1985 E Rice Dr Tempe, AZ 85283
The Lakes Neighborhood
3
Beds
2
Baths
1,840
Sq Ft
0.26
Acres
Highlights
- RV Garage
- 0.26 Acre Lot
- 1 Fireplace
- Solar Power System
- Wood Flooring
- Granite Countertops
About This Home
As of January 2025LISTED BELOW APPRAISAL = INSTANT EQUITY! Great Location, Tons of Storage and Close to Freeways! Well maintained & clean 3/2 home with large updated kitchen, lots of hickory cabinets, granite countertops and built in desk work area and fireplace. 320sf bonus room with travertine tile for extra space. New carpet in 2013. Inside laundry with w/d included. If you are looking for a big tall workshop, exterior storage & parking, this is the place! 800sf workshop in back with power and easy access. 25ft Alley gate and front gate access big enough to drive in your boat, mid-size camper, work vehicles, trailers, tools, toys and much more. Why pay for a Storage Unit when you can keep your business equipment or toys safely at home? Storage area is one half of huge oversized lot separated from good size grassy backyard that has large covered patio, fire pit and garden area. One of the biggest lots in the neighborhood. Newer roof from 2009 with solar panels. Save money on your power bill every month! 1/2 mile from 101 Fwy and 60 Fwy, close to ASU. Great Tempe location close to everything, good neighbors, and great K-5 school right down the street.
Last Agent to Sell the Property
Patricia O'Dwyer
CPA Advantage Realty, LLC License #SA640101000 Listed on: 07/02/2014
Co-Listed By
Randall O'Dwyer
CPA Advantage Realty, LLC License #SA640305000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,192
Year Built
- Built in 1975
Lot Details
- 0.26 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Backyard Sprinklers
- Grass Covered Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Interior Spaces
- 1,840 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Double Pane Windows
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Cooktop
- Granite Countertops
Flooring
- Wood
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Detached Garage
- 3 Open Parking Spaces
- Oversized Parking
- Garage ceiling height seven feet or more
- RV Garage
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Schools
- Marcos De Niza High School
Utilities
- Central Air
- Heating Available
- Cable TV Available
Additional Features
- Solar Power System
- Property is near a bus stop
Listing and Financial Details
- Tax Lot 1033
- Assessor Parcel Number 301-01-694
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Knoell Tempe 5 Subdivision
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2024
Closed on
Jan 30, 2025
Sold by
Okamoto Lucas
Bought by
Warren Kathlene A
Seller's Agent
Shane Sinnema
DeLex Realty
Buyer's Agent
Kathlene Warren
Real Broker
List Price
$489,990
Sold Price
$430,000
Premium/Discount to List
-$59,990
-12.24%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,611
Avg. Annual Appreciation
7.35%
Original Mortgage
$301,000
Outstanding Balance
$300,477
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$147,909
Purchase Details
Listed on
Jul 2, 2014
Closed on
Oct 20, 2014
Sold by
Baker Thomas K and Monfette Baker Amy M
Bought by
Okamoto Lucas
Seller's Agent
Patricia O'Dwyer
CPA Advantage Realty, LLC
Buyer's Agent
Shane Sinnema
DeLex Realty
List Price
$279,900
Sold Price
$235,000
Premium/Discount to List
-$44,900
-16.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$211,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 1999
Sold by
Noble William and Noble Bill
Bought by
Baker Thomas K and Monfette Baker Amy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 1994
Sold by
Olson Steven T and Olson Sharon M
Bought by
Noble Bill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.35%
Mortgage Type
New Conventional
Similar Home in Tempe, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | Roc Title Agency | |
| Warranty Deed | $235,000 | Clear Title Agency | |
| Warranty Deed | $110,000 | Security Title Agency | |
| Warranty Deed | $83,500 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $301,000 | New Conventional | |
| Previous Owner | $211,500 | New Conventional | |
| Previous Owner | $184,450 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $129,000 | Credit Line Revolving | |
| Previous Owner | $117,600 | Credit Line Revolving | |
| Previous Owner | $49,800 | Credit Line Revolving | |
| Previous Owner | $104,500 | New Conventional | |
| Previous Owner | $43,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $430,000 | -12.2% | $234 / Sq Ft |
| 11/01/2024 11/01/24 | For Sale | $489,990 | +108.5% | $266 / Sq Ft |
| 11/24/2014 11/24/14 | Sold | $235,000 | 0.0% | $128 / Sq Ft |
| 10/17/2014 10/17/14 | Pending | -- | -- | -- |
| 09/15/2014 09/15/14 | Price Changed | $235,000 | -4.0% | $128 / Sq Ft |
| 08/31/2014 08/31/14 | Price Changed | $244,900 | -2.0% | $133 / Sq Ft |
| 08/25/2014 08/25/14 | Price Changed | $249,900 | -2.0% | $136 / Sq Ft |
| 08/14/2014 08/14/14 | Price Changed | $254,900 | -1.9% | $139 / Sq Ft |
| 07/18/2014 07/18/14 | Price Changed | $259,900 | -3.7% | $141 / Sq Ft |
| 07/11/2014 07/11/14 | Price Changed | $269,900 | -3.6% | $147 / Sq Ft |
| 07/02/2014 07/02/14 | For Sale | $279,900 | -- | $152 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,200 | $26,100 | -- | -- |
| 2024 | $2,497 | $24,857 | -- | -- |
| 2023 | $2,497 | $40,770 | $8,150 | $32,620 |
| 2022 | $2,384 | $29,850 | $5,970 | $23,880 |
| 2021 | $2,431 | $27,910 | $5,580 | $22,330 |
| 2020 | $2,351 | $26,410 | $5,280 | $21,130 |
| 2019 | $2,305 | $24,320 | $4,860 | $19,460 |
| 2018 | $2,243 | $22,210 | $4,440 | $17,770 |
| 2017 | $2,174 | $20,400 | $4,080 | $16,320 |
| 2016 | $2,163 | $20,230 | $4,040 | $16,190 |
| 2015 | $2,092 | $18,110 | $3,620 | $14,490 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Sinnema
Seller's Agent in 2025
Shane Sinnema
DeLex Realty
(602) 315-2327
1 in this area
7 Total Sales
-
Kathlene Warren
K
Buyer's Agent in 2025
Kathlene Warren
Real Broker
1 in this area
1 Total Sale
-
P
Seller's Agent in 2014
Patricia O'Dwyer
CPA Advantage Realty, LLC
-
R
Seller Co-Listing Agent in 2014
Randall O'Dwyer
CPA Advantage Realty, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5139275
APN: 301-01-694
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.
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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