NOT LISTED FOR SALE

423 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $418,000 - $463,000

3 Beds
2 Baths
1,328 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $130,000 $98 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,492/month

72 Days on Market

About This Home

As of July 2012

Great Investment Property! 3 Bedroom, 2 bathroom tenant occupied home located close to ASU.

Last Agent to Sell the Property

Lindsay Robinson

US Investment Realty, LLC License #SA638382000 Listed on: 03/31/2012

Last Buyer's Agent

Amy Mihailov

Jonna Baker & Associates Realty License #BR008243000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,328 Sq Ft Home
  • Family or Dining Combination

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • $2,011 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Tax Municipality: Tempe
  • Cross Street: RURAL & BASELINE
  • Legal Info Lot Number: 379
  • Legal Info Range: 4E
  • Legal Info Section: 3
  • Legal Info Township: 1S
  • Property Type: A
  • Unit Style: All on One Level
  • Assessor Parcel Number: 383.00
  • Hndrd Blk Directionl: E
  • Hundred Block: 400
  • Legal Description Abbrev: UNIVERSITY ROYAL
  • Type: ER
  • Ownership: Fee Simple
  • Architecture: Ranch
  • Assessor Parcel Number: 301-80-383
  • Capital Improvement Impact Fee Dollar Percent: %
  • Construction Finish: Painted
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32R2C
  • Map Code Grid: S37
  • Primary Bathroom Type: Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Carport Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 97.89
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1973
  • Tax Year: 1539
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Bathrooms: 2.00
  • Laundry: Dryer Included, Washer Included
  • Fireplace: No Fireplace
  • Dining Area: Dining in FR
  • Estimated Lot Sq Ft: 6366.00
  • Estimated Sq Ft: 1328.00
  • Kitchen Features: Dishwasher, Disposal, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Roofing: Comp Shingle
  • Fencing: Block
  • Construction: Block
  • Pool Private: No Pool

Utilities

  • Water: City Water
  • Utilities: SRP, SW Gas
  • Cooling: Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Fee Include: No Fees

Schools

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

Building Info

  • Builder Name: Unknown

Tax Info

  • Taxes: 2011.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Carron James and Carron Deborah
Bought by
Cumulus West Llc
Current Estimated Value
$440,524

Purchase Details

Closed on
Nov 1, 2021
Sold by
Cumulus West Llc
Bought by
Carron James H and Carron Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2013
Sold by
Carron James H and Carron Deborah L
Bought by
Cumulus West Llc

Purchase Details

Listed on
Mar 31, 2012
Closed on
Jul 19, 2012
Sold by
Rybeck Investments Llc
Bought by
Carron James H and Carron Deborah L
Seller's Agent
Lindsay Robinson
US Investment Realty, LLC
Buyer's Agent
Amy Mihailov
Jonna Baker & Associates Realty
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$94,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2011
Sold by
Tif Az-1 Llc
Bought by
Rybek Investment Llc

Purchase Details

Closed on
Mar 2, 2011
Sold by
Federal National Mortgage Association
Bought by
Tif Azi Llc

Purchase Details

Closed on
Jun 8, 2010
Sold by
Fernandez Rosemarie E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2003
Sold by
Fernandez Rosemarie E
Bought by
Homes Etc Llc

Purchase Details

Closed on
Jan 2, 2003
Sold by
Burson Sandy J and Burson Deborah L
Bought by
Fernandez Rosemarie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1989
Sold by
Rebozo Elizabeth and Rebozo Maria
Bought by
Rebozo Victor M
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
Cumulus West Llc -- None Listed On Document
Carron James H -- Pioneer Title Agency Inc
Cumulus West Llc -- None Available
Carron James H $130,000 Equity Title Agency Inc
Rybek Investment Llc $95,917 Equity Title Agency Inc
Tif Azi Llc $78,750 Security Title Agency
Federal National Mortgage Association $109,678 None Available
Homes Etc Llc -- --
Fernandez Rosemarie E $138,000 Chicago Title Insurance Co
Rebozo Victor M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carron James H $279,000
Previous Owner Carron James H $94,500
Previous Owner Fernandez Rosemarie E $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $130,000 0.0% $98 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $130,000 0.0% $98 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $130,000 -- $98 / 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 $2,126 $17,741 -- --
2024 $1,963 $16,897 -- --
2023 $1,963 $32,520 $6,500 $26,020
2022 $1,883 $24,160 $4,830 $19,330
2021 $1,896 $21,910 $4,380 $17,530
2020 $1,839 $19,220 $3,840 $15,380
2019 $1,804 $17,870 $3,570 $14,300
2018 $1,759 $15,860 $3,170 $12,690
2017 $1,707 $14,200 $2,840 $11,360
2016 $1,695 $13,000 $2,600 $10,400
2015 $1,628 $12,350 $2,470 $9,880
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lindsay Robinson

    US Investment Realty, LLC

  • A

    Buyer's Agent in 2012

    Amy Mihailov

    Jonna Baker & Associates Realty

    (480) 983-3440

    3 Total Sales

    Amy Mihailov
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4737879

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-383

Arizona Maricopa County Tempe 85283 The Lakes

423 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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