NOT LISTED FOR SALE

616 E Ellis Dr Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $476,836 - $509,000

4 Beds
2 Baths
1,592 Sq Ft
$312/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $460,000 $289 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,811/month

Highlights

  • 0.24 Acre Lot
  • Corner Lot
  • Covered Patio or Porch
  • 1 Fireplace
  • No HOA
  • Eat-In Kitchen

About This Home

As of September 2023

Newly remodeled house, owner converted one open area into a nice size bedroom, so it's 4 bedrooms and 2 bath. New vinyl flooring, new interior paint, resurfaced cabinets, new lights fixtures, 2 new sliding doors, new blinds throughout, new door handles, new ceiling fans for all 4 bedrooms, new baseboards, new shelving in Master bathroom. Large corner lot. Close to freeway, shops, restaurants and ASU. Ready to go!

Last Agent to Rent the Property

Jue Kraver

Gold Trust Realty License #SA556839000 Listed on: 09/06/2023

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 10,280 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Arredondo Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/6/23
  • $45 Move-In Fee
  • 12-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 39
  • Assessor Parcel Number 133-41-459

Community Details

Overview

  • No Home Owners Association
  • College Park Unit 2 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-09-06

Listing Details

  • Cross Street: Baseline & Rural
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: COLLEGE PARK UNIT 2
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1592.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Laundry Features:In Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: In Garage, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Arredondo Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size Sq Ft: 10280.0
  • Parcel #: 133-41-459

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 133.00
  • Tax Lot: 39
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Chen Yi-Fan and Chen Min-Yen
Bought by
Ac Horizon Llc
Current Estimated Value
$496,209

Purchase Details

Closed on
Jan 22, 2024
Sold by
Chen Yi-Fan and Chen Min-Yen
Bought by
Ac Horizon Llc

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 30, 2023
Sold by
Boggs Family Living Trust
Bought by
Chen Yi-Fan and Tu Min-Yen
Seller's Agent
Jack Burns
Realty ONE Group
Buyer's Agent
Ping Koan
Gold Trust Realty
List Price
$460,000
Sold Price
$460,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$300,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2022
Sold by
Robert Boggs John
Bought by
Boggs Family Living Trust

Purchase Details

Closed on
Jun 20, 2017
Sold by
Bogg John R
Bought by
Boggs John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
4.23%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Boggs John Robert and Boggs Patricia E
Bought by
Boggs John R and Boggs Patricia E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ac Horizon Llc -- None Listed On Document
Ac Horizon Llc -- None Listed On Document
Chen Yi-Fan $460,000 Magnus Title Agency
Boggs Family Living Trust -- None Listed On Document
Boggs John R -- None Available
Boggs John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Yi-Fan $300,000
Previous Owner Boggs John R $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Rented $2,500 0.0% --
09/14/2023 09/14/23 Under Contract -- -- --
09/07/2023 09/07/23 For Rent $2,500 0.0% --
06/30/2023 06/30/23 Sold $460,000 0.0% $289 / Sq Ft View Prior Sale
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $460,000 -- $289 / 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 $2,417 $20,168 -- --
2024 $1,929 $19,208 -- --
2023 $1,929 $36,610 $7,320 $29,290
2022 $1,842 $26,750 $5,350 $21,400
2021 $1,879 $24,910 $4,980 $19,930
2020 $1,816 $23,120 $4,620 $18,500
2019 $1,781 $21,220 $4,240 $16,980
2018 $1,733 $19,600 $3,920 $15,680
2017 $1,680 $17,800 $3,560 $14,240
2016 $1,672 $17,620 $3,520 $14,100
2015 $1,617 $16,010 $3,200 $12,810
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2023

    Jue Kraver

    Gold Trust Realty

    (480) 228-8607

    10 Total Sales

    Jue Kraver
    Section Image
  • Jack Burns

    Seller's Agent in 2023

    Jack Burns

    Realty One Group

    (480) 331-4173

    1 in this area

    60 Total Sales

    Jack Burns
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kristine Moore

    Realty One Group

    Section Image

  • N

    Tenant's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

  • P

    Buyer's Agent in 2023

    Ping Koan

    Gold Trust Realty

    (480) 722-9888

    2 in this area

    92 Total Sales

    Ping Koan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6601756

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-41-459

Arizona Maricopa County Tempe 85282 The Lakes

616 E Ellis Dr, Tempe, AZ

Not Listed for Sale

Detached

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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