NOT LISTED FOR SALE

5435 S Lighthouse Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $1,416,726 - $1,473,000

4 Beds
3 Baths
4,330 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $805,000 $186 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,517/month

17 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Rover Elementary School Rated A-
  • 0.23 Acre Lot
  • Family Room with Fireplace

About This Home

As of September 2012

Waterfront home has been completely remodeled with designer finishes and million dollar views. From the custom low-maintenance landscaping and tiled walk-ways, courtyard, patios and balconies to the cherry wood and travertine floors and showers, granite countertops, custom lighting and crown molding, no detail has been overlooked. Gourmet kitchen with lake views opens to the covered patio and the family room which includes the big screen tv/surround sound system. There are 2 over-sized bedrooms upstairs plus a huge master suite with an elegant master bath. The private bedroom downstairs is adjacent to a 3/4 bath. Over-sized 3c garage has loads of storage! And the list goes on...please see list of upgrades in the documents tab. Most of the furniture is also available for sale.

Last Agent to Sell the Property

Daniel Birk

AZ Brokerage Holdings, LLC License #SA554956000 Listed on: 07/31/2012

Last Buyer's Agent

Len Meyer

Heins Realty License #BR529400000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1974

Lot Details

  • 10,215 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,330 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit

Location

  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 301-02-195

Community Details

Overview

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

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1974

Lot Details

0

HOA Fees

$95 per month

Parking

3

Listing Details

  • Cross Street: Baseline/Lakeshore
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 94.66
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2011
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2011
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2011
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2011
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1974
  • Tax Year: 2011
  • Directions: South on Lakeshore to Sandpiper; West on Sandpiper to Lighthouse Lane; North on Lighthouse Lane to 5435
  • Master Model: Waterfront Remodel
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: The Lakes
  • Association Fees:HOA Fee2: 284.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4330.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • 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, Near Bus Stop, Tennis Court(s), Playground, Fitness Center
  • Association Fee: 284.0
  • Association Fee Frequency: Quarterly
  • Association Name: LCA
  • 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: LCA
  • 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

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: 10215.0
  • Parcel #: 301-02-195

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 6110.0
  • Tax Book Number: 301.00
  • Tax Lot: 44
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Sep 18, 2012
Sold by
Sanford William A and Ozner June A
Bought by
Kent William B
Seller's Agent
Daniel Birk
AZ Brokerage Holdings, LLC
Buyer's Agent
Len Meyer
Heins Realty
List Price
$849,000
Sold Price
$805,000
Premium/Discount to List
-$44,000
-5.18%
Current Estimated Value
$1,448,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,575
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Feb 11, 2011
Sold by
Boles Randolph and Boles Julie A
Bought by
Sanford William A and Ozner June A

Purchase Details

Closed on
Feb 4, 2004
Sold by
Valdeserri Carl L
Bought by
Boles Randolph L and Boles Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2000
Sold by
Marico Acquisition Corp
Bought by
Valdiserri Carl L

Purchase Details

Closed on
May 2, 1994
Sold by
Williams Darlene
Bought by
Marico Acquisition Corp
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
Kent William B $805,000 Empire West Title Agency
Sanford William A $639,000 Lawyers Title Of Arizona Inc
Boles Randolph L $530,000 Transnation Title Ins Co
Valdiserri Carl L $442,000 First American Title
Valdiserri Carl L $143,000 First American Title
Valdiserri Carl L $80,000 First American Title
Marico Acquisition Corp $360,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boles Randolph L $333,000
Closed Boles Randolph L $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2012 09/25/12 Sold $805,000 -5.2% $186 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $849,000 -- $196 / 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 $8,906 $79,506 -- --
2024 $8,799 $75,720 -- --
2023 $8,799 $90,880 $18,170 $72,710
2022 $8,440 $68,680 $13,730 $54,950
2021 $8,566 $65,930 $13,180 $52,750
2020 $8,519 $64,400 $12,880 $51,520
2019 $8,870 $65,100 $13,020 $52,080
2018 $8,680 $62,510 $12,500 $50,010
2017 $8,421 $59,250 $11,850 $47,400
2016 $8,671 $62,770 $12,550 $50,220
2015 $8,329 $57,520 $11,500 $46,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4796415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-195