NOT LISTED FOR SALE

515 E Vista Del Cerro Dr Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $463,357 - $592,000

3 Beds
2 Baths
1,336 Sq Ft
$376/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $270,000 $202 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,832/month

1 Day on Market

Highlights

  • 0.16 Acre Lot
  • Covered Patio or Porch
  • No Interior Steps
  • No HOA
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of February 2019

Cute 3+ BR house in desirable Daley Park neighborhood, with beautiful back yard, including mature fruit trees. Very close to ASU - perfect for working and commuting to ASU by foot ot bike, perfect for upscale family living, or a really nice home/investment for your student children. A short walk to ASU, Daley Park, Starbucks, or Safeway - fabulous city living. This is lowest priced house in the most desirable Tempe neighborhood. Highly rated Broadmoor elementary school is also walking distance. A large bonus room could be a 4th bedroom (no closet) or office. Owner is a licensed real estate agent, and lived there for about 15 years. It has been a rental for about the last 9 years. Make offer now, as owner is motivated to sell by Feb 18th or take off the market.

Last Agent to Sell the Property

Ernest Kurschat

Better Homes & Gardens Real Estate SJ Fowler License #SA567043000 Listed on: 02/04/2019

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Ashok Parmar

HomeSmart License #SA631525000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1957

Lot Details

  • 7,101 Sq Ft Lot
  • Desert faces the front of the property
  • Wood Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Broadmor Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

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

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 133-12-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,164

Year Built

Built in 1957

Lot Details

7,101 Sq Ft Lot

Listing Details

  • Cross Street: Rural Rd & Broadway Rd
  • 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1957
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: UNIVERSITY HEIGHTS
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 202.09
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1336.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Desert Front, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • 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
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7101.0
  • Parcel #: 133-12-043

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2164.0
  • Tax Book Number: 133.00
  • Tax Lot: 43
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
515 East S & S Llc
Bought by
Parmar Ashok
Current Estimated Value
$502,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Outstanding Balance
$242,264
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$260,075

Purchase Details

Closed on
May 13, 2020
Sold by
Parmar Ashok D
Bought by
515 East S & S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2020
Sold by
515 East S & S Llc
Bought by
Parmar Ashok D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2020
Sold by
Parmar Ashok D
Bought by
515 East S & S Llc

Purchase Details

Closed on
May 23, 2019
Sold by
Parmar Ashok D and Parmer Ashok D
Bought by
Parmar Ashok D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 14, 2019
Sold by
Kurschat Ernest
Bought by
Parmer Ashok D
Seller's Agent
Ernest Kurschat
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ashok Parmar
HomeSmart
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$245,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 28, 2017
Sold by
515 E Vista Del Cerro Dr Llc
Bought by
Kurschat Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2011
Sold by
Kurschat Ernest and The Kurschat Family Trust
Bought by
515 E Vista Del Cerro Dr Llc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Kurschat Ernest
Bought by
Kurschat Ernest and The Kurschat Family Trust

Purchase Details

Closed on
May 1, 1999
Sold by
Guijarro Elena
Bought by
Kurschat Ernest G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,520
Interest Rate
7.1%
Source: Public Records
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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
Parmar Ashok -- American Title Svc Agcy Llc
515 East S & S Llc -- None Available
Parmar Ashok D -- Dhi Title Agency
515 East S & S Llc -- None Available
Parmar Ashok D -- Driggs Title Agency Inc
Parmer Ashok D $270,000 Security Title Agency Inc
Kurschat Ernest -- Security Title Agency Inc
Kurschat Ernest -- None Available
515 E Vista Del Cerro Dr Llc -- None Available
Kurschat Ernest -- None Available
Kurschat Ernest G -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmar Ashok $272,250
Closed Parmar Ashok D $281,250
Previous Owner Parmar Ashok D $228,000
Previous Owner Parmer Ashok D $245,000
Previous Owner Kurschat Ernest $164,000
Previous Owner Kurschat Ernest G $79,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $270,000 -6.9% $202 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $289,900 -- $217 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,616 $21,824 -- --
2024 $2,415 $20,785 -- --
2023 $2,415 $39,550 $7,910 $31,640
2022 $2,317 $28,450 $5,690 $22,760
2021 $2,333 $27,180 $5,430 $21,750
2020 $2,262 $25,470 $5,090 $20,380
2019 $2,219 $22,150 $4,430 $17,720
2018 $2,164 $20,120 $4,020 $16,100
2017 $2,099 $18,160 $3,630 $14,530
2016 $2,085 $18,520 $3,700 $14,820
2015 $2,002 $16,880 $3,370 $13,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5877672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-12-043

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