5605 S Sailors Reef Rd Tempe, AZ 85283
The Lakes NeighborhoodEstimated Value: $451,000 - $523,000
2
Beds
2
Baths
1,300
Sq Ft
$364/Sq Ft
Est. Value
Highlights
- Fitness Center
- Private Pool
- Clubhouse
- Rover Elementary School Rated A-
- Community Lake
- Granite Countertops
About This Home
As of July 2015Here in The Lakes, you're located only a few steps away from breathtaking lakes as well as a community pool, spa, volleyball court, bocce ball court, basketball court, clubhouse and multiple tennis courts. Inside this 2 bedroom, 1.75 bathroom, 2 car garage home, you will find neutral carpet and tile flooring, a spacious living room and beautifully remodeled kitchen with granite counters, island with breakfast bar, stainless steel appliances, recessed lighting, all overlooking the retreat-like back yard. In the back yard, you will love the lush, mature landscaping surrounding the sparkling private pool and sun deck. Additional features include: newer window treatments, ceiling fans in almost every room, and new sink faucets in both bathrooms. Welcome home!
Last Agent to Sell the Property
Doug Hill
Coldwell Banker Realty License #BR525638000 Listed on: 06/11/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,748
Year Built
- Built in 1971
Lot Details
- 5,009 Sq Ft Lot
- Desert faces the back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
HOA Fees
- $97 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Solar Screens
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Bathrooms
Outdoor Features
- Private Pool
- Patio
Schools
- Rover Elementary School
- FEES College Preparatory Middle School
- Marcos De Niza High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 301-02-241
Community Details
Overview
- Association fees include ground maintenance
- The Lakes Association, Phone Number (480) 838-1023
- Lakes Subdivision
- Community Lake
Amenities
- Clubhouse
- Recreation Room
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Heated Community Pool
- Community Spa
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2015
Closed on
Jul 21, 2015
Sold by
Montesano Mark and Montesano Deborah
Bought by
Hand Jennifer L
Seller's Agent
Doug Hill
Coldwell Banker Realty
Buyer's Agent
Linda Tummolo
Realty ONE Group
List Price
$242,000
Sold Price
$238,560
Premium/Discount to List
-$3,440
-1.42%
Total Days on Market
4
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
$234,455
Avg. Annual Appreciation
6.96%
Original Mortgage
$190,848
Outstanding Balance
$151,885
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$310,939
Purchase Details
Listed on
Mar 23, 2013
Closed on
Mar 26, 2013
Sold by
Aab Fund Llc
Bought by
Montesano Mark and Montesano Deborah
Seller's Agent
Arlyn Baddour
HomeSmart
Buyer's Agent
Doug Hill
Coldwell Banker Realty
List Price
$219,900
Sold Price
$219,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$159,900
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2013
Closed on
Feb 22, 2013
Sold by
Pereda Cynthia
Bought by
Aab Fund Llc
Seller's Agent
Arlyn Baddour
HomeSmart
Buyer's Agent
Doug Hill
Coldwell Banker Realty
List Price
$219,900
Sold Price
$219,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2005
Sold by
Manning D Patrick and Manning Martha G
Bought by
Pereda Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2005
Sold by
Lewis Sherman L and Lewis Shauna G
Bought by
Manning D Patrick and Manning Martha G
Purchase Details
Closed on
Sep 12, 2003
Sold by
Pecoraro John
Bought by
Lewis Sherman L and Lewis Shauna G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2002
Sold by
Capp Richard P and Capp Dana L
Bought by
Pecoraro John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
6.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2000
Sold by
Viteri Michael C and Viteri Cathryn J
Bought by
Capp Richard P and Capp Dana L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.86%
Mortgage Type
New Conventional
Similar Homes in Tempe, AZ
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hand Jennifer L | $238,560 | Harmony Title Agency Inc | |
| Montesano Mark | $219,900 | First American Title Ins Co | |
| Aab Fund Llc | $165,800 | None Available | |
| Pereda Cynthia | $265,000 | Ticor Title Agency Of Az Inc | |
| Manning D Patrick | $215,000 | First American Title Ins Co | |
| Lewis Sherman L | $155,000 | First American Title Ins Co | |
| Pecoraro John | $145,000 | First American Title | |
| Capp Richard P | $140,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hand Jennifer L | $190,848 | |
| Previous Owner | Snagwood Corporation | $315,000 | |
| Previous Owner | Montesano Mark | $159,900 | |
| Previous Owner | Pereda Cynthia | $212,000 | |
| Previous Owner | Lewis Sherman L | $124,000 | |
| Previous Owner | Pecoraro John | $134,100 | |
| Previous Owner | Capp Richard P | $112,000 | |
| Previous Owner | Viteri Michael C | $77,797 | |
| Closed | Lewis Sherman L | $13,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2015 07/29/15 | Sold | $238,560 | -1.4% | $184 / Sq Ft |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- |
| 06/11/2015 06/11/15 | For Sale | $242,000 | +10.1% | $186 / Sq Ft |
| 04/12/2013 04/12/13 | Sold | $219,900 | 0.0% | $170 / Sq Ft |
| 03/25/2013 03/25/13 | Pending | -- | -- | -- |
| 03/21/2013 03/21/13 | For Sale | $219,900 | -- | $170 / 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 | $2,155 | $22,257 | -- | -- |
| 2024 | $2,129 | $21,197 | -- | -- |
| 2023 | $2,129 | $34,800 | $6,960 | $27,840 |
| 2022 | $2,033 | $26,720 | $5,340 | $21,380 |
| 2021 | $2,073 | $24,730 | $4,940 | $19,790 |
| 2020 | $2,004 | $22,460 | $4,490 | $17,970 |
| 2019 | $1,966 | $21,250 | $4,250 | $17,000 |
| 2018 | $1,913 | $18,910 | $3,780 | $15,130 |
| 2017 | $1,853 | $17,670 | $3,530 | $14,140 |
| 2016 | $1,845 | $16,320 | $3,260 | $13,060 |
| 2015 | $1,784 | $14,970 | $2,990 | $11,980 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2015
Doug Hill
Coldwell Banker Realty
(714) 832-0020
18 Total Sales
-
Linda Tummolo
Buyer's Agent in 2015
Linda Tummolo
Realty One Group
(480) 710-6314
49 Total Sales
-
Arlyn Baddour
A
Seller's Agent in 2013
Arlyn Baddour
HomeSmart
(602) 312-7831
17 Total Sales
-
J
Buyer's Agent in 2013
J PLLC
Red Brick Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5292856
APN: 301-02-241
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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