NOT LISTED FOR SALE

722 S Lebanon Ln Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $236,000 - $277,000

2 Beds
2 Baths
987 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $120,000 $122 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,441/month

46 Days on Market

Highlights

  • Vaulted Ceiling
  • Solar Screens
  • Heating Available
  • Skylights
  • Wrought Iron Fence
  • 1-Story Property

About This Home

As of December 2016

Great opportunity for investors to buy for rental income, or a second home, or a primary residence 2 bed, 2 bath. The same units in the area are renting for around $ 1200/month. Perfectly located in coveted Tempe, Near ASU and Chicago Cubs training facility. Nice open floor plan with large bedrooms and living room. Vaulted ceiling and sky lite in living room and bathroom. Cozy and private patio with storage room. Includes washer and dryer and Platinum Package home warranty with Old Republic.
Near major freeways ( Loop 101, 202, & US60 )
Close to Mesa Riverview, Tempe Marketplace, Tempe Town Lake and ASU
Buyer to wave SPDS. Sold As-Is

Last Agent to Sell the Property

Paqeze Qalliaj

Tirana Realty Group License #BR548069000 Listed on: 10/04/2016

Last Buyer's Agent

Kimberly Childs

Thrive Realty And Property Management License #SA660485000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $581

Year Built

  • Built in 1979

Lot Details

  • 104 Sq Ft Lot
  • Wrought Iron Fence

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Solar Screens
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • University Shadows Association, Phone Number (602) 437-4777
  • University Shadows Subdivision

Listing and Financial Details

  • Legal Lot and Block D / 1
  • Assessor Parcel Number 135-39-120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$581

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: University and Price
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 205.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1979
  • Tax Year: 2015
  • Directions: East on University, North on Lebanon to property
  • Property Sub Type: Townhouse
  • Subdivision Name: UNIVERSITY SHADOWS
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 205.0
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 987.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: University Shadows
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: University Shadows
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 104.0
  • Parcel #: 135-39-120
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 581.0
  • Tax Block: 1
  • Tax Book Number: 135.00
  • Tax Lot: D
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Nov 22, 2016
Sold by
Long Delorise Ann
Bought by
Dorsey Theresa
Seller's Agent
Paqeze Qalliaj
Tirana Realty Group
Buyer's Agent
Kimberly Childs
Thrive Realty And Property Management
List Price
$117,000
Sold Price
$120,000
Premium/Discount to List
$3,000
2.56%
Current Estimated Value
$259,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,792
Avg. Annual Appreciation
9.15%
Original Mortgage
$100,001
Outstanding Balance
$80,410
Interest Rate
3.47%
Mortgage Type
FHA
Estimated Equity
$179,382

Purchase Details

Listed on
Jun 27, 2016
Closed on
May 31, 2016
Sold by
Weafer Robert
Bought by
Long Delorise Ann
Seller's Agent
Thoi Truong
eXp Realty
Buyer's Agent
Paqeze Qalliaj
Tirana Realty Group
List Price
$99,500
Sold Price
$100,000
Premium/Discount to List
$500
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.95%
Original Mortgage
$80,000
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Dorsey Theresa $120,000 Chicago Title Agency
Long Delorise Ann $100,000 Chicago Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Theresa $100,001
Previous Owner Long Delorise Ann $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2016 12/16/16 Sold $120,000 +2.6% $122 / Sq Ft
11/10/2016 11/10/16 For Sale $117,000 -2.5% $119 / Sq Ft
10/07/2016 10/07/16 Off Market $120,000 -- --
10/03/2016 10/03/16 Price Changed $117,000 +99900.0% $119 / Sq Ft
10/03/2016 10/03/16 For Sale $117 -99.9% $0 / Sq Ft
07/05/2016 07/05/16 Sold $100,000 +0.5% $101 / Sq Ft View Prior Sale
06/27/2016 06/27/16 For Sale $99,500 0.0% $101 / Sq Ft
06/27/2016 06/27/16 Price Changed $99,500 0.0% $101 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $99,500 -- $101 / 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 $701 $7,244 -- --
2024 $693 $6,899 -- --
2023 $693 $17,220 $3,440 $13,780
2022 $662 $13,700 $2,740 $10,960
2021 $675 $12,450 $2,490 $9,960
2020 $652 $12,150 $2,430 $9,720
2019 $640 $10,170 $2,030 $8,140
2018 $623 $8,330 $1,660 $6,670
2017 $603 $6,970 $1,390 $5,580
2016 $600 $6,960 $1,390 $5,570
2015 $581 $6,250 $1,250 $5,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paqeze Qalliaj

    Tirana Realty Group

    (623) 695-1596

    7 Total Sales

    Paqeze Qalliaj
    Section Image
  • Thoi Truong

    Seller's Agent in 2016

    Thoi Truong

    eXp Realty

    (602) 386-9866

    35 Total Sales

    Thoi Truong
    Section Image
  • Kimberly Childs

    Buyer's Agent in 2016

    Kimberly Childs

    Thrive Realty And Property Management

    (480) 353-7409

    117 Total Sales

    Kimberly Childs
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5505989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-39-120

Arizona Maricopa County Tempe 85281 Apache

722 S Lebanon Ln, Tempe, AZ

This home is located at 722 S Lebanon Ln, Tempe, AZ 85281 since 04 October 2016 and is currently estimated at $259,792, approximately $263 per square foot. This property was built in 1979. 722 S Lebanon Ln is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and Educational Models for Learning ? Arizona.

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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