$456,000 - $485,171
RENTED APR 15, 2025

702 E Carmen St Tempe, AZ 85283

South Tempe Neighborhood
4 Beds
2 Baths
1,981 Sq Ft
$235 Price per Sq Ft

Last Sold November 15, 2024

Last sale price $451,000 $228 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,772/month

About This Home

As of November 2024

This newly remodeled 4-bedroom, 2-bathroom home is a perfect rental opportunity! Located in an excellent area, it boasts a modern design and stylish upgrades throughout. The spacious living area is filled with natural light, creating a welcoming atmosphere. The kitchen features brand new appliances, sleek countertops, and ample cabinet space, ideal for cooking and entertaining. Each of the four bedrooms is generously sized, offering plenty of closet space for storage. Both bathrooms are beautifully updated with contemporary fixtures and finishes. The home is situated in a prime location, close to shops, dining, parks, and public transportation, offering convenience and comfort. Don't miss out on this beautiful rental in an unbeatable spot!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 8, 2024
Sold by
Brightbill Family Trust and Brightbill Billy A
Bought by
Lu Yan and Chen Yi
Seller's Agent
Brook Erickson
Realty Executives
Buyer's Agent
Lucy Lu
West USA Realty
List Price
$399,000
Sold Price
$451,000
Premium/Discount to List
$52,000
13.03%
Views
98
Current Estimated Value
$466,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,043
Avg. Annual Appreciation
8.13%
Original Mortgage
$338,250
Outstanding Balance
$336,588
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$129,455

Purchase Details

Closed on
Apr 18, 2008
Sold by
Brightbill Billy A and Brightbill Sharon A
Bought by
Brightbill Billy A and Brightbill Sharon A

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lu Yan $451,000 Chicago Title Agency
Lu Yan $451,000 Chicago Title Agency
Brightbill Billy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yan $338,250
Closed Lu Yan $338,250
Previous Owner Brightbill Billy A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $2,750 0.0% --
04/13/2025 04/13/25 Under Contract -- -- --
04/03/2025 04/03/25 Price Changed $2,750 -1.8% $1 / Sq Ft
03/16/2025 03/16/25 For Rent $2,800 0.0% --
03/10/2025 03/10/25 Off Market $2,800 -- --
11/15/2024 11/15/24 Sold $451,000 -7.0% $228 / Sq Ft
10/06/2024 10/06/24 Price Changed $485,000 +21.6% $245 / Sq Ft
09/10/2024 09/10/24 For Sale $399,000 -- $201 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,051 $22,662 -- --
2024 $1,997 $21,583 -- --
2023 $1,997 $36,870 $7,370 $29,500
2022 $1,893 $28,310 $5,660 $22,650
2021 $1,967 $25,710 $5,140 $20,570
2020 $1,920 $23,950 $4,790 $19,160
2019 $1,859 $22,910 $4,580 $18,330
2018 $1,797 $21,350 $4,270 $17,080
2017 $1,723 $20,050 $4,010 $16,040
2016 $1,747 $18,520 $3,700 $14,820
2015 $1,614 $16,800 $3,360 $13,440
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2025

    Yewei Zhang

    West USA Realty

    (402) 304-5310

    23 Total Sales

    Yewei Zhang
    Section Image
  • Barbara Forsyth

    Buyer's Agent in 2025

    Barbara Forsyth

    DeLex Realty

    (480) 295-2619

    59 Total Sales

    Barbara Forsyth
    Section Image

  • B

    Seller's Agent in 2024

    Brook Erickson

    Realty Executives

    (602) 488-3590

    1 in this area

    53 Total Sales

    Brook Erickson
    Section Image

  • L

    Buyer's Agent in 2024

    Lucy Lu

    West USA Realty

    (408) 431-9986

    1 in this area

    4 Total Sales

    Lucy Lu
    Section Image
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Map

Arizona Maricopa County Tempe 85283 South Tempe

702 E Carmen St, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 702 E Carmen St, Tempe, AZ 85283 and is currently estimated at $466,043, approximately $235 per square foot. 702 E Carmen St is a home located in Maricopa County with nearby schools including Kyrene del Norte School, Kyrene de los Niños Elementary School, and Kyrene Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.