J
Seller's Agent in 2021
John Cunningham
eXp Realty
814 S Melody Ln Unit 52 Tempe, AZ 85281
Apache NeighborhoodEstimated Value: $294,858
2
Beds
2
Baths
1,036
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Patio
- Ceiling Fan
- Community Pool
- Outdoor Storage
- High Speed Internet
About This Home
As of May 2021Nicely renovated property right in the heart of gobs of ASU renters. Never woorry about vacancy with this property! There's a fantastic lease inn place with a fabulous tenant. Priced fair and firm for your buyer who wants a great deal on a great investment opportunity. This fantastic place won't last long at this price so write a strong and squeaky clean offer now, and save yourself all the fun of a full priced counter offer.
Last Listed By
John Cunningham
eXp Realty License #SA531754000 Listed on: 05/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $858
Year Built
- Built in 1980
Lot Details
- 102 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Land Lease of $52 per month
HOA Fees
- $243 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Spanish Architecture
- Patio Home
- Property Attached
- Wood Frame Construction
- Composition Roof
- Siding
Interior Spaces
- 1,036 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Flora Thew Elementary School
- Connolly Middle School
- Mcclintock High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 52 / 2004
- Assessor Parcel Number 132-63-312
Community Details
Overview
- Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
- Kinney Management Association, Phone Number (480) 820-3451
- Casitas East Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
May 23, 2021
Sold by
Noona Ram Prasad
Bought by
Cs Capital 5 Llc
Seller's Agent
John Cunningham
eXp Realty
Buyer's Agent
Matthew Warren
HomeSmart
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%
Total Days on Market
0
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
$69,858
Avg. Annual Appreciation
7.09%
Original Mortgage
$143,998
Outstanding Balance
$131,690
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$163,168
Purchase Details
Listed on
May 14, 2021
Closed on
Apr 27, 2021
Sold by
Noona Padmaja and Noona Ram Prasad
Bought by
Noona Ram Prasad
Seller's Agent
John Cunningham
eXp Realty
Buyer's Agent
Matthew Warren
HomeSmart
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,998
Outstanding Balance
$131,690
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$163,168
Purchase Details
Closed on
Jun 30, 2018
Sold by
Noona Ram Prasad
Bought by
Srmk Group Llc
Purchase Details
Listed on
Apr 16, 2017
Closed on
May 5, 2017
Sold by
Sorem Alan G
Bought by
Noona Ram Prasad
Seller's Agent
Phillip Shaver
HomeSmart
Buyer's Agent
John Cunningham
DeLex Realty
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Purchase Details
Closed on
Mar 16, 2005
Sold by
Ramirez Pilar
Bought by
Sorem Alan G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,400
Interest Rate
5.84%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 5, 2001
Sold by
Ramage Alan J and Ramage Mistie Ann
Bought by
Ramirez Pilar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.08%
Purchase Details
Closed on
Oct 13, 1998
Sold by
Joyner Michele M
Bought by
Ramage Alan J and Ramage Mistie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,200
Interest Rate
6.69%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cs Capital 5 Llc | $225,000 | Arizona Premier Title Llc | |
| Noona Ram Prasad | -- | Lawyers Title | |
| Noona Ram Prasad | -- | Lawyers Title | |
| Srmk Group Llc | -- | None Available | |
| Noona Ram Prasad | $110,000 | Lawyers Title Of Arizona Inc | |
| Sorem Alan G | $110,000 | Capital Title Agency Inc | |
| Ramirez Pilar | $69,900 | Lawyers Title Of Arizona Inc | |
| Ramage Alan J | $55,900 | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Noona Ram Prasad | $143,998 | |
| Previous Owner | Sorem Alan G | $106,000 | |
| Previous Owner | Sorem Alan G | $16,400 | |
| Previous Owner | Sorem Alan G | $71,400 | |
| Previous Owner | Sorem Alan G | $16,400 | |
| Previous Owner | Sorem Alan G | $71,400 | |
| Previous Owner | Ramirez Pilar | $66,400 | |
| Previous Owner | Ramage Alan J | $54,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2021 05/26/21 | Sold | $225,000 | 0.0% | $217 / Sq Ft |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- |
| 05/14/2021 05/14/21 | For Sale | $224,900 | +104.5% | $217 / Sq Ft |
| 05/15/2017 05/15/17 | Sold | $110,000 | -4.3% | $106 / Sq Ft |
| 04/30/2017 04/30/17 | Pending | -- | -- | -- |
| 04/27/2017 04/27/17 | Price Changed | $115,000 | -4.2% | $111 / Sq Ft |
| 04/24/2017 04/24/17 | For Sale | $120,000 | +9.1% | $116 / Sq Ft |
| 04/21/2017 04/21/17 | Off Market | $110,000 | -- | -- |
| 04/15/2017 04/15/17 | For Sale | $120,000 | -- | $116 / 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 | $927 | $8,278 | -- | -- |
| 2024 | $916 | $7,884 | -- | -- |
| 2023 | $916 | $17,860 | $3,570 | $14,290 |
| 2022 | $879 | $14,010 | $2,800 | $11,210 |
| 2021 | $885 | $12,710 | $2,540 | $10,170 |
| 2020 | $858 | $11,000 | $2,200 | $8,800 |
| 2019 | $842 | $9,530 | $1,900 | $7,630 |
| 2018 | $821 | $8,720 | $1,740 | $6,980 |
| 2017 | $796 | $7,600 | $1,520 | $6,080 |
| 2016 | $791 | $7,060 | $1,410 | $5,650 |
| 2015 | $760 | $5,600 | $1,120 | $4,480 |
Source: Public Records
Agents Affiliated with this Home
-
-
Matthew Warren
Buyer's Agent in 2021
Matthew Warren
HomeSmart
(602) 549-1089
2 in this area
23 Total Sales
-
Phillip Shaver
Seller's Agent in 2017
Phillip Shaver
HomeSmart
(480) 510-9628
282 Total Sales
-
Paige OReilly
Seller Co-Listing Agent in 2017
Paige OReilly
Real Broker
(480) 226-3828
55 Total Sales
Map
Similar Homes in Tempe, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6236040
APN: 132-63-312
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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