NOT LISTED FOR SALE

1144 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $722,000 - $886,798

3 Beds
2.5 Baths
1,942 Sq Ft
$414/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $950,000 $489 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,567/month

99 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • Balcony
  • Community Lake
  • Vaulted Ceiling
  • Eat-In Kitchen

About This Home

As of August 2022

''Lake House'' offers a welcoming large Alumiwood shaded courtyard entrance to a fabulous completely remodeled New Home. This exquisite home has today's living in mind. Open floor plan, Quartz Counters thru out, custom lighting, soft-close cabinets, walk-in pantry, large island, 2 large sliding glass doors to view the gorgeous backyard. Huge deck off Main bedroom is large enough for outdoor furniture.
Entertainers dream... resort style Palapa equipped with a gas Kokomo Grill, refrigerator, seating at the bar for outdoor dining, and a deck at waters edge to view sunsets... Best part a new dock to board on and off your boat. The home is situated on a little inlet from the main body of water. There is full access to the lake. Two resturants on the lake provide dock space for boaters. Club house also provides dock space for the boater, tennis courts, swim in olympic size pool and a workout gym.
Kids can walk to neighborhood schools.
No expenses spared, the finest quality finishes used. MUST see to appreciate.

Last Agent to Sell the Property

Karen Braaten

Judson Real Estate License #SA558164000 Listed on: 04/15/2022

Judson Real Estate

Last Buyer's Agent

Jill Andognini

NORTH&CO. License #SA699403000

NORTH&CO.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,710

Year Built

  • Built in 1972

Lot Details

  • 5,428 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Roof Updated in 2022
  • Tile Roof
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Tinted Windows

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Floors Updated in 2022
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2022
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2022
  • Wiring Updated in 2022
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 301-02-485

Community Details

Overview

  • Association fees include no fees
  • The Lakes Association, Phone Number (480) 838-1023
  • Lakes Tract G1 Subdivision
  • Community Lake

Recreation

  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,710

Year Built

Built in 1972

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Cross Street: Rural and 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: 111.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2022
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2022
  • 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: 2021
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: LAKES TRACT G1
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 489.18
  • Association Fees:HOA Fee2: 335.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1942.0
  • Stories: 2
  • Window Features: Dual Pane, Tinted Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Storage
  • Lot Features: Waterfront Lot, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Synthetic Stucco, Block
  • Patio And Porch Features: Patio
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Fee: 335.0
  • Association Fee Frequency: Quarterly
  • Association Name: THE LAKES
  • 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: THE LAKES
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 5428.0
  • Parcel #: 301-02-485

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3710.0
  • Tax Book Number: 301.00
  • Tax Lot: 2
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Aug 10, 2022
Sold by
Karen Holly Braaten Separate Property Tr
Bought by
Taetle David Lewis and Taetle Monique
Seller's Agent
Karen Braaten
Judson Real Estate
Buyer's Agent
Jill Andognini
NORTH&CO.
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$804,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,300
Avg. Annual Appreciation
-4.75%
Original Mortgage
$650,000
Outstanding Balance
$620,381
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$184,319

Purchase Details

Closed on
Jun 1, 2022
Sold by
Hudson Development Llc
Bought by
Karen Holly Braaten Separate Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 16, 2021
Sold by
Ellis Nicholas P
Bought by
Hudson Development Llc
Seller's Agent
Dawn Matesi
Locality Real Estate
Buyer's Agent
Lindsey Blessing
Judson Real Estate
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Oct 28, 2012
Closed on
Nov 19, 2012
Sold by
Abrromovitz Alan M and Abromivitz Lorin G
Bought by
Ellis Nicholas P
Seller's Agent
Shelly Lane
Compass
Buyer's Agent
Susan Reginato
West USA Realty
List Price
$269,000
Sold Price
$259,000
Premium/Discount to List
-$10,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$207,200
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Haraburda Lawrence P
Bought by
Abromovitz Daniel I and Abromovitz Alan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Haraburda Arlyne M and Calabrese Arlyne M
Bought by
Haraburda Lawrence P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2006
Sold by
Ames William A and Charlton Duane
Bought by
Mccormick Thomas J and Mccormick Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Taetle David Lewis $950,000 Old Republic Title
Karen Holly Braaten Separate Property Trust -- New Title Company Name
Hudson Development Llc $550,000 Empire West Title Agency Llc
Ellis Nicholas P $259,000 Empire West Title Agency
Abromovitz Daniel I $220,000 Title Management Agency Of A
Haraburda Lawrence P -- First American Title Ins Co
Haraburda Lawrence P $430,000 First American Title Ins Co
Mccormick Thomas J $416,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taetle David Lewis $650,000
Previous Owner Karen Holly Braaten Separate Property Trust $200,000
Previous Owner Ellis Nicholas P $207,200
Previous Owner Abromovitz Daniel I $154,000
Previous Owner Haraburda Lawrence P $375,000
Previous Owner Mccormick Thomas J $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2022 08/18/22 Sold $950,000 0.0% $489 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $950,000 -13.6% $489 / Sq Ft
06/10/2022 06/10/22 For Sale $1,100,000 +15.8% $566 / Sq Ft
06/04/2022 06/04/22 Off Market $950,000 -- --
05/28/2022 05/28/22 Price Changed $1,100,000 -3.9% $566 / Sq Ft
05/17/2022 05/17/22 Price Changed $1,145,000 -3.8% $590 / Sq Ft
05/03/2022 05/03/22 Price Changed $1,190,000 -4.8% $613 / Sq Ft
04/18/2022 04/18/22 Price Changed $1,250,000 -3.8% $644 / Sq Ft
04/15/2022 04/15/22 For Sale $1,300,000 +136.4% $669 / Sq Ft
06/21/2021 06/21/21 Sold $550,000 0.0% $283 / Sq Ft View Prior Sale
05/30/2021 05/30/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $550,000 +112.4% $283 / Sq Ft
11/29/2012 11/29/12 Sold $259,000 -3.7% $133 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
10/27/2012 10/27/12 For Sale $269,000 -- $139 / 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 $2,966 $34,712 -- --
2024 $3,320 $26,028 -- --
2023 $3,320 $45,070 $9,010 $36,060
2022 $3,685 $36,610 $7,320 $29,290
2021 $3,710 $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

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6384424

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-485