5514 S Marine Dr Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $738,000 - $930,000
4
Beds
2.5
Baths
2,433
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Fitness Center
- Private Pool
- 0.21 Acre Lot
- Rover Elementary School Rated A-
- Waterfront
- Community Lake
About This Home
As of December 2014Light & 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.
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
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
Total Days on Market
69
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
$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
6.80%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
17 in this area
178 Total Sales
-
Marcy Hernandez
Buyer's Agent in 2014
Marcy Hernandez
HomeSmart
(480) 217-3998
52 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5179703
APN: 301-02-847
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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