NOT LISTED FOR SALE

518 E Colgate Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $302,790 - $348,000

2 Beds
1 Bath
1,073 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $175,000 $163 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,785/month

About This Home

As of May 2022

Upgraded two-bedroom townhouse with community pool. Tile and laminate wood flooring throughout. Ceiling fans in all rooms. Quartz kitchen countertop, with washer/dryer/refrigerator all included. Additional RV parking available with one time $50 fee and $25 key fee. Two-car carport with large driveway. Great Location and Great access to US-60 and Loop 101 (Price Freeway).

Last Agent to Rent the Property

Kum Han

HomeSmart Premier License #SA577701000 Listed on: 05/14/2022

HomeSmart Premier

Last Renter's Agent

Kum Han

Top Five Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1976

Lot Details

  • 3,568 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,073 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Royal Garden HOA
  • University Royal Garden Homes Subdivision

Listing and Financial Details

  • Property Available on 5/13/22
  • $100 Move-In Fee
  • 10-Month Minimum Lease Term
  • $100 Application Fee
  • Tax Lot 43
  • Assessor Parcel Number 301-80-486

Townhouse Details

Home Type

Townhome

Year Built

Built in 1976

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2022-05-13

Listing Details

  • Cross Street: Rural & Baseline
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1976
  • Rental Info H O A Name: Royal Garden HOA
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 100.0
  • Initial Move In Costs Application Fee: 100.0
  • Lease Term Minimum Lease Term Months: 10
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.08
  • Subdivision Name: UNIVERSITY ROYAL GARDEN HOMES
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1073.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Royal Garden HOA
  • Phone: 000-000-0000
  • Association: Yes

Schools

  • Elementary School: Aguila Elementary School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Lot Size Sq Ft: 3568.0
  • Parcel #: 301-80-486
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 43
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
518 E Colgate Dr Llc
Bought by
Le Trinh My
Current Estimated Value
$322,198

Purchase Details

Closed on
Aug 10, 2022
Sold by
My Le Trinh
Bought by
518 E Colgate Dr Llc

Purchase Details

Listed on
May 14, 2022
Closed on
May 22, 2022
Sold by
My Le Trinh
Bought by
Le Trinh My and Ip Melissa Ann
Seller's Agent
Kum Han
HomeSmart Premier
Buyer's Agent
Kum Han
HomeSmart Premier
Sold Price
$1,785

Purchase Details

Listed on
Apr 18, 2018
Closed on
Apr 6, 2018
Sold by
Cerullo Heidi A and Cerullo Matthew M
Bought by
Trinh My Le
Seller's Agent
Eva Li
West USA Realty
Buyer's Agent
Sonya Stockhaus
Sonya L Stockhaus
Sold Price
$1,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Aug 14, 2006
Sold by
Pisz Collete R
Bought by
Cerullo Matthew M and Cerullo Heidi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,960
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Pisz Colette R and Pisz Ronald Edward
Bought by
Pisz Colette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,374
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 1999
Sold by
Menolez Margaret G
Bought by
Brannon Colette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,568
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Le Trinh My -- None Listed On Document
518 E Colgate Dr Llc -- None Listed On Document
Le Trinh My -- None Listed On Document
Trinh My Le $175,000 Old Republic Title Agency
Cerullo Matthew M $186,200 First American Title Ins Co
Pisz Colette R -- First American Title Ins Co
Brannon Colette R $85,700 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerullo Matthew M $148,960
Previous Owner Pisz Colette R $84,374
Previous Owner Brannon Colette R $85,568
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Rented $1,785 0.0% --
05/13/2022 05/13/22 For Rent $1,785 +44.5% --
05/18/2018 05/18/18 Rented $1,235 0.0% --
05/16/2018 05/16/18 Under Contract -- -- --
04/18/2018 04/18/18 For Rent $1,235 0.0% --
04/12/2018 04/12/18 Sold $175,000 0.0% $163 / Sq Ft View Prior Sale
03/26/2018 03/26/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $175,000 0.0% $163 / Sq Ft
07/09/2015 07/09/15 Rented $1,050 0.0% --
07/06/2015 07/06/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $1,050 +16.7% --
06/01/2013 06/01/13 Rented $900 0.0% --
05/11/2013 05/11/13 Under Contract -- -- --
05/01/2013 05/01/13 For Rent $900 -- --
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 $1,158 $9,664 -- --
2024 $1,069 $9,203 -- --
2023 $1,069 $21,780 $4,350 $17,430
2022 $1,026 $16,810 $3,360 $13,450
2021 $1,033 $15,700 $3,140 $12,560
2020 $1,002 $14,300 $2,860 $11,440
2019 $983 $13,100 $2,620 $10,480
2018 $958 $12,230 $2,440 $9,790
2017 $930 $10,950 $2,190 $8,760
2016 $923 $9,830 $1,960 $7,870
2015 $887 $8,300 $1,660 $6,640
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2022

    Kum Han

    HomeSmart Premier

    (877) 502-5858

    25 Total Sales

    Kum Han
    Section Image

  • E

    Seller's Agent in 2018

    Eva Li

    West USA Realty

    (480) 650-2610

    11 Total Sales

    Eva Li
    Section Image
  • Nick Bastian

    Seller's Agent in 2018

    Nick Bastian

    Realty Executives

    (602) 803-6425

    5 in this area

    122 Total Sales

    Nick Bastian
    Section Image
  • Sonya Stockhaus

    Buyer's Agent in 2018

    Sonya Stockhaus

    Sonya L Stockhaus

    (480) 203-7791

    27 Total Sales

    Sonya Stockhaus
    Section Image

  • M

    Seller's Agent in 2015

    Michael Boyd

    R & C Real Estate Investments, LLC

    (480) 820-0500

    7 Total Sales

    Michael Boyd
    Section Image
  • Butch Leiber

    Buyer's Agent in 2015

    Butch Leiber

    Exit Realty Sun City

    (602) 390-1399

    38 Total Sales

    Butch Leiber
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6399612

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-486

Arizona Maricopa County Tempe 85283 The Lakes

518 E Colgate Dr, Tempe, AZ

Not Listed for Sale

Townhouses

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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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