NOT LISTED FOR SALE

5532 S Crows Nest Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $566,313 - $591,000

3 Beds
2 Baths
1,652 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2025

Last sale price $593,000 $359 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,557 / mo

3 Days on Market

Highlights

  • Fitness Center
  • 0.17 Acre Lot
  • Community Pool
  • Rover Elementary School Rated 9+
  • Community Lake
  • Tennis Courts

About This Home

As of October 2025

Wonderful opportunity for lakefront living—complete with a pontoon boat! The outdoor spaces have been thoughtfully designed by the homeowner—whether you're enjoying serene lakefront seating or unwinding in the charming courtyard with the soothing sounds of the fountain. Low utilities will be appreciated with the 5kw PV Solar System. The Lakes is one of the Valley's most desirable communities, offering convenience to freeways, ASU, shopping, and popular waterfront dining at Lido & Pier 54. The low HOA fee covers a wide array of amenities: sparkling pool, tennis, pickleball, fitness center, basketball, recreation center & more. Residents enjoy a vibrant calendar of community events, including Family Fun Night, Sunday Yoga, Boo Bash, Happy Hours, Concerts, Turkey Trot, Lighted Boat Parade plus Book and Women's Clubs. Did you know....The Lakes community was the second man-made, master planned waterfront community in America...second to Mission Viejo. It was founded by Arnold Dahlberg, who (along with his bro) invented the Miracle Ear hearing aid.

Last Agent to Sell the Property

Dorothy Turiano

Compass License #SA649765000 Listed on: 10/03/2025

Compass

Last Buyer's Agent

Roger Banks

HomeSmart License #BR544616000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 1971

Lot Details

  • 7,484 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Wire Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Roof Updated in 2025
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Schools

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

Utilities

  • Cooling System Updated in 2025
  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Covered Patio or Porch
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 301-02-445

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Association, Phone Number (480) 838-1023
  • Built by Mission Viejo
  • Lakes Tract F3 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,156

Year Built

Built in 1971

Lot Details

7,484 Sq Ft Lot

HOA Fees

$129 per month

Parking

2

Listing Details

  • Cross Street: Baseline and McClintock
  • 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: 128.67
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2025
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2025
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Solar Panels Grid: On
  • Solar Panelsk W: 5.0
  • Year Built: 1971
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: LAKES TRACT F3
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 358.95
  • Association Fees:HOA Fee2: 386.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1652.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wire
  • Lot Features: Sprinklers In Front, Desert Front, Auto Timer H2O Front
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Concrete
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: 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: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Pickleball, Lake, Community Spa, Community Spa Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 386.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Lakes
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 386.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • 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: 7484.0
  • Parcel #: 301-02-445

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Mission Viejo

Tax Info

  • Tax Annual Amount: 3156.0
  • Tax Book Number: 301.00
  • Tax Lot: 95
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Sep 22, 2025
Sold by
Rector Stephen J and Rector Pamela A
Bought by
Santopadre Michael
Seller's Agent
Dorothy Turiano
Compass
Buyer's Agent
Roger Banks
HomeSmart
List Price
$575,000
Sold Price
$593,000
Premium/Discount to List
$18,000
3.13%
Views
22
Current Estimated Value
$584,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,922
Avg. Annual Appreciation
-3.55%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Dellheim Robert and Dellheim Brianna
Bought by
Rector Stephen J and Rector Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,600
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1998
Sold by
Terry William L and Terry Charlene H
Bought by
Dellheim Robert and Dellheim Brianna
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
Santopadre Michael $593,000 Wfg National Title Insurance C
Rector Stephen J $210,000 Security Title Agency
Dellheim Robert -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rector Stephen J $172,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 Sold $593,000 +3.1% $359 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $575,000 -- $348 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,397 $32,585 -- --
2024 $3,117 $31,034 -- --
2023 $3,117 $45,000 $9,000 $36,000
2022 $2,977 $33,800 $6,760 $27,040
2021 $3,035 $31,550 $6,310 $25,240
2020 $2,935 $29,910 $5,980 $23,930
2019 $2,878 $30,460 $6,090 $24,370
2018 $2,801 $28,630 $5,720 $22,910
2017 $2,714 $28,760 $5,750 $23,010
2016 $2,701 $28,050 $5,610 $22,440
2015 $2,612 $26,020 $5,200 $20,820
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Turiano

    Seller's Agent in 2025

    Dorothy Turiano

    Compass

    (602) 499-2910

    1 in this area

    35 Total Sales

    Dorothy Turiano
    Section Image
  • Roger Banks

    Buyer's Agent in 2025

    Roger Banks

    HomeSmart

    (602) 697-7170

    1 in this area

    35 Total Sales

    Roger Banks
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6927781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-445

Arizona Maricopa County Tempe 85283 The Lakes

5532 S Crows Nest Rd, Tempe, AZ

Not Listed for Sale

Detached

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

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