NOT LISTED FOR SALE

Estimated Value: $349,000 - $416,000

3 Beds
2 Baths
1,413 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $208,000 $147 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,214/month

41 Days on Market

Highlights

  • Wood Flooring
  • Grass Covered Lot
  • 1-Story Property
  • No HOA
  • Heating Available

About This Home

As of April 2019

Must see new to market home. This home is perfect for a growing family interested in living in the Tempe School District. The property is within minutes of major freeways, Tempe Diablo Stadium, Legacy Golf Resort and South Mountain Park and schools. The cozy property features large bedrooms, walk in showers and open floor plan. The home also has lots of storage inside and out. Enjoy the low maintenance backyard with large covered patio and trees . Schedule your showing today!

Last Agent to Sell the Property

Thomas Espinosa

AZ Dream Homes License #SA647984000 Listed on: 02/05/2019

Co-Listed By

Daniel Noma

Venture REI, LLC License #BR559881000

Last Buyer's Agent

Ecxangari Espinoza

Pak Home Realty License #SA660969000

Pak Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1973

Lot Details

  • 6,808 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Open Parking Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,413 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Nevitt Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • University Meadows 2 Subdivision

Listing and Financial Details

  • Tax Lot 384
  • Assessor Parcel Number 123-58-262

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Southern & 40th Street
  • 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 Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2018
  • Directions: Head north on S 40th St toward E Southern Ave, Turn right at the 1st cross street onto E Southern Ave, Turn right onto S 44th St, Destination will be on the right
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-858-8734
  • Subdivision Name: UNIVERSITY MEADOWS 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1413.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • 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: Nevitt Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6808.0
  • Parcel #: 123-58-262
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 570.0
  • Tax Book Number: 123.00
  • Tax Lot: 384
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 29, 2019
Sold by
Lopez Martin Morales and Rodriguez Elvia J
Bought by
Espiritu Richard and Tornez Maria Eden
Seller's Agent
Thomas Espinosa
AZ Dream Homes
Buyer's Agent
Ecxangari Espinoza
Pak Home Realty
List Price
$222,500
Sold Price
$208,000
Premium/Discount to List
-$14,500
-6.52%
Total Days on Market
41
Current Estimated Value
$385,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,001
Avg. Annual Appreciation
10.64%
Original Mortgage
$198,341
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2017
Sold by
Lopez Martin Morales and Rodriguez Elvia J
Bought by
Lopez Martin Morales and Rodriguez Elvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Brandory Investments Llc
Bought by
Lopez Martin Morales and Morales Elvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2010
Sold by
Young James R and Young Betty J
Bought by
Cotterkey Growth Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2010
Sold by
The Cotterkey Growth Fund Llc
Bought by
Brandory Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 1996
Sold by
Vasquez Daniel and Duran Daniel
Bought by
Young James R and Young Betty J

Purchase Details

Closed on
Aug 7, 1995
Sold by
Va
Bought by
Young James R and Young Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,550
Interest Rate
7.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 1994
Sold by
Union Fsla and Williamson Gary L
Bought by
Union Fsb

Purchase Details

Closed on
Aug 10, 1994
Sold by
Union Fsl Assn
Bought by
Va
Source: Public Records

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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
Espiritu Richard $205,000 Fidelity Natl Ttl Agcy Inc
Lopez Martin Morales -- None Available
Lopez Martin Morales $79,500 Security Title Agency
Cotterkey Growth Fund Llc $40,000 Title Management Agency Of A
Brandory Investments Llc $40,000 Title Management Agency Of A
Young James R -- --
Vasquez Daniel -- --
Young James R -- --
Union Fsb -- --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espiritu Richard $197,497
Closed Espiritu Richard $198,341
Previous Owner Lopez Martin Morales $160,000
Previous Owner Lopez Martin Morales $128,000
Previous Owner Lopez Martin Morales $96,000
Previous Owner Lopez Martin Morales $73,641
Previous Owner Brandory Investments Llc $30,000
Previous Owner Young James R $62,550
Closed Richards Robert --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $208,000 +1.5% $147 / Sq Ft
03/14/2019 03/14/19 Price Changed $205,000 -7.9% $145 / Sq Ft
02/05/2019 02/05/19 For Sale $222,500 -- $157 / 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 $635 $6,792 -- --
2024 $631 $6,469 -- --
2023 $631 $24,760 $4,950 $19,810
2022 $605 $19,520 $3,900 $15,620
2021 $619 $17,400 $3,480 $13,920
2020 $598 $15,400 $3,080 $12,320
2019 $586 $12,730 $2,540 $10,190
2018 $570 $12,180 $2,430 $9,750
2017 $550 $11,050 $2,210 $8,840
2016 $547 $8,080 $1,610 $6,470
2015 $515 $6,550 $1,310 $5,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5878626

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-58-262