RENTED JUN 5, 2026

1945 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $610,021 - $685,000

3 Beds
2 Baths
1,997 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2018

Last sale price $368,500 $185 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,778 / mo

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Den
  • C I Waggoner School Rated A-
  • No HOA
  • Covered Patio or Porch

About This Home

As of June 2026

Wonderful 3 bedroom, 2 bathroom corner lot available May 1st in Tempe. Close to ASU and located in the Kyrene school district. You will love this stunner. Front yard and backyard have been updated and so has the inside. No HOA on the property and landscaping is included in the price. Home boasts high ceilings & has a fireplace. Kitchen is upgraded with stainless steel appliances and quartz countertops and eat in kitchen. Bathrooms are updated. Owner has left the washer and dryer for your use. Lots of storage in this property and 2 car garage. Home is located close to schools, restaurants and shopping. Easy access to multiple freeways and 15 minutes into the airport. Come, Show and rent, you will not be disappointed.

Last Agent to Rent the Property

Ann Gregory

Gregory Real Estate and Mgnt License #BR543155000 Listed on: 04/03/2026

Last Renter's Agent

Sandi King

HomeSmart License #SA571397000

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 9,217 Sq Ft Lot
  • Desert faces the front and back of the property

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,997 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Schools

  • C I Waggoner Elementary School
  • Kyrene Middle School
  • Corona Del Sol High School

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Built by US Home Corp
  • Tempe Royal Palms Unit 18 Amd Subdivision

Listing and Financial Details

  • Property Available on 6/1/26
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 649
  • Assessor Parcel Number 301-50-404

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

9,217 Sq Ft Lot

Parking

2

Rental Info

  • Rent Includes: Gardening Service
  • Available Date: 2026-06-01

Listing Details

  • Cross Street: McClintock & Elliott
  • Property Type: Residential Lease
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1984
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: TEMPE ROYAL PALMS UNIT 18 AMD
  • Property Attached Yn: No
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Ceiling Fan(s)
  • Other Rooms:Other Rooms: Den/Office
  • Technology:Technology: Cable TV Avail, High Speed Internet
  • Lease Information:Lease Information: Management - Broker, No Smoking Allowed, Application Lister's, Lister Writes Lease
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Wood, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Breakfast Bar, Eat-in Kitchen, Pantry, High Speed Internet, Vaulted Ceiling(s)
  • Living Area: 1997.0
  • Stories: 1
  • Window Features: Blinds
  • Dining Area:Dining Area: Breakfast Bar, Dining in LR/GR, Eat-in Kitchen
  • Interior Features:Interior Features: Vaulted Ceiling(s)
  • Kitchen Features:Kitchen Features: Disposal, Dishwasher, Refrigerator, Pantry, Microwave, Stove Top
  • Master Bathroom:Master Bathroom: Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Private Toilet Room
  • Laundry Features:Laundry Features: Dryer Included, Washer Included
  • Window Coverings:Window Coverings: Blinds

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: All on One Level
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: C I Waggoner School
  • High School: Corona Del Sol High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Lot Size Sq Ft: 9217.0
  • Parcel #: 301-50-404

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Book Number: 301.0
  • Tax Lot: 649
  • Tax Map Number: 50.0

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

Listed on
Mar 17, 2018
Closed on
Apr 9, 2018
Sold by
Bought by
Seller's Agent
Megan Faber
Real Broker
Buyer's Agent
Allison Salcido
Realty ONE Group
List Price
$360,000
Sold Price
$368,500
Premium/Discount to List
$8,500
2.36%
Current Estimated Value
$650,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,505
Avg. Annual Appreciation
7.09%
Original Mortgage
$350,075
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2005
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
$196,500
Interest Rate
0.0512%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
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
$21,400
Interest Rate
0.058%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$368,500 Fidelity National Title Agen
-- None Available
-- --
$214,000 Stewart Title & Trust
-- --
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 $347,000
Closed $350,075
Previous Owner $196,500
Previous Owner $21,400
Previous Owner $171,200
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2026 06/05/26 Rented $3,449 +1.5% --
06/04/2026 06/04/26 Under Contract -- -- --
05/15/2026 05/15/26 Price Changed $3,399 -2.9% $2 / Sq Ft
04/03/2026 04/03/26 For Rent $3,499 -2.8% --
05/01/2024 05/01/24 Rented $3,599 +2.9% --
04/26/2024 04/26/24 Under Contract -- -- --
04/15/2024 04/15/24 For Rent $3,499 0.0% --
04/11/2018 04/11/18 Sold $368,500 +2.4% $185 / Sq Ft View Prior Sale
03/17/2018 03/17/18 For Sale $360,000 0.0% $180 / Sq Ft
08/13/2016 08/13/16 Rented $1,800 0.0% --
07/22/2016 07/22/16 Price Changed $1,800 -10.0% $1 / Sq Ft
07/12/2016 07/12/16 For Rent $2,000 +54.4% --
09/16/2013 09/16/13 Rented $1,295 0.0% --
08/27/2013 08/27/13 Under Contract -- -- --
08/21/2013 08/21/13 For Rent $1,295 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,950 $31,645
2024 $2,788 $30,138
2023 $2,788 $43,030 $8,600 $34,430
2022 $2,643 $32,950 $6,590 $26,360
2021 $2,747 $30,950 $6,190 $24,760
2020 $2,681 $29,470 $5,890 $23,580
2019 $2,596 $27,860 $5,570 $22,290
2018 $2,509 $25,980 $5,190 $20,790
2017 $2,814 $24,410 $4,880 $19,530
2016 $2,840 $24,630 $4,920 $19,710
2015 $2,619 $22,420 $4,480 $17,940
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2026

    Ann Gregory

    Gregory Real Estate and Mgnt

    (602) 989-3411

    Ann Gregory
    Section Image
  • Sandi King

    Tenant's Agent in 2026

    Sandi King

    HomeSmart

    (480) 332-9015

    55 Total Sales

    Sandi King
    Section Image

  • T

    Buyer's Agent in 2024

    Ted Starnes

    Consolidated Asset Mgmt, Inc

    (480) 570-8441

    Ted Starnes
    Section Image
  • Megan Faber

    Seller's Agent in 2018

    Megan Faber

    Real Broker

    (480) 822-8980

    116 Total Sales

    Megan Faber
    Section Image

  • A

    Buyer's Agent in 2018

    Allison Salcido

    Realty One Group

    (480) 202-0030

    3 Total Sales

    Allison Salcido
    Section Image

  • M

    Seller's Agent in 2016

    Marie Kaihau

    HomeSmart

    (480) 862-5069

    21 Total Sales

    Marie Kaihau
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7008842

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-50-404

Arizona Maricopa County Tempe 85284 South Tempe

1945 E Velvet Dr, Tempe, AZ

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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