$440,000
SOLD JUN 28, 2017

1403 E Commodore Place Tempe, AZ 85283

The Lakes Neighborhood
4 Beds
2 Baths
2,432 Sq Ft
9,187 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

6% Below List Price

365 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 2020

Rare SINGLE LEVEL split plan 4 bedroom + office, 2 bath WATERFRONT home with 2 car garage in sought after Lakes of Tempe resort-like community. Quiet cul-de-sac street. Great lake views from family room, kitchen, master bedroom and other large bedroom. Kitchen with granite, stainless, updated master bath. Vaulted ceilings in family room and living room. Huge covered patio with North/South exposure. Metal roof and block construction keeps low electric bills. Park your boat right behind your home. New flooring. All Lakes amenities including boating, fishing, clubhouse with Olympic HEATED pool, spa, saunas, FITNESS CENTER, tennis courts, sports courts, picnic areas, tot lot with kiddie pool, function rooms, more! Easy to ASU, airport, highways. MORE!

Last Agent to Sell the Property

Leonard Meyer

Heins Realty License #BR529400000 Listed on: 05/23/2016

Co-Listed By

Suzanne Gammage

Russ Lyon Sotheby's International Realty License #BR509535000

Last Buyer's Agent

Leonard Meyer

Heins Realty License #BR529400000 Listed on: 05/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1976

Lot Details

  • 9,187 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,432 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 301-02-078

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • Lakes Community HOA, Phone Number (480) 838-1023
  • Built by Bradley
  • Lakes Tract A Subdivision, Waterfront Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • 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

$4,401

Year Built

Built in 1976

Lot Details

0

HOA Fees

$100 per month

Parking

2

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: 99.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2016
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2006
  • Updated Roof: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1976
  • Tax Year: 2016
  • Directions: East to Lakeshore, South to Commodore, East to home on right.
  • Master Model: WATERFRONT
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: gmmg01
  • Co List Office Phone: 602-956-4646
  • Subdivision Name: LAKES TRACT A
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 299.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2432.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: 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
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, None
  • Exterior Features: Other, Covered Patio(s), Patio
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block, Slump Block
  • Roof: Metal
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: 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), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 299.0
  • 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_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks)

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: 9187.0
  • Parcel #: 301-02-078
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Bradley

Tax Info

  • Tax Annual Amount: 4401.0
  • Tax Book Number: 301.00
  • Tax Lot: 36
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Feb 27, 2020
Sold by
Chang Jay and Chang Jihyum
Bought by
Wilkinson James Kim and James Kim Wilkinson Rev Living
Seller's Agent
Daniel Birk
Realty Executives
Buyer's Agent
Amy Scott
Realty ONE Group
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Total Days on Market
365
Current Estimated Value
$872,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,895
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Sep 7, 2018
Sold by
Chang Jay and Chang Ji Hyun
Bought by
Chang Jay and Chang Jihyun

Purchase Details

Listed on
May 23, 2016
Closed on
May 23, 2017
Sold by
Freedman Helen Pearson
Bought by
Chang Jay and Chang Ji Hyun
Seller's Agent
Leonard Meyer
Heins Realty
Buyer's Agent
Leonard Meyer
Heins Realty
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$344,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2007
Sold by
Freedman James S
Bought by
Freedman Helen Pearson

Purchase Details

Closed on
Sep 25, 1997
Sold by
Smythe John A and Smythe Gloria M
Bought by
Freedman James S and Freedman Helen Pearson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
7.54%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $550,000 Magnus Title Agency Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $440,000 First American Title Insuran
Interfamily Deed Transfer -- None Available
Warranty Deed $220,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $344,000 New Conventional
Previous Owner $78,662 Unknown
Previous Owner $34,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $84,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $550,000 -1.8% $227 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $559,900 -2.6% $232 / Sq Ft
12/12/2019 12/12/19 For Sale $575,000 +30.7% $238 / Sq Ft
06/28/2017 06/28/17 Sold $440,000 -6.2% $181 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $469,000 +6.6% $193 / Sq Ft
05/23/2017 05/23/17 Off Market $440,000 -- --
04/01/2017 04/01/17 Price Changed $469,000 -2.3% $193 / Sq Ft
12/27/2016 12/27/16 Price Changed $479,900 -4.0% $197 / Sq Ft
10/28/2016 10/28/16 Price Changed $499,990 -4.7% $206 / Sq Ft
09/15/2016 09/15/16 Price Changed $524,500 -1.0% $216 / Sq Ft
05/23/2016 05/23/16 For Sale $529,900 -- $218 / 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 $5,135 $51,197 -- --
2024 $5,066 $48,759 -- --
2023 $5,066 $61,770 $12,350 $49,420
2022 $4,835 $44,400 $8,880 $35,520
2021 $4,872 $42,120 $8,420 $33,700
2020 $4,729 $41,120 $8,220 $32,900
2019 $4,628 $40,250 $8,050 $32,200
2018 $4,498 $37,650 $7,530 $30,120
2017 $4,346 $34,800 $6,960 $27,840
2016 $4,401 $37,300 $7,460 $29,840
2015 $4,203 $35,000 $7,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5448263

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-078