5521 S Waverly Way Tempe, AZ 85283
The Lakes Neighborhood
4
Beds
2.5
Baths
2,654
Sq Ft
10,019
Sq Ft Lot
About This Home
As of March 2021This is a truly spectacular executive style home located on a stunning lakefront lot in The Lakes in Tempe. The multiple patios and a private boat dock make a great setting for entertaining family and friends.
Over 2650 square feet located on a quiet cul-de-sac lot. At nearly every turn, you are greeted with some absolutely stunning lake views! You’ll love the Oak wood and Travertine flooring, the large wood burning fireplace, the eat-in kitchen with a large bay window with its amazing view and Stainless Steel appliances. The master suite has been beautifully updated and had a private balcony with awesome lake views. The lush back yard has FIVE decks for outdoor entertaining along with your private boat dock. This really is an entertainers paradise. Take a look!
Last Agent to Sell the Property
Realty Executives Arizona Territory License #SA045994000 Listed on: 04/15/2015
Last Buyer's Agent
Thomas E. Welch
HomeSmart License #SA017859000
Home Details
Home Type
Single Family
Est. Annual Taxes
$5,173
Year Built
1974
Lot Details
0
HOA Fees
$97 per month
Parking
2
Listing Details
- Cross Street: Baseline & Rural
- 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
- Parking Spaces Total Covered Spaces: 2.0
- Separate Den Office Sep Den Office: N
- Year Built: 1974
- Tax Year: 2014
- Directions: East on Baseline to Lakeshore - South to Sandpiper - West to Waverly - South to property.
- Property Sub Type: Single Family Residence
- Horses: No
- Lot Size Acres: 0.23
- Subdivision Name: The Lakes
- Efficiency: Multi-Zones
- Property Attached Yn: No
- Association Fees:HOA Fee2: 290.0
- 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
- Special Features: None
Interior Features
- Flooring: Carpet, Tile, Wood
- Basement YN: No
- Spa Features: None
- Possible Bedrooms: 4
- Total Bedrooms: 4
- Fireplace Features: 1 Fireplace
- Fireplace: Yes
- Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Living Area: 2654.0
- Stories: 2
- Community Features:ClubhouseRec Room: Yes
- Kitchen Features:RangeOven Elec: Yes
- Kitchen Features:Built-in Microwave: Yes
- Community Features:BikingWalking Path: Yes
- Community Features:Comm Tennis Court(s): Yes
- Community Features:Community Spa Htd: Yes
- Community Features:Workout Facility: Yes
- Kitchen Features Pantry: Yes
- Other Rooms:Family Room: Yes
- Community Features:HandballRacquetball: Yes
- Community Features:Children_squote_s Playgrnd: Yes
- Community Features:Lake: Yes
Exterior Features
- Fencing: Block, Wrought Iron
- Exterior Features: Other, Balcony, Private Yard
- Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front
- Pool Features: None
- Pool Private: No
- Waterfront: Yes
- Disclosures: Agency Discl Req, Seller Discl Avail
- Home Warranty: Yes
- Construction Type: Stucco, Painted, Block
- Patio And Porch Features: Covered Patio(s), Patio
- Roof: Tile
- 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
- Exterior Features:Other6: Yes
Garage/Parking
- Total Covered Spaces: 2.0
- Parking Features: Garage Door Opener
- Attached Garage: No
- Garage Spaces: 2.0
- Parking Features:Garage Door Opener: Yes
Utilities
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Electric
- Laundry Features: Wshr/Dry HookUp Only
- 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, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
- Association Fee: 290.0
- Association Fee Frequency: Quarterly
- Association Name: Lakes Community Assn
- 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 Assn
- 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_: $
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: 4036.0
- 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,631
Avg. Annual Appreciation
7.75%
Original Mortgage
$587,250
Outstanding Balance
$532,375
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$374,471
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
AZ Brokerage Holdings, LLC
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 E. 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
5.58%
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
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $652,500 | Magnus Title Agency Llc | |
| Warranty Deed | $595,000 | First Arizona Title Agency | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $525,000 | Driggs Title Agency Inc | |
| Warranty Deed | $462,000 | First American Title Ins Co | |
| Joint Tenancy Deed | $270,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $587,250 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $304,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $369,600 | New Conventional | |
| Previous Owner | $235,800 | Unknown | |
| Previous Owner | $215,000 | Trade |
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
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
-
Seller's Agent in 2021
Cynthia Dewine
Russ Lyon Sotheby's International Realty
(480) 703-7997
1 in this area
149 Total Sales
-
Buyer's Agent in 2021
April Peterson
Century 21 Arizona Foothills
(602) 373-9009
1 in this area
31 Total Sales
-
Seller's Agent in 2019
Jason Vaught
Realty Executives
(480) 706-1936
86 Total Sales
-
Seller Co-Listing Agent in 2019
Adam Vaught
Realty Executives
(480) 612-4432
59 Total Sales
-
Buyer's Agent in 2019
Leann Landberg
DRH Properties Inc
(480) 427-7821
229 Total Sales
-
Buyer Co-Listing Agent in 2019
Trenna Farrell
Real Broker
(480) 820-3333
60 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5265749
APN: 301-02-163
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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