NOT LISTED FOR SALE

942 E Morningstar Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $684,000 - $710,000

5 Beds
3 Baths
2,508 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $350,000 $140 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,269/month

245 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Granite Countertops
  • Rover Elementary School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of October 2016

THIS BEAUTIFUL LAKES COMMUNITY HAS IT ALL AND SO DOES THIS HOME. ENJOY THE FISHING/TENNIS/HEATED POOL & SPA/CLUBHOUSE AND MORE. THIS LARGE 5 BEDROOM/3 BATH HOME HAS ONE BEDROOM/ ONE BATH DOWNSTAIRS, LARGE MASTER, JACK & JILL ROOMS, AND LARGE 5TH BEDROOM OR BONUS/GAMEROOM UPSTAIRS. THREE CAR GARAGE & GREAT POOL

Last Agent to Sell the Property

Brent Smith

West USA Realty License #SA535516000 Listed on: 01/07/2016

West USA Realty

Last Buyer's Agent

Randy Courtney

Weichert, Realtors - Courtney Valleywide License #BR008293000

Weichert, Realtors - Courtney Valleywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 1975

Lot Details

  • 5,998 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Siding
  • Stucco

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

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 24
  • Assessor Parcel Number 301-02-723

Community Details

Overview

  • Association fees include ground maintenance
  • Lca Association, Phone Number (480) 838-0123
  • Built by PRESLEY
  • The Lakes Tract D1 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,205

Year Built

Built in 1975

Lot Details

0

HOA Fees

$97 per month

Parking

3

Listing Details

  • Cross Street: Rural/Baseline
  • 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: 96.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: THE LAKES TRACT D1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 290.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 2508.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Siding, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Tennis Court(s), Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association Name: LCA
  • Phone: 480-838-0123
  • 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: LCA
  • Association Fees:HOA Telephone4: 480-8380123
  • 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: 5998.0
  • Parcel #: 301-02-723
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: PRESLEY

Tax Info

  • Tax Annual Amount: 3205.0
  • Tax Book Number: 301.00
  • Tax Lot: 24
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Oct 18, 2016
Sold by
Cari D Two Llc
Bought by
Policar Leslie A and Policar Randy J
Seller's Agent
Brent Smith
West USA Realty
Buyer's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%
Current Estimated Value
$712,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,657
Avg. Annual Appreciation
8.43%
Original Mortgage
$305,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Knowles Karise M and Knowles Kylie E
Bought by
Cari D Two Llc

Purchase Details

Closed on
Apr 20, 2000
Sold by
Bennett Arvella L
Bought by
Knowles Karise M and Knowles Kylie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.75%
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 Buyer Sale Price Title Company
Policar Leslie A $350,000 Fidelity Natl Title Agency I
Cari D Two Llc $235,000 --
Knowles Karise M $190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Policar Leslie A $354,000
Closed Policar Leslie A $305,000
Previous Owner Knowles Karise M $188,000
Previous Owner Knowles Karise M $152,000
Closed Knowles Karise M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $350,000 -5.1% $140 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $369,000 0.0% $147 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
04/20/2016 04/20/16 Price Changed $369,000 -1.3% $147 / Sq Ft
04/12/2016 04/12/16 Price Changed $374,000 -0.3% $149 / Sq Ft
03/11/2016 03/11/16 Price Changed $375,000 -3.8% $150 / Sq Ft
03/02/2016 03/02/16 Price Changed $389,999 -2.5% $156 / Sq Ft
01/07/2016 01/07/16 For Sale $399,999 -- $159 / 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 $2,839 $34,937 -- --
2024 $3,342 $33,273 -- --
2023 $3,342 $46,570 $9,310 $37,260
2022 $3,192 $34,970 $6,990 $27,980
2021 $3,254 $32,820 $6,560 $26,260
2020 $3,146 $30,830 $6,160 $24,670
2019 $3,086 $29,910 $5,980 $23,930
2018 $3,003 $27,310 $5,460 $21,850
2017 $2,909 $26,110 $5,220 $20,890
2016 $3,337 $25,930 $5,180 $20,750
2015 $3,205 $23,620 $4,720 $18,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5380185

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-723