NOT LISTED FOR SALE

720 E Vista Del Cerro Dr Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $487,000 - $569,000

4 Beds
2 Baths
1,344 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $490,000 $365 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,892/month

5 Days on Market

Highlights

  • RV Gated
  • Property is near public transit
  • No HOA
  • 0.15 Acre Lot
  • 1 Fireplace
  • Double Pane Windows

About This Home

As of May 2023

Stylish home in University Heights Neighborhood. A short few blocks down a palm lined walk to ASU, down the street from Daley Park. Tucked into the neighborhood but a prime location for the university and schools. From the moment you enter this home, you can tell it is very loved and well maintained. Updated with a perfect backyard, including a paver extended covered patio, easy to maintain desert landscaping, and a place for a hammock between two trees. Lots of room for entertaining and enjoying our weather. Split floor plan with wood french doors into the primary bedroom, that can be also converted to an office/separated apartment with its own patio. Good size bedrooms. Double pane windows and bright, natural light throughout. Move in ready!

Last Agent to Sell the Property

Hilary Sutter

My Home Group Real Estate License #SA570053000 Listed on: 03/01/2023

My Home Group Real Estate

Co-Listed By

Cassie Rhodes

My Home Group Real Estate License #SA694356000

Last Buyer's Agent

Hannah Farbstein

Pak Home Realty License #SA691364000

Pak Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1961

Lot Details

  • 6,382 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Gas Cooktop
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space
  • RV Gated

Location

  • Property is near public transit

Schools

  • Broadmor Elementary School
  • Tempe Academy Of International Studies Mckemy Campus Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • University Heights Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 133-12-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,099

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Rural & Apache
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2022
  • Directions: South on Rural, RT on Encanto to the end of the street. RT on Ventura, RT on Vista Del Cerro.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: UNIVERSITY HEIGHTS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1344.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop
  • 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: Broadmor Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Tempe Academy Of International Studies McKemy Campus

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6382.0
  • Parcel #: 133-12-005

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 2099.0
  • Tax Book Number: 133.00
  • Tax Lot: 5
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 19, 2023
Sold by
Perreault Francois
Bought by
Montes Edwin and Montes Moises
Seller's Agent
Hilary Sutter
My Home Group Real Estate
Buyer's Agent
Hannah Farbstein
Pak Home Realty
List Price
$485,000
Sold Price
$490,000
Premium/Discount to List
$5,000
1.03%
Views
4
Current Estimated Value
$516,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,913
Avg. Annual Appreciation
1.32%
Original Mortgage
$392,000
Outstanding Balance
$381,729
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$123,516

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 11, 2023
Sold by
Perreault Francois
Bought by
Montes Edwin and Montes Moises
Seller's Agent
Hilary Sutter
My Home Group Real Estate
Buyer's Agent
Hannah Farbstein
Pak Home Realty
List Price
$485,000
Sold Price
$490,000
Premium/Discount to List
$5,000
1.03%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$381,729
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$123,516

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 11, 2016
Sold by
Hall William and Hall Carissa
Bought by
Perreault Francois
Seller's Agent
Zeth Kuritzky
Keller Williams Realty East Valley
Buyer's Agent
Hilary Sutter
My Home Group Real Estate
List Price
$234,900
Sold Price
$243,900
Premium/Discount to List
$9,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$231,705
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 7, 2016
Sold by
Lafreniere Tousignant Sabrina and Perreault Francois
Bought by
Perreault Francois
Seller's Agent
Zeth Kuritzky
Keller Williams Realty East Valley
Buyer's Agent
Hilary Sutter
My Home Group Real Estate
List Price
$234,900
Sold Price
$243,900
Premium/Discount to List
$9,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,705
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Hall William
Bought by
Hall William and Hall Carissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Kunofsky Glen
Bought by
Hall William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,022
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1995
Sold by
Bank One Arizona Na
Bought by
Kunofsky Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 1995
Sold by
The Valley National Bank Of Arizona and Lucas Luke
Bought by
Bank One Arizona
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
Montes Edwin $490,000 Navi Title Agency
Montes Edwin $490,000 Navi Title Agency
Perreault Francois $243,900 Pioneer Title Agency Inc
Perreault Francois -- Pioneer Title Agency Inc
Hall William -- Lawyers Title Ins
Hall William $142,000 Capital Title Agency Inc
Kunofsky Glen $68,000 Security Title Agency
Bank One Arizona -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montes Edwin $392,000
Closed Montes Edwin $392,000
Previous Owner Perreault Francois $231,705
Previous Owner Hall William $182,000
Previous Owner Hall William $34,000
Previous Owner Hall William $144,000
Previous Owner Hall William $140,022
Previous Owner Kunofsky Glen $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $490,000 +1.0% $365 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $485,000 +98.9% $361 / Sq Ft
07/14/2016 07/14/16 Sold $243,900 +3.8% $181 / Sq Ft
05/12/2016 05/12/16 For Sale $234,900 -- $175 / 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 $1,939 $22,972 -- --
2024 $2,197 $21,878 -- --
2023 $2,197 $37,800 $7,560 $30,240
2022 $2,099 $27,970 $5,590 $22,380
2021 $2,140 $26,520 $5,300 $21,220
2020 $2,069 $24,720 $4,940 $19,780
2019 $2,029 $20,980 $4,190 $16,790
2018 $1,975 $19,710 $3,940 $15,770
2017 $1,913 $17,830 $3,560 $14,270
2016 $2,194 $18,130 $3,620 $14,510
2015 $2,108 $17,100 $3,420 $13,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6526750

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-12-005