NOT LISTED FOR SALE

Estimated Value: $609,000 - $637,000

4 Beds
2.5 Baths
2,254 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $424,900 $189 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,625/month

37 Days on Market

Highlights

  • Private Pool
  • Covered patio or porch
  • Central Air
  • No HOA
  • Security System Owned
  • 5-minute walk to Clark Park

About This Home

As of October 2020

RARE 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

Christie Kinchen

Twins & Co. Realty, LLC License #BR518042000 Listed on: 07/14/2020

Co-Listed By

Jennifer Hibbard

Twins & Co. Realty, LLC License #BR531556000

Last Buyer's Agent

John Bernard

Good Oak Real Estate License #SA641190000

Good Oak Real Estate

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

  • Central Air
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Roosevelt & Broadway
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: custom
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2006
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2009
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2017
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2006
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2006
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1958
  • Tax Year: 2019
  • Directions: West on Broadway from Mill to Roosevelt, North to 18th Street, East to Property
  • Master Model: mid-century ranch
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: tacr01
  • Co List Office Phone: 602-908-8946
  • Subdivision Name: University Homes 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, 3/4 Bath Master Bdrm
  • Living Area: 2254.0
  • Stories: 1
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Holdeman Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7379.0
  • Parcel #: 124-64-070

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3018.0
  • Tax Book Number: 124.00
  • Tax Lot: 67
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 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
$617,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,814
Avg. Annual Appreciation
7.65%
Original Mortgage
$297,430
Outstanding Balance
$267,520
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$339,937

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
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
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

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 $2,915 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6101052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-64-070