NOT LISTED FOR SALE

722 E Hermosa Dr Unit 5 Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $499,000 - $562,000

4 Beds
2 Baths
1,672 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 722 E Hermosa Dr Unit 5, Tempe, AZ 85282 and is currently estimated at $528,460, approximately $316 per square foot. 722 E Hermosa Dr Unit 5 is a home located in Maricopa County with nearby schools including Carminati Elementary School, Connolly Middle School, and Tempe High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Silencio Revocable Living Trust
Bought by
Alvarez David Andrew and Alvarez Christina Rae
Current Estimated Value
$528,460

Purchase Details

Closed on
Oct 4, 2010
Sold by
Holmes Gene A and Hlmes Chong Hui
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 28, 2002
Sold by
Mckay Brian
Bought by
Holmes Gene and Holmes Chong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1997
Sold by
Mckay George J and Mckay Carol L
Bought by
Mckay Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Alvarez David Andrew -- None Listed On Document
Deutsche Bank National Trust Company $161,000 Security Title Agency
Holmes Gene $162,000 Capital Title Agency Inc
Mckay Brian $95,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Gene $129,600
Previous Owner Mckay Brian $85,500
Closed Holmes Gene $24,300
Source: Public Records

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 $2,197 $21,071 -- --
2024 $2,016 $20,068 -- --
2023 $2,016 $39,060 $7,810 $31,250
2022 $1,925 $29,720 $5,940 $23,780
2021 $1,963 $27,260 $5,450 $21,810
2020 $1,898 $25,010 $5,000 $20,010
2019 $1,861 $23,460 $4,690 $18,770
2018 $1,811 $21,420 $4,280 $17,140
2017 $1,755 $19,850 $3,970 $15,880
2016 $1,746 $19,030 $3,800 $15,230
2015 $1,689 $16,210 $3,240 $12,970
Source: Public Records

Map

Arizona Maricopa County Tempe 85282 Alameda

722 E Hermosa Dr Unit 5, Tempe, AZ

Not Listed for Sale

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