NOT LISTED FOR SALE

1038 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $649,231 - $783,000

3 Beds
2.5 Baths
1,942 Sq Ft
$369/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $617,500 $318 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,112/month

4 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • 2 Fireplaces
  • Waterfront
  • Vaulted Ceiling
  • Heated Community Pool

About This Home

As of August 2021

Lovingly lived in and meticulously maintained by the original owner for almost 50 years! This 3 bedroom/2.5 bathroom townhouse features a bright, brand new kitchen with shaker cabinets, quartz counters, stainless steel appliances, new laminate flooring and baseboards downstairs, and new carpet upstairs. Enjoy gorgeous views of Shrimp Boat Bay from the kitchen and family room with gas fireplace and sunset cruises in your pontoon boat or kayaks along the 5 miles of shoreline in The Lakes. Waterfront master suite includes a gas fireplace, dual sinks, two closets, tile surround shower, vaulted ceiling, and an arcadia door that opens to the extended balcony. Check out all amenities at The Lakes Clubhouse located just a short walk from your front door. You'll Love Living In The Lakes!

Last Agent to Sell the Property

Daniel Birk

AZ Brokerage Holdings, LLC License #SA554956000 Listed on: 07/25/2021

Last Buyer's Agent

Janice Lisy-Anderson

My Home Group Real Estate License #SA018918000

My Home Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1972

Lot Details

  • 4,613 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Floors Updated in 2021
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Location

  • Property is near bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 301-02-511

Community Details

Overview

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

Amenities

  • Recreation Room
  • Community Media Room

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,563

Year Built

Built in 1972

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Cross Street: LAKESHORE/BASELINE
  • 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 Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2020
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: THE LAKES
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 317.97
  • Association Fees:HOA Fee2: 320.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1942.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Waterfront Lot, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • 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, Near Bus Stop, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 320.0
  • 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: 4613.0
  • Parcel #: 301-02-511

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2563.0
  • Tax Book Number: 301.00
  • Tax Lot: 28
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Jul 29, 2021
Sold by
Jones Ruth
Bought by
Dove Rita and Viebahn Fred
Seller's Agent
Daniel Birk
AZ Brokerage Holdings, LLC
Buyer's Agent
Janice Lisy-Anderson
My Home Group Real Estate
List Price
$589,000
Sold Price
$617,500
Premium/Discount to List
$28,500
4.84%
Current Estimated Value
$716,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,058
Avg. Annual Appreciation
3.42%
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
Dove Rita $617,500 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $617,500 +4.8% $318 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $589,000 -- $303 / 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 $3,403 $28,395 -- --
2024 $3,841 $27,043 -- --
2023 $3,841 $45,070 $9,010 $36,060
2022 $3,685 $36,610 $7,320 $29,290
2021 $2,525 $34,420 $6,880 $27,540
2020 $2,563 $31,650 $6,330 $25,320
2019 $2,486 $29,300 $5,860 $23,440
2018 $2,211 $22,300 $4,460 $17,840
2017 $2,052 $22,300 $4,460 $17,840
2016 $2,118 $22,300 $4,460 $17,840
2015 $2,026 $22,300 $4,460 $17,840
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel Birk

    Realty Executives

  • Janice Lisy-Anderson

    Buyer's Agent in 2021

    Janice Lisy-Anderson

    My Home Group Real Estate

    (602) 885-0965

    1 in this area

    16 Total Sales

    Janice Lisy-Anderson
    Section Image

  • J

    Buyer's Agent in 2021

    Janice A. Lisy-Anderson

    Realty Executives

  • Gina Lisy

    Buyer Co-Listing Agent in 2021

    Gina Lisy

    My Home Group Real Estate

    1 in this area

    13 Total Sales

    Gina Lisy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6269570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-511

Arizona Maricopa County Tempe 85283 The Lakes

1038 E Driftwood Dr, Tempe, AZ

Not Listed for Sale

Townhouses

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Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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