$158,000
SOLD JAN 31, 2019

1005 E 8th St Unit 3011 Tempe, AZ 85281

Downtown Tempe Neighborhood
1 Bed
1 Bath
755 Sq Ft
$225/mo HOA Fee

Recently Sold

$209 Per Sq Ft

8% Below List Price

121 Days on Market

Highlights

  • Unit is on the top floor
  • Heated Community Pool
  • Eat-In Kitchen
  • Gated Community
  • Balcony
  • Tile Flooring

About This Home

As of September 2024

Adorable loft style condo with ez access to all ASU has to offer! Excellent opportunity for investors or parents with children, or students, going to ASU. Live close to school while needed they have it generate rental income for you when you have moved on. This location will not change!!! So close to SKY Harbor, Highways 101 & 202, light rail too...and dining, shopping, everything a college city has to offer. Everything you could ask for here, security of a gated community, amenities of pool, BBQ grills, and outside gathering spots.

Last Agent to Sell the Property

Kirsten Schafer

Property Plus USA Realty License #BR535992000 Listed on: 08/20/2018

Co-Listed By

Valerie Zimmerman

Arizona View Realty License #SA631160000

Last Buyer's Agent

Joshua Jefferson

My Home Group Real Estate License #SA664521000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $997

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $225 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 755 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Parking Permit Required
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 3011
  • Assessor Parcel Number 132-73-383

Community Details

Overview

  • Association fees include roof repair, sewer, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Metro Properties Association, Phone Number (480) 967-7182
  • Built by The Hansen Company
  • El Adobe Condominiums Subdivision

Recreation

  • Heated Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$997

Year Built

Built in 2002

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Cross Street: University Dr. and Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2017
  • Directions: South on Rural to 8th St and then go East to Property on right.
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: hwrg03
  • Co List Office Phone: 480-393-0893
  • Subdivision Name: EL ADOBE CONDOMINIUMS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 225.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 755.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Permit Required
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd, Community Pool
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: El Adobe Condominium
  • Phone: 480-967-7182
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: El Adobe Condominium
  • Association Fees:HOA Telephone4: 480-967-7182
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 440.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Metro Properties
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, 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: 573.0
  • Parcel #: 132-73-383

Building Info

  • Builder Name: The Hansen Company

Tax Info

  • Tax Annual Amount: 997.0
  • Tax Book Number: 132.00
  • Tax Lot: 3011
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 26, 2024
Sold by
Ackroyd Anne Marie
Bought by
Bauer Kurt and Bauer Anne
Seller's Agent
Jeremy Fierstein
Realty ONE Group
Buyer's Agent
Jaime Blikre
My Home Group Real Estate
List Price
$289,800
Sold Price
$284,800
Premium/Discount to List
-$5,000
-1.73%
Views
9
Current Estimated Value
$278,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,049
Avg. Annual Appreciation
-1.12%

Purchase Details

Closed on
Sep 29, 2021
Sold by
Jefferson Joshua and Ackroyd Anne Marie
Bought by
Ackroyd Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 10, 2019
Sold by
Mussemann George Evan and Mussemann Peggy Lynn
Bought by
Jefferson Joshua and Ackroyd Anne
Seller's Agent
Kirsten Schafer
Property Plus USA Realty
Buyer's Agent
Joshua Jefferson
My Home Group Real Estate
List Price
$172,500
Sold Price
$158,000
Premium/Discount to List
-$14,500
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$125,600
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 2013
Sold by
Mussemann Jaime
Bought by
Mussemann George Evan

Purchase Details

Closed on
Nov 13, 2012
Sold by
Lynn Mussemann George Evan and Lynn Nussemann Peggy
Bought by
Mussemann George Evan and Mussemann Peggy Lynn

Purchase Details

Closed on
Aug 30, 2007
Sold by
Cwh Real Estate Investments Llc
Bought by
Mussemann Jaime and Mussemann Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,160
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Cwh Real Estate Investments Llc
Bought by
Mussemann Jaime and Mussemann Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,160
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $284,800 Security Title Agency
Interfamily Deed Transfer -- First Arizona Title Agency
Warranty Deed $158,000 Magnus Title Agency Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $218,160 Chicago Title Insurance Co
Special Warranty Deed $218,160 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $34,450 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $125,600 Seller Take Back
Previous Owner $143,160 New Conventional
Previous Owner $143,160 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $284,800 -1.7% $377 / Sq Ft
09/06/2024 09/06/24 For Sale $289,800 0.0% $384 / Sq Ft
06/01/2019 06/01/19 Rented $1,350 0.0% --
05/09/2019 05/09/19 For Rent $1,350 0.0% --
01/31/2019 01/31/19 Sold $158,000 -4.2% $209 / Sq Ft
11/02/2018 11/02/18 Price Changed $165,000 -4.3% $219 / Sq Ft
08/20/2018 08/20/18 For Sale $172,500 0.0% $228 / Sq Ft
09/29/2014 09/29/14 Rented $925 -2.6% --
09/29/2014 09/29/14 Under Contract -- -- --
08/21/2014 08/21/14 For Rent $950 -- --
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 $1,161 $10,365 -- --
2024 $1,147 $9,871 -- --
2023 $1,147 $19,870 $3,970 $15,900
2022 $1,100 $15,880 $3,170 $12,710
2021 $1,108 $15,680 $3,130 $12,550
2020 $1,074 $14,260 $2,850 $11,410
2019 $1,054 $13,270 $2,650 $10,620
2018 $1,028 $12,210 $2,440 $9,770
2017 $997 $10,860 $2,170 $8,690
2016 $990 $9,730 $1,940 $7,790
2015 $951 $8,480 $1,690 $6,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5810160

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-383