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2848 South Bala Drive

2848 South Bala Drive, Tempe, AZ 85282
House in Shalimar
Sold Aug 16, 2021
$720,000
$576,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold Oct 06, 2004
$385,000
$250,000 by Rbc Mortgage Co
Mortgage Due Nov 01, 2019
Local assessors in Tempe, AZ have categorized 2848 South Bala Drive as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 9,997 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2848 South Bala Drive has a total of 3,225 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. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. 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 - B. The building has a roof that is made of asphalt. 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. The property was last sold in Aug 10, 2021 for $720,000. That's $223.26 per sqft. Prior to that sales transaction, the property was also sold in Sep 23, 2004 for $385,000. 2848 South Bala Drive was last assessed in 2023. The total value of the property was assessed at $57,630. Specifically, the land the property is located on was valued at $11,520. While improvements on the property were assessed at a total of $46,110. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,118. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,997
  • Total Building Area: 3,225
  • Gross Building Area: 3,225
  • Building Area: 3,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHALIMAR ESTATES
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHALIMAR ESTATES MCR 91/01

Ownership

  • Current Owner : CHEESMAN PHILLIP ROUSSEAU
  • Current Owner 2: WENDEL ELLIOT JOHN
  • Previous Owner : SILVERMAN LOUIS A
  • Previous Owner 2: GUERGUY SANDRA V
  • Owner Before Previous Owner: FEINSTEIN SAMUEL M
  • Owner Before Previous Owner 2: FEINSTEIN MARCIA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319403

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 9101
  • Parcel: 133-47-051
  • Lot: 51
  • Meridian: SEC 25 TWN 1N RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.398
  • Longitude: -111.896

    Address

  • Full Address: 2848 S Bala Dr
  • Address - House Number: 2848
  • Street Direction: S
  • Address - Street Name: Bala
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C074
  • 4-Digit Zip Code: 4011
  • Zip Code: 85282

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,118
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 800,812
  • High Value: 918,504
  • Low Value: 683,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $576,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $576,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $576,300
  • Market Land Value: $115,200
  • Market Improvement Value: $461,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,630
  • Assessed Land Value: $11,520
  • Assessed Improvements Value: $46,110

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11849422717
  • Current Sale Price: $720,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210882083
  • Previous Sale Recording Date: Oct 06, 2004
  • Previous Sale Contract Date: Sep 23, 2004
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $576,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RBC MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 06, 2004
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2019

About Shalimar



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Frequently Asked Questions

What neighborhood is 2848 South Bala Drive located in?
The 2848 South Bala Drive is a house located in the neighborhood of Shalimar in Shalimar, Tempe.
What is the average sales price for listings in 2848 South Bala Drive?
The average sales price for units in 2848 South Bala Drive is $0 currently.

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