$450,000
SOLD MAY 30, 2013

5518 S Rocky Point Rd Tempe, AZ 85283

The Lakes Neighborhood
3 Beds
3 Baths
2,447 Sq Ft
7,009 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

4% Below List Price

26 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Community Lake
  • Rover Elementary School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of May 2013

WATERFRONT-Totally unbelievable contemporary remodeled home with 3 large bedrooms, 3 baths (2 master bedrooms) with gorgeous newer kitchen with high end appliances, updated tile flooring, lots of marvelous water views. 2 car garage. Newer multi-pane windows and sliders. Flat wall finishes and canned lighting. Extra insulation. Private pool and your own boat dock. 2 decks. North/South exposure. Not a flip. All Lakes amenities including boating and fishing, clubhouse with Olympic HEATED pool, spa, tennis courts, volleyball, racquetball, FITNESS CENTER, tot lot, picnic areas. MORE! Easy to ASU, airport, highways, shopping. Super home!Refrigerator, washer and dryer do NOT convey. Seller is offering $10,100 credit toward pool resurfacing and deck repair.

Last Agent to Sell the Property

Leonard Meyer

Heins Realty License #BR529400000 Listed on: 02/20/2013

Co-Listed By

Suzanne Gammage

Russ Lyon Sotheby's International Realty License #BR509535000

Last Buyer's Agent

Henk Versteeg

HomeSmart License #SA516670000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1971

Lot Details

  • 7,009 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Wood Fence
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,447 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Playground

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 System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 301-02-401

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • Lakes Community HOA, Phone Number (480) 838-1023
  • Built by Mission Viejo
  • The Lakes Subdivision, Gorgeous Floorplan
  • FHA/VA Approved Complex
  • 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

$2,854

Year Built

Built in 1971

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: Basleine and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 96.66
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2009
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2009
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2009
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2009
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1971
  • Tax Year: 2012
  • Directions: East to Lakeshore, South to Southshore, East to Rocky Point, North and around to home on the water.
  • Master Model: Gorgeous
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: gmmg01
  • Co List Office Phone: 602-956-4646
  • Subdivision Name: The Lakes
  • Architectural Style: Contemporary, Spanish
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 290.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2447.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): 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
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: None, Wood
  • Exterior Features: Balcony, Playground, Patio, Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Desert Front, Grass Back, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: 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, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Other, Rental OK (See Rmks), Self Managed, VA Approved Prjct
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community 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: Lakes Community 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: 7009.0
  • Parcel #: 301-02-401
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mission Viejo

Tax Info

  • Tax Annual Amount: 2854.0
  • Tax Book Number: 301.00
  • Tax Lot: 53
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Gronen Peter
Bought by
Gronen Andreas
Total Days on Market
26
Current Estimated Value
$731,794

Purchase Details

Listed on
Feb 20, 2013
Closed on
May 23, 2013
Sold by
Aschieri Paule C
Bought by
Gronen Peter
Seller's Agent
Leonard Meyer
Heins Realty
Buyer's Agent
Henk Versteeg
HomeSmart
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Feb 19, 2009
Sold by
Bousquet Thierry C
Bought by
Aschieri Paule C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 2004
Sold by
Lagarde Oliver
Bought by
Aschieri Paule C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Dodge N P
Bought by
Aschieri Paule C and Lagarde Olivier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2002
Sold by
Leusink Gerrit J and Booneman Anne S D
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1996
Sold by
Leusink Gerrit J
Bought by
Leusink Gerrit J and Booneman Anouk S D

Purchase Details

Closed on
Jul 15, 1996
Sold by
Alt Richard T and Alt Helen F
Bought by
Leusink Gerrit J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Cash Sale Deed $450,000 Equity Title Agency Inc
Interfamily Deed Transfer -- Old Republic Title Agency
Warranty Deed -- Lawyers Title Ins
Warranty Deed $310,000 Chicago Title
Warranty Deed $310,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Warranty Deed $200,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,500 New Conventional
Previous Owner $57,000 Credit Line Revolving
Previous Owner $224,600 New Conventional
Previous Owner $247,000 Purchase Money Mortgage
Previous Owner $242,000 Unknown
Previous Owner $248,000 Unknown
Previous Owner $248,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Rented $3,500 0.0% --
09/29/2023 09/29/23 Off Market $3,500 -- --
08/31/2023 08/31/23 For Rent $3,500 0.0% --
06/01/2022 06/01/22 Rented $3,500 0.0% --
05/09/2022 05/09/22 Price Changed $3,500 -12.5% $2 / Sq Ft
05/03/2022 05/03/22 Price Changed $4,000 -11.1% $2 / Sq Ft
03/28/2022 03/28/22 For Rent $4,500 0.0% --
05/30/2013 05/30/13 Sold $450,000 -4.1% $184 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $469,000 -- $192 / 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 $4,527 $40,412 -- --
2024 $4,472 $30,835 -- --
2023 $4,472 $51,520 $10,300 $41,220
2022 $3,692 $38,370 $7,670 $30,700
2021 $3,764 $36,130 $7,220 $28,910
2020 $3,639 $34,730 $6,940 $27,790
2019 $3,570 $35,850 $7,170 $28,680
2018 $3,473 $34,350 $6,870 $27,480
2017 $3,365 $34,850 $6,970 $27,880
2016 $3,349 $34,830 $6,960 $27,870
2015 $3,239 $32,130 $6,420 $25,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4893093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-401