5500 S Rocky Point Rd Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $703,531 - $815,000
3
Beds
2
Baths
2,330
Sq Ft
$325/Sq Ft
Est. Value
Highlights
- Heated Spa
- Waterfront
- Clubhouse
- Rover Elementary School Rated A-
- Community Lake
- Vaulted Ceiling
About This Home
As of March 2019Gorgeous 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
Co-Listed By
Ralph Heins
Citiea License #BR042677000
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
- Refrigerated Cooling System
- 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
- Clubhouse
- Recreation Room
Recreation
- Tennis Courts
- Racquetball
- Community Playground
- Heated Community Pool
- Community Spa
- Bike Trail
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
Total Days on Market
113
Current Estimated Value
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
7.02%
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
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2019
Ann L. Heins
Citiea
(480) 797-2896
-
R
Seller Co-Listing Agent in 2019
Ralph Heins
Citiea
(480) 797-2895
-
R
Buyer's Agent in 2019
Ralph C. Heins
Elite Partners
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5802415
APN: 301-02-404
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.
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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