NOT LISTED FOR SALE

5615 S Bounty Ct Unit A Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $283,000 - $317,000

2 Beds
1 Bath
928 Sq Ft
$324/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $230,000 $248 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,998/month

5 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • End Unit
  • Rover Elementary School Rated A-
  • Contemporary Architecture
  • Community Pool

About This Home

As of December 2020

LOCATION, LOCATION, LOCATION ! Conveniently situated within the much sought-after ''LAKES'' development in Tempe. This ground-level 2 bdrm patio home is centrally located near the 60, the 101, and I-10 for easy access anywhere in the valley. Professionally updated and decorated, this unit is absolutely turn-key ready for the most discriminating home buyer. Low maintenance unit is perfect for students or snowbirds - year round or seasonal - Hurry on over - this one isn't going to last.

Last Agent to Sell the Property

Marvin Green

HomeSmart License #SA523652000 Listed on: 11/18/2020

HomeSmart

Last Buyer's Agent

Tammy Chapman

Bliss Realty & Investments License #SA548333000

Bliss Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $763

Year Built

  • Built in 1971

Lot Details

  • 886 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Desert faces the back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

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

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Assessor Parcel Number 301-93-005

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Lake Park Villas Association, Phone Number (480) 759-4945
  • ''The Lakes'' Association, Phone Number (480) 838-1023
  • Association Phone (480) 838-1023
  • Lake Park Villas Aka Lakes Condominium Tracts G3 & Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$763

Year Built

Built in 1971

Lot Details

0

HOA Fees

$322 per month

Parking

1

Listing Details

  • Cross Street: Baseline & S.Lakeswhore Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: ''The Lakes''
  • HOA #2 Phone Number: 480-838-1023
  • HOA #2 Transfer Fee: 400.0
  • 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: 322.35
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2020
  • Directions: South on S Lakeshore Dr to E Lakeshore Dr. Right on E Lakeshore Dr to Bounty Ct Right onto Bounty Court to property on the right
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LAKE PARK VILLAS AKA LAKES CONDOMINIUM TRACTS G3 &
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 217.35
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, High Speed Internet
  • Living Area: 928.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Siding, Block, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Assigned
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Lake Subdivision, Tennis Court(s), Playground, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 315.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 217.35
  • Association Fee Frequency: Monthly
  • Association: ''The Lakes''
  • Association Name: Lake Park Villas
  • Association Phone #2: 480-838-1023
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lake Park Villas
  • Association Fees:HOA Telephone4: 480-759-4945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

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: 886.0
  • Parcel #: 301-93-005
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 763.0
  • Tax Block: B
  • Tax Book Number: 301.00
  • Tax Lot: 1
  • Tax Map Number: 93.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Timi And Bob Stirewalt/Reed Trust
Bought by
Timi And Bob Stirewalt/Reed Trust
Total Days on Market
5
Current Estimated Value
$300,953

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 16, 2020
Sold by
Crippa Kevin Robert and Darlene Crippa Family Trust
Bought by
Stirewalt Robert C and Reed Timi M
Seller's Agent
Marvin Green
HomeSmart
Buyer's Agent
Tammy Chapman
Bliss Realty & Investments
List Price
$215,000
Sold Price
$230,000
Premium/Discount to List
$15,000
6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Jul 4, 2020
Sold by
Crippa Darlene E
Bought by
Crippa Darlene E

Purchase Details

Listed on
Jul 8, 2017
Closed on
Feb 20, 2018
Sold by
Opendoor Homes Phoenix 2 Llc
Bought by
Crippa Darlene
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Jeffrey Francisco
DPR Realty LLC
List Price
$163,000
Sold Price
$153,515
Premium/Discount to List
-$9,485
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Jun 27, 2017
Sold by
Chang Jay Soon and Jung Ji Hyun
Bought by
Opendoor Homes Phoenix 2 Llc

Purchase Details

Closed on
Nov 12, 2013
Sold by
Chang Ki Hong
Bought by
Chang Jay Soon and Jung Ji Hyun

Purchase Details

Closed on
Nov 11, 2013
Sold by
Chang Jay Soon
Bought by
Chang Ki Hong

Purchase Details

Closed on
Jun 8, 2013
Sold by
Orville Investments Llc
Bought by
Chang Jay

Purchase Details

Closed on
May 28, 2002
Sold by
Wilson Scott and Blanco Janise
Bought by
Orville Investments Llc

Purchase Details

Closed on
Feb 11, 2002
Sold by
Wilson Cindy
Bought by
Wilson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.04%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Blanco Janise W
Bought by
Orville Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1998
Sold by
Dennis Patricia R
Bought by
Blanco Janise W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1998
Sold by
Ewin William H and Ewin Grace L
Bought by
Dennis Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.07%

Purchase Details

Closed on
May 27, 1994
Sold by
Bosco Michael A
Bought by
Lorenzen Norman W and Jean Lorenzen E
Source: Public Records

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Range of Values:

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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
Timi And Bob Stirewalt/Reed Trust -- None Listed On Document
Stirewalt Robert C $230,000 Grand Canyon Title Agency
Crippa Darlene E -- Accommodation
Crippa Darlene $153,515 Fidelity National Title Agen
Opendoor Homes Phoenix 2 Llc $154,000 Fidelity National Title Agen
Chang Jay Soon -- None Available
Chang Ki Hong -- None Available
Chang Jay $95,000 Lawyers Title Of Arizona Inc
Orville Investments Llc -- --
Wilson Scott -- Chicago Title Insurance Comp
Wilson Scott -- Chicago Title Insurance Comp
Orville Investments Llc -- Security Title Agency
Blanco Janise W $62,000 Security Title Agency
Dennis Patricia R $52,500 Chicago Title Insurance Co
Lorenzen Norman W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Jay S $108,800
Previous Owner Wilson Scott $58,000
Previous Owner Blanco Janise W $55,800
Previous Owner Dennis Patricia R $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $230,000 +7.0% $248 / Sq Ft
11/18/2020 11/18/20 For Sale $215,000 +40.1% $232 / Sq Ft
02/21/2018 02/21/18 Sold $153,515 -5.8% $165 / Sq Ft
02/21/2018 02/21/18 Price Changed $163,000 0.0% $176 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $163,000 0.0% $176 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $163,000 0.0% $176 / Sq Ft
01/19/2018 01/19/18 Price Changed $163,000 0.0% $176 / Sq Ft
11/16/2017 11/16/17 Price Changed $163,000 0.0% $176 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $163,000 0.0% $176 / Sq Ft
10/27/2017 10/27/17 Price Changed $163,000 0.0% $176 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $163,000 -0.6% $176 / Sq Ft
09/07/2017 09/07/17 Price Changed $164,000 -0.6% $177 / Sq Ft
08/29/2017 08/29/17 For Sale $165,000 0.0% $178 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $165,000 -- $178 / 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 $948 $8,466 -- --
2024 $937 $8,063 -- --
2023 $937 $19,310 $3,860 $15,450
2022 $899 $15,500 $3,100 $12,400
2021 $905 $14,760 $2,950 $11,810
2020 $763 $13,710 $2,740 $10,970
2019 $748 $12,020 $2,400 $9,620
2018 $728 $10,630 $2,120 $8,510
2017 $705 $9,230 $1,840 $7,390
2016 $702 $8,080 $1,610 $6,470
2015 $679 $6,820 $1,360 $5,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6162149

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-93-005