NOT LISTED FOR SALE

1950 E Southern Ave Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $4,699,747

-- Bed
-- Bath
22,568 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 1950 E Southern Ave, Tempe, AZ 85282 and is currently estimated at $4,699,747, approximately $208 per square foot. 1950 E Southern Ave is a home located in Maricopa County with nearby schools including Curry Elementary School, Connolly Middle School, and McClintock High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Tierra Fireme One Llc
Bought by
Shalimar Southern Partners Lp
Current Estimated Value
$4,699,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,603,750
Outstanding Balance
$2,324,528
Interest Rate
3.82%
Mortgage Type
Small Business Administration
Estimated Equity
$2,516,705

Purchase Details

Closed on
Sep 4, 1996
Sold by
Guglielmo Robert and Guglielmo Ramilda
Bought by
Tierra Firme One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 1996
Sold by
Scapa & Associates Inc
Bought by
Guglielmo Robert F and Guglielmo Ramilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 1996
Sold by
Neely Louise and The Rex L Neely Trust
Bought by
Scapa & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1994
Sold by
Rex L Neely Farms
Bought by
Eq & Db Properties L L C

Purchase Details

Closed on
Jun 23, 1994
Sold by
Shalimar Square Ltd Liability Company
Bought by
Rex L Neely Farms

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shalimar Southern Partners Lp $3,185,000 None Available
Tierra Firme One Llc -- Chicago Title Insurance Co
Guglielmo Robert F $1,350,000 Chicago Title Insurance Co
Scapa & Associates Inc $1,205,000 Chicago Title Insurance Co
Eq & Db Properties L L C $600,000 Chicago Title Insurance Co
Rex L Neely Farms $535,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shalimar Southern Partners Lp $2,603,750
Previous Owner Tierra Firme One Llc $350,000
Previous Owner Guglielmo Robert F $350,000
Previous Owner Scapa & Associates Inc $200,000
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 $48,303 $418,144 -- --
2024 $49,167 $410,677 -- --
2023 $49,167 $868,292 $295,086 $573,206
2022 $48,550 $677,705 $142,695 $535,010
2021 $50,282 $480,096 $146,772 $333,324
2020 $48,755 $484,830 $151,380 $333,450
2019 $47,831 $441,900 $134,514 $307,386
2018 $46,643 $427,950 $152,766 $275,184
2017 $45,255 $366,156 $141,444 $224,712
2016 $44,936 $329,742 $122,994 $206,748
2015 $44,358 $313,816 $103,230 $210,586
Source: Public Records

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