NOT LISTED FOR SALE

5000 S Alder Dr Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $337,089 - $385,000

4 Beds
2.5 Baths
1,656 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $136,000 $82 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,990/month

Highlights

  • Community Pool
  • Tile Flooring
  • Property is near bus stop
  • Patio
  • 2 Detached Carport Spaces
  • Central Air

About This Home

As of July 2020

Location! Location! Prime Tempe location 4 bedroom 2.5 bath, close to ASU, shopping, and 60, 101 and 202 freeways. Across from community and clubhouse, private gated patio that leads to covered parking. Tile on first floor, kitchen has new appliances, freshly painted inside, new carpets, all appliance extra storage. Close to Chandler Mall and Tempe Marketplace. Must see today will not last!!!

Last Agent to Rent the Property

Parul Tailor

Realty ONE Group License #SA640475000 Listed on: 06/25/2020

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1971

Lot Details

  • 2,065 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Detached Carport Spaces
  • Side or Rear Entrance to Parking
  • Community Parking Structure

Schools

  • Arredondo Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Property Available on 7/1/20
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Tax Lot 366
  • Assessor Parcel Number 133-39-560

Community Details

Overview

  • Property has a Home Owners Association
  • Park Riviera South 4 Association, Phone Number (480) 844-2224
  • Park Riviera South 4 Townhouses Subdivision

Recreation

  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 1971

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water
  • Available Date: 2020-07-01

Listing Details

  • Cross Street: McClintock / Baseline
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Rental Info H O A Name: Park Riviera South 4
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: PARK RIVIERA SOUTH 4 TOWNHOUSES
  • Property Attached Yn: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm
  • Living Area: 1656.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Grass Front
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Detached Carport, Rear Vehicle Entry, Community Structure
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Detached Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Name: Park Riviera South 4
  • Phone: 480-844-2224
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Arredondo Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size Sq Ft: 2065.0
  • Parcel #: 133-39-560

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 133.00
  • Tax Lot: 366
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Aug 20, 2015
Sold by
Shah Nisith and Jariwala Arpita
Bought by
Mahant Llc
Seller's Agent
Parul Tailor
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$1,299
Current Estimated Value
$356,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,697
Avg. Annual Appreciation
9.67%
Original Mortgage
$102,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jul 6, 2015
Sold by
Jariwala Tejas A and Jariwala Arpita
Bought by
Jariwala Arpita
Seller's Agent
Parul Tailor
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$1,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jul 4, 2015
Sold by
Salvador Prewelyn and 5000 Adler Trust
Bought by
Lin Stephen and Lin Evelyn
Seller's Agent
Parul Tailor
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$1,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jul 3, 2015
Sold by
Lin Stephen and Lin Evelyn
Bought by
Shah Nisith and Jarlwala Arpita
Seller's Agent
Parul Tailor
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$1,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Lin Stephen and Lin Evelyn
Bought by
5000 Alder Trust and Salvador Prewelyn

Purchase Details

Closed on
Oct 19, 2004
Sold by
Lemajeur Paul and Lemajeur Dale N
Bought by
Lin Stephen and Lin Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2003
Sold by
Rdn Land Holdings Llc
Bought by
Lemajeur Paul and Lemajeur Dale N

Purchase Details

Closed on
Nov 19, 1999
Sold by
Bojorquez Maura
Bought by
Meadows Racing Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mahant Llc -- None Available
Jariwala Arpita -- Title365 Agency
Lin Stephen -- Title365 Agency
Shah Nisith $136,000 Title365 Agency
5000 Alder Trust -- --
Lin Stephen $138,000 Capital Title Agency Inc
Lemajeur Paul $111,000 Capital Title Agency Inc
Meadows Racing Llc $84,900 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Nisith $102,000
Previous Owner Lin Stephen $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Rented $1,499 0.0% --
06/25/2020 06/25/20 For Rent $1,499 +13.1% --
06/30/2016 06/30/16 Rented $1,325 0.0% --
06/16/2016 06/16/16 For Rent $1,325 +2.0% --
08/12/2015 08/12/15 Off Market $1,299 -- --
08/10/2015 08/10/15 Rented $1,299 0.0% --
07/24/2015 07/24/15 For Rent $1,299 0.0% --
07/08/2015 07/08/15 Sold $136,000 -6.2% $82 / Sq Ft View Prior Sale
06/26/2015 06/26/15 Price Changed $145,000 0.0% $88 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $145,000 -- $88 / 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 $1,500 $12,511 -- --
2024 $1,385 $11,915 -- --
2023 $1,385 $24,550 $4,910 $19,640
2022 $1,328 $19,330 $3,860 $15,470
2021 $1,337 $17,760 $3,550 $14,210
2020 $1,297 $16,430 $3,280 $13,150
2019 $1,272 $14,330 $2,860 $11,470
2018 $1,240 $13,330 $2,660 $10,670
2017 $1,204 $12,000 $2,400 $9,600
2016 $1,195 $11,100 $2,220 $8,880
2015 $1,148 $9,860 $1,970 $7,890
Source: Public Records

Agents Affiliated with this Home

  • Parul Tailor

    Landlord's Agent in 2020

    Parul Tailor

    Realty One Group

    (480) 540-7545

    32 Total Sales

    Parul Tailor
    Section Image

  • N

    Tenant's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

  • J

    Seller's Agent in 2015

    Jeanne Reagan

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6095006

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-39-560

Arizona Maricopa County Tempe 85282 The Lakes

5000 S Alder Dr, Tempe, AZ

Not Listed for Sale

Townhouses

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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