NOT LISTED FOR SALE

1400 E Commodore Place Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $833,000 - $1,291,000

4 Beds
2.5 Baths
2,570 Sq Ft
$380/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $845,000 $329 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,716/month

3 Days on Market

Highlights

  • Private Pool
  • 2 Fireplaces
  • Grass Covered Lot
  • 0.21 Acre Lot
  • Central Air
  • Heating Available

About This Home

As of November 2024

Waterfront property in Arizona is a rare find, especially in the prestigious community of *The Lakes* in Tempe, where homes seldom hit the market. This mid-century gem offers serene water views as its stunning backdrop. Impeccably maintained, the home features expansive windows and open spaces that bathe the interiors in natural light and showcase lake views. The gourmet kitchen boasts high-end cabinetry and appliances. Expansive upper and lower decks create the ideal indoor-outdoor living oasis. The covered pool could be restored to its former glory. Enjoy the full lifestyle with a private dock, waterfall fountain, and sauna room. Community amenities include boating, fishing, & a heated Olympic pool. Virtually staged photos. Ready to live on the water? Don't hesitate

Last Agent to Sell the Property

Kort Linden

HomeSmart License #SA697901000 Listed on: 09/21/2024

HomeSmart

Last Buyer's Agent

Kort Linden

Elite Partners License #SA697901000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1977

Lot Details

  • 9,056 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Lakes Community HOa, Phone Number (480) 332-0050
  • Lakes Tract A Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 301-02-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 1977

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • 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: 120.0
  • 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: 1977
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: LAKES TRACT A
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 328.79
  • Association Fees:HOA Fee2: 360.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2570.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Private
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 360.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community HOa
  • Phone: 480-332-0050
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Lakes Community HOa
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 9056.0
  • Parcel #: 301-02-088

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4974.0
  • Tax Book Number: 301.00
  • Tax Lot: 46
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Nov 13, 2024
Sold by
Leon R And Ellen Shapiro Family Trust and Shapiro Ellen
Bought by
Hoffman Kathleen and Hoffman James
Seller's Agent
Kort Linden
HomeSmart
Buyer's Agent
Kort Linden
HomeSmart
List Price
$900,000
Sold Price
$845,000
Premium/Discount to List
-$55,000
-6.11%
Views
13
Current Estimated Value
$977,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,852
Avg. Annual Appreciation
14.77%
Original Mortgage
$783,750
Outstanding Balance
$775,145
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$202,707

Purchase Details

Closed on
Mar 6, 2000
Sold by
Shapiro Lee and Shapiro Ellen
Bought by
Shapiro Leon R and Shapiro Ellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Hoffman Kathleen $825,000 Capital Title
Hoffman Kathleen $825,000 Capital Title
Shapiro Leon R -- --
Shapiro Leon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Kathleen $783,750
Closed Hoffman Kathleen $783,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $845,000 -6.1% $329 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/21/2024 09/21/24 For Sale $900,000 -- $350 / 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 $5,437 $50,368 -- --
2024 $4,974 $47,970 -- --
2023 $4,974 $61,670 $12,330 $49,340
2022 $4,747 $43,510 $8,700 $34,810
2021 $4,853 $41,970 $8,390 $33,580
2020 $4,695 $40,870 $8,170 $32,700
2019 $4,595 $40,120 $8,020 $32,100
2018 $4,466 $37,480 $7,490 $29,990
2017 $4,315 $34,580 $6,910 $27,670
2016 $4,329 $37,150 $7,430 $29,720
2015 $4,136 $34,710 $6,940 $27,770
Source: Public Records

Agents Affiliated with this Home

  • Kort Linden

    Seller's Agent in 2024

    Kort Linden

    HomeSmart

    (480) 998-0110

    2 in this area

    92 Total Sales

    Kort Linden
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760832

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-088

Arizona Maricopa County Tempe 85283 The Lakes

1400 E Commodore Place, Tempe, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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