NOT LISTED FOR SALE

314 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $429,551 - $470,000

3 Beds
2 Baths
1,308 Sq Ft
$344/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $179,000 $137 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,524/month

7 Days on Market

Highlights

  • Corner Lot
  • Tennis Courts
  • Tile Flooring
  • No HOA
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of March 2014

Don't miss out on this great looking home! Recently remodeled this home boasts ceramic tile and carpet throughout, granite countertops, a large backyard, remodeled bathrooms including new ceramic tile surrounds. Won't last long at this price. Must see to appreciate!

Last Agent to Sell the Property

John Gluch

eXp Realty License #SA573605000 Listed on: 02/12/2014

eXp Realty

Last Buyer's Agent

Sara McIntee

Copper House Realty License #BR556201000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 1972

Lot Details

  • 6,695 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 301-80-155

Community Details

Overview

  • No Home Owners Association
  • University Royal Subdivision

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,389

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Rural & Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: University Royal
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 136.85
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1308.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Disposal2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Biking/Walking Path
  • Amenities: None
  • 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

Schools

  • Elementary School: Wood School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6695.0
  • Parcel #: 301-80-155
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1389.0
  • Tax Book Number: 301.00
  • Tax Lot: 151
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 14, 2014
Sold by
Match Real Estates Llc
Bought by
Oline Timothy M
Seller's Agent
John Gluch
eXp Realty
Buyer's Agent
Sara McIntee
Copper House Realty
List Price
$179,000
Sold Price
$179,000
Current Estimated Value
$449,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,638
Avg. Annual Appreciation
8.13%
Original Mortgage
$170,050
Outstanding Balance
$128,647
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$320,991

Purchase Details

Closed on
Dec 22, 2008
Sold by
Vavra Brian G and Vavra Wendy A
Bought by
Match Real Estate Llc

Purchase Details

Closed on
May 9, 2008
Sold by
Schattenberg Brandi M
Bought by
Vavra Brian G and Vavra Wendy A

Purchase Details

Closed on
Feb 9, 2006
Sold by
Schattenberg David
Bought by
Schattenberg Brandi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 30, 2006
Sold by
Groves Maria G
Bought by
Schattenberg Brandi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 17, 2003
Sold by
Levy Josephine M
Bought by
Groves Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
Anderson Mark E
Bought by
Levy Josephine M

Purchase Details

Closed on
Mar 24, 1994
Sold by
Polson Joseph L and Polson Leta M
Bought by
Anderson Mark Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
7.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oline Timothy M $179,000 Lawyers Title Of Arizona Inc
Match Real Estate Llc -- None Available
Vavra Brian G $176,000 The Talon Group
Schattenberg Brandi M -- Lawyers Title Insurance Corp
Schattenberg Brandi M $242,000 Lawyers Title Insurance Corp
Groves Maria G $140,000 Arizona Title Agency Inc
Levy Josephine M -- --
Anderson Mark Edward $78,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oline Timothy M $170,050
Previous Owner Schattenberg Brandi M $48,400
Previous Owner Schattenberg Brandi M $193,600
Previous Owner Schattenberg Brandi M $193,600
Previous Owner Groves Maria G $133,000
Previous Owner Anderson Mark Edward $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2014 03/18/14 Sold $179,000 0.0% $137 / Sq Ft
02/12/2014 02/12/14 For Sale $179,000 -- $137 / 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 $1,940 $17,177 -- --
2024 $1,901 $16,359 -- --
2023 $1,901 $32,080 $6,410 $25,670
2022 $1,823 $23,920 $4,780 $19,140
2021 $1,836 $21,780 $4,350 $17,430
2020 $1,780 $19,070 $3,810 $15,260
2019 $1,747 $17,710 $3,540 $14,170
2018 $1,925 $15,760 $3,150 $12,610
2017 $1,430 $14,070 $2,810 $11,260
2016 $1,424 $12,820 $2,560 $10,260
2015 $1,377 $12,130 $2,420 $9,710
Source: Public Records

Agents Affiliated with this Home

  • John Gluch

    Seller's Agent in 2014

    John Gluch

    eXp Realty

    (480) 992-1200

    4 in this area

    536 Total Sales

    John Gluch
    Section Image

  • S

    Buyer's Agent in 2014

    Sara McIntee

    Copper House Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5068943

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-155

Arizona Maricopa County Tempe 85283 The Lakes

314 E Cornell Dr, Tempe, AZ

Not Listed for Sale

Detached

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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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