NOT LISTED FOR SALE

Estimated Value: $664,000 - $753,000

5 Beds
3.5 Baths
3,124 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $450,000 $144 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,036/month

1 Day on Market

Highlights

  • Play Pool
  • Community Lake
  • Vaulted Ceiling
  • Kyrene de los Lagos School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2018

This is the Lakewood home you've been waiting for! Vaulted ceilings greet you as you enter the formal living/dining room with great space to entertain. The large open concept kitchen-family room at the rear of the house boasts hickory floors and tile. The beautiful eat-in kitchen has a bay window, breakfast bar, island, upgraded cabinets, solid surface counters and stainless appliances, including a wine chiller! The downstairs master suite has double vanities and travertine around the jetted garden tub and the Roman shower, as well as a huge walk-in closet. Upstairs, you will find a second master bedroom and 3 additional bedrooms! The backyard has a sparkling pool with heater, fire pit and a built-in BBQ. This home has everything including Anderson windows and rear awnings. Don't miss it!

Last Agent to Sell the Property

Lori Cowin

Realty Executives License #SA666081000 Listed on: 04/12/2018

Co-Listed By

Pam Peterson

Locality Real Estate License #BR666252000

Last Buyer's Agent

Mary Jo Santistevan

SERHANT. License #SA581367000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1992

Lot Details

  • 7,900 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,124 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Location

  • Property is near a bus stop

Schools

  • Kyrene De Los Lagos Elementary School
  • Kyrene Akimel A Middle School
  • Desert Vista High School

Utilities

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

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 301-79-704

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 674-4355
  • Built by TW Lewis
  • Wilton Commons Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1992

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Cross Street: E. Chandler Blvd and S. 40th Street
  • Legal Info Range: 3E
  • 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: 33.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2014
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2017
  • Directions: South on 40th street to E. Briarwood Terrace. Turn left/west to S. Lakewood Pkwy. Turn left/south on Lakewood Pkwy Turn left at 37th Pl, turn left/SE again. 37th ends at Windsong.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: reax26
  • Co List Office Phone: 480-963-6000
  • Subdivision Name: Wilton Commons
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 200.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3124.0
  • Stories: 2
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Tinted Windows, Vinyl Frame
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Street(s), Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, 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:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 200.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Lakewood
  • Phone: 602-674-4355
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Lakewood
  • Association Fees:HOA Telephone4: 602-674-4355
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Kyrene de los Lagos School
  • High School: Desert Vista High 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: 7900.0
  • Parcel #: 301-79-704

Building Info

  • Builder Name: TW Lewis

Tax Info

  • Tax Annual Amount: 3898.0
  • Tax Book Number: 301.00
  • Tax Lot: 118
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Apr 16, 2018
Sold by
Watters Michael and Watters Terri
Bought by
Ramani Shankar and Ramani Anita
Seller's Agent
Lori Cowin
Realty Executives
Buyer's Agent
Mary Jo Santistevan
SERHANT.
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$706,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,670
Avg. Annual Appreciation
6.51%
Original Mortgage
$360,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2015
Sold by
Warshawer Bob and Warshawer Kim
Bought by
Watters Michael and Watters Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2014
Closed on
Jul 1, 2014
Sold by
Cerminara Mark D and Cerminara Lorrie L
Bought by
Warshawer Bob and Warshawer Kim
Seller's Agent
Michelle Block
Real Broker
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$435,000
Sold Price
$399,550
Premium/Discount to List
-$35,450
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Nov 8, 2006
Sold by
Cerminara Mark D and Cerminara Lorrie L
Bought by
Cerminara Mark D and Cerminara Lorrie L

Purchase Details

Closed on
Jun 27, 1991
Sold by
Piel David O and Piel Laura S
Bought by
Cerminara Mark D and Cerminara Lorrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,550
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
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
Ramani Shankar $450,000 First American Title Insuran
Watters Michael $403,800 First American Title Ins Co
Warshawer Bob -- First American Title Ins Co
Warshawer Bob $399,550 First American Title Ins Co
Cerminara Mark D -- None Available
Cerminara Mark D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramani Shankar $360,000
Previous Owner Watters Michael $282,600
Previous Owner Cerminara Mark D $192,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $450,000 0.0% $144 / Sq Ft
04/12/2018 04/12/18 For Sale $450,000 +12.6% $144 / Sq Ft
07/03/2014 07/03/14 Sold $399,550 -3.7% $128 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
06/15/2014 06/15/14 Price Changed $415,000 -2.4% $133 / Sq Ft
05/14/2014 05/14/14 Price Changed $425,000 -2.3% $136 / Sq Ft
05/06/2014 05/06/14 For Sale $435,000 -- $139 / 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 $3,088 $44,965 -- --
2024 $3,911 $42,824 -- --
2023 $3,911 $50,980 $10,190 $40,790
2022 $3,719 $39,310 $7,860 $31,450
2021 $3,829 $37,710 $7,540 $30,170
2020 $3,727 $36,910 $7,380 $29,530
2019 $3,598 $35,100 $7,020 $28,080
2018 $3,475 $34,010 $6,800 $27,210
2017 $3,898 $34,000 $6,800 $27,200
2016 $3,930 $34,510 $6,900 $27,610
2015 $3,528 $32,250 $6,450 $25,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5750369

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-79-704