 | $4,350 | $17,400 |
| 2018 | $2,156 | $20,120 | $4,020 | $16,100 |
| 2017 | $2,092 | $18,770 | $3,750 | $15,020 |
| 2016 | $2,077 | $17,930 | $3,580 | $14,350 |
| 2015 | $1,995 | $16,070 | $3,210 | $12,860 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda Fawcett
Seller's Agent in 2023
Melinda Fawcett
72SOLD
(480) 244-3399
1 in this area
86 Total Sales
-
Mina Kuper
Buyer's Agent in 2023
Mina Kuper
Realty One Group
(310) 345-8500
1 in this area
18 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6537449
APN: 301-01-099
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.
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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