NOT LISTED FOR SALE

5521 S Waverly Way Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $867,382 - $969,000

4 Beds
2.5 Baths
2,654 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $652,500 $246 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,346/month

18 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Rover Elementary School Rated A-
  • 0.23 Acre Lot
  • Vaulted Ceiling

About This Home

As of March 2021

AMAZING REMODELED in entire home that is WATERFRONT HOME in The Lakes! True 4 bedroom/2.5 bath, interior laundry room. Enjoy your FIVE exterior different decks/vignettes & walk to your private dock! The waterfront view greet you from all windows in the back and beckon to just take it all in. Wood Flooring, Travertine Stone tile to custom fireplace in great room. Then there is Family Room that overlooks water ! Chef's delights in the kitchen overlooking water.. 4 years old in total remodel. Granite, Stainless steel, large breakfast bar island. Master Suite has private balcony waterview, remodeled master bath also! Roof has been replaced by prior owner too! Backyard has so many areas to enjoy including tranquil fountain. Heated pool, Tennis courts thru The Lakes HOA.

Last Agent to Sell the Property

Cynthia Dewine

Russ Lyon Sotheby's International Realty License #BR532584000 Listed on: 01/23/2021

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

April Peterson

Century 21 Arizona Foothills License #SA545893000

Century 21 Arizona Foothills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 1974

Lot Details

  • 10,115 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,654 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 301-02-163

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes HOA, Phone Number (480) 838-1023
  • Lakes Tract B Subdivision
  • Community Lake

Amenities

  • 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

$4,762

Year Built

Built in 1974

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Cross Street: Baseline and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 106.67
  • Basement: N
  • Bathrooms Year Updated: 2016
  • Items Updated Floor Yr Updated: 2016
  • Items Updated Kitchen Yr Updated: 2016
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2020
  • Directions: East on Baseline/South on Lakeshore /Right on Sandpiper/Left on Waverly to home in Cul-del-sac,
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: LAKES TRACT B
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 320.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2654.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Auto Timer H2O Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): 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: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 320.0
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 10115.0
  • Parcel #: 301-02-163

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 4762.0
  • Tax Book Number: 301.00
  • Tax Lot: 12
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 2, 2021
Sold by
Whelpley Gordon and The Whelpley Family Trust
Bought by
Steiner Eric
Seller's Agent
Cynthia Dewine
Russ Lyon Sotheby's International Realty
Buyer's Agent
April Peterson
Century 21 Arizona Foothills
List Price
$645,000
Sold Price
$652,500
Premium/Discount to List
$7,500
1.16%
Current Estimated Value
$906,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,346
Avg. Annual Appreciation
7.47%
Original Mortgage
$587,250
Outstanding Balance
$527,623
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$379,223

Purchase Details

Listed on
Jul 1, 2019
Closed on
Oct 24, 2019
Sold by
Cutter Christopher S and Cutter Gay G
Bought by
Whelpley Gordon and The Whelpley Family Trust
Seller's Agent
Jason Vaught
Realty Executives
Buyer's Agent
Leann Landberg
DRH Properties Inc
List Price
$693,500
Sold Price
$595,000
Premium/Discount to List
-$98,500
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Cutter Christopher S and Cutter Gay Gadbois
Bought by
The Christopher & Gay Cutter Family Trus and Cutter Gay G

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jun 26, 2015
Sold by
Kirchgraber Paul R and Melinda Carr C
Bought by
Cutter Christopher S and Cutter Gay Gadbois
Seller's Agent
Nick Bastian
Realty Executives Arizona Territory
Buyer's Agent
Thomas Welch
HomeSmart
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2004
Sold by
Boles Randolph L and Boles Julie A
Bought by
Kirchgraber Paul R and Melinda Carr C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 1995
Sold by
Baxter Howard L
Bought by
Boles Randolph L and Boles Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.5%
Mortgage Type
Trade
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Steiner Eric $652,500 Magnus Title Agency Llc
Whelpley Gordon $595,000 First Arizona Title Agency
The Christopher & Gay Cutter Family Trus -- Accommodation
Cutter Christopher S $525,000 Driggs Title Agency Inc
Kirchgraber Paul R $462,000 First American Title Ins Co
Boles Randolph L $270,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steiner Eric $587,250
Previous Owner Cutter Christopher S $417,000
Previous Owner Kirchgraber Paul R $369,600
Previous Owner Boles Randolph L $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $652,500 +1.2% $246 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $645,000 0.0% $243 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $645,000 +8.4% $243 / Sq Ft
10/30/2019 10/30/19 Sold $595,000 -3.3% $224 / Sq Ft
10/02/2019 10/02/19 Price Changed $615,000 -5.4% $232 / Sq Ft
08/30/2019 08/30/19 Price Changed $649,900 -2.9% $245 / Sq Ft
07/29/2019 07/29/19 Price Changed $669,000 -3.5% $252 / Sq Ft
07/01/2019 07/01/19 For Sale $693,500 +32.1% $261 / Sq Ft
07/10/2015 07/10/15 Sold $525,000 -0.8% $198 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
06/04/2015 06/04/15 Price Changed $529,000 -3.8% $199 / Sq Ft
04/15/2015 04/15/15 For Sale $550,000 -- $207 / 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 $5,173 $51,537 -- --
2024 $5,104 $49,083 -- --
2023 $5,104 $61,970 $12,390 $49,580
2022 $4,871 $44,520 $8,900 $35,620
2021 $4,930 $42,750 $8,550 $34,200
2020 $4,762 $41,520 $8,300 $33,220
2019 $4,661 $41,030 $8,200 $32,830
2018 $4,530 $38,370 $7,670 $30,700
2017 $4,377 $35,410 $7,080 $28,330
2016 $4,342 $37,560 $7,510 $30,050
2015 $4,147 $35,020 $7,000 $28,020
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Dewine

    Seller's Agent in 2021

    Cynthia Dewine

    Russ Lyon Sotheby's International Realty

    (480) 703-7997

    1 in this area

    143 Total Sales

    Cynthia Dewine
    Section Image
  • April Peterson

    Buyer's Agent in 2021

    April Peterson

    Century 21 Arizona Foothills

    (602) 373-9009

    1 in this area

    29 Total Sales

    April Peterson
    Section Image

  • J

    Seller's Agent in 2019

    Jason Vaught

    Realty Executives

  • A

    Seller Co-Listing Agent in 2019

    Adam Vaught

    Realty Executives

  • Leann Landberg

    Buyer's Agent in 2019

    Leann Landberg

    DRH Properties Inc

    (480) 427-7821

    233 Total Sales

    Leann Landberg
    Section Image
  • Trenna Farrell

    Buyer Co-Listing Agent in 2019

    Trenna Farrell

    Real Broker

    (480) 820-3333

    1 in this area

    61 Total Sales

    Trenna Farrell
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6183254

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-163

Arizona Maricopa County Tempe 85283 The Lakes

5521 S Waverly Way, Tempe, AZ

This home is located at 5521 S Waverly Way, Tempe, AZ 85283 since 23 January 2021 and is currently estimated at $906,846, approximately $341 per square foot. This property was built in 1974. 5521 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

Nearby Homes