NOT LISTED FOR SALE

1613 E Edgewater Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $531,091 - $618,000

3 Beds
2 Baths
1,940 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $440,000 $227 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,328/month

23 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Private Yard
  • Rover Elementary School Rated A-
  • Granite Countertops
  • Heated Community Pool

About This Home

As of May 2021

Welcome home to this spacious 3 bedroom 2 bath home in the wonderful Lakes community. It's a short walk to the lake of less than a block. The kitchen has white cabinetry, granite counter tops and a closet pantry. The open floor plan has a large family room, dining room and living room plus a large bonus room (enclosed patio) that leads to the backyard. Recent improvements include new paint, new carpet and new stainless appliances. The roof is also newer. The exterior features mature landscaping, storage shed and 2 car garage. Enjoy the community center with large swimming pool, hot tub, spa, tennis courts, basketball, racquetball, fitness center, kids playground with kiddie pool, etc. Buyer to verify all info.

Last Agent to Sell the Property

Frank Bennett Jr

Frank Bennett Realty License #BR033741000 Listed on: 04/02/2021

Last Buyer's Agent

Frank Bennett Jr

Frank Bennett Realty License #BR033741000 Listed on: 04/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1978

Lot Details

  • 6,299 Sq Ft Lot
  • Wood Fence
  • Private Yard

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

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

  • Tax Lot 139
  • Assessor Parcel Number 301-02-837

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Association, Phone Number (480) 838-1023
  • 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

$2,709

Year Built

Built in 1978

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Cross Street: McClintock and Baseline
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 106.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2020
  • Directions: South to Southshore, west to Eastshore (an immediate right), north to Edgewater and west to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LAKES
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 320.0
  • 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
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, 3/4 Bath Master Bdrm
  • Living Area: 1940.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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:Family 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: Wood
  • Exterior Features: Private Yard
  • Lot Features: Gravel/Stone Front, Gravel/Stone 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
  • 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)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • 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: 320.0
  • 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:HOA Telephone4: 480-838-1023
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 6299.0
  • Parcel #: 301-02-837

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2709.0
  • Tax Book Number: 301.00
  • Tax Lot: 139
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Larson Nicole S
Bought by
Nicole Larson Revocable Living Trust
Current Estimated Value
$575,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$437,038
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$138,485

Purchase Details

Closed on
Oct 14, 2021
Sold by
Larson Nicole
Bought by
Nicole Larson Revocable Living Trust and Larson

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 14, 2021
Sold by
Antebi Michael
Bought by
Larson Nicole
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Frank Bennett Jr
Frank Bennett Realty
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$418,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Arwood Richard W and Arwood Gean Marie
Bought by
Antebi Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,900
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
Wu Scott Peng
Bought by
Arwood Richard W and Arwood Gean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1998
Sold by
Real Sr James T
Bought by
Wu Scott Peng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,720
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Nicole Larson Revocable Living Trust -- Netco Title
Larson Nicole S -- Netco Title
Nicole Larson Revocable Living Trust -- None Listed On Document
Larson Nicole -- Empire West Title Agency Llc
Antebi Michael $326,900 First American Title Ins Co
Arwood Richard W $178,500 Arizona Title Agency Inc
Wu Scott Peng $140,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Nicole S $460,000
Closed Nicole Larson Revocable Living Trust $460,000
Previous Owner Larson Nicole $418,000
Previous Owner Antebi Michael $116,497
Previous Owner Antebi Michael $226,900
Previous Owner Arwood Richard W $60,000
Previous Owner Arwood Richard W $149,600
Previous Owner Wu Scott Peng $129,500
Previous Owner Wu Scott Peng $112,720
Closed Arwood Richard W $28,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $440,000 -1.1% $227 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $445,000 -3.3% $229 / Sq Ft
04/02/2021 04/02/21 For Sale $460,000 0.0% $237 / Sq Ft
08/15/2013 08/15/13 Rented $1,525 -1.6% --
07/30/2013 07/30/13 Under Contract -- -- --
07/16/2013 07/16/13 For Rent $1,550 -- --
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 $2,183 $26,134 -- --
2024 $2,500 $24,889 -- --
2023 $2,500 $38,560 $7,710 $30,850
2022 $2,387 $28,650 $5,730 $22,920
2021 $2,434 $26,880 $5,370 $21,510
2020 $2,709 $24,860 $4,970 $19,890
2019 $2,657 $23,180 $4,630 $18,550
2018 $2,591 $20,750 $4,150 $16,600
2017 $2,514 $19,610 $3,920 $15,690
2016 $2,496 $19,080 $3,810 $15,270
2015 $2,398 $17,330 $3,460 $13,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6216342

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-837