NOT LISTED FOR SALE

Estimated Value: $861,000 - $1,127,000

3 Beds
2.5 Baths
2,686 Sq Ft
$356/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $500,000 $186 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,602/month

14 Days on Market

Highlights

  • Fitness Center
  • Play Pool
  • 0.24 Acre Lot
  • Rover Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of July 2013

Private resort with pool & spa sitting on a rare 57 ft. of lakeshore. This fabulous remodeled open & light home truly brings the outside in. One is greeted by lake views from the moment they open the front door. Beautiful living rm & dining rm w/vaulted ceilings & large picture windows. Enjoy sitting down to a wonderful dinner with relaxing lake views. Spacious kitchen w/breakfast bar & breakfast area opens to family rm. Cabinets w/glass doors, Stainless Steel appliances incl. double ovens & refrigerator. Double pantries. Deep Drawers - You'll love it! Again wonderful lake views from both the kitchen & family rm. Special craft rm./butler's pantry w/extra refrigerator, sink & room to create. Plus top-of-the line front loading washer/dryer. Upstairs is the extra large master suite w/sitting area and balcony overlooking the backyard and lake. Master includes beautiful built-in cabinets, walk-in closet, additional special rm, totally remodeled bath with granite and striking tile design. Also upstairs are two additional very large bedrooms, office. & guest bath. Front bedroom includes its own private balcony. Don't miss the extra wide garage with tons of storage & epoxy coated floor. Extra features include - surround sound inside/out, security system, dual pane windows t/o. This home is an entertainer's dream w/ its beautiful covered patio & rare 10,402 lot giving space to relax, visit and play. Plus don't forget your private boat dock. This home is truly special. Welcome home and Enjoy Your Private Resort!

Last Agent to Sell the Property

Linda Boatwright

SERHANT. License #SA025067000 Listed on: 05/04/2013

SERHANT.

Last Buyer's Agent

Serap Kaftanoglu

HomeSmart License #SA573035000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,749

Year Built

  • Built in 1973

Lot Details

  • 10,402 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 301-02-117

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Community HOA, Phone Number (480) 838-1023
  • The Lakes Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,749

Year Built

Built in 1973

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: Baseline and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.66
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2011
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2008
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2011
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2003
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1973
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: East on Baseline to Lakeshore, South to Commodore, East on Commodore to first street - Whalers Way, North on Whalers Way to home.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: The Lakes
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 290.0
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 2686.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E, Vinyl Frame
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community HOA
  • 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: Lakes Community HOA
  • Association Fees:HOA Telephone4: 480-838-1023
  • 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: 10402.0
  • Parcel #: 301-02-117
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3748.68
  • Tax Book Number: 301.00
  • Tax Lot: 75
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2016
Sold by
Kaftanoglu Serap
Bought by
Kaftanoglu Osman
Total Days on Market
14
Current Estimated Value
$956,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$107,895
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$854,264

Purchase Details

Closed on
Mar 16, 2015
Sold by
Kaftanoglu Sera P and Kaftanoglu Osman
Bought by
Kaftanoglu Osman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$105,323
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$856,836

Purchase Details

Listed on
May 4, 2013
Closed on
May 21, 2013
Sold by
Ruch Lana R
Bought by
Kaftanoglu Korhan
Seller's Agent
Linda Boatwright
SERHANT.
Buyer's Agent
Serap Kaftanoglu
HomeSmart
List Price
$587,450
Sold Price
$500,000
Premium/Discount to List
-$87,450
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$360,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2010
Sold by
Ruch Lana R
Bought by
Ruch Lana R and The Ruch Survivors Trust

Purchase Details

Closed on
Apr 24, 2008
Sold by
Ruch Lana R
Bought by
Ruch Lana R and Ruch Bypass Trust

Purchase Details

Closed on
Mar 29, 2001
Sold by
Ruch William A and Ruch Lana M
Bought by
Ruch William Arthur and Ruch Lana Ranae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.06%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Ruch William A and Ruch Lana Meyerson
Bought by
Ruch William A and Ruch Lana Meyerson

