NOT LISTED FOR SALE

Estimated Value: $606,591 - $671,000

4 Beds
3 Baths
2,400 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $410,000 $171 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,682/month

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Granite Countertops
  • Community Lake
  • 2 Fireplaces
  • Heated Community Pool

About This Home

As of April 2020

Come see this Beautiful 4 bedroom, 3 bath home located in The Lakes community in Tempe! From the moment you walk into this amazing two story home it feels open and spacious with vaulted ceilings, two fireplaces and upgraded ceramic wood plank tile flooring. Kitchen has gorgeous granite counter tops with breakfast bar. Enjoy the upstairs loft area, perfect for a game or movie room. Master bathroom has separate tub and shower, double sinks, and a doorway out to your very own private balcony escape. Desirable location near ASU, shopping, entertainment venues, and freeways. Come see this one today!

Last Agent to Sell the Property

Vincent Fumusa

HomeSmart License #SA515405000 Listed on: 04/22/2020

HomeSmart

Last Buyer's Agent

Gabriela Cojanu

HomeSmart License #SA559736000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1977

Lot Details

  • 5,981 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 301-02-686

Community Details

Overview

  • Association fees include ground maintenance
  • The Lakes HOA, Phone Number (480) 838-1023
  • Lakes Tract D3 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,629

Year Built

Built in 1977

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Cross Street: Rural and 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: 105.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1977
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: LAKES TRACT D3
  • Architectural Style: Other
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 170.83
  • Association Fees:HOA Fee2: 315.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2400.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(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
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa Htd, Community Pool Htd, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Lakes HOA
  • 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: The Lakes HOA
  • 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: 5981.0
  • Parcel #: 301-02-686

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2629.0
  • Tax Book Number: 301.00
  • Tax Lot: 153
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Apr 17, 2020
Sold by
Cedillos Gerson E and Cedillos Madeline M
Bought by
Loftin Bryant
Seller's Agent
Vincent Fumusa
HomeSmart
Buyer's Agent
Gabriela Cojanu
HomeSmart
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%
Current Estimated Value
$643,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,648
Avg. Annual Appreciation
8.23%
Original Mortgage
$389,500
Outstanding Balance
$344,394
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$299,254

Purchase Details

Listed on
Jan 28, 2017
Closed on
Feb 23, 2017
Sold by
Real Property Investing Llc
Bought by
Cedillos Gerson E and Cedillos Madeline M
Seller's Agent
Tom Daniel
Visionary Properties
Buyer's Agent
Douglas Royse
Keller Williams Realty East Valley
List Price
$375,000
Sold Price
$363,000
Premium/Discount to List
-$12,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$344,850
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2016
Sold by
Maroufkani Jaleh and Maroufkani Shah
Bought by
Real Property Investing Llc

Purchase Details

Closed on
Dec 18, 2006
Sold by
Maroufkhani Shahroukh and Maroufkhani Jaleh
Bought by
Maroufkani Shah and Maroufkani Jaleh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loftin Bryant $410,000 Roc Title Agency Llc
Cedillos Gerson E $363,000 Driggs Title Agency Inc
Real Property Investing Llc $250,000 First American Title Ins Co
Maroufkani Shah -- Signature Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftin Bryant $389,500
Previous Owner Cedillos Gerson E $344,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2020 04/24/20 Sold $410,000 -4.7% $171 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $430,000 +18.5% $179 / Sq Ft
03/03/2017 03/03/17 Sold $363,000 -3.2% $151 / Sq Ft View Prior Sale
01/28/2017 01/28/17 For Sale $375,000 -- $156 / 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 $2,578 $29,760 -- --
2024 $2,847 $28,343 -- --
2023 $2,847 $41,520 $8,300 $33,220
2022 $2,719 $30,660 $6,130 $24,530
2021 $2,772 $29,020 $5,800 $23,220
2020 $2,680 $27,160 $5,430 $21,730
2019 $2,629 $25,750 $5,150 $20,600
2018 $2,558 $23,310 $4,660 $18,650
2017 $2,478 $22,020 $4,400 $17,620
2016 $2,843 $21,820 $4,360 $17,460
2015 $2,730 $19,770 $3,950 $15,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6069092

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-686