NOT LISTED FOR SALE

2040 E Yale Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $494,345 - $524,000

4 Beds
2 Baths
1,652 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 14, 2014

Last sale price $212,000 $128 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,887/month

92 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Property is near a bus stop
  • 0.17 Acre Lot
  • Covered Patio or Porch
  • Central Air

About This Home

As of October 2014

*Price Reduced $15k!*Roomy 4 bedroom, fenced diving pool! Prime Tempe location, seconds from 101 and 60! Fantastic backyard, north side covered patio, poolside BBQ, privacy fence. Mature landscaping, automatic water. Well maintained, family owned 12 yrs. Quality roof in 2012 w/warranty. All exterior paint is brand new. New ceramic tile in large kitchen. All late model appliances incl - SS dishwasher, side-by-side frig, flat-top stove, washer/dryer. Inviting, open floor plan, kitchen/family room. Brick fireplace in family room. Energy efficient block construction. Ceiling fans in every room. Large 2 car garage with remote openers. 6 houses from Fuller Elem and Optimist Park! Great home for your family or excellent investment opportunity. No HOA.

Last Agent to Sell the Property

Chris Harvey

HomeSmart License #BR009240000 Listed on: 06/15/2014

HomeSmart

Last Buyer's Agent

David Larsen

West USA Realty License #SA019951000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1974

Lot Details

  • 7,353 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool
  • Diving Board

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Knoell
  • Knoell Tempe Unit 6 Subdivision

Listing and Financial Details

  • Tax Lot 1275
  • Assessor Parcel Number 305-01-227

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,910

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 101/Baseline West on Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2013
  • Directions: 101/Baseline : West on Baseline, South on Country Club, East on Yale
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Knoell tempe unit 6
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1652.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Fenced, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 7353.0
  • Parcel #: 305-01-227

Building Info

  • Builder Name: Knoell

Tax Info

  • Tax Annual Amount: 1910.0
  • Tax Book Number: 305.00
  • Tax Lot: 1275
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Saga Holdings Llc
Bought by
Rs Xii Phoenix Owner 2 Llc
Current Estimated Value
$505,336

Purchase Details

Closed on
May 14, 2020
Sold by
Aiello Samuel R and Aiello Gloria
Bought by
Saga Holdigns Llc

Purchase Details

Listed on
Jun 15, 2014
Closed on
Oct 2, 2014
Sold by
Shaw Dale K and Shaw Derek D
Bought by
Aiello Samuel R and Aiello Gloria
Seller's Agent
Chris Harvey
HomeSmart
Buyer's Agent
David Larsen
West USA Realty
List Price
$234,900
Sold Price
$212,000
Premium/Discount to List
-$22,900
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$169,600
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Smith William L and Smith Carlana J
Bought by
Shaw Dale K and Shaw Derek D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1996
Sold by
Sproch Donald R and Sproch Susan A
Bought by
Smith William L and Smith Carlana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,908
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1995
Sold by
Nicolazzo Patricia L
Bought by
Sproch Susan A and Sproch Donald R
Source: Public Records

Range of Values:

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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
Rs Xii Phoenix Owner 2 Llc $430,000 First American Title Ins Co
Saga Holdigns Llc -- None Available
Aiello Samuel R $212,000 American Title Svc Agency Ll
Shaw Dale K $154,000 Grand Canyon Title Agency In
Smith William L -- Fidelity Title
Sproch Susan A -- --
Nicolazzo Patricia L -- --
Nicolazzo Patricia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aiello Samuel R $169,600
Previous Owner Shaw Dale K $123,200
Previous Owner Smith William L $104,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $212,000 -3.6% $128 / Sq Ft
08/29/2014 08/29/14 Price Changed $219,900 -0.7% $133 / Sq Ft
08/18/2014 08/18/14 Price Changed $221,500 -0.2% $134 / Sq Ft
08/15/2014 08/15/14 Price Changed $221,900 -0.4% $134 / Sq Ft
08/08/2014 08/08/14 Price Changed $222,900 -3.0% $135 / Sq Ft
07/16/2014 07/16/14 Price Changed $229,900 -2.1% $139 / Sq Ft
06/15/2014 06/15/14 For Sale $234,900 -- $142 / 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 $2,619 $23,380 -- --
2024 $2,587 $22,267 -- --
2023 $2,587 $37,260 $7,450 $29,810
2022 $2,482 $28,480 $5,690 $22,790
2021 $2,499 $26,020 $5,200 $20,820
2020 $2,423 $23,150 $4,630 $18,520
2019 $2,377 $22,800 $4,560 $18,240
2018 $2,318 $20,680 $4,130 $16,550
2017 $2,249 $18,800 $3,760 $15,040
2016 $2,233 $18,160 $3,630 $14,530
2015 $2,145 $16,220 $3,240 $12,980
Source: Public Records

Agents Affiliated with this Home

  • Chris Harvey

    Seller's Agent in 2014

    Chris Harvey

    HomeSmart

    (602) 703-5757

    54 Total Sales

    Chris Harvey
    Section Image
  • David Larsen

    Buyer's Agent in 2014

    David Larsen

    West USA Realty

    (602) 430-5755

    1 in this area

    103 Total Sales

    David Larsen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5131157

Arizona Regional Multiple Listing Service (ARMLS)

APN: 305-01-227

Arizona Maricopa County Tempe 85283 The Lakes

2040 E Yale Dr, Tempe, AZ

This home is located at 2040 E Yale Dr, Tempe, AZ 85283 since 15 June 2014 and is currently estimated at $505,336, approximately $305 per square foot. This property was built in 1974. 2040 E Yale Dr is a home located in Maricopa County with nearby schools including Fuller Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

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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