NOT LISTED FOR SALE

1620 E Edgewater Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $611,000 - $646,000

4 Beds
2.5 Baths
2,082 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $325,000 $156 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,931/month

350 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Community Lake
  • Rover Elementary School Rated A-
  • Two Primary Bathrooms
  • 5-minute walk to Gaicki Park

About This Home

As of August 2019

Back on the market! Newly renovated bathrooms! Spectacular 4 bedroom 2.5 bath home in the highly desired Lakes Community.This home leaves nothing to be desired with its wood burning fireplace, beautiful kitchen and sparkling private pool. The beautiful Lakes community includes a beach and tennis club with Jr size olympic pool, tennis courts, kids pool, 2 racquetball courts, basketball courts and many community events throughout the year.

Last Listed By

Evan Spiegel

Desert Valley Real Estate License #BR640127000 Listed on: 07/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1977

Lot Details

  • 6,299 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,082 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 301-02-831

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • The Lakes Association, Phone Number (480) 838-1023
  • Lakes Tract C3 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,956

Year Built

Built in 1977

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: McClintock & Baseline Di
  • 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
  • Items Updated Floor Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1977
  • Tax Year: 2017
  • Directions: S on McClintock. Right on Southshore Dr. Right on Eastshore. Left on Edgewater. Home on the right
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LAKES TRACT C3
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 310.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 2082.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: 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:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Grass Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Association Fee: 310.0
  • 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
  • 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: 6299.0
  • Parcel #: 301-02-831
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2956.0
  • Tax Book Number: 301.00
  • Tax Lot: 133
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Arnold Shannon and Arnold Carri
Bought by
Arnold Family Trust
Total Days on Market
350
Current Estimated Value
$632,630

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 5, 2019
Sold by
Sormark Julie and Sormark Jeanette
Bought by
Arnold Shannon and Arnold Carri
Seller's Agent
Evan Spiegel
Desert Valley Real Estate
Buyer's Agent
Wesley Ballew
Brokers Hub Realty, LLC
List Price
$343,000
Sold Price
$325,000
Premium/Discount to List
-$18,000
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$256,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2012
Sold by
Sormark Ulf Erik Reine
Bought by
Sormark Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2006
Sold by
Sormark Julie
Bought by
Sormark Julie and Sormark Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2006
Sold by
Millstein Steve and Millstein Harriet
Bought by
Sormark Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 5, 2003
Sold by
Millstein Steve
Bought by
Millstein Steve and Millstein Harriet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 1997
Sold by
Torrance Russell H and Saka Torrance Julie M
Bought by
Millstein Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
8.13%
Mortgage Type
New Conventional

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
Arnold Family Trust -- --
Arnold Shannon $325,000 Fidelity Natl Ttl Agcy Inc
Sormark Julie -- None Available
Sormark Julie -- Equity Title Agency Inc
Sormark Julie $345,000 Equity Title Agency Inc
Millstein Steve -- Old Republic Title Agency
Millstein Steve $146,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Shannon $256,000
Previous Owner Sormark Julie $181,500
Previous Owner Sormark Julie $195,000
Previous Owner Millstein Steve R $27,000
Previous Owner Millstein Steve $112,500
Previous Owner Millstein Steve $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $325,000 -5.2% $156 / Sq Ft
04/28/2019 04/28/19 For Sale $343,000 0.0% $165 / Sq Ft
04/28/2019 04/28/19 Price Changed $343,000 +5.5% $165 / Sq Ft
03/20/2019 03/20/19 Off Market $325,000 -- --
01/26/2019 01/26/19 Price Changed $325,000 -2.4% $156 / Sq Ft
11/10/2018 11/10/18 Price Changed $333,000 -2.9% $160 / Sq Ft
08/22/2018 08/22/18 Price Changed $343,000 -0.6% $165 / Sq Ft
07/20/2018 07/20/18 For Sale $345,000 0.0% $166 / Sq Ft
06/15/2016 06/15/16 Rented $1,800 0.0% --
05/19/2016 05/19/16 Under Contract -- -- --
03/14/2016 03/14/16 For Rent $1,800 +2.9% --
03/01/2015 03/01/15 Rented $1,750 0.0% --
02/06/2015 02/06/15 Under Contract -- -- --
01/12/2015 01/12/15 For Rent $1,750 -- --
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 $3,441 $30,723 -- --
2024 $3,400 $29,260 -- --
2023 $3,400 $44,010 $8,800 $35,210
2022 $3,261 $32,620 $6,520 $26,100
2021 $3,284 $30,730 $6,140 $24,590
2020 $3,184 $28,760 $5,750 $23,010
2019 $3,124 $27,550 $5,510 $22,040
2018 $3,046 $24,760 $4,950 $19,810
2017 $2,956 $23,520 $4,700 $18,820
2016 $2,935 $23,270 $4,650 $18,620
2015 $2,819 $21,130 $4,220 $16,910
Source: Public Records

Agents Affiliated with this Home

  • Evan Spiegel

    Seller's Agent in 2019

    Evan Spiegel

    Desert Valley Real Estate

    (602) 741-6663

    15 Total Sales

    Evan Spiegel
    Section Image

  • W

    Buyer's Agent in 2019

    Wesley Ballew

    Brokers Hub Realty, LLC

    (480) 768-9333

    1 in this area

    83 Total Sales

    Wesley Ballew
    Section Image
  • Bijan Dastmalchian

    Buyer's Agent in 2016

    Bijan Dastmalchian

    Venture REI, LLC

    (480) 269-8499

    2 Total Sales

    Bijan Dastmalchian
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5796140

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-831

Arizona Maricopa County Tempe 85283 The Lakes

1620 E Edgewater Dr, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 1620 E Edgewater Dr, Tempe, AZ 85283 since 20 July 2018 and is currently estimated at $632,630, approximately $303 per square foot. This property was built in 1977. 1620 E Edgewater Dr is a home located in Maricopa County with nearby schools including Rover Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

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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