NOT LISTED FOR SALE

5625 S Sailors Reef Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $567,373 - $647,000

4 Beds
2 Baths
2,364 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 12, 2019

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

Est. 74% increase in value since last sale

Current estimated payment $3,518/month

30 Days on Market

Highlights

  • Fitness Center
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Rover Elementary School Rated A-
  • Theater or Screening Room
  • Main Floor Primary Bedroom

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

HOA Fees

  • $103 Monthly HOA Fees

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
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Comm. Associa. Association, Phone Number (480) 838-1023
  • Lakes Tract F1 Subdivision

Amenities

  • 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

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: Rural Road and Baseline Road
  • 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: 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 Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: LAKES TRACT F1
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 310.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), 2 Master Baths, 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
  • 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
  • Community Features:Community Media Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 310.0
  • 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_: $

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: 5192.0
  • Parcel #: 301-02-246

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%
Current Estimated Value
$602,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,843
Avg. Annual Appreciation
10.03%
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

Range of Values:

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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
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

  • A

    Seller's Agent in 2019

    Ari Shiffrin

    Good Oak Real Estate

    (480) 539-4775

    3 in this area

    38 Total Sales

    Ari Shiffrin
    Section Image
  • Andre' Surcouf

    Buyer's Agent in 2019

    Andre' Surcouf

    Keller Williams Realty East Valley

    (480) 221-1312

    1 in this area

    44 Total Sales

    Andre' Surcouf
    Section Image
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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

Arizona Maricopa County Tempe 85283 The Lakes

5625 S Sailors Reef Rd, Tempe, AZ

This home is located at 5625 S Sailors Reef Rd, Tempe, AZ 85283 since 17 May 2019 and is currently estimated at $602,843, approximately $255 per square foot. This property was built in 1971. 5625 S Sailors Reef Rd is a home located in Maricopa County with nearby schools including Rover Elementary School, Fees College Preparatory Middle School, and Marcos De Niza High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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