Purchase Details

Closed on
Jul 9, 1997
Sold by
Ruch William Arthur and Ruch Lana Ranae
Bought by
Ruch William Arthur and Ruch Lana Ranae
Source: Public Records

Similar Homes in the area

  • 1070 E Sandpiper Dr, Tempe, AZ 85283

    $829,000

    • 3 Beds
    • 2.5 Baths
    • 2,664 Sq Ft
    • 1070 E Sandpiper Dr
    • Tempe, AZ

    One of a kind on The Island! This custom 3 Bedroom + Den, 2 Bath, 2,664sqft home with a Swimming Pool & Heated Spa backs to the greenbelt. You'll love the spacious feel of this open floor plan with large windows that bring in the natural light. Features include vaulted ceilings, a galley kitchen with stainless steel appliances, granite counters and tile backsplash, wall ovens, a window

    Daniel Birk Realty Executives

    Section Image
  • 35 E Secretariat Dr, Tempe, AZ 85284

    $1,175,000

    • 6 Beds
    • 3 Baths
    • 3,651 Sq Ft
    • 35 E Secretariat Dr
    • Tempe, AZ

    Beautiful home on an interior lot just under half acre w/ No HOA in the desirable Raintree neighborhood. Great curb appeal welcomes you into this light & bright home with the walls painted Greek Villa. Kitchen has beautiful white cabinetry with hardware, new quartzite counters, new GE Cafe appliances & window at the kitchen sink! Spacious family room with an inviting fireplace. Enjoy entertaining

    Carol A. Royse Your Home Sold Guaranteed Realty

    Section Image
  • 1739 E Knox Rd, Tempe, AZ 85284

    $1,100,000

    • 4 Beds
    • 3 Baths
    • 2,828 Sq Ft
    • 1739 E Knox Rd
    • Tempe, AZ

    Situated on an interior lot this home has curb appeal and shows pride of ownership. The spacious family room has a fireplace, entertaining built in bar area. Wood ceilings in family rm and master bedroom. The large kitchen has stainless appliances, window at kitchen sink, granite counters, kitchen island w/ a vegetable sink, large eat in kitchen area w/ views out to the sparking pool. Formal

    Carol A. Royse Your Home Sold Guaranteed Realty

    Section Image
  • 3761 W Kent Dr, Chandler, AZ 85226

    $850,000

    • 5 Beds
    • 3 Baths
    • 3,229 Sq Ft
    • 3761 W Kent Dr
    • Chandler, AZ

    This Chandler home has a premium corner lot with no two story neighbors, a double side gate with 5 bedrooms plus a loft area perfect for an office. The courtyard front entry invites you through double doors where you step into soaring vaulted ceilings, a full downstairs bedroom & bathroom, imported Italian travertine flooring, new blinds & a cozy wood burning fireplace. The kitchen features

    Ann Adams Ann Adams And Associates Realty, LLC

    Section Image
  • 1329 E Whalers Way, Tempe, AZ 85283

    $1,049,000

    • 4 Beds
    • 3 Baths
    • 3,241 Sq Ft
    • 1329 E Whalers Way
    • Tempe, AZ

    Waterfront Front home in one of the most sought-after communities in Tempe. Home features 4 bedrooms 3 baths, 2 plus car garage. Fabulous floor plan includes formal dining & living space, step-down conversation fireplace, vaulted ceilings wrapped with crown molding, expansive master suite with walk in closet, and large balcony overlooking the lake. The home features many upgrades with new front

    Vincent Fumusa HomeSmart

    Section Image
  • 1052 E Sandpiper Dr, Tempe, AZ 85283

    $1,099,000

    • 5 Beds
    • 3.5 Baths
    • 3,150 Sq Ft
    • 1052 E Sandpiper Dr
    • Tempe, AZ

