NOT LISTED FOR SALE

1975 E Colgate Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $328,552 - $361,000

3 Beds
2 Baths
1,330 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $150,000 $113 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,003/month

4 Days on Market

Highlights

  • Community Pool
  • Double Pane Windows
  • Tile Flooring
  • Covered Patio or Porch
  • Security System Owned
  • Property is near a bus stop

About This Home

As of July 2015

Excellent Tempe location for this three bedroom two bath home. Lots of tile floors. Skylight gives natural light to dining area that is open to the great room. Home is block construction. Patio backs up to large grassy common area with huge trees and community pool. Close to shopping and freeway.

Last Agent to Sell the Property

Kevin Strogen

Keller Williams Realty East Valley License #SA655768000 Listed on: 06/12/2015

Keller Williams Realty East Valley

Co-Listed By

Garrett Lines

Keller Williams Realty East Valley License #SA526644000

Last Buyer's Agent

Greg Sidoff

West USA Realty License #SA562142000

West USA Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $925

Year Built

  • Built in 1973

Lot Details

  • 3,598 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Block Wall Fence

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Tile Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Security System Owned
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Fuller Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 301-01-742

Community Details

Overview

  • Association fees include ground maintenance, roof replacement
  • Colonia Del Sur #3 Association
  • Built by Continental
  • Colonia Del Sur Unit 4 Amd Subdivision

Recreation

  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$925

Year Built

Built in 1973

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Cross Street: McClintock/Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 84.0
  • Basement: N
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2014
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: COLONIA DEL SUR UNIT 4 AMD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 112.78
  • Association Fees:HOA Fee2: 84.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1330.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Fee: 84.0
  • Association Fee Frequency: Monthly
  • Association Name: Colonia Del Sur #3
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 380.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Colonia Del Sur #3
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Roof Replacement: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Roof Replacement

Schools

  • Elementary School: Fuller Elementary School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3598.0
  • Parcel #: 301-01-742
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 925.0
  • Tax Book Number: 301.00
  • Tax Lot: 217
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jul 9, 2015
Sold by
Loughlin Kathryn O
Bought by
Hornback Scott A and Hornback Melissa C
Seller's Agent
Kevin Strogen
Keller Williams Realty East Valley
Buyer's Agent
Greg Sidoff
West USA Realty
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%
Current Estimated Value
$347,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,581
Avg. Annual Appreciation
8.40%
Original Mortgage
$147,283
Outstanding Balance
$116,850
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$232,288

Purchase Details

Closed on
Dec 5, 2011
Sold by
Erb Rebecca
Bought by
Loughlin Kathryn O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,050
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2007
Sold by
Demartini Denise L
Bought by
Erb Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2003
Sold by
Pearce Andrew W and Proctor Lynda
Bought by
Demartini Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1997
Sold by
Cosgrove James D and Cosgrove R
Bought by
Pearce Andrew W and Proctor Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,924
Interest Rate
8.13%
Mortgage Type
FHA
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
Hornback Scott A $150,000 Intravest Title Agency Inc
Loughlin Kathryn O $75,000 Infinity Title Agency
Erb Rebecca $198,500 Capital Title Agency Inc
Demartini Denise L $123,900 Ticor Title Agency Of Az Inc
Pearce Andrew W $84,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornback Scott A $147,283
Previous Owner Loughlin Kathryn O $73,050
Previous Owner Erb Rebecca $198,500
Previous Owner Demartini Denise L $93,900
Previous Owner Pearce Andrew W $82,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $150,000 +7.1% $113 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $140,000 -- $105 / 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 $1,177 $11,288 -- --
2024 $1,080 $10,751 -- --
2023 $1,080 $24,850 $4,970 $19,880
2022 $1,031 $19,710 $3,940 $15,770
2021 $1,052 $18,410 $3,680 $14,730
2020 $1,017 $16,910 $3,380 $13,530
2019 $997 $14,750 $2,950 $11,800
2018 $970 $13,210 $2,640 $10,570
2017 $940 $12,120 $2,420 $9,700
2016 $936 $11,010 $2,200 $8,810
2015 $905 $9,530 $1,900 $7,630
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kevin Strogen

    Keller Williams Realty East Valley

    Section Image
  • Garrett Lines

    Seller Co-Listing Agent in 2015

    Garrett Lines

    Keller Williams Realty East Valley

    (480) 444-2270

    3 in this area

    134 Total Sales

    Garrett Lines
    Section Image
  • Greg Sidoff

    Buyer's Agent in 2015

    Greg Sidoff

    West USA Realty

    (602) 740-3257

    1 in this area

    32 Total Sales

    Greg Sidoff
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5293729

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-01-742

Arizona Maricopa County Tempe 85283 The Lakes

1975 E Colgate Dr, Tempe, AZ

Not Listed for Sale

Townhouses

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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