NOT LISTED FOR SALE

5401 S Lighthouse Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $1,404,000 - $1,655,207

5 Beds
4 Baths
5,078 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $780,000 $154 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,900/month

437 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • 0.22 Acre Lot
  • Rover Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of December 2017

This is it! Absolutely stunning $100K plus remodel in the highly sought after Lakes community of Tempe. Phenomenal floor plan features 5 bedrooms, huge great room, living room, formal dining room, wet bar, loft and basement. Custom finishes include elegant marble tile flooring, stylish new wood plank tile, new upgraded carpet, designer paint inside and out, ledger stone, brand new low E glass sliding door and luxurious new lighting inside and out! Gourmet kitchen showcases high grade granite counter-tops, re-finished cabinetry, coffered ceiling, brand new stainless steel appliances and breakfast room w/gorgeous lake views. Striking master bedroom suite will leave you breathless as it features a grand fireplace wrapped with ledger stone, brand new French doors to balcony, huge walk-in closet and a private, completely redone palatial master bath with new cabinets, new freestanding tub, new marble shower, new bidet and much, much more! Amazing backyard features gorgeous blue pool overlooking lake, multiple deck seating areas and private boat dock access. These don't come along often! #Waterfront

Last Agent to Sell the Property

Brian Bair

OfferPad Brokerage, LLC License #SA569401000 Listed on: 07/22/2016

Last Buyer's Agent

Jason Zhang

Gold Trust Realty License #BR107120000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,911

Year Built

  • Built in 1984

Lot Details

  • 9,640 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Partially Fenced Property
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,078 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Balcony

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Rover Elementary School
  • FEES College Preparatory Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 301-02-189

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • The Lakes Community Association, Phone Number (480) 838-1023
  • The Lakes Subdivision, Custom Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,911

Year Built

Built in 1984

Lot Details

0

HOA Fees

$97 per month

Parking

3

Listing Details

  • Cross Street: Rural/ Baseline
  • 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: 96.67
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2015
  • Directions: East on Baseline Rd. South on Lakeshore Dr. West on Sandpiper Dr. North on Lighthouse Lane.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: The Lakes
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 5078.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Partial, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Grass Front
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Lakes
  • Association Fees:HOA Telephone4: 480.838.1023
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: The Lakes Community
  • Association Fees:HOA Management Phone: 480.838.1023
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Rover Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9640.0
  • Parcel #: 301-02-189
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 10911.0
  • Tax Book Number: 301.00
  • Tax Lot: 38
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Nov 9, 2017
Sold by
Wang Haibo and Jia Yonghong
Bought by
Jia Yonghong
Seller's Agent
Brian Bair
OfferPad Brokerage, LLC
Buyer's Agent
Jason Zhang
Gold Trust Realty
List Price
$849,900
Sold Price
$780,000
Premium/Discount to List
-$69,900
-8.22%
Total Days on Market
437
Current Estimated Value
$1,627,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,049
Avg. Annual Appreciation
9.12%
Original Mortgage
$424,100
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2010
Sold by
Dungarani Amit Madhabhai
Bought by
Dungarani Amit Madhabhai and Madhabhai Jethabhai Dungarani A Trust

Purchase Details

Closed on
Aug 14, 2009
Sold by
Dungarani Madhabhai J and Dungarani Bhanu M
Bought by
Dungarani Madhabhai J and Madhabhai Jethabnai Dungarani Trust
Source: Public Records

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Range of Values:

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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
Jia Yonghong -- Prestige Title & Escrow Agen
Jia Yonghong $780,000 Prestige Title & Escrow Agen
Dungarani Amit Madhabhai -- None Available
Dungarani Madhabhai J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jia Yonghong $392,000
Closed Jia Yonghong $424,100
Previous Owner Dungarani Md Madhabhai J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $780,000 -8.2% $154 / Sq Ft
11/28/2017 11/28/17 For Sale $849,900 0.0% $167 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/14/2017 09/14/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $849,900 0.0% $167 / Sq Ft
09/01/2017 09/01/17 Price Changed $849,900 +9.0% $167 / Sq Ft
08/17/2017 08/17/17 Off Market $780,000 -- --
05/17/2017 05/17/17 Price Changed $899,900 -2.7% $177 / Sq Ft
03/06/2017 03/06/17 Price Changed $925,000 -2.1% $182 / Sq Ft
11/10/2016 11/10/16 Price Changed $945,000 -4.1% $186 / Sq Ft
07/22/2016 07/22/16 For Sale $985,000 -- $194 / 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 $8,568 $98,086 -- --
2024 $10,255 $93,415 -- --
2023 $10,255 $112,620 $22,520 $90,100
2022 $9,812 $84,730 $16,940 $67,790
2021 $9,967 $81,330 $16,260 $65,070
2020 $10,128 $81,100 $16,220 $64,880
2019 $10,403 $80,750 $16,150 $64,600
2018 $10,366 $78,600 $15,720 $62,880
2017 $10,802 $76,000 $15,200 $60,800
2016 $11,960 $83,400 $16,680 $66,720
2015 $10,911 $76,110 $15,220 $60,890
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brian Bair

    OfferPad Brokerage, LLC

  • Jason Zhang

    Buyer's Agent in 2017

    Jason Zhang

    Gold Trust Realty

    (602) 526-1189

    1 in this area

    157 Total Sales

    Jason Zhang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5474374

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-189

Arizona Maricopa County Tempe 85283 The Lakes

5401 S Lighthouse Ln, Tempe, AZ

This home is located at 5401 S Lighthouse Ln, Tempe, AZ 85283 since 22 July 2016 and is currently estimated at $1,500,052, approximately $295 per square foot. This property was built in 1984. 5401 S Lighthouse Ln is a home located in Maricopa County with nearby schools including Rover Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

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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