$540,000
SOLD JAN 13, 2020

5602 S Crows Nest Rd Tempe, AZ 85283

The Lakes Neighborhood
5 Beds
4 Baths
3,822 Sq Ft
8,991 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

23% Below List Price

88 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • 0.21 Acre Lot
  • Rover Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of April 2021

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 3800 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 large wood burning fireplace. The master suite has been beautifully updated and has a private balcony with awesome lake views. Broker is related to the Seller.

Last Agent to Sell the Property

Jim Gourley

James Craig Real Estate License #BR091295000 Listed on: 09/29/2019

Last Buyer's Agent

Zach Molbreak

ZRM Real Estate License #BR625048000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,311

Year Built

  • Built in 1971

Lot Details

  • 8,991 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Backyard Sprinklers

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

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

Interior Spaces

  • 3,822 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number 301-02-443

Community Details

Overview

  • Association fees include (see remarks)
  • The Lakes Association, Phone Number (480) 838-1023
  • Lakes Tract F3 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

$6,311

Year Built

Built in 1971

Lot Details

0

HOA Fees

$103 per month

Parking

1

Listing Details

  • Cross Street: Baseline & McClintock
  • 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
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1971
  • Tax Year: 2019
  • Directions: South on McClintock, West on Southshore, North on Crows Nest
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: LAKES TRACT F3
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 310.0
  • 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
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs
  • Living Area: 3822.0
  • 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
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear
  • Pool Features: Fenced, Private
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Window/Wall Unit
  • 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, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 310.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Lakes
  • Association Fees:HOA Telephone4: 480-838-1023
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: 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: 8991.0
  • Parcel #: 301-02-443

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 6311.0
  • Tax Book Number: 301.00
  • Tax Lot: 93
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 12, 2021
Sold by
Schober Robert J and Bob Schober Trust
Bought by
Gronen Andreas Giovanni Paolo
Seller's Agent
Lindsey Deering
My Home Group Real Estate
Buyer's Agent
Jacqueline Page
Realty ONE Group
List Price
$1,025,000
Sold Price
$865,000
Premium/Discount to List
-$160,000
-15.61%
Current Estimated Value
$1,090,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,065
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Aug 26, 2020
Sold by
Schober Robert
Bought by
Schober Robert and Bob Schober Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2019
Closed on
Dec 20, 2019
Sold by
Woodworth Elizabeth
Bought by
Schober Robert
Seller's Agent
Jim Gourley
James Craig Real Estate
Buyer's Agent
Zach Molbreak
ZRM Real Estate
List Price
$699,000
Sold Price
$540,000
Premium/Discount to List
-$159,000
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$432,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2019
Closed on
Dec 13, 2019
Sold by
Gourley John C and Gourley Clara L
Bought by
Schober Robert
Seller's Agent
Jim Gourley
James Craig Real Estate
Buyer's Agent
Zach Molbreak
ZRM Real Estate
List Price
$699,000
Sold Price
$540,000
Premium/Discount to List
-$159,000
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2004
Sold by
Gourley John C and Gourley Clara L
Bought by
Gourley John C and Gourley Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,001
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2004
Sold by
Gourley John C and Gourley Clara L
Bought by
Gourley John C and Gourley Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,001
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 2002
Sold by
Gourley John C and Gourley Clara L
Bought by
Gourley John C and Gourley Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,300
Interest Rate
5.99%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Gourley John C and Gourley Clara L
Bought by
Gourley John C and Gourley Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $865,000 Old Republic Title Agency
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- First American Title Ins Co
Warranty Deed $540,000 First American Title Ins Co
Interfamily Deed Transfer -- Transnation Title Insurance
Interfamily Deed Transfer -- Transnation Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Nations Title Insurance Of A
Interfamily Deed Transfer -- Nations Title Insurance Of A
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $508,000 New Conventional
Previous Owner $432,000 New Conventional
Previous Owner $368,000 New Conventional
Previous Owner $175,001 Unknown
Previous Owner $75,300 No Value Available
Previous Owner $115,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $865,000 -1.1% $226 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $875,000 -7.8% $229 / Sq Ft
03/10/2021 03/10/21 Price Changed $949,000 -7.4% $248 / Sq Ft
03/06/2021 03/06/21 For Sale $1,025,000 +89.8% $268 / Sq Ft
01/13/2020 01/13/20 Sold $540,000 -9.8% $141 / Sq Ft
11/06/2019 11/06/19 Price Changed $599,000 -9.1% $157 / Sq Ft
10/08/2019 10/08/19 Price Changed $659,000 -5.7% $172 / Sq Ft
10/08/2019 10/08/19 For Sale $699,000 +29.4% $183 / Sq Ft
09/30/2019 09/30/19 Off Market $540,000 -- --
09/29/2019 09/29/19 For Sale $699,000 -- $183 / 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 $6,441 $62,854 -- --
2024 $6,356 $59,861 -- --
2023 $6,356 $74,760 $14,950 $59,810
2022 $6,072 $54,470 $10,890 $43,580
2021 $6,118 $51,710 $10,340 $41,370
2020 $6,773 $51,200 $10,240 $40,960
2019 $6,311 $52,920 $10,580 $42,340
2018 $6,140 $52,530 $10,500 $42,030
2017 $5,939 $55,310 $11,060 $44,250
2016 $5,893 $59,370 $11,870 $47,500
2015 $5,636 $54,930 $10,980 $43,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5984940

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-443