NOT LISTED FOR SALE

5031 S Terry Ln Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $464,876 - $494,000

3 Beds
2 Baths
1,573 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $189,000 $120 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,657/month

30 Days on Market

Highlights

  • 0.18 Acre Lot
  • Corner Lot
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Ceiling Fan

About This Home

As of October 2014

**Update: Up to $2,000 towards your choice of new appliances plus new home warranty included** Newly renovated single family home. Move-in ready. Open floor plan with split bedrooms. Shutters, double sink vanity, ceiling fan and walk-in closet in master bedroom. New interior and exterior paint. Wood flooring in family and dinning room. New carpet. New bathroom faucets. New lighting throughout. Double French door. Utility saving features include A/C or evaporative cooling and brand new 50 gallon water heater with on/off timer. Covered side-yard with lots of room for your projects. Garage storage cabinets. Extended driveway. Extra parking spaces for boat / RV. Low maintenance landscaping. Close to shopping, restaurants, freeway access, Kiwanis Park and ASU. Great location!

Last Agent to Sell the Property

Ryan Gehris

Usrealty Estate Brokerage LLC License #BR583297000 Listed on: 07/30/2014

Last Buyer's Agent

Rita L Crawford

AZ Brokerage Holdings, LLC License #SA025940000

AZ Brokerage Holdings, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1980

Lot Details

  • 7,671 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,573 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Frank Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Southern Palms Subdivision

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 123-52-115-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline & Hardy
  • Legal Info Range: 4E
  • Property Type: Residential
  • 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: 1980
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.18
  • Subdivision Name: Southern Palms
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Owner
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1573.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Both Refrig & Evap, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Frank Elementary School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7671.0
  • Parcel #: 123-52-115-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1773.0
  • Tax Book Number: 123.00
  • Tax Lot: 112
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Brown James Arthur
Bought by
Brown James Arthur and The James Arthur Brown Living
Current Estimated Value
$474,719

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 2, 2014
Sold by
Jk Inventment 4 Llc
Bought by
Brown James A
Seller's Agent
Ryan Gehris
Usrealty Estate Brokerage LLC
Buyer's Agent
Rita L Crawford
AZ Brokerage Holdings, LLC
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$137,000
Outstanding Balance
$104,039
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$370,680

Purchase Details

Closed on
May 2, 2006
Sold by
Tang Wai Kwan Kitty
Bought by
Jk Inventment 4 Llc

Purchase Details

Closed on
Feb 20, 2004
Sold by
Wong Yeuk Fai James
Bought by
Tang Wai Kwan Kitty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2004
Sold by
Flynn Stephen K
Bought by
Tang Wai Kwan Kitty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2001
Sold by
Turner Melody R
Bought by
Turner Rex E

Purchase Details

Closed on
Jul 17, 2001
Sold by
Milner Robert J and Milner Diane S
Bought by
Flynn Stephen K
Source: Public Records

Range of Values:

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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
Brown James Arthur -- None Available
Brown James A $189,000 Clear Title Agency
Jk Inventment 4 Llc -- None Available
Tang Wai Kwan Kitty -- Fidelity National Title
Tang Wai Kwan Kitty $130,000 --
Turner Rex E -- North American Title Co
Flynn Stephen K $140,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown James A $137,000
Previous Owner Tang Wai Kwan Kitty $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2014 10/16/14 Sold $189,000 -3.1% $120 / Sq Ft
10/12/2014 10/12/14 Price Changed $195,000 0.0% $124 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/13/2014 08/13/14 Price Changed $195,000 -2.5% $124 / Sq Ft
07/30/2014 07/30/14 For Sale $199,900 -- $127 / 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 $1,920 $21,937 -- --
2024 $2,098 $20,892 -- --
2023 $2,098 $34,850 $6,970 $27,880
2022 $2,004 $25,870 $5,170 $20,700
2021 $2,044 $23,800 $4,760 $19,040
2020 $1,976 $21,870 $4,370 $17,500
2019 $1,938 $20,360 $4,070 $16,290
2018 $1,886 $18,750 $3,750 $15,000
2017 $1,827 $16,730 $3,340 $13,390
2016 $1,818 $16,360 $3,270 $13,090
2015 $1,758 $14,680 $2,930 $11,750
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2014

    Ryan Gehris

    Usrealty Estate Brokerage LLC

    (866) 807-9087

    2,032 Total Sales

    Ryan Gehris
    Section Image

  • R

    Buyer's Agent in 2014

    Rita L Crawford

    Realty Executives

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5151022

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-52-115A

Arizona Maricopa County Tempe 85282 West Tempe

5031 S Terry Ln, Tempe, AZ

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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