NOT LISTED FOR SALE

5819 S College Ave Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $489,000 - $529,000

4 Beds
2 Baths
1,519 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $150,000 $99 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $2,877/month

4 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Tile Flooring
  • 1 Fireplace
  • Eat-In Kitchen
  • Wood Fence

About This Home

As of November 2012

Much desired are of Tempe, Not a short sale, or foreclosure.3 bedrooms, plus another room with closet, utility room with washer and dryer, diving pool, new pump an filter installed recently. Seller has never lived in this home, always been a rental. Property to be sold as is, no warranties or repairs. Property just recently passed Section 8 inspection. Cal Pacific management has a tenant waiting for $1,300 a month, but owner wants to sell.

Last Agent to Sell the Property

Dennis Iwamoto

Iwamoto Real Estate Services, LLC License #BR007831000 Listed on: 10/10/2012

Co-Listed By

Susan Darnauer-Iwamoto

Iwamoto Real Estate Services, LLC License #BR520546000

Last Buyer's Agent

Elizabeth Silva

Realty ONE Group License #SA639717000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1974

Lot Details

  • 6,148 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,519 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • University Royal Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 522
  • Assessor Parcel Number 301-81-180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,646

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Baseline and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Year Built: 1974
  • Tax Year: 2011
  • Directions: South on Rural from Baseline, west on Watson to College, left turn, second house on left
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: calp01
  • Co List Office Phone: 480-222-4690
  • Subdivision Name: University Royal Unit 2
  • ResoBuildingAreaSource: Assessor
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm, Separate Shwr & Tub
  • Living Area: 1519.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Utilities

  • Cooling: Refrigeration, Wall/Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: 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 Fee Incl:No Fees: Yes

Schools

  • Elementary School: Aguilar School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6148.0
  • Parcel #: 301-81-180
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1646.1
  • Tax Book Number: 301.00
  • Tax Lot: 522
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Nov 12, 2012
Sold by
Ferraro Edward A and Ferraro Carol D
Bought by
Villalobos Ruben
Seller's Agent
Dennis Iwamoto
Iwamoto Real Estate Services, LLC
Buyer's Agent
Elizabeth Silva
Realty ONE Group
List Price
$126,000
Sold Price
$150,000
Premium/Discount to List
$24,000
19.05%
Total Days on Market
4
Current Estimated Value
$508,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,836
Avg. Annual Appreciation
9.96%
Original Mortgage
$147,283
Outstanding Balance
$103,027
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$405,809

Purchase Details

Closed on
Apr 21, 2010
Sold by
Ferraro Kenneth A
Bought by
Ferraro Edward A and Ferraro Carol D

Purchase Details

Closed on
May 25, 2004
Sold by
Edwards Dennis L and Edwards Gloria J
Bought by
Ferraro Edward A and Ferraro Carol D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,920
Interest Rate
5.92%
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
Villalobos Ruben $150,000 Lawyers Title Of Arizona Inc
Ferraro Edward A -- None Available
Ferraro Edward A $154,900 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Ruben $147,283
Previous Owner Ferraro Edward A $123,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $150,000 0.0% $99 / Sq Ft
10/15/2012 10/15/12 Rented $150,000 +19.0% --
10/13/2012 10/13/12 Under Contract -- -- --
10/09/2012 10/09/12 For Sale $126,000 0.0% $83 / Sq Ft
10/02/2012 10/02/12 For Rent $1,300 -- --
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 $2,152 $19,209 -- --
2024 $2,126 $18,294 -- --
2023 $2,126 $38,300 $7,660 $30,640
2022 $1,755 $27,730 $5,540 $22,190
2021 $1,789 $25,410 $5,080 $20,330
2020 $1,730 $22,670 $4,530 $18,140
2019 $1,697 $20,970 $4,190 $16,780
2018 $1,651 $19,000 $3,800 $15,200
2017 $1,600 $17,230 $3,440 $13,790
2016 $1,592 $16,680 $3,330 $13,350
2015 $1,540 $15,520 $3,100 $12,420
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dennis Iwamoto

    Iwamoto Real Estate Services, LLC

    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Susan Darnauer-Iwamoto

    Iwamoto Real Estate Services, LLC

    Section Image

  • E

    Buyer's Agent in 2012

    Elizabeth Silva

    Realty One Group

    (602) 405-6362

    1 in this area

    28 Total Sales

    Elizabeth Silva
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4832343

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-180

Arizona Maricopa County Tempe 85283 The Lakes

5819 S College Ave, Tempe, AZ

This home is located at 5819 S College Ave, Tempe, AZ 85283 since 10 October 2012 and is currently estimated at $508,836, approximately $334 per square foot. This property was built in 1974. 5819 S College Ave 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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