NOT LISTED FOR SALE

5115 S Clark Dr Tempe, AZ 85282

The Lakes Neighborhood

Estimated Value: $535,000 - $626,000

4 Beds
2 Baths
1,978 Sq Ft
$288/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2022

Last sale price $344,500 $174 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,208 / mo

34 Days on Market

Highlights

  • Private Pool
  • 0.31 Acre Lot
  • Patio
  • RV Gated
  • No HOA
  • Central Air

About This Home

As of December 2022

Temporarily unavailable for showings. Tempe just named second-best place to live in the U.S. What a great opportunity with this 4bd 2ba home in Popular Tempe for fixing up, and flip, or keep as your dream home. The roof, A/C, and water heater are 2018. Windows are newer dual pane, vinyl frame. Needs Rehab on the interior, landscaping, and pool, There is no HOA, and it sits on a huge lot of over 13,412 sq ft. in a Cul De Sac. What a great location for access to ASU, the Airport, downtown Phoenix, and Scottsdale. Hands down, best opportunity in Tempe.

Last Agent to Sell the Property

Mark Palacio

eXp Realty License #SA549384000 Listed on: 10/21/2022

Last Buyer's Agent

Michael Caldarelli

Jason Mitchell Real Estate License #SA661206000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1971

Lot Details

  • 13,412 Sq Ft Lot
  • Desert faces the front and back of the property

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Bustoz Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Continental
  • Continental East 5 Subdivision

Listing and Financial Details

  • Tax Lot 725
  • Assessor Parcel Number 133-35-183

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,987

Year Built

Built in 1971

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Cross Street: Baseline & McClintock
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: CONTINENTAL EAST 5
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 174.16
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1978.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Slump Block
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Composition
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13412.0
  • Parcel #: 133-35-183
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Continental

Tax Info

  • Tax Annual Amount: 1987.0
  • Tax Book Number: 133.00
  • Tax Lot: 725
  • Tax Map Number: 35.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 15, 2022
Sold by
Bought by
Seller's Agent
Mark Palacio
eXp Realty
Buyer's Agent
Michael Caldarelli
Jason Mitchell Real Estate
List Price
$389,900
Sold Price
$344,500
Premium/Discount to List
-$45,400
-11.64%
Views
29
Current Estimated Value
$568,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,311
Avg. Annual Appreciation
15.55%
Original Mortgage
$327,275
Outstanding Balance
$317,454
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$251,357

Purchase Details

Closed on
Nov 4, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.66%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$344,500 Magnus Title
-- Lsi Title Company
$110,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $327,275
Previous Owner $135,000
Previous Owner $104,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $344,500 -11.6% $174 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $389,900 -- $197 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,267 $21,749 -- --
2024 $2,080 $20,713 -- --
2023 $2,080 $41,700 $8,340 $33,360
2022 $1,987 $30,220 $6,040 $24,180
2021 $2,026 $28,120 $5,620 $22,500
2020 $1,959 $26,810 $5,360 $21,450
2019 $1,921 $24,700 $4,940 $19,760
2018 $1,869 $23,200 $4,640 $18,560
2017 $1,811 $21,620 $4,320 $17,300
2016 $1,802 $21,550 $4,310 $17,240
2015 $1,743 $18,610 $3,720 $14,890
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark Palacio

    eXp Realty

  • Michael Caldarelli

    Buyer's Agent in 2022

    Michael Caldarelli

    Jason Mitchell Real Estate

    (623) 693-9403

    1 in this area

    117 Total Sales

    Michael Caldarelli
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6475798

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-35-183

Arizona Maricopa County Tempe 85282 The Lakes

5115 S Clark Dr, Tempe, AZ

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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