NOT LISTED FOR SALE

1014 E Spence Ave Unit 202 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $233,000 - $265,000

1 Bed
1 Bath
750 Sq Ft
871 Sq Ft Lot

Last Sold January 28, 2013

Last sale price $56,175 $75 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $1,494/month

148 Days on Market

Highlights

  • Unit is on the top floor
  • Clubhouse
  • Heated Community Pool
  • Heated Spa
  • Property is near public transit
  • Breakfast Bar

About This Home

As of January 2013

1 bedroom/1 bath condo close to 101, US60, light rail & ASU. Features include dining room, family room, breakfast bar & window coverings. This remarkable property is available for immediate sale. The seller is very responsive and the property is a perfect opportunity. Special financing options available – ask your agent for details.

Last Agent to Sell the Property

Paul Whittle

American Allstar Realty License #BR531220000 Listed on: 08/10/2012

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $686

Year Built

  • Built in 1983

Lot Details

  • 871

Parking

  • 1 Open Parking Space

Home Design

  • Stucco

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Breakfast Bar
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Pool

  • Heated Spa

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Joseph P. Spracale Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 133-10-087

Community Details

Overview

  • Property has a Home Owners Association
  • Comm. Mgmt. Association, Phone Number (602) 943-2384
  • Delario Condominiums Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$686

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Broadway & Rural
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 178.23
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Year Built: 1983
  • Tax Year: 2011
  • Directions: N on Rural to E on Spence
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: DELARIO CONDOMINIUMS
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 178.23
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Vinyl
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 750.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Slump Block
  • Roof: Rolled/Hot Mop
  • Construction:Slump Block: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Comm. Mgmt.
  • Phone: 602-943-2384
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Comm. Mgmt.
  • Association Fees:HOA Telephone4: 602.943.2384
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Schools

  • Elementary School: Joseph P. Spracale Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