NOT LISTED FOR SALE

5508 S Marine Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $973,000 - $1,139,000

5 Beds
4 Baths
3,933 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2018

Last sale price $600,000 $153 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,385 / mo

37 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Rover Elementary School Rated 9+
  • 0.21 Acre Lot
  • Clubhouse

About This Home

As of May 2018

Lakes' newer looking custom build waterfront. Enter walls of windows w/ 180 degree water view. Great Room entry w/ 20 ft+ vaults. Real oak wood floors 3/4 inch thick thru-out 1st floor. 1st floor BDR/or great Office w/ hallway bath & views of water.Tons of lite oak cabinets & storage.Kool deck. Boat dock. Waterviews Gr RM, KT,BDR 1st level, MBR. Basement 668 sf w/LRM, BDR & Full Bath=great Theatre RM/guests/returning kids. Uostairs Loft w/Library. Monster MBR w/sitting area. MBath jacuzzi&sep ex-large 2 person shower. Gigantic MBR walk-in closet. 3 sliding doors to MBR deck.2 split BDRS up facing street trees w/ Jack N Jill full bathrm. Walls of lite oak cabinets & lots more storage upstairs. Extra wide, long 3 car garage. Greenbelt south so no zero lot line. Newer 2016 Lenox AC up.

Last Agent to Sell the Property

Ann L. Heins

Citiea License #BR042682000 Listed on: 02/16/2018

Citiea

Co-Listed By

Ralph Heins

Citiea License #BR042677000

Last Buyer's Agent

Jerry A. Humphrey

Weichert, Realtors - Courtney Valleywide License #BR007018000

Weichert, Realtors - Courtney Valleywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1989

Lot Details

  • 8,982 Sq Ft Lot
  • Waterfront
  • Front Yard Sprinklers

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,933 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 301-02-819

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Community Asso Association, Phone Number (480) 838-1023
  • Built by Custom
  • Lakes Tract C3 Subdivision, Custom Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,919

Year Built

Built in 1989

Lot Details

8,982 Sq Ft Lot

HOA Fees

$102 per month

Parking

3

Listing Details

  • Cross Street: McClintock and 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: 101.67
  • Basement: Y
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1989
  • Tax Year: 2017
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: aznv01
  • Co List Office Phone: 480-797-2896
  • Subdivision Name: LAKES TRACT C3
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 152.55
  • Association Fees:HOA Fee2: 305.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Partial
  • Flooring: Carpet, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 3933.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:HandballRacquetball: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Storage
  • Lot Features: Waterfront Lot, Sprinklers In Front, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Clubhouse, Fitness Center
  • Amenities: Self Managed
  • Association Fee: 305.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community Asso
  • 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 Asso
  • 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: 8982.0
  • Parcel #: 301-02-819
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5919.0
  • Tax Book Number: 301.00
  • Tax Lot: 121
  • Tax Map Number: 2.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2023
Sold by
Bought by
Current Estimated Value
$1,060,190

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 10, 2018
Sold by
Bought by
Seller's Agent
Ann L. Heins
Citiea
Buyer's Agent
Jerry A. Humphrey
Weichert, Realtors - Courtney Valleywide
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$450,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$600,000 American Title Service Agenc
-- Ticor Title Company
-- Ticor Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $450,000
Previous Owner $375,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $600,000 -7.7% $153 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $649,900 -7.0% $165 / Sq Ft
02/16/2018 02/16/18 For Sale $699,000 -- $178 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,817 $61,881 -- --
2024 $6,248 $58,935 -- --
2023 $6,248 $73,070 $14,610 $58,460
2022 $5,969 $53,670 $10,730 $42,940
2021 $6,015 $50,910 $10,180 $40,730
2020 $6,088 $50,560 $10,110 $40,450
2019 $6,290 $52,150 $10,430 $41,720
2018 $6,119 $51,500 $10,300 $41,200
2017 $5,919 $53,900 $10,780 $43,120
2016 $5,873 $57,600 $11,520 $46,080
2015 $5,618 $53,570 $10,710 $42,860
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Ann L. Heins

    Citiea

    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Ralph Heins

    Citiea

    Section Image
  • Jerry A. Humphrey

    Buyer's Agent in 2018

    Jerry A. Humphrey

    Weichert, Realtors - Courtney Valleywide

    (480) 688-3888

    27 Total Sales

    Jerry A. Humphrey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5724574

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-819

Arizona Maricopa County Tempe 85283 The Lakes

5508 S Marine Dr, Tempe, AZ

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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