NOT LISTED FOR SALE

1940 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $394,336 - $483,000

3 Beds
2 Baths
1,400 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 1940 E Velvet Dr, Tempe, AZ 85284 and is currently estimated at $449,084, approximately $320 per square foot. 1940 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
Special Gregory N
Bought by
Schroeder Travis A
Current Estimated Value
$449,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Outstanding Balance
$164,342
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$284,742

Purchase Details

Closed on
Mar 31, 1998
Sold by
Hendley Marcia Ann and Wendelken Dorothy C
Bought by
Special Gregory N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
7.06%
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.

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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.

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First American

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Quantarium

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Average Value
Not Available
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
Schroeder Travis A $246,000 Magnus Title Agency Llc
Special Gregory N $121,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Travis A $196,800
Previous Owner Special Gregory N $114,950
Source: Public Records

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 $2,248 $24,065 -- --
2024 $2,120 $22,919 -- --
2023 $2,120 $34,900 $6,980 $27,920
2022 $2,010 $26,320 $5,260 $21,060
2021 $2,089 $23,420 $4,680 $18,740
2020 $2,039 $22,010 $4,400 $17,610
2019 $1,974 $19,480 $3,890 $15,590
2018 $1,908 $17,960 $3,590 $14,370
2017 $1,829 $17,230 $3,440 $13,790
2016 $1,855 $16,920 $3,380 $13,540
2015 $1,714 $15,820 $3,160 $12,660
Source: Public Records

Map

Arizona Maricopa County Tempe 85284 South Tempe

1940 E Velvet Dr, Tempe, AZ

Not Listed for Sale

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