NOT LISTED FOR SALE

5625 S Sailors Reef Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $594,912 - $683,000

4 Beds
2 Baths
2,364 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $347,000 $147 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,605/month

30 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Clubhouse
  • Rover Elementary School Rated A-
  • Two Primary Bathrooms
  • Vaulted Ceiling

About This Home

As of July 2019

Enjoy living in The Lakes of Tempe, a conveniently located and highly sought after community! This beautiful home includes 2 master bedrooms, and the two additional bedrooms are very big as well! High vaulted ceilings in the living room, newer stainless steel appliances, a new HVAC system installed 3 years ago, a beautiful backyard including a putting green, plus all carpets were replaced 3 years ago and shampooed upon move out. This home is just a 60 second stroll to the lakefront park, and don't forget the rest of the amenities The Lakes has to offer including the heated swimming pool and hot tub, tennis courts, private gym, game room, and more!

Last Agent to Sell the Property

Ari Shiffrin

Good Oak Real Estate License #SA671118000 Listed on: 05/17/2019

Good Oak Real Estate

Last Buyer's Agent

Andre' Surcouf

Keller Williams Realty East Valley License #SA624184000

Keller Williams Realty East Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1971

Lot Details

  • 5,192 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 301-02-246

Community Details

Overview

  • Property has a Home Owners Association
  • Lakes Comm. Associa. Association, Phone Number (480) 838-1023
  • Lakes Tract F1 Subdivision

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

$2,460

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Rural Road and Baseline Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 103.33
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2008
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2018
  • Directions: Go south on Rural past Baseline, turn east on Southshore Dr., continue east past stop sign at Lakeshore Dr., turn north onto Sailors Reef Road.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.12
  • Subdivision Name: LAKES TRACT F1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 310.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), 2 Master Baths, Double Vanity, Full Bth Master Bdrm
  • Living Area: 2364.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: 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
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Community, Heated, None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: In Garage, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Media Room, Pool, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Comm. Associa.
  • 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 Comm. Associa.
  • 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
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 5192.0
  • Parcel #: 301-02-246
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Book Number: 301.00
  • Tax Lot: 23
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 9, 2019
Sold by
Garcia Charles T and Garcia Janet L
Bought by
Callahan Betsy Leigh
Seller's Agent
Ari Shiffrin
Good Oak Real Estate
Buyer's Agent
Andre' Surcouf
Keller Williams Realty East Valley
List Price
$348,000
Sold Price
$347,000
Premium/Discount to List
-$1,000
-0.29%
Total Days on Market
30
Current Estimated Value
$635,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,728
Avg. Annual Appreciation
10.83%
Original Mortgage
$312,300
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2001
Sold by
Todd T Neil and Todd Hsiang Hung
Bought by
Garcia Charles T and Garcia Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
6.91%
Mortgage Type
New Conventional
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
Callahan Betsy Leigh $347,000 Grand Canyon Title Agency
Garcia Charles T $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Betsy $41,996
Open Callahan Betsy Leigh $311,000
Closed Callah Betsy Leigh $312,300
Closed Callahan Betsy Leigh $312,300
Previous Owner Garcia Charles T $98,000
Previous Owner Garcia Charles T $20,000
Previous Owner Garcia Charles T $206,500
Previous Owner Garcia Charles T $256,000
Previous Owner Garcia Charles T $158,300
Previous Owner Garcia Charles T $142,200
Previous Owner Neil Todd T $106,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $347,000 -0.3% $147 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $348,000 -- $147 / 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 $2,771 $28,616 -- --
2024 $2,737 $27,253 -- --
2023 $2,737 $40,280 $8,050 $32,230
2022 $2,614 $30,950 $6,190 $24,760
2021 $2,666 $29,080 $5,810 $23,270
2020 $2,577 $27,210 $5,440 $21,770
2019 $2,528 $26,250 $5,250 $21,000
2018 $2,460 $23,750 $4,750 $19,000
2017 $2,383 $22,480 $4,490 $17,990
2016 $2,372 $21,560 $4,310 $17,250
2015 $2,294 $19,480 $3,890 $15,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5927325

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-246