$399,550
SOLD JUL 3, 2014
5 Beds
3.5 Baths
3,124 Sq Ft
7,900 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

8% Below List Price

49 Days 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

Enter a formal living/dining room with vaulted ceilings and a neutral color palette. A sense of light and space is continued in a huge open concept kitchen-family room. Enjoy the hickory floors. The stunning eat-in kitchen has a bay window, breakfast bar, rolling island upgraded cabinets, solid surface counters and 4 new stainless appliances. There's even a wine chiller! The master suite has double vanities and travertine around the jetted garden tub and the Roman shower. Walk-in closet is twice the size in most master bedrooms. The backyard has a sparkling pool, fire pit and a built-in BBQ. This home has everything including Anderson windows and rear awnings.

Last Agent to Sell the Property

Michelle Block

Real Broker License #SA585903000 Listed on: 05/06/2014

Real Broker

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1992

Lot Details

  • 7,900 Sq Ft Lot
  • Cul-De-Sac
  • 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

  • $28 Monthly HOA Fees

Parking

  • 3 Car 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
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 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
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • 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
  • Lakewood Association, Phone Number (602) 957-9191
  • Built by TW Lewis
  • Wilton Commons Subdivision
  • Community Lake

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 1992

Lot Details

0

HOA Fees

$28 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: 28.33
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2013
  • Directions: Go south on 40th street to E. Briarwood Terrace. Turn left/west to S. Lakewood. Turn left/south on Lakewood. At 37th Pl, turn left/se again. 37th ends at Windsong. Turn left to 38th St.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Wilton Commons
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 170.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Other, See Remarks, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Drink Wtr Filter Sys, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 3124.0
  • Stories: 2
  • Window Features: Sunscreen(s), Tinted Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, 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, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Other7: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground
  • Amenities: Management
  • Association Fee: 170.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Lakewood
  • 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: Lakewood
  • 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
  • High School: Desert Vista High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Desert Vista Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7900.0
  • Parcel #: 301-79-704
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TW Lewis

Tax Info

  • Tax Annual Amount: 2614.0
  • 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 Type Sale Price Title Company
Warranty Deed $450,000 First American Title Insuran
Warranty Deed $403,800 First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Warranty Deed $399,550 First American Title Ins Co
Warranty Deed -- None Available
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 Adjustable Rate Mortgage/ARM
Previous Owner $282,600 New Conventional
Previous Owner $192,550 Purchase Money Mortgage
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: 5111614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-79-704