NOT LISTED FOR SALE

1951 E Velvet Dr Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $738,010 - $825,000

4 Beds
2 Baths
2,532 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $349,000 $138 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,378/month

9 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Jettted Tub and Separate Shower in Primary Bathroom
  • C I Waggoner School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of June 2012

LUXURY, PRIVACY, ELEGANCE--ON A QUIET-OVERSIZED CUL-DE-SAC LOT, INCLUDING A SPARKLING BLUE, SELF CLEANING POOL, WITH BEAUTIFUL BOULDER WATER FEATURE. WALK OUT THE BACK FRENCH DOORS TO YOUR GARDEN OASIS WITH LUSH GREENERY, GREEN CARPET OF NATURAL GRASS, CITRUS, OLIVE, PINE TREES. STEP BACK IN FROM EDEN, TO ENJOY UPDATED KITCHEN, TRAVERTINE AND WOOD-LOOK FLOORS. UPDATED KITCHEN/GRANITE LOOK COUNTERS/UPDATED CABINETS. MASTER BATH WITH SNAIL SHOWER SHOWER/JETTED TUB. CUSTOM INTERIOR PAINT, JACK/JILL BATH OTHER BEDROOMS. EXTENDED GARAGE-HUGE QUIET CUL-DE-SAC- INVITING FOUNTAIN AT ENTRY.

Last Agent to Sell the Property

Dan Krison

My Home Group Real Estate License #SA018622000 Listed on: 05/10/2012

My Home Group Real Estate

Last Buyer's Agent

Kristine Lahman

Century 21 Arizona Foothills License #SA043455000

Century 21 Arizona Foothills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • Property fronts an alley
  • Cul-De-Sac
  • Block Wall Fence
  • Misting System

Home Design

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

Interior Spaces

  • 2,532 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Jettted Tub and Separate Shower in Primary Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Gated

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • Cable TV Available

Community Details

  • $2,498 per year Dock Fee
  • Association fees include no fees
  • Built by US HOME

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Tax Municipality: Tempe
  • Cross Street: ELLIOT & MCCLINTOCK
  • Legal Info Lot Number: 646
  • Property Type: A
  • Unit Style: All on One Level
  • Technology: Cable TV Avail
  • Assessor Parcel Number: 401.00
  • Legal Description Abbrev: Tempe Royal Palms 18 Amd Lt 446-826
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 301-50-401
  • Construction Finish: Painted, Siding, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 42FRDXP2G
  • Bathrooms Year Updated: 2003
  • Items Updated Floor Yr Updated: 2011
  • Items Updated Kitchen Yr Updated: 2011
  • Items Updated Pool Yr Updated: 2003
  • Map Code Grid: S37
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 137.83
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1984
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Drink Wtr Filter Sys, Vaulted Ceiling(s), Wet Bar
  • Bedrooms: 4
  • Bedrooms Plus: 4.00
  • Other Rooms: Family Room
  • Bathrooms: 2.00
  • Laundry: Inside
  • Flooring: Laminate, Tile
  • Fireplace: 1 Fireplace, Fireplace Family Rm
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Bar, Dining in FR, Formal
  • Estimated Lot Sq Ft: 12602.00
  • Estimated Sq Ft: 2532.00
  • Kitchen Features: Built-in Microwave, Cook Top Elec, Dishwasher, Disposal, Kitchen Island, Multiple Ovens, Non-laminate Counter, Pantry, Wall Oven(s)
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Grass Back, Gravel/Stone Back, Gravel/Stone Front
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Construction: Block, Frame - Wood
  • Exterior Features: Covered Patio(s), Misting System, Storage
  • Pool Private: Private

Garage/Parking

  • Parking Features: Electric Door Opener, Extnded Lngth Garage, RV Gate

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Fee Include: No Fees

Schools

  • Elementary School: Kyrene de los Ninos School
  • High School: Corona Del Sol High School
  • Jr High School: Kyrene Middle School

Lot Info

  • Property Description: Alley, Cul-De-Sac Lot

Building Info

  • Builder Name: US HOME

Tax Info

  • Taxes: 2498.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Jun 12, 2012
Sold by
Reichling Michael and French Rosina
Bought by
Boyd Basil J and Heller Emily A
Seller's Agent
Dan Krison
My Home Group Real Estate
Buyer's Agent
Kristine Lahman
Century 21 Arizona Foothills
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$785,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,503
Avg. Annual Appreciation
6.16%
Original Mortgage
$249,000
Outstanding Balance
$171,835
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$613,668

Purchase Details

Closed on
Aug 31, 2010
Sold by
Reichling Michael and French Rosina
Bought by
Reichling Michael and French Rosina

Purchase Details

Closed on
Aug 1, 2003
Sold by
Severe Salvatore F and Heckman Dianne M
Bought by
Reichling Michael and French Rosina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.17%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Boyd Basil J $349,000 Magnus Title Agency
Reichling Michael -- None Available
Reichling Michael $295,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Basil J $249,000
Previous Owner Reichling Michael $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $349,000 0.0% $138 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $349,000 -- $138 / 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 $3,731 $39,716 -- --
2024 $3,499 $37,825 -- --
2023 $3,499 $51,150 $10,230 $40,920
2022 $3,318 $39,210 $7,840 $31,370
2021 $3,447 $36,980 $7,390 $29,590
2020 $3,365 $35,730 $7,140 $28,590
2019 $3,259 $34,110 $6,820 $27,290
2018 $3,149 $32,080 $6,410 $25,670
2017 $3,019 $30,480 $6,090 $24,390
2016 $3,061 $31,530 $6,300 $25,230
2015 $2,828 $28,380 $5,670 $22,710
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dan Krison

    My Home Group

    (480) 730-3315

    1 Total Sale

    Dan Krison
    Section Image
  • Kristine Lahman

    Buyer's Agent in 2012

    Kristine Lahman

    Century 21 Arizona Foothills

    (480) 239-2027

    33 Total Sales

    Kristine Lahman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4757790

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-50-401

Arizona Maricopa County Tempe 85284 South Tempe

1951 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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