NOT LISTED FOR SALE

Estimated Value: $840,281 - $1,124,000

4 Beds
3 Baths
2,236 Sq Ft
$422/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $550,000 $246 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,797/month

10 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Rover Elementary School Rated A-
  • 0.21 Acre Lot
  • Clubhouse

About This Home

As of March 2016

Updated and remodeled Waterfront home- This gorgeous 4 bedroom, 3 bathroom home has been updated from top to bottom, inside and out! NEW kitchen, NEW bathrooms; custom finished cabinets, granite counters,beautiful fixtures. New porcelain wood plank tile, new roof, new decking & rails on balcony and the list goes on. Enjoy the serene lake views from one of the multiple outdoor patio spaces- a vacation everyday. Check out The Lakes website for all the amenities offered in this fabulous community-thelakesoftempe.com And the location, you can't get more central then this- close to freeways, shopping, excellent schools, downtown Tempe. Don't miss your unique opportunity for waterfront living in the desert.

Last Agent to Sell the Property

Stephanie Wyatt

Coldwell Banker Realty License #SA546386000 Listed on: 01/27/2016

Coldwell Banker Realty

Last Buyer's Agent

Brandon Schlueter

Midland Real Estate Alliance License #SA643495000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1973

Lot Details

  • 9,361 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Block Wall Fence
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,236 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 301-02-116

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Association, Phone Number (480) 838-1023
  • The Lakes Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,854

Year Built

Built in 1973

Lot Details

0

HOA Fees

$97 per month

Parking

3

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 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2015
  • Directions: East on Baseline to Lakeshore, Sth to Commodore, East to Whalers Way, Nth to home
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: The Lakes
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2236.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: 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
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front, Grass Back, Synthetic Grass Frnt, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Lake Subdivision, Tennis Court(s), Playground, Clubhouse, Fitness Center
  • Amenities: Other
  • Association Fee: 290.0
  • 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: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: 9361.0
  • Parcel #: 301-02-116
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3854.0
  • Tax Book Number: 301.00
  • Tax Lot: 74
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Lee Jerry Lum
Bought by
Lum Lee Ohana Living Trust and Joanne P Schlueter Living Trust
Total Days on Market
10
Current Estimated Value
$944,320

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 19, 2016
Sold by
Cartus Financial Corporation
Bought by
Schlueter Joanne P and Lee Jerry Lum
Seller's Agent
Stephanie Wyatt
Coldwell Banker Realty
Buyer's Agent
Brandon Schlueter
Midland Real Estate Alliance
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
6.02%
Original Mortgage
$412,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 9, 2016
Sold by
Twitchell Philip S and Twitchell Jamie L
Bought by
Cartus Financial Corporation
Seller's Agent
Stephanie Wyatt
Coldwell Banker Realty
Buyer's Agent
Brandon Schlueter
Midland Real Estate Alliance
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.
Original Mortgage
$412,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2009
Sold by
Lassen Elinor M
Bought by
Twitchell Philip S and Twitchell Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
Lassen Elinor M
Bought by
The Elinor M Lassen Trust
Source: Public Records

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Range of Values:

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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
Lum Lee Ohana Living Trust -- Final Title Support
Schlueter Joanne P $550,000 Equity Title Agency
Cartus Financial Corporation -- None Available
Twitchell Philip S $424,500 Empire West Title Agency Llc
The Elinor M Lassen Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lum Lee Ohana Lvng Tst $120,000
Previous Owner Schlueter Joanne P $412,500
Previous Owner Cartus Financial Corporation $82,500
Previous Owner Twitchell Philip S $354,300
Previous Owner Twitchell Philip S $382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $550,000 0.0% $246 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $550,000 -- $246 / 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 $4,786 $48,078 -- --
2024 $4,721 $45,788 -- --
2023 $4,721 $58,710 $11,740 $46,970
2022 $4,504 $42,560 $8,510 $34,050
2021 $4,539 $40,650 $8,130 $32,520
2020 $4,383 $39,170 $7,830 $31,340
2019 $4,288 $38,870 $7,770 $31,100
2018 $4,167 $35,930 $7,180 $28,750
2017 $4,025 $33,150 $6,630 $26,520
2016 $3,993 $34,430 $6,880 $27,550
2015 $3,854 $32,570 $6,510 $26,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5389558

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-116