NOT LISTED FOR SALE

702 E Colgate Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $366,000 - $386,000

3 Beds
2 Baths
1,439 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $390,000 $271 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,238/month

2 Days on Market

Highlights

  • Private Yard
  • Covered Patio or Porch
  • Outdoor Storage
  • Community Pool
  • Tile Flooring
  • Central Air

About This Home

As of June 2024

Beautiful 3 Bedroom, 2 Bath, Single Level Patio/Townhome Located in Desired University Royal Garden Homes, Remodeled Kitchen w/Appliances Included, Dining Room, Spacious Family Room, Master Bedroom w/Separate Backyard Exit & Ensuite Master Bathroom, Inside Laundry Room & Storage Room, New Carpet in Bedrooms & Tile Throughout, Covered Backyard Patio, Fenced Backyard, 2 Car Carport, Short Walk To Community Pool, Come Check It Out!

Last Agent to Sell the Property

Adam Hamblen

Realty One Group License #SA548243000 Listed on: 05/03/2024

Realty One Group

Last Buyer's Agent

Erik Walbot

Realty ONE Group License #SA525511000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1979

Lot Details

  • 3,494 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $169 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Aguila 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 32
  • Assessor Parcel Number 301-80-475

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint, maintenance exterior
  • Vision Comm Mgt Association, Phone Number (480) 759-4945
  • Built by MASTERCRAFT
  • University Royal Garden Homes Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,194

Year Built

Built in 1979

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Cross Street: Rural Rd & Baseline Rd
  • 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: 168.81
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2023
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: UNIVERSITY ROYAL GARDEN HOMES
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 271.02
  • Association Fees:HOA Fee2: 168.81
  • 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, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Full Bth Master Bdrm
  • Living Area: 1439.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Sprinklers In Front, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 168.81
  • Association Fee Frequency: Monthly
  • Association Name: UNIVERSITY ROYAL GAR
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: UNIVERSITY ROYAL GAR
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 337.62
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: VISION COMM MGT
  • Association Fees:HOA Management Phone: 480-759-4945
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

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

Schools

  • Elementary School: Aguila Elementary 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: 3494.0
  • Parcel #: 301-80-475

Building Info

  • Builder Name: MASTERCRAFT

Tax Info

  • Tax Annual Amount: 1194.0
  • Tax Book Number: 301.00
  • Tax Lot: 32
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 7, 2024
Sold by
Mayfield Living Trust and Leffler Tiffanie
Bought by
Ortiz Jorge
Seller's Agent
Adam Hamblen
Realty One Group
Buyer's Agent
Erik Walbot
Realty ONE Group
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Views
308
Current Estimated Value
$374,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,828
Avg. Annual Appreciation
-2.62%
Original Mortgage
$382,936
Outstanding Balance
$378,188
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
-$4,016

Purchase Details

Closed on
May 26, 2023
Sold by
Mayfield Virginia
Bought by
Mayfield Living Trust and Mayfield

Purchase Details

Closed on
Jan 30, 2002
Sold by
Ewin William H and Ewin Grace L
Bought by
Mayfield Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1996
Sold by
Ewin William H and Ewin Grace T
Bought by
Ewin William H and Ewin Grace L

Purchase Details

Closed on
Oct 7, 1994
Sold by
Kusse Betty J
Bought by
Ewin William H and Ewin Grace T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortiz Jorge $390,000 Navi Title Agency
Mayfield Living Trust -- None Listed On Document
Mayfield Virginia $114,900 First American Title
Ewin William H -- --
Ewin William H $74,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jorge $382,936
Previous Owner Mayfield Virginia $91,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $390,000 0.0% $271 / Sq Ft
05/07/2024 05/07/24 Price Changed $390,000 +1.3% $271 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $385,000 -- $268 / 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 $1,302 $12,485 -- --
2024 $1,194 $11,891 -- --
2023 $1,194 $25,530 $5,100 $20,430
2022 $1,141 $20,180 $4,030 $16,150
2021 $1,163 $18,870 $3,770 $15,100
2020 $1,125 $17,720 $3,540 $14,180
2019 $1,103 $16,210 $3,240 $12,970
2018 $1,073 $15,020 $3,000 $12,020
2017 $1,040 $13,930 $2,780 $11,150
2016 $1,035 $12,850 $2,570 $10,280
2015 $1,001 $10,860 $2,170 $8,690
Source: Public Records

Agents Affiliated with this Home

  • Adam Hamblen

    Seller's Agent in 2024

    Adam Hamblen

    Realty One Group

    (623) 404-8573

    3 in this area

    813 Total Sales

    Adam Hamblen
    Section Image
  • Erik Walbot

    Buyer's Agent in 2024

    Erik Walbot

    Realty One Group

    (602) 430-7519

    1 in this area

    53 Total Sales

    Erik Walbot
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6698455

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-475

Arizona Maricopa County Tempe 85283 The Lakes

702 E Colgate Dr, Tempe, AZ

Not Listed for Sale

Townhouses

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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