NOT LISTED FOR SALE

5523 S Compass Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $881,000 - $936,409

4 Beds
3 Baths
2,953 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $560,000 $190 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,317/month

4 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • Private Pool
  • 0.22 Acre Lot
  • Vaulted Ceiling

About This Home

As of January 2020

Light & bright 4 bedrooms plus game/bonus room,3 full bathrooms home is nestled on a spacious waterfront lot in the desirable The Lakes in Tempe! Original owner and built to live like a beach house, this home has vaulted ceilings, fireplace in the living room & lots of windows providing a beautiful view to the backyard & lake. Bedroom and full bathroom downstairs & the game/bonus room could be a 5th bedroom. Backyard oasis is built for entertaining & has a diving pool, expansive covered patio, deck off master bedroom & private boat dock for lake access. 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. You wouldn't just be buying this home, you'd also be buying a lifestyle!

Last Agent to Sell the Property

Pamm Seago-Peterlin

Century 21 Seago License #SA021333000 Listed on: 10/28/2019

Century 21 Seago

Last Buyer's Agent

Beth Backus Roth

Locality Real Estate License #BR529619000

Locality Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1977

Lot Details

  • 9,596 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,953 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Property is near bus stop

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 301-02-815

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • The Lakes HOA, Phone Number (480) 838-1023
  • Built by Beckham Construction Company
  • Lakes Tract D2 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,858

Year Built

Built in 1977

Lot Details

0

HOA Fees

$103 per month

Parking

3

Listing Details

  • Cross Street: Rural Rd and Baseline 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: 103.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1977
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: LAKES TRACT D2
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 189.63
  • Association Fees:HOA Fee2: 310.0
  • 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 Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Softener Rented, Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 2953.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: 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:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: 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: Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 310.0
  • 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: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: 9596.0
  • Parcel #: 301-02-815

Building Info

  • Builder Name: Beckham Construction Company

Tax Info

  • Tax Annual Amount: 4858.0
  • Tax Book Number: 301.00
  • Tax Lot: 114
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Jan 17, 2020
Sold by
Kirkman Donald W and The Kirkman Revocable Trust
Bought by
Roth Christopher C and Roth Summer M
Seller's Agent
Pamm Seago-Peterlin
Century 21 Seago
Buyer's Agent
Beth Backus Roth
Locality Real Estate
List Price
$569,900
Sold Price
$560,000
Premium/Discount to List
-$9,900
-1.74%
Current Estimated Value
$906,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,102
Avg. Annual Appreciation
8.45%
Original Mortgage
$459,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Kirkman Donald W
Bought by
Kirkman Donald W and Survivors Trust Of The Kirkman Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,382
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Kirkman Donald W
Bought by
Kirkman Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 1996
Sold by
Kirkman Donald W and Kirkman Anna L
Bought by
Kirkman Donald W and Kirkman Anna L
Source: Public Records
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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
Roth Christopher C $560,000 First American Title Ins Co
Kirkman Donald W -- None Available
Kirkman Donald W -- None Available
Kirkman Donald W -- None Available
Kirkman Donald W -- None Available
Kirkman Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Christopher C $468,000
Closed Roth Christopher C $459,200
Previous Owner Kirkman Donald W $109,382
Previous Owner Kirkman Donald W $125,000
Previous Owner Kirkman Donald W $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $560,000 -1.7% $190 / Sq Ft
10/28/2019 10/28/19 For Sale $569,900 -- $193 / 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 $5,711 $52,656 -- --
2024 $5,227 $50,148 -- --
2023 $5,227 $63,080 $12,610 $50,470
2022 $4,990 $45,630 $9,120 $36,510
2021 $5,028 $43,320 $8,660 $34,660
2020 $4,963 $42,470 $8,490 $33,980
2019 $4,858 $44,010 $8,800 $35,210
2018 $4,722 $42,320 $8,460 $33,860
2017 $4,564 $43,570 $8,710 $34,860
2016 $4,527 $46,120 $9,220 $36,900
2015 $4,325 $42,670 $8,530 $34,140
Source: Public Records

Agents Affiliated with this Home

  • Pamm Seago-Peterlin

    Seller's Agent in 2020

    Pamm Seago-Peterlin

    Century 21 Seago

    (480) 703-7355

    12 in this area

    155 Total Sales

    Pamm Seago-Peterlin
    Section Image
  • Beth Backus Roth

    Buyer's Agent in 2020

    Beth Backus Roth

    Locality Real Estate

    (602) 509-1610

    1 in this area

    31 Total Sales

    Beth Backus Roth
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5997741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-815

Arizona Maricopa County Tempe 85283 The Lakes

5523 S Compass Rd, Tempe, AZ

Not Listed for Sale

Detached

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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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