NOT LISTED FOR SALE

1942 E Colgate Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $506,000 - $582,000

4 Beds
2 Baths
1,893 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $368,000 $194 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,065/month

32 Days on Market

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • Granite Countertops
  • 0.18 Acre Lot
  • Corner Lot
  • No HOA

About This Home

As of December 2019

BACK ON MARKET!! Tempe Updated home with RV Gate/parking, NEW white kitchen cabinets, NEW quartz countertops, new carpet & upgraded pad, NEW tile, NEW AC unit, updated bathrooms, new sinks & toilets, custom tile showers, and NEW appliances with stainless gas range, dishwasher and microwave! Kitchen has fridge, newer roof, new windows, new paint inside and out. Home has a large family room, dining area, eat-in kitchen & kitchen island, and lots of cabinets. The dryer can be electric or gas with inside laundry room, large rear yard with covered patio! NEW ceiling fans, new blinds, and awesome private back yard with masonry fences! Schedule a private showing because homes in this area sell quickly!

Last Agent to Sell the Property

Kelly Jensen

KJ Elite Realty License #BR645277000 Listed on: 10/19/2019

Last Buyer's Agent

Andre' Surcouf

Keller Williams Realty East Valley License #SA624184000

Keller Williams Realty East Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1972

Lot Details

  • 7,762 Sq Ft Lot
  • Corner Lot
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,893 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Schools

  • Fuller Elementary School
  • Marcos De Niza High Middle School
  • Marcos De Niza High School

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Knoell Tempe 5 Subdivision

Listing and Financial Details

  • Tax Lot 948
  • Assessor Parcel Number 301-01-609

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,095

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline Road and 101 Freeway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: KNOELL TEMPE 5
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 194.4
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Eat-in Kitchen, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1893.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Concrete Panel
  • Lot Features: Corner Lot, Gravel/Stone Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Fuller Elementary School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Marcos De Niza High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7762.0
  • Parcel #: 301-01-609

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2095.0
  • Tax Book Number: 301.00
  • Tax Lot: 948
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Dec 17, 2019
Sold by
Capital Investments Llc
Bought by
Reedy Craig V
Seller's Agent
Kelly Jensen
KJ Elite Realty
Buyer's Agent
Andre' Surcouf
Keller Williams Realty East Valley
List Price
$372,500
Sold Price
$368,000
Premium/Discount to List
-$4,500
-1.21%
Current Estimated Value
$545,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,595
Avg. Annual Appreciation
6.75%
Original Mortgage
$294,400
Outstanding Balance
$259,556
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$286,039

Purchase Details

Closed on
Jul 30, 2019
Sold by
Salt River Equity Llc
Bought by
Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2019
Sold by
Real Gym Equipment Llc
Bought by
Salt River Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2019
Sold by
Amberson Lillie M
Bought by
Real Gym Equipment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reedy Craig V $368,000 Grand Canyon Title Agency
Capital Investments Llc $259,900 American Title Svc Agcy Llc
Salt River Equity Llc $239,000 Landmark Ttl Assurance Agcy
Real Gym Equipment Llc $215,000 Landmark Ttl Assurance Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedy Craig V $294,400
Previous Owner Capital Investments Llc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $368,000 -1.2% $194 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $372,500 0.0% $197 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/12/2019 11/12/19 Price Changed $372,500 -0.1% $197 / Sq Ft
10/29/2019 10/29/19 Price Changed $373,000 -0.4% $197 / Sq Ft
10/23/2019 10/23/19 Price Changed $374,500 -0.1% $198 / Sq Ft
10/19/2019 10/19/19 For Sale $375,000 -- $198 / 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 $2,473 $23,722 -- --
2024 $2,269 $22,593 -- --
2023 $2,269 $37,350 $7,470 $29,880
2022 $2,167 $28,070 $5,610 $22,460
2021 $2,210 $25,920 $5,180 $20,740
2020 $2,136 $24,230 $4,840 $19,390
2019 $2,095 $23,100 $4,620 $18,480
2018 $2,039 $21,070 $4,210 $16,860
2017 $1,976 $19,170 $3,830 $15,340
2016 $1,966 $18,330 $3,660 $14,670
2015 $1,902 $16,450 $3,290 $13,160
Source: Public Records

Agents Affiliated with this Home

  • Kelly Jensen

    Seller's Agent in 2019

    Kelly Jensen

    KJ Elite Realty

    (480) 459-0353

    2 in this area

    206 Total Sales

    Kelly Jensen
    Section Image
  • Andre' Surcouf

    Buyer's Agent in 2019

    Andre' Surcouf

    Keller Williams Realty East Valley

    (480) 221-1312

    39 Total Sales

    Andre' Surcouf
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5994126

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-01-609

Arizona Maricopa County Tempe 85283 The Lakes

1942 E Colgate Dr, Tempe, AZ

Not Listed for Sale

Detached

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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