NOT LISTED FOR SALE

8240 S Homestead Ln Tempe, AZ 85284

South Tempe Neighborhood

Estimated Value: $1,212,255 - $1,350,000

3 Beds
3 Baths
3,445 Sq Ft
$376/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $725,000 $210 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,455/month

31 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Wood Flooring
  • C I Waggoner School Rated A-
  • 0.37 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2017

Exquisitely appointed & impeccably maintained with the utmost in perfection! Charming Curb Appeal with Beautiful Fountain Entry. Formal Living & Dining, Wet Bar, Gourmet Island Kitchen with 2 Dishwashers, Tons of Cabinetry, Granite Countertops, Walk in Pantry w/room for Wine Fridge, New Lighting, Family Room with Stone Wall Fireplace, Pella Doors, Custom Shutters, Stone Floor, Custom Awnings, Surround Sound, Security System, Central Vac, Huge Secondary Bedrooms, Entertainer's Dream of a Backyard w/ Courtyard setting. Pebbletec pool, Waterfall, Spa, Built in BBQ & Sitting Area, Gazebo, Putting Green Extended Length Garage with sealed floors and Custom Cabinets. Bedroom #2 set up as office with Custom Wall Bed, Bedroom #4 Currently set up as Library/Den. Seller willing to convert den back to original bedroom.

Last Agent to Sell the Property

Patti Agnew

Keller Williams Realty East Valley License #SA116416000 Listed on: 09/28/2017

Keller Williams Realty East Valley

Co-Listed By

'Chris Atchley'

Keller Williams Realty East Valley License #SA577584000

Last Buyer's Agent

Karl Tunberg

eXp Realty License #BR014015000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 1995

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,445 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Play Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Built-In Barbecue
  • Playground

Schools

  • C I Waggoner Elementary School
  • Kyrene Middle School
  • Corona Del Sol High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 308-13-003

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Tempe Homestead HOA, Phone Number (480) 759-4945
  • Built by Via Homes
  • Homestead Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,133

Year Built

Built in 1995

Lot Details

0

HOA Fees

$102 per month

Parking

3

Listing Details

  • Cross Street: Warner & Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 101.67
  • Basement: N
  • Cooling HVAC SEER Rating: 15
  • Items Updated Floor Yr Updated: 2013
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2016
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2012
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: North on Rural to Carver L on Carver to Homestead L on Homestead to Home
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.37
  • Co List Office Mls Id: kwevt05
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: HOMESTEAD
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 610.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3445.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Gazebo/Ramada, Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Grass Front, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: Play Pool, Variable Speed Pump, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 610.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Tempe Homestead HOA
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 145.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Tempe Homestead HOA
  • Association Fees:HOA Telephone4: 480-759-4945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: C I Waggoner School
  • High School: Corona Del Sol High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16074.0
  • Parcel #: 308-13-003
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Via Homes

Tax Info

  • Tax Annual Amount: 5133.0
  • Tax Book Number: 308.00
  • Tax Lot: 3
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Wen Jipu and Li Qun
Bought by
Jipu Wen And Qun Li Revocable Living Trust and Wen
Current Estimated Value
$1,295,314

Purchase Details

Closed on
Aug 26, 2021
Sold by
Wen Jipu and Li Qun
Bought by
Wen Jipu and Li Quin

Purchase Details

Listed on
Sep 28, 2017
Closed on
Dec 13, 2017
Sold by
Cottam James J and Cottam Carol R
Bought by
Wen Jipu and Li Qun
Seller's Agent
Patti Agnew
Keller Williams Realty East Valley
Buyer's Agent
Karl Tunberg
eXp Realty
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$400,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Ekim Enterprises Llc
Bought by
Cottam James J and Cottam Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1998
Sold by
Via Homes Inc
Bought by
Ekim Enterprises Llc
Source: Public Records

Range of Values:

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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
Jipu Wen And Qun Li Revocable Living Trust -- None Listed On Document
Wen Jipu -- None Available
Wen Jipu $725,000 Clear Title Agency Of Arizon
Cottam James J $525,000 Chicago Title Insurance Co
Ekim Enterprises Llc $325,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wen Jipu $307,500
Previous Owner Wen Jipu $400,000
Previous Owner Cottam James J $265,000
Previous Owner Cottam James J $326,400
Previous Owner Cottam James J $330,000
Previous Owner Cottam James J $200,000
Previous Owner Cottam James J $322,700
Previous Owner Cottam James J $28,700
Previous Owner Cottam James J $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $725,000 -3.3% $210 / Sq Ft
12/14/2017 12/14/17 Price Changed $750,000 0.0% $218 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $750,000 -3.2% $218 / Sq Ft
09/28/2017 09/28/17 For Sale $775,000 -- $225 / 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 $6,152 $63,891 -- --
2024 $5,988 $60,849 -- --
2023 $5,988 $102,420 $20,480 $81,940
2022 $5,683 $78,920 $15,780 $63,140
2021 $5,823 $75,210 $15,040 $60,170
2020 $5,681 $71,100 $14,220 $56,880
2019 $5,495 $59,880 $11,970 $47,910
2018 $5,309 $62,760 $12,550 $50,210
2017 $5,082 $61,950 $12,390 $49,560
2016 $5,133 $61,370 $12,270 $49,100
2015 $4,687 $56,100 $11,220 $44,880
Source: Public Records

Agents Affiliated with this Home

  • Patti Agnew

    Seller's Agent in 2017

    Patti Agnew

    Keller Williams Realty East Valley

    (480) 797-2891

    3 in this area

    25 Total Sales

    Patti Agnew
    Section Image

  • '

    Seller Co-Listing Agent in 2017

    'Chris Atchley'

    Keller Williams Realty East Valley

    2 Total Sales

    'Chris Atchley'
    Section Image

  • K

    Buyer's Agent in 2017

    Karl Tunberg

    eXp Realty

    (480) 369-5130

    4 in this area

    301 Total Sales

    Karl Tunberg
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5666270

Arizona Regional Multiple Listing Service (ARMLS)

APN: 308-13-003

Arizona Maricopa County Tempe 85284 South Tempe

8240 S Homestead Ln, Tempe, AZ

This home is located at 8240 S Homestead Ln, Tempe, AZ 85284 since 28 September 2017 and is currently estimated at $1,295,314, approximately $375 per square foot. This property was built in 1995. 8240 S Homestead Ln is a home located in Maricopa County with nearby schools including C I Waggoner School, Kyrene Middle School, and Corona Del Sol 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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