NOT LISTED FOR SALE

5616 S Pirates Cove Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $651,105 - $720,000

4 Beds
2.5 Baths
2,740 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $599,900 $219 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,250/month

69 Days on Market

Highlights

  • Fitness Center
  • Solar Power System
  • Community Lake
  • Rover Elementary School Rated A-
  • 0.22 Acre Lot
  • Clubhouse

About This Home

As of November 2022

You have to see this! A rare single-story 4 bed, 2.5 bath West Lake residence on an oversized lot! Home is situated on a cul-de-sac ending lot w/2700+ sq.ft floor plan. With tons of open spaces & lots of windows; this beauty boasts upscale upgrades galore including a professional, remodeled chef kitchen w/island, newer cherry wood cabinets, granite counters & high-end stainless steel appliances w/double ovens. With Anderson wood doors/dual pane windows in major living areas; teakwood flooring & travertine tile, vaulted beam ceilings, & a double-sided fireplace, this home oozes a luxurious feel, you'll know this is home as soon as you step in. Also, there are 2 central air A/C units & 1 discrete unit in the back bedroom to keep you cool on the hottest of days. A MUST SEE PROPERTY!!! Master bathroom w/separate tub/shower. Half bath also remodeled! There's a brand new roof installed in late 2021 including the brand new owned solar panels through Sunrun. Additional upgrades include the water softener; reverse osmosis water filtration system. The backyard is a tropical oasis w/lush mature tree & fruit trees, & an oversized covered patio. Furniture available on a separate Bill of Sale. Stop by today!

Last Listed By

Jason Penrose

eXp Realty License #BR518159000 Listed on: 07/28/2022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1978

Lot Details

  • 9,657 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Roof Updated in 2021
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,740 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall
  • Solar Tube

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Zoned Heating and Cooling System
  • Propane
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Solar Power System
  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 301-98-064

Community Details

Overview

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

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1978

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Cross Street: Baseline and Rural
  • 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: 111.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2021
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Solar Panels Grid: On
  • Year Built: 1978
  • Tax Year: 2021
  • Directions: South on Rural to Driftwood. East to Pirates Cove Rd. South to the property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: WEST LAKE
  • Architectural Style: Ranch
  • Efficiency: Solar Panels, Solar Tubes, Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 335.0
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Furnished(See Rmrks), Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2740.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane, Wood Frames
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Slump Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air, Ceiling Fan(s), Mini Split, Programmable Thmstat
  • Heating: Electric
  • Security: Security System Leased, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 335.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Lakes
  • Association Fees:HOA Telephone4: 480-838-1023
  • Association Fees:Special Assessment HOA: No
  • 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: 9657.0
  • Parcel #: 301-98-064
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Book Number: 301.00
  • Tax Lot: 131
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Nov 22, 2022
Sold by
Silverman Joshua T and Silverman Charnell M
Bought by
Sherpa Newan D and Ermanoski Ivan
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Hilary Sanders
AZ Living Real Estate LLC
List Price
$749,900
Sold Price
$599,900
Premium/Discount to List
-$150,000
-20%
Total Days on Market
69
Views
48
Current Estimated Value
$693,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,126
Avg. Annual Appreciation
6.07%
Original Mortgage
$479,920
Outstanding Balance
$431,289
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$261,737

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jul 1, 2013
Sold by
Whitehead William George and Nguyen Christian Tu
Bought by
Silverman Joshua T and Silverman Charnell M
Seller's Agent
Nancy Moffat
HomeSmart
Buyer's Agent
Richard Zimbardo
Encore Realty
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Jul 5, 2006
Sold by
Whitehead William George and Nguyen Christian Tu
Bought by
Whitehead William George and Nguyen Christian Tu

Purchase Details

Closed on
May 30, 2003
Sold by
Lampton Robert L and Lampton Suzanne L
Bought by
Whitehead William G and Nguyen Christian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2001
Sold by
Sutton Trevor G and Sutton Noreen Ann
Bought by
Lampton Robert L and Lampton Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Range of Values:

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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 Buyer Sale Price Title Company
Sherpa Newan D $599,900 First American Title
Silverman Joshua T $350,000 Chicago Title Agency
Whitehead William George -- None Available
Whitehead William G $300,000 First American Title Ins Co
Lampton Robert L $280,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherpa Newan D $479,920
Previous Owner The William G Whitehead Iii & Christian $150,000
Previous Owner Whitehead William G $30,000
Previous Owner Whitehead William G $240,000
Previous Owner Whitehead William G $240,000
Previous Owner Lampton Robert L $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $599,900 0.0% $219 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $599,900 -14.2% $219 / Sq Ft
08/09/2022 08/09/22 Price Changed $699,500 -6.7% $255 / Sq Ft
07/16/2022 07/16/22 For Sale $749,900 +114.3% $274 / Sq Ft
07/15/2013 07/15/13 Sold $350,000 -7.9% $128 / Sq Ft
04/29/2013 04/29/13 For Sale $379,900 -- $139 / 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 $3,535 $36,499 -- --
2024 $3,491 $34,761 -- --
2023 $3,491 $47,070 $9,410 $37,660
2022 $3,334 $36,310 $7,260 $29,050
2021 $3,400 $34,180 $6,830 $27,350
2020 $3,287 $33,280 $6,650 $26,630
2019 $3,224 $31,780 $6,350 $25,430
2018 $3,137 $29,670 $5,930 $23,740
2017 $3,040 $28,070 $5,610 $22,460
2016 $3,025 $29,180 $5,830 $23,350
2015 $2,926 $26,360 $5,270 $21,090
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6435381

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-98-064