NOT LISTED FOR SALE

7841 S Terrace Rd Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $776,475 - $840,000

4 Beds
2 Baths
2,614 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $392,000 $150 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,624/month

8 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Corner Lot
  • C I Waggoner School Rated A-
  • Spanish Architecture
  • Granite Countertops

About This Home

As of July 2012

Beautiful, newly renovated home in popular south Tempe neighborhood. Large, open floorplan with 4 oversized bedrooms, 2 bathrooms and a bonus room/den. 18 inch travertine throughout all the common areas, completely remodeled kitchen with upgraded granite counter tops, BRAND NEW stainless steel appliances, and custom cabinetry. Spacious master suite with gorgeous tiled shower and soaking tub. LARGE backyard with a beautiful pool and spa, covered patio and grass area, great for entertaining!!

Last Agent to Sell the Property

Emily Duarte

Keller Williams Arizona Realty License #SA565425000 Listed on: 06/05/2012

Keller Williams Arizona Realty

Last Buyer's Agent

Betsie Melter

Realty ONE Group License #SA545797000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1985

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence
  • Desert Landscape
  • Corner Lot

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,614 Sq Ft Home
  • Skylights
  • Fireplace
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Gated

Pool

  • Play Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch

Schools

  • Kyrene Middle School
  • Corona Del Sol High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • $2,904 per year Dock Fee
  • Association fees include no fees
  • Built by Sandahl Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,377

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Tax Municipality: Tempe
  • Cross Street: Rural and Elliot
  • Legal Info Lot Number: 108
  • Property Type: A
  • Unit Style: All on One Level
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 486.00
  • Hndrd Blk Directionl: E
  • Hundred Block: 1125
  • Legal Description Abbrev: Sandahl Homes Tempe Lt 01-171 172-267 Tr A B
  • Type: ER
  • Ownership: Fee Simple
  • Architecture: Spanish
  • Assessor Parcel Number: 301-51-486
  • Capital Improvement Impact Fee Dollar Percent: %
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 42FRDXPSO2G2S
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • Map Code Grid: S37
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Slab Parking Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 149.96
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1985
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Skylight(s)
  • Bedrooms: 4
  • Bedrooms Plus: 5.00
  • Other Rooms: Family Room
  • Bathrooms: 2.00
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: 1 Fireplace
  • Dining Area: Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 11831.00
  • Estimated Sq Ft: 2614.00
  • Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Range/Oven Elec, Refrigerator, Walk-in Pantry
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Spa: Private
  • Landscaping: Desert Front, Grass Back, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s)
  • Pool Private: Play Pool, Private

Garage/Parking

  • Parking Features: Electric Door Opener, RV Gate

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Fee Include: No Fees

Schools

  • High School: Corona Del Sol High School
  • Jr High School: Kyrene Middle School

Lot Info

  • Property Description: Corner Lot

Building Info

  • Builder Name: Sandahl Homes

Tax Info

  • Taxes: 2903.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lafave Julie A
Bought by
Lafave Julie A
Current Estimated Value
$812,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Outstanding Balance
$387,532
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$424,587

Purchase Details

Closed on
Sep 23, 2016
Sold by
Lafave Andrew and Lafave Julie
Bought by
Lafave Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jul 10, 2012
Sold by
The Artona Group Usa Inc
Bought by
Lafave Andrew and Lafave Julie
Seller's Agent
Emily Duarte
Keller Williams Arizona Realty
Buyer's Agent
Betsie Melter
Realty ONE Group
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$372,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2012
Closed on
May 23, 2012
Sold by
Tru Realty Llc
Bought by
Artona Group Usa Inc
Seller's Agent
Emily Duarte
Keller Williams Arizona Realty
Buyer's Agent
Betsie Melter
Realty ONE Group
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2011
Closed on
Apr 11, 2012
Sold by
Tru Realty Llc
Bought by
Artona Group Usa Inc
Seller's Agent
Jason Wells
Keller Williams Legacy One
Buyer's Agent
Sarah Kirsch-Richardson
Keller Williams Realty Phoenix
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Purchase Details

Listed on
Feb 28, 2011
Closed on
Mar 13, 2012
Sold by
Rivas Beverly A
Bought by
Tru Realty Llc
Seller's Agent
Jason Wells
Keller Williams Legacy One
Buyer's Agent
Sarah Kirsch-Richardson
Keller Williams Realty Phoenix
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Purchase Details

Closed on
Sep 20, 2005
Sold by
Rivas Victor
Bought by
Rivas Beverly A

Purchase Details

Closed on
Aug 9, 2004
Sold by
Hancock Terry L and Hancock Mary K
Bought by
Rivas I Victor and Rivas Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
Hancock Terry L and Hancock Mary K
Bought by
Hancock Terry L and Hancock Mary K

