RENTED JUN 1, 2025

Estimated Value: $517,298 - $585,000

3 Beds
2 Baths
2,020 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $174,500 $86 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,136/month

Highlights

  • 1 Fireplace
  • Double Vanity
  • Bike Trail
  • Kyrene de los Lagos School Rated A
  • Central Air
  • Carpet

About This Home

As of June 2025

Charming 3 beds, 2 bath home plus den room in popular Lakewood. Grand entryway with double doors and the interior features sunken living room, dining area, fireplace in cozy family room connecting to the kitchen and a separate den room with double doors. The home is spacious and has a very well laid layout. The master bath opens up to the backyard and features a bathtub, separate shower, and double sinks. Large backyard with plenty of space for gardening and entertaining needs.

Last Agent to Rent the Property

Hemameena Muralidaran

Investar Real Estate Specialists License #SA652391000 Listed on: 01/03/2025

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 7,876 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Carpet
  • Built-In Microwave
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Double Vanity

Schools

  • Kyrene Del Milenio Elementary School
  • Kyrene Akimel A Middle School
  • Desert Vista High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 1/3/25
  • $50 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 21
  • Assessor Parcel Number 306-02-548

Community Details

Overview

  • Property has a Home Owners Association
  • Lakewood Association, Phone Number (480) 551-4300
  • Lakepoint 8 At Lakewood Lt 1 44 Tr A D H K Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2025-01-03

Listing Details

  • Cross Street: 202 and 40th St
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Rental Info H O A Name: Lakewood
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: LAKEPOINT 8 AT LAKEWOOD LT 1-44 TR A-D H-K
  • Property Attached Yn: No
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 2020.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Name: Lakewood
  • Phone: 480-551-4300
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Kyrene del Milenio
  • 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

  • Lot Size Sq Ft: 7876.0
  • Parcel #: 306-02-548

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 306.00
  • Tax Lot: 21
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2016
Sold by
Patel Chandubhai C and Patel Vasumati C
Bought by
Patel Living Trust
Current Estimated Value
$552,325

Purchase Details

Listed on
Sep 14, 2011
Closed on
Feb 25, 2012
Sold by
Patel Vasumati C
Bought by
Patel Chandubhai C
Seller's Agent
Zack Alawi
Sloan Realty Associates
Buyer's Agent
Dan Garcia
Keller Williams Realty Sonoran Living
List Price
$174,500
Sold Price
$174,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$134,500
Outstanding Balance
$86,712
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$465,613

Purchase Details

Listed on
Sep 14, 2011
Closed on
Feb 23, 2012
Sold by
Patel Chandubhai C
Bought by
Patel Chandubhai C and Patel Vasumati C
Seller's Agent
Zack Alawi
Sloan Realty Associates
Buyer's Agent
Dan Garcia
Keller Williams Realty Sonoran Living
List Price
$174,500
Sold Price
$174,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Outstanding Balance
$86,712
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$465,613

Purchase Details

Closed on
Jul 20, 2005
Sold by
Farah Laura Farah
Bought by
Nemr William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
Patel Living Trust -- None Available
Patel Chandubhai C -- Title Management Agency Of A
Patel Chandubhai C -- Title Management Agency Of A
Patel Chandubhai C $174,500 Title Management Agency Of A
Nemr William C -- Arizona Title Agency Inc
Nemr William C $353,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Chandubhai C $134,500
Closed Patel Chandubhai C $134,500
Previous Owner Nemr William C $282,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2025 06/01/25 Rented $2,195 0.0% --
05/18/2025 05/18/25 Under Contract -- -- --
05/07/2025 05/07/25 Price Changed $2,195 -4.4% $1 / Sq Ft
04/29/2025 04/29/25 Price Changed $2,295 -2.3% $1 / Sq Ft
03/31/2025 03/31/25 Price Changed $2,350 0.0% $1 / Sq Ft
03/31/2025 03/31/25 For Rent $2,350 -7.8% --
01/18/2025 01/18/25 Off Market $2,550 -- --
01/03/2025 01/03/25 For Rent $2,550 0.0% --
02/24/2012 02/24/12 Sold $174,500 0.0% $86 / Sq Ft View Prior Sale
11/17/2011 11/17/11 Pending -- -- --
09/14/2011 09/14/11 For Sale $174,500 -- $86 / 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 $3,218 $30,572 -- --
2024 $2,608 $29,117 -- --
2023 $2,608 $38,650 $7,730 $30,920
2022 $2,484 $29,870 $5,970 $23,900
2021 $2,591 $28,500 $5,700 $22,800
2020 $2,526 $26,380 $5,270 $21,110
2019 $2,446 $25,610 $5,120 $20,490
2018 $2,363 $24,500 $4,900 $19,600
2017 $2,255 $23,950 $4,790 $19,160
2016 $2,285 $23,810 $4,760 $19,050
2015 $2,046 $22,110 $4,420 $17,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6800090

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-02-548