NOT LISTED FOR SALE

1005 E 8th St Unit 1007 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $350,000 - $441,000

4 Beds
2 Baths
1,209 Sq Ft
$220/mo HOA Fee

Last Sold September 21, 2015

Last sale price $192,000 $159 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,413/month

114 Days on Market

Highlights

  • Gated Community
  • Granite Countertops
  • Covered Patio or Porch
  • Property is near public transit
  • Heated Community Pool
  • Double Pane Windows

About This Home

As of September 2015

This 4 bedroom condo is only 2 blocks from the ASU campus and makes for an amazing condo for students or as an investment property. Upgrades include: maple cabinets, granite counters, tile throughout, carpet in the bedrooms, and a first floor location.

Last Agent to Sell the Property

Seth Rich

Realty Executives Listed on: 03/10/2015

Last Buyer's Agent

Seth Rich

E & G Real Estate Services License #SA544589000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 2002

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,209 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Sale
  • Tax Lot 1007
  • Assessor Parcel Number 132-73-355

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, maintenance exterior
  • El Adobe Association, Phone Number (480) 967-7182
  • El Adobe Condominiums Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,416

Year Built

Built in 2002

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Cross Street: University and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 220.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2014
  • Directions: East on University, South on Dorsey, West on 8th Street to property
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: EL ADOBE CONDOMINIUMS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 220.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters
  • Living Area: 1209.0
  • Stories: 3
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block, Wrought Iron
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: El Adobe
  • Phone: 480-967-7182
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: El Adobe
  • Association Fees:HOA Telephone4: 480-967-7182
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Curry Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1208.0
  • Parcel #: 132-73-355

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1416.0
  • Tax Book Number: 132.00
  • Tax Lot: 1007
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2018
Sold by
Li Tang and Li Shuguang
Bought by
Sunrise Worldwide Llc
Current Estimated Value
$386,753

Purchase Details

Closed on
Jul 6, 2015
Sold by
Smith Andrew and Smith Jayme
Bought by
Tang Lei and Li Shuguang

Purchase Details

Closed on
May 22, 2008
Sold by
Cwh Real Estate Investments Llc
Bought by
Smith Andrew D and Smith Jayme D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.88%
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
Sunrise Worldwide Llc -- None Available
Tang Lei $192,000 First Arizona Title Agency
Tang Lei $192,000 First Arizona Title Agency
Smith Andrew D $290,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Andrew D $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2015 09/21/15 Sold $192,000 -6.3% $159 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/24/2015 06/24/15 Price Changed $205,000 -14.9% $170 / Sq Ft
06/22/2015 06/22/15 For Sale $241,000 0.0% $199 / Sq Ft
06/22/2015 06/22/15 Price Changed $241,000 +23.6% $199 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $195,000 0.0% $161 / Sq Ft
07/01/2014 07/01/14 Rented $1,650 0.0% --
06/23/2014 06/23/14 Under Contract -- -- --
05/27/2014 05/27/14 For Rent $1,650 -- --
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 $1,787 $15,957 -- --
2024 $1,766 $15,197 -- --
2023 $1,766 $30,480 $6,090 $24,390
2022 $1,694 $23,150 $4,630 $18,520
2021 $1,706 $22,100 $4,420 $17,680
2020 $1,654 $20,750 $4,150 $16,600
2019 $1,623 $18,780 $3,750 $15,030
2018 $1,582 $17,320 $3,460 $13,860
2017 $1,535 $15,800 $3,160 $12,640
2016 $1,524 $14,880 $2,970 $11,910
2015 $1,464 $13,130 $2,620 $10,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5252653

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-355