NOT LISTED FOR SALE

1407 E Steamboat Bend Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $823,111 - $916,000

3 Beds
2.5 Baths
2,055 Sq Ft
$420/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $371,000 $181 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,986/month

2 Days on Market

Highlights

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

About This Home

As of June 2013

Single level vintage Lakes custom waterfront home. Spectacular views from most rooms in the house. Well-kept home, newly painted throughout. Oversized 2 car garage with separate handyman workshop. Built-ins and storage space galore, with 2 built-in pantries. Third bedroom set up as sewing/hobby room. One owner. Community center within walking distance with pool, tennis courts, clubhouse, exercise room and more. Fishing and boating permitted in the well maintained lake.

Last Agent to Sell the Property

Denise Walsh

HomeSmart License #SA015647000 Listed on: 05/19/2013

Last Buyer's Agent

Vincent Fumusa

HomeSmart License #SA515405000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1973

Lot Details

  • 8,590 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

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

Additional Features

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

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 301-02-057

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,505

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Baseline and Lakeshore Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.66
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1973
  • Tax Year: 2012
  • Directions: East of Rural on Baseline to Lakeshore Drive, South to Steambend, East to home in cul-de-sac.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.2
  • Subdivision Name: The Lakes
  • Architectural Style: Ranch, Spanish
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 2055.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: 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 Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • 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, Tennis Court(s), Racquetball, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community Asso
  • 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 Asso
  • 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: 8590.0
  • Parcel #: 301-02-057
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3505.0
  • Tax Book Number: 301.00
  • Tax Lot: 15
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2013
Closed on
Jun 21, 2013
Sold by
Fumusa Vincent
Bought by
Fumusa Vincent M and Fumusa Katherine Marie
Seller's Agent
Denise Walsh
HomeSmart
Buyer's Agent
Vincent Fumusa
HomeSmart
List Price
$350,000
Sold Price
$371,000
Premium/Discount to List
$21,000
6%
Total Days on Market
2
Current Estimated Value
$862,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,528
Avg. Annual Appreciation
7.00%
Original Mortgage
$347,985
Outstanding Balance
$254,488
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$578,378

Purchase Details

Listed on
May 19, 2013
Closed on
Jun 4, 2013
Sold by
Fumusa Katherine Marie and Fumusa Vincent
Bought by
Fumusa Vincent
Seller's Agent
Denise Walsh
HomeSmart
Buyer's Agent
Vincent Fumusa
HomeSmart
List Price
$350,000
Sold Price
$371,000
Premium/Discount to List
$21,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,985
Outstanding Balance
$254,488
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$578,378

Purchase Details

Closed on
Apr 29, 2009
Sold by
Matteotti Anne
Bought by
Matteotti Anne and Matteotti Linda
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 Buyer Sale Price Title Company
Fumusa Vincent M -- Accommodation
Fumusa Vincent -- Title Management Agency Of A
Fumusa Vincent $371,000 Title Management Agency Of A
Matteotti Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fumusa Vincent $347,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $371,000 0.0% $181 / Sq Ft
05/28/2013 05/28/13 Price Changed $371,000 +6.0% $181 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $350,000 -- $170 / 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 $4,891 $49,022 -- --
2024 $4,825 $46,688 -- --
2023 $4,825 $58,480 $11,690 $46,790
2022 $4,604 $43,060 $8,610 $34,450
2021 $4,640 $40,620 $8,120 $32,500
2020 $4,481 $39,170 $7,830 $31,340
2019 $4,385 $38,610 $7,720 $30,890
2018 $4,261 $35,910 $7,180 $28,730
2017 $4,116 $33,180 $6,630 $26,550
2016 $4,107 $34,470 $6,890 $27,580
2015 $3,950 $32,780 $6,550 $26,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4939026

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-057