Purchase Details

Closed on
Sep 10, 2002
Sold by
Hancock Terry L
Bought by
Hancock Terry L and Hancock Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.24%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Hancock Mary K and Hancock Mary Kathryn
Bought by
Hancock Terry L and Hancock Terry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.24%

Purchase Details

Closed on
May 19, 2000
Sold by
Matenaer Gerhard P
Bought by
Hancock Terry L and Hancock Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,600
Interest Rate
8.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lafave Julie A -- Grand Canyon Title Agency
Lafave Julie A -- Clear Title Agency Of Az Llc
Lafave Andrew $392,000 Lawyers Title Of Arizona Inc
The Arizona Group Usa Inc -- Lawyers Title Of Arizona Inc
Artona Group Usa Inc -- None Available
Artona Group Usa Inc -- None Available
Tru Realty Llc $255,000 Sterling Title Agency Llc
Rivas Beverly A -- --
Rivas Beverly A -- --
Rivas I Victor $359,000 First American Title Ins Co
Hancock Terry L -- --
Hancock Terry L -- Security Title Agency
Hancock Terry L -- --
Hancock Terry L $257,500 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafave Julie A $437,500
Closed Lafave Julie A $363,200
Closed Lafave Andrew $372,400
Previous Owner Rivas I Victor $287,200
Previous Owner Hancock Terry L $224,000
Previous Owner Hancock Terry L $252,000
Previous Owner Hancock Terry L $244,600
Closed Hancock Terry L $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2012 07/12/12 Sold $392,000 -1.8% $150 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $399,000 +56.5% $153 / Sq Ft
03/29/2012 03/29/12 Sold $255,000 0.0% $98 / Sq Ft View Prior Sale
11/30/2011 11/30/11 Pending -- -- --
11/23/2011 11/23/11 Price Changed $255,000 -3.8% $98 / Sq Ft
11/16/2011 11/16/11 For Sale $265,000 +3.9% $101 / Sq Ft
11/03/2011 11/03/11 Off Market $255,000 -- --
10/13/2011 10/13/11 Price Changed $265,000 -1.9% $101 / Sq Ft
09/19/2011 09/19/11 Price Changed $270,000 -5.3% $103 / Sq Ft
05/03/2011 05/03/11 Price Changed $285,000 -3.4% $109 / Sq Ft
04/11/2011 04/11/11 Price Changed $295,000 -3.3% $113 / Sq Ft
03/22/2011 03/22/11 Price Changed $305,000 -3.2% $117 / Sq Ft
02/28/2011 02/28/11 For Sale $315,000 -- $121 / 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 $4,377 $45,642 -- --
2024 $4,107 $43,469 -- --
2023 $4,107 $57,170 $11,430 $45,740
2022 $3,888 $44,670 $8,930 $35,740
2021 $3,989 $42,170 $8,430 $33,740
2020 $3,887 $40,400 $8,080 $32,320
2019 $3,754 $36,700 $7,340 $29,360
2018 $3,621 $35,350 $7,070 $28,280
2017 $3,469 $34,420 $6,880 $27,540
2016 $3,518 $36,250 $7,250 $29,000
2015 $3,250 $33,320 $6,660 $26,660
Source: Public Records

Agents Affiliated with this Home

  • Emily Duarte

    Seller's Agent in 2012

    Emily Duarte

    Keller Williams Arizona Realty

    (480) 467-9278

    4 in this area

    287 Total Sales

    Emily Duarte
    Section Image
  • Jason Wells

    Seller's Agent in 2012

    Jason Wells

    Keller Williams Legacy One

    (480) 779-7761

    9 Total Sales

    Jason Wells
    Section Image
  • Terry Anderson

    Seller Co-Listing Agent in 2012

    Terry Anderson

    eXp Realty

    (480) 639-8567

    51 Total Sales

    Terry Anderson
    Section Image
  • Betsie Melter

    Buyer's Agent in 2012

    Betsie Melter

    Realty One Group

    (480) 734-3644

    53 Total Sales

    Betsie Melter
    Section Image
  • Sarah Kirsch-Richardson

    Buyer's Agent in 2012

    Sarah Kirsch-Richardson

    Keller Williams Realty Phoenix

    (480) 327-6700

    36 Total Sales

    Sarah Kirsch-Richardson
    Section Image

  • S

    Buyer's Agent in 2012

    Sarah Richardson

    Tru Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4769696

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-51-486

Arizona Maricopa County Tempe 85284 South Tempe

7841 S Terrace Rd, Tempe, AZ

Not Listed for Sale

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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