NOT LISTED FOR SALE

604 E Colgate Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $386,518

3 Beds
2 Baths
1,534 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $290,000 $189 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,322/month

1 Day on Market

Highlights

  • Santa Fe Architecture
  • Covered Patio or Porch
  • Tile Flooring
  • Community Pool
  • Double Pane Windows
  • Outdoor Storage

About This Home

As of October 2020

Location, Location, Location - this over 1500 square feet 3 bedroom 2 bath gem in Tempe awaits it's next home owner! Recent upgrades include - roof with remaining warranty, dual pane windows and doors, hot water heater, disposal, cabinets, lighting, tile and carpet, and synthetic grass in the backyard. HOA maintains the front yard and includes a blanket insurance policy. All this and the home is nicely situated directly across from the community pool. Kiwannis park nearby and easy access to US 60, 101 and I10 freeways. Excellent shopping and dining around the corner. Come see for yourself using ShowingTime.!

Last Agent to Sell the Property

Laura Hawes

Locality Real Estate License #SA540532000 Listed on: 09/10/2020

Locality Real Estate

Last Buyer's Agent

Robert Ferrari II

Jason Mitchell Real Estate License #SA518116000

Jason Mitchell Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1974

Lot Details

  • 3,890 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Artificial Turf
  • Grass Covered Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Santa Fe Architecture
  • Patio Home
  • Property Attached
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 301-80-483

Community Details

Overview

  • Association fees include insurance, ground maintenance, front yard maint, maintenance exterior
  • Univ Royal Garden Association, Phone Number (602) 437-4777
  • Built by Mastercraft
  • University Royal Garden Homes Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,156

Year Built

Built in 1974

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Cross Street: Baseline & Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 150.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2019
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: UNIVERSITY ROYAL GARDEN HOMES
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 189.05
  • Association Fees:HOA Fee2: 150.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, 3/4 Bath Master Bdrm
  • Living Area: 1534.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Grass Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: Univ Royal Garden
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Univ Royal Garden
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Front Yard Maint, Maintenance Exterior

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: 3890.0
  • Parcel #: 301-80-483

Building Info

  • Builder Name: Mastercraft

Tax Info

  • Tax Annual Amount: 1156.0
  • Tax Book Number: 301.00
  • Tax Lot: 40
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 13, 2020
Sold by
Baker Michael P and Baker Katherine M
Bought by
Rednour William B and Rednour Susan
Seller's Agent
Laura Hawes
Locality Real Estate
Buyer's Agent
Robert Ferrari II
Jason Mitchell Real Estate
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$386,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,518
Avg. Annual Appreciation
5.68%
Original Mortgage
$281,300
Outstanding Balance
$250,201
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$136,317

Purchase Details

Closed on
Aug 7, 2007
Sold by
Baker Michael P and Baker Katherine M
Bought by
Baker Michael P and Baker Katherine M

Purchase Details

Closed on
Jun 1, 2007
Sold by
Woods Joan A
Bought by
Baker Michael P and Baker Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Woods Dave and Woods Joan A
Bought by
Woods Joan A

Purchase Details

Closed on
Aug 4, 1995
Sold by
Woods Joan A
Bought by
Woods David

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
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rednour William B $290,000 None Available
Baker Michael P -- Chicago Title Insurance Co
Baker Michael P $215,000 Chicago Title Insurance Comp
Woods Joan A -- None Available
Woods David -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rednour William B $281,300
Previous Owner Baker Michael P $161,250
Previous Owner Woods David $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2023 05/20/23 Off Market $290,000 -- --
10/16/2020 10/16/20 Sold $290,000 -3.0% $189 / Sq Ft
09/10/2020 09/10/20 For Sale $299,000 -- $195 / 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 $1,767 $13,084 -- --
2024 $1,252 $12,461 -- --
2023 $1,252 $26,360 $5,270 $21,090
2022 $1,195 $20,700 $4,140 $16,560
2021 $1,219 $19,360 $3,870 $15,490
2020 $1,178 $17,860 $3,570 $14,290
2019 $1,156 $16,780 $3,350 $13,430
2018 $1,125 $15,520 $3,100 $12,420
2017 $1,090 $14,470 $2,890 $11,580
2016 $1,084 $13,370 $2,670 $10,700
2015 $1,049 $11,420 $2,280 $9,140
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Laura Hawes

    Locality Real Estate

    (602) 509-1610

    11 Total Sales

    Laura Hawes
    Section Image

  • R

    Buyer's Agent in 2020

    Robert Ferrari II

    Jason Mitchell Real Estate

    (602) 708-7038

    53 Total Sales

    Robert Ferrari II
    Section Image

  • J

    Buyer Co-Listing Agent in 2020

    Jason Mitchell

    Jason Mitchell Real Estate

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6131093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-483

Arizona Maricopa County Tempe 85283 The Lakes

604 E Colgate Dr, Tempe, AZ

Not Listed for Sale

MultiFamily

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

Nearby Homes