NOT LISTED FOR SALE

5308 S Palm Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $377,000 - $408,000

3 Beds
2 Baths
1,439 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $425,000 $295 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,329/month

4 Days on Market

Highlights

  • RV Parking in Community
  • Community Pool
  • Double Pane Windows
  • Corner Lot
  • Covered Patio or Porch
  • Property is near a bus stop

About This Home

As of May 2022

Spacious and Clean Tempe Patio Home.
Upgraded Dual Pane Milgard Windows and Patio Doors throughout. Tile in all the traffic areas. All appliances included.
This is a corner lot home with a nice, covered back patio and walking distance to the community pool.
This home includes many storage cabinets in the hallway and laundry room.
HOA maintains the front yard grass and shrubs. Easy access to the US60/I-10/101 and Shopping.
HOA provides a Boat/RV storage lot at the end of Colgate Drive for a fee.

Last Agent to Sell the Property

Aaron Couch

CPMS, Inc. License #BR554091000 Listed on: 05/06/2022

Co-Listed By

Marsha Couch

CPMS, Inc. License #BR020417000

Last Buyer's Agent

Ivan Perez

Orchard Brokerage License #SA671486000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1979

Lot Details

  • 3,000 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 301-80-456

Community Details

Overview

  • Association fees include ground maintenance, front yard maint, maintenance exterior
  • Vision Community Mgm Association, Phone Number (480) 759-4945
  • University Royal Gardens Subdivision
  • RV Parking in Community

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,335

Year Built

Built in 1979

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Cross Street: Rural and Baseline
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 159.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2021
  • Directions: South on Rural. West on Oxford. North on Palm. House is on the left.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: cpms01
  • Co List Office Phone: 480-839-0918
  • Subdivision Name: University Royal Gardens
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 159.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1439.0
  • Stories: 1
  • Window Features: ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Corner Lot, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Amenities: Rental OK (See Rmks), RV Parking
  • Association Fee: 159.0
  • Association Fee Frequency: Monthly
  • Association Name: Vision Community Mgm
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vision Community Mgm
  • Association Fees:HOA Telephone4: 480-759-4945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint, Maintenance Exterior

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: 3000.0
  • Parcel #: 301-80-456
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1335.0
  • Tax Book Number: 301.00
  • Tax Lot: 13
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Hughes Sherri
Bought by
Sherri Hughes Revocable Trust and Hughes
Current Estimated Value
$390,096

Purchase Details

Listed on
Apr 5, 2016
Closed on
Feb 29, 2016
Sold by
Anderson Robert
Bought by
Adams Chris and Adams Editha
Seller's Agent
Aaron Couch
CPMS, Inc.
Buyer's Agent
Tim Gates
Platinum Realty Network
Sold Price
$1,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2005
Sold by
Anderson Gary W and Anderson Marjorie A
Bought by
Anderson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1996
Sold by
Moraga Verna E
Bought by
Anderson Gary W and Anderson Marjorie A
Source: Public Records

Range of Values:

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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
Sherri Hughes Revocable Trust -- None Listed On Document
Adams Chris $185,000 Driggs Title Agency Inc
Anderson Robert $212,500 --
Anderson Gary W $82,250 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Chris $80,000
Previous Owner Anderson Robert $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $425,000 +4.9% $295 / Sq Ft
05/05/2022 05/05/22 For Sale $405,000 0.0% $281 / Sq Ft
04/22/2016 04/22/16 Rented $1,250 0.0% --
04/05/2016 04/05/16 For Rent $1,250 +19.0% --
08/27/2012 08/27/12 Rented $1,050 0.0% --
08/17/2012 08/17/12 Under Contract -- -- --
07/24/2012 07/24/12 For Rent $1,050 -- --
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 $1,209 $12,485 -- --
2024 $1,194 $11,891 -- --
2023 $1,194 $25,910 $5,180 $20,730
2022 $1,141 $20,400 $4,080 $16,320
2021 $1,335 $19,060 $3,810 $15,250
2020 $1,294 $17,900 $3,580 $14,320
2019 $1,270 $16,310 $3,260 $13,050
2018 $1,238 $15,330 $3,060 $12,270
2017 $1,201 $14,300 $2,860 $11,440
2016 $1,193 $12,850 $2,570 $10,280
2015 $1,146 $10,860 $2,170 $8,690
Source: Public Records

Agents Affiliated with this Home

  • Aaron Couch

    Seller's Agent in 2022

    Aaron Couch

    CPMS, Inc.

    (480) 755-0926

    5 in this area

    18 Total Sales

    Aaron Couch
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Marsha Couch

    CPMS, Inc.

    (480) 839-0918

    4 in this area

    15 Total Sales

    Marsha Couch
    Section Image
  • Ivan Perez

    Buyer's Agent in 2022

    Ivan Perez

    Orchard Brokerage

    (602) 812-9546

    1 in this area

    34 Total Sales

    Ivan Perez
    Section Image
  • Tim Gates

    Buyer's Agent in 2016

    Tim Gates

    Platinum Realty Network

    (208) 691-8048

    46 Total Sales

    Tim Gates
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6394850

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-456

Arizona Maricopa County Tempe 85283 The Lakes

5308 S Palm Dr, Tempe, AZ

This home is located at 5308 S Palm Dr, Tempe, AZ 85283 since 06 May 2022 and is currently estimated at $390,096, approximately $271 per square foot. This property was built in 1979. 5308 S Palm 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.

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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