$230,000
SOLD APR 27, 2016

5614 S Rocky Point Rd Tempe, AZ 85283

The Lakes Neighborhood
3 Beds
2 Baths
2,303 Sq Ft
5,201 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

7% Below List Price

15 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Covered Patio or Porch
  • Rover Elementary School Rated A-
  • Vaulted Ceiling
  • Community Playground

About This Home

As of May 2022

$$ Save Thousands $$ This home on Rocky Point is going to rock your world! Situated in an established and highly desirable Tempe Lakes community, this beautiful home features, 3 bedrooms, 2 baths, formal living room with soaring ceilings and fireplace, formal dining room, and family room. Enjoy a full bathroom downstairs and upstairs and a fabulous balcony off the master bedroom. Enjoy entertaining in the beautiful backyard, complete with juicy citrus and a fenced pool! Bring life back to this house and make it a home. If you've got the motivation, this home is sure to be your inspiration!

Last Agent to Sell the Property

Kala Laos

JK Realty License #BR544166000 Listed on: 03/09/2016

JK Realty

Co-Listed By

Jason Laos

JK Realty License #SA544168000

Last Buyer's Agent

David Lee

My Home Group Real Estate License #SA642409000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1971

Lot Details

  • 5,201 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,303 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

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 Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 301-02-395

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Association, Phone Number (480) 838-1023
  • Lakes Tract F2 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1971

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Cross Street: Rural and Guadalupe
  • 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: 96.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2013
  • Directions: East on Guadalupe, North on Lakeshore, East on Southshore, North on Rocky Point to YOUR new home!
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: jkjl01
  • Co List Office Phone: 480-733-8500
  • Subdivision Name: LAKES TRACT F2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 290.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2303.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Lakes
  • Association Fees:HOA Telephone4: 480-838-1023
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 5201.0
  • Parcel #: 301-02-395
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2512.0
  • Tax Book Number: 301.00
  • Tax Lot: 47
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 13, 2022
Sold by
Berger Oren
Bought by
Ebrahim Salwa and Bejan Ninel
Seller's Agent
Jenny Dunaway
Superlative Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$689,000
Sold Price
$639,000
Premium/Discount to List
-$50,000
-7.26%
Current Estimated Value
$649,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,124
Avg. Annual Appreciation
0.57%
Original Mortgage
$594,700
Outstanding Balance
$568,290
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$83,003

Purchase Details

Closed on
Aug 12, 2021
Sold by
Berger Oren and Berger Lior
Bought by
Berger Oren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2016
Sold by
Back Nine Properties Llc
Bought by
Berger Oren and Berger Lior

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 25, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Back Nine Properties Llc
Seller's Agent
Kala Laos
JK Realty
Buyer's Agent
David Lee
My Home Group Real Estate
List Price
$246,000
Sold Price
$230,000
Premium/Discount to List
-$16,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$150,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2015
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 15, 2015
Sold by
Qureshi Shuja and Qureshi Tahira Shuja
Bought by
Bank Of America Na
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 $626,000 Wfg National Title Insurance C
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $315,000 Chicago Title Agency
Special Warranty Deed $230,000 Old Republic Title Agency
Special Warranty Deed -- None Available
Deed In Lieu Of Foreclosure $294,336 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $594,700 New Conventional
Previous Owner $239,200 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $150,000 Commercial
Previous Owner $294,336 FHA
Previous Owner $289,987 FHA
Previous Owner $225,000 Credit Line Revolving
Previous Owner $108,600 Credit Line Revolving
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $639,000 -1.5% $274 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $649,000 -5.8% $279 / Sq Ft
04/12/2022 04/12/22 For Sale $689,000 +199.6% $296 / Sq Ft
04/27/2016 04/27/16 Sold $230,000 -6.5% $100 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $246,000 0.0% $107 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $246,000 -- $107 / 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 $2,591 $31,080 -- --
2024 $2,973 $29,600 -- --
2023 $2,973 $42,430 $8,480 $33,950
2022 $2,839 $32,470 $6,490 $25,980
2021 $2,895 $30,460 $6,090 $24,370
2020 $2,799 $28,430 $5,680 $22,750
2019 $2,745 $27,450 $5,490 $21,960
2018 $2,671 $25,120 $5,020 $20,100
2017 $2,588 $23,830 $4,760 $19,070
2016 $2,969 $22,970 $4,590 $18,380
2015 $2,852 $20,810 $4,160 $16,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5411003

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-395