NOT LISTED FOR SALE

5500 S Rocky Point Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $686,256 - $785,000

3 Beds
2 Baths
2,330 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $498,000 $214 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,236/month

113 Days on Market

Highlights

  • Heated Spa
  • Waterfront
  • Community Lake
  • Rover Elementary School Rated A-
  • 0.17 Acre Lot
  • Vaulted Ceiling

About This Home

As of March 2019

Gorgeous remodeled Lakes Waterfront.Downstairs Master or 4th BDR? Convert part FRM back to d/s Master. Solid Oak floors -no carpet. $20k KT: Custom Cherrywood Cabinets, Granite Counters, Center Island w/Brft Bar, Wine Fridge w/ Granite & Cabinets, Custom Tile Back Splash & Bosch Dishwasher. . Dual Pane French Door & Windows.Lite & Brite.Big Grassy Backyd w/ Newer- Play Area, Deck, Dock & Observation Point overlooking Lake. Newer Totally fenced backyd great for kids & dogs. Spa, BBQ, & Brand New Patio Cover. New Paint downstairs. Custom closet built-ins.Newer Custom lighting. Hi vaulted entry. Newer baseboards. Granite bathrm counter. Copper sinks. Newer toilets, Hansgrohe faucets,fan,solar tubes. 2016 water heater. Owners spent $80-$100k Upgrades-see ''Docs'' tab.

Last Agent to Sell the Property

Ann L. Heins

Citiea License #BR042682000 Listed on: 08/16/2018

Citiea

Co-Listed By

Ralph Heins

Citiea License #BR042677000

Citiea

Last Buyer's Agent

Ralph C. Heins

Elite Partners License #BR042677000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1971

Lot Details

  • 7,527 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • Stepless Entry
  • Hard or Low Nap Flooring

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

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 System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 301-02-404

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • Karen Or Christine Association, Phone Number (480) 838-1023
  • Built by Mission Viejo
  • Lakes Tract F2 Subdivision, Waterfront Floorplan
  • 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

$3,245

Year Built

Built in 1971

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: Baseline and McClintock
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center 2 Paid Frequency: Annually
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 103.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2010
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2003
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: South from Baseline 2nd light-right side Southshore. West on Southshore. 5 streets to Rocky Point . North and around the curve until you almost reach Outrigger. Next to greenbelt & faces lake
  • Master Model: Waterfront
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: aznv01
  • Co List Office Phone: 480-797-2896
  • Subdivision Name: LAKES TRACT F2
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 310.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: Above Ground, Heated, Private
  • Accessibility Features: Zero-Grade Entry, Hard/Low Nap Floors
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2330.0
  • Stories: 2
  • Window Features: Dual Pane
  • 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
  • Master Bathroom:Double Sinks: 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
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Balcony, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 310.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community HOA
  • 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: Lakes Community HOA
  • 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: Karen or Christine
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Other (See Remarks)5: Yes
  • Association Fees:PAD Paid (Freq)2: Annually

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: 7527.0
  • Parcel #: 301-02-404

Building Info

  • Builder Name: Mission Viejo

Tax Info

  • Tax Annual Amount: 3245.0
  • Tax Book Number: 301.00
  • Tax Lot: 56
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Luke David N and Rumore Madison C
Bought by
Luke David N and Luke Madison C
Current Estimated Value
$731,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,550
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2018
Closed on
Mar 20, 2019
Sold by
Wenz Paul F and Wenz Karen P
Bought by
Luke David N and Rumore Madison C
Seller's Agent
Ann L. Heins
Citiea
Buyer's Agent
Ralph Heins
Citiea
List Price
$540,000
Sold Price
$498,000
Premium/Discount to List
-$42,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$473,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2013
Sold by
Wenz Pual F
Bought by
Wenz Paul F and Wenz Karen P

Purchase Details

Closed on
Sep 19, 2012
Sold by
Wenz Paul F and Wenz Karen P
Bought by
Wenz Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Wenz Paul F
Bought by
Wenz Paul F and Wenz Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2010
Sold by
Narveson Charles L and Narveson Paula G
Bought by
Wenz Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2010
Sold by
Wenz Karen P
Bought by
Wenz Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Narveson Charles L and Narveson Paula G
Bought by
Narveson Charles L and Narveson Paula G

Purchase Details

Closed on
Jun 25, 1997
Sold by
Miller Nathan A
Bought by
Narveson Charles L and Narveson Paula G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 1996
Sold by
Golomb Harvey
Bought by
Miller Nathan A
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
Luke David N -- Grand Canyon Title Agency
Luke David N $498,000 Grand Canyon Title Agency
Wenz Paul F -- None Available
Wenz Paul F -- Driggs Title Agency Inc
Wenz Paul F -- Magnus Title Agency
Wenz Paul F $370,000 Magnus Title Agency
Wenz Paul F -- Magnus Title Agency
Narveson Charles L -- --
Narveson Charles L $222,000 Transnation Title Ins Co
Miller Nathan A $169,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke David N $73,000
Open Luke David N $534,400
Closed Luke David N $482,000
Closed Luke David N $477,550
Closed Luke David N $473,100
Previous Owner Wenz Paul F $286,400
Previous Owner Wenz Paul F $296,000
Previous Owner Wenz Paul F $296,000
Previous Owner Wenz Paul F $296,000
Previous Owner Narveson Charles L $127,247
Previous Owner Narveson Charles L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $498,000 -4.2% $214 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
11/14/2018 11/14/18 Price Changed $519,900 -1.9% $223 / Sq Ft
10/25/2018 10/25/18 Price Changed $529,900 -1.9% $227 / Sq Ft
10/06/2018 10/06/18 For Sale $540,000 +8.4% $232 / Sq Ft
08/16/2018 08/16/18 Off Market $498,000 -- --
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 $3,263 $38,963 -- --
2024 $3,727 $37,108 -- --
2023 $3,727 $50,150 $10,030 $40,120
2022 $3,559 $37,370 $7,470 $29,900
2021 $3,629 $35,300 $7,060 $28,240
2020 $3,509 $33,930 $6,780 $27,150
2019 $3,442 $34,920 $6,980 $27,940
2018 $3,863 $33,360 $6,670 $26,690
2017 $3,245 $33,770 $6,750 $27,020
2016 $3,229 $33,670 $6,730 $26,940
2015 $3,123 $31,030 $6,200 $24,830
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ann L. Heins

    Citiea

    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Ralph Heins

    Citiea

    Section Image

  • R

    Buyer's Agent in 2019

    Ralph C. Heins

    Elite Partners

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5802415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-404

Arizona Maricopa County Tempe 85283 The Lakes

5500 S Rocky Point Rd, Tempe, AZ

This home is located at 5500 S Rocky Point Rd, Tempe, AZ 85283 since 16 August 2018 and is currently estimated at $731,064, approximately $313 per square foot. This property was built in 1971. 5500 S Rocky Point Rd 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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