NOT LISTED FOR SALE

1520 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $500,218 - $577,000

3 Beds
2 Baths
1,620 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $240,000 $148 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,132/month

Highlights

  • Fitness Center
  • Community Lake
  • Granite Countertops
  • Rover Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • 5-minute walk to Gaicki Park

About This Home

As of August 2014

This light, bright and udpated home is nested in the desirable Tempe The Lakes community.Great features include granite kitchen countertops and island, updated doors and windows, large tile laid on the diagonal, remodeled bathrooms and raised ceilings. Master suite includes crown molding and master bath jetted tub. The Lakes Community amenities include lake access, fishing, boating, racquetball, tennis, volleyball, and basketball courts. Olympic, heated community pool and spa, fitness center, walking paths, party room and billiards. The Lakes also provides many activities for all ages. This home is conveniently located in a desirable Tempe location near the US 60, Loops 101 & 202, I-10 and great shopping and dining opportunities.

Last Agent to Sell the Property

Pamm Seago-Peterlin

Century 21 Seago License #SA021333000 Listed on: 07/08/2014

Century 21 Seago

Last Buyer's Agent

Pamm Seago-Peterlin

Century 21 Seago License #SA021333000 Listed on: 07/08/2014

Century 21 Seago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1972

Lot Details

  • 5,703 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Hydromassage or Jetted Bathtub

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Legal Lot and Block 43 / 4014
  • Assessor Parcel Number 301-02-579

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • The Lakes HOA, Phone Number (480) 838-1023
  • Built by Mission Viejo
  • The Lakes 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

$1,760

Year Built

Built in 1972

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: Rural Rd and Baseline Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: 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
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: E on Baseline Rd, S on Lakeshore Dr, E on South Shore Dr, N on Marine Dr, E on Driftwood Dr to home
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: The Lakes
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 290.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: 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 Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 1620.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: 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 Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes HOA
  • 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 HOA
  • 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_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks)

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: 5703.0
  • Parcel #: 301-02-579

Building Info

  • Builder Name: Mission Viejo

Tax Info

  • Tax Annual Amount: 1759.58
  • Tax Block: 4014
  • Tax Book Number: 301.00
  • Tax Lot: 43
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Jul 30, 2014
Sold by
Dukes Shari
Bought by
Brown Steven F and Brown Elizabeth Anne
Seller's Agent
Pamm Seago-Peterlin
Century 21 Seago
Buyer's Agent
Pamm Seago-Peterlin
Century 21 Seago
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$537,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,305
Avg. Annual Appreciation
7.51%
Original Mortgage
$192,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Dukes Randle E
Bought by
Dukes Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
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
Brown Steven F $240,000 Fidelity Natl Title Agency
Dukes Shari $220,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Steven F $180,000
Closed Brown Steven F $193,000
Closed Brown Steven F $192,000
Previous Owner Dukes Shari $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $240,000 0.0% $148 / Sq Ft
07/08/2014 07/08/14 For Sale $240,000 -- $148 / 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 $2,378 $24,552 -- --
2024 $2,349 $23,383 -- --
2023 $2,349 $37,960 $7,590 $30,370
2022 $2,243 $28,960 $5,790 $23,170
2021 $2,287 $27,060 $5,410 $21,650
2020 $2,211 $24,800 $4,960 $19,840
2019 $2,169 $22,850 $4,570 $18,280
2018 $2,110 $20,960 $4,190 $16,770
2017 $2,045 $19,660 $3,930 $15,730
2016 $2,035 $18,610 $3,720 $14,890
2015 $1,968 $17,070 $3,410 $13,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5141560

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-579