NOT LISTED FOR SALE

1532 E Driftwood Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $522,000 - $564,000

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

Last Sold May 30, 2019

Last sale price $318,000 $196 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,138/month

63 Days on Market

Highlights

  • Concierge
  • Private Pool
  • Wood Flooring
  • Fitness Center
  • Community Lake
  • 4-minute walk to Gaicki Park

About This Home

As of May 2019

Pride of ownership in this beautiful and bright single-level home in the highly sought-after Lakes Community. Well maintained three-bed/two bath home with large open living space. Spacious kitchen is complete with granite countertops and stainless-steel appliances with large dining room. Family room has a cozy fireplace and beautiful wood floors and tile throughout. Exterior is freshly painted. Refreshing pool and low maintenance landscaping with citrus trees. Don't miss out on this beautiful home in an outstanding community conveniently located to shopping, restaurants, Downtown Tempe and more.

Last Agent to Sell the Property

Melanie Schreck

My Home Group Real Estate License #SA658539000 Listed on: 02/27/2019

My Home Group Real Estate

Last Buyer's Agent

Lexi Duerst

Compass License #SA652984000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1972

Lot Details

  • 5,349 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 301-02-577

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Community Asso Association, Phone Number (480) 838-3274
  • The Lakes Subdivision
  • Community Lake

Amenities

  • Concierge
  • 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

$2,257

Year Built

Built in 1972

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: Baseline / McClintock
  • 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: 103.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: The Lakes
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 196.29
  • Association Fees:HOA Fee2: 310.0
  • 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
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1620.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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: Racquetball, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 310.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community Asso
  • Phone: 480-838-3274
  • 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: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: Phoenix Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5349.0
  • Parcel #: 301-02-577

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2257.0
  • Tax Book Number: 301.00
  • Tax Lot: 41
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 17, 2019
Sold by
Clarkson Darren E
Bought by
Bulson John Andrew and Bulson Sara
Seller's Agent
Melanie Schreck
My Home Group Real Estate
Buyer's Agent
Lexi Duerst
Compass
List Price
$328,000
Sold Price
$318,000
Premium/Discount to List
-$10,000
-3.05%
Current Estimated Value
$537,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,444
Avg. Annual Appreciation
8.28%
Original Mortgage
$302,100
Outstanding Balance
$265,068
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$272,376

Purchase Details

Closed on
Aug 26, 2005
Sold by
Marceli Renee
Bought by
Clarkson Darren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2005
Sold by
Stressman Joshua D
Bought by
Marcell Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
Marcell Michael D
Bought by
Marcell Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Carver John C
Bought by
Stressman Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
Carver John Carson
Bought by
Carver John C

Purchase Details

Closed on
Feb 6, 1996
Sold by
Stingle Darrel L
Bought by
Carver John Carson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Bulson John Andrew $318,000 Chicago Title Agency Inc
Clarkson Darren E $305,000 First American Title Ins Co
Marcell Renee $260,000 Tsa Title Agency
Marcell Renee -- Tsa Title Agency
Stressman Joshua D $225,000 Security Title Agency
Carver John C -- --
Carver John Carson $115,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulson John Andrew $302,100
Previous Owner Clarkson Darren E $289,750
Previous Owner Marcell Renee $247,000
Previous Owner Stressman Joshua D $180,000
Previous Owner Carver John Carson $92,000
Closed Stressman Joshua D $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $318,000 -0.6% $196 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $320,000 -0.9% $198 / Sq Ft
03/20/2019 03/20/19 Price Changed $323,000 -1.5% $199 / Sq Ft
02/27/2019 02/27/19 For Sale $328,000 -- $202 / 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 $2,738 $26,264 -- --
2024 $2,512 $25,013 -- --
2023 $2,512 $38,860 $7,770 $31,090
2022 $2,399 $29,730 $5,940 $23,790
2021 $2,446 $27,580 $5,510 $22,070
2020 $2,365 $25,350 $5,070 $20,280
2019 $2,320 $24,070 $4,810 $19,260
2018 $2,257 $21,650 $4,330 $17,320
2017 $2,187 $20,380 $4,070 $16,310
2016 $2,177 $19,310 $3,860 $15,450
2015 $2,105 $17,610 $3,520 $14,090
Source: Public Records

Agents Affiliated with this Home

  • Melanie Schreck

    Seller's Agent in 2019

    Melanie Schreck

    My Home Group

    (480) 200-3201

    46 Total Sales

    Melanie Schreck
    Section Image
  • Lexi Duerst

    Buyer's Agent in 2019

    Lexi Duerst

    Compass

    (480) 455-8466

    69 Total Sales

    Lexi Duerst
    Section Image
  • Briette Hannappel

    Buyer Co-Listing Agent in 2019

    Briette Hannappel

    Compass

    (602) 881-6922

    65 Total Sales

    Briette Hannappel
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5888564

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-577

Arizona Maricopa County Tempe 85283 The Lakes

1532 E Driftwood Dr, Tempe, AZ

Not Listed for Sale

Detached

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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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