NOT LISTED FOR SALE

516 E Pegasus Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $422,000 - $440,062

3 Beds
2 Baths
1,080 Sq Ft
$399/Sq Ft Est. Value

Last Sold June 02, 2013

Last sale price $154,000 $143 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,413/month

6 Days on Market

Highlights

  • Golf Course Community
  • No HOA
  • Patio
  • Private Pool
  • 2 Car Direct Access Garage
  • Tile Flooring

About This Home

As of June 2013

516 Pegasus dwells in a diverse family friendly subdivision! This wonderful 3 bedroom 2 bath boast a prime location with a comfortable lay out and spacious kitchen that has an island overlooking a refreshing pool. Large garage with storage space and workbench. Location offers convenient access to schools ,shopping, Ken MacDonald Golf course ,Kiwanis park, freeways, and public transportation. This one has great potential. Come take a look for yourself.

Last Agent to Sell the Property

Trevor Bradley

Real Broker License #SA645953000 Listed on: 04/09/2013

Real Broker

Last Buyer's Agent

Bruno Arapovic

HomeSmart License #SA547460000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1972

Lot Details

  • 6,743 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Side or Rear Entrance to Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 301-81-068

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • College Park Subdivision

Recreation

  • Golf Course Community
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,339

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Rural and Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1972
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: COLLEGE PARK
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 142.59
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1080.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Patio
  • Lot Features: Gravel/Stone Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Biking/Walking Path
  • Amenities: None
  • 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: Aguilar 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

  • Land Lease: No
  • Lot Size Sq Ft: 6743.0
  • Parcel #: 301-81-068
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1338.72
  • Tax Book Number: 301.00
  • Tax Lot: 65
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
May 24, 2013
Sold by
Blinson David E
Bought by
Smith Eric
Seller's Agent
Trevor Bradley
Real Broker
Buyer's Agent
Bruno Arapovic
HomeSmart
List Price
$155,000
Sold Price
$154,000
Premium/Discount to List
-$1,000
-0.65%
Current Estimated Value
$431,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,266
Avg. Annual Appreciation
8.52%
Original Mortgage
$120,400
Outstanding Balance
$84,894
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$346,372

Purchase Details

Listed on
Apr 9, 2013
Closed on
Apr 24, 2013
Sold by
Smith Katherine Bartlett and Smith Eric
Bought by
Smith Eric
Seller's Agent
Trevor Bradley
Real Broker
Buyer's Agent
Bruno Arapovic
HomeSmart
List Price
$155,000
Sold Price
$154,000
Premium/Discount to List
-$1,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Outstanding Balance
$84,894
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$346,372

Purchase Details

Closed on
Jan 21, 2010
Sold by
Hudson Cross Reo Funding V Llc
Bought by
Blinson David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,181
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2009
Sold by
Wells Fargo Bank Na
Bought by
Hudson Cross Reo Funding V Llc

Purchase Details

Closed on
Apr 23, 2009
Sold by
Fernandez Fausto Ramon and Obispo Nestor
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 19, 2007
Sold by
Corona Adrian M
Bought by
Fernandez Fausto Roman and Obispo Nestor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Corona Adrian M
Bought by
Fernandez Fausto Roman and Obispo Nestor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2001
Sold by
Property Results Llc
Bought by
Corona Adrian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,147
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2001
Sold by
Fowler Alan D and Fowler Aileen
Bought by
Capital Realty Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,147
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1995
Sold by
Hud
Bought by
Fowler Alan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,585
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1994
Sold by
Charles F Curry Company
Bought by
Va

Purchase Details

Closed on
Oct 28, 1994
Sold by
Inland Mtg Corp and Donadio Gordon L
Bought by
Charles F Curry Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Eric $154,000 Great American Title Agency
Smith Eric -- Great American Title Agency
Blinson David E $141,750 Lawyers Title Of Arizona Inc
Hudson Cross Reo Funding V Llc $83,185 Old Republic Title Agency
Wells Fargo Bank Na $130,500 Equity Title Agency
Fernandez Fausto Roman $233,000 Camelback Title Agency Llc
Fernandez Fausto Roman $233,000 Camelback Title Agency Llc
Corona Adrian M $133,000 Security Title Agency
Property Results Llc $112,150 Security Title Agency
Capital Realty Services Llc $102,900 Security Title Agency
Fowler Alan D -- --
Va -- --
Charles F Curry Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Eric $120,400
Previous Owner Blinson David E $139,181
Previous Owner Fernandez Fausto Roman $186,400
Previous Owner Fernandez Fausto Roman $186,400
Previous Owner Corona Adrian M $131,147
Previous Owner Fowler Alan D $76,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2013 06/02/13 Sold $154,000 -0.6% $143 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $155,000 -- $144 / 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 $1,838 $17,634 -- --
2024 $1,687 $16,794 -- --
2023 $1,687 $32,550 $6,510 $26,040
2022 $1,611 $24,270 $4,850 $19,420
2021 $1,643 $21,980 $4,390 $17,590
2020 $1,588 $19,080 $3,810 $15,270
2019 $1,558 $18,460 $3,690 $14,770
2018 $1,516 $16,430 $3,280 $13,150
2017 $1,468 $14,750 $2,950 $11,800
2016 $1,461 $13,570 $2,710 $10,860
2015 $1,414 $12,270 $2,450 $9,820
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Trevor Bradley

    Real Broker

    (602) 509-2598

    2 in this area

    120 Total Sales

    Trevor Bradley
    Section Image
  • Bruno Arapovic

    Buyer's Agent in 2013

    Bruno Arapovic

    HomeSmart

    (602) 471-3952

    1 in this area

    1,326 Total Sales

    Bruno Arapovic
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4918273

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-068

Arizona Maricopa County Tempe 85283 The Lakes

516 E Pegasus Dr, Tempe, AZ

Not Listed for Sale

Detached

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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