NOT LISTED FOR SALE

963 E Morningstar Ln Tempe, AZ 85283

The Lakes Neighborhood

Estimated Value: $594,000 - $659,000

4 Beds
2.5 Baths
2,392 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $375,000 $157 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,684/month

9 Days on Market

Highlights

  • Heated Spa
  • Community Lake
  • Fireplace in Primary Bedroom
  • Rover Elementary School Rated A-
  • Clubhouse
  • Granite Countertops

About This Home

As of July 2020

**PRIME LOCATION!! **THE LAKES** one of Tempe's finest communities with private parks, lakes, community center, heated pool & spa, tennis courts, volleyball court, basketball court, workout facility, and more! This gorgeous home is just 2 homes away from lake access! Features 4 bedrooms, 2.5 bathrooms, 3 car garage, granite countertops, upgraded cabinets, tile throughout the first floor. Tile roof is new in 2010! Remodeled fireplaces in 2012! Garage doors and openers new in 2011! Upstairs air handler new in 2013! Hybrid heat pump electric water heater new in 2012! This home is move in ready! Please show before it's gone! (Diagram is not in scale or proportion, reference only.)

Last Agent to Sell the Property

Sam Tang

Investar Real Estate Specialists License #SA645523000 Listed on: 06/04/2020

Last Buyer's Agent

Hydie Lutzker Pfeiffer

Highland Real Estate License #BR534514000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1977

Lot Details

  • 6,007 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 301-02-744

Community Details

Overview

  • Property has a Home Owners Association
  • Lakes Community HOA, Phone Number (480) 838-1023
  • Lakes Tract D1 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,958

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Rural & Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 105.0
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1977
  • Tax Year: 2019
  • Directions: South on Rural, East on Lamplighter, South on Westshore, East on Morningstar.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: LAKES TRACT D1
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 315.0
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 2392.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Granite Countertops: 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
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Community, Heated, None
  • Disclosures: None
  • Construction Type: Siding, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: Lakes Community 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: Lakes Community HOA
  • 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

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: 6007.0
  • Parcel #: 301-02-744
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2958.0
  • Tax Book Number: 301.00
  • Tax Lot: 45
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Rahman Akhtar
Bought by
Rahman Akhtar and Rahman Samir
Current Estimated Value
$632,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$279,331
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$358,086

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jun 16, 2020
Sold by
Qian Haiyan
Bought by
Rahman Akhtar
Seller's Agent
Sam Tang
Investar Real Estate Specialists
Buyer's Agent
Hydie Lutzker Pfeiffer
Highland Real Estate
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 19, 2017
Sold by
Tyler Chad R
Bought by
Qian Haiyan
Seller's Agent
Mo Yaw
Realty Executives
Buyer's Agent
Christopher Gray
Russ Lyon Sotheby's International Realty
List Price
$350,000
Sold Price
$312,000
Premium/Discount to List
-$38,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Tyler Allison Cluff and Tyler Chad R
Bought by
Tyler Chad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2010
Sold by
Kdtv Llc
Bought by
Tyler Chad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,824
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2010
Sold by
Fernandez Rosemarie E
Bought by
Kdtv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2004
Sold by
Fernandez Rosemarie E
Bought by
Homes Etc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,900
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Sold by
Fernandez Rosemarie E
Bought by
Homes Etc Llc

Purchase Details

Closed on
Jul 26, 2002
Sold by
Simpson Family Llc
Bought by
Fernandez Rosemarie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%

Purchase Details

Closed on
Aug 5, 1998
Sold by
Simpson Rosemarie F and Simpson John A
Bought by
Simpson Family Llc

Purchase Details

Closed on
Aug 22, 1997
Sold by
Mohajerin Saeed
Bought by
Simpson John A and Simpson Rosemarie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1997
Sold by
Mohajerin Masako
Bought by
Mohajerin Saeed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rahman Akhtar -- Clear Title Agency Of Arizon
Rahman Akhtar $375,000 Grand Canyon Title Agency
Qian Haiyan $312,000 Fidelity Natl Title Agency I
Tyler Chad R -- Nations Title Agency Inc
Tyler Chad R -- Nations Title Agency Inc
Tyler Chad R $239,000 Title West Agency Llc
Tyler Chad R $239,000 Title West Agency Llc
Kdtv Llc $188,100 None Available
Homes Etc Llc -- Chicago Title Insurance Co
Fernandez Rosemarie E -- Chicago Title Insurance Co
Fernandez Rosemarie E -- Chicago Title Insurance Co
Homes Etc Llc -- --
Fernandez Rosemarie E -- Chicago Title Insurance Co
Simpson Family Llc -- --
Simpson John A $130,000 Old Republic Title Agency
Mohajerin Saeed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Akhtar $311,250
Previous Owner Tyler Chad R $242,000
Previous Owner Tyler Chad R $235,824
Previous Owner Kdtv Llc $145,000
Previous Owner Kdtv Llc $145,000
Previous Owner Kdtv Llc $145,000
Previous Owner Fernandez Rosemarie E $146,900
Previous Owner Fernandez Rosemarie E $140,000
Previous Owner Simpson John A $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $375,000 -6.1% $157 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $399,500 -1.3% $167 / Sq Ft
06/06/2020 06/06/20 Price Changed $404,900 -1.2% $169 / Sq Ft
06/01/2020 06/01/20 For Sale $410,000 +31.4% $171 / Sq Ft
01/23/2017 01/23/17 Sold $312,000 -8.0% $130 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
12/05/2016 12/05/16 Price Changed $339,000 -3.1% $142 / Sq Ft
11/11/2016 11/11/16 For Sale $350,000 -- $146 / 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 $2,648 $33,489 -- --
2024 $3,203 $31,894 -- --
2023 $3,203 $44,460 $8,890 $35,570
2022 $3,059 $33,080 $6,610 $26,470
2021 $3,119 $31,250 $6,250 $25,000
2020 $3,016 $29,430 $5,880 $23,550
2019 $2,958 $28,100 $5,620 $22,480
2018 $2,878 $25,570 $5,110 $20,460
2017 $2,789 $24,350 $4,870 $19,480
2016 $3,199 $24,330 $4,860 $19,470
2015 $3,073 $22,280 $4,450 $17,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6086378

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-02-744