$550,000
SOLD MAR 2, 2020

1403 E Commodore Place Tempe, AZ 85283

The Lakes Neighborhood
5 Beds
2 Baths
2,418 Sq Ft
9,187 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

4% Below List Price

50 Days on Market

Highlights

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

About This Home

As of March 2020

View Virtual Tour. Single level waterfront home in the coveted Coves of The Lakes is located on a quiet, cul-de-sac street with N/S exposure. This 5 bed/2 bath sanctuary has been RECENTLY UPGRADED by owners with over $70,000.00 of improvements including a private, low-maintenance, gated courtyard with pavers and turf, over-sized block paver deck with view fencing, covered patio with ceiling fans (and new roof!) and extended engineered wood dock – perfect for your guests who arrive by boat and for fishing and feeding the ducks! All NEW dual pane windows and sliding doors, EXTRA insulation has been added to the attic (including over the garage), NEW insulated garage door – ENERGY EFFICIENT (SRP electric bill history available). Both baths have been updated with NEW tile and glass showers.. toilets, fixtures and floors. Conveniently located near freeways, shopping, movie theaters, restaurants and about 10 minutes to the airport. Be sure to check out all amenities in The Lakes heated swimming pool, lighted tennis courts, racquetball courts, exercise room and much more! You'll Love Living in The Lakes!

Last Agent to Sell the Property

Daniel Birk

AZ Brokerage Holdings, LLC License #SA554956000 Listed on: 12/12/2019

Last Buyer's Agent

Amy Scott

Realty ONE Group License #SA679744000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,628

Year Built

  • Built in 1976

Lot Details

  • 9,187 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating 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
  • Lca Association, Phone Number (480) 838-1023
  • Built by CUSTOM
  • Lakes Tract A Subdivision
  • Community Lake

Amenities

  • 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

$4,628

Year Built

Built in 1976

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: LAKESHORE/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: 103.33
  • 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: 1976
  • Tax Year: 2019
  • Directions: S on Lakeshore Drive to Commodore Place, E to 1403
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: LAKES TRACT A
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 310.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 2418.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Waterfront Lot, Desert Front, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Metal
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): 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

  • Community Features: Racquetball, Lake, Community Spa Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 310.0
  • Association Fee Frequency: Quarterly
  • Association Name: LCA
  • 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: LCA
  • 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: 9187.0
  • Parcel #: 301-02-078

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 4628.0
  • 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
AZ Brokerage Holdings, LLC
Buyer's Agent
Amy Scott
Realty ONE Group
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$859,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,185
Avg. Annual Appreciation
8.45%

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
8.53%
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

  • D

    Seller's Agent in 2020

    Daniel Birk

    Realty Executives

  • A

    Buyer's Agent in 2020

    Amy Scott

    Realty One Group

    (602) 695-3842

    15 Total Sales

    Amy Scott
    Section Image

  • L

    Seller's Agent in 2017

    Leonard Meyer

    Heins Realty

    Section Image
  • Suzanne Gammage

    Seller Co-Listing Agent in 2017

    Suzanne Gammage

    Russ Lyon Sotheby's International Realty

    (480) 612-2444

    24 Total Sales

    Suzanne Gammage
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6013765

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-078

Arizona Maricopa County Tempe 85283 The Lakes

1403 E Commodore Place, Tempe, AZ

This home is located at 1403 E Commodore Place, Tempe, AZ 85283 and is currently priced at $550,000, approximately $227 per square foot. This property was built in 1976. 1403 E Commodore Place is a home located in Maricopa County with nearby schools including Rover Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

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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