2003 E Magdalena Dr Tempe, AZ 85283
The Lakes Neighborhood
4
Beds
2
Baths
2,119
Sq Ft
7,906
Sq Ft Lot
Highlights
- 0.18 Acre Lot
- No HOA
- 2 Car Direct Access Garage
- Spanish Architecture
- Covered patio or porch
- 3-minute walk to Optimist Park
About This Home
As of February 2025YOUR CHANCE TO OWN IN THIS PRIME TEMPE LOCATION! Home is located in the well-established and quiet Optimist Park neighborhood just minutes from the 101 Fwy with easy access to the 60 and 10. Optimist Park is two blocks away for your enjoyment. Enjoy proximity to every amenity Tempe has to offer: from sporting events at ASU and cultural events at Gammage performing arts center, to recreation and concerts at Tempe Town Lake along with easy access to all the dining and shopping Tempe is known for! Home features 4 beds/2 baths and lots of storage. Large yard with alley access through double gate. Room to build the pool of your dreams! This home is being sold as-is and is ready for you to customize it to meet your desires! NO HOA.
Last Agent to Sell the Property
Good Oak Real Estate License #SA691477000 Listed on: 07/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,667
Year Built
- Built in 1979
Lot Details
- 7,906 Sq Ft Lot
- Block Wall Fence
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Spanish Architecture
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,119 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Solar Screens
- Family Room with Fireplace
- Laminate Countertops
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Covered patio or porch
Schools
- Fuller Elementary School
- FEES College Preparatory Middle School
- Marcos De Niza High School
Utilities
- Refrigerated and Evaporative Cooling System
- Central Air
- Heating unit installed on the ceiling
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 373
- Assessor Parcel Number 301-97-852
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by Suggs
- Tempe Royal Palms Unit 16 Subdivision
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2025
Closed on
Feb 10, 2025
Sold by
Better Assets Az Inc
Bought by
Clow Tony and Sanchez Carmen
Seller's Agent
Gaby Carder
Real Estate 48
Buyer's Agent
Tia Moore
Nextview Home Professionals LLC
List Price
$729,995
Sold Price
$729,995
Total Days on Market
2
Views
183
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
-$16,111
Avg. Annual Appreciation
-4.67%
Original Mortgage
$429,995
Outstanding Balance
$429,275
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$286,553
Purchase Details
Listed on
Jul 15, 2024
Closed on
Jul 26, 2024
Sold by
Eugene And Marian Romney Trust and Romney Eugene
Bought by
Better Assets Az Inc
Seller's Agent
Erin Greene
Good Oak Real Estate
Buyer's Agent
Matthew Swagerty
Real Estate 48
List Price
$520,000
Sold Price
$467,500
Premium/Discount to List
-$52,500
-10.1%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.54%
Original Mortgage
$420,700
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2013
Sold by
Romney Eugene and Romney Marian Randle
Bought by
Romney Eugene and Romney Marian Randle
Similar Homes in the area
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 | $729,995 | Magnus Title Agency | |
| Warranty Deed | $467,500 | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $429,995 | New Conventional | |
| Previous Owner | $420,700 | New Conventional | |
| Previous Owner | $15,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $729,995 | 0.0% | $344 / Sq Ft |
| 01/18/2025 01/18/25 | For Sale | $729,995 | +56.1% | $344 / Sq Ft |
| 07/26/2024 07/26/24 | Sold | $467,500 | -10.1% | $221 / Sq Ft |
| 07/18/2024 07/18/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | For Sale | $520,000 | -- | $245 / 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 | $2,700 | $27,882 | -- | -- |
| 2024 | $2,667 | $26,554 | -- | -- |
| 2023 | $2,667 | $42,850 | $8,570 | $34,280 |
| 2022 | $2,547 | $31,620 | $6,320 | $25,300 |
| 2021 | $2,597 | $28,680 | $5,730 | $22,950 |
| 2020 | $2,511 | $26,050 | $5,210 | $20,840 |
| 2019 | $2,463 | $24,270 | $4,850 | $19,420 |
| 2018 | $2,396 | $22,400 | $4,480 | $17,920 |
| 2017 | $2,322 | $20,830 | $4,160 | $16,670 |
| 2016 | $2,311 | $21,630 | $4,320 | $17,310 |
| 2015 | $2,235 | $19,770 | $3,950 | $15,820 |
Source: Public Records
Agents Affiliated with this Home
-
Gaby Carder
Seller's Agent in 2025
Gaby Carder
Real Estate 48
(480) 277-2979
2 in this area
158 Total Sales
-
Tia Moore
Buyer's Agent in 2025
Tia Moore
Nextview Home Professionals LLC
(480) 521-6898
2 in this area
87 Total Sales
-
Erin Greene
E
Seller's Agent in 2024
Erin Greene
Good Oak Real Estate
(480) 529-6630
1 in this area
18 Total Sales
-
Matthew Swagerty
Buyer's Agent in 2024
Matthew Swagerty
Real Estate 48
(505) 917-7753
1 in this area
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6731250
APN: 301-97-852
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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