NOT LISTED FOR SALE

1005 E 8th St Unit 3020 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $259,000 - $284,000

2 Beds
1 Bath
730 Sq Ft
$235/mo HOA Fee

Last Sold September 20, 2021

Last sale price $247,000 $338 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,851/month

71 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Community Pool
  • Property is near public transit
  • Granite Countertops
  • Balcony

About This Home

As of September 2021

Great investment opportunity close to ASU! This place is ready to move in. It has brand new carpet and tile floors, it's freshly painted, has granite countertops with beautiful tile kitchen backsplash, and high ceilings. All appliances included. Not only is this lovely upgraded condo just walking distance to ASU and to the light rail station but it's close to Tempe Town Lake and two local freeways. Definitely, a must-see!

Last Agent to Sell the Property

Karla Sicairos

HomeSmart License #SA680684000 Listed on: 06/10/2021

HomeSmart

Last Buyer's Agent

Karla Sicairos

HomeSmart License #SA680684000 Listed on: 06/10/2021

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $873

Year Built

  • Built in 2002

Lot Details

  • 436

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 730 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

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

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 3020
  • Assessor Parcel Number 132-73-392

Community Details

Overview

  • Association fees include sewer, ground maintenance, street maintenance, front yard maint, trash, water
  • Metro Property Svcs Association, Phone Number (480) 967-7182
  • El Adobe Condominiums Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$873

Year Built

Built in 2002

Lot Details

0

HOA Fees

$235 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: N
  • Total Monthly Fee Equivalent: 235.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2020
  • Directions: North on Rural from the 60, then make a right on 8th Street before getting to University Drive. The complex will be on the right hand side.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: EL ADOBE CONDOMINIUMS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 235.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, Vaulted Ceiling(s), Granite Counters
  • Living Area: 730.0
  • Stories: 3
  • ResoLivingAreaSource: Owner
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other, Balcony, Storage
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Stucco, Block
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 235.0
  • 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: 470.0
  • 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: 470.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Metro Property Svcs
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Cecil Shamley School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 528.0
  • Parcel #: 132-73-392
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 873.0
  • Tax Book Number: 132.00
  • Tax Lot: 3020
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 17, 2021
Sold by
Bruce Robert
Bought by
Wattel Jeffrey Daniel
Seller's Agent
Karla Sicairos
HomeSmart
Buyer's Agent
Karla Sicairos
HomeSmart
List Price
$255,000
Sold Price
$247,000
Premium/Discount to List
-$8,000
-3.14%
Total Days on Market
71
Current Estimated Value
$275,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,355
Avg. Annual Appreciation
2.69%
Original Mortgage
$230,860
Outstanding Balance
$212,517
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$60,237

Purchase Details

Closed on
Nov 18, 2019
Sold by
Almazan Requelito and Almazan Helmar
Bought by
Bruce Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,110
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Cwh Real Estate Investments Llc
Bought by
Almazan Requelito and Almazan Helmar
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 Buyer Sale Price Title Company
Wattel Jeffrey Daniel $247,000 Fidelity Natl Ttl Agcy Inc
Bruce Robert $163,000 Title Security Agency Llc
Almazan Requelito $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wattel Jeffrey Daniel $230,860
Previous Owner Bruce Robert $158,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $247,000 -3.1% $338 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $255,000 0.0% $349 / Sq Ft
07/26/2021 07/26/21 Price Changed $255,000 -1.9% $349 / Sq Ft
07/21/2021 07/21/21 For Sale $260,000 0.0% $356 / Sq Ft
07/21/2021 07/21/21 Price Changed $260,000 0.0% $356 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $260,000 -- $356 / Sq Ft
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 $939 $9,698 -- --
2024 $928 $9,236 -- --
2023 $928 $19,060 $3,810 $15,250
2022 $886 $15,210 $3,040 $12,170
2021 $903 $15,000 $3,000 $12,000
2020 $873 $13,580 $2,710 $10,870
2019 $986 $12,560 $2,510 $10,050
2018 $962 $11,550 $2,310 $9,240
2017 $933 $10,230 $2,040 $8,190
2016 $926 $9,150 $1,830 $7,320
2015 $890 $7,960 $1,590 $6,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6249007

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-73-392