NOT LISTED FOR SALE

700 S Margo Dr Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $452,000 - $494,000

4 Beds
2 Baths
1,699 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $221,000 $130 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,684/month

13 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Heating Available
  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of April 2019

4 bedrooms, 1 3/4 baths, Living & Family room, almost 1,700 sq ft per county assessor for under $200,000. About 1.3 miles to Mill & University by ASU and great downtown Tempe restaurants & Tempe beach park activities. Don't miss this one

Last Agent to Sell the Property

Jay Haugen

RE/MAX Excalibur Brokerage Phone: 480-612-7475 License #SA019949000 Listed on: 02/01/2019

RE/MAX Excalibur

Last Buyer's Agent

Sameer Mehta

Call Realty, Inc. License #SA679284000

Call Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1958

Lot Details

  • 7,553 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot

Parking

  • 1 Open Parking Space

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • D Bar L Ranchos Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 124-37-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,597

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: University & Priest
  • 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: 1958
  • Tax Year: 2018
  • Directions: University East of Priest to Beck, North on Beck to 7th Street, West on 7th Street (stay on 7th that jogs west off Starley) keep west on 7th to corner lot - Margo & 7th Street
  • Attribution Contact: 480-612-7475
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: D BAR L RANCHOS
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1699.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Alley, Corner Lot, Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • 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: Scales Technology Academy
  • 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: 7553.0
  • Parcel #: 124-37-031

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1597.0
  • Tax Book Number: 124.00
  • Tax Lot: 27
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 13, 2019
Sold by
Margo Properties Llc
Bought by
Joshi Paresh and Joshi Natalie
Seller's Agent
Jay Haugen
RE/MAX Excalibur
Buyer's Agent
Sameer Mehta
Call Realty, Inc.
List Price
$199,000
Sold Price
$221,000
Premium/Discount to List
$22,000
11.06%
Current Estimated Value
$477,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,547
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Oct 6, 2016
Sold by
East Valley Fiduciary Services Inc
Bought by
Margo Properties Llc

Purchase Details

Closed on
Jul 14, 2008
Sold by
Branham John W
Bought by
Branham John William and J W Branham Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Branham John William
Bought by
Branham John William and J W Branham Revocable Living Trust

Purchase Details

Closed on
Aug 4, 2000
Sold by
Branham Lana S
Bought by
Branham John W and Branham Jack W

Purchase Details

Closed on
Aug 6, 1998
Sold by
Branham John W and Branham Lana S
Bought by
Branham John W and Branham Lana S
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
Joshi Paresh $221,000 American Title Svc Agcy Llc
Margo Properties Llc -- None Available
Branham John William -- Security Title Agency
Branham John W -- Security Title Agency
Branham John William -- None Available
Branham John W -- --
Branham John W -- --
Branham John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Natalie $150,000
Previous Owner Branham John W $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $221,000 +11.1% $130 / Sq Ft
01/31/2019 01/31/19 For Sale $199,000 -- $117 / 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 $1,804 $16,105 -- --
2024 $1,782 $15,338 -- --
2023 $1,782 $34,360 $6,870 $27,490
2022 $1,710 $25,480 $5,090 $20,390
2021 $1,721 $24,170 $4,830 $19,340
2020 $1,669 $21,130 $4,220 $16,910
2019 $1,638 $20,100 $4,020 $16,080
2018 $1,597 $18,960 $3,790 $15,170
2017 $1,549 $17,310 $3,460 $13,850
2016 $1,538 $16,700 $3,340 $13,360
2015 $1,478 $14,300 $2,860 $11,440
Source: Public Records

Agents Affiliated with this Home

  • Jay Haugen

    Seller's Agent in 2019

    Jay Haugen

    RE/MAX

    (480) 612-7475

    84 Total Sales

    Section Image
  • Sameer Mehta

    Buyer's Agent in 2019

    Sameer Mehta

    Call Realty, Inc.

    (480) 277-7205

    20 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5876023

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-37-031

Arizona Maricopa County Tempe 85281 Sunset

700 S Margo Dr, Tempe, AZ

This home is located at 700 S Margo Dr, Tempe, AZ 85281 since 01 February 2019 and is currently estimated at $479,261, approximately $282 per square foot. This property was built in 1958. 700 S Margo Dr is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe 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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