NOT LISTED FOR SALE

1407 E Commodore Place Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $878,000 - $912,000

4 Beds
2.5 Baths
2,659 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $625,000 $235 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,298/month

12 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Waterfront
  • Rover Elementary School Rated A-
  • RV Gated
  • 0.2 Acre Lot

About This Home

As of September 2020

HONEY STOP THE CAR!! BEAUTIFUL WATERFRONT PROPERTY IN THE MIDDLE OF THE CITY. 4BR/2.5BA 2G ON MOONLIGHT BAY. FORMAL LIVING AND DINING ROOM, GOURMET KITCHEN W/DOUBLE ISLAND, CUSTOM CHERRY CABINETS,
ELEC COOK TOP RANGE, MICRO, TRASH COMPACTOR,SOLID SURFACE COUNTERTOPS, BRASS PENDANT LIGHTS AND TILE BACK SPLASH, LARGE FAMILY ROOM W/SURROUND SOUND, LARGE LAUNDRY ROOM W/SINK, STUNNING CUSTOM POOL
WITH WATER FEATURE THAT OVER LOOKS LAKE, BOAT DOCK, AUTOMATIC RETRACTABLE AWNINGS, DOUBLE SIZE MASTER SUITE W/SITTING AREA, BALCONY, REMODELED MASTER BATH WITH SNAIL SHOWER AND UPGRADED VANITIES,
LARGE OTHER BEDROOMS WITH UPDATED BATHROOM, HOME HAS DUAL PANE WINDOWS AND SOLID CORE DOORS, FRONT YARD AND BACKYARD JUST COMPLETED NEW LANDSCAPING W/ARTIFICIAL TURF, PLANTER BOXES, AUTOMATIC WATER SYSTEM THIS HOME HAS SO MUCH TO OFFER WITH MANY MORE UPGRADES. DON'T MISS THIS HOME!!!

Last Agent to Sell the Property

Kelly Winiesdorffer

Desert 2 Mountain Realty License #SA515501000 Listed on: 08/11/2020

Last Buyer's Agent

Kelly Winiesdorffer

Desert 2 Mountain Realty License #SA515501000 Listed on: 08/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,075

Year Built

  • Built in 1973

Lot Details

  • 8,773 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Shake Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,659 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 301-02-079

Community Details

Overview

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

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,075

Year Built

Built in 1973

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Cross Street: RURAL AND BASELINE EAST TO LAKESHORE
  • 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: 105.0
  • 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: 1973
  • Tax Year: 2019
  • Directions: SOUTH TO COMMODORE PL EAST TO PROPERTY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: LAKES TRACT A
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 315.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Softener Rented, Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2659.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: 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
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Other, Block
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back
  • Pool Features: Diving Pool, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Shake
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • 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, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 315.0
  • 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

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: 8773.0
  • Parcel #: 301-02-079

Building Info

  • Builder Name: BRADLEY

Tax Info

  • Tax Annual Amount: 5075.0
  • Tax Book Number: 301.00
  • Tax Lot: 37
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 16, 2020
Sold by
Summers Mark C and Summer Christina S
Bought by
Stotts Daniel B and Stotts Jeanine M
Seller's Agent
Kelly Winiesdorffer
Desert 2 Mountain Realty
Buyer's Agent
Kelly Winiesdorffer
Desert 2 Mountain Realty
List Price
$644,900
Sold Price
$625,000
Premium/Discount to List
-$19,900
-3.09%
Current Estimated Value
$896,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,986
Avg. Annual Appreciation
7.51%
Original Mortgage
$500,000
Outstanding Balance
$445,727
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$451,259
Source: Public Records

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
Stotts Daniel B $625,000 Clear Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stotts Daniel B $500,000
Previous Owner Summers Mark C $280,000
Previous Owner Summers Mark C $199,200
Previous Owner Summers Mark C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $625,000 -3.1% $235 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $644,900 -- $243 / 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 $5,477 $54,246 -- --
2024 $5,403 $51,663 -- --
2023 $5,403 $64,930 $12,980 $51,950
2022 $5,159 $46,860 $9,370 $37,490
2021 $5,225 $44,830 $8,960 $35,870
2020 $5,154 $43,500 $8,700 $34,800
2019 $5,075 $43,280 $8,650 $34,630
2018 $4,934 $40,880 $8,170 $32,710
2017 $4,769 $37,920 $7,580 $30,340
2016 $4,731 $40,070 $8,010 $32,060
2015 $4,520 $37,570 $7,510 $30,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6115216

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-079