NOT LISTED FOR SALE

1161 E Sandpiper Dr Unit 123 Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $273,000 - $357,000

2 Beds
1 Bath
900 Sq Ft
$343/mo HOA Fee

Last Sold June 14, 2019

Last sale price $160,000 $178 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,050/month

47 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Furnished
  • Waterfront
  • End Unit
  • Heated Community Pool

About This Home

As of June 2019

Here's a great opportunity to own a waterfront condo in Tempe at a very affordable price!
Living in the awesome community of The Lakes is great. Living on the water is even better! Tiled floors, large bedrooms, community pool and more! This is a great lifestyle as The Lakes has swimming, tennis, racquetball, sand volleyball, a children's play area, Bocce ball, billiards room, weight room and more along with many different activities and clubs that you can be a part of. Hurry and take a look!

Last Agent to Sell the Property

Nick Bastian

Realty Executives Arizona Territory License #SA045994000 Listed on: 04/11/2019

Realty Executives Arizona Territory

Last Buyer's Agent

Matthew Potter

Real Broker License #SA647555000

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • End Unit
  • 1 Common Wall
  • Grass Covered Lot

HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Furnished

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 301-95-021

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, water, roof replacement, maintenance exterior
  • The Lakes Association, Phone Number (480) 838-1023
  • Cornerstone Association, Phone Number (602) 433-0331
  • Association Phone (602) 433-0331
  • Sand Castle Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,073

Year Built

Built in 1975

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Cross Street: Rural & Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Cornerstone
  • HOA #2 Phone Number: 602-433-0331
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 343.33
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2018
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Sand Castle
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 177.78
  • Association Fees:HOA Fee2: 310.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Furnished(See Rmrks), No Interior Steps, Full Bth Master Bdrm
  • Living Area: 900.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Waterfront Lot, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: 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: Racquetball, Lake, Community Spa, Community Spa Htd, Tennis Court(s), Playground, Fitness Center
  • Association #2 Fee: 240.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 310.0
  • Association Fee Frequency: Quarterly
  • Association: Cornerstone
  • Association Name: The Lakes
  • Association Phone #2: 602-433-0331
  • 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:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Water, Roof Replacement, Maintenance Exterior

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: 876.0
  • Parcel #: 301-95-021

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1073.0
  • Tax Book Number: 301.00
  • Tax Lot: 123
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 11, 2019
Sold by
Lininger Thomas D
Bought by
Castle Jerry Bruce and Castle Marlene Kay
Seller's Agent
Nick Bastian
Realty Executives Arizona Territory
Buyer's Agent
Matthew Potter
Real Broker
List Price
$167,000
Sold Price
$160,000
Premium/Discount to List
-$7,000
-4.19%
Current Estimated Value
$305,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,787
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Lininger Karyn S
Bought by
Lininger Thomas D

Purchase Details

Closed on
Feb 25, 2005
Sold by
Lininger Tom and Lininger Karyn
Bought by
Lininger Thomas D and Lininger Karyn S

Purchase Details

Closed on
Feb 16, 2005
Sold by
Ar Shield 6 Llc
Bought by
Lininger Tom and Lininger Karyn

Purchase Details

Closed on
Mar 6, 2003
Sold by
Heins Ralph C and Heins Ann L
Bought by
Ar Shield 6 Llc

Purchase Details

Closed on
Nov 20, 2002
Sold by
Heins Ralph C and Heins Ann L
Bought by
Ar Shield 6 Llc

Purchase Details

Closed on
Dec 13, 2001
Sold by
Heins Ralph C and Heins Ann L
Bought by
Heins Ralph C and Heins Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.57%

Purchase Details

Closed on
Aug 9, 1999
Sold by
Heins Ralph C and Heins Ann L
Bought by
Heins Ralph C and Heins Ann L

Purchase Details

Closed on
Jul 29, 1999
Sold by
Wallace Bruce D and Pierce Karen A
Bought by
Heins Ann L

Purchase Details

Closed on
Feb 4, 1998
Sold by
Kendall Thomas E and Kendall Jo Ellen
Bought by
Pierce Karen A and Wallace Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 1994
Sold by
Rossi Carrie L and Mohler Carrie L
Bought by
Kendall Thomas E and Kendall Jo Ellen
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
Castle Jerry Bruce $160,000 East Title Agency
Lininger Thomas D -- Fidelity National Title Co
Lininger Thomas D -- Fidelity National Title Co
Lininger Thomas D -- Capital Title Agency Inc
Lininger Tom $138,500 Capital Title Agency Inc
Ar Shield 6 Llc -- Fidelity Title
Ar Shield 6 Llc -- --
Heins Ralph C -- --
Heins Ralph C -- --
Heins Ann L $72,000 Security Title Agency
Pierce Karen A $58,000 First American Title
Kendall Thomas E $52,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heins Ralph C $67,000
Previous Owner Pierce Karen A $40,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $160,000 -4.2% $178 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $167,000 0.0% $186 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $167,000 -- $186 / 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 $1,297 $10,818 -- --
2024 $1,197 $10,303 -- --
2023 $1,197 $20,300 $4,060 $16,240
2022 $1,148 $16,160 $3,230 $12,930
2021 $1,156 $14,780 $2,950 $11,830
2020 $1,121 $12,970 $2,590 $10,380
2019 $1,100 $12,560 $2,510 $10,050
2018 $1,073 $11,600 $2,320 $9,280
2017 $1,041 $11,680 $2,330 $9,350
2016 $1,033 $10,530 $2,100 $8,430
2015 $993 $9,500 $1,900 $7,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5910031

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-95-021