$500,000
SOLD MAR 24, 2021

5618 S Sailors Reef Rd Tempe, AZ 85283

The Lakes Neighborhood
4 Beds
2 Baths
2,364 Sq Ft
5,253 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

Highlights

  • Fitness Center
  • Community Lake
  • Contemporary Architecture
  • Rover Elementary School Rated A-
  • Theater or Screening Room
  • Vaulted Ceiling

About This Home

As of March 2021

Highly upgraded and remodeled 4 bedroom Lakes home. Living on Sailors Reef offers easy walking access to the lake/stream and Clubhouse.
Front room is inviting with impressive vaulted ceilings and a fireplace.
Master Bedroom is on the ground floor and 3 extra large bedrooms located upstairs with a large balcony.
Upgrades include: Kitchen cabinets, granite countertops, wood plank tile, dual pane windows, wood shutters, remodeled bathrooms, LED lighting and a travertine back patio with a putting green.
New Roof and Paint as of 2018.
Kitchen is spacious with a large island and stainless appliances.
The Lakes Clubhouse offers a Heated Olympic size pool, spa, tennis courts, basketball, racquet ball, fitness center, game room and playground. Easy access to the 101, US60 and I-10. Located within a mile of Target, Trader Joes, Grocery and many Restaurants. Rover Elementary, Fees College Prep Junior High and Marcos de Niza High School is within walking distance.
Dual Zone wine cooler and WIFI enabled Thermostat conveys.
Bedroom with balcony comes with a Hunter Douglas electric shade with remote control.

Last Agent to Sell the Property

Aaron Couch

CPMS, Inc. License #BR554091000 Listed on: 02/18/2021

Co-Listed By

Marsha Couch

CPMS, Inc. License #BR020417000

Last Buyer's Agent

Alan Davis

Homebright License #BR560662000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1971

Lot Details

  • 5,253 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 301-02-253

Community Details

Overview

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

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1971

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 106.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2020
  • Directions: South on Lakeshore from Baseline. East on Southshore. North on Sailors Reef.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: cpms01
  • Co List Office Phone: 480-839-0918
  • Subdivision Name: LAKES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 320.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Living Area: 2364.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: 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
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Other, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Other, Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: 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

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 320.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community
  • Phone: 480-838-1023
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Lakes Community
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 5253.0
  • Parcel #: 301-02-253

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 3013.0
  • Tax Book Number: 301.00
  • Tax Lot: 30
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 18, 2021
Sold by
Kim Samuel Y and Kim Elizabeth A
Bought by
Whitney Christina and Whitney Lane
Seller's Agent
Aaron Couch
CPMS, Inc.
Buyer's Agent
Alan Davis
Homebright
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$475,000
Outstanding Balance
$431,764
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$240,011

Purchase Details

Listed on
Mar 26, 2018
Closed on
Jun 13, 2018
Sold by
Enriquez Orlando and Ded Homes Trust
Bought by
Kim Samuel Y and Kim Elizbeth A
Seller's Agent
Ivan Enriquez
Strato Homes
Buyer's Agent
Megan Williams
HomeSmart
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$292,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2017
Sold by
Goodykoontz William O and Goodykoontz Susan B
Bought by
Ded Homes Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 10, 2000
Sold by
Couty Bobby G and Couty Laura A
Bought by
Goodykoontz William O and Goodykoontz Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1996
Sold by
Kinney Charles W and Kinney Jacqueline A
Bought by
Couty Bobby G and Couty Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.67%
Mortgage Type
VA

Purchase Details

Closed on
May 31, 1991
Sold by
K Management Services Inc
Bought by
Kinney Charles W and Kinney Jacqueline A
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 Type Sale Price Title Company
Warranty Deed $500,000 Pioneer Title Agency Inc
Warranty Deed $365,000 Security Title Agency Inc
Trustee Deed $287,500 None Available
Warranty Deed $165,000 Security Title Agency
Joint Tenancy Deed $136,000 Security Title
Quit Claim Deed -- Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $292,000 Adjustable Rate Mortgage/ARM
Previous Owner $258,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $95,200 Unknown
Previous Owner $276,500 Negative Amortization
Previous Owner $90,000 Credit Line Revolving
Previous Owner $155,000 Unknown
Previous Owner $132,000 New Conventional
Previous Owner $136,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $639,000 -1.5% $270 / Sq Ft
06/12/2025 06/12/25 Price Changed $649,000 -1.5% $275 / Sq Ft
06/08/2025 06/08/25 Price Changed $659,000 -1.6% $279 / Sq Ft
05/20/2025 05/20/25 Price Changed $670,000 -3.6% $283 / Sq Ft
04/15/2025 04/15/25 Price Changed $695,000 -2.1% $294 / Sq Ft
03/20/2025 03/20/25 For Sale $710,000 +42.0% $300 / Sq Ft
03/24/2021 03/24/21 Sold $500,000 0.0% $212 / Sq Ft
02/18/2021 02/18/21 For Sale $500,000 +37.0% $212 / Sq Ft
06/18/2018 06/18/18 Sold $365,000 -2.1% $154 / Sq Ft
05/04/2018 05/04/18 Price Changed $372,900 -0.2% $158 / Sq Ft
04/30/2018 04/30/18 Price Changed $373,800 0.0% $158 / Sq Ft
04/22/2018 04/22/18 Price Changed $373,900 -0.2% $158 / Sq Ft
04/15/2018 04/15/18 Price Changed $374,800 0.0% $159 / Sq Ft
03/26/2018 03/26/18 For Sale $374,900 0.0% $159 / Sq Ft
07/01/2017 07/01/17 Rented $1,300 0.0% --
06/23/2017 06/23/17 Under Contract -- -- --
06/09/2017 06/09/17 Off Market $1,300 -- --
06/06/2017 06/06/17 For Rent $1,300 0.0% --
06/06/2017 06/06/17 Off Market $1,300 -- --
06/04/2017 06/04/17 For Rent $1,300 0.0% --
02/18/2017 02/18/17 Rented $1,300 0.0% --
02/04/2017 02/04/17 Under Contract -- -- --
02/03/2017 02/03/17 Price Changed $1,300 -7.1% $1 / Sq Ft
01/27/2017 01/27/17 For Rent $1,400 0.0% --
01/16/2017 01/16/17 Off Market $1,400 -- --
01/10/2017 01/10/17 For Rent $1,400 -17.4% --
12/23/2015 12/23/15 Rented $1,695 0.0% --
12/10/2015 12/10/15 Price Changed $1,695 -5.6% $1 / Sq Ft
12/02/2015 12/02/15 For Rent $1,795 +12.5% --
12/01/2014 12/01/14 Rented $1,595 -5.9% --
11/20/2014 11/20/14 Under Contract -- -- --
10/27/2014 10/27/14 For Rent $1,695 -- --
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 $2,377 $29,067 -- --
2024 $2,780 $27,683 -- --
2023 $2,780 $40,550 $8,110 $32,440
2022 $2,656 $31,130 $6,220 $24,910
2021 $2,708 $29,270 $5,850 $23,420
2020 $3,013 $27,370 $5,470 $21,900
2019 $2,956 $26,330 $5,260 $21,070
2018 $2,882 $23,960 $4,790 $19,170
2017 $2,796 $22,680 $4,530 $18,150
2016 $2,777 $21,770 $4,350 $17,420
2015 $2,667 $19,710 $3,940 $15,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6196293

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-253