NOT LISTED FOR SALE

5703 S Palm Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $449,053

3 Beds
2 Baths
1,495 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2014

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

Est. 210% increase in value since last sale

Current estimated payment $2,638 / mo

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

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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

8,181 Sq Ft Lot

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
  • 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
  • General Property Description:PriceSqFt: 96.98
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2014
Closed on
Mar 11, 2014
Sold by
Bought by
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%
Current Estimated Value
$449,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,053
Avg. Annual Appreciation
9.61%
Original Mortgage
$142,373
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in The Lakes, AZ

  • Robert Carey Real Estate Agent - West USA Realty

    Robert Carey

    West USA Realty

    (877) 554-1374

    26 Total Sales

    1 in The Lakes

    $410,000 Price

    Robert Carey
     Section Image
  • Corey Hord Real Estate Agent - Long Realty Unlimited

    Corey Hord

    Long Realty Unlimited

    (623) 526-1762

    40 Total Sales

    1 in The Lakes

    $670,000 Price

    Corey Hord
     Section Image
  • Cindy Nelson Real Estate Agent - Realty ONE Group

    Cindy Nelson

    Responds Quickly

    Realty ONE Group

    (623) 552-2726

    54 Total Sales

    2 in The Lakes

    $309K - $350K Price Range

    Cindy Nelson
     Section Image
  • Amanda Elliott Real Estate Agent - HomeSmart

    Amanda Elliott

    HomeSmart

    (888) 782-4164

    29 Total Sales

    1 in The Lakes

    $628,000 Price

    Amanda Elliott
     Section Image
  • Diane Webber Real Estate Agent - My Home Group Real Estate

    Diane Webber

    My Home Group Real Estate

    (623) 263-1621

    77 Total Sales

    1 in The Lakes

    $899,000 Price

    Diane Webber
     Section Image
  • Brandon Alsayed Real Estate Agent - Delex Realty

    Brandon Alsayed

    Delex Realty

    (877) 719-5056

    96 Total Sales

    1 in The Lakes

    $615,000 Price

    Brandon Alsayed
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 Fidelity National Title Agen
-- Fidelity National Title Agen
$152,500 First Arizona Title Agency
$136,500 None Available
$182,124 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,981 $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 Real Estate Agent - AZ Equity Properties

    Seller's Agent in 2014

    Tonya Nord

    AZ Equity Properties

    (480) 399-2974

    22 Total Sales

    Tonya Nord
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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

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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