NOT LISTED FOR SALE

2048 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $488,000 - $533,000

3 Beds
2 Baths
1,773 Sq Ft
$292/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $493,000 $278 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,933/month

1 Day on Market

Highlights

  • Private Pool
  • Corner Lot
  • Covered Patio or Porch
  • 0.21 Acre Lot
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of July 2023

At the corner of Cornell & Cornell, in the S. Tempe neighborhood of Optimist Park, there's the BEST priced 3bed/2bath home w/a pool in 85283! With prime features like: solid BLOCK construction, north/south face, wood-like floors in key areas, updated shaker style kitchen cabinets, freshly painted interior, brick gas fireplace, easy care desert front, party ready backyard w/an extended patio & resurfaced pebble tec DIVING pool, plus grass and an herb garden for green thumbs, and a LARGE secondary bedroom with its own exit. Down the street is the city's, 1 mile, El Paso Pathway for walking and biking. Centrally located, it is an easy commute to many places via the 60 & 101. Nearby shopping and restaurants round out what makes it a great place to call home! Come and see today! NO HOA!

Last Agent to Sell the Property

Dolores Martin

Good Oak Real Estate License #SA548372000 Listed on: 05/24/2023

Good Oak Real Estate

Last Buyer's Agent

Scott Cook

RE/MAX Solutions License #BR564464000

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1974

Lot Details

  • 8,952 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1228
  • Assessor Parcel Number 305-01-180

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,323

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Guadalupe and McClintock
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: KNOELL TEMPE UNIT 6
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 278.05
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1773.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Corner Lot, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 8952.0
  • Parcel #: 305-01-180

Building Info

  • Builder Name: Knoell Homes

Tax Info

  • Tax Annual Amount: 2323.0
  • Tax Book Number: 305.00
  • Tax Lot: 1228
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2021
Sold by
Sarsam Sue Ellen
Bought by
Mehrer Emery Ladean and Sarsam Sue Ellen
Current Estimated Value
$517,570

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 25, 2013
Sold by
Spelmann Charles
Bought by
Sarsam Sue Ellen
Seller's Agent
Ted Harden
HomeSmart
Buyer's Agent
Dolores Martin
Good Oak Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$213,750
Outstanding Balance
$151,247
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$366,323

Purchase Details

Closed on
Jan 30, 2001
Sold by
Baker Debra A and Morrow Debra A
Bought by
Spellman Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mehrer Emery Ladean -- None Available
Sarsam Sue Ellen $225,000 First American Title Ins Co
Spellman Charles D $153,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarsam Sue Ellen $213,750
Previous Owner Spellman Charles D $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $493,000 +1.6% $278 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $485,000 +115.6% $274 / Sq Ft
04/29/2013 04/29/13 Sold $225,000 0.0% $127 / Sq Ft View Prior Sale
03/15/2013 03/15/13 For Sale $225,000 -- $127 / 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 $2,651 $25,433 -- --
2024 $2,433 $24,222 -- --
2023 $2,433 $39,420 $7,880 $31,540
2022 $2,323 $30,210 $6,040 $24,170
2021 $2,369 $27,700 $5,540 $22,160
2020 $2,290 $24,750 $4,950 $19,800
2019 $2,246 $24,380 $4,870 $19,510
2018 $2,186 $22,260 $4,450 $17,810
2017 $2,118 $20,310 $4,060 $16,250
2016 $2,108 $19,760 $3,950 $15,810
2015 $2,039 $17,660 $3,530 $14,130
Source: Public Records

Agents Affiliated with this Home

  • Dolores Martin

    Seller's Agent in 2023

    Dolores Martin

    Good Oak Real Estate

    (602) 809-0069

    1 in this area

    41 Total Sales

    Dolores Martin
    Section Image
  • Scott Cook

    Buyer's Agent in 2023

    Scott Cook

    RE/MAX

    (480) 993-9317

    2 in this area

    165 Total Sales

    Scott Cook
    Section Image
  • Ted Harden

    Seller's Agent in 2013

    Ted Harden

    HomeSmart

    (480) 241-3598

    2 in this area

    8 Total Sales

    Ted Harden
    Section Image
  • Diane Harden

    Seller Co-Listing Agent in 2013

    Diane Harden

    HomeSmart

    (480) 839-6600

    1 in this area

    38 Total Sales

    Diane Harden
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6560620

Arizona Regional Multiple Listing Service (ARMLS)

APN: 305-01-180

Arizona Maricopa County Tempe 85283 The Lakes

2048 E Cornell 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

Nearby Homes