NOT LISTED FOR SALE

1517 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $539,000 - $598,000

3 Beds
2 Baths
1,666 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $235,000 $141 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,347/month

16 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Living Room with Fireplace
  • Play Pool
  • Community Lake
  • 5-minute walk to Gaicki Park

About This Home

As of May 2013

Wow!Your opportunity awaits! On the water! Fantastic courtyard entry w/the world's most amazing kitchen remodel! Kitchen boasts the best!Wolf appliances, maple custom cabinets, granite, subzero Refrig & Subzero Wine fridge, Patio doors open the entire width of kitchen overlooking courtyard & pool w/water feature. Outdoor kitchen & fireplace! Backyard backs up to water on ''the pond''. Hardwood floors in dining & living,travertine tile almost everywhere else. Carpet only in 2 beds. The master & hall baths will need attention & carpet however, this oportunity on the water does not happen very often! A/C a few years old, roof, evap, Heat,pool filter as well. The recent upgrades are top of the line. Huge mature trees in the front and mature garden/tropical feel in the backyard!SHORT SALE

Last Agent to Sell the Property

Debbie Perkins

AZ Brokerage Holdings, LLC License #SA113686000 Listed on: 01/21/2013

Last Buyer's Agent

Edward Surchik

Fathom Realty Elite License #SA541291000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1972

Lot Details

  • 5,249 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,666 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Outdoor Features

  • Play Pool
  • Patio
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Property is near bus stop

Listing and Financial Details

  • Short Sale
  • Tax Lot 20
  • Assessor Parcel Number 301-02-556

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Association, Phone Number (480) 838-1023
  • Built by Knoell
  • The Lakes Tract R 1 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

$1,928

Year Built

Built in 1972

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: McClintock/Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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
  • Cooling HVAC SEER Rating: 18
  • Energy Green Feature H E R S Rating: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2012
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2006
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2006
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2006
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1972
  • Tax Year: 2012
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: The Lakes Tract R-1
  • Architectural Style: Ranch
  • New Construction: No
  • General Property Description:PriceSqFt: 141.06
  • Association Fees:HOA Fee2: 290.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Exterior Fireplace, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1666.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: 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
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard, Built-in Barbecue
  • Lot Features: Borders Common Area, North/South Exposure, Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front
  • Pool Features: Play Pool
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool, Racquetball, Lake, Community Spa, Community Spa Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 290.0
  • 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: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: 5249.0
  • Parcel #: 301-02-556

Building Info

  • Builder Name: Knoell

Tax Info

  • Tax Annual Amount: 1928.0
  • Tax Book Number: 301.00
  • Tax Lot: 20
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2014
Sold by
Moore Vicki A
Bought by
Moore Kenneth Scott and Nicoll Moore Kathryn Elizabeth
Current Estimated Value
$578,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Outstanding Balance
$62,430
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$515,616

Purchase Details

Listed on
Jan 21, 2013
Closed on
May 9, 2013
Sold by
Balfanz John T and Balfanz Theresa M
Bought by
Nicoll Moore Kathryn E and Scott Moore K
Seller's Agent
Debbie Perkins
AZ Brokerage Holdings, LLC
Buyer's Agent
Edward Surchik
Fathom Realty Elite
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Apr 3, 1998
Sold by
Balfanz Theresa M and Monks Theresa M
Bought by
Balfanz John T and Balfanz Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.18%

Purchase Details

Closed on
Jun 23, 1997
Sold by
Salisbury William F and Salisbury Cynthia S
Bought by
Monks Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
7.83%
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 Buyer Sale Price Title Company
Moore Kenneth Scott -- First Arizona Title Agency
Nicoll Moore Kathryn E $235,000 First American Title Ins Co
Balfanz John T -- Security Title Agency
Monks Theresa M $179,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Kenneth Scott $213,000
Previous Owner Balfanz John T $22,000
Previous Owner Monks Theresa M $143,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $235,000 -4.1% $141 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $245,000 -- $147 / 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 $2,732 $26,208 -- --
2024 $2,507 $24,960 -- --
2023 $2,507 $45,970 $9,190 $36,780
2022 $2,394 $34,260 $6,850 $27,410
2021 $2,441 $31,710 $6,340 $25,370
2020 $2,360 $29,970 $5,990 $23,980
2019 $2,315 $30,570 $6,110 $24,460
2018 $2,253 $29,050 $5,810 $23,240
2017 $2,182 $29,230 $5,840 $23,390
2016 $2,172 $28,750 $5,750 $23,000
2015 $2,101 $26,820 $5,360 $21,460
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Debbie Perkins

    Realty Executives

  • Edward Surchik

    Buyer's Agent in 2013

    Edward Surchik

    Fathom Realty Elite

    (480) 250-3595

    47 Total Sales

    Edward Surchik
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4883123

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-556

Arizona Maricopa County Tempe 85283 The Lakes

1517 E Driftwood Dr, Tempe, AZ

Not Listed for Sale

Detached

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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