NOT LISTED FOR SALE

Estimated Value: $627,904 - $703,000

3 Beds
2.5 Baths
2,163 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $275,000 $127 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,100/month

167 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Contemporary Architecture
  • Rover Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of November 2012

Bring your ideas and add some TLC to make this lakefront property your very own ''nest''.This home has great soaring ceilings,a family room fireplace,master suite view deck,Jack 'n Jill bath between 2nd and 3rd bedrooms, lush rear yard with fruit trees and beautiful waterfront views.Upstairs the loft could be a great library or computer station area.The bonus room under the eaves IS ducted and NOT included in square footage.It could be a good playroom for the kids or possible an office. The formal dining room has French doors on it and is currently being used as a den/office. Don't forget all that The Lakes community offers: heated pool and spa,tennis,racquetball, fitness center, parks, fishing and of course a great central Tempe location.
Bring your imagination! 967 Driftwood awaits!

Last Agent to Sell the Property

Joani Frankel

Realty ONE Group License #SA017696000 Listed on: 04/13/2012

Last Buyer's Agent

Sharon Fishman

Skye Realty License #BR536915000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 1979

Lot Details

  • 6,335 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 301-98-045

Community Details

Overview

  • Association fees include ground maintenance
  • Lakes Community HOA, Phone Number (480) 838-1023
  • Built by Lakefront under $300K!
  • The Lakes Aka West Lakes Amd Subdivision, Lakefront Views Floorplan
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,103

Year Built

Built in 1979

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Cross Street: Rural Road and Baseline Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 94.66
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1979
  • Tax Year: 2011
  • Directions: S.on Rural from Baseline to Southshore. E. On Southshore to Compass. N. on Compass to Driftwood.
  • Master Model: Lakefront views
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: The Lakes aka West Lakes AMD
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 284.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 2163.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: 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
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s)
  • Lot Features: Waterfront Lot, Sprinklers In Front
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Bus Stop, Lake Subdivision, Tennis Court(s), Playground, Fitness Center
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 284.0
  • 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

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: 6335.0
  • Parcel #: 301-98-045
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lakefront under $300K!

Tax Info

  • Tax Annual Amount: 3103.0
  • Tax Book Number: 301.00
  • Tax Lot: 112
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2015
Sold by
Brown Kim R
Bought by
Brown Kim Renne and Cho Michael Winter
Total Days on Market
167
Current Estimated Value
$664,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,200
Outstanding Balance
$203,706
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$461,270

Purchase Details

Listed on
Apr 13, 2012
Closed on
Sep 28, 2012
Sold by
Cho Michael W
Bought by
Brown Kim R
Seller's Agent
Joani Frankel
Realty ONE Group
Buyer's Agent
Sharon Fishman
Skye Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$270,019
Interest Rate
2.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2004
Sold by
Giroux Elicia D
Bought by
Laughlin Chris and Laughlin Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1997
Sold by
Walker Lon Mark and Walker Cathleen D
Bought by
Giroux Elicia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1995
Sold by
Strausser Micheal C and Strausser Sherry L
Bought by
Walker Lon Mark and Walker Cathleen D
Source: Public Records

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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
Brown Kim Renne -- First Arizona Title Agency
Brown Kim R -- First American Title Ins Co
Brown Kim R $275,000 First American Title Ins Co
Laughlin Chris $300,000 First American Title Ins Co
Giroux Elicia D $180,500 Chicago Title Insurance Co
Walker Lon Mark $149,000 Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kim Renne $256,200
Previous Owner Brown Kim R $270,019
Previous Owner Laughlin Chris $240,000
Previous Owner Giroux Elicia D $153,000
Previous Owner Giroux Elicia D $162,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $275,000 0.0% $127 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
07/09/2012 07/09/12 Price Changed $275,000 -6.5% $127 / Sq Ft
06/22/2012 06/22/12 Price Changed $294,000 -0.2% $136 / Sq Ft
06/15/2012 06/15/12 Price Changed $294,500 -0.2% $136 / Sq Ft
06/01/2012 06/01/12 Price Changed $295,000 -0.2% $136 / Sq Ft
05/25/2012 05/25/12 Price Changed $295,500 -0.2% $137 / Sq Ft
05/18/2012 05/18/12 Price Changed $296,000 -0.5% $137 / Sq Ft
05/03/2012 05/03/12 Price Changed $297,500 -0.5% $138 / Sq Ft
04/13/2012 04/13/12 For Sale $299,000 -- $138 / 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 $3,434 $35,455 -- --
2024 $3,392 $33,767 -- --
2023 $3,392 $48,320 $9,660 $38,660
2022 $3,239 $35,570 $7,110 $28,460
2021 $3,303 $33,480 $6,690 $26,790
2020 $3,193 $32,820 $6,560 $26,260
2019 $3,132 $31,630 $6,320 $25,310
2018 $3,047 $29,800 $5,960 $23,840
2017 $2,953 $28,100 $5,620 $22,480
2016 $2,938 $27,570 $5,510 $22,060
2015 $2,842 $24,860 $4,970 $19,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4744047

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-98-045