NOT LISTED FOR SALE

5703 S Palm Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $413,000 - $492,000

3 Beds
2 Baths
1,495 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $145,000 $97 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,741/month

40 Days on Market

Highlights

  • 0.19 Acre Lot
  • Eat-In Kitchen
  • Heating Available
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2014

GREAT PROPERTY LOCATED JUST MINUTES FROM ASU!!! Fantastic value on Tempe home, PRICED $45,000 below market. 3 bedroom, 2 bath with an eat-in kitchen, separate living room and family room and two separate additions not counted in the sq footage. Large back yard. SOLD AS-IS.

Last Agent to Sell the Property

Tonya Nord

AZ Equity Properties License #BR644394000 Listed on: 01/09/2014

Last Buyer's Agent

Tonya Nord

AZ Equity Properties License #BR644394000 Listed on: 01/09/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1974

Lot Details

  • 8,181 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Not known
  • University Royal Subdivision

Listing and Financial Details

  • Tax Lot 449
  • Assessor Parcel Number 301-81-107

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,548

Year Built

Built in 1974

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: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1974
  • Tax Year: 2013
  • Directions: Heading south of Baseline on Rual rd turn right on Watston Dr then first right onto Palm Dr house will be on your right hand side
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: UNIVERSITY ROYAL
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1495.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: 8181.0
  • Parcel #: 301-81-107
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Not known

Tax Info

  • Tax Annual Amount: 1548.0
  • Tax Book Number: 301.00
  • Tax Lot: 449
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Mar 11, 2014
Sold by
Azep Xxi Llc
Bought by
Hollingsworth Kevin J
Seller's Agent
Tonya Nord
AZ Equity Properties
Buyer's Agent
Tonya Nord
AZ Equity Properties
List Price
$155,800
Sold Price
$145,000
Premium/Discount to List
-$10,800
-6.93%
Total Days on Market
40
Current Estimated Value
$463,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,275
Avg. Annual Appreciation
10.94%
Original Mortgage
$142,373
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2013
Sold by
Arizona Equity Properties Llc
Bought by
Azep Xxi Llc

Purchase Details

Closed on
Aug 30, 2013
Sold by
Arizona Equity Holdings Llc
Bought by
Short Term Solutions Llc

Purchase Details

Closed on
Jun 24, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Arizona Equity Holdings Llc

Purchase Details

Closed on
Apr 11, 2013
Sold by
Buckner Merrill D and Buckner Deborah L
Bought by
National Mortgage Llc
Source: Public Records

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Range of Values:

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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
Hollingsworth Kevin J $145,000 Fidelity National Title Agen
Azep Xxi Llc -- Fidelity National Title Agen
Short Term Solutions Llc $152,500 First Arizona Title Agency
Arizona Equity Holdings Llc $136,500 None Available
National Mortgage Llc $182,124 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holingsworth Kevin J $250,000
Closed Hollingsworth Kevin J $103,251
Closed Hollingsworth Kevin J $80,000
Closed Hollingsworth Kevin J $51,300
Closed Hollingsworth Kevin J $141,487
Closed Hollingsworth Kevin J $142,373
Previous Owner Buckner Merrill D $26,000
Previous Owner Buckner Merrill D $208,000
Previous Owner Buckner Merrill D $220,000
Previous Owner Buckner Merrill D $55,000
Previous Owner Buckner Merrill D $125,000
Previous Owner Buckner Merrill D $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $145,000 -4.6% $97 / Sq Ft
01/19/2014 01/19/14 Price Changed $152,000 -2.4% $102 / Sq Ft
01/09/2014 01/09/14 For Sale $155,800 -- $104 / 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 $1,840 $19,002 -- --
2024 $1,818 $18,097 -- --
2023 $1,818 $34,360 $6,870 $27,490
2022 $1,736 $25,430 $5,080 $20,350
2021 $1,770 $23,010 $4,600 $18,410
2020 $1,711 $20,260 $4,050 $16,210
2019 $1,679 $18,550 $3,710 $14,840
2018 $1,633 $16,620 $3,320 $13,300
2017 $1,582 $15,000 $3,000 $12,000
2016 $1,575 $14,160 $2,830 $11,330
2015 $1,523 $13,370 $2,670 $10,700
Source: Public Records

Agents Affiliated with this Home

  • Tonya Nord

    Seller's Agent in 2014

    Tonya Nord

    AZ Equity Properties

    (480) 399-2974

    27 Total Sales

    Tonya Nord
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5051179

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-107

Arizona Maricopa County Tempe 85283 The Lakes

5703 S Palm Dr, Tempe, AZ

This home is located at 5703 S Palm Dr, Tempe, AZ 85283 since 09 January 2014 and is currently estimated at $462,953, approximately $309 per square foot. This property was built in 1974. 5703 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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