NOT LISTED FOR SALE

5422 S Lighthouse Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $695,000 - $937,000

4 Beds
3 Baths
2,945 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $367,500 $125 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,202/month

85 Days on Market

Highlights

  • Private Pool
  • 0.19 Acre Lot
  • Granite Countertops
  • Rover Elementary School Rated A-
  • Community Lake
  • Covered patio or porch

About This Home

As of July 2014

True custom priced well below current appraisal, backs to a green belt in the heart of The Lakes in The Island! Lovely well-built custom tri-level home, features real hardwood floors formal entry to formal living room with a majestic fire place w/raised hearth and elegant crown molding, formal dining w/French doors near updated galley kitchen, updated knotty alder cabinets w/dove tail wood drawers, cool granite slab counter tops w/updated appliances, a warm and cozy family room is open to kitchen with French doors to an extended covered patio, nice sized bedroom down with it’s own bathroom & walk-in closet, large laundry w/cabinets & deep sink, upstairs features 2nd and 3rd be bedrooms both w/double French doors that lead to a private balcony, huge master w/sitting area 3 master closets, luxurious updated master bath w/updated cabinets, granite counter tops & full travertine surrounds at shower, French doors at master to private balcony overlooking the rear yard & custom private pool. ***Listed thousands below appraised value!!!*** Don't miss this one!

Last Agent to Sell the Property

Randy Courtney

Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 03/25/2014

Weichert, Realtors - Courtney Valleywide

Last Buyer's Agent

Stephanie C. Miller

HomeSmart License #SA624913000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1973

Lot Details

  • 8,207 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,945 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Private Pool
  • Balcony
  • Covered patio or porch

Schools

  • Rover Elementary School
  • FEES College Preparatory Middle School
  • Marcos De Niza High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 51
  • Assessor Parcel Number 301-02-202

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,553

Year Built

Built in 1973

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Cross Street: Rural Rd & 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: 98.0
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2013
  • Directions: E on Baseline * S (right) on Lakeshore Dr * W (right) on Sandpiper Dr * N (right) on Lighthouse. Property is on your left.
  • Attribution Contact: 480-705-9600
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: THE LAKES
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 294.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Intercom, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2945.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Lake Subdivision
  • Amenities: Management
  • Association Fee: 294.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes Assn
  • 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 Assn
  • 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:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8207.0
  • Parcel #: 301-02-202
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3553.0
  • Tax Book Number: 301.00
  • Tax Lot: 51
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Mcgill Patricia J and Mcgill Nancy L
Bought by
Mcgill Patrick J and Hill Mcgill Nancy
Total Days on Market
85
Current Estimated Value
$850,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$214,823
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$635,696

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jul 21, 2014
Sold by
Hillard C Dale
Bought by
Mcgill Patrick J and Mcgill Nancy L
Seller's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Stephanie C. Miller
HomeSmart
List Price
$375,000
Sold Price
$367,500
Premium/Discount to List
-$7,500
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$294,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Hillard C Dale

Purchase Details

Closed on
Mar 11, 2008
Sold by
Hillard Virginia A
Bought by
Hillard C Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
Hillard C Dale
Bought by
Hillard C Dale and Hillard Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Hillard C Dale and Hillard Virginia A
Bought by
Hillard C Dale and Hillard Virginia A

Purchase Details

Closed on
Aug 3, 2001
Sold by
Meehan Michael J
Bought by
Hillard C Dale and Hillard Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,950
Interest Rate
7.19%
Mortgage Type
New Conventional
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
Mcgill Patrick J -- Empire West Title Agency Llc
Mcgill Patrick J $367,500 Chicago Title Agency
Hillard C Dale -- Accommodation
Hillard C Dale -- Stewart Title & Trust Of Pho
Hillard C Dale -- Stewart Title & Trust Of Pho
Hillard C Dale -- Stewart Title & Trust Of Pho
Hillard C Dale -- None Available
Hillard C Dale $263,700 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Patrick J $240,000
Closed Mcgill Patrick J $294,000
Previous Owner Hillard C Dale $194,000
Previous Owner Hillard C D $205,000
Previous Owner Hillard C Dale $93,800
Previous Owner Hillard C Dale $210,950
Closed Hillard C Dale $26,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $367,500 -2.0% $125 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
05/19/2014 05/19/14 Price Changed $375,000 -3.6% $127 / Sq Ft
03/28/2014 03/28/14 Price Changed $389,000 +3.7% $132 / Sq Ft
03/25/2014 03/25/14 For Sale $375,000 -- $127 / 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 $4,222 $43,049 -- --
2024 $4,164 $40,999 -- --
2023 $4,164 $56,320 $11,260 $45,060
2022 $3,970 $42,670 $8,530 $34,140
2021 $4,010 $40,630 $8,120 $32,510
2020 $3,877 $38,420 $7,680 $30,740
2019 $3,803 $39,430 $7,880 $31,550
2018 $3,700 $36,830 $7,360 $29,470
2017 $3,585 $34,170 $6,830 $27,340
2016 $3,568 $37,330 $7,460 $29,870
2015 $3,451 $28,630 $5,720 $22,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5090125

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-202