NOT LISTED FOR SALE

5514 S Marine Dr Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $843,000 - $922,000

4 Beds
2.5 Baths
2,433 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $435,000 $179 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,129/month

69 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • 0.21 Acre Lot
  • Rover Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of December 2014

Light & bright 4 bedrooms plus den, 2.5 bathrooms single-level custom home is nestled on a spacious waterfront lot in the desirable The Lakes in Tempe!Kitchen boasts granite countertops and overlooks backyard and lake. Built to live like a beach house, this home has vaulted ceilings, fireplace in the living room and lots of windows providing a beautiful view to the backyard and lake. Great features include highly upgraded bathrooms, separate shower and Jacuzzi tub in guest bathroom, surround sound inside and out and 16 seer AC installed in 2014. Backyard oasis is built for entertaining & has a sparkling pool, expansive covered patio with wet bar & surround sound, outdoor shower, private boat dock for lake access. It’s currently the only single level home on the lake for sale in The Lakes! The Lakes Community amenities include lake access, fishing, boating, racquetball, tennis, volleyball, and basketball courts. Olympic, heated community pool and spa, fitness center, walking paths, party room and billiards. The Lakes also provides many activities for all ages. This home is conveniently located in a desirable Tempe location near the US60, Loops 101 & 202, I-10 and great shopping and dining opportunities.

Last Agent to Sell the Property

Pamm Seago-Peterlin

Century 21 Seago License #SA021333000 Listed on: 10/02/2014

Century 21 Seago

Last Buyer's Agent

Marcy Hernandez

HomeSmart License #SA561746000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1978

Lot Details

  • 9,219 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,433 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Covered Patio or Porch

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 Available

Listing and Financial Details

  • Legal Lot and Block 149 / 4016
  • Assessor Parcel Number 301-02-847

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • The Lakes HOA, Phone Number (480) 838-1023
  • Built by Custom by Roosen
  • The Lakes Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,110

Year Built

Built in 1978

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: Baseline Rd and Rural Rd
  • 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: 96.66
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1978
  • Tax Year: 2014
  • Directions: E on Baseline Rd, S on Lakeshore Dr, E on South Shore Dr, N on Marine to home.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: The Lakes
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Vaulted Ceiling(s), Full Bth Master Bdrm, Granite Counters
  • Living Area: 2433.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: 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
  • Community Features:Workout Facility: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block, Partial
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: 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, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes 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: The Lakes 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:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

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: 9219.0
  • Parcel #: 301-02-847
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom by Roosen

Tax Info

  • Tax Annual Amount: 4109.82
  • Tax Block: 4016
  • Tax Book Number: 301.00
  • Tax Lot: 149
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Smith Philip J
Bought by
Smith Philip J and Manning Nvey W Joseph Earl
Current Estimated Value
$876,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$68,562
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$796,721

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 15, 2014
Sold by
Harlacher Launie and Canavan Linda
Bought by
Smith Philip J
Seller's Agent
Pamm Seago-Peterlin
Century 21 Seago
Buyer's Agent
Marcy Hernandez
HomeSmart
List Price
$550,000
Sold Price
$435,000
Premium/Discount to List
-$115,000
-20.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Stock Joe M and Lizzo Stock Carmela
Bought by
Harlacher Launie and Canavan Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2001
Sold by
Stock Joe M and Lizzo Carmela Mabel
Bought by
Stock Joe M and Lizzo Stock Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.62%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Lizzo Carmela and Stock Joe
Bought by
Stock Joe M and Lizzo Carmela Mabel

Purchase Details

Closed on
Aug 17, 1995
Sold by
Roosen Peter A and Roosen Sally J
Bought by
Lizzo Carmela M and Lizzo Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7.88%
Mortgage Type
New Conventional
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
Smith Philip J $485,431 First American Title Ins Co
Smith Philip J $435,000 Fidelity Natl Title Agency
Harlacher Launie $410,000 Tsa Title Agency
Stock Joe M -- Westland Title Agency
Stock Joe M -- --
Lizzo Carmela M $258,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Philip J $136,000
Closed Action Industries Inc $33,000
Previous Owner Harlacher Launie $394,100
Previous Owner Harlacher Launie $20,000
Previous Owner Harlacher Launie $328,000
Previous Owner Stock Joe M $275,000
Previous Owner Lizzo Carmela M $133,500
Closed Harlacher Launie $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $435,000 -5.4% $179 / Sq Ft
11/25/2014 11/25/14 Price Changed $460,000 -5.2% $189 / Sq Ft
11/12/2014 11/12/14 Price Changed $485,000 -3.0% $199 / Sq Ft
10/21/2014 10/21/14 Price Changed $500,000 -9.1% $206 / Sq Ft
10/02/2014 10/02/14 For Sale $550,000 -- $226 / Sq Ft
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 $4,852 $48,671 -- --
2024 $4,786 $46,354 -- --
2023 $4,786 $59,720 $11,940 $47,780
2022 $4,567 $43,560 $8,710 $34,850
2021 $4,602 $40,970 $8,190 $32,780
2020 $4,444 $39,920 $7,980 $31,940
2019 $4,349 $40,850 $8,170 $32,680
2018 $4,226 $39,060 $7,810 $31,250
2017 $4,082 $40,310 $8,060 $32,250
2016 $4,049 $42,230 $8,440 $33,790
2015 $3,901 $39,020 $7,800 $31,220
Source: Public Records

Agents Affiliated with this Home

  • Pamm Seago-Peterlin

    Seller's Agent in 2014

    Pamm Seago-Peterlin

    Century 21 Seago

    (480) 703-7355

    12 in this area

    167 Total Sales

    Pamm Seago-Peterlin
    Section Image
  • Marcy Hernandez

    Buyer's Agent in 2014

    Marcy Hernandez

    HomeSmart

    (480) 217-3998

    49 Total Sales

    Marcy Hernandez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5179703

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-847

Arizona Maricopa County Tempe 85283 The Lakes

5514 S Marine Dr, Tempe, AZ

This home is located at 5514 S Marine Dr, Tempe, AZ 85283 since 02 October 2014 and is currently estimated at $876,220, approximately $360 per square foot. This property was built in 1978. 5514 S Marine Dr 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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