NOT LISTED FOR SALE

1025 E Sandpiper Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $1,393,799 - $1,537,000

5 Beds
3 Baths
4,301 Sq Ft
$336/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $687,000 $160 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $8,461/month

32 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Rover Elementary School Rated A-
  • 0.24 Acre Lot
  • Clubhouse

About This Home

As of July 2013

Absolutely Gorgeous. You've just got to see this one. Thoroughly remodeled with perfect taste. Looks almost brand new. STUNNING LAKEFRONT VIEWS.Spacious home in the much coveted ''Island'' section of The Lakes community, with your own boat dock. Resort Lifestyle w/ many, many extensive activities and amenities! Fishing, boating, clubhouse, huge pool, spa, tennis, racquetball, handball, billiards, complete fitness center, kiddie lot w/ kiddie pool. AND MORE. Huge Master Bdrm. and bath suite with deck overlooking lake, Romance Overdose! Large Kitchen w/ lake views. Gigantic 2nd family rm/game rm on lower/lake level! NEW kit. cabs, appliances, granite tops, upgr/ updated light fixtures, faucets, door hardware and floor tile etc, located on a quiet loop street. New gorgeous stone front.

Last Agent to Sell the Property

Brad Reed

DPR Realty LLC License #SA018142000 Listed on: 05/09/2013

DPR Realty LLC

Last Buyer's Agent

Todd Freeman

HomeSmart License #SA525354000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1982

Lot Details

  • 10,406 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,301 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 301-02-182

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Association, Phone Number (480) 838-3274
  • Built by Custom
  • The Lakes Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,524

Year Built

Built in 1982

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: Baseline Rd. and Rural Rd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.66
  • 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: 1982
  • Tax Year: 2012
  • Directions: East on Baseline, South on Lakeshore, West on Sandpiper
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: The Lakes
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 290.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Vaulted Ceiling(s), Pantry, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 4301.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes
  • Phone: 480-838-3274
  • 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: The Lakes
  • Association Fees:HOA Telephone4: 480-838-3274
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 10406.0
  • Parcel #: 301-02-182
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5524.16
  • Tax Book Number: 301.00
  • Tax Lot: 31
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2016
Sold by
Larson Al and Larson Rhonda
Bought by
A R Larson Trust
Current Estimated Value
$1,446,200

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 15, 2013
Sold by
Djl Asset Management Limited Partnership
Bought by
Larson Al and Larson Rhonda
Seller's Agent
Brad Reed
DPR Realty LLC
Buyer's Agent
Todd Freeman
HomeSmart
List Price
$699,900
Sold Price
$687,000
Premium/Discount to List
-$12,900
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$350,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Dec 18, 2012
Sold by
Owb Reo Llc
Bought by
Djl Asset Management Lp
Seller's Agent
Sascha Potzka
Solutions Real Estate
Buyer's Agent
Brad Reed
DPR Realty LLC
List Price
$448,500
Sold Price
$440,000
Premium/Discount to List
-$8,500
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.80%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Montenegro Leonard and Montenegro Jennifer
Bought by
Owb Reo Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Wittman Alexander
Bought by
Montenegro Leonard and Montenegro Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,250
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Gochoco Jose Luis
Bought by
Wittman Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 16, 2005
Sold by
Gochoco Catherine E
Bought by
Luisgochoco Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1995
Sold by
Gochoco Kathy V
Bought by
Gochoco Jose Luis and Gochoco Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
A R Larson Trust -- None Available
Larson Al $687,000 Old Republic Title Agency
Djl Asset Management Lp $440,000 Lsi Title Agency
Owb Reo Llc $726,034 None Available
Montenegro Leonard $635,000 Westland Title Agency Of Ari
Wittman Alexander $600,000 Lawyers Title Insurance Corp
Luisgochoco Jose -- Westland Title Agency Of Az
Gochoco Jose Luis -- Grand Canyon Title Agency In
Gochoco Kathy -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Al $350,000
Previous Owner Montenegro Leonard $603,250
Previous Owner Wittman Alexander $540,000
Previous Owner Luisgochoco Jose $359,650
Previous Owner Gochoco Jose Luis $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $687,000 -1.8% $160 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $699,900 +59.1% $163 / Sq Ft
12/20/2012 12/20/12 Sold $440,000 -1.9% $113 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $448,500 0.0% $116 / Sq Ft
11/29/2012 11/29/12 Price Changed $448,500 -7.2% $116 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $483,500 0.0% $125 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $483,500 -- $125 / 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 $8,359 $79,977 -- --
2024 $8,251 $76,169 -- --
2023 $8,251 $93,160 $18,630 $74,530
2022 $7,890 $70,530 $14,100 $56,430
2021 $7,949 $67,110 $13,420 $53,690
2020 $7,689 $65,850 $13,170 $52,680
2019 $7,532 $64,880 $12,970 $51,910
2018 $7,330 $61,280 $12,250 $49,030
2017 $7,094 $57,770 $11,550 $46,220
2016 $7,040 $61,410 $12,280 $49,130
2015 $6,738 $56,080 $11,210 $44,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4937605

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-182