James Leonard (Jase)
Realty ONE Group
(779) 256-6043
281 Total Sales
2 in The Lakes
$297K - $662K Price Range
506 E Ellis Dr Tempe, AZ 85282
The Lakes NeighborhoodEstimated Value: $656,776
4
Beds
4
Baths
2,502
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Reverse Osmosis System
- Corner Lot
- Quartz Countertops
- 0.22 Acre Lot
- Great Room
- No HOA
About This Home
As of March 2026Discover luxury living in this beautifully remodeled 4-bed, 4-bath home in an unbeatable location. With 3 separate living areas there is ample space for hosting get togethers. Every surface has been updated, just move in and enjoy. The bright, open kitchen features quartz countertops, stainless steal appliances, coffee bar, large island & penisula for gatherings. 2 bedrooms include private en-suite bathrooms, and 3 bedrooms have walk-in closets. Upgraded with LVP flooring, fresh paint & modern fixtures. An RV gate & included storage shed complete the backyard. 220V for EV charging. Worry-Free Systems: New HVAC, New energy-efficient windows & brand-new water softener (2025). Low-maintenance desert landscaping in front with full sprinkler and drip system in back.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,603
Year Built
- Built in 1970
Lot Details
- 9,683 Sq Ft Lot
- Back Yard Fenced
- Block Wall Fence
- Corner Lot
- Front Yard Sprinklers
- Grass Covered Lot
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
Home Design
- Block Foundation
- Wood Frame Construction
- Composition Roof
- Wood Siding
- Block Exterior
- Stone Exterior Construction
- Stone
Interior Spaces
- 2,502 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Window Screens
- Great Room
- Family Room
- Washer and Gas Dryer Hookup
Kitchen
- Kitchen Updated in 2022
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
- Reverse Osmosis System
Flooring
- Floors Updated in 2022
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Bathroom Updated in 2022
- 4 Full Bathrooms
- Double Vanity
- Dual Flush Toilets
Accessible Home Design
- No Interior Steps
- Stepless Entry
Outdoor Features
- Covered Patio or Porch
- Shed
Additional Homes
- Separate Entry Quarters
Schools
- Arredondo Elementary School
- Connolly Middle School
- Tempe High School
Utilities
- Cooling System Updated in 2024
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
- Water Softener is Owned
- High Speed Internet
Community Details
- No Home Owners Association
- Association fees include no fees
- College Park Unit 2 Subdivision
Listing and Financial Details
- Tax Lot 35
- Assessor Parcel Number 133-41-455-B
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2025
Closed on
Mar 12, 2026
Sold by
Bought by
Seller's Agent
Ann Wong
eXp Realty
Buyer's Agent
Melissa Barlow
West USA Realty
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Views
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,224
Avg. Annual Appreciation
-6.95%
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 11, 2022
Sold by
Bought by
Seller's Agent
Tara Keator
Real Broker
Buyer's Agent
Cade Thorne
Echo Real Estate
List Price
$550,000
Sold Price
$410,000
Premium/Discount to List
-$140,000
-25.45%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 8, 2022
Sold by
Bought by
Seller's Agent
Tara Keator
Real Broker
Buyer's Agent
Cade Thorne
Echo Real Estate
List Price
$550,000
Sold Price
$410,000
Premium/Discount to List
-$140,000
-25.45%
Views
1
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 3, 2022
Sold by
Bought by
Seller's Agent
Tara Keator
Real Broker
Buyer's Agent
Cade Thorne
Echo Real Estate
List Price
$550,000
Sold Price
$410,000
Premium/Discount to List
-$140,000
-25.45%
Views
1
Purchase Details
Closed on
Feb 8, 2018
Sold by
Bought by
Purchase Details
Closed on
Mar 26, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Lakes, AZ
-
James Leonard (Jase)
-
Monica Astorga
Monica Astorga
Realty ONE Group
(623) 299-2556
83 Total Sales
1 in The Lakes
$400,000 Price
-
Lisa Merris
Lisa Merris
Realty ONE Group
(623) 263-3352
42 Total Sales
2 in The Lakes
$350K - $390K Price Range
-
Kimberly Mudd
Kimberly Mudd
Pour La Vie Realty
(623) 323-9275
32 Total Sales
1 in The Lakes
$304,000 Price
-
Wendy Macica
Wendy Macica
Simply Real Estate
(855) 903-0670
97 Total Sales
1 in The Lakes
$422,000 Price
-
Melissa Gasper
Melissa Gasper
Realty ONE Group
(855) 952-1092
100 Total Sales
2 in The Lakes
$350K - $495K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $675,000 | Pioneer Title Agency | ||
| $419,900 | First American Title | ||
| -- | First American Title | ||
| $410,000 | First American Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | Sold | $675,000 | 0.0% | $270 / Sq Ft | |
| 02/21/2026 02/21/26 | Pending | -- | -- | -- | |
| 02/09/2026 02/09/26 | Price Changed | $675,000 | -0.7% | $270 / Sq Ft | |
| 01/24/2026 01/24/26 | Price Changed | $680,000 | -1.4% | $272 / Sq Ft | |
| 01/14/2026 01/14/26 | Price Changed | $690,000 | -1.4% | $276 / Sq Ft | |
| 01/02/2026 01/02/26 | Off Market | $700,000 | -- | -- | |
| 12/30/2025 12/30/25 | Price Changed | $700,000 | 0.0% | $280 / Sq Ft | |
| 12/30/2025 12/30/25 | For Sale | $700,000 | -3.4% | $280 / Sq Ft | |
| 12/27/2025 12/27/25 | For Sale | $725,000 | 0.0% | $290 / Sq Ft | |
| 12/23/2025 12/23/25 | Off Market | $725,000 | -- | -- | |
| 11/17/2025 11/17/25 | For Sale | $725,000 | +76.8% | $290 / Sq Ft | |
| 08/11/2022 08/11/22 | Sold | $410,000 | -25.5% | $180 / Sq Ft | View Prior Sale |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- | |
| 08/01/2022 08/01/22 | For Sale | $550,000 | 0.0% | $242 / Sq Ft | |
| 08/01/2022 08/01/22 | Price Changed | $550,000 | -2.7% | $242 / Sq Ft | |
| 07/25/2022 07/25/22 | Pending | -- | -- | -- | |
| 07/08/2022 07/08/22 | For Sale | $565,000 | -- | $248 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,785 | $23,235 | ||
| 2024 | $2,571 | $22,129 | ||
| 2023 | $2,571 | $40,070 | $8,010 | $32,060 |
| 2022 | $2,123 | $29,620 | $5,920 | $23,700 |
| 2021 | $2,164 | $27,630 | $5,520 | $22,110 |
| 2020 | $2,092 | $26,160 | $5,230 | $20,930 |
| 2019 | $2,052 | $24,370 | $4,870 | $19,500 |
| 2018 | $1,997 | $22,670 | $4,530 | $18,140 |
| 2017 | $1,935 | $20,770 | $4,150 | $16,620 |
| 2016 | $1,926 | $21,100 | $4,220 | $16,880 |
| 2015 | $1,862 | $18,730 | $3,740 | $14,990 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Wong
Seller's Agent in 2026
Ann Wong
eXp Realty
(775) 745-7571
1 in this area
13 Total Sales
-
Melissa Barlow
Buyer's Agent in 2026
Melissa Barlow
West USA Realty
(310) 800-1608
1 in this area
43 Total Sales
-
Tara Keator
Seller's Agent in 2022
Tara Keator
Real Broker
(480) 703-3112
2 in this area
157 Total Sales
-
K
Seller Co-Listing Agent in 2022
Katharine Comeno
Keller Williams Integrity First Realty
-
C
Buyer's Agent in 2022
Cade Thorne
Echo Real Estate
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6948057
APN: 133-41-455B
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.
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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