725 W Paseo Way Tempe, AZ 85283
South Tempe NeighborhoodEstimated Value: $488,673
4
Beds
2
Baths
1,644
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- RV Hookup
- Vaulted Ceiling
- No HOA
- Kyrene de la Mariposa Elementary School Rated A-
- 1 Fireplace
- Cul-De-Sac
About This Home
As of March 2024NO HOA!!! This Amazing open floor plan home is all about Location!! Perfect for your 1st time home buyers to own in Tempe for under $500K situated on an OVERSIZED Cul De Sac lot with RV GATE and Parking. NEW AC, NEW ROOF, NEW WATER HEATER, close to Kiwanis park , Ken McDonald golf Course and Tempe Sport complex practically on your door step, and just 2 miles to South Mountain Pima Canyon trail and Arizona Grand Resort. Endless opportunities for outdoor adventures for hiking, golf, and pickleball, just to name a few!. Commuting is a breeze with easy access to major freeways, ASU and vibrant downtown Tempe, and PHX Sky Harbor INT Airport. Don't miss this opportunity to make this Tempe home yours and enjoy all the local amenities this location has to offer.
Last Agent to Sell the Property
Your Home Sold Guaranteed Realty License #SA687366000 Listed on: 11/17/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,760
Year Built
- Built in 1981
Lot Details
- 0.28 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Front and Back Yard Sprinklers
- Grass Covered Lot
Parking
- 2 Car Garage
- RV Hookup
Home Design
- Wood Frame Construction
- Cellulose Insulation
- Composition Roof
- Block Exterior
Interior Spaces
- 1,644 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- 1 Fireplace
- Double Pane Windows
Kitchen
- Eat-In Kitchen
- Electric Cooktop
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- 2 Bathrooms
Schools
- Kyrene De La Mariposa Elementary School
- Kyrene Middle School
- Marcos De Niza High School
Utilities
- Evaporated cooling system
- Central Air
- Heating Available
- Water Softener
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 90
- Assessor Parcel Number 301-45-096
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Tempe Royal Estates Unit 2 Subdivision
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2023
Closed on
Mar 7, 2024
Sold by
Layne Nikki M and Layne Aundria M
Bought by
Tyrrell Kevin and Walton Doniel
Seller's Agent
Christopher Woodward
Your Home Sold Guaranteed Realty
Buyer's Agent
Karen Livingston
eXp Realty
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Total Days on Market
77
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,673
Avg. Annual Appreciation
3.59%
Original Mortgage
$446,500
Outstanding Balance
$441,271
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$50,985
Purchase Details
Listed on
Mar 21, 2020
Closed on
Jun 1, 2020
Sold by
Fiqueroa Richard L and Fiqueroa Erlinda T
Bought by
Layne Nikki M and Layne Audriab M
Seller's Agent
Ron Chambal
West USA Realty
Buyer's Agent
Linda Lieberman
Aspire Realty Group LLC
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$9,721
Interest Rate
3.1%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Purchase Details
Closed on
Dec 11, 2006
Sold by
Figueroa Richard and Metchis Nicole M
Bought by
Figueroa Richard L and Figueroa Erlinda T
Purchase Details
Closed on
Sep 24, 2002
Sold by
Park Paul R and Park Patricia K
Bought by
Figueroa Richard and Metchis Nicole M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 1999
Sold by
Park Patricia Kay and Coleman Patricia Kay
Bought by
Park Paul R and Park Patricia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.09%
Purchase Details
Closed on
Feb 20, 1998
Sold by
Coleman Jim W
Bought by
Coleman Patricia Kay
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tyrrell Kevin | $470,000 | Sunbelt Title Agency | |
| Layne Nikki M | $330,000 | First American Title Ins Co | |
| Figueroa Richard L | $300,000 | Intracoastal Title Agency Ll | |
| Figueroa Richard | $155,000 | Security Title Agency | |
| Park Paul R | -- | Grand Canyon Title Agency In | |
| Coleman Patricia Kay | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tyrrell Kevin | $446,500 | |
| Previous Owner | Layne Nikki M | $9,721 | |
| Previous Owner | Layne Nikki M | $324,022 | |
| Previous Owner | Layne Nikki M | $324,022 | |
| Previous Owner | Figueroa Richard | $79,500 | |
| Previous Owner | Figueroa Richard | $60,000 | |
| Previous Owner | Figueroa Richard | $30,600 | |
| Previous Owner | Figueroa Richard | $17,400 | |
| Previous Owner | Figueroa Richard | $10,000 | |
| Previous Owner | Figueroa Richard | $147,250 | |
| Previous Owner | Park Paul R | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | $470,000 | -1.1% | $286 / Sq Ft |
| 02/02/2024 02/02/24 | Price Changed | $475,000 | -3.0% | $289 / Sq Ft |
| 01/05/2024 01/05/24 | Price Changed | $489,900 | -1.0% | $298 / Sq Ft |
| 11/17/2023 11/17/23 | For Sale | $495,000 | +50.0% | $301 / Sq Ft |
| 07/01/2020 07/01/20 | Sold | $330,000 | 0.0% | $201 / Sq Ft |
| 05/31/2020 05/31/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | Off Market | $330,000 | -- | -- |
| 05/08/2020 05/08/20 | Price Changed | $325,000 | -1.5% | $198 / Sq Ft |
| 04/17/2020 04/17/20 | For Sale | $329,900 | 0.0% | $201 / Sq Ft |
| 04/02/2020 04/02/20 | For Sale | $329,900 | 0.0% | $201 / Sq Ft |
| 03/26/2020 03/26/20 | Pending | -- | -- | -- |
| 03/20/2020 03/20/20 | For Sale | $329,900 | -- | $201 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,808 | $19,980 | -- | -- |
| 2024 | $1,760 | $19,029 | -- | -- |
| 2023 | $1,760 | $34,800 | $6,960 | $27,840 |
| 2022 | $1,669 | $25,770 | $5,150 | $20,620 |
| 2021 | $1,734 | $24,910 | $4,980 | $19,930 |
| 2020 | $1,964 | $23,820 | $4,760 | $19,060 |
| 2019 | $1,906 | $21,580 | $4,310 | $17,270 |
| 2018 | $1,848 | $19,460 | $3,890 | $15,570 |
| 2017 | $1,777 | $17,910 | $3,580 | $14,330 |
| 2016 | $1,793 | $17,330 | $3,460 | $13,870 |
| 2015 | $1,653 | $16,080 | $3,210 | $12,870 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Woodward
Seller's Agent in 2024
Christopher Woodward
Your Home Sold Guaranteed Realty
(480) 684-0680
1 in this area
38 Total Sales
-
Karen Livingston
Buyer's Agent in 2024
Karen Livingston
eXp Realty
(623) 217-1924
1 in this area
4 Total Sales
-
Ron Chambal
Seller's Agent in 2020
Ron Chambal
West USA Realty
(602) 430-8595
1 in this area
62 Total Sales
-
Linda Lieberman
L
Buyer's Agent in 2020
Linda Lieberman
Aspire Realty Group LLC
(602) 405-3388
1 in this area
21 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6629728
APN: 301-45-096
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.
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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