NOT LISTED FOR SALE

2171 E Ellis Dr Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $406,000 - $429,000

4 Beds
2 Baths
1,746 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $429,000 $246 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,512/month

43 Days on Market

Highlights

  • End Unit
  • Private Yard
  • Tennis Courts
  • Furnished
  • Community Pool
  • Covered Patio or Porch

About This Home

As of February 2024

Charming 4-bed, 2-bath condo in a prime location, currently operating as a successful Airbnb with a professional management company overseeing daily operations. This turnkey investment offers a modern, fully furnished interior, spacious living areas, and updated amenities. Ideal for those seeking a hassle-free investment in a sought-after area. Great opportunity for both seasoned and new investors!

Last Agent to Sell the Property

Tricia Manara

Manara Properties, LLC License #BR567772000 Listed on: 11/29/2023

Last Buyer's Agent

Mark Sumstine

Realty ONE Group License #SA632021000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1973

Lot Details

  • 5,079 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Desert faces the back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $222 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,746 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vinyl Clad Windows

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Floors Updated in 2023
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near bus stop

Schools

  • Fuller Elementary School
  • FEES College Preparatory Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 443
  • Assessor Parcel Number 133-35-342

Community Details

Overview

  • Association fees include ground maintenance, trash
  • Continental Viilas E Association, Phone Number (602) 871-8231
  • Continental Villas East Unit 3 Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,718

Year Built

Built in 1973

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Cross Street: Baseline/101
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 222.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2023
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: CONTINENTAL VILLAS EAST UNIT 3
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 245.7
  • Association Fees:HOA Fee2: 222.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Furnished(See Rmrks), 3/4 Bath Master Bdrm
  • Living Area: 1746.0
  • Stories: 1
  • Window Features: Vinyl Frame
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Alley, Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Tennis Court(s), Playground
  • Association Fee: 222.0
  • Association Fee Frequency: Monthly
  • Association Name: Continental Viilas E
  • Phone: 602-871-8231
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Continental Viilas E
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Trash

Schools

  • Elementary School: Fuller Elementary School
  • High School: McClintock 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: 5079.0
  • Parcel #: 133-35-342

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1718.0
  • Tax Book Number: 133.00
  • Tax Lot: 443
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Feb 20, 2024
Sold by
Better Neighborhoods Llc
Bought by
Locy Kassandra and Locy Liane M
Seller's Agent
Tricia Manara
Manara Properties, LLC
Buyer's Agent
Mark Sumstine
Realty ONE Group
List Price
$435,000
Sold Price
$429,000
Premium/Discount to List
-$6,000
-1.38%
Views
192
Current Estimated Value
$412,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,308
Avg. Annual Appreciation
-2.04%
Original Mortgage
$407,550
Outstanding Balance
$400,361
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$12,331

Purchase Details

Closed on
Aug 27, 2019
Sold by
Lieberman Gary Joel and Lieberman Kathleen Alice
Bought by
Better Neighborhoods Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2005
Sold by
Lieberman Gary J and Lieberman Kathleen A
Bought by
Lieberman Gary Joel and Lieberman Kathleen Alice

Purchase Details

Closed on
Jun 8, 2000
Sold by
Lewis Thomas L
Bought by
Lieberman Gary J and Lieberman Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Schrieber Dale M and Schrieber Kay M
Bought by
Lewis Thomas L and Lewis Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,714
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1995
Sold by
Trauscht Michael E
Bought by
Schrieber Dale M and Schrieber Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Locy Kassandra $429,000 Roc Title Agency
Better Neighborhoods Llc $202,000 Encore Title Agency
Lieberman Gary Joel -- --
Lieberman Gary J $111,000 Chicago Title Insurance Co
Lewis Thomas L $85,000 Security Title Agency
Schrieber Dale M $82,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locy Kassandra $407,550
Previous Owner Better Neighborhoods Llc $187,000
Previous Owner Lieberman Gary J $88,800
Previous Owner Lewis Thomas L $84,714
Previous Owner Schrieber Dale M $77,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $429,000 0.0% $246 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $429,000 -1.4% $246 / Sq Ft
11/29/2023 11/29/23 For Sale $435,000 -- $249 / 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 $1,618 $15,521 -- --
2024 $1,718 $14,782 -- --
2023 $1,718 $26,370 $5,270 $21,100
2022 $1,648 $20,900 $4,180 $16,720
2021 $1,659 $19,220 $3,840 $15,380
2020 $1,609 $17,850 $3,570 $14,280
2019 $1,371 $16,460 $3,290 $13,170
2018 $1,334 $14,920 $2,980 $11,940
2017 $1,293 $13,850 $2,770 $11,080
2016 $1,286 $12,920 $2,580 $10,340
2015 $1,244 $11,430 $2,280 $9,150
Source: Public Records

Agents Affiliated with this Home

  • Tricia Manara

    Seller's Agent in 2024

    Tricia Manara

    Manara Properties, LLC

    (480) 273-6884

    1 in this area

    24 Total Sales

    Tricia Manara
    Section Image
  • Mark Sumstine

    Buyer's Agent in 2024

    Mark Sumstine

    Realty One Group

    (602) 828-0684

    1 in this area

    33 Total Sales

    Mark Sumstine
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6635279

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-35-342

Arizona Maricopa County Tempe 85282 The Lakes

2171 E Ellis 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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