NOT LISTED FOR SALE

1024 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $698,027 - $829,000

3 Beds
2.5 Baths
2,134 Sq Ft
$356/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $740,000 $347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,439/month

29 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Vaulted Ceiling
  • Waterfront
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2022

Waterfront retreat in the heart of Tempe. Shady gated entryway leads to a private sanctuary offering 3 BR & 2.5 BA in over 2100 sf. Access the large skylighted library/office thru double doors off the living room or via the outside entrance off the front patio area. Unwind from a hectic day on your covered back patio, open-air deck, or spacious balcony, all overlooking the lake. Interior features lots of red oak hardwood flooring, dual-pane windows thruout, walk-in pantry w/laundry hook-ups, 2 gas fireplaces, upgraded stainless kitchen appliances, newer HVAC & water heater. Vaulted ceilings in bedrooms, & primary suite offers two closets (one a walk-in), dual sinks, and jetted tub. Be sure to stop by the clubhouse when you visit to check out the great Lakes amenities.

Last Agent to Sell the Property

William Winston

Superlative Realty License #BR032686000 Listed on: 07/08/2022

Superlative Realty

Last Buyer's Agent

Daniel Birk

Fathom Realty Elite License #SA554956000

Fathom Realty Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,531

Year Built

  • Built in 1972

Lot Details

  • 4,443 Sq Ft Lot
  • Waterfront
  • Two or More Common Walls
  • Partially Fenced Property
  • Wood Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,134 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 301-02-515

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
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,531

Year Built

Built in 1972

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Cross Street: BASELINE & RURAL
  • 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: 111.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1972
  • Tax Year: 2021
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: LAKES TRACT G1
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 346.76
  • Association Fees:HOA Fee2: 335.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 2134.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Partial, Wood
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Tennis Court(s), Fitness Center
  • Association Fee: 335.0
  • Association Fee Frequency: Quarterly
  • 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: Quarterly
  • 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: 4443.0
  • Parcel #: 301-02-515

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 3531.0
  • Tax Book Number: 301.00
  • Tax Lot: 32
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jul 12, 2022
Sold by
Mercer Living Trust
Bought by
Everson Dennis and Everson Janet
Seller's Agent
William Winston
Superlative Realty
Buyer's Agent
Daniel Birk
Fathom Realty Elite
List Price
$825,000
Sold Price
$740,000
Premium/Discount to List
-$85,000
-10.3%
Current Estimated Value
$760,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,257
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
Mar 9, 2015
Sold by
Mercer William C and Mercer Barbara J
Bought by
Mercer Living Trust and Mercer Barbara Joan

Purchase Details

Closed on
Aug 10, 2002
Sold by
Mercer William C and Mercer Barbara J
Bought by
Mercer William C and Mercer Barbara J
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
Everson Dennis $740,000 First American Title
Mercer Living Trust -- None Available
Mercer William C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $740,000 -1.3% $347 / Sq Ft
07/12/2022 07/12/22 Price Changed $750,000 -9.1% $351 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $825,000 -- $387 / Sq Ft
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 $4,544 $37,910 -- --
2024 $4,195 $28,495 -- --
2023 $4,195 $47,610 $9,520 $38,090
2022 $3,463 $38,910 $7,780 $31,130
2021 $3,531 $36,470 $7,290 $29,180
2020 $3,414 $33,700 $6,740 $26,960
2019 $3,349 $31,310 $6,260 $25,050
2018 $3,258 $30,210 $6,040 $24,170
2017 $3,157 $29,060 $5,810 $23,250
2016 $3,142 $31,500 $6,300 $25,200
2015 $3,039 $27,870 $5,570 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6420068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-515