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1964 East Colgate Drive

1964 East Colgate Drive, Tempe, AZ 85283
Sold Dec 20, 2021
$473,000
$449,350 by North American Savings Bank Fs
Mortgage Due Jan 01, 2052
Sold May 28, 2021
$458,000
Local assessors in Tempe, AZ have categorized 1964 East Colgate Drive as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 7,353 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1964 East Colgate Drive has a total of 1,602 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of block were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1964 East Colgate Drive sold most recently in Dec 20, 2021 for a total of $473,000. If you work out the math, that's approximately a cost of $295.26 per sqft. Before that, the property was also sold for $458,000 in May 28, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,512 in taxes each year. 1964 East Colgate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,210. If we break it down further, the land itself was valued at $7,240. Improvements to the property, however, were assessed at a total of $28,970. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,353
  • Total Building Area: 1,602
  • Gross Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNOELL TEMPE UNIT 5
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KNOELL TEMPE UNIT 5 MCR 150-09

Ownership

  • Current Owner : OWENS FRED
  • Previous Owner : OPENDOOR PROPERTY TRUST I
  • Owner Before Previous Owner: BENOIT NATHAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319904

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 15009
  • Parcel: 301-01-673
  • Lot: 1012
  • Meridian: SEC 1 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3757
  • Longitude: -111.902

    Address

  • Full Address: 1964 E Colgate Dr
  • Address - House Number: 1964
  • Street Direction: E
  • Address - Street Name: Colgate
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C060
  • 4-Digit Zip Code: 2360
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,512
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 492,308
  • High Value: 566,640
  • Low Value: 417,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $449,350
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $449,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $362,100
  • Market Land Value: $72,400
  • Market Improvement Value: $289,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,210
  • Assessed Land Value: $7,240
  • Assessed Improvements Value: $28,970

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875004361
  • Current Sale Price: $473,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211344782
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 28, 2021
  • Previous Sale Amount: $458,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1964 East Colgate Drive located in?
The 1964 East Colgate Drive is a house located in the neighborhood of Optimist Park NE in Optimist Park NE, Tempe.
What is the average sales price for listings in 1964 East Colgate Drive?
The average sales price for units in 1964 East Colgate Drive is $0 currently.

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