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432 East Cornell Drive

432 East Cornell Drive, Tempe, AZ 85283
Sold Feb 19, 2020
$353,000
$260,000 by Loandepot.com Llc
Mortgage Due Nov 01, 2041
Sold Sep 09, 2019
$260,000
$221,000 by Azben Limited Llc
Mortgage
432 East Cornell Drive has been categorized by the local assessors in Tempe, AZ as a residential type of property. The building on the property was first built in 1973 and is 51 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 432 East Cornell Drive has 1,855 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,611 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of block. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 432 East Cornell Drive was last sold in Feb 4, 2020 for $353,000. According to our calculations, that's $190.30 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Sep 4, 2019. Current property owners are expected to pay $2,500 in taxes per year. The property on 432 East Cornell Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,420. To break that down further, the land itself was valued at $7,480. While improvements to the property were assessed at a total of $29,940. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1973
  • Effective Year Built: 1973
  • 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: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,611
  • Total Building Area: 1,855
  • Gross Building Area: 1,855
  • Building Area: 1,855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY ROYAL
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY ROYAL MCR 150-17

Ownership

  • Current Owner : LEUNG KA FAI
  • Current Owner 2: TSANG YUKYING
  • Previous Owner : HINTZ CARLOS W
  • Owner Before Previous Owner: SECRETARY OF HSNG & URBAN DEV OF WA D C

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 319902

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 15017
  • Parcel: 301-80-366
  • Lot: 362
  • Meridian: SEC 3 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.3724
  • Longitude: -111.931

    Address

  • Full Address: 432 E Cornell Dr
  • Address - House Number: 432
  • Street Direction: E
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C061
  • 4-Digit Zip Code: 1908
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,500
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 520,030
  • High Value: 590,408
  • Low Value: 449,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $374,200
  • Market Land Value: $74,800
  • Market Improvement Value: $299,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,420
  • Assessed Land Value: $7,480
  • Assessed Improvements Value: $29,940

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Feb 19, 2020
  • Current Sale Transaction ID: 11735279733
  • Current Sale Price: $353,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200140182
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Sep 04, 2019
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Feb 19, 2020
  • First Mortgage Loan Amount: $264,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AZBEN LIMITED LLC
  • Previous Mortgage Transaction Date: Sep 09, 2019
  • Previous Mortgage Loan Amount: $221,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 432 East Cornell Drive located in?
The 432 East Cornell Drive is a house located in the neighborhood of Kiwanis Park in Kiwanis Park, Tempe.
What is the average sales price for listings in 432 East Cornell Drive?
The average sales price for units in 432 East Cornell Drive is $0 currently.

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