NOT LISTED FOR SALE

324 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $451,311 - $477,000

4 Beds
2 Baths
1,440 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $443,000 $308 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,561/month

33 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Eat-In Kitchen
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of November 2022

BEAUTIFULLY RENOVATED 4BD/2BTH HOME! NO HOA !!** LOCATED BESIDE KIWANIS PARK - LAKE & WALKING PATHS in the Heart of TEMPE!! Gorgeous kitchen with stainless steel appliance package and clean white quartz counters! Wonderful neighborhood...move in ready home with a new roof and HVAC...all under 500k Seller is offering concessions to help buyer with closing cost or rate buy down

Last Agent to Sell the Property

John Doering

My Home Group Real Estate Brokerage Phone: 6023731683 License #SA649252000 Listed on: 09/23/2022

My Home Group Real Estate

Co-Listed By

Joshua Herrin

My Home Group Real Estate Brokerage Phone: 6023731683 License #SA663955000

Last Buyer's Agent

Duane Tolbert

My Home Group Real Estate License #SA702350000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1973

Lot Details

  • 6,896 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • University Royal Subdivision

Listing and Financial Details

  • Tax Lot 177
  • Assessor Parcel Number 301-80-181

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,821

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Rural Rd. & Baseline Rd
  • 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: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: UNIVERSITY ROYAL
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 307.63
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1440.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Brick Veneer, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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: 6896.0
  • Parcel #: 301-80-181
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 1821.0
  • Tax Book Number: 301.00
  • Tax Lot: 177
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 22, 2022
Sold by
Keyglee Holdings Inc
Bought by
Rahn Victoria Anne
Seller's Agent
John Doering
My Home Group Real Estate
Buyer's Agent
Duane Tolbert
My Home Group Real Estate
List Price
$484,950
Sold Price
$443,000
Premium/Discount to List
-$41,950
-8.65%
Views
39
Current Estimated Value
$460,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,325
Avg. Annual Appreciation
1.63%
Original Mortgage
$343,000
Outstanding Balance
$328,782
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$137,046

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 27, 2021
Sold by
Goldfarb Jennifer W and Brown Nathanel D
Bought by
Keyglee Holdings Inc
Seller's Agent
Jody Jones
Epique Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$349,999
Sold Price
$359,999
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.30%
Original Mortgage
$324,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 22, 2021
Sold by
Goldfrab Jennifer W and Brown Nathanel D
Bought by
Keyglee Holdings Inc
Seller's Agent
Jody Jones
Epique Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$349,999
Sold Price
$359,999
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Apr 18, 2013
Sold by
Lambros Kyriakos
Bought by
Goldfarb Jennifer W and Brown Nathanael D
Seller's Agent
Thomas Jovanovski
Thomas Davis Group Realty
Buyer's Agent
Hunter Clark
Superlative Realty
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$125,681
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2005
Sold by
Hull Thomas L and Hull Janice K
Bought by
Lambros Kyriakos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 29, 2003
Sold by
Nieboer Michael C
Bought by
Hull Thomas L and Hull Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2000
Sold by
Durnil David Lawrence and Durnil Evelyn Gregor
Bought by
Nieboer Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,542
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rahn Victoria Anne $443,000 Navi Title Agency, Pllc
Keyglee Holdings Inc $359,999 New Title Company Name
Keyglee Holdings Inc $359,999 Title Alliance Of Phoenix Ag
Goldfarb Jennifer W $128,000 First Arizona Title Agency
Lambros Kyriakos $240,000 First American Title Ins Co
Hull Thomas L $129,900 Security Title Agency
Nieboer Michael C $116,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahn Victoria Anne $343,000
Previous Owner Keyglee Holdings Inc $324,000
Previous Owner Goldfarb Jennifer W $125,681
Previous Owner Lambros Kyriakos $192,000
Previous Owner Hull Thomas L $123,400
Previous Owner Nieboer Michael C $115,542
Closed Lambros Kyriakos $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $443,000 -8.7% $308 / Sq Ft
09/23/2022 09/23/22 For Sale $484,950 +34.7% $337 / Sq Ft
12/23/2021 12/23/21 Sold $359,999 0.0% $275 / Sq Ft View Prior Sale
12/05/2021 12/05/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $359,999 +2.9% $275 / Sq Ft
11/30/2021 11/30/21 For Sale $349,999 +180.0% $268 / Sq Ft
04/30/2013 04/30/13 Sold $125,000 0.0% $96 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $125,000 -- $96 / 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 $1,789 $17,158 -- --
2024 $1,641 $16,341 -- --
2023 $1,641 $32,270 $6,450 $25,820
2022 $1,821 $23,920 $4,780 $19,140
2021 $1,598 $21,770 $4,350 $17,420
2020 $1,545 $19,080 $3,810 $15,270
2019 $1,516 $17,770 $3,550 $14,220
2018 $1,475 $15,720 $3,140 $12,580
2017 $1,429 $14,030 $2,800 $11,230
2016 $1,422 $12,860 $2,570 $10,290
2015 $1,375 $12,150 $2,430 $9,720
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Doering

    My Home Group Real Estate

    Section Image
  • Joshua Herrin

    Seller Co-Listing Agent in 2022

    Joshua Herrin

    My Home Group

    (480) 600-4480

    1 in this area

    24 Total Sales

    Joshua Herrin
    Section Image

  • D

    Buyer's Agent in 2022

    Duane Tolbert

    My Home Group Real Estate

    (623) 242-9459

    2 in this area

    19 Total Sales

    Duane Tolbert
    Section Image
  • Jody Jones

    Seller's Agent in 2021

    Jody Jones

    Epique Realty

    (602) 518-1202

    3 in this area

    88 Total Sales

    Jody Jones
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Greg Boncella

    Elite Partners

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6468410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-181

Arizona Maricopa County Tempe 85283 The Lakes

324 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

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