$219,900
SOLD APR 12, 2013

5605 S Sailors Reef Rd Tempe, AZ 85283

The Lakes Neighborhood
2 Beds
2 Baths
1,294 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

4 Days on Market

Highlights

  • Private Pool
  • 1 Fireplace
  • Eat-In Kitchen
  • Rover Elementary School Rated A-
  • Granite Countertops
  • Kitchen Island

About This Home

As of July 2015

Wow walking distant from the lake fully remodeled home inside out in one of the best Tempe neighborhoods.
Start with inside kitchen have great cabinets with top granite and great glass back splash, under mount stainless steel sink new faucet , stainless steel appliances, tile in all the right areas, new carpet, fully remodeled bath rooms with tile in shower all the way to the ceiling, b/rooms have new closet doors freshly painted custom colors inside out, new lighting , new A/C and Furnes, the pool got just replanted, new garage door with electric opener cozy fire place , house is open and great move in condition see pictures. Close to ASU, the city and all the activity must see

Last Agent to Sell the Property

Arlyn Baddour

HomeSmart License #SA581449000 Listed on: 03/23/2013

HomeSmart

Last Buyer's Agent

Doug Hill

Coldwell Banker Realty License #BR525638000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1971

Lot Details

  • 5,009 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Pets Ok (See Rmrks); Association
  • Built by Mission Viejo
  • The Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 301-02-241

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,350

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 70.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1971
  • Tax Year: 2012
  • Directions: Baseline/Rural Directions: Go East on Baseline to Lakeshore DR, Right on Lakeshore, Left on Southshore, second left on Sailors Reef
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.12
  • Subdivision Name: The Lakes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 210.0
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 1294.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association Name: Pets OK (See Rmrks);
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pets OK (See Rmrks);
  • Association Fees:HOA Telephone4: 0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Rover Elementary School
  • High School: Marcos De Niza High School
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5009.0
  • Parcel #: 301-02-241
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mission Viejo

Tax Info

  • Tax Annual Amount: 2350.0
  • Tax Book Number: 301.00
  • Tax Lot: 000
  • Tax Map Number: 2.00

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%
Current Estimated Value
$452,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,422
Avg. Annual Appreciation
6.89%
Original Mortgage
$190,848
Outstanding Balance
$151,885
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$313,039

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
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 $238,560 Harmony Title Agency Inc
Warranty Deed $219,900 First American Title Ins Co
Trustee Deed $165,800 None Available
Warranty Deed $265,000 Ticor Title Agency Of Az Inc
Cash Sale Deed $215,000 First American Title Ins Co
Warranty Deed $155,000 First American Title Ins Co
Warranty Deed $145,000 First American Title
Warranty Deed $140,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,848 New Conventional
Previous Owner $315,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $159,900 New Conventional
Previous Owner $212,000 Purchase Money Mortgage
Previous Owner $124,000 New Conventional
Previous Owner $134,100 New Conventional
Previous Owner $112,000 New Conventional
Previous Owner $77,797 FHA
Closed $13,000 No Value Available
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

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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4909048

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-241