NOT LISTED FOR SALE

5509 S Waverly Way Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $416,000 - $544,000

3 Beds
4 Baths
2,300 Sq Ft
$218/Sq Ft Est. Value

Highlights

  • Private Pool
  • 0.23 Acre Lot
  • 1 Fireplace
  • Rover Elementary School Rated A-
  • Two Primary Bathrooms
  • Central Air

About This Home

As of January 2020

Live in oneof the most sought after neighborhoods in Tempe on the Water. Bring your approved watercraft and dock up right in the backyard! Year round fishing and entertainers Dream. Beautiful views this Gem sits tucked amongst multi million dollar homes. Beautiful and tranquil views from the living area, the Master bedroom and the backyard. Private pool and access to the Lakes lap pool, workout facilities and tennis and racquetball courts. 2 Master bedrooms, a large guest bedroom and a large private office plus an incredible 4 bathrooms. This is on ''The island'' in the lakes, will go quickly at this price.

Last Agent to Rent the Property

George Saiki

Fathom Realty Elite License #SA533361000 Listed on: 12/28/2019

Fathom Realty Elite

Last Renter's Agent

George Saiki

AZ Brokerage Holdings, LLC License #SA533361000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1973

Lot Details

  • 10,202 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • The Lakes Association, Phone Number (480) 838-3274
  • Lakes Tract B Subdivision

Listing and Financial Details

  • Property Available on 12/28/19
  • 12-Month Minimum Lease Term
  • Tax Lot 10
  • Assessor Parcel Number 301-02-161

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1973

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2019-12-28

Listing Details

  • Cross Street: Lakeshore and Baseline
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1973
  • Rental Info H O A Name: The Lakes
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South to Sandpiper E to Waverly way.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: LAKES TRACT B
  • Property Attached Yn: No
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Pantry, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 2300.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: The Lakes
  • Phone: 480-838-3274
  • Association: Yes
  • Pets Allowed: Call

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

  • Lot Size Sq Ft: 10202.0
  • Parcel #: 301-02-161

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Book Number: 301.00
  • Tax Lot: 10
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
5509 S Waverly Llc
Bought by
Rao Anthony and Rao Kimberly
Current Estimated Value
$500,940

Purchase Details

Listed on
Dec 28, 2019
Closed on
Jan 15, 2020
Sold by
Rao John and Rao Cathy Theresa
Bought by
5509 S Waverly Llc
Seller's Agent
George Saiki
Fathom Realty Elite
Buyer's Agent
George Saiki
Fathom Realty Elite
Sold Price
$2,800

Purchase Details

Closed on
Oct 17, 2019
Sold by
Grunewald Glen A and Grunewald Laura E
Bought by
Rao John and Rao Cathy Theresa

Purchase Details

Closed on
Sep 6, 2017
Sold by
Gohier Frances Charlene
Bought by
Grunewald Glen A and Grunewald Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Gohier Frances Charlene
Bought by
Grunewald Glen and Grunewald Laura

Purchase Details

Closed on
Mar 24, 2015
Sold by
Gohier Charlene F
Bought by
Gohier Frances Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Gohier Frances Charlene
Bought by
Gohier Charlene F and Gohier Frances Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
3.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rao Anthony $568,354 Lawyers Title
5509 S Waverly Llc -- Lawyers Title Of Arizona Inc
Rao John $526,000 Lawyers Title Of Arizona Inc
Grunewald Glen A -- Empire West Title Agency Llc
Grunewald Glen -- None Available
Gohier Frances Charlene -- Driggs Title Agency Inc
Gohier Charlene F -- Driggs Title Agency Inc
Gohier Charlene -- Driggs Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grunewald Glen A $235,000
Previous Owner Gohier Frances Charlene $300,000
Previous Owner Gohier Charlene $231,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Under Contract -- -- --
01/09/2020 01/09/20 Rented $2,800 0.0% --
12/28/2019 12/28/19 For Rent $2,800 -- --
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 $1,773 $15,825 $15,825 --
2024 $1,751 $15,071 $15,071 --
2023 $1,751 $30,540 $30,540 $0
2022 $5,911 $48,250 $9,650 $38,600
2021 $5,952 $45,810 $9,160 $36,650
2020 $5,843 $44,720 $8,940 $35,780
2019 $5,133 $43,920 $8,780 $35,140
2018 $4,990 $40,960 $8,190 $32,770
2017 $4,824 $38,160 $7,630 $30,530
2016 $4,811 $41,080 $8,210 $32,870
2015 $4,597 $38,730 $7,740 $30,990
Source: Public Records

Agents Affiliated with this Home

  • George Saiki

    Landlord's Agent in 2020

    George Saiki

    Fathom Realty Elite

    (480) 228-4509

    7 in this area

    79 Total Sales

    George Saiki
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6017818

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-161

Arizona Maricopa County Tempe 85283 The Lakes

5509 S Waverly Way, Tempe, AZ

This home is located at 5509 S Waverly Way, Tempe, AZ 85283 since 28 December 2019 and is currently priced at $500,940. This property was built in 1973. 5509 S Waverly Way 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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