    RECENTLY REMODELED estate in the exclusive Island at the Lakes of Tempe! Owner spared no expense upgrading the kitchen, all of the bathrooms, all floors, baseboards, interior paint, windows/doors, lighting, and plumbing fixtures. This home features 5 bedrooms + an office in the primary suite, 3.5 bathrooms, and 3,150sf of living space. Formal living and dining, plenty of flex spaces, and storage

    Michael D'Elena Compass

    Section Image
  • 1831 E Cornell Dr, Tempe, AZ 85283

    $799,990

    • 4 Beds
    • 2 Baths
    • 2,004 Sq Ft
    • 1831 E Cornell Dr
    • Tempe, AZ

    Step into a beautifully reimagined home that balances elegance with comfort in the heart of Tempe. This freshly remodeled open concept design showcases thoughtful upgrades throughout, transforming it into a modern oasis. The star of this property is undoubtedly the resort-inspired backyard featuring a stunning pool and hot tub, perfect for Arizona's endless summer days. Imagine entertaining

    Christopher Lentine HomeSmart

    Section Image
  • 5617 S Pirates Cove Rd, Tempe, AZ 85283

    $715,000

    • 3 Beds
    • 2.5 Baths
    • 2,469 Sq Ft
    • 5617 S Pirates Cove Rd
    • Tempe, AZ

    Discover this stunning 3BR, 2.5BA waterfront property in Tempe Lakes. This cul-de-sac home offers easy access to community amenities and features 2 fireplaces for cozy evenings.Enter the home through a custom door that sets the tone for elegance throughout. The living room offers a vaulted ceiling and fireplace, creating a warm and inviting atmosphere.The eat-in kitchen boasts granite countertops

    Rae Goepfert Realty ONE Group

    Section Image
  • 5919 S Newberry Rd Unit 12, Tempe, AZ 85283

    $875,000

    • 4 Beds
    • 2 Baths
    • 2,310 Sq Ft
    • 5919 S Newberry Rd
    • Unit 12
    • Tempe, AZ

    Stunningly Remodeled Tempe Home - Better Than a Model! Welcome to your dream home—an exquisitely upgraded, fully remodeled residence in the heart of Tempe with no HOA! This luxurious home combines sophisticated design with modern comfort, featuring a custom iron entry door, quartzite countertops, custom cabinetry, high-end KitchenAid appliances, a full wet bar, and elegant white oak luxury vinyl

    Rena Crawford-Payne Realty ONE Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kaftanoglu Osman -- Chicago Title Agency Inc
Kaftanoglu Osman -- Stewart Title
Kaftanoglu Korhan -- Stewart Title & Trust Of Pho
Kaftanoglu Korhan $550,000 First American Title Ins Co
Ruch Lana R -- None Available
Ruch Lana R -- None Available
Ruch William Arthur -- --
Ruch William A -- --
Ruch William A -- --
Ruch William Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaftanoglu Korhan $130,000
Open Kaftanoglu Osman $280,000
Previous Owner Kaftanoglu Korhan $360,000
Previous Owner Ruch Lana Ranae $169,587
Previous Owner Ruch William A $250,000
Previous Owner Ruch William Arthur $190,808
Previous Owner Ruch William A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $500,000 -14.9% $186 / Sq Ft
05/04/2013 05/04/13 For Sale $587,450 -- $219 / 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 $5,148 $51,310 -- --
2024 $5,078 $48,867 -- --
2023 $5,078 $62,370 $12,470 $49,900
2022 $4,847 $45,310 $9,060 $36,250
2021 $4,885 $43,080 $8,610 $34,470
2020 $4,718 $41,420 $8,280 $33,140
2019 $4,617 $41,110 $8,220 $32,890
2018 $4,488 $38,030 $7,600 $30,430
2017 $4,336 $35,220 $7,040 $28,180
2016 $4,301 $36,600 $7,320 $29,280
2015 $4,113 $34,730 $6,940 $27,790
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4931556

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-117