NOT LISTED FOR SALE

727 E Vista Del Cerro Dr Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $546,000 - $584,000

5 Beds
3 Baths
1,755 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $550,000 $313 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,315/month

5 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • 1 Fireplace
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of May 2022

Unique opportunity to own a 5 bedroom/3 bath home in very close proximity to ASU. This home has been a strong rental for over 30 years and is currently occupied by tenants until the end of September, 2022. Many upgrades done over the years. Great opportunity for remodel and bump in rental income or owner/occupancy in October, 2022. Don't miss this one.

Last Agent to Sell the Property

mike Menefee

Keller Williams Realty Phoenix License #BR021121000 Listed on: 05/05/2022

Keller Williams Realty Phoenix

Last Buyer's Agent

Heath Schollenberger

KRK Realty, Incorporated License #SA638013000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1957

Lot Details

  • 7,277 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Broadmor Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 133-12-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Rural & Broadway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1957
  • Tax Year: 2021
  • Directions: West on Broadway to Ventura Drive, North on Ventura to Vista Del Cerro, East on Vista Del Cerro to home on South side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: UNIVERSITY HEIGHTS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1755.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Alley, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • 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 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: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7277.0
  • Parcel #: 133-12-052
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2968.0
  • Tax Book Number: 133.00
  • Tax Lot: 52
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 24, 2022
Sold by
Walterscheid Peter R and Walters Kelly
Bought by
Schollenberger Llc
Seller's Agent
mike Menefee
Keller Williams Realty Phoenix
Buyer's Agent
Heath Schollenberger
KRK Realty, Incorporated
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$565,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,132
Avg. Annual Appreciation
0.85%
Original Mortgage
$270,000
Outstanding Balance
$235,304
Interest Rate
4.92%
Mortgage Type
New Conventional
Estimated Equity
$330,107

Purchase Details

Closed on
Jun 28, 2000
Sold by
Walterscheid Peter R and Walterscheid Kelly M
Bought by
Walterscheid Peter R and Walterscheid Kelly M
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
Schollenberger Llc $550,000 Old Republic Title
Walterscheid Peter R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schollenberger Llc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $550,000 0.0% $313 / Sq Ft
05/04/2022 05/04/22 For Sale $550,000 0.0% $313 / Sq Ft
09/15/2020 09/15/20 Rented $2,095 0.0% --
09/08/2020 09/08/20 Under Contract -- -- --
08/26/2020 08/26/20 For Rent $2,095 +10.6% --
07/02/2018 07/02/18 Rented $1,895 0.0% --
06/19/2018 06/19/18 Price Changed $1,895 -2.8% $1 / Sq Ft
06/15/2018 06/15/18 Price Changed $1,950 -2.3% $1 / Sq Ft
06/01/2018 06/01/18 Price Changed $1,995 -4.8% $1 / Sq Ft
05/23/2018 05/23/18 Price Changed $2,095 -4.6% $1 / Sq Ft
05/07/2018 05/07/18 For Rent $2,195 +22.3% --
06/01/2017 06/01/17 Rented $1,795 0.0% --
05/24/2017 05/24/17 Under Contract -- -- --
04/06/2017 04/06/17 For Rent $1,795 +20.1% --
12/28/2015 12/28/15 Rented $1,495 -6.3% --
11/14/2015 11/14/15 For Rent $1,595 -- --
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 $3,111 $27,769 -- --
2024 $3,073 $26,447 -- --
2023 $3,073 $45,510 $9,100 $36,410
2022 $2,948 $33,030 $6,600 $26,430
2021 $2,968 $31,350 $6,270 $25,080
2020 $2,878 $29,860 $5,970 $23,890
2019 $2,824 $25,210 $5,040 $20,170
2018 $2,753 $23,870 $4,770 $19,100
2017 $2,671 $21,850 $4,370 $17,480
2016 $2,653 $22,680 $4,530 $18,150
2015 $2,548 $20,860 $4,170 $16,690
Source: Public Records

Agents Affiliated with this Home

  • mike Menefee

    Seller's Agent in 2022

    mike Menefee

    Keller Williams Realty Phoenix

    1 in this area

    36 Total Sales

    mike Menefee
    Section Image
  • Heath Schollenberger

    Buyer's Agent in 2022

    Heath Schollenberger

    KRK Realty, Incorporated

    (313) 622-8733

    1 in this area

    56 Total Sales

    Heath Schollenberger
    Section Image

  • R

    Seller's Agent in 2020

    Richard Trujillo

    Denali Real Estate, LLC

    11 Total Sales

    Richard Trujillo
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Michael Van Vleck

    Denali Real Estate, LLC

    1 in this area

    43 Total Sales

    Michael Van Vleck
    Section Image

  • K

    Buyer's Agent in 2020

    Karla Hoffer

    RE/MAX

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6393874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-12-052

Arizona Maricopa County Tempe 85281 Downtown Tempe

727 E Vista Del Cerro Dr, Tempe, AZ

This home is located at 727 E Vista Del Cerro Dr, Tempe, AZ 85281 since 05 May 2022 and is currently estimated at $565,132, approximately $322 per square foot. This property was built in 1957. 727 E Vista Del Cerro Dr is a home located in Maricopa County with nearby schools including Broadmor Elementary School, Connolly Middle School, and Tempe 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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