NOT LISTED FOR SALE

5621 S Sailors Reef Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $435,000 - $550,000

3 Beds
2 Baths
1,669 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2025

Last sale price $450,000 $270 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,129 / mo

47 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Private Yard
  • Rover Elementary School Rated 9+
  • Spanish Architecture
  • Tennis Courts

About This Home

As of June 2025

Great South Tempe location. Lake community. Walk to schools & clubhouse(gym,tennis,pickleball, handball,racquetball courts/ heated pool/spa). Close to fwy, golf, Tempe Y, Kiwanis park & running/bike canals, shopping. Gated courtyard entry with pool. Energy saving dual pane windows. Fireplace. Ceramic tile. ADA compliant. $Below Appraisal(see doc tab)$.

Last Agent to Sell the Property

Paul Pastore

ProSmart Realty License #BR005743000 Listed on: 04/25/2025

ProSmart Realty

Last Buyer's Agent

Michael MacArthur

My Home Group Real Estate License #SA704243000

My Home Group Real Estate
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,891

Year Built

  • Built in 1971

Lot Details

  • 5,192 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,669 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Location

  • Property is near bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 301-02-245

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes Association, Phone Number (480) 838-1023
  • Built by Mission Viejo
  • Lakes Tract F 1 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,891

Year Built

Built in 1971

Lot Details

5,192 Sq Ft Lot

HOA Fees

$123 per month

Parking

2

Listing Details

  • Cross Street: Baseline & McClintock
  • 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: 122.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: LAKES TRACT F-1
  • Architectural Style: Ranch, Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 269.62
  • Association Fees:HOA Fee2: 368.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: 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
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1669.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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 Htd, Community Pool Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 368.0
  • 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:Special Assessment HOA: No
  • 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: 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: 5192.0
  • Parcel #: 301-02-245

Building Info

  • Builder Name: Mission Viejo

Tax Info

  • Tax Annual Amount: 2891.0
  • Tax Book Number: 301.00
  • Tax Lot: 22
  • Tax Map Number: 2.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jun 13, 2025
Sold by
Bought by
Seller's Agent
Paul Pastore
ProSmart Realty
Buyer's Agent
Michael MacArthur
My Home Group Real Estate
List Price
$548,000
Sold Price
$450,000
Premium/Discount to List
-$98,000
-17.88%
Views
100
Current Estimated Value
$500,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,953
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in The Lakes, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Chicago Title Agency
-- Grand Canyon Title Agency In
-- --
$115,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,500
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $450,000 -9.1% $270 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $495,000 -1.0% $297 / Sq Ft
05/22/2025 05/22/25 Price Changed $499,950 -8.8% $300 / Sq Ft
04/25/2025 04/25/25 For Sale $548,000 0.0% $328 / Sq Ft
04/15/2014 04/15/14 Rented $1,395 -0.4% --
04/10/2014 04/10/14 Under Contract -- -- --
04/02/2014 04/02/14 For Rent $1,400 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,094 $25,812
2024 $2,857 $24,583
2023 $2,857 $38,250 $7,650 $30,600
2022 $2,740 $29,510 $5,900 $23,610
2021 $2,759 $27,350 $5,470 $21,880
2020 $2,675 $25,200 $5,040 $20,160
2019 $2,625 $24,070 $4,810 $19,260
2018 $2,559 $21,550 $4,310 $17,240
2017 $2,483 $20,300 $4,060 $16,240
2016 $2,466 $19,130 $3,820 $15,310
2015 $2,368 $17,410 $3,480 $13,930
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6857320

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-245

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