NOT LISTED FOR SALE

1005 W 5th St Unit 102 Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $241,000 - $298,000

2 Beds
1 Bath
846 Sq Ft
$170/mo HOA Fee

Last Sold May 20, 2019

Last sale price $140,000 $165 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,620/month

134 Days on Market

Highlights

  • Tile Flooring
  • Heating Available
  • 3-minute walk to Jaycee Park
  • Central Air

About This Home

As of May 2019

Beautiful remodeled condo in Tempe!!! Washer and dryer has been added to the unit! Close to schools and freeways! Brand new carpet in bedrooms, fresh new paint throughout the whole house, granite kitchen countertops!! Very conveniently located and very close to ASU. This one will go fast so come look at it as soon as possible! Appraised at $142,000!

Last Agent to Sell the Property

Ivan Enriquez

Strato Homes License #SA672311000 Listed on: 11/30/2018

Last Buyer's Agent

Richard Wilson

Superlative Realty License #SA570660000

Superlative Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $509

Year Built

  • Built in 1962

Lot Details

  • Block Wall Fence

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 846 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Town Lake Condos Association, Phone Number (480) 759-4945
  • Town Lake Condos Subdivision

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 124-36-165

Property Details

Home Type

Condominium

Est. Annual Taxes

$509

Year Built

Built in 1962

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Cross Street: University Dr & Hardy Dr
  • 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: 170.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2018
  • Directions: Head north on Hardy Dr, Turn left onto 5th St. Property is located on the left.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: TOWN LAKE CONDOS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 170.0
  • Cooling:Central Air: Yes
  • Water Source City Water: 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
  • Living Area: 846.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association Name: Town Lake Condos
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Town Lake Condos
  • Association Fees:HOA Telephone4: 480-759-4945
  • 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:Front Yard 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 849.0
  • Parcel #: 124-36-165

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 509.4
  • Tax Book Number: 124.00
  • Tax Lot: 102
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
May 8, 2019
Sold by
The Ded Homes Trust
Bought by
Situ Tom and Wu Lihua
Seller's Agent
Ivan Enriquez
Strato Homes
Buyer's Agent
Richard Wilson
Superlative Realty
List Price
$145,900
Sold Price
$140,000
Premium/Discount to List
-$5,900
-4.04%
Current Estimated Value
$264,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,186
Avg. Annual Appreciation
9.94%
Original Mortgage
$105,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2018
Sold by
Kolo James A and Nationwide Advantage Mortgage
Bought by
Ded Homes Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,680
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2001
Sold by
Town Lake Condos Llc
Bought by
Kolo James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Situ Tom $140,000 Great American Title Agency
Ded Homes Trust $114,800 None Available
Kolo James A $79,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Situ Tom $102,698
Closed Situ Tom $105,000
Previous Owner Ded Homes Trust $166,680
Previous Owner Ded Homes Trust $104,800
Previous Owner Kolo James A $71,860
Previous Owner Kolo James A $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $140,000 -1.3% $165 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $141,900 -0.7% $168 / Sq Ft
03/28/2019 03/28/19 Price Changed $142,900 -0.7% $169 / Sq Ft
03/22/2019 03/22/19 Price Changed $143,900 -0.7% $170 / Sq Ft
03/19/2019 03/19/19 Price Changed $144,900 -0.7% $171 / Sq Ft
03/09/2019 03/09/19 For Sale $145,900 0.0% $172 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $145,900 +4.2% $172 / Sq Ft
01/29/2019 01/29/19 Off Market $140,000 -- --
01/22/2019 01/22/19 Price Changed $145,900 -0.7% $172 / Sq Ft
01/10/2019 01/10/19 Price Changed $146,900 -1.3% $174 / Sq Ft
01/04/2019 01/04/19 Price Changed $148,900 -0.7% $176 / Sq Ft
12/18/2018 12/18/18 Price Changed $149,900 -0.7% $177 / Sq Ft
12/10/2018 12/10/18 Price Changed $150,900 -1.3% $178 / Sq Ft
11/30/2018 11/30/18 For Sale $152,900 -- $181 / 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 $664 $5,926 -- --
2024 $656 $5,644 -- --
2023 $656 $16,770 $3,350 $13,420
2022 $629 $11,660 $2,330 $9,330
2021 $634 $10,370 $2,070 $8,300
2020 $614 $9,680 $1,930 $7,750
2019 $603 $6,810 $1,360 $5,450
2018 $509 $7,010 $1,400 $5,610
2017 $494 $6,930 $1,380 $5,550
2016 $491 $6,250 $1,250 $5,000
2015 $475 $5,160 $1,030 $4,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5852708

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-36-165