850 S River Dr Unit 1036 Tempe, AZ 85281
Apache NeighborhoodEstimated Value: $357,000 - $371,562
3
Beds
3
Baths
1,391
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Two Primary Bathrooms
- Property is near public transit
- Main Floor Primary Bedroom
- Clubhouse
- Vaulted Ceiling
- Spanish Architecture
About This Home
As of October 2020This rare 3 bedroom 3 bathroom townhome in the Questa Vida development has been cash flowing as an AirBnB by the current owner with $29,000 generated in rental income in 2019. This unit comes fully furnished and is perfect for a turn key investment as a corporate rental or continuing to use it as an AirBnB. The unit features 1,391 square feet of living space with vaulted ceilings with a large courtyard and multiple patios for extended outdoor living areas. The property has been renovated to feature fresh paint, stainless steel appliances, laminate flooring in the bedrooms, tile in the living areas, full size washer and dryer, updated bathrooms, and ceiling fans in every room. The floor plan also has all bedrooms separate and two master suites.
Last Agent to Sell the Property
Grayson Real Estate License #BR636932000 Listed on: 08/02/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,323
Year Built
- Built in 1984
Lot Details
- 102 Sq Ft Lot
- End Unit
- 1 Common Wall
- Private Streets
- Block Wall Fence
- Grass Covered Lot
HOA Fees
- $195 Monthly HOA Fees
Home Design
- Spanish Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 1,391 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
Kitchen
- Breakfast Bar
- Built-In Microwave
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Parking
- 2 Carport Spaces
- Assigned Parking
- Unassigned Parking
Outdoor Features
- Covered patio or porch
Location
- Property is near public transit
- Property is near a bus stop
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
- Tax Lot E
- Assessor Parcel Number 132-68-161
Community Details
Overview
- Association fees include roof repair, insurance, sewer, street maintenance, trash, roof replacement, maintenance exterior
- Questa Vida Association, Phone Number (480) 396-4567
- Questa Vida Subdivision
- FHA/VA Approved Complex
Amenities
- Clubhouse
- Recreation Room
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2020
Closed on
Oct 26, 2020
Sold by
Raynes Derrick
Bought by
Crowe Katlynn F and Lusk Kelly Marie
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Sharon Stewart
West USA Realty
List Price
$309,000
Sold Price
$285,000
Premium/Discount to List
-$24,000
-7.77%
Total Days on Market
51
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
$77,641
Avg. Annual Appreciation
5.33%
Original Mortgage
$226,400
Outstanding Balance
$203,749
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$158,892
Purchase Details
Closed on
Sep 27, 2011
Sold by
Unkefer Alexandria
Bought by
Raynes Derrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2011
Sold by
Federal National Mortgage Association
Bought by
Raynes Derrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2010
Sold by
Harris Dallin D
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 21, 2007
Sold by
Miller Charles S and Miller Rosemary R
Bought by
Harris Dallin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
6.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 17, 2003
Sold by
Rio Salado Properties Llc
Bought by
Miller Charles S and Miller Rosemary R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,220
Interest Rate
5.72%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 10, 1999
Sold by
Harris Equity Llc
Bought by
Bisson Jean Paul and Hayford Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 1998
Sold by
Harris Derek S
Bought by
Harris Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
11.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 1998
Sold by
Smith Thomas K and Smith Gay R
Bought by
Harris Derek S
Similar Homes in Tempe, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crowe Katlynn F | $285,000 | Magnus Title Agency | |
| Raynes Derrick | -- | Security Title Agency | |
| Raynes Derrick | $99,000 | Security Title Agency | |
| Federal National Mortgage Association | $250,014 | Great American Title Agency | |
| Harris Dallin D | $223,000 | Magnus Title Agency | |
| Miller Charles S | $126,000 | Capital Title Agency Inc | |
| Bisson Jean Paul | $110,000 | Security Title Agency | |
| Harris Gary | $94,000 | -- | |
| Harris Derek S | $89,100 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crowe Katlynn F | $226,400 | |
| Previous Owner | Raynes Derrick | $94,050 | |
| Previous Owner | Harris Dallin D | $223,000 | |
| Previous Owner | Miller Charles S | $122,220 | |
| Previous Owner | Bisson Jean Paul | $99,000 | |
| Previous Owner | Harris Gary | $64,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $285,000 | -4.7% | $205 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 08/11/2020 08/11/20 | Price Changed | $299,000 | -3.2% | $215 / Sq Ft |
| 08/02/2020 08/02/20 | For Sale | $309,000 | -- | $222 / 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 | $1,260 | $13,016 | -- | -- |
| 2024 | $1,245 | $12,396 | -- | -- |
| 2023 | $1,245 | $24,150 | $4,830 | $19,320 |
| 2022 | $1,189 | $18,750 | $3,750 | $15,000 |
| 2021 | $1,212 | $16,820 | $3,360 | $13,460 |
| 2020 | $1,349 | $15,850 | $3,170 | $12,680 |
| 2019 | $1,323 | $14,900 | $2,980 | $11,920 |
| 2018 | $1,291 | $13,950 | $2,790 | $11,160 |
| 2017 | $1,252 | $13,200 | $2,640 | $10,560 |
| 2016 | $1,243 | $12,430 | $2,480 | $9,950 |
| 2015 | $1,043 | $11,220 | $2,240 | $8,980 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Grayson
Seller's Agent in 2020
Keith Grayson
Grayson Real Estate
(602) 418-0350
1 in this area
37 Total Sales
-
Sharon Stewart
S
Buyer's Agent in 2020
Sharon Stewart
West USA Realty
(480) 540-8100
1 in this area
48 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6111773
APN: 132-68-161
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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