NOT LISTED FOR SALE

432 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $496,000 - $564,000

2 Beds
2 Baths
1,881 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $260,000 $138 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,990/month

18 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Eat-In Kitchen
  • Grass Covered Lot
  • 1-Story Property

About This Home

As of September 2019

This location is what everyone is looking for. At this price, you better jump quick.If you are into retro , this is the one!! Great price on this special home with lots of areas for your special touches. This 3 bedroom /2 bath home also has a huge family room addition with a cute pot belly stove and 2 huge closets for additional storage. Step outside and see the full covered patio great for entertaining along with 2 more storage units.
This one has the price and potential you have been waiting for.

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 07/19/2019

RE/MAX Desert Showcase

Co-Listed By

Alice Acosta

Alice N Acosta License #BR041221000

Last Buyer's Agent

Mary Tsang

West USA Realty License #BR548922000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,942

Year Built

  • Built in 1973

Lot Details

  • 6,611 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,881 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Tavan Elementary School
  • Terramar Elementary Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

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

Listing and Financial Details

  • Tax Lot 362
  • Assessor Parcel Number 301-80-366

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,942

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Rural and Baseline
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2018
  • Directions: Baseline Road south of Rural and then west to property on North side of street. You can also access from College south and then east to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: show02
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: UNIVERSITY ROYAL
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1881.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Tavan Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Terramar Elementary

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6611.0
  • Parcel #: 301-80-366

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 1942.0
  • Tax Book Number: 301.00
  • Tax Lot: 362
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Hintz Carlos W
Bought by
Leung Ka Fai and Tsang Yukying
Current Estimated Value
$527,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2019
Closed on
Sep 4, 2019
Sold by
Secretary Of Hsng & Urban Dev Of Wa D C
Bought by
Hintz Carol W
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Mary Tsang
West USA Realty
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$221,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2019
Sold by
Fox Helen M and The Helen M Fox Trust
Bought by
United States Sec Of Hsng & Urban Dev

Purchase Details

Closed on
Mar 28, 1994
Sold by
Fox Helen M and Nicol William
Bought by
Fox Helen M
Source: Public Records

Range of Values:

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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
Leung Ka Fai $353,000 Clear Title Agency Of Az
Hintz Carol W $260,000 Clear Title Agency Of Az
United States Sec Of Hsng & Urban Dev $292,727 Accommodation
Fox Helen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Ka Fai $264,750
Previous Owner Hintz Carol W $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $260,000 +4.0% $138 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $250,000 -- $133 / 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 $2,289 $22,594 -- --
2024 $2,500 $21,518 -- --
2023 $2,500 $37,420 $7,480 $29,940
2022 $2,398 $27,950 $5,590 $22,360
2021 $2,415 $25,380 $5,070 $20,310
2020 $2,342 $22,680 $4,530 $18,150
2019 $2,297 $21,180 $4,230 $16,950
2018 $1,942 $19,220 $3,840 $15,380
2017 $1,882 $17,410 $3,480 $13,930
2016 $1,872 $16,380 $3,270 $13,110
2015 $1,811 $15,550 $3,110 $12,440
Source: Public Records

Agents Affiliated with this Home

  • Victor Vidales

    Seller's Agent in 2019

    Victor Vidales

    RE/MAX

    (602) 617-8293

    89 Total Sales

    Victor Vidales
    Section Image
  • Alice Acosta

    Seller Co-Listing Agent in 2019

    Alice Acosta

    Alice N Acosta

    (602) 743-8294

    59 Total Sales

    Alice Acosta
    Section Image
  • Mary Tsang

    Buyer's Agent in 2019

    Mary Tsang

    West USA Realty

    (480) 321-8100

    26 Total Sales

    Mary Tsang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5954721

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-366

Arizona Maricopa County Tempe 85283 The Lakes

432 E Cornell Dr, Tempe, AZ

This home is located at 432 E Cornell Dr, Tempe, AZ 85283 since 19 July 2019 and is currently estimated at $527,797, approximately $280 per square foot. This property was built in 1973. 432 E Cornell Dr is a home located in Maricopa County with nearby schools including Aguilar Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

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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