5521 S WAVERLY Way, Tempe, AZ 85283

$525,000
Property Type: Residential Bedrooms: 4 Baths: 2.5 Square Footage: 2,654 Lot Size (sq. ft.): 10,115 Status: Closed
Current Price: $525,000 Last Modified: 8/01/2025

Overview

Description

This is a truly spectacular executive style home located on a stunning lakefront lot in The Lakes in Tempe. The multiple patios and a private boat dock make a great setting for entertaining family and friends. Over 2650 square feet located on a quiet cul-de-sac lot. At nearly every turn, you are greeted with some absolutely stunning lake views! You’ll love the Oak wood and Travertine flooring, the large wood burning fireplace, the eat-in kitchen with a large bay window with its amazing view and Stainless Steel appliances. The master suite has been beautifully updated and had a private balcony with awesome lake views. The lush back yard has FIVE decks for outdoor entertaining along with your private boat dock. This really is an entertainers paradise. Take a look!

Listing Details MLS# 5265749

Location, Tax & Legal

Map Code/Grid
S37
House Number
5521
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
301-02-163
Subdivision
The Lakes
Tax Year
2014
Assessor's Map #
2
Legal Description (Abbrev)
THE LAKES TRACT B
Assessor's Parcel #
163
Tax Municipality
Tempe
Taxes
4036

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
Full Bathrooms
2
Half Bathrooms
Yes
Total Bathrooms
2.5
Approx SQFT
2654
Price/SqFt
197.81
Horses
N
Builder Name
unknown
Year Built
1974
Approx Lot SqFt
10115
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Planned Comm Name
The Lakes
Marketing Name
The Lakes
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 & Rural
Directions
East on Baseline to Lakeshore - South to Sandpiper - West to Waverly - South to property.

Status Change Info

Off Market Date
2015-06-22
Under Contract Date
2015-06-09
Close of Escrow Date
2015-07-10

Legal Info

Township
1S
Range
4E
Section
2
Lot Number
12

More Information

Basement

Basement Y/N
N

Parking Spaces

Garage Spaces
2
Total Covered Spaces
2
Slab Parking Spaces
0

Miscellaneous

Home Warranty
Yes

Contact Info

List Agent Home Phn
602-803-6425

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Pmt & Rate Info

Down Payment
0
Total Encumbrance
0
Total Asum Mnth Pmts
0

Association & Fees

HOA Y/N
Y
HOA Transfer Fee
400
HOA Fee
290
HOA Paid Frequency
Quarterly
HOA Name
Lakes Community Assn
HOA Telephone
480-838-1023
HOA 2 Y/N
N
PAD Fee Y/N
N
PAD Fee
0
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Cap Improvement/Impact Fee 2
0
Cap Improvement/Impact Fee 2 $/%
$
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
96.66

Master Bathroom

Full Bth Master Bdrm
Yes
Separate Shwr & Tub
Yes
Tub with Jets
Yes

Master Bedroom

Upstairs
Yes

Additional Bedroom

Separate Bedroom Exit
Yes
Master Bedroom Walk-in Closet
Yes

Flooring

Carpet
Yes
Tile
Yes
Wood
Yes

Community Features

Biking/Walking Path
Yes
Children's Playgrnd
Yes
Clubhouse/Rec Room
Yes
Comm Tennis Court(s)
Yes
Community Spa
Yes
Community Spa Htd
Yes
Racquetball
Yes
Lake
Yes
Workout Facility
Yes

Dining Area

Formal
Yes
Eat-in Kitchen
Yes
Breakfast Bar
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Built-in Microwave
Yes
Pantry
Yes
Range/Oven Elec
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Laundry

Washer Hookup
Yes
Inside
Yes

Other Rooms

Family Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Technology

Pre-Wire Srnd Snd
Yes
Cable TV Avail
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Community Pool Features

Heated
Yes

Exterior Features

Balcony
Yes
Covered Patio(s)
Yes
Patio
Yes
Pvt Yrd(s)/Crtyrd(s)
Yes
Other
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage Door Opener
Yes

New Financing

Cash
Yes
Conventional
Yes

Energy/Green Feature

Multi-Zones
Yes

Utilities

SRP
Yes

Existing 1st Loan

Conventional
Yes

Property Description

Waterfront Lot
Yes
Cul-De-Sac Lot
Yes
North/South Exposure
Yes

Landscaping

Grass Front
Yes
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

Clubhouse
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Tub with Jets Master Bedroom: Upstairs Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Flooring: Carpet; Tile; Wood Community Pool Features: Heated Spa: None Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Community Spa; Community Spa Htd; Racquetball; Lake; Workout Facility Dining Area: Formal; Eat-in Kitchen; Breakfast Bar Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Pantry Laundry: Washer Hookup; Inside Other Rooms: Family Room Technology: Pre-Wire Srnd Snd; Cable TV Avail Exterior Features: Balcony; Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Other Parking Features: Garage Door Opener Construction: Block Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron; Block Property Description: Waterfront Lot; Cul-De-Sac Lot; North/South Exposure Landscaping: Grass Front; Yrd Wtring Sys Front; Yrd Wtring Sys Back Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: AZ Brokerage Holdings, LLC
Last Updated: August - 01 - 2025
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