NOT LISTED FOR SALE

2514 S Terrace Rd Unit 2 Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $407,126 - $599,000

4 Beds
2 Baths
1,674 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 2514 S Terrace Rd Unit 2, Tempe, AZ 85282 and is currently estimated at $515,532, approximately $307 per square foot. 2514 S Terrace Rd Unit 2 is a home located in Maricopa County with nearby schools including Joseph P. Spracale Elementary, Connolly Middle School, and McClintock High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2011
Sold by
Lucrum Llc
Bought by
Fan Zhengdong
Current Estimated Value
$515,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$100,739
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$414,793

Purchase Details

Closed on
Jun 21, 2011
Sold by
U S Bank National Association
Bought by
Lucrum Llc

Purchase Details

Closed on
Mar 16, 2011
Sold by
Asbill Christopher S and Asbill Amy D
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 26, 2006
Sold by
Asbill Christopher S
Bought by
Asbill Christopher S and Asbill Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 30, 1996
Sold by
Snow Thomas E and Snow Sharon Lee
Bought by
Asbill Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,415
Interest Rate
8.32%
Mortgage Type
FHA

Range of Values:

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.

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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.

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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.

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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.

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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
Fan Zhengdong $180,000 Fidelity Natl Title Ins Co
Lucrum Llc $109,000 Lawyers Title Of Arizona Inc
U S Bank National Association $145,147 Security Title Agency
Asbill Christopher S -- Title Security Agency Of Az
Asbill Christopher $99,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Zhengdong $144,000
Previous Owner Asbill Christopher S $182,000
Previous Owner Asbill Christopher $122,400
Previous Owner Asbill Christopher $98,415
Source: Public Records

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 $1,853 $19,134 -- --
2024 $1,830 $18,223 -- --
2023 $1,830 $35,000 $7,000 $28,000
2022 $1,748 $26,630 $5,320 $21,310
2021 $1,782 $25,670 $5,130 $20,540
2020 $1,723 $23,270 $4,650 $18,620
2019 $1,690 $21,430 $4,280 $17,150
2018 $1,645 $19,600 $3,920 $15,680
2017 $1,593 $18,680 $3,730 $14,950
2016 $1,586 $18,400 $3,680 $14,720
2015 $1,534 $17,550 $3,510 $14,040
Source: Public Records

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