NOT LISTED FOR SALE

1120 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $684,000 - $809,000

4 Beds
2.5 Baths
2,281 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $440,000 $193 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,358/month

34 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • 1 Fireplace
  • Waterfront
  • Main Floor Primary Bedroom
  • 5-minute walk to Scudder Park

About This Home

As of June 2020

Waterfront townhouse with private boat dock on Shrimp Boat Bay in The Lakes! Don't miss this rare opportunity to own the largest model townhouse on Driftwood Drive. This 4 bedroom/2.5 bathroom, 2281 square foot townhouse has beautiful lake views and plenty of natural light. Home features a private, gated entry with courtyard, open living room with vaulted ceiling, skylight, and fireplace, formal dining room, Light and Bright kitchen with skylight and garden window overlooking the courtyard, master bedroom suite with French doors opening to a covered patio and gorgeous views of the lake with a large dressing room and walk-in closet, dual sinks, walk-in shower, and bidet, half bath downstairs, 3 generous sized bedrooms and full bath upstairs, inside laundry and attached 2 car garage. .. Gorgeous, low-maintenance backyard is aesthetically pleasing with Saltillo tile, wood deck, synthetic grass and newer steps, retaining wall and private boat dock. Be sure to check out all The Lakes amenities less than one block away. You'll Love Living in The Lakes!

Last Agent to Sell the Property

Daniel Birk

AZ Brokerage Holdings, LLC License #SA554956000 Listed on: 03/27/2020

Last Buyer's Agent

Victor Genereux

Associated Properties LLC License #BR513990000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1972

Lot Details

  • 4,648 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 1 Fireplace
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet

Outdoor Features

  • Covered Patio or Porch

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 12
  • Assessor Parcel Number 301-02-495

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

$3,507

Year Built

Built in 1972

Lot Details

0

HOA Fees

$105 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 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 105.0
  • Basement: N
  • 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: 2019
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: LAKES TRACT G1
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 192.89
  • Association Fees:HOA Fee2: 315.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Master Downstairs, Breakfast Bar, 3/4 Bath Master Bdrm, Bidet
  • Living Area: 2281.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Waterfront Lot, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): 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, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 315.0
  • 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
  • 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: 4648.0
  • Parcel #: 301-02-495

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3507.0
  • Tax Book Number: 301.00
  • Tax Lot: 12
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 9, 2020
Sold by
Johnson Brinton and Bartholomew Bruce
Bought by
Seals Albert D and Seals Heather M
Seller's Agent
Daniel Birk
AZ Brokerage Holdings, LLC
Buyer's Agent
Victor Genereux
Associated Properties LLC
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Current Estimated Value
$752,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,322
Avg. Annual Appreciation
10.03%
Original Mortgage
$180,000
Outstanding Balance
$159,556
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$592,766

Purchase Details

Closed on
Jun 9, 1995
Sold by
Bartholomew Betty Lou
Bought by
Bartholomew Betty Lou and William R & Betty Lou Bartholomew Revoca
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
Seals Albert D $440,000 Driggs Title Agency Inc
Bartholomew Betty Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seals Albert D $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $440,000 -4.1% $193 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $459,000 -- $201 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,158 $39,697 -- --
2024 $3,797 $37,807 -- --
2023 $3,797 $49,030 $9,800 $39,230
2022 $3,627 $40,120 $8,020 $32,100
2021 $3,698 $37,760 $7,550 $30,210
2020 $3,575 $35,080 $7,010 $28,070
2019 $3,507 $32,620 $6,520 $26,100
2018 $3,412 $31,300 $6,260 $25,040
2017 $3,306 $30,170 $6,030 $24,140
2016 $3,290 $32,730 $6,540 $26,190
2015 $3,182 $29,170 $5,830 $23,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6057243

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-495