NOT LISTED FOR SALE

702 W Paseo Way Unit 2 Tempe, AZ 85283

South Tempe Neighborhood

Estimated Value: $444,082 - $499,000

3 Beds
2 Baths
1,725 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $229,900 $133 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,780/month

4 Days on Market

Highlights

  • RV Gated
  • No HOA
  • 2 Car Direct Access Garage
  • Kyrene de la Mariposa Elementary School Rated A-
  • Covered patio or porch
  • 5-minute walk to Celaya Park

About This Home

As of July 2016

They don’t make em like this anymore and we wish they did! Solid and clean block construction single level home conveniently located in Tempe! No HOA! Split master floor plan for privacy and convenience. Tile flooring in common areas with newer carpet in generous bedrooms. Open floor plan with two separate living areas and light, bright kitchen. Eat-in dining area with easy access to huge screened in patio. Fireplace in living room takes the edge off of chilly days (we do have them on occasion!). Huge laundry with slop sink plumbing and soft water loop opens to back yard and/or two-car garage. Spacious back and side yards, storage shed, RV gate access. Located convenient to parks and recreation, Kyrene schools, shopping and easy freeway access for commute.

Last Agent to Sell the Property

John Beckstrom

HomeSmart License #SA648916000 Listed on: 06/11/2016

HomeSmart

Last Buyer's Agent

Amanda Artiles

HomeSmart License #SA657032000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1983

Lot Details

  • 7,876 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Kyrene De La Mariposa Elementary School
  • Kyrene Middle School
  • Marcos De Niza High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tempe Royal Estates 2 Lot 82 129 Subdivision

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 301-45-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,195

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Kyrene and Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2015
  • Directions: West on Guadalupe, South on Mckemy, East on Paseo Wy.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.18
  • Subdivision Name: TEMPE ROYAL ESTATES 2 LOT 82-129
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Soft Water Loop, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1725.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Screened in Patio(s), Storage
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Kyrene de la Mariposa School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7876.0
  • Parcel #: 301-45-088
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1195.0
  • Tax Book Number: 301.00
  • Tax Lot: 82
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Villagomez Gerardo and Cruz Jose Villagomez
Bought by
Villagomez Gerardo C V and Ledezma Maria J
Current Estimated Value
$476,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$210,776
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$265,495

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jul 27, 2016
Sold by
Raine Jonathan P
Bought by
Villagomez Gerardo and Villagomez Cruz Jose
Seller's Agent
John Beckstrom
HomeSmart
Buyer's Agent
Amanda Artiles
HomeSmart
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$224,852
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 6, 2015
Sold by
Faulkner Kevin K
Bought by
Raine Jonathan P
Seller's Agent
Shari Pozniak
Gentry Real Estate
Buyer's Agent
Kelly Cook
Real Broker
List Price
$210,000
Sold Price
$192,000
Premium/Discount to List
-$18,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$153,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Figueroa Richard L and Figueroa Erlinda T
Bought by
Faulkner Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,967
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2006
Sold by
Take Care Of Investments Llc
Bought by
Figueroa Richard L and Figueroa Erlinda

Purchase Details

Closed on
Feb 3, 2005
Sold by
Leon Sandra
Bought by
Taken Care Of 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
$154,400
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Taken Care Of Investments Llc
Bought by
Sandra Leon and Leon Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Bass Gayland D
Bought by
Taken Care Of Investments Llc
Source: Public Records

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Range of Values:

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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
Villagomez Gerardo C V -- Lawyers Title Of Arizona Inc
Villagomez Gerardo $229,000 Stewart Title Arizona Agency
Raine Jonathan P $192,000 Stewart Title & Trust Of Pho
Faulkner Kevin K $138,000 Fidelity Natl Title Ins Co
Figueroa Richard L $255,000 Intracoastal Title Agency Ll
Taken Care Of Investments Llc -- Grand Canyon Title Agency In
Sandra Leon $193,000 Grand Canyon Title Agency In
Taken Care Of Investments Llc $154,675 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villagomez Gerardo C V $236,000
Closed Villagomez Gerardo $224,852
Previous Owner Raine Jonathan P $153,600
Previous Owner Faulkner Kevin K $140,967
Previous Owner Sandra Leon $154,400
Previous Owner Bass Gayland D $28,340
Closed Sandra Leon $38,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $229,900 0.0% $133 / Sq Ft
06/09/2016 06/09/16 For Sale $229,900 +19.7% $133 / Sq Ft
01/09/2015 01/09/15 Sold $192,000 +3.8% $111 / Sq Ft
12/08/2014 12/08/14 Price Changed $185,000 -5.1% $107 / Sq Ft
11/18/2014 11/18/14 Price Changed $195,000 -7.1% $113 / Sq Ft
11/07/2014 11/07/14 For Sale $210,000 -- $122 / 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 $1,519 $16,782 -- --
2024 $1,479 $15,982 -- --
2023 $1,479 $31,950 $6,390 $25,560
2022 $1,402 $23,960 $4,790 $19,170
2021 $1,457 $22,680 $4,530 $18,150
2020 $1,422 $21,480 $4,290 $17,190
2019 $1,377 $19,010 $3,800 $15,210
2018 $1,331 $17,220 $3,440 $13,780
2017 $1,276 $15,810 $3,160 $12,650
2016 $1,506 $15,360 $3,070 $12,290
2015 $1,195 $13,950 $2,790 $11,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5456347

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-45-088