Check Availability

1985 East Colgate Drive

1985 East Colgate Drive, Tempe, AZ 85283
Property in Optimist Park NE
Sold Apr 24, 2013
$150,000
$100,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2043
Sold Jun 15, 2004
$150,000
$135,000 by Countrywide Home Loans Inc
Mortgage Due Jul 01, 2034
Local assessors in Tempe, AZ have categorized 1985 East Colgate Drive as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 4,034 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. 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 1985 East Colgate Drive has a total of 1,539 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 carport 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 a unknown so you'll have a great option in the back of the home. 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 and ply sheets in a built-up roof style. Lots of stucco 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, 1985 East Colgate Drive sold most recently in Mar 26, 2013 for a total of $150,000. If you work out the math, that's approximately a cost of $97.47 per sqft. Before that, the property was also sold for $150,000 in Jun 9, 2004. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,233 in taxes each year. 1985 East Colgate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,060. If we break it down further, the land itself was valued at $5,410. Improvements to the property, however, were assessed at a total of $21,650. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • 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
  • Building Style: Townhouse
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,034
  • Total Building Area: 1,539
  • Gross Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,539
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIA DEL SUR UNIT 4 AMD
  • Land Acres: 0.093
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: COLONIA DEL SUR UNIT 4 AMD MCR 150-43

Ownership

  • Current Owner : DAVIS ERIC N
  • Previous Owner : OLSON DENIS
  • Previous Owner 2: OLSON JANE
  • Owner Before Previous Owner: DURYEA PATRICIA A
  • Owner Before Previous Owner 2: AMBROSE JAYME D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: D

Geography

  • Assessors Map Reference: 15043
  • Parcel: 301-01-739
  • Lot: 214
  • Meridian: SEC 1 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3752
  • Longitude: -111.901

    Address

  • Full Address: 1985 E Colgate Dr
  • Address - House Number: 1985
  • Street Direction: E
  • Address - Street Name: Colgate
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C060
  • 4-Digit Zip Code: 2359
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,233
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 412,663
  • High Value: 493,094
  • Low Value: 332,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 24, 2013
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: May 01, 2043

    Market Valuation

  • Market Total Value: $270,600
  • Market Land Value: $54,100
  • Market Improvement Value: $216,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,060
  • Assessed Land Value: $5,410
  • Assessed Improvements Value: $21,650

    Sales

  • Current Sale Contract Date: Mar 26, 2013
  • Current Sale Recording Date: Apr 24, 2013
  • Current Sale Transaction ID: 1009491207
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-0374320
  • Previous Sale Recording Date: Jun 15, 2004
  • Previous Sale Contract Date: Jun 09, 2004
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 24, 2013
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 15, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About Optimist Park NE



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1985 East Colgate Drive located in?
The 1985 East Colgate Drive is a located in the neighborhood of Optimist Park NE in Optimist Park NE, Tempe.
What is the average sales price for listings in 1985 East Colgate Drive?
The average sales price for units in 1985 East Colgate Drive is $0 currently.

Quantcast