NOT LISTED FOR SALE

5620 S Admiralty Ct Unit E Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $271,000 - $286,000

2 Beds
1 Bath
1,050 Sq Ft
$357/mo HOA Fee

Last Sold September 20, 2023

Last sale price $285,000 $271 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,865/month

5 Days on Market

Highlights

  • Fitness Center
  • End Unit
  • Granite Countertops
  • Community Lake
  • Corner Lot
  • Community Pool

About This Home

As of September 2023

Well maintained 2 bedroom, 1 bath home in the Lakes. Home is corner unit with a 1 car garage. Home is on the second floor. Home was remodeled 3 years ago with updated kitchen, updated bath, laminate flooring, new hot water heater and A/C (2022). This lake community offers a community pool and spa, fitness center, tennis courts, and pickleball courts. Close to the US 60 and ASU.

Last Agent to Sell the Property

Jean Grimes

Russ Lyon Sotheby's International Realty License #SA545117000 Listed on: 08/23/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Patti Glauner

HomeSmart License #SA528923000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $758

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • 1 Common Wall
  • Grass Covered Lot

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony

Schools

  • Rover Elementary School
  • FEES College Preparatory Middle School
  • Tempe High School

Utilities

  • Cooling System Updated in 2022
  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2022
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / L
  • Assessor Parcel Number 301-93-124

Community Details

Overview

  • Association fees include roof repair, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Lake Park Villas Association, Phone Number (480) 759-4945
  • Lakes Community Association, Phone Number (480) 838-1023
  • Association Phone (480) 838-1023
  • Lakes Tract G 4 Condominium Units A1 4 Through Q1 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$758

Year Built

Built in 1971

Lot Details

0

HOA Fees

$357 per month

Parking

1

Listing Details

  • Cross Street: Rural and Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Lakes Community
  • 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: 356.53
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • 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: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: LAKES TRACT G-4 CONDOMINIUM UNITS A1-4 THROUGH Q1-
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 271.42
  • Association Fees:HOA Fee2: 239.53
  • 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
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1050.0
  • 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
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Corner Lot, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Wood Frame
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Assigned
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Garage Door Opener: 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: Lake, Community Spa, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 351.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 239.53
  • Association Fee Frequency: Monthly
  • Association: Lakes Community
  • 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 DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lake Park Villas
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 479.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 35.0
  • Association Fees:Other Fees Description: Condo Cert
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Rover Elementary School
  • High School: Tempe 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: 1035.0
  • Parcel #: 301-93-124

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 758.0
  • Tax Block: L
  • Tax Book Number: 301.00
  • Tax Lot: 4
  • Tax Map Number: 93.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 31, 2023
Sold by
Losue Michael J and Losue Laurie B
Bought by
Losue Lucas J
Seller's Agent
Jean Grimes
Russ Lyon Sotheby's International Realty
Buyer's Agent
Patti Glauner
HomeSmart
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
16
Current Estimated Value
$276,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,446
Avg. Annual Appreciation
-1.27%
Original Mortgage
$175,000
Outstanding Balance
$171,118
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Estimated Equity
$105,436

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 20, 2023
Sold by
Dupierre Anna
Bought by
Losue Michael J and Losue Laurie B
Seller's Agent
Jean Grimes
Russ Lyon Sotheby's International Realty
Buyer's Agent
Patti Glauner
HomeSmart
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$171,118
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Estimated Equity
$105,436

Purchase Details

Closed on
Jan 20, 2016
Sold by
Dupierre Anna
Bought by
Cook Derek B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,900
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 27, 2013
Sold by
Quitiquit Max
Bought by
Dupierre Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1998
Sold by
Fausnaugh Robert G and Fausnaugh Wilma F
Bought by
Quitiquit Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,224
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1997
Sold by
Scott David E and Scott Constance M
Bought by
Fausnaugh Robert G and Fausnaugh Wilma F
Source: Public Records
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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
Losue Lucas J $285,000 Stewart Title & Trust Of Phoen
Losue Michael J $285,000 Stewart Title & Trust Of Phoen
Cook Derek B $83,000 None Available
Dupierre Anna $90,000 Pioneer Title Agency Inc
Quitiquit Max $61,000 Security Title Agency
Fausnaugh Robert G $57,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Losue Lucas J $175,000
Previous Owner Cook Derek B $82,900
Previous Owner Dupierre Anna $90,000
Previous Owner Quitiquit Max $33,224
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $285,000 -5.0% $271 / Sq Ft
08/23/2023 08/23/23 For Sale $300,000 -- $286 / 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 $865 $8,295 -- --
2024 $793 $7,900 -- --
2023 $793 $19,020 $3,800 $15,220
2022 $758 $14,970 $2,990 $11,980
2021 $773 $14,370 $2,870 $11,500
2020 $747 $13,310 $2,660 $10,650
2019 $733 $11,730 $2,340 $9,390
2018 $713 $10,610 $2,120 $8,490
2017 $691 $9,300 $1,860 $7,440
2016 $687 $7,800 $1,560 $6,240
2015 $665 $6,600 $1,320 $5,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6594739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-93-124