NOT LISTED FOR SALE

1942 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $469,000 - $505,000

3 Beds
2 Baths
1,391 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $365,000 $262 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,852/month

3 Days on Market

Highlights

  • Play Pool
  • Corner Lot
  • Covered Patio or Porch
  • C I Waggoner School Rated A-
  • Private Yard
  • 2 Car Detached Garage

About This Home

As of September 2020

Stop your search! This lovely, single level home on a corner lot in the Tempe Royal Palms community is ready for its next owner. Enter through the courtyard, which features flagstone patio & lovely palms & desert foliage surrounding. Inside, vaulted ceilings, picture windows, & an open floor plan make for a spacious & airy feel. Ceiling fans in almost every room & carpet & tile flooring in all the right places. Stay cozy around the fireplace in the family room during the cool months. Kitchen features recessed lighting & breakfast nook w/ separate access to master bedroom. Master bathroom features dual sink vanity & walk-in closet. Great for entertaining or unwinding after a long day, backyard features covered patio with ceiling fan, splash pool, grassy area, & mature foliage provides ample cover for privacy. Located in the heart of South Tempe, near plenty of shopping, dining, & amenities, & just a mile from the 101 freeway, you'll have easy access to the rest of the valley. Call now, this one won't be available for long!

Last Agent to Sell the Property

Randy Courtney

Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 08/18/2020

Weichert, Realtors - Courtney Valleywide

Last Buyer's Agent

Randy Courtney

RE/MAX Anasazi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 1984

Lot Details

  • 6,046 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 308-01-055

Community Details

Overview

  • Association fees include ground maintenance
  • Vision Community Man Association, Phone Number (480) 759-4945
  • Built by US Homes
  • Tempe Royal Palms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,449

Year Built

Built in 1984

Lot Details

6,046 Sq Ft Lot

HOA Fees

$58 per month

Parking

2

Listing Details

  • Cross Street: McClintock Dr & Elliot Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 57.62
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: TEMPE ROYAL PALMS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 262.4
  • Association Fees:HOA Fee2: 57.62
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 1391.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot
  • Pool Features: Play Pool, Private
  • 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
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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 Pool
  • Association Fee: 57.62
  • Association Fee Frequency: Monthly
  • Association Name: Tempe Royal Palms
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tempe Royal Palms
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Vision Community Man

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: Corona Del Sol High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6046.0
  • Parcel #: 308-01-055

Building Info

  • Builder Name: US Homes

Tax Info

  • Tax Annual Amount: 2449.0
  • Tax Book Number: 308.00
  • Tax Lot: 55
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Bernstein Larry and Bernstein Tamara S
Bought by
Bernstein Larry and Bernstein Tamara S
Current Estimated Value
$486,906

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 17, 2020
Sold by
Zych Gregory J and Wright Karla W
Bought by
Bernstein Larry and Bernstein Tamara S
Seller's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$250,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2019
Sold by
Zych Gregory J
Bought by
Zych Gregory J and Wright Karla M

Purchase Details

Closed on
Jun 26, 2006
Sold by
Koch Danit
Bought by
Zych Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1998
Sold by
Cincera Matthew Brian and Cincera Julie J
Bought by
Koch Danit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1995
Sold by
Cincera Dan A
Bought by
Lukitsch Julie J and Cincera Matthew Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,150
Interest Rate
7.62%
Source: Public Records
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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
Bernstein Larry -- None Available
Bernstein Larry $334,000 Chicago Title Agency
Zych Gregory J -- None Available
Zych Gregory $298,000 Security Title Agency Inc
Koch Danit $124,000 Security Title Agency
Lukitsch Julie J -- Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernstein Larry $250,500
Previous Owner Zych Gregory $149,000
Previous Owner Koch Danit $74,000
Previous Owner Lukitsch Julie J $89,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $365,000 0.0% $262 / Sq Ft
08/18/2020 08/18/20 For Sale $365,000 -- $262 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,799 $25,672 -- --
2024 $2,647 $24,449 -- --
2023 $2,647 $37,620 $7,520 $30,100
2022 $2,524 $28,330 $5,660 $22,670
2021 $2,581 $25,260 $5,050 $20,210
2020 $2,524 $23,750 $4,750 $19,000
2019 $2,449 $21,100 $4,220 $16,880
2018 $2,374 $19,400 $3,880 $15,520
2017 $2,283 $18,680 $3,730 $14,950
2016 $2,304 $18,430 $3,680 $14,750
2015 $2,124 $17,170 $3,430 $13,740
Source: Public Records

Agents Affiliated with this Home

  • Randy Courtney

    Seller's Agent in 2020

    Randy Courtney

    Weichert, Realtors - Courtney Valleywide

    (602) 615-6500

    20 in this area

    286 Total Sales

    Randy Courtney
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6119316

Arizona Regional Multiple Listing Service (ARMLS)

APN: 308-01-055

Arizona Maricopa County Tempe 85284 South Tempe

1942 E Velvet 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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