Amy Haight
Arizona Best Real Estate
(480) 651-8140
55 Total Sales
1 in The Lakes
$440,000 Price
406 E Colgate Dr Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $327,295
3
Beds
2
Baths
1,439
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Play Pool
- Clubhouse
- Eat-In Kitchen
- RV Access or Parking
- Covered Patio or Porch
- Tile Flooring
About This Home
As of April 2026Value-add opportunity in a prime Tempe location. Centrally situated near schools, shopping, dining, and major commuter routes, this townhouse offers strong upside potential. Cosmetic remodel, rental, first time home buyer, and more! The home features a functional and spacious layout with a large living room, dedicated dining area, galley kitchen, oversized laundry room, and generously sized bedrooms. The solid floor plan provides an excellent canvas for cosmetic updates and modernization. Single-owner property with room for improvement, making it ideal for an investor seeking to renovate and build equity. The private patio with outdoor fireplace adds a unique outdoor living feature, while the well-maintained community offers expansive grassy areas and a pool- amenities that enhance long-term rental and resale appeal. An excellent opportunity to add value in a central Tempe community with enduring demand.
Last Agent to Sell the Property
Coldwell Banker Realty License #SA672363000 Listed on: 03/04/2026
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,496
Year Built
- Built in 1978
Lot Details
- 3,498 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Grass Covered Lot
HOA Fees
- $179 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Foam Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,439 Sq Ft Home
- 1-Story Property
Kitchen
- Eat-In Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Carport Spaces
- RV Access or Parking
Outdoor Features
- Play Pool
- Covered Patio or Porch
Schools
- Aguilar Elementary School
- Connolly Middle School
- Marcos De Niza High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 57
- Assessor Parcel Number 301-80-500
Community Details
Overview
- Association fees include maintenance exterior, front yard maint, ground maintenance, street maintenance
- University Royal Gar Association, Phone Number (480) 759-4945
- University Royal Garden Homes Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2026
Closed on
Apr 6, 2026
Sold by
Bought by
Seller's Agent
Michelle Perry
Coldwell Banker Realty
Buyer's Agent
Linda Byrd
eXp Realty
List Price
$351,000
Sold Price
$325,000
Premium/Discount to List
-$26,000
-7.41%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,295
Avg. Annual Appreciation
2.46%
Original Mortgage
$105,000
Outstanding Balance
$104,685
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$222,610
Purchase Details
Closed on
Apr 27, 2015
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Lakes, AZ
-
Amy Haight
-
Ana Benavides
Ana Benavides
eXp Realty
(623) 299-2906
137 Total Sales
3 in The Lakes
$245K - $475K Price Range
-
Jonathan Miller
Jonathan Miller
Fathom Realty Elite
(623) 253-8437
198 Total Sales
2 in The Lakes
$230K - $305K Price Range
-
Lisa Sandoval
Lisa Sandoval
Berkshire Hathaway HomeServices Arizona Properties
(623) 404-8675
49 Total Sales
1 in The Lakes
$740,000 Price
-
Linda Bonham
Linda Bonham
Berkshire Hathaway HomeServices Arizona Properties
(855) 511-5258
20 Total Sales
1 in The Lakes
$575,000 Price
-
Annmarie Johnson
Annmarie Johnson
Real Broker
(623) 888-8094
160 Total Sales
1 in The Lakes
$392,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $325,000 | Fidelity National Title Agency | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $105,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | Sold | $325,000 | 0.0% | $226 / Sq Ft |
| 03/21/2026 03/21/26 | Price Changed | $325,000 | -7.4% | $226 / Sq Ft |
| 03/04/2026 03/04/26 | For Sale | $351,000 | -- | $244 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,496 | $12,485 | ||
| 2024 | $1,382 | $11,891 | ||
| 2023 | $1,382 | $25,500 | $5,100 | $20,400 |
| 2022 | $1,325 | $20,150 | $4,030 | $16,120 |
| 2021 | $1,335 | $18,810 | $3,760 | $15,050 |
| 2020 | $1,294 | $17,580 | $3,510 | $14,070 |
| 2019 | $1,270 | $16,180 | $3,230 | $12,950 |
| 2018 | $1,238 | $14,980 | $2,990 | $11,990 |
| 2017 | $1,201 | $13,910 | $2,780 | $11,130 |
| 2016 | $1,193 | $12,820 | $2,560 | $10,260 |
| 2015 | $1,001 | $10,860 | $2,170 | $8,690 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Perry
Seller's Agent in 2026
Michelle Perry
Coldwell Banker Realty
(602) 292-4244
1 in this area
21 Total Sales
-
Linda Byrd
Buyer's Agent in 2026
Linda Byrd
eXp Realty
(602) 692-5400
3 in this area
123 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6992909
APN: 301-80-500
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.
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
Nearby Homes
- 5308 S La Rosa Dr
- 204 E Fordham Dr
- 336 E Cornell Dr
- 604 E Dunbar Dr
- 233 E Ellis Dr
- 933 E Leeward Ln
- 323 E Sesame St
- 16 W Duke Dr Unit 2
- 955 E Eveningstar Ln
- 718 E Sesame St
- 224 E Minton Dr
- 212 E Minton Dr
- 520 E Watson Dr
- 5029 S Mill Ave
- 959 E Lobster Trap Ln
- 971 E Lobster Trap Ln
- 136 E Fremont Dr Unit 261
- 975 E Lobster Trap Ln
- 4706 S Grandview Ave Unit 3
- 4629 S Mill Ave
- 5337 S El Camino Dr
- 5331 S El Camino Dr
- 5343 S El Camino Dr
- 5347 S El Camino Dr
- 5325 S El Camino Dr
- 5332 S El Camino Dr
- 402 E Colgate Dr
- 5344 S El Camino Dr
- 5353 S El Camino Dr
- 5317 S El Camino Dr
- 5326 S El Camino Dr
- 403 E Colgate Dr
- 404 E Colgate Dr
- 405 E Colgate Dr
- 5350 S El Camino Dr
- 5320 S El Camino Dr
- 407 E Colgate Dr
- 408 E Colgate Dr
- 402 E Oxford Dr
- 5356 S El Camino Dr
Your Personal Tour Guide
Ask me questions while you tour the home.