NOT LISTED FOR SALE

500 S Margo Dr Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $497,000 - $536,000

5 Beds
3 Baths
2,022 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 13, 2012

Last sale price $134,900 $67 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $2,983/month

25 Days on Market

Highlights

  • RV Gated
  • Patio
  • Combination Dining and Living Room
  • Ranch Style House
  • Tile Flooring
  • Evaporated cooling system

About This Home

As of March 2012

NOT BANK OWNED, NOT A SHORT SALE!Great Investment Property Located in a Prime Location Close to ASU! This Home Features Saltillo Tile and Wood Flooring, Ceiling Fans, Nice Landscaping, RV Gate, Fenced Yard, and Storage Shed.One Year Home Warranty! Financing Options Available. Price Subject to Change as Improvements are Made. Call for our Cash, Quick Close, Discount Pricing!

Last Agent to Sell the Property

Patrick Burch

ABI Multifamily License #BR515118000 Listed on: 01/20/2012

Last Buyer's Agent

Kristin LaVanway

HomeSmart License #SA560275000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,654

Year Built

  • Built in 1959

Lot Details

  • 6,534

Parking

  • RV Gated

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Block Exterior

Interior Spaces

  • 5 Bedrooms
  • 2,022 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Schools

  • Scales Technology Academy Elementary School
  • Gililland Middle School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Block Wall Fence

Community Details

  • $1,149 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,654

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Tax Municipality: Tempe
  • Cross Street: Priest & 5th Street
  • Legal Info Lot Number: 79
  • Legal Info Range: 4E
  • Legal Info Section: 16
  • Legal Info Township: 1N
  • Property Type: A
  • Unit Style: All on One Level
  • Assessor Parcel Number: 83.00
  • Hndrd Blk Directionl: S
  • Hundred Block: 500
  • Legal Description Abbrev: D BAR L RANCHOS
  • Type: EA
  • Ownership: Fee Simple
  • Architecture: Ranch
  • Assessor Parcel Number: 124-37-083
  • Construction Finish: Painted
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 53E2S
  • Map Code Grid: R36
  • Primary Bathroom Type: 3/4 Bath Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Slab Parking Spaces: 2.00
  • Price per Sq Ft: 66.72
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1959
  • Tax Year: 2003
  • Directions: University to Priest. North to 5th Street. East to Margo. Right on the corner.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 5
  • Bedrooms Plus: 5.00
  • Bathrooms: 3.00
  • Laundry: See Remarks
  • Flooring: Carpet, Tile
  • Fireplace: No Fireplace
  • Dining Area: Dining in LR/GR
  • Estimated Lot Sq Ft: 6403.00
  • Estimated Sq Ft: 2022.00
  • Kitchen Features: Dishwasher, Disposal, Range/Oven Elec
  • Source Of Sq Ft: Appraiser

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Dirt Back, Grass Front, Gravel/Stone Back
  • Roofing: Comp Shingle
  • Fencing: Block
  • Construction: Block
  • Exterior Features: Patio
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: RV Gate, Separate Strge Area

Utilities

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

Condo/Co-op/Association

  • Services: City Services
  • Fee Include: No Fees

Schools

  • Elementary School: Scales Technology Academy
  • Middle School: Gililland Middle School
  • Elementary School: Scales Technology Academy
  • Jr High School: Gililland Middle School

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Taxes: 1149.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2012
Closed on
Feb 27, 2012
Sold by
Gorilla Capital Of Maricopa County 23
Bought by
Cheevasit Soonthorn and Cheevansittirungruang Matinee
Seller's Agent
Patrick Burch
ABI Multifamily
Buyer's Agent
Kristin LaVanway
HomeSmart
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$515,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,217
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Lapeter James M
Bought by
Gorilla Capital Of Maricopa County 23 Ll

Purchase Details

Closed on
Dec 10, 2004
Sold by
Romantic David and Romantic Jennifer
Bought by
Lapeter James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2004
Sold by
Nicastro Blaine Thomas
Bought by
Romantic David and Romantic Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1995
Sold by
Ann Ward Partnership
Bought by
Nicastro Blaine Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1978
Sold by
Sellards J T and Sellards Elizabeth W
Bought by
Davison Dale L and Wyndelts Robert
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
Cheevasit Soonthorn $134,900 Dhi Title Agency
Gorilla Capital Of Maricopa County 23 Ll $102,001 None Available
Lapeter James M $207,000 Old Republic Title Agency
Romantic David $162,500 Fidelity National Title
Nicastro Blaine Thomas $77,500 United Title Agency
Davison Dale L -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapeter James M $144,900
Previous Owner Romantic David $129,600
Previous Owner Nicastro Blaine Thomas $116,000
Previous Owner Nicastro Blaine Thomas $73,600
Closed Romantic David $24,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2012 03/13/12 Sold $134,900 0.0% $67 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $134,900 0.0% $67 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $134,900 -- $67 / 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 $1,654 $17,083 -- --
2024 $1,634 $16,269 -- --
2023 $1,634 $35,850 $7,170 $28,680
2022 $1,561 $26,630 $5,320 $21,310
2021 $1,591 $25,170 $5,030 $20,140
2020 $1,538 $22,100 $4,420 $17,680
2019 $1,509 $20,270 $4,050 $16,220
2018 $1,468 $19,080 $3,810 $15,270
2017 $1,423 $17,530 $3,500 $14,030
2016 $1,416 $16,800 $3,360 $13,440
2015 $1,369 $14,680 $2,930 $11,750
Source: Public Records

Agents Affiliated with this Home

  • Patrick Burch

    Seller's Agent in 2012

    Patrick Burch

    ABI Multifamily

    (520) 603-1768

    42 Total Sales

    Section Image
  • Kristin LaVanway

    Buyer's Agent in 2012

    Kristin LaVanway

    HomeSmart

    (480) 282-7464

    57 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4704564

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-37-083

Arizona Maricopa County Tempe 85281 Sunset

500 S Margo Dr, Tempe, AZ

This home is located at 500 S Margo Dr, Tempe, AZ 85281 since 20 January 2012 and is currently estimated at $510,913, approximately $252 per square foot. This property was built in 1959. 500 S Margo Dr is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe 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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