$420,000
SOLD JAN 6, 2023

718 W Paseo Way Tempe, AZ 85283

South Tempe Neighborhood
4 Beds
2 Baths
2,109 Sq Ft
9,087 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Covered patio or porch
  • Kyrene de la Mariposa Elementary School Rated A-
  • No HOA
  • 3 Car Direct Access Garage

About This Home

As of January 2023

Lovely, open & bright spacious 4 bed 2 bath split floor plan single level corner lot block home in South Tempe. Super Cute kitchen with lots of newer custom white cabinets, deep sink with backyard view & opens to charming breakfast nook & counter. All appliances stay. Tile flooring in all the right places. Lots of windows & 2 skylights. Enjoy the lovely back yard with over $7,000 in new turf (2021) & tall plants for extra privacy. Need Parking? Check out the three-car garage with access to back yard from 3rd bay & 4 slab spaces. Lots of spaces for storage with two sheds, side yard cement slab. Need extra room? Spacious bedrooms, living & family rooms & additional square footage in the bonus/AZ Room. Some newer windows, light fixtures, & ceiling fans. NO HOA! Kyrene School District.

Last Agent to Sell the Property

Veronica Vega

RE/MAX Solutions License #SA528093000 Listed on: 11/04/2022

RE/MAX Solutions

Last Buyer's Agent

Veronica Vega

RE/MAX Solutions License #SA528093000 Listed on: 11/04/2022

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 1985

Lot Details

  • 9,087 Sq Ft Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,109 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

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
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Hard or Low Nap Flooring
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 301-45-092

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Tempe Royal Estates Unit 2 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Guadalupe Rd & Kyrene Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Wiring: Partial
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2022
  • Directions: West on Guadalupe Rd. South on McKemy St., West on Paseo Way, Home is on the corner.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: TEMPE ROYAL ESTATES UNIT 2
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Hard/Low Nap Floors
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Laminate Counters
  • Living Area: 2109.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Corner Lot, Desert Front, Cul-De-Sac, Gravel/Stone Front, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kyrene de la Mariposa School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9087.0
  • Parcel #: 301-45-092
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1661.0
  • Tax Book Number: 301.00
  • Tax Lot: 86
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 6, 2023
Sold by
Welch Kaitlin M and Welch Corey S
Bought by
Henley Donovan and Henley Kierra
Seller's Agent
Veronica Vega
RE/MAX Solutions
Buyer's Agent
Veronica Vega
RE/MAX Solutions
List Price
$434,900
Sold Price
$420,000
Premium/Discount to List
-$14,900
-3.43%
Views
18
Current Estimated Value
$525,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,264
Avg. Annual Appreciation
8.32%
Original Mortgage
$399,000
Outstanding Balance
$388,696
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$127,013

Purchase Details

Listed on
Nov 27, 2017
Closed on
Mar 21, 2018
Sold by
Gillenwater Ralph E and Gillenwater Betty L
Bought by
Kaurich Kaitlin M and Welch Corey S
Seller's Agent
Kristen Castro
My Home Group Real Estate
Buyer's Agent
Kristen Castro
My Home Group Real Estate
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$289,656
Interest Rate
4.75%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $420,000 Security Title
Warranty Deed $295,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,000 New Conventional
Previous Owner $285,652 FHA
Previous Owner $289,656 FHA
Previous Owner $75,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $420,000 -3.4% $199 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $434,900 +47.4% $206 / Sq Ft
03/22/2018 03/22/18 Sold $295,000 -6.3% $109 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $315,000 -1.6% $116 / Sq Ft
01/18/2018 01/18/18 Price Changed $320,000 +1.6% $118 / Sq Ft
01/18/2018 01/18/18 Price Changed $315,000 -1.6% $116 / Sq Ft
01/02/2018 01/02/18 Price Changed $320,000 -1.5% $118 / Sq Ft
11/27/2017 11/27/17 For Sale $325,000 -- $120 / 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 $1,800 $19,886 -- --
2024 $1,752 $18,939 -- --
2023 $1,752 $35,530 $7,100 $28,430
2022 $1,661 $26,730 $5,340 $21,390
2021 $1,726 $25,370 $5,070 $20,300
2020 $1,685 $24,310 $4,860 $19,450
2019 $1,632 $21,650 $4,330 $17,320
2018 $1,577 $19,810 $3,960 $15,850
2017 $1,512 $18,350 $3,670 $14,680
2016 $1,533 $18,120 $3,620 $14,500
2015 $1,416 $16,410 $3,280 $13,130
Source: Public Records

Agents Affiliated with this Home

  • Veronica Vega

    Seller's Agent in 2023

    Veronica Vega

    RE/MAX

    (480) 215-6965

    1 in this area

    64 Total Sales

    Section Image
  • Kristen Castro

    Seller's Agent in 2018

    Kristen Castro

    My Home Group

    (480) 255-1821

    25 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2018

    Marcy Lobliner

    West USA Realty

    (602) 299-5433

    2 in this area

    29 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6485395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-45-092

Arizona Maricopa County Tempe 85283 South Tempe

718 W Paseo Way, Tempe, AZ

This home is located at 718 W Paseo Way, Tempe, AZ 85283 and is currently priced at $420,000, approximately $199 per square foot. This property was built in 1985. 718 W Paseo Way is a home located in Maricopa County with nearby schools including Kyrene de la Mariposa Elementary School, Kyrene 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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