NOT LISTED FOR SALE

225 E Colgate Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $442,951 - $480,000

3 Beds
2 Baths
1,378 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $371,000 $269 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,586/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • 2 Car Direct Access Garage
  • Private Yard
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of April 2021

This 3 bedroom, two bath home, is ready for a new owner to move in and make it their own. The spacious floor plan, vaulted ceilings, huge kitchen with storage galore, a 2 car garage, and an extra large master walk in closet are just a few of the things that make this home so unique. The large back yard and covered patio are in perfect proportion to the lot and home itself and great for entertaining one day. Just steps from Kiwanis Park, this central Tempe location is ideal for any commute near freeways, while being walking distance to restaurants, shops and transportation as well. Come and see this Tempe gem today!

Last Agent to Sell the Property

Katherine Walsh

Keller Williams Realty East Valley License #SA655318000 Listed on: 03/06/2021

Keller Williams Realty East Valley

Last Buyer's Agent

Landon Harris

West USA Realty License #SA588411000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1972

Lot Details

  • 6,836 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Aguilar 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

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 301-80-051

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • University Royal Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline & Mill Ave.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2020
  • Directions: From Mill and Baseline head east on Baseline. Turn Right onto College Ave. Turn right on Colgate and the home will be on the left hand side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: UNIVERSITY ROYAL
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1378.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Alley, Desert Back, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Slump Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Rolled/Hot Mop
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Slump Block: 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), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, 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: Aguilar 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: 6836.0
  • Parcel #: 301-80-051

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1940.0
  • Tax Book Number: 301.00
  • Tax Lot: 47
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 27, 2021
Sold by
Freed Allen and Freed Sheryl
Bought by
Mazek David and Mazek Alysia
Seller's Agent
Katherine Walsh
Keller Williams Realty East Valley
Buyer's Agent
Landon Harris
West USA Realty
List Price
$359,000
Sold Price
$371,000
Premium/Discount to List
$12,000
3.34%
Current Estimated Value
$459,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,238
Avg. Annual Appreciation
5.18%
Original Mortgage
$296,800
Outstanding Balance
$270,066
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,557

Purchase Details

Closed on
Jun 5, 2015
Sold by
Freed Allen J and Freed Sheryl I
Bought by
Allen & Sheryl Freed Family Revocable Tr

Purchase Details

Closed on
Jan 24, 2005
Sold by
Jenkins Marilyn
Bought by
Freed Allen J and Freed Sheryl I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Desert Sky Restoration Llc
Bought by
Bonner Kirk A and Geraci Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Levine & Riggle Rental Co Ltd Prtnrshp
Bought by
Desert Sky Restoration Llc
Source: Public Records

Range of Values:

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Average Value
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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
Mazek David $371,000 Security Title Agency Inc
Allen & Sheryl Freed Family Revocable Tr -- None Available
Freed Allen J -- --
Jenkins Marilyn -- --
Bonner Kirk A -- --
Freed Allen $194,900 Security Title Agency Inc
Geraci Dean J -- Security Title Agency
Boshard Michael -- Security Title Agency
Bonner Kirk A -- Security Title Agency
Desert Sky Restoration Llc $50,000 --
Levine & Riggle Rental Co Ltd Prtnrshp -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazek David $296,800
Previous Owner Freed Allen $153,600
Closed Freed Allen $18,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $371,000 +3.3% $269 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $359,000 0.0% $261 / Sq Ft
01/02/2015 01/02/15 Rented $1,150 -8.0% --
12/15/2014 12/15/14 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $1,250 -- --
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 $1,813 $18,720 -- --
2024 $1,791 $17,828 -- --
2023 $1,791 $33,250 $6,650 $26,600
2022 $1,710 $24,880 $4,970 $19,910
2021 $1,744 $22,670 $4,530 $18,140
2020 $1,940 $19,930 $3,980 $15,950
2019 $1,903 $18,630 $3,720 $14,910
2018 $1,856 $16,550 $3,310 $13,240
2017 $1,801 $14,810 $2,960 $11,850
2016 $1,788 $13,670 $2,730 $10,940
2015 $1,717 $13,000 $2,600 $10,400
Source: Public Records

Agents Affiliated with this Home

  • Katherine Walsh

    Seller's Agent in 2021

    Katherine Walsh

    Keller Williams Realty East Valley

    (480) 468-7933

    7 in this area

    70 Total Sales

    Katherine Walsh
    Section Image
  • Landon Harris

    Buyer's Agent in 2021

    Landon Harris

    West USA Realty

    (480) 788-6431

    1 in this area

    3 Total Sales

    Landon Harris
    Section Image

  • S

    Seller's Agent in 2015

    Susan Sides

    PRS Property Management

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6203658

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-051

Arizona Maricopa County Tempe 85283 The Lakes

225 E Colgate Dr, Tempe, AZ

This home is located at 225 E Colgate Dr, Tempe, AZ 85283 since 06 March 2021 and is currently estimated at $459,238, approximately $333 per square foot. This property was built in 1972. 225 E Colgate Dr is a home located in Maricopa County with nearby schools including Aguilar 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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