NOT LISTED FOR SALE

Estimated Value: $1,029,000 - $1,103,536

5 Beds
3 Baths
2,824 Sq Ft
$376/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,125,000 $398 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,381/month

6 Days on Market

Highlights

  • Heated Spa
  • Waterfront
  • Community Lake
  • Kyrene de los Lagos School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of February 2022

Spectacular home on the lake! This 5-bedroom 3-bathroom 3-car garage home sits on quiet cul-de-sac. Large lot has extensive lake frontage. This home has been meticulously maintained and tastefully updated. Kitchen features stainless-steel appliances, granite countertops, & raised panel cabinetry. Family room opens to a resort-like backyard: covered patio, heated pool & spa, orange & grapefruit trees. Dock to moor a boat & kayaks allows for intense enjoyment of the lake. Downstairs bedroom has independent access to back yard. Elegant and spacious master suite opens to a balcony that features breathtaking views of the sunset, lake, and mountains. Master bathroom has large walk-in closet and dual vanities with vessel sinks. Custom light fixtures. The 3 additional bedrooms are large and bright One of the bedrooms has wide French doors and can be used as home office/study/library (has a closet too). Custom faucets. New dishwasher and electric water heater, like new refrigerator and variable speed pool filter pump. Roof replaced in 2013. Video surveillance system. Pontoon can be purchased in a separate bill of sale. This home is positioned in one of the best lots in Lakewood, where the lake is at its widest with magnificent views of sunsets, green belt, and mountains on the horizon.

Last Agent to Sell the Property

Orfe Kelly

HomeSmart License #SA580075000 Listed on: 02/03/2022

HomeSmart

Last Buyer's Agent

Barbara Smith

Russ Lyon Sotheby's International Realty License #BR535501000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1988

Lot Details

  • 8,734 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Desert faces the back of the property
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Mountain Views
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Kyrene De Los Lagos Elementary School
  • Kyrene Akimel A Middle School

Utilities

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

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number 306-02-436

Community Details

Overview

  • Association fees include ground maintenance
  • Aam, Llc Association, Phone Number (602) 957-9191
  • Built by Hamilton Homes
  • Lakewood Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,056

Year Built

Built in 1988

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Cross Street: Chandler Blvd & 40th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 33.33
  • Basement: N
  • Items Updated Roof Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: From Chandler Blvd, South on 38th St, turn left on Lakewoood Pkwy, right on Wildwood, right to home on cul-de-sac.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Lakewood
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 200.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2824.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Cul-De-Sac, Grass Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 200.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: AAM, LLC
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: AAM, LLC
  • Association Fees:HOA Telephone4: 602-957-9191
  • 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: Kyrene de los Lagos School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Akimel A-Al Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8734.0
  • Parcel #: 306-02-436
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Hamilton Homes

Tax Info

  • Tax Annual Amount: 5056.0
  • Tax Book Number: 306.00
  • Tax Lot: 200
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 15, 2022
Sold by
Posada Rafael I and Posada Katherine
Bought by
Nancy M Johnson Trust
Seller's Agent
Orfe Kelly
HomeSmart
Buyer's Agent
Barbara Smith
Russ Lyon Sotheby's International Realty
List Price
$995,000
Sold Price
$1,125,000
Premium/Discount to List
$130,000
13.07%
Current Estimated Value
$1,060,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,366
Avg. Annual Appreciation
-1.61%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Mar 16, 2015
Sold by
Gray Richard F and Gray Angela M
Bought by
Posada Rafael I and Thorsberg Katherine
Seller's Agent
Amanda Spitler
eXp Realty
Buyer's Agent
Evan Anderson
Realty Executives
List Price
$624,900
Sold Price
$575,000
Premium/Discount to List
-$49,900
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$400,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Gray Richard F and Gray Angela M
Bought by
Gray Richard F and Gray Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,450
Interest Rate
6.39%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Gray Richard F and Gray Angela M
Bought by
Gray Richard F and Gray Angela M
Source: Public Records

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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
Nancy M Johnson Trust $1,125,000 New Title Company Name
Posada Rafael I $575,000 Lawyers Title
Gray Richard F -- Fidelity National Title
Gray Richard F -- Fidelity National Title
Gray Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posada Rafael I $400,000
Previous Owner Gray Richard F $50,000
Previous Owner Gray Richard F $169,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,125,000 +13.1% $398 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $995,000 +73.0% $352 / Sq Ft
04/17/2015 04/17/15 Sold $575,000 -4.0% $200 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/12/2015 02/12/15 Price Changed $599,000 -2.6% $209 / Sq Ft
12/05/2014 12/05/14 Price Changed $614,900 -1.6% $214 / Sq Ft
09/24/2014 09/24/14 For Sale $624,900 -- $218 / 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 $5,277 $57,420 -- --
2024 $5,161 $54,685 -- --
2023 $5,161 $66,350 $13,270 $53,080
2022 $4,915 $50,620 $10,120 $40,500
2021 $5,056 $49,410 $9,880 $39,530
2020 $4,925 $47,170 $9,430 $37,740
2019 $4,761 $46,150 $9,230 $36,920
2018 $4,595 $46,920 $9,380 $37,540
2017 $4,377 $44,910 $8,980 $35,930
2016 $4,418 $43,760 $8,750 $35,010
2015 $3,905 $43,510 $8,700 $34,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6349736

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-02-436