$310,000
SOLD JUL 6, 2015

1505 E Edgewater Dr Tempe, AZ 85283

The Lakes Neighborhood
4 Beds
2 Baths
2,024 Sq Ft
6,734 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

6% Below List Price

44 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Rover Elementary School Rated A-
  • Community Lake
  • Corner Lot

About This Home

As of December 2018

Relax in your refreshing swimming pool on those summer evenings while BBQing your favorite meal. Open those big sliding doors for an outdoor/indoor feel. Your friends and family will converse around your newly remodeled gourmet kitchen while you are creating the next chef masterpiece. This is a home to keep for generations. Home offers a large and open family room and formal dining room. Large living room has a cozy fireplace. Spacious guest bedrooms. Master suite has a separate exit and private bathroom. Bathrooms remodeled. This home is truly amazing, vacant and move-in ready. Do not hesitate, call today and make this home yours!!

Last Agent to Sell the Property

Melissa Debnar

CORE Choice Realty License #SA642561000 Listed on: 04/30/2015

Last Buyer's Agent

George Wanner

Keller Williams Realty Sonoran Living License #SA529308000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1978

Lot Details

  • 6,734 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered patio or porch

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

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 301-02-846

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Community Association, Phone Number (480) 838-1023
  • Built by ROOSEN
  • Lakes Tract C3 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,844

Year Built

Built in 1978

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: McClintock Drive & Baseline Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: 50.0
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 100.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2014
  • Directions: US-60 East. Exit right on McClintock Dr. Right on Southshore Dr. Right on Marine Dr. Home is on the corner of Marine Dr and Edgewater Dr.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: LAKES TRACT C3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Wet Bar, Kitchen Island, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2024.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Gravel/Stone Back, Grass Front, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Lake Subdivision, Tennis Court(s), Playground, Clubhouse, Fitness Center
  • Amenities: None, Management, Rental OK (See Rmks)
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: THE LAKES COMMUNITY
  • 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 COMMUNITY
  • 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: 6734.0
  • Parcel #: 301-02-846
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: ROOSEN

Tax Info

  • Tax Annual Amount: 2844.0
  • Tax Book Number: 301.00
  • Tax Lot: 148
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Nguyen Phuong
Bought by
Nguyen Phuong D and Gailey Steven
Total Days on Market
44
Current Estimated Value
$633,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$233,102
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$400,211

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 17, 2018
Sold by
Gailey Steven and Nguyen Phuong
Bought by
Nguyen Phuong
Seller's Agent
John Sposato
Keller Williams Realty Sonoran Living
Buyer's Agent
Anton Vu
Access Arizona Realty
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$330,600
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jun 30, 2015
Sold by
Landes Jerry M and Landes Michele J
Bought by
Scherich Kathleen H
Seller's Agent
Melissa Debnar
CORE Choice Realty
Buyer's Agent
George Wanner
Keller Williams Realty Sonoran Living
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Dec 28, 2004
Sold by
Landes Jerry M and Landes Michele J
Bought by
Landes Jerry M and Landes Michele J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,875
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Alexander Lee Ann
Bought by
Landes Jerry and Landes Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,875
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Johnson Maurice H and Johnson Marsha A
Bought by
Alexander Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,120
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

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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
Interfamily Deed Transfer -- Dhi Title Agency
Interfamily Deed Transfer -- Infinity Title Agency
Warranty Deed $348,000 Infinity Title Agency
Cash Sale Deed $310,000 U S Title Agency Llc
Interfamily Deed Transfer -- --
Warranty Deed $266,500 Capital Title Agency Inc
Warranty Deed $228,900 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $324,000 New Conventional
Closed $330,600 New Conventional
Previous Owner $199,875 Purchase Money Mortgage
Previous Owner $183,120 New Conventional
Closed $25,780 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $350,000 0.0% $173 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $350,000 +12.9% $173 / Sq Ft
07/06/2015 07/06/15 Sold $310,000 -3.7% $153 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
06/06/2015 06/06/15 Price Changed $322,000 -2.1% $159 / Sq Ft
05/25/2015 05/25/15 Price Changed $329,000 -0.3% $163 / Sq Ft
04/30/2015 04/30/15 For Sale $330,000 -- $163 / 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 $2,553 $32,034 -- --
2024 $3,064 $30,509 -- --
2023 $3,064 $44,420 $8,880 $35,540
2022 $2,927 $33,070 $6,610 $26,460
2021 $2,984 $31,010 $6,200 $24,810
2020 $2,885 $29,010 $5,800 $23,210
2019 $2,830 $27,320 $5,460 $21,860
2018 $3,176 $24,730 $4,940 $19,790
2017 $3,082 $23,620 $4,720 $18,900
2016 $3,060 $23,510 $4,700 $18,810
2015 $2,939 $21,300 $4,260 $17,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5273197

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-846