$90,000
SOLD SEP 2, 2015

5631 S Bounty Ct Unit E Tempe, AZ 85283

The Lakes Neighborhood
2 Beds
1 Bath
1,050 Sq Ft
$291/mo HOA Fee

Recently Sold

$86 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Heated Community Pool
  • Rover Elementary School Rated A-
  • End Unit
  • Balcony

About This Home

As of March 2021

Charming townhome at the Lakes in Tempe. Features solid block construction, beautiful laminate & neutral tile, remodeled kitchen, new stainless appliances, maple cabinets, and upgraded lighting & fans. Great community amenities! Lake privileges, boating, clubhouse, fitness center, racquet & basket ball, tennis, olympic sized swimming pool, and more! Just 4 miles from ASU. Must see!

Last Agent to Sell the Property

Matthew Potter

Real Broker License #SA647555000 Listed on: 08/12/2015

Real Broker

Co-Listed By

Nicole Allen

Real Broker License #SA586945000

Last Buyer's Agent

Holly Zollicoffer

Elite Partners License #SA647830000

Elite Partners

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $647

Year Built

  • Built in 1971

Lot Details

  • 1,075 Sq Ft Lot
  • End Unit

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / D
  • Assessor Parcel Number 301-93-016

Community Details

Overview

  • Association fees include insurance, sewer, pest control, front yard maint, trash, water, roof replacement, maintenance exterior
  • Lake Park Villa Association, Phone Number (480) 838-1023
  • The Lakes Comm Assn Association, Phone Number (480) 838-3226
  • Association Phone (480) 838-3226
  • Lake Park Villas Aka The Lakes Tracts G 3 & G 4 Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$647

Year Built

Built in 1971

Lot Details

0

HOA Fees

$291 per month

Parking

1

Listing Details

  • Cross Street: Rural and Guadalupe
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: THE LAKES COMM ASSN
  • HOA #2 Phone Number: 480-838-3226
  • 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: 290.66
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2014
  • Directions: South on Rural, East on Guadalupe, North on Bounty. Unit is in 1st building [east] on west side above garage
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: stho001
  • Co List Office Phone: 480-696-5500
  • Subdivision Name: LAKE PARK VILLAS AKA THE LAKES TRACTS G-3 & G-4
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 196.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1050.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: End Unit
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Playground, Clubhouse
  • Amenities: FHA Approved Prjct, Management, VA Approved Prjct
  • Association #2 Fee: 284.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 196.0
  • Association Fee Frequency: Monthly
  • Association: THE LAKES COMM ASSN
  • Association Name: Lake Park Villa
  • Association Phone #2: 480-838-3226
  • 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: Monthly
  • Association Fees:HOA Name4: Lake Park Villa
  • Association Fees:HOA Telephone4: 480-838-1023
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

Fee Information

  • Association Fee Includes: Insurance, Sewer, Pest Control, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

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: 1075.0
  • Parcel #: 301-93-016
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 647.0
  • Tax Block: D
  • Tax Book Number: 301.00
  • Tax Lot: 4
  • Tax Map Number: 93.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Bustillos Aaron A and Bustillos Brandy
Bought by
Bustillos Aaron A and Bustillos Brandy
Current Estimated Value
$298,781

Purchase Details

Listed on
Feb 21, 2021
Closed on
Feb 26, 2021
Sold by
Degner April
Bought by
Bustillos Aaron A and Tenorio Brandy
Seller's Agent
Kerri Degner
HomeSmart
Buyer's Agent
David Meza
eXp Realty
List Price
$204,900
Sold Price
$235,000
Premium/Discount to List
$30,100
14.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$11,398
Interest Rate
3.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2015
Closed on
Nov 5, 2015
Sold by
Timber Enterprises Llc
Bought by
Degner April
Seller's Agent
Holly Zollicoffer
Elite Partners
Buyer's Agent
Lynette Messick
HomeSmart
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$137,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2015
Closed on
Aug 27, 2015
Sold by
Rustenbeck Catherine
Bought by
Timber Enterprises Llc
Seller's Agent
Matthew Potter
Real Broker
Buyer's Agent
Holly Zollicoffer
Elite Partners
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1130.65%
Original Mortgage
$69,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Kaplan Tracy L Plewa and Plewa Tracy L
Bought by
Rustenbeck Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,837
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2006
Sold by
Mendoza Ernesto V and Mendoza Sonia M
Bought by
Plewa Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 19, 1998
Sold by
Commonwealth Mtg Assurance Company
Bought by
Mendoza Ernesto and Mendoza Ernesto Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,300
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 1997
Sold by
Parthenais Steve
Bought by
Countrywide Home Loans Inc and Countrywide Funding Corp

Purchase Details

Closed on
Sep 1, 1995
Sold by
Woodley Don and Woodley Joann
Bought by
Parthenais Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $235,000 First American Title Ins Co
Warranty Deed $145,000 Fidelity Natl Title Agency
Warranty Deed $90,000 Great Amer Title Agency Inc
Warranty Deed $79,900 Chicago Title
Warranty Deed $160,000 Fidelity National Title
Warranty Deed $66,950 Grand Canyon Title Agency In
Trustee Deed -- Security Title Agency
Warranty Deed $48,000 Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $11,398 New Conventional
Previous Owner $11,398 Stand Alone Second
Previous Owner $227,950 New Conventional
Previous Owner $128,500 New Conventional
Previous Owner $137,750 New Conventional
Previous Owner $69,000 Purchase Money Mortgage
Previous Owner $4,500 FHA
Previous Owner $78,837 FHA
Previous Owner $52,000 Unknown
Previous Owner $32,000 Stand Alone Second
Previous Owner $128,000 Purchase Money Mortgage
Previous Owner $65,300 FHA
Previous Owner $45,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $235,000 +14.7% $224 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $204,900 +41.3% $195 / Sq Ft
11/12/2015 11/12/15 Sold $145,000 -3.0% $138 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $149,500 +66.1% $142 / Sq Ft
09/02/2015 09/02/15 Sold $90,000 -5.3% $86 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $95,000 -- $90 / 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 $803 $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: 5320067

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-93-016