NOT LISTED FOR SALE

1012 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $595,193 - $728,000

2 Beds
2 Baths
1,460 Sq Ft
$457/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $628,750 $431 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,833/month

3 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Heated Community Pool
  • Waterfront
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of August 2021

Stunning lakefront property in highly desirable The Lakes subdivision in Tempe awaits it's next loving owner! Inside is spacious & open w vaulted & raised ceilings & picture windows to allow natural light to flow throughout. Kitchen features recessed lighting, quartz counter tops & peninsula w breakfast bar seating, lacquer cabinets w soft closing doors/drawers, pot filler faucet, & premium Wolf & Subzero stainless steel appliances. Spacious formal living looks out to front courtyard w surrounding garden, & dining room pendant lighting compliments the already luxurious aesthetic. 2nd bedroom has flex space w Murphy bed for guests & built-in 14' reclaimed wood desk is perfect for your home office. Master bath features dual sink vanity & walk-in shower w bench & tile surround.... & master bedroom looks out through sliding glass door to the lake. Back patio w gorgeous lake view is what it's all about! Featuring enclosed wood plank deck up to water's edge & flagstone surface steps down to pier, with incredible sunrise/sunset views, perfect for relaxing & sure to impress your guests. Community also includes clubhouse/rec room, tennis courts, lap pool & heated spa, workout facility, hand/racquetball court, playground, & hiking/biking paths w even more gorgeous lake views. With easy access to the 60, 101, & I-10 freeways, plus all the shopping, dining, & amenities Tempe has to offer, you'll have everything you could ask for at your fingertips. Schedule your showing now while this opportunity is available!

Last Agent to Sell the Property

Randy Courtney

Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 07/16/2021

Weichert, Realtors - Courtney Valleywide

Last Buyer's Agent

Brandon Baermann

AZ Realty & Rentals License #SA687560000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1973

Lot Details

  • 4,757 Sq Ft Lot
  • Waterfront
  • Wood Fence
  • Artificial Turf

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Rover Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 301-02-518

Community Details

Overview

  • Association fees include ground maintenance
  • Lca Association, Phone Number (480) 838-1023
  • Lakes Tract G1 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,398

Year Built

Built in 1973

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Cross Street: Rural Rd & Baseline Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 106.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2020
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: LAKES TRACT G1
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 430.65
  • Association Fees:HOA Fee2: 106.67
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1460.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Waterfront Lot, Synthetic Grass Frnt
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa Htd, Community Pool Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 106.67
  • Association Fee Frequency: Monthly
  • Association Name: LCA
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: LCA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4757.0
  • Parcel #: 301-02-518

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2398.0
  • Tax Book Number: 301.00
  • Tax Lot: 35
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 1, 2021
Sold by
Carr Thomas M
Bought by
Hoff Jamie
Seller's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Brandon Baermann
AZ Realty & Rentals
List Price
$624,900
Sold Price
$628,750
Premium/Discount to List
$3,850
0.62%
Current Estimated Value
$675,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,445
Avg. Annual Appreciation
1.34%
Original Mortgage
$522,500
Outstanding Balance
$472,027
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,521

Purchase Details

Listed on
Nov 20, 2020
Closed on
Nov 23, 2020
Sold by
Griep Leslie
Bought by
Carr Thomas M
Seller's Agent
Daniel Birk
AZ Brokerage Holdings, LLC
Buyer's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
List Price
$498,000
Sold Price
$510,000
Premium/Discount to List
$12,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.05%

Purchase Details

Closed on
Dec 15, 2016
Sold by
Cutter Chris and Cutter Gay
Bought by
Warren Tyson G and Warren Elaine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,702
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
May 26, 2016
Sold by
Policar Nathan and Policar Jack R
Bought by
Cutter Chris and Cutter Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2007
Sold by
Policar Jack R and Policar Patsy L
Bought by
Policar Nathan and Policar Jack R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2007
Sold by
Policar Jack R and Policar Patsy L
Bought by
Policar Jack R and Policar Patsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2001
Sold by
Letcher Robert C
Bought by
Policar Jack R and Policar Patsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Hedges Heather L
Bought by
Letcher Robert C
Source: Public Records
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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
Hoff Jamie $628,750 First American Title Ins Co
Carr Thomas M -- First American Title Ins Co
Carr Thomas M $510,000 First American Title Ins Co
Warren Tyson G $269,900 Driggs Title Agency Inc
Cutter Chris $266,000 Driggs Title Agency Inc
Policar Nathan -- Ticor Title Agency Of Az Inc
Policar Jack R -- Ticor Title Agency Of Az Inc
Policar Jack R $196,000 --
Letcher Robert C -- First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoff Jamie $522,500
Previous Owner Warren Tyson G $275,702
Previous Owner Cutter Chris $199,500
Previous Owner Policar Nathan $281,000
Previous Owner Policar Jack R $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2021 08/19/21 Sold $628,750 +0.6% $431 / Sq Ft
07/16/2021 07/16/21 For Sale $624,900 +22.5% $428 / Sq Ft
12/15/2020 12/15/20 Sold $510,000 +2.4% $355 / Sq Ft View Prior Sale
11/22/2020 11/22/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $498,000 0.0% $347 / Sq Ft
06/11/2014 06/11/14 Rented $1,349 -3.6% --
06/11/2014 06/11/14 Under Contract -- -- --
06/03/2014 06/03/14 For Rent $1,399 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,356 $26,622 -- --
2024 $2,547 $25,354 -- --
2023 $2,547 $36,830 $7,360 $29,470
2022 $2,432 $29,950 $5,990 $23,960
2021 $2,480 $28,160 $5,630 $22,530
2020 $2,398 $25,560 $5,110 $20,450
2019 $2,351 $23,050 $4,610 $18,440
2018 $2,288 $21,570 $4,310 $17,260
2017 $2,217 $20,130 $4,020 $16,110
2016 $2,543 $21,560 $4,310 $17,250
2015 $2,442 $19,010 $3,800 $15,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6265530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-518