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$1,825,000

Beds
6
Baths
4.0
sq ft
4,800

1440 East Secretariat Drive, Tempe, AZ 85284

1440 East Secretariat Drive

Tempe, AZ 85284

  • 2 days on market
    • Open house Jan 05
In the heart of the east valley, this Tempe oasis stands out for its sprawling main house and separate guest house, nestled amongst an entertainer's dream backyard on nearly an acre of lush, irrigated land. These equestrian privileged estates infrequently come on the market, so don't pass up this gem that has been updated with modern and unique touches, while preserving the original charm of its pristine ranch-style character. The main house has a split floor plan with a vast kitchen, including an oversized island and double sinks, with one faucet dedicated to filtered, sparkling, or still chilled water at the touch of a button. Appliances include a newer Thermador dishwasher, a Gaggenau induction cooktop and SKS refrigerator freezer with regular and cocktail ice ball maker. The kitchen is open to the large family room, with views of the pool and backyard, and is adjacent to the formal, sunken dining room. The cozy and inviting formal living room features the original stone wood-burning fireplace and raised rock planter as guests enter the home. There are 2 primary suites, with one boasting a wet-shower room that includes a whirlpool tub, custom faucets and a TOTO Neorest bidet toilet. The additional primary has an enormous walk-in closet, renovated bathroom, and back patio access. There are two additional secondary bedrooms that share a remodeled bathroom which also exits to the backyard. There is a separate private office/den with built-in shelves, as well as a laundry room with newer LG front load washer and steam dryer, plus an additional small washer, that is perfect for delicates. The detached guest house is a perfect retreat, with a wraparound verandah overlooking the expansive property that is perfect for your in-laws, guests, or a studio away from the family. The guest house features soaring ceilings, a full kitchen, bathroom, living room, washer and dryer, and 2 bedrooms, one which is currently used as a full gym, but could also be a workshop, as the backyard has vehicle access. The front yard features a 45 year old olive tree at the center, surrounded by the recently renovated, easy to maintain, desert landscaping with decorative lighting, plus a peaceful front entry fountain. The 3 car garage is extremely oversized making it perfect for someone who likes to putt around with various hobbies, and includes chargers set up for 2 electric vehicles. The backyard is the jewel of the estate, with a recently updated play pool, perfect for volleyball or relaxing on a summer day. Behind the guest house is an enclosed chicken run and coop for farm fresh eggs. There is also a stone fire pit for family and friends to surround while making s'mores, a rose garden, and a desert garden with a formal fountain that can be enjoyed from nearly every view on the property. The ramada between the two homes has been transformed into a custom outdoor kitchen, with stone countertops, undercounter refrigerator, EVO griddle, custom blue Hestan rotisserie grill with a separate double side burner. The kitchen sink and integrated cutting board on stone countertops are perfect to juice or cut up fruit from the wide variety of trees, including 2 types of oranges, lemon, grapefruit, pomegranate, peach, asian pear, persimmon, guava, apricot, plum, fig, pecan and almond. There is a bridal path behind the home that stretches throughout the neighborhood and into the rest of the city block, which makes for beautiful walks to visit other neighbors and their many animals such as donkeys, sheep and goats to name a few. There is a lovely park at the end of the street with new playground equipment, and the local elementary and junior high that are a part of the highly rated Kyrene School District. Convenient access to US 60 and Loop 101 makes this home your perfect rural paradise in the midst of the Valley's urban jungle.

Details

Property type

Single Family Residence

Est. home value

$1,341,406

Lot size

0.86 acres

Price per sq ft

$381

Year built

1979

Annual property taxes

$8,949

HOA

No

Price History

01/02/2025
ArizonaRegional

ArizonaRegional #6799432

Listed
$1,825,000
+102.78%
12/09/2019
ArizonaRegional

ArizonaRegional #5899633

Sold
$900,000

Schools & Community

Neighborhood: 

Sunburst Farms

Elementary school: 

C I Waggoner School

Middle school: 

Kyrene Middle School

High school: 

Corona Del Sol High School

Community features: 

Playground, Sidewalks

High school district: 

Tempe Union High School District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,216,634
Asking price
$1,825,000
Closing costs (~8% of asking)
-$146,000
Est. remaining loan balance
-$462,366
Cash to seller
$1,216,634

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

National Bank Of Kansas City

Loan start date

July 2020

Original loan amount

$510,400

Est. remaining balance

$462,366

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Jeremy Smith and Luis Morales

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/05/2025 at 2:25 AM

Listing updated: 01/05/2025 at 1:06 AM

Listed by: Nicole E Perkins, HomeSmart Phone #: (602) 889-2135

MLS: ArizonaRegional #6799432

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