NOT LISTED FOR SALE

717 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $474,753 - $495,000

4 Beds
2 Baths
1,318 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $265,000 $201 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,742/month

Highlights

  • 0.19 Acre Lot
  • Eat-In Kitchen
  • Kitchen Island
  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of March 2019

This 4 bedroom 2 bath, 1,318 sf home is located in Tempe, AZ. Features include tiled floors and plush carpeting in each bedroom, kitchen with black and white appliances, dining area and car port. Private back patio with fully fenced in yard, great for entertaining.

Last Agent to Rent the Property

Melissa McAfee

Evergreen Live (AZ), LLC License #SA648518000 Listed on: 01/31/2019

Last Renter's Agent

Melissa McAfee

Firstkey Homes of Arizona License #SA648518000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1973

Lot Details

  • 8,085 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Aguila Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • University Royal Subdivision

Listing and Financial Details

  • Property Available on 1/31/19
  • 12-Month Minimum Lease Term
  • Tax Lot 406
  • Assessor Parcel Number 301-80-410

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1973

Lot Details

0

Rental Info

  • Rent Includes: None
  • Available Date: 2019-01-31

Listing Details

  • Cross Street: Rural and Baseline
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South on Rural to Cornell Drive. Right on Cornell to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: UNIVERSITY ROYAL
  • Property Attached Yn: No
  • Laundry Features Washer Hookup: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1318.0
  • Stories: 1
  • Kitchen Features:Kitchen Island: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Grass Back
  • Disclosures: None
  • Construction Type: Stucco, Painted, Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 8085.0
  • Parcel #: 301-80-410

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 406
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Feb 6, 2018
Sold by
Demetrulias Gregory
Bought by
Cerberus Sfr Holdings L P
Seller's Agent
Karen Grobman
RE/MAX Fine Properties
Buyer's Agent
Daniel Noma
Easy Street Offers Arizona LLC
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%
Current Estimated Value
$484,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,438
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Jan 19, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Demetrulias Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,597
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2010
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 25, 2006
Sold by
Marken Ventures Llc
Bought by
Wilbur Paul and Wilbur Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2006
Sold by
Bianco Enterprises Llc
Bought by
Marken Ventures Llc

Purchase Details

Closed on
Jun 7, 2006
Sold by
Jones Jerry L and Jones Theresa M
Bought by
Bianco Enterprises Llc
Source: Public Records

Range of Values:

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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
Cerberus Sfr Holdings L P $265,000 Fidelity National Title Agen
Demetrulias Gregory $109,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- Accommodation
Ocwen Loan Servicing Llc $137,000 Accommodation
Wilbur Paul $270,000 Stewart Title & Trust Of Pho
Marken Ventures Llc $226,900 Westland Title Agency Of Az
Bianco Enterprises Llc $210,000 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demetrulias Gregory $112,597
Previous Owner Wilbur Paul $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2019 03/16/19 Rented $1,785 0.0% --
03/12/2019 03/12/19 Under Contract -- -- --
02/28/2019 02/28/19 Price Changed $1,785 -1.7% $1 / Sq Ft
01/31/2019 01/31/19 For Rent $1,815 0.0% --
02/09/2018 02/09/18 Sold $265,000 -1.5% $201 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $269,000 -- $204 / 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 $2,070 $18,475 -- --
2024 $2,045 $17,595 -- --
2023 $2,045 $34,720 $6,940 $27,780
2022 $1,961 $25,700 $5,140 $20,560
2021 $1,975 $23,400 $4,680 $18,720
2020 $1,915 $20,520 $4,100 $16,420
2019 $1,878 $19,200 $3,840 $15,360
2018 $1,832 $16,980 $3,390 $13,590
2017 $1,777 $15,230 $3,040 $12,190
2016 $1,765 $14,020 $2,800 $11,220
2015 $1,695 $13,220 $2,640 $10,580
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2019

    Melissa McAfee

    Evergreen Live (AZ), LLC

    (480) 937-7008

    Melissa McAfee
    Section Image
  • Karen Grobman

    Seller's Agent in 2018

    Karen Grobman

    RE/MAX

    (480) 688-0688

    73 Total Sales

    Karen Grobman
    Section Image
  • Daniel Noma

    Buyer's Agent in 2018

    Daniel Noma

    Easy Street Offers Arizona LLC

    (480) 332-8301

    4 in this area

    1,578 Total Sales

    Daniel Noma
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5875955

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-410

Arizona Maricopa County Tempe 85283 The Lakes

717 E Cornell Dr, Tempe, AZ

This home is located at 717 E Cornell Dr, Tempe, AZ 85283 since 31 January 2019 and is currently priced at $484,438. This property was built in 1973. 717 E Cornell Dr is a home located in Maricopa County with nearby schools including Aguilar Elementary School, Fees College Preparatory Middle School, and Marcos De Niza 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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