1518 E South Shore Dr Tempe, AZ 85283
The Lakes Neighborhood
4
Beds
2
Baths
2,284
Sq Ft
7,118
Sq Ft Lot
Highlights
- Fitness Center
- Waterfront
- Clubhouse
- Rover Elementary School Rated A-
- Community Lake
- 4-minute walk to Gaicki Park
About This Home
As of August 2023Waterfront home in the highly sought after Lakes community of Tempe nestled on a private lake surrounded by mature trees and lush green belts! This private fully remodeled 2284sf 4 bedroom, 2 bath home is bright & welcoming with a classic charm and style you simply can't find in new construction. From the moment you step through the wood & rod iron gate into the front courtyard with green grass, towering trees & plenty of room to entertain - you will be transported into the tranquil living of South Shore. Take a deep breath and exhale as you walk through the front door and into the great room with living & dining space accented by custom French doors, a feature fireplace & dramatic solid wood flooring. The roomy eat-in kitchen was professionally redesigned with special attention paid... to retaining the character while adding the modern functionality and aesthetic of stainless steel appliances, a gas range, granite counters, a tiled back splash, designer vent hood & a farmers sink. The master bedroom is located downstairs making a convenient retreat with views of the lake, oversized closets, and special touches like travertine flooring and a custom ensuite bath. Upstairs you'll find three oversized guest bedrooms nearly the size of master suites with views of the private lake, lawn and greenbelt and a full guest bath with glass bowl sinks and a beautiful tiled shower. Paradise awaits on your lakeside property with entertaining niches tucked under your tumbled paver patio, around your herb garden with drip system and throughout your lush private getaway. You will fall in love with this welcoming lake community filled with events, socializing, beach pool with lifeguard, fitness center, clubhouse & clubs for everyone including, tennis, bocce & pickleball. Every day will feel like a vacation and your lakeside estate will be the ticket - Don't miss your chance to live on South Shore.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,472
Year Built
- Built in 1972
Lot Details
- 7,118 Sq Ft Lot
- Waterfront
- Wrought Iron Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
HOA Fees
- $102 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Spanish Architecture
- Wood Frame Construction
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,284 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Tinted Windows
- Solar Screens
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
Outdoor Features
- Covered patio or porch
- Outdoor Storage
Location
- Property is near a bus stop
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
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 301-02-545
Community Details
Overview
- Association fees include ground maintenance
- Lakes Comm Assoc Association, Phone Number (480) 838-1023
- Lakes Subdivision
- Community Lake
Amenities
- Clubhouse
- Theater or Screening Room
- Recreation Room
Recreation
- Tennis Courts
- Racquetball
- Community Playground
- Fitness Center
- Heated Community Pool
- Community Spa
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2018
Closed on
Jun 22, 2018
Sold by
Carro Carro P and Carro Jacqueline
Bought by
Kedron Peter Joseph and Frazier Amy Elizabeth
Seller's Agent
Mindy Jones
Real Broker
Buyer's Agent
Katherine Walsh
Keller Williams Realty East Valley
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%
Total Days on Market
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,831
Avg. Annual Appreciation
7.57%
Original Mortgage
$360,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 1999
Sold by
Carro Jacqueline
Bought by
Carro P Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.63%
Purchase Details
Closed on
Oct 3, 1997
Sold by
Carro P Michael
Bought by
Carro P Michael and Carro Jacqueline
Purchase Details
Closed on
Sep 22, 1997
Sold by
White Madelene
Bought by
Carro P Michael
Similar Homes in Tempe, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $160,000 | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,000 | New Conventional | |
| Closed | $360,000 | New Conventional | |
| Previous Owner | $80,000 | Stand Alone Second | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $145,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2023 08/15/23 | Sold | $760,000 | -1.2% | $333 / Sq Ft |
| 07/04/2023 07/04/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | For Sale | $769,000 | +70.9% | $337 / Sq Ft |
| 06/29/2018 06/29/18 | Sold | $450,000 | 0.0% | $197 / Sq Ft |
| 06/02/2018 06/02/18 | Pending | -- | -- | -- |
| 06/01/2018 06/01/18 | Price Changed | $450,000 | -2.2% | $197 / Sq Ft |
| 05/02/2018 05/02/18 | Price Changed | $460,000 | -2.1% | $201 / Sq Ft |
| 04/09/2018 04/09/18 | For Sale | $470,000 | -- | $206 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,875 | $29,688 | -- | -- |
| 2024 | $2,840 | $28,274 | -- | -- |
| 2023 | $2,840 | $50,100 | $10,020 | $40,080 |
| 2022 | $2,712 | $37,210 | $7,440 | $29,770 |
| 2021 | $2,766 | $35,030 | $7,000 | $28,030 |
| 2020 | $2,674 | $33,680 | $6,730 | $26,950 |
| 2019 | $2,622 | $34,820 | $6,960 | $27,860 |
| 2018 | $2,552 | $33,170 | $6,630 | $26,540 |
| 2017 | $2,472 | $33,610 | $6,720 | $26,890 |
| 2016 | $2,460 | $33,650 | $6,730 | $26,920 |
| 2015 | $2,380 | $31,130 | $6,220 | $24,910 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Birk
Seller's Agent in 2023
Daniel Birk
Realty Executives
(602) 369-1145
60 in this area
102 Total Sales
-
Leah Rickel-Burr
Buyer's Agent in 2023
Leah Rickel-Burr
Realty One Group
(480) 241-6787
3 in this area
93 Total Sales
-
Mindy Jones
Seller's Agent in 2018
Mindy Jones
Real Broker
(480) 771-9458
302 Total Sales
-
Penney Mullins
Seller Co-Listing Agent in 2018
Penney Mullins
HomeSmart
(480) 907-4796
1 in this area
83 Total Sales
-
Katherine Walsh
Buyer's Agent in 2018
Katherine Walsh
Keller Williams Realty East Valley
(480) 468-7933
7 in this area
79 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5748830
APN: 301-02-545
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.
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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