NOT LISTED FOR SALE

5001 S Terrace Rd Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $249,000 - $258,000

2 Beds
1 Bath
792 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $185,000 $234 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,569/month

19 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • No Interior Steps
  • Community Pool
  • Patio
  • Property is near bus stop

About This Home

As of August 2020

MULTIPLE OFFERS RECEIVED!!Beautiful single level private end unit, perfect for a lock and leave, first time home buyer or college student. Maintenance free as the pool and common grounds are manicured for you. 2 assigned parking spots plus convenient guest parking for your friends and family, private patio and shed, recently remodeled, new flooring and paint..CLEAN and move-in ready, close to freeways, shopping and ASU HVAC unit installed May 2013, Washer/Dryer November 2017, Dishwasher May 2020. Bathroom including all new plumbing just done. New flooring throughout. New kitchen sink, garbage disposal, faucets just replaced. New hot water heater installed last week.

Last Agent to Sell the Property

Kimberly Healy Franzetti

West USA Realty Brokerage Phone: 602-402-5330 License #SA514237000 Listed on: 06/24/2020

West USA Realty

Last Buyer's Agent

Sally Martinez

Rev Residential Brokerage License #BR665935000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $746

Year Built

  • Built in 1972

Lot Details

  • 1,451 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Carport Spaces
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Arredondo Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 133-38-257

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, front yard maint, trash, roof replacement
  • Park Premiere Association, Phone Number (480) 759-4945
  • Built by Hallcraft Homes
  • Park Premiere Townhouses Subdivision

Recreation

  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$746

Year Built

Built in 1972

Lot Details

1,451 Sq Ft Lot

HOA Fees

$167 per month

Listing Details

  • Cross Street: Baseline & Rural Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 167.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2019
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Park Premiere Townhouses
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 233.58
  • Association Fees:HOA Fee2: 167.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Eat-in Kitchen, No Interior Steps, Pantry
  • Living Area: 792.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Corner Lot, Grass Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, Assigned
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Fee: 167.0
  • Association Fee Frequency: Monthly
  • Association Name: Park Premiere
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Park Premiere
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement

Schools

  • Elementary School: Arredondo Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1451.0
  • Parcel #: 133-38-257

Building Info

  • Builder Name: Hallcraft Homes

Tax Info

  • Tax Annual Amount: 746.0
  • Tax Book Number: 133.00
  • Tax Lot: 44
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 30, 2020
Sold by
Reginato Michael J and Reginato Bobbi Michele
Bought by
Usky Teresa and Shireman Marc
Seller's Agent
Kimberly Healy Franzetti
West USA Realty
Buyer's Agent
Sally Martinez
Rev Residential Brokerage
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$252,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,670
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Apr 7, 1999
Sold by
Leadbetter William L and Leadbetter Nancy R
Bought by
Reginato Michael J and Reginato Bobbi Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records
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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
Usky Teresa $185,000 Old Republic Title Agency
Reginato Michael J $60,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reginato Michael J $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $185,000 0.0% $234 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $185,000 -- $234 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $879 $7,337 -- --
2024 $812 $6,988 -- --
2023 $812 $17,550 $3,510 $14,040
2022 $779 $13,730 $2,740 $10,990
2021 $784 $12,470 $2,490 $9,980
2020 $760 $10,980 $2,190 $8,790
2019 $746 $9,480 $1,890 $7,590
2018 $728 $8,550 $1,710 $6,840
2017 $706 $7,410 $1,480 $5,930
2016 $701 $6,480 $1,290 $5,190
2015 $673 $5,450 $1,090 $4,360
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2020

    Sally Martinez

    Rev Residential Brokerage

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6094660

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-38-257

Arizona Maricopa County Tempe 85282 The Lakes

5001 S Terrace Rd, Tempe, AZ

Not Listed for Sale

Townhouses

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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