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Sold for $425,000 on 10/24/24
  • $425,000

    5617 S Sailors Reef Rd, Tempe, AZ 85283

    3beds
    2baths
    1,669sqft
    Single Family Residence
    Built in 1971
    5,192 Square Feet Lot
    $412,600 Zestimate®
    $255/sqft
    $2,319 Estimated rent

    Home value

    $412,600

    $375,000 - $454,000

    $2,319/mo

    Zestimate® history
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    What's special

    Welcome to this charming single-story home in the picturesque Tempe Lakes community! This inviting residence has been updated with all the essentials for worry-free living, including recent roof replacement, energy-efficient windows, a modern air conditioning system, and water heater. But the benefits don't stop at your front door. As a resident of Tempe Lakes, you'll have access to an array of outstanding community amenities. Enjoy leisurely strolls or invigorating bike rides along well-maintained paths. Children will delight in the community playground, while active adults can take advantage of the various sports facilities, including a gym, tennis, pickleball, and handball/racquetball courts. For those who prefer a more relaxed pace, the heated pool and spa can work wonders.

    Zillow last checked: 8 hours ago

    Listing updated: July 31, 2025 at 11:24am

    Listed by:

    Mark Palacio 602-770-0292,

    Citiea,

    Karl Tunberg,

    Citiea

    Bought with:

    Danica Scipione, SA645609000

    Good Oak Real Estate

    Source: ARMLS,MLS#: 6754531MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • Eat-in Kitchen, Full Bth Master Bdrm
    • Windows: Double Pane Windows
    • Has basement: No
    Interior area
    • Total structure area: 1,669
    • Total interior livable area: 1,669 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 5,192 sqft
    • Features: Grass Front
    Details
    • Parcel number: 30102244

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Fixer
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Racquetball, Pickleball, Lake, Community Spa, Community Spa Htd, Community Pool, Transportation Svcs, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
    Location
    • Region: Tempe
    • Subdivision: LAKES TRACT F-1

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $368 quarterly
    • Services included: Maintenance Grounds, Street Maint
    • Association name: The Lakes Community
    • Association phone: 480-838-1023

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/5/2024Listing removed$2,650$2/sqft
    Source: Zillow Rentals
    11/20/2024Listed for rent$2,650$2/sqft
    Source: Zillow Rentals
    10/24/2024Sold$425,000-0.9%$255/sqft
    Source: ARMLS #6754531
    9/25/2024Pending sale$429,000$257/sqft
    Source: ARMLS #6754531
    9/9/2024Listed for sale$429,000$257/sqft
    Source: ARMLS #6754531

    Public tax history

    YearProperty taxesTax assessment
    2024$2,330 +1.2%$40,810 +86.1%
    2023$2,302 +4.2%$21,928 -21.4%
    2022$2,209 +1.4%$27,910 +7.6%

    Find assessor info on the county website

    Neighborhood: The Lakes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rover Elementary School
    • Middle: Fees College Preparatory Middle School
    • High: Marcos De Niza High School
    • District: Tempe Elementary School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $412,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $412,600