NOT LISTED FOR SALE

502 E Vista Del Cerro Dr Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $696,000 - $942,000

3 Beds
3.5 Baths
2,114 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $545,000 $258 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,436/month

9 Days on Market

Highlights

  • Private Pool
  • 0.16 Acre Lot
  • Contemporary Architecture
  • Broadmor Elementary School Rated 9+
  • Two Primary Bathrooms
  • 1 Fireplace

About This Home

As of September 2015

Frank Lloyd Wright inspired home located in the heart of Tempe; smack in the middle of Highways: 143, 60, 202, 101, 10 and blocks from ASU! This home boasts 3beds, 3.5bath, a loft, open concept living area, exterior dining area and courtyard. Of the 3beds, one is a studio apt! Each bedroom has it’s own exterior entrance, and bathroom. Great for most of the Arizona months, simply open the doors and your entertaining space doubles! The living space in this home flows nicely, with it's open concept. Enjoy a sitting pool, built in BBQ, Exterior fireplace, and custom outdoor sectional!

Last Agent to Sell the Property

Daniel Montez

The Daniel Montez Real Estate Group License #BR641945000 Listed on: 08/07/2015

Last Buyer's Agent

Nick Bastian

Realty Executives Arizona Territory License #SA045994000

Realty Executives Arizona Territory

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1994

Lot Details

  • 7,139 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Block Exterior

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Wood Frame Window

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Private Pool
  • Balcony
  • Built-In Barbecue

Schools

  • Broadmor Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Evaporated cooling system
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 133-12-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,075

Year Built

Built in 1994

Lot Details

7,139 Sq Ft Lot

Parking

2

Listing Details

  • Cross Street: Broadway and 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 Roof: Partial
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: UNIVERSITY HEIGHTS
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 257.8
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Concrete
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 2114.0
  • Stories: 2
  • Window Features: Wood Frames
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard, Built-in Barbecue
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Block
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

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: Broadmor Elementary School
  • High School: Tempe 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: 7139.0
  • Parcel #: 133-12-016

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 4075.0
  • Tax Book Number: 133.00
  • Tax Lot: 16
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 1, 2015
Sold by
Marsh Joseph W and Hoffmeyer Wendy
Bought by
Webster Deborah and Webster Scott
Seller's Agent
Daniel Montez
The Daniel Montez Real Estate Group
Buyer's Agent
Nick Bastian
Realty Executives Arizona Territory
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$779,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,751
Avg. Annual Appreciation
3.48%
Original Mortgage
$272,500
Outstanding Balance
$108,975
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$670,776

Purchase Details

Closed on
Mar 29, 2005
Sold by
Marsh Joseph W
Bought by
Marsh Joseph W and Hoffmeyer Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Taylor Howard
Bought by
Marsh Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
Taylor Mandy
Bought by
Taylor Howard

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bachman Patricia Rae
Bought by
Taylor Howard

Purchase Details

Closed on
Aug 29, 2003
Sold by
Taylor Mandy Engle
Bought by
Taylor Howard
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
Webster Deborah $545,000 Chicago Title Agency Inc
Marsh Joseph W -- Security Title Agency Inc
Marsh Joseph W $450,000 Security Title Agency Inc
Taylor Howard -- Security Title Agency Inc
Taylor Howard -- --
Taylor Howard $30,000 --
Taylor Howard $300,000 The Talon Group Title & Sett
Taylor Howard -- The Talon Group Title & Sett
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster Deborah $272,500
Previous Owner Marsh Joseph W $360,000
Closed Marsh Joseph W $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $545,000 -0.9% $258 / Sq Ft
08/07/2015 08/07/15 For Sale $550,000 -- $260 / 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 $4,546 $42,935 -- --
2024 $4,752 $40,890 -- --
2023 $4,752 $58,170 $11,630 $46,540
2022 $3,958 $41,500 $8,300 $33,200
2021 $3,999 $39,650 $7,930 $31,720
2020 $3,867 $38,120 $7,620 $30,500
2019 $3,792 $32,360 $6,470 $25,890
2018 $3,690 $30,850 $6,170 $24,680
2017 $3,576 $29,060 $5,810 $23,250
2016 $3,793 $31,700 $6,340 $25,360
2015 $4,200 $32,030 $6,400 $25,630
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Daniel Montez

    The Daniel Montez Real Estate Group

    (480) 352-9591

    5 Total Sales

    Daniel Montez
    Section Image
  • Nick Bastian

    Buyer's Agent in 2015

    Nick Bastian

    Realty Executives

    (602) 803-6425

    6 in this area

    115 Total Sales

    Nick Bastian
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5320162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-12-016

Arizona Maricopa County Tempe 85281 Downtown Tempe

502 E Vista Del Cerro 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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