NOT LISTED FOR SALE

508 E Broadway Ln Tempe, AZ 85282

Downtown Tempe Neighborhood

Estimated Value: $500,000 - $513,000

4 Beds
2 Baths
1,522 Sq Ft
$332/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $235,000 $154 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,910/month

48 Days on Market

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Cul-De-Sac
  • Double Pane Windows

About This Home

As of April 2015

GR EAT LOCATION, LOCATION, LOCATION. COMPLETELY REMODELED AND UPDATED FROM TOP TO BOTTOM. NEW KITCHEN WITH GRANITE TOPS, TILE BACKSPLASH, NEW STAINLESS APPLIANCES INCLUDING A NEW SIDE BY SIDE REFRIGERATOR. NEW 20'' PORCELIN TILE, NEW CARPET, NEW LIGHT FIXTURES, CEILING FANS IN EVERY ROOM, NEW CUSTOM PAINT INSIDE AND OUT. MANY OTHER UPDATES. COME AND SEE FOR YOURSELF.

Last Agent to Sell the Property

David Jarvis

Gentry Real Estate License #SA529901000 Listed on: 01/05/2015

Gentry Real Estate

Last Buyer's Agent

Cathy Abramson

Visionary Properties License #SA520883000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1961

Lot Details

  • 8,250 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Schools

  • Broadmor Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 133-12-127

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,741

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: COLLEGE AND BROADWAY
  • 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 Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2013
  • Directions: EAST ON BROADWAY TO VENTURA DRIVE, IMMEDIATE RIGHT ON BROADWAY LANE JUST NORTH OF BROADWAY. FIRST HOME ON THE LEFT.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: UNIVERSITY HEIGHTS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1522.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Alley, Cul-De-Sac, Gravel/Stone Front, Grass Back, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8250.0
  • Parcel #: 133-12-127

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1740.72
  • Tax Book Number: 133.00
  • Tax Lot: 127
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Payne Mark and Payne Cristi
Bought by
Payne Living Trust and Payne
Current Estimated Value
$506,034

Purchase Details

Listed on
Jan 5, 2015
Closed on
Mar 11, 2015
Sold by
American Pacific Holdings Llc
Bought by
Payne Mark and Payne Cristi
Seller's Agent
David Jarvis
Gentry Real Estate
Buyer's Agent
Cathy Abramson
Visionary Properties
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$188,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Morgan Miriam J
Bought by
American Pacific Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Payne Living Trust -- None Listed On Document
Payne Mark $235,000 Great American Title Agency
American Pacific Holdings Llc $110,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Mark $188,000
Previous Owner American Pacific Holdings Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $235,000 -3.3% $154 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
02/12/2015 02/12/15 Price Changed $242,900 -0.8% $160 / Sq Ft
02/04/2015 02/04/15 Price Changed $244,900 -0.8% $161 / Sq Ft
01/22/2015 01/22/15 Price Changed $246,900 -1.2% $162 / Sq Ft
01/05/2015 01/05/15 For Sale $249,900 -- $164 / 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 $2,721 $24,289 -- --
2024 $2,688 $23,132 -- --
2023 $2,688 $41,380 $8,270 $33,110
2022 $2,578 $30,170 $6,030 $24,140
2021 $2,596 $28,530 $5,700 $22,830
2020 $2,517 $26,880 $5,370 $21,510
2019 $2,470 $22,970 $4,590 $18,380
2018 $2,408 $20,920 $4,180 $16,740
2017 $2,337 $19,080 $3,810 $15,270
2016 $2,320 $19,730 $3,940 $15,790
2015 $2,228 $18,350 $3,670 $14,680
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Jarvis

    Gentry Real Estate

    (602) 370-5525

    6 Total Sales

    David Jarvis
    Section Image
  • Cathy Abramson

    Buyer's Agent in 2015

    Cathy Abramson

    Visionary Properties

    (480) 332-2588

    39 Total Sales

    Cathy Abramson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5217156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-12-127

Arizona Maricopa County Tempe 85281 Downtown Tempe

508 E Broadway Ln, Tempe, AZ

This home is located at 508 E Broadway Ln, Tempe, AZ 85282 since 05 January 2015 and is currently estimated at $506,034, approximately $332 per square foot. This property was built in 1961. 508 E Broadway Ln is a home located in Maricopa County with nearby schools including Broadmor Elementary School, Connolly 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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