NOT LISTED FOR SALE

514 E Watson Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $483,000 - $523,000

4 Beds
2 Baths
1,591 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $379,000 $238 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,826/month

Highlights

  • Private Pool
  • 0.17 Acre Lot
  • No HOA
  • RV Gated
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of May 2024

POOL! Beautiful four bed and two bath home with open floor plan located in Tempe, AZ! This home has been tastefully updated with LVP throughout, new kitchen cabinets, countertops and stainless steel appliances. Updating was extended to primary and secondary bathrooms as well. You will appreciate the spacious living areas and wood burning fireplace. Enjoy the spacious backyard with sparking pool. There is an RV gate with ±20X50 RV slab. Close to Kiwanis park, golf course, shopping, schools and short distance to ASU, and downtown Tempe. Centrally located between I-10, US-60 and Loop 101 Freeways. No HOA community with a great location! Come check it out today!

Last Agent to Rent the Property

Chantel Gutierrez-Davis

Perk Prop Real Estate License #BR684490000 Listed on: 04/01/2024

Last Renter's Agent

Chantel Gutierrez-Davis

Rise 24 Real Estate LLC License #BR684490000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1974

Lot Details

  • 7,223 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,591 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Vinyl Flooring
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • RV Gated

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Aguila Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Royal Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 4/1/24
  • $199 Move-In Fee
  • 12-Month Minimum Lease Term
  • $55 Application Fee
  • Tax Lot 502
  • Assessor Parcel Number 301-81-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Rent Includes: None
  • Available Date: 2024-04-01

Listing Details

  • Cross Street: Baseline & Rural
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Non Assistive Animals: Yes
  • Rental Info Rental Tax Percent: 2.5
  • Initial Move In Costs Admin Fee: 199.0
  • Initial Move In Costs Application Fee: 55.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From US60 to Rural, South to Watson. Right on Watson. Home is on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: UNIVERSITY ROYAL UNIT 2
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Master Downstairs, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1591.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Disclosures: Other (See Remarks)
  • 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

  • Parking Features: RV Access/Parking, RV Gate
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Aguila Elementary School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Lot Size Sq Ft: 7223.0
  • Parcel #: 301-81-160

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 502
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 26, 2021
Sold by
Cornelissen Megan L and Cornelissen George Megan
Bought by
I & G Sfr I Borrower Llc
Seller's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$429,000
Sold Price
$379,000
Premium/Discount to List
-$50,000
-11.66%
Current Estimated Value
$498,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,455
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Dec 19, 2003
Sold by
George Bruce
Bought by
George Megan L and Cornelissen Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1999
Sold by
George Susan Lee
Bought by
Cornelissen Megan L

Purchase Details

Closed on
May 27, 1999
Sold by
George Bruce
Bought by
Cornelissen Megan L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
I & G Sfr I Borrower Llc $379,000 Fidelity National Title
George Megan L -- Old Republic Title Agency
Cornelissen Megan L $100,000 Capital Title Agency Inc
Cornelissen Megan L -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Megan L $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $2,795 0.0% --
04/11/2024 04/11/24 Under Contract -- -- --
04/02/2024 04/02/24 For Rent $2,795 0.0% --
05/27/2021 05/27/21 Sold $379,000 -5.0% $238 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $399,000 -4.8% $251 / Sq Ft
04/17/2021 04/17/21 Price Changed $419,000 -2.3% $263 / Sq Ft
04/02/2021 04/02/21 For Sale $429,000 0.0% $270 / Sq Ft
04/02/2021 04/02/21 Price Changed $429,000 +13.2% $270 / Sq Ft
02/26/2021 02/26/21 Off Market $379,000 -- --
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 $2,213 $19,754 -- --
2024 $2,186 $18,814 -- --
2023 $2,186 $36,670 $7,330 $29,340
2022 $2,097 $26,660 $5,330 $21,330
2021 $2,112 $24,370 $4,870 $19,500
2020 $2,047 $21,680 $4,330 $17,350
2019 $2,009 $20,220 $4,040 $16,180
2018 $1,959 $18,150 $3,630 $14,520
2017 $1,900 $16,280 $3,250 $13,030
2016 $1,887 $15,580 $3,110 $12,470
2015 $1,812 $14,510 $2,900 $11,610
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2024

    Chantel Gutierrez-Davis

    Perk Prop Real Estate

  • Carol A. Royse

    Seller's Agent in 2021

    Carol A. Royse

    Your Home Sold Guaranteed Realty

    (480) 576-4555

    8 in this area

    930 Total Sales

    Carol A. Royse
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6685400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-160

Arizona Maricopa County Tempe 85283 The Lakes

514 E Watson Dr, Tempe, AZ

This home is located at 514 E Watson Dr, Tempe, AZ 85283 since 01 April 2024 and is currently priced at $498,455. This property was built in 1974. 514 E Watson Dr is a home located in Maricopa County with nearby schools including Aguilar Elementary School, Fees College Preparatory Middle School, and Marcos De Niza 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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