513 W 18th St Tempe, AZ 85281
Clark Park NeighborhoodEstimated Value: $573,000 - $632,000
4
Beds
2.5
Baths
2,254
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Private Pool
- Covered patio or porch
- High Speed Internet
- No HOA
- Security System Owned
- 5-minute walk to Clark Park
About This Home
As of October 2020RARE OPPORTUNITY! This mid-century home is a recordist, musician + audiophile's dream home and has been used as a successful recording studio since '06. $300,000 was spent on the studio build-out, including permitted additions. Open living space features hardwood flooring, with separate living, family and formal dining rooms. 2 studio mixing rooms can be converted to traditional living space. All 3 bathrooms are updated. Rear yard is made for entertaining with a covered patio, sprawling lawn, pool with slide & fig, orange + sacred Bodhi tree. Additional upgrades: roof '14, updated electrical system, security system, Nest thermostat, newer pool filter. Walk/bike to Casey Moore's, ASU, Whole Foods & Mill Ave. Studio equipment does not convey-contact for full inventory list if interested. Double-wall construction with windows still in place in the studio portion of home. Back rooms currently used for the recording studio could be split up into several bedrooms that would have en suite baths. Check out the video tour!
Last Agent to Sell the Property
Twins & Co. Realty, LLC License #BR518042000 Listed on: 07/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,018
Year Built
- Built in 1958
Lot Details
- 7,379 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Front and Back Yard Sprinklers
Home Design
- Designed by custom Architects
- Composition Roof
- Block Exterior
Interior Spaces
- 2,254 Sq Ft Home
- 1-Story Property
- Security System Owned
Bedrooms and Bathrooms
- 4 Bedrooms
- 2.5 Bathrooms
Parking
- 2 Open Parking Spaces
- 1 Carport Space
Outdoor Features
- Private Pool
- Covered patio or porch
Schools
- Holdeman Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include no fees
- Built by Custom
- University Homes 2 Subdivision, Mid Century Ranch Floorplan
Listing and Financial Details
- Tax Lot 67
- Assessor Parcel Number 124-64-070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2020
Closed on
Sep 18, 2020
Sold by
Vericolli Catherine
Bought by
8123 Holdings Llc
Seller's Agent
Christie Kinchen
Twins & Co. Realty, LLC
Buyer's Agent
John Bernard
Good Oak Real Estate
List Price
$424,900
Sold Price
$424,900
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
$182,557
Avg. Annual Appreciation
7.66%
Original Mortgage
$297,430
Outstanding Balance
$267,520
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$334,131
Purchase Details
Closed on
Nov 13, 2018
Sold by
Vericolli Frank A and Vericolli Mary
Bought by
Vericolli Catherine
Purchase Details
Closed on
Jan 11, 2010
Sold by
Vericolli Frank A and Vericolli Mary
Bought by
Vericolli Frank A and Vericolli Mary
Purchase Details
Closed on
Sep 14, 2005
Sold by
Mckenzie Stacie
Bought by
Mckenzie Michael D
Purchase Details
Closed on
Sep 7, 2005
Sold by
Mckenzie Michael D
Bought by
Vericolli Frank and Vericolli Mary
Purchase Details
Closed on
Mar 30, 2005
Sold by
King Gary L and King Sandra L
Bought by
Mckenzie Michael D
Similar Homes in Tempe, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 8123 Holdings Llc | $424,900 | Old Republic Title Agency | |
| Vericolli Catherine | -- | None Available | |
| Vericolli Frank A | -- | None Available | |
| Vericolli Frank A | -- | None Available | |
| Mckenzie Michael D | -- | Security Title Agency Inc | |
| Vericolli Frank | $339,000 | Security Title Agency Inc | |
| Mckenzie Michael D | $182,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 8123 Holdings Llc | $297,430 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $424,900 | 0.0% | $189 / Sq Ft |
| 07/05/2020 07/05/20 | For Sale | $424,900 | -- | $189 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,915 | $34,166 | -- | -- |
| 2024 | $3,781 | $32,539 | -- | -- |
| 2023 | $3,781 | $49,930 | $9,980 | $39,950 |
| 2022 | $3,627 | $33,760 | $6,750 | $27,010 |
| 2021 | $3,652 | $31,480 | $6,290 | $25,190 |
| 2020 | $3,077 | $29,130 | $5,820 | $23,310 |
| 2019 | $3,018 | $30,380 | $6,070 | $24,310 |
| 2018 | $2,937 | $28,260 | $5,650 | $22,610 |
| 2017 | $2,845 | $26,830 | $5,360 | $21,470 |
| 2016 | $2,832 | $25,710 | $5,140 | $20,570 |
| 2015 | $2,739 | $25,600 | $5,120 | $20,480 |
Source: Public Records
Agents Affiliated with this Home
-
Christie Kinchen
Seller's Agent in 2020
Christie Kinchen
Twins & Co. Realty, LLC
(602) 908-8946
3 in this area
237 Total Sales
-
Jennifer Hibbard
Seller Co-Listing Agent in 2020
Jennifer Hibbard
Twins & Co. Realty, LLC
(602) 908-5801
3 in this area
222 Total Sales
-
John Bernard
Buyer's Agent in 2020
John Bernard
Good Oak Real Estate
(480) 539-4775
3 in this area
79 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6101052
APN: 124-64-070
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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