5520 S WAVERLY Way, Tempe, AZ 85283

$910,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,809 Lot Size (sq. ft.): 10,197 Status: Closed
Current Price: $910,000 Last Modified: 4/29/2025

Overview

Description

Gorgeous Lake Life in the middle of Tempe! Beautiful home with tons of character & charm that will be hard to find elsewhere. Located on The Island of the Lakes with a large lot, boat dock, an additional workshop/studio (with its own sink, toilet and bi-fold door)that overlooks the lake, 4 bedrooms, 3 bathrooms, dining room, great room connected to another sitting room by a brick fireplace. Cul-de-sac lot, lake views from just about every room, beautifully paved driveway and fruit producing citrus trees all over the property. This truly is location x 3 with quick access to multiple freeways, shopping, entertainment, and ASU.

Supplements: Fantastic home that is waiting to be updated and made to be your own. Home was loved by the same family since 1992! These lake homes don't go on the market every day. You don't want to miss your chance at this rare gem in Tempe! Have your agent schedule a showing TODAY!

Listing Details MLS# 6521814

Location, Tax & Legal

Map Code/Grid
S37
House Number
5520
Compass
S
Street Name
WAVERLY
St Suffix
Way
City/Town Code
Tempe
State/Province
AZ
Zip Code
85283
Zip4
2024
Country
US
County Code
Maricopa
Assessor Number
301-02-168
Subdivision
LAKES TRACT B
Tax Year
2022
Assessor's Map #
2
Legal Description (Abbrev)
LOT 17 LAKES TRACT B MCR 013346
Assessor's Parcel #
168
Tax Municipality
Tempe
Taxes
5773

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
4
Total Bathrooms
3
Approx SQFT
2809
Price/SqFt
323.95
Horses
N
Builder Name
Unknown
Year Built
1979
Approx Lot SqFt
10197
Approx Lot Acres
0.234
Community Pool Y/N
Yes
Private Pool Y/N
Yes
Fireplace YN
Yes
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Rover Elementary School
Jr. High School
Fees College Preparatory Middle School
High School
Marcos De Niza High School

Remarks Misc

Cross Street
Baseline and Lakeshore
Directions
From Baseline turn left onto S Lakeshore Dr to Sandpiper (go right) and left on S Waverly Way. GPS should get you here without any problems!

Status Change Info

Off Market Date
2023-04-14
Under Contract Date
2023-03-27
Close of Escrow Date
2023-05-08

Legal Info

Township
1S
Range
4E
Section
2
Lot Number
17

More Information

Basement

Basement Y/N
N

Items Updated

Roof Yr Updated
2020
Roof Partial/Full
Full

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
6500
Seller Concession $/%
$
Buyer Concession to Seller
0

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
400
HOA Fee
351
HOA Paid Frequency
Quarterly
HOA Name
The Lakes Comm Assoc
HOA Telephone
480.332.0050
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
0
Disclosure Fees HOA
0
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
117

Lockbox Type

Supra
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes

Master Bedroom

Upstairs
Yes
Not Split
Yes

Add'l Property Use

None
Yes

Fireplace Features

Fireplace Family Rm
Yes

Flooring

Carpet
Yes
Tile
Yes

Private Pool Features

Diving Pool
Yes

Community Features

Biking/Walking Path
Yes
Comm Tennis Court(s)
Yes
Lake
Yes
Workout Facility
Yes

Dining Area

Formal
Yes
Dining in LR/GR
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Built-in Microwave
Yes
Pantry
Yes
Wall Oven(s)
Yes
Electric Cooktop
Yes

Cooling

Central Air
Yes

Interior Features

Vaulted Ceiling(s)
Yes
Wet Bar
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Other Rooms

Family Room
Yes
Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

See Remarks
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage Door Opener
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes

Utilities

SRP
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

Waterfront Lot
Yes
Cul-De-Sac Lot
Yes

Landscaping

Yrd Wtring Sys Front
Yes
Yrd Wtring Sys Back
Yes

Services

City Services
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Upstairs; Not Split Fireplace Features: Fireplace Family Rm Flooring: Carpet; Tile Private Pool Features: Diving Pool Spa: None Community Features: Biking/Walking Path; Comm Tennis Court(s); Lake; Workout Facility Dining Area: Formal; Dining in LR/GR Kitchen Features: Electric Cooktop; Dishwasher; Built-in Microwave; Wall Oven(s); Pantry Laundry: Washer Included; Dryer Included Other Rooms: Family Room; Great Room Interior Features: Vaulted Ceiling(s); Wet Bar Parking Features: Garage Door Opener Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: See Remarks Property Description: Waterfront Lot; Cul-De-Sac Lot Landscaping: Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: My Home Group Real Estate
Last Updated: April - 29 - 2025
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