NOT LISTED FOR SALE

725 E Cornell Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $466,000 - $525,000

4 Beds
2 Baths
1,538 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 24, 2012

Last sale price $145,000 $94 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $2,795/month

Highlights

  • 0.18 Acre Lot
  • Covered Patio or Porch
  • Tile Flooring
  • No HOA
  • Eat-In Kitchen
  • Grass Covered Lot

About This Home

As of September 2012

Nice 4 bedroom house with some upgrades such as roof,flooring and bathrooms completed. Not a short sale or REO. Quick response time.

Last Agent to Sell the Property

William Winston

Superlative Realty License #BR032686000 Listed on: 08/22/2012

Superlative Realty

Last Buyer's Agent

William Winston

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1973

Lot Details

  • 7,806 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Open Parking Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • University Royal Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 407
  • Assessor Parcel Number 301-80-411

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Rural and Baseline
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Year Built: 1973
  • Tax Year: 2011
  • Directions: South on Rural to Cornell. West on Cornell to house on S side of street.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.18
  • Subdivision Name: University Royal
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1538.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Dirt Front, Grass Back
  • Pool Features: None
  • Disclosures: None
  • Home Warranty: Yes
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Open Parking Spaces: 1.0
  • Laundry:In Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: In Garage, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Aguila Elementary School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7806.0
  • Parcel #: 301-80-411
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1525.0
  • Tax Book Number: 301.00
  • Tax Lot: 407
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
Sep 21, 2012
Sold by
Winsotn Robert K and Cresto Victor Joseph
Bought by
Cresto Peter Joseph
Seller's Agent
William Winston
Superlative Realty
Buyer's Agent
William Winston
Superlative Realty
Sold Price
$145,000
Current Estimated Value
$496,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,352
Avg. Annual Appreciation
9.57%
Original Mortgage
$109,890
Outstanding Balance
$78,806
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$397,846

Purchase Details

Closed on
May 1, 2012
Sold by
Cresto Susan M
Bought by
Winston Robert K and Estate Of Victor Joseph Cresto

Purchase Details

Closed on
Mar 22, 2000
Sold by
Cresto Willie Nora
Bought by
Cresto Nora S and Nora S Cresto 2000 Declaration Of Trust
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
Cresto Peter Joseph $145,000 Driggs Title Agency Inc
Winston Robert K -- None Available
Cresto Nora S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cresto Peter Joseph $109,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2012 09/24/12 Sold $145,000 -- $94 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
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 $1,950 $20,131 -- --
2024 $1,926 $19,172 -- --
2023 $1,926 $36,300 $7,260 $29,040
2022 $1,839 $26,350 $5,270 $21,080
2021 $1,875 $24,230 $4,840 $19,390
2020 $1,813 $21,530 $4,300 $17,230
2019 $1,778 $19,570 $3,910 $15,660
2018 $1,730 $17,530 $3,500 $14,030
2017 $1,676 $15,660 $3,130 $12,530
2016 $1,668 $15,220 $3,040 $12,180
2015 $1,614 $13,980 $2,790 $11,190
Source: Public Records

Agents Affiliated with this Home

  • William Winston

    Seller's Agent in 2012

    William Winston

    Superlative Realty

    (888) 888-8888

    4 in this area

    13 Total Sales

    William Winston
    Section Image

  • B

    Buyer's Agent in 2012

    Bill Winston

    Neighborhood Experts

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4807480

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-80-411

Arizona Maricopa County Tempe 85283 The Lakes

725 E Cornell Dr, Tempe, AZ

This home is located at 725 E Cornell Dr, Tempe, AZ 85283 since 22 August 2012 and is currently estimated at $496,352, approximately $322 per square foot. This property was built in 1973. 725 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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