NOT LISTED FOR SALE

5709 S Palm Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $455,537 - $475,000

3 Beds
2 Baths
1,250 Sq Ft
$373/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $290,000 $232 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,630/month

16 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Solar Screens
  • 0.17 Acre Lot
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of February 2020

3 bedroom, 2 baths, 1, 250 sq ft home located in a great Tempe location and NO HOA!! Brand new roof with transferable 10 year warranty to new buyer. Patio room addition located at the back of the house features barn doors that open up pool side. Pine aldy wooden doors throughout with remodeled bathrooms and kitchen. Beautiful landscaping and curb appeal. Two car garage with insulated garage door. Enjoy an evening stroll or bike ride on the lighted path to Kiwanis Park. Close to shopping, freeways, and restaurant. This home is a must see!

Last Agent to Sell the Property

Karine Cardenas

HomeSmart License #SA645454000 Listed on: 12/21/2019

HomeSmart

Last Buyer's Agent

Ann Adams

Ann Adams And Associates Realty, LLC License #BR544176000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1974

Lot Details

  • 7,338 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Solar Screens
  • Tile Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 450
  • Assessor Parcel Number 301-81-108

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,552

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Rural and Baseline
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2015
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Spa Private: Yes
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: UNIVERSITY ROYAL UNIT TWO
  • Architectural Style: Other
  • Property Attached Yn: No
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1250.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Irrigation Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Biking/Walking Path
  • 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: Rover 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: 7338.0
  • Parcel #: 301-81-108

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1552.26
  • Tax Book Number: 301.00
  • Tax Lot: 450
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Garcia Stefanie
Bought by
Garcia Stefanie
Current Estimated Value
$465,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$278,734
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$186,900

Purchase Details

Closed on
Oct 27, 2021
Sold by
Garcia Stefanie
Bought by
Garcia Stefanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$278,734
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$186,900

Purchase Details

Listed on
Dec 21, 2019
Closed on
Jan 24, 2020
Sold by
Cardenas Shane C
Bought by
Garcia Stefanie
Seller's Agent
Karine Cardenas
HomeSmart
Buyer's Agent
Ann Adams
Ann Adams And Associates Realty, LLC
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$284,747
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2002
Sold by
Dang Thiep Duc
Bought by
Cardenas Shane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,671
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 1998
Sold by
Lee Shan Chia
Bought by
Dang Theip Duc

Purchase Details

Closed on
Aug 6, 1997
Sold by
Dang Thiep Duc
Bought by
Dang Theip Duc and Lee Shan Chia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
10.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1997
Sold by
Rowe Marjorie R
Bought by
Dang Thiep Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
10.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1996
Sold by
Swanson Kenneth A and Swanson Kim A
Bought by
Rowe Marjorie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,530
Interest Rate
7.84%
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
Garcia Stefanie -- Old Republic Title
Garcia Stefanie -- Old Republic Title Agency
Garcia Stefanie $290,000 Old Republic Title Agency
Cardenas Shane C $138,817 Lawyers Title Of Arizona Inc
Dang Theip Duc -- Transnation Title Ins Co
Dang Theip Duc -- Chicago Title Insurance Co
Dang Thiep Duc $94,000 Chicago Title Insurance Co
Rowe Marjorie R $86,912 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Stefanie $305,000
Closed Garcia Stefanie $305,000
Previous Owner Garcia Stefanie $284,747
Previous Owner Cardenas Shane C $136,671
Previous Owner Dang Thiep Duc $70,500
Previous Owner Rowe Marjorie R $69,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $290,000 -3.2% $232 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/30/2019 12/30/19 Price Changed $299,500 -4.9% $240 / Sq Ft
12/22/2019 12/22/19 Price Changed $315,000 +5.0% $252 / Sq Ft
12/21/2019 12/21/19 For Sale $300,000 -- $240 / 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 $1,930 $17,233 -- --
2024 $2,162 $16,413 -- --
2023 $2,162 $33,100 $6,620 $26,480
2022 $1,574 $24,530 $4,900 $19,630
2021 $1,605 $22,200 $4,440 $17,760
2020 $1,552 $19,350 $3,870 $15,480
2019 $1,522 $17,900 $3,580 $14,320
2018 $1,481 $15,870 $3,170 $12,700
2017 $1,435 $14,230 $2,840 $11,390
2016 $1,428 $13,360 $2,670 $10,690
2015 $1,381 $12,600 $2,520 $10,080
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karine Cardenas

    HomeSmart

    (480) 251-3252

    2 Total Sales

    Karine Cardenas
    Section Image
  • Ann Adams

    Buyer's Agent in 2020

    Ann Adams

    Ann Adams And Associates Realty, LLC

    (602) 330-2323

    138 Total Sales

    Ann Adams
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6016623

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-108

Arizona Maricopa County Tempe 85283 The Lakes

5709 S Palm Dr, Tempe, AZ

This home is located at 5709 S Palm Dr, Tempe, AZ 85283 since 21 December 2019 and is currently estimated at $465,634, approximately $372 per square foot. This property was built in 1974. 5709 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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