NOT LISTED FOR SALE

5612 S Clambake Bay Ct Unit C Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $320,000 - $339,000

2 Beds
2.5 Baths
1,242 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $148,588 $120 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,103/month

106 Days on Market

Highlights

  • Two Primary Bathrooms
  • Community Lake
  • Covered Patio or Porch
  • Rover Elementary School Rated A-
  • Community Pool
  • Tile Flooring

About This Home

As of April 2017

Property Id: 1623167

This completely remodeled 2-bedroom, 2 1/2 bath townhome offers 1,250 square feet of amazing space, 2 in-suite bedrooms, an epoxied garage, and a fully enclosed patio space . Pool front property with incredible maintenance. Part of the prestigious and beautiful Lakes community in Tempe, occupants will be members of the tennis and swim club with access to a gorgeous olympic style pool with lake views, 4 pickle ball courts, 2 tennis courts, racket ball court, a basketball court, and a full gym. Excellent school district and ideally located with quick access to airport, downtown Phoenix and Scottsdale, this is an incredible property!

Owner pays for HOA fees which grant access to gym/pool and all amenities. Renter responsible for all utilities. First and last months rent due at signing. No smoking allowed. Small dogs (up to 20lbs.) permitted.

Last Agent to Sell the Property

David Rod

Keller Williams Arizona Realty License #BR030757000 Listed on: 11/17/2016

Keller Williams Arizona Realty

Co-Listed By

Cameron Rod

Keller Williams Arizona Realty License #SA665476000

Last Buyer's Agent

David Rod

Keller Williams Arizona Realty License #BR030757000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $972

Year Built

  • Built in 1971

Lot Details

  • 607 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,242 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 3 / R
  • Assessor Parcel Number 301-93-071

Community Details

Overview

  • Association fees include no fees
  • Cornerstone Association, Phone Number (602) 433-0331
  • Lake Park Villas Association, Phone Number (602) 433-0331
  • Association Phone (602) 433-0331
  • Built by MISSION VIEJO
  • Lake Park Villas Aka The Lakes Subdivision
  • Community Lake

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$972

Year Built

Built in 1971

Lot Details

0

HOA Fees

$298 per month

Parking

1

Listing Details

  • Cross Street: Baseline Rd & Rural Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Lake Park Villas
  • HOA #2 Phone Number: 602-433-0331
  • HOA #2 Transfer Fee: 200.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 297.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2016
  • Directions: Head south on S Rural Rd. Turn left onto Southshore Dr. Turn left onto Clambake Bay Ct.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: rxpm01
  • Co List Office Phone: 480-585-5959
  • Subdivision Name: LAKE PARK VILLAS AKA THE LAKES
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 198.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 1242.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Lake Subdivision: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Lake Subdivision
  • Amenities: None
  • Association #2 Fee: 299.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 198.0
  • Association Fee Frequency: Monthly
  • Association: Lake Park Villas
  • Association Name: Lake Park Villas
  • Association Phone #2: 602-433-0331
  • Phone: 602-433-0331
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lake Park Villas
  • Association Fees:HOA Telephone4: 602-433-0331
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Cornerstone
  • Association Fees:HOA Management Phone: 602-433-0331
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 607.0
  • Parcel #: 301-93-071
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: MISSION VIEJO

Tax Info

  • Tax Annual Amount: 972.0
  • Tax Block: R
  • Tax Book Number: 301.00
  • Tax Lot: 3
  • Tax Map Number: 93.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Apr 21, 2017
Sold by
The Secretary Of Hud
Bought by
Kiviko Matthew J
Seller's Agent
David Rod
Keller Williams Arizona Realty
Buyer's Agent
David Rod
Keller Williams Arizona Realty
List Price
$147,600
Sold Price
$148,588
Premium/Discount to List
$988
0.67%
Current Estimated Value
$326,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,695
Avg. Annual Appreciation
9.79%
Original Mortgage
$118,870
Outstanding Balance
$99,385
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$226,898

Purchase Details

Closed on
Apr 28, 2015
Sold by
Selene Finance Lp
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 12, 2014
Sold by
Oaxaca Raul
Bought by
Selene Finance Lp

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bedell Kathryn H
Bought by
Oaxaca Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2002
Sold by
Smith Margaret Kay
Bought by
Bedell Kathryn H

Purchase Details

Closed on
Aug 26, 1996
Sold by
Quitiquit Max and Quitiquit Deloris J
Bought by
Smith Margaret Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1996
Sold by
Hudman Steve Eli
Bought by
Quitiquit Max and Quitiquit Deloris J
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Kiviko Matthew J $148,588 Driggs Title Agency Inc
Secretary Of Housing & Urban Development -- None Available
Selene Finance Lp $222,565 None Available
Oaxaca Raul $175,000 North American Title Company
Bedell Kathryn H $102,000 Old Republic Title Ins Agenc
Smith Margaret Kay $50,000 Security Title Agency
Quitiquit Max $40,300 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiviko Matthew J $118,870
Previous Owner Oaxaca Raul $172,296
Previous Owner Smith Margaret Kay $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Off Market $2,100 -- --
11/21/2024 11/21/24 For Rent $2,100 0.0% --
11/21/2024 11/21/24 Price Changed $2,100 -4.5% $2 / Sq Ft
10/09/2024 10/09/24 For Rent $2,200 0.0% --
04/24/2017 04/24/17 Sold $148,588 +0.7% $120 / Sq Ft
04/18/2017 04/18/17 Price Changed $147,600 0.0% $119 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $147,600 -0.7% $119 / Sq Ft
03/01/2017 03/01/17 Off Market $148,588 -- --
01/12/2017 01/12/17 Pending -- -- --
12/22/2016 12/22/16 Price Changed $147,600 -10.0% $119 / Sq Ft
11/17/2016 11/17/16 For Sale $164,000 -- $132 / 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 $985 $10,177 -- --
2024 $973 $9,692 -- --
2023 $973 $22,110 $4,420 $17,690
2022 $930 $17,720 $3,540 $14,180
2021 $948 $16,880 $3,370 $13,510
2020 $917 $15,800 $3,160 $12,640
2019 $899 $14,160 $2,830 $11,330
2018 $875 $12,820 $2,560 $10,260
2017 $847 $11,350 $2,270 $9,080
2016 $972 $9,960 $1,990 $7,970
2015 $934 $8,410 $1,680 $6,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5526611

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-93-071