NOT LISTED FOR SALE

5617 S Palm Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $468,000 - $502,000

3 Beds
2 Baths
1,538 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $250,000 $163 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,737/month

16 Days on Market

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of September 2018

Beautiful home in a great in-demand location, close to ASU and the 60 freeway. Luscious green front yard. Upgraded granite kitchen countertops, appliances included. Perfect dining and family room area for entertaining. New Carpet. Newly raised backyard wall for improved privacy. Spacious backyard with patio area and shed.

Last Agent to Sell the Property

Berenice Perez Gomez

HomeSmart License #SA663345000 Listed on: 06/04/2018

HomeSmart

Last Buyer's Agent

Cheryl Kalkbrenner

Fathom Realty Elite License #SA530578000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1973

Lot Details

  • 8,059 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 394
  • Assessor Parcel Number 301-80-398

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,807

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Rual & Baseline
  • 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: 5.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Directions: From Baseline go south on Rural west on Cornell, south on Palm Dr. to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: UNIVERSITY ROYAL
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 1538.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: Aguila Elementary 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: 8059.0
  • Parcel #: 301-80-398

Building Info

  • Builder Name: NA

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 394
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2021
Sold by
Steven Moreno Jr Tony and Steven Charlie Lauren
Bought by
Moreno Family Living Trust
Current Estimated Value
$489,745

Purchase Details

Closed on
Jul 9, 2020
Sold by
Moreno Tony S
Bought by
Moss Hunt Lauren and Moreno Tony S

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
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2020
Sold by
Moreno Tony
Bought by
Hunt Lauren Moss and Moreno Tony

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
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 21, 2018
Sold by
Lugo Raul
Bought by
Moreno Tony S
Seller's Agent
Berenice Perez Gomez
HomeSmart
Buyer's Agent
Cheryl Kalkbrenner
Fathom Realty Elite
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 10, 2013
Sold by
Gonzalez Alma Rosa
Bought by
Lugo Raul
Seller's Agent
Ylse Hernandez
Citicasa Realty, LLC
Buyer's Agent
William May
Breinholt May Realty & Investments
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$161,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Federal National Mortgage Association
Bought by
Gonzalez Alma Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,465
Interest Rate
4.54%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2010
Sold by
Martinez Abraham
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 19, 2005
Sold by
Vermande Terrence R and Vermande Cheryl L
Bought by
Martinez Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
7.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Moreno Family Living Trust -- None Listed On Document
Moss Hunt Lauren -- None Available
Hunt Lauren Moss -- None Available
Moreno Tony S $250,000 Security Title Agency Inc
Lugo Raul $170,000 Great American Title Agency
Gonzalez Alma Rosa $100,000 Fidelity Natl Title Ins Co
Federal National Mortgage Association $221,339 Accommodation
Martinez Abraham $203,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunt Lauren Moss $228,000
Previous Owner Moreno Tony S $227,384
Previous Owner Moreno Tony S $225,000
Previous Owner Lugo Raul $156,000
Previous Owner Lugo Raul $161,500
Previous Owner Gonzalez Alma Rosa $97,465
Previous Owner Martinez Abraham $199,500
Previous Owner Martinez Abraham $57,000
Previous Owner Martinez Abraham $196,000
Previous Owner Martinez Abraham $49,000
Previous Owner Martinez Abraham $192,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold $250,000 0.0% $163 / Sq Ft
07/30/2018 07/30/18 Price Changed $250,000 -2.0% $163 / Sq Ft
07/06/2018 07/06/18 Price Changed $255,000 -1.9% $166 / Sq Ft
06/27/2018 06/27/18 For Sale $260,000 0.0% $169 / Sq Ft
06/27/2018 06/27/18 Price Changed $260,000 +2.0% $169 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $255,000 -3.8% $166 / Sq Ft
06/07/2018 06/07/18 Price Changed $265,000 -5.4% $172 / Sq Ft
06/06/2018 06/06/18 Price Changed $280,000 -6.7% $182 / Sq Ft
06/04/2018 06/04/18 For Sale $300,000 +76.5% $195 / Sq Ft
05/31/2013 05/31/13 Sold $170,000 0.0% $111 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $170,000 -- $111 / 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 $1,807 $18,663 -- --
2024 $1,785 $17,775 -- --
2023 $1,785 $35,860 $7,170 $28,690
2022 $1,705 $24,960 $4,990 $19,970
2021 $1,738 $22,820 $4,560 $18,260
2020 $1,681 $20,200 $4,040 $16,160
2019 $1,649 $18,370 $3,670 $14,700
2018 $1,604 $16,350 $3,270 $13,080
2017 $1,554 $14,800 $2,960 $11,840
2016 $1,547 $14,200 $2,840 $11,360
2015 $1,496 $13,220 $2,640 $10,580
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Berenice Perez Gomez

    HomeSmart

    Section Image
  • Cheryl Kalkbrenner

    Buyer's Agent in 2018

    Cheryl Kalkbrenner

    Fathom Realty Elite

    (623) 326-2843

    34 Total Sales

    Cheryl Kalkbrenner
    Section Image
  • Ylse Hernandez

    Seller's Agent in 2013

    Ylse Hernandez

    Citicasa Realty, LLC

    (602) 721-9280

    31 Total Sales

    Ylse Hernandez
    Section Image
  • William May

    Buyer's Agent in 2013

    William May

    Breinholt May Realty & Investments

    (480) 236-2796

    1 in this area

    116 Total Sales

    William May
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5776038

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-398

Arizona Maricopa County Tempe 85283 The Lakes

5617 S Palm Dr, Tempe, AZ

This home is located at 5617 S Palm Dr, Tempe, AZ 85283 since 04 June 2018 and is currently estimated at $489,745, approximately $318 per square foot. This property was built in 1973. 5617 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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