$639,000
$36K PRICE DROP

1134 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated payment $3,747/month

Total Views 523,916
3 Beds
2.5 Baths
1,942 Sq Ft
$329 Price per Sq Ft

Highlights

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

About This Home

Fantastic opportunity for both investors and homebuyers in The Lakes! This WATERFRONT 3-bedroom, 2.5-bath, 1,942 sq ft waterfront townhouse overlooks Shrimp Boat Bay and offers excellent potential at its current price point. With a brand new roof, new A/C, fresh interior and exterior paint, and new flooring throughout, much of the big-ticket work is already complete while still leaving room for your updates and finishes to add value. This solid block-constructed, north/south-facing home is being sold as-is, giving buyers the flexibility to renovate to their own standards and style. Enjoy all The Lakes clubhouse amenities, including fitness, pools, courts, and community activities, included in the low HOA. You'll Love Living in The Lakes!

Listing Agent

Daniel Birk

Fathom Realty Elite Brokerage Phone: 602-369-1145 License #SA554956000 Listed on: 06/14/2025

Fathom Realty Elite

Co-Listing Agent

Benjamin Birk

Fathom Realty Elite Brokerage Phone: 602-369-1145 License #SA708870000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1972

Lot Details

  • 5,484 Sq Ft Lot
  • Waterfront
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Roof Updated in 2025
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Laminate Countertops

Flooring

  • Floors Updated in 2025
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 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

  • Central Air
  • Heating Available

Additional Features

  • North or South Exposure
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 301-02-489

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,362

Year Built

Built in 1972

Lot Details

0

HOA Fees

$129 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: 128.67
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2025
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2025
  • 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: 2024
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: fraz007
  • Co List Office Phone: 480-681-1233
  • Subdivision Name: LAKES TRACT G1
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 329.04
  • Association Fees:HOA Fee2: 386.0
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1942.0
  • Stories: 2
  • 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:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: 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: Block, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: North/South Exposure, Waterfront Lot, Gravel/Stone Back, Synthetic Grass Frnt
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

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: Pool, Racquetball, Pickleball, Lake, Community Spa, Community Spa Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 386.0
  • Association Fee Frequency: Quarterly
  • Association Name: LCA
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: LCA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 386.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: LCA

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: 5484.0
  • Parcel #: 301-02-489

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 3362.0
  • Tax Book Number: 301.00
  • Tax Lot: 6
  • Tax Map Number: 2.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,619 $34,712 -- --
2024 $3,320 $33,059 -- --
2023 $3,320 $45,070 $9,010 $36,060
2022 $3,171 $36,610 $7,320 $29,290
2021 $3,233 $34,420 $6,880 $27,540
2020 $3,126 $31,650 $6,330 $25,320
2019 $3,066 $29,300 $5,860 $23,440
2018 $2,984 $28,080 $5,610 $22,470
2017 $2,891 $26,860 $5,370 $21,490
2016 $2,877 $28,880 $5,770 $23,110
2015 $2,782 $25,600 $5,120 $20,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Off Market $639,000 -- --
01/01/2026 01/01/26 For Sale $639,000 0.0% $329 / Sq Ft
12/11/2025 12/11/25 Price Changed $639,000 -1.5% $329 / Sq Ft
10/23/2025 10/23/25 Price Changed $649,000 -1.5% $334 / Sq Ft
09/11/2025 09/11/25 Price Changed $659,000 -2.4% $339 / Sq Ft
08/04/2025 08/04/25 For Sale $675,000 0.0% $348 / Sq Ft
08/04/2025 08/04/25 Off Market $675,000 -- --
07/25/2025 07/25/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $675,000 0.0% $348 / Sq Ft
06/14/2025 06/14/25 Off Market $675,000 -- --
06/14/2025 06/14/25 For Sale $675,000 -- $348 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6867684

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-489