$485,000
SOLD MAY 16, 2018
4 Beds
3 Baths
3,241 Sq Ft
8,337 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • 0.19 Acre Lot
  • Rover Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of May 2018

UNBELIEVABLE OPPORTUNITY IN TEMPE'S LUXURY COMMUNITY OF THE LAKES! A stunning example of tasteful timeless design; this Highly Desirable Waterfront Custom home is designed for gracious living. Entertaining family & friends will be a delight in this beauty with its perfect location within the exclusive Coves enclave with stunning lake views & total backyard serenity. This ''One-Owner'' charmer oozes ''pride of ownership'' and has been meticulously maintained over the years. Make this your Move-In Ready home, or a perfect opportunity to transform into a special dream home!
Fabulous floor plan includes elegant formal dining & living space, dramatic step-down conversation fireplace, vaulted ceilings wrapped with crown molding, expansive master suite with cozy sitting area, over-sized master bathroom, and an oversized covered balcony area overlooking the lake! Two generous sized secondary upstairs bedrooms, plus, a downstairs secondary bedroom option ideal for guests or a nanny suite. So many hand crafted built-in wood cabinets, stair banister railings, stained wood baseboards and more.

Step outside and enjoy breathtaking lake views! Large covered paver patio & professionally designed backyard featuring a large grassy play area, conversation pit, specialty lighting, built-in BBQ, boat dock, all surrounded by lush tropical landscaping.

For more than 45 years, The Lakes is considered the majestic destination community known for its picturesque scenery and neighborhood charm. Its warm and inviting: full of friendly neighbors, engaging lifestyle and exceptional educational opportunities. This lake community features several waterfront homes, expansive waterways, nearby restaurants and bars, and the popular Lakes Beach & Tennis Club with Olympic size heated swimming pool, kids play pool, fitness center, playgrounds, picnic areas, basketball & sand volleyball court. Nestled between both the thriving City of Chandler & Tempe, residents take advantage of the countless nearby amenities including the 101, 202, I10 & 60 freeways, shopping, dining, entertainment, airports, hospitals, booming business corridors, hot new Southeast Valley Developments and The Highly Prized Tempe Unified School District. Send your kids to school with confidence!

Last Agent to Sell the Property

Chris Guerrero

Realty ONE Group License #SA649847000 Listed on: 04/12/2018

Co-Listed By

Devin Guerrero

Realty ONE Group License #SA649849000

Last Buyer's Agent

Vincent Fumusa

HomeSmart License #SA515405000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1975

Lot Details

  • 8,337 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,241 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue
  • Playground

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 57
  • Assessor Parcel Number 301-02-099

Community Details

Overview

  • Property has a Home Owners Association
  • The Lakes Association, Phone Number (480) 838-1023
  • Built by Vaughn Custom Homes
  • Lakes Subdivision, Custom Home Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline & Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 101.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2017
  • Directions: East to Lakeshore, South to Commodore, east to Whalers Way, North to home on right
  • Master Model: Custom Home
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: Lakes
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 305.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Free Standing, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 3241.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Fireplace:Gas Fireplace: 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
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Freestnd Fireplace: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Playground, Patio, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Front, Grass Back
  • Pool Features: Community, Heated, None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Block, Frame - Wood
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: 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, Extnded Lngth Garage
  • 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
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Community Media Room, Pool, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • 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_: $

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8337.0
  • Parcel #: 301-02-099
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Vaughn Custom Homes

Tax Info

  • Tax Annual Amount: 4980.0
  • Tax Book Number: 301.00
  • Tax Lot: 57
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 16, 2018
Sold by
Enriquez Terry and The Vaughn Family Trust
Bought by
Locke Robert and Branton Michelle
Seller's Agent
Chris Guerrero
Realty ONE Group
Buyer's Agent
Vincent Fumusa
HomeSmart
List Price
$479,990
Sold Price
$485,000
Premium/Discount to List
$5,010
1.04%
Total Days on Market
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$453,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Vaughn Jerry C and Vaughn Susan L
Bought by
Vaughn Jerry C and Vaughn Susan L
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 Type Sale Price Title Company
Warranty Deed $485,000 Premier Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,000 Credit Line Revolving
Closed $170,000 Credit Line Revolving
Open $356,120 New Conventional
Closed $375,000 New Conventional
Closed $453,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Price Changed $1,049,000 -4.6% $324 / Sq Ft
05/01/2025 05/01/25 Price Changed $1,100,000 -8.3% $339 / Sq Ft
04/16/2025 04/16/25 For Sale $1,200,000 +147.4% $370 / Sq Ft
05/16/2018 05/16/18 Sold $485,000 0.0% $150 / Sq Ft
04/17/2018 04/17/18 Price Changed $485,000 +1.0% $150 / Sq Ft
04/11/2018 04/11/18 For Sale $479,990 -- $148 / 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 $5,540 $54,814 -- --
2024 $5,466 $52,203 -- --
2023 $5,466 $66,230 $13,240 $52,990
2022 $5,219 $47,350 $9,470 $37,880
2021 $5,312 $45,500 $9,100 $36,400
2020 $5,300 $44,600 $8,920 $35,680
2019 $5,298 $44,380 $8,870 $35,510
2018 $5,151 $42,250 $8,450 $33,800
2017 $4,980 $39,260 $7,850 $31,410
2016 $5,082 $42,480 $8,490 $33,990
2015 $4,858 $39,770 $7,950 $31,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5750142

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-099