NOT LISTED FOR SALE

5426 S Lighthouse Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $724,823 - $882,000

3 Beds
3.5 Baths
2,485 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $400,000 $161 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,689/month

17 Days on Market

Highlights

  • 0.18 Acre Lot
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Rover Elementary School Rated A-
  • Community Lake
  • 1 Fireplace

About This Home

As of August 2015

True gem in prestigious Tempe community The Lakes, very upgraded and move in ready. Custom home features 2 full master bedroom suites upstairs and open light and bright tri-level floor plan with complete guest suite downstairs with separate exit. Completely remodeled kitchen with too many upgrades to list like cabinets, granite counter tops, upgraded stainless steel appliances... Home backs to green belt giving you a feeling of spaciousness, large covered patio to enjoying the luscious landscaped backyard, plus private courtyard off kitchen.

Last Agent to Sell the Property

Jason Vaught

Realty Executives License #SA505558000 Listed on: 06/11/2015

Co-Listed By

Adam Vaught

Realty Executives License #SA541354000

Last Buyer's Agent

Janine Brown

HomeSmart License #BR007129000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1973

Lot Details

  • 8,050 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,485 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 50
  • Assessor Parcel Number 301-02-201

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • The Lakes Association, Phone Number (480) 838-1023
  • Built by Custom
  • Lakes Tract B Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,978

Year Built

Built in 1973

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: McCLINTOCK & BASELINE
  • Legal Info Range: 4E
  • 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: 96.66
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2014
  • Directions: West on Baseline / South on Lakeshore Dr / Right on Sandpiper / Right on Lighthouse to home on left
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: reax20
  • Co List Office Phone: 480-961-5800
  • Subdivision Name: LAKES TRACT B
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 290.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 2485.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path
  • 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:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks)

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: 8050.0
  • Parcel #: 301-02-201

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2978.0
  • Tax Book Number: 301.00
  • Tax Lot: 50
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 5, 2015
Sold by
Cisneros Manuel
Bought by
Arias Cisneros M Beatriz
Seller's Agent
Jason Vaught
Realty Executives
Buyer's Agent
Janine Brown
HomeSmart
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Current Estimated Value
$807,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,956
Avg. Annual Appreciation
7.20%
Original Mortgage
$320,000
Outstanding Balance
$252,539
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$555,417

Purchase Details

Closed on
Nov 16, 2011
Sold by
Cutter Christopher S and Cutter Gay G
Bought by
Cutter Christopher S and Cutter Gay G

Purchase Details

Closed on
Jan 20, 2009
Sold by
Schartz Francine
Bought by
Cutter Christopher S and Cutter Gay G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1996
Sold by
Deberry Octavia F
Bought by
Schartz Francine and Deberry Family Residual Trust
Source: Public Records

Range of Values:

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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
Arias Cisneros M Beatriz -- First Arizona Title Agency
Arias Cisneros M Beatriz $400,000 First Arizona Title Agency
Cutter Christopher S -- None Available
Cutter Christopher S $300,000 Security Title Agency Inc
Schartz Francine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Cisneros M Beatriz $320,000
Previous Owner Cutter Christopher S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $400,000 -4.5% $161 / Sq Ft
06/11/2015 06/11/15 For Sale $419,000 -- $169 / 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 $3,697 $38,175 -- --
2024 $3,652 $36,357 -- --
2023 $3,652 $51,180 $10,230 $40,950
2022 $3,487 $39,000 $7,800 $31,200
2021 $3,556 $36,970 $7,390 $29,580
2020 $3,438 $34,730 $6,940 $27,790
2019 $3,372 $35,260 $7,050 $28,210
2018 $3,281 $32,750 $6,550 $26,200
2017 $3,179 $30,180 $6,030 $24,150
2016 $3,164 $32,630 $6,520 $26,110
2015 $3,060 $25,260 $5,050 $20,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5292759

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-201