NOT LISTED FOR SALE

5513 S Compass Rd Unit 83 Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $997,000 - $1,774,075

0.29 Acre
$4,312,134 Price per Acre
12,632 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $248,000

Est. 404% increase in value since last sale

Current estimated payment $7,398/month

132 Days on Market

Highlights

  • Waterfront
  • 0.29 Acre Lot
  • Level Lot
  • Rover Elementary School Rated A-

About This Lot

As of March 2015

You have found the needle in the haystack with this rare Tempe waterfront property. Located in The Lakes in Tempe this property offers easy access to freeways and is close to Sky Harbor Airport. Property is located in an established subdivision with utilities to the property.

Last Agent to Sell the Property

Terry Anderson

eXp Realty License #SA636221000 Listed on: 10/22/2014

eXp Realty

Co-Listed By

Lori Zurcher

eXp Realty License #SA644581000

Last Buyer's Agent

Peggie Simmons

Realty Marketing Group License #BR023095000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,293

Lot Details

  • 0.29 Acre Lot
  • Waterfront
  • Level Lot
  • Property is zoned R1-6

HOA Fees

  • $97 Monthly HOA Fees

Community Details

  • Lakes Community HOA, Phone Number (480) 838-1023
  • The Lakes Subdivision

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 301-02-784

Property Details

Property Type

Land

Est. Annual Taxes

$2,293

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Cross Street: Baseline and Rural
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Level
  • Zoning: R1-6
  • Tax Year: 2013
  • Directions: South on Rural, East on Lamplighter, South on Westshore, East on Leeward, Property is on the corner of Leeward and Compass.
  • Lot Size Acres: 0.29
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: hopr001
  • Co List Office Phone: 480-346-4111
  • Subdivision Name: The Lakes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Waterfront, Lake Subdivision
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None
  • Land Features:Waterfront: Yes

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 290.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-838-1023
  • HOA Transfer Fee: 400.0
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community HOA
  • Phone: 480-838-1023
  • Association: Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 12747.0
  • Additional Parcels: No
  • Parcel #: 301-02-784
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2293.0
  • Tax Book Number: 301.00
  • Tax Lot: 83
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2018
Sold by
Concannon Colleen and The Colleen Concannon Revocabl
Bought by
Concannon Colleen and Cec Revocable Trust
Current Estimated Value
$1,250,519

Purchase Details

Closed on
May 25, 2016
Sold by
Concannon Colleen E
Bought by
Concannon Colleen and The Colleen Concannon Revocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$215,066
Interest Rate
3.59%
Mortgage Type
Construction
Estimated Equity
$1,062,576

Purchase Details

Listed on
Oct 22, 2014
Closed on
Mar 13, 2015
Sold by
Wolfland Llc
Bought by
Concannon Colleen
Seller's Agent
Terry Anderson
eXp Realty
Buyer's Agent
Peggie Simmons
Realty Marketing Group
List Price
$248,000
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.90%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Wilson Kay
Bought by
Wolfland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2007
Sold by
Wolfland Llc
Bought by
Wilson Kay

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bogar Barbara A
Bought by
Wolfland Llc

Purchase Details

Closed on
Jun 12, 1995
Sold by
Bogar Charles A
Bought by
Bogar Barbara A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Concannon Colleen -- None Available
Concannon Colleen -- Title365 Agency
Concannon Colleen -- Title365 Agency
Concannon Colleen E -- Title365 Agency
Concannon Colleen E -- Title365 Agency
Concannon Colleen $248,000 Lawyers Title Of Arizona Inc
Wolfland Llc -- None Available
Wilson Kay -- None Available
Wolfland Llc $460,000 Security Title Agency Inc
Bogar Barbara A -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Concannon Colleen E $417,000
Previous Owner Wolfland Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $248,000 0.0% --
02/10/2015 02/10/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $248,000 -- --
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 $8,057 $77,286 -- --
2024 $7,953 $73,606 -- --
2023 $7,953 $119,480 $23,890 $95,590
2022 $7,604 $89,000 $17,800 $71,200
2021 $7,661 $86,130 $17,220 $68,910
2020 $7,410 $80,100 $16,000 $64,100
2019 $7,258 $93,680 $18,730 $74,950
2018 $7,320 $25,155 $25,155 $0
2017 $2,845 $26,280 $26,280 $0
2016 $2,825 $22,020 $22,020 $0
2015 $2,895 $25,824 $25,824 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Anderson

    Seller's Agent in 2015

    Terry Anderson

    eXp Realty

    (480) 639-8567

    2 in this area

    53 Total Sales

    Terry Anderson
    Section Image
  • Lori Zurcher

    Seller Co-Listing Agent in 2015

    Lori Zurcher

    eXp Realty

    (602) 689-2354

    2 in this area

    45 Total Sales

    Lori Zurcher
    Section Image
  • Peggie Simmons

    Buyer's Agent in 2015

    Peggie Simmons

    Realty Marketing Group

    (602) 424-4295

    1 in this area

    60 Total Sales

    Peggie Simmons
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5189163

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-784

Arizona Maricopa County Tempe 85283 The Lakes

5513 S Compass Rd Unit 83, Tempe, AZ

This home is located at 5513 S Compass Rd Unit 83, Tempe, AZ 85283 since 22 October 2014 and is currently estimated at $1,250,519. 5513 S Compass Rd Unit 83 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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