NOT LISTED FOR SALE

5903 S Palm Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $475,202 - $499,000

3 Beds
2 Baths
1,518 Sq Ft
$321/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $377,000 $248 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,733/month

1 Day on Market

Highlights

  • Heated Spa
  • Contemporary Architecture
  • No HOA
  • 0.18 Acre Lot
  • Private Yard
  • Eat-In Kitchen

About This Home

As of April 2021

Beautiful 3-bed 2-bath home in centrally located Tempe, located right next to the sprawling Kiwanis Park with tons of outdoor amenities ! The kitchen was recently updated with granite countertops and newer black appliance package. Stone like kitchen backsplash under mounted sink with upgraded Kohler like plumbing fixture. Neutral ceramic tile in kitchen, laundry room, and bathrooms. Carpet in family room, and laminate wood floors in living room and bedrooms. There is an air conditioned detached workshop in the backyard with electricity and additional storage. Sparkling pool in the backyard with pavers with 2-car garage and synthetic grass for pride of ownership looking home.

Last Agent to Sell the Property

Daniel Kahn

E & G Real Estate Services License #BR576266000 Listed on: 03/08/2021

Last Buyer's Agent

Daniel Kahn

E & G Real Estate Services License #BR576266000 Listed on: 03/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1974

Lot Details

  • 7,680 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by MASTERCRAFT
  • University Royal Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 541
  • Assessor Parcel Number 301-81-199

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Rural Rd and Guadalupe Rd
  • 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 Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: US 60, South on Rural Rd, West on Watson, South on Palm Dr.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: UNIVERSITY ROYAL UNIT 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1518.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Synthetic Grass Frnt
  • Pool Features: Fenced, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • 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: 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: 7680.0
  • Parcel #: 301-81-199

Building Info

  • Builder Name: MASTERCRAFT

Tax Info

  • Tax Annual Amount: 2079.0
  • Tax Book Number: 301.00
  • Tax Lot: 541
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Botti Christopher L
Bought by
Botti Christopher L
Current Estimated Value
$487,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$48,090
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$444,795

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 1, 2021
Sold by
5903 S Palm Llc
Bought by
Botti Christopher L
Seller's Agent
Daniel Kahn
E & G Real Estate Services
Buyer's Agent
Daniel Kahn
E & G Real Estate Services
List Price
$377,000
Sold Price
$377,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$370,171
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 26, 2016
Sold by
Labadie Ryan D
Bought by
5903 S Palm Llc
Seller's Agent
Ryan Gehris
Usrealty Estate Brokerage LLC
Buyer's Agent
Josh Bierman
HomeSmart
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 14, 2014
Sold by
Labadie Kelly Lynn and Labadie Ryan D
Bought by
Labadie Ryan D
Seller's Agent
Brandon Tracy
Real Broker
Buyer's Agent
Neil Gillam
Arizona Realty Services
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$196,377
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2003
Sold by
Tanghe Mark and Tanghe Rebecca
Bought by
The Mark & Rebecca Tanghe Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Tanghe Mark A and Tanghe Rebecca A
Bought by
Tanghe Mark A and Tanghe Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2001
Sold by
Tanghe Mark A and Tanghe Rebecca A
Bought by
Tanghe Mark A and Tanghe Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.57%

Purchase Details

Closed on
Jul 9, 2001
Sold by
Tanghe Mark A and Tanghe Rebecca A
Bought by
Tanghe Mark A and Tanghe Rebeca A

Purchase Details

Closed on
Oct 4, 1994
Sold by
Schmuhl Donald E
Bought by
Tanghe Mark A and Tanghe Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,450
Interest Rate
8.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Botti Christopher L -- --
Botti Christopher L $377,000 Stewart Ttl & Tr Of Phoenix
5903 S Palm Llc $255,000 First American Title Ins Co
Labadie Ryan D -- Security Title Agency
Labadie Ryan D $200,000 Security Title Agency
The Mark & Rebecca Tanghe Family Trust -- --
Tanghe Mark A -- First American Title Ins Co
Tanghe Mark A -- Security Title Agency
Tanghe Mark A -- Security Title Agency
Tanghe Mark A -- --
Tanghe Mark A $85,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botti Christopher L $50,000
Previous Owner Botti Christopher L $370,171
Previous Owner Labadie Ryan D $196,377
Previous Owner Tanghe Mark A $120,000
Previous Owner Tanghe Mark A $92,000
Previous Owner Tanghe Mark A $85,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $377,000 0.0% $248 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $377,000 0.0% $248 / Sq Ft
03/29/2020 03/29/20 Rented $1,800 -5.3% --
03/10/2020 03/10/20 Under Contract -- -- --
03/10/2020 03/10/20 For Rent $1,900 0.0% --
10/18/2016 10/18/16 Sold $255,000 -1.9% $168 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
08/01/2016 08/01/16 Price Changed $259,900 -3.7% $171 / Sq Ft
07/12/2016 07/12/16 For Sale $269,900 +35.0% $178 / Sq Ft
08/15/2014 08/15/14 Sold $200,000 0.0% $132 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $200,000 -- $132 / 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 $1,758 $20,055 -- --
2024 $1,918 $19,100 -- --
2023 $1,918 $37,230 $7,440 $29,790
2022 $1,832 $27,180 $5,430 $21,750
2021 $1,868 $24,770 $4,950 $19,820
2020 $2,079 $21,870 $4,370 $17,500
2019 $2,039 $19,950 $3,990 $15,960
2018 $1,989 $18,000 $3,600 $14,400
2017 $1,929 $16,380 $3,270 $13,110
2016 $1,662 $15,900 $3,180 $12,720
2015 $1,608 $14,950 $2,990 $11,960
Source: Public Records

Agents Affiliated with this Home

  • Daniel Kahn

    Seller's Agent in 2021

    Daniel Kahn

    E & G Real Estate Services

    (480) 282-0171

    2 in this area

    44 Total Sales

    Daniel Kahn
    Section Image
  • Ryan Gehris

    Seller's Agent in 2016

    Ryan Gehris

    Usrealty Estate Brokerage LLC

    (866) 807-9087

    1 in this area

    2,126 Total Sales

    Ryan Gehris
    Section Image

  • J

    Buyer's Agent in 2016

    Josh Bierman

    HomeSmart

  • B

    Seller's Agent in 2014

    Brandon Tracy

    Real Broker

    4 Total Sales

    Brandon Tracy
    Section Image
  • Neil Gillam

    Buyer's Agent in 2014

    Neil Gillam

    Arizona Realty Services

    (602) 570-2464

    3 Total Sales

    Neil Gillam
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6217055

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-81-199

Arizona Maricopa County Tempe 85283 The Lakes

5903 S Palm Dr, Tempe, AZ

This home is located at 5903 S Palm Dr, Tempe, AZ 85283 since 08 March 2021 and is currently estimated at $487,801, approximately $321 per square foot. This property was built in 1974. 5903 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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