NOT LISTED FOR SALE

524 W Malibu Dr Unit 4 Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $750,111 - $908,000

2 Beds
1 Bath
800 Sq Ft
8,712 Sq Ft Lot

Highlights

  • 0.2 Acre Lot
  • No HOA
  • Ceiling Fan
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of January 2023

Remodeled 2 bed 1 bath Apartment. Neutral colors through out. Freshly painted. All Laminate floors! Very nice open floor plan. Block construction keeps the cool air inside! Great Location-close to ASU, parks, shopping, grocery stores, dining and entertainment (Mill Ave shops are very close).

Last Agent to Rent the Property

Linda Matejko

Arizona Elite Properties License #BR640814000 Listed on: 09/05/2022

Arizona Elite Properties

Last Renter's Agent

Linda Matejko

Arizona Elite Properties License #BR640814000 Listed on: 09/05/2022

Arizona Elite Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 1964

Lot Details

  • 8,712

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System

Community Details

  • No Home Owners Association
  • Laguna Estates Subdivision

Listing and Financial Details

  • Property Available on 9/5/22
  • $150 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 10
  • Assessor Parcel Number 123-45-013-A

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,712

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2022-09-05

Listing Details

  • Cross Street: Southern & Roosevelt
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.0
  • Initial Move In Costs Addtl Move In Fees: 185.0
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South on Roosevelt, East on Malibu Dr to 524 W Malibu 4-plex on North side of street. Unit 4
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: LAGUNA ESTATES
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Granite Counters
  • Living Area: 800.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: None, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Programmable Thmstat, Refrigeration, Ceiling Fan(s)
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Holdeman Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 8507.0
  • Parcel #: 123-45-013-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 123.00
  • Tax Lot: 10
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Landes Jerry and Landes Michele
Bought by
Butler Earl D and Butler Geraldine L
Current Estimated Value
$837,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$254,228
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$583,300

Purchase Details

Closed on
Mar 8, 2005
Sold by
Conti Victor J and Conti Laura C
Bought by
Landes Jerry and Landes Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Ponicki Ernest M and Ponicki Sheila M
Bought by
Conti Victor J and Conti Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1999
Sold by
Gohier Joseph and Gohier Charlene
Bought by
Ponicki Ernest M and Ponicki Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,280
Interest Rate
6.98%
Mortgage Type
Seller Take Back
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
Butler Earl D $488,000 Greystone Title Agency
Landes Jerry $310,000 Lawyers Title Ins
Conti Victor J $240,000 Lawyers Title Ins
Ponicki Ernest M $131,600 Lawyers Title Of Arizona Inc
Kuppinger Roland S -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Earl D $288,000
Previous Owner Landes Jerry $232,500
Previous Owner Ponicki Ernest M $105,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2023 01/01/23 Rented $1,350 0.0% --
12/29/2022 12/29/22 Under Contract -- -- --
09/05/2022 09/05/22 For Rent $1,350 +35.7% --
10/01/2019 10/01/19 Rented $995 0.0% --
09/30/2019 09/30/19 Under Contract -- -- --
09/12/2019 09/12/19 For Rent $995 0.0% --
05/15/2019 05/15/19 Rented $995 0.0% --
05/13/2019 05/13/19 Under Contract -- -- --
04/29/2019 04/29/19 Price Changed $995 -5.2% $1 / Sq Ft
04/24/2019 04/24/19 Price Changed $1,050 -4.5% $1 / Sq Ft
04/21/2019 04/21/19 For Rent $1,100 -- --
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 $2,712 $24,214 -- --
2024 $2,680 $23,061 -- --
2023 $2,680 $76,880 $15,370 $61,510
2022 $2,570 $61,060 $12,210 $48,850
2021 $2,588 $50,770 $10,150 $40,620
2020 $2,510 $44,600 $8,920 $35,680
2019 $2,462 $36,700 $7,340 $29,360
2018 $2,401 $27,370 $5,470 $21,900
2017 $2,329 $26,160 $5,230 $20,930
2016 $2,313 $24,620 $4,920 $19,700
2015 $2,222 $24,700 $4,940 $19,760
Source: Public Records

Agents Affiliated with this Home

  • Linda Matejko

    Landlord's Agent in 2023

    Linda Matejko

    Arizona Elite Properties

    (480) 202-2649

    8 Total Sales

    Linda Matejko
    Section Image

  • V

    Buyer's Agent in 2019

    Veronica Spero

    Arizona Elite Properties

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6459622

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-45-013A

Arizona Maricopa County Tempe 85282 West Tempe

524 W Malibu Dr Unit 4, Tempe, AZ

This home is located at 524 W Malibu Dr Unit 4, Tempe, AZ 85282 since 05 September 2022 and is currently priced at $837,528. This property was built in 1964. 524 W Malibu Dr Unit 4 is a home located in Maricopa County with nearby schools including Carminati Elementary School, Geneva Epps Mosley Middle School, and Tempe 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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