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508 East Libra Drive

508 East Libra Drive, Tempe, AZ 85283
Property in Kiwanis Park
Sold Oct 08, 2021
$393,500
$373,825 by Loandepot.com Llc
Mortgage Due Nov 01, 2051
Sold Oct 15, 1999
$108,000
$74,500 by Greenpoint Mtg Funding Inc
Mortgage Due Nov 01, 2029
508 East Libra Drive in Tempe, AZ was first built in 1972 and is 52 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 508 East Libra Drive has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,747 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home 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, 508 East Libra Drive was last sold in Sep 27, 2021 for $393,500. According to our calculations, that's $364.35 per sqft. Prior to that sales transaction, the property was sold for $108,000 in Oct 5, 1999. Current property owners are expected to pay $1,579 in taxes per year. The property on 508 East Libra Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,750. To break that down further, the land itself was valued at $6,150. While improvements to the property were assessed at a total of $24,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,747
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK UNIT 4
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLLEGE PARK UNIT 4 MCR 140-32

Ownership

  • Current Owner : TADE CAROLINE
  • Previous Owner : SEMANCIK THOMAS K
  • Previous Owner 2: CAHILL MARIE T
  • Owner Before Previous Owner: KRENZ RODNEY F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 14032
  • Parcel: 301-81-033
  • Lot: 30
  • Meridian: SEC 3 TWN 1S RNG 4E
  • Municipality: TEMPE
  • Latitude: 33.366
  • Longitude: -111.931

    Address

  • Full Address: 508 E Libra Dr
  • Address - House Number: 508
  • Street Direction: E
  • Address - Street Name: Libra
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Tempe
  • Carrier Code: C061
  • 4-Digit Zip Code: 2859
  • Zip Code: 85283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,579
  • Tax Rate Code Area: 031600

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 418,497
  • High Value: 479,202
  • Low Value: 357,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,825
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $373,825
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $307,500
  • Market Land Value: $61,500
  • Market Improvement Value: $246,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,750
  • Assessed Land Value: $6,150
  • Assessed Improvements Value: $24,600

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11859079334
  • Current Sale Price: $393,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211090432
  • Previous Sale Recording Date: Oct 15, 1999
  • Previous Sale Contract Date: Oct 05, 1999
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $373,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MTG FUNDING INC
  • Previous Mortgage Transaction Date: Oct 15, 1999
  • Previous Mortgage Loan Amount: $74,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Nov 01, 2029

About Kiwanis Park



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Frequently Asked Questions

What neighborhood is 508 East Libra Drive located in?
The 508 East Libra Drive is a located in the neighborhood of Kiwanis Park in Kiwanis Park, Tempe.
What is the average sales price for listings in 508 East Libra Drive?
The average sales price for units in 508 East Libra Drive is $0 currently.

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