NOT LISTED FOR SALE

407 E Watson Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $432,000 - $455,000

3 Beds
2 Baths
1,053 Sq Ft
$421/Sq Ft Est. Value

Last Sold November 04, 2024

Last sale price $454,999 $432 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,451/month

29 Days on Market

Highlights

  • Private Pool
  • 0.19 Acre Lot
  • Covered Patio or Porch
  • RV Gated
  • No HOA
  • Double Pane Windows

About This Home

As of November 2024

Welcome to contemporary living in a well-constructed Block home with NO HOA plus over $90,000 of upgrades! Kitchen has new Quartz counters, sink, wood cabinetry painted white. Step inside to find light gray vinyl flooring throughout creating a seamless flow from room to room, new ceiling fans, painted inside and out in neutral colors, 2018 New Roof, 2019 New HVAC System, 2021 New Anderson Dual Pane Windows and New 6' Block Wall with an RV gate 2019. Imagine cooling off in your own sparkling (2020) pool with plenty of room for outdoor entertaining. There is a large separate workshop/storage. Buyer could possibly build an ADU/ casita on the oversized lot. Home is just minutes away from shopping, Trader Joe's, dining, entertainment, ASU & Kiwanis Park with 125 acres of amenities. Playgrounds, tennis & pickleball courts, a fishing lake, batting range, indoor wave pool & so much more. Near hiking & biking trails also by 2 golf courses. Perfect for outdoor & sports enthusiasts. Don't miss out on the opportunity to make this beautiful home yours!

Last Agent to Sell the Property

Laura Anthony

HomeSmart License #SA017768000 Listed on: 09/12/2024

HomeSmart

Last Buyer's Agent

Kimberly Keller

Coldwell Banker Realty License #SA662791000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1974

Lot Details

  • 8,294 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Kitchen Updated in 2024
  • Breakfast Bar

Flooring

  • Floors Updated in 2024
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space
  • RV Gated

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2024
  • Wiring Updated in 2024
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • University Royal Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 520
  • Assessor Parcel Number 301-81-178

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: GUADALUPE/RURAL
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2024
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2024
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2024
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2024
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: UNIVERSITY ROYAL UNIT 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 432.1
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Bath Grab Bars
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1053.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Alley, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, None
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Gate, Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: 8294.0
  • Parcel #: 301-81-178

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1697.0
  • Tax Book Number: 301.00
  • Tax Lot: 520
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 29, 2024
Sold by
Barbara J Culp Trust and Culp Cheryl A
Bought by
Lewis Alexander Richard and Lewis Kathleen
Seller's Agent
Laura Anthony
HomeSmart
Buyer's Agent
Kimberly Keller
Coldwell Banker Realty
List Price
$454,999
Sold Price
$454,999
Views
34
Current Estimated Value
$443,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,246
Avg. Annual Appreciation
-2.12%
Original Mortgage
$429,999
Outstanding Balance
$425,694
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$18,059

Purchase Details

Closed on
Feb 22, 2018
Sold by
Culp Barbara J
Bought by
Culp Barbara J and Barbara J Culp Trust

Purchase Details

Closed on
Aug 25, 2009
Sold by
Federal National Mortgage Association
Bought by
Culp David L and Culp Barbara J

Purchase Details

Closed on
Aug 20, 2008
Sold by
Mchale Perrone Melissa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 31, 2007
Sold by
Hoover Tom A
Bought by
Mchale Perrone Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Riggle Gregory C and Riggle Elaine
Bought by
Levine & Riggle Rental Co Lp

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
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Levine & Riggle Rental Co Lp
Bought by
Hoover Tom A

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
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Lewis Alexander Richard $454,999 Wfg National Title Insurance C
Culp Barbara J -- None Available
Culp Barbara J -- None Available
Culp David L $129,900 Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- None Available
Mchale Perrone Melissa $211,000 Fidelity National Title
Levine & Riggle Rental Co Lp -- Lawyers Title Ins
Hoover Tom A $180,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Alexander Richard $429,999
Previous Owner Mchale Perrone Melissa $211,000
Previous Owner Hoover Tom A $144,000
Closed Hoover Tom A $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $454,999 0.0% $432 / Sq Ft
10/12/2024 10/12/24 For Sale $454,999 0.0% $432 / Sq Ft
10/12/2024 10/12/24 Off Market $454,999 -- --
10/08/2024 10/08/24 Price Changed $454,999 -1.1% $432 / Sq Ft
09/23/2024 09/23/24 Price Changed $459,900 0.0% $437 / Sq Ft
09/12/2024 09/12/24 For Sale $460,000 -- $437 / 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 $1,599 $15,333 -- --
2024 $1,697 $14,603 -- --
2023 $1,697 $32,170 $6,430 $25,740
2022 $1,628 $22,520 $4,500 $18,020
2021 $1,639 $20,520 $4,100 $16,420
2020 $1,589 $17,780 $3,550 $14,230
2019 $1,559 $16,470 $3,290 $13,180
2018 $1,520 $14,370 $2,870 $11,500
2017 $1,475 $12,760 $2,550 $10,210
2016 $1,465 $11,550 $2,310 $9,240
2015 $1,407 $10,930 $2,180 $8,750
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Laura Anthony

    HomeSmart

    (623) 734-3093

    1 in this area

    10 Total Sales

    Laura Anthony
    Section Image
  • Kimberly Keller

    Buyer's Agent in 2024

    Kimberly Keller

    Coldwell Banker Realty

    (480) 532-5451

    1 in this area

    43 Total Sales

    Kimberly Keller
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6756321

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-178

Arizona Maricopa County Tempe 85283 The Lakes

407 E Watson 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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