NOT LISTED FOR SALE

1940 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $390,000 - $485,000

3 Beds
2 Baths
1,400 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 1940 E Velvet Dr, Tempe, AZ 85284 and is currently estimated at $444,390, approximately $317 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
Bought by
Current Estimated Value
$444,390

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
$280,048

Purchase Details

Closed on
Mar 31, 1998
Sold by
Bought by

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

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$246,000 Magnus Title Agency Llc
$121,000 Capital Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,800
Previous Owner $114,950
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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