NOT LISTED FOR SALE

514 E Watson Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $499,000 - $569,000

4 Beds
2 Baths
1,591 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 27, 2021

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

Est. 38% increase in value since last sale

Current estimated payment $2,959/month

About This Home

As of May 2021

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!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 26, 2021
Sold by
George Megan L and Cornelissen Megan L
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
$522,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,841
Avg. Annual Appreciation
8.31%

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Natl Ttl Agcy Inc
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 Cornelissen Megan L $48,000
Previous Owner George Megan L $82,050
Previous Owner George Megan L $100,000
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 -- --

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

    Seller'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) 776-5231

    9 in this area

    1,035 Total Sales

    Carol A. Royse
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

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Map

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 and is currently estimated at $522,841, approximately $328 per square foot. 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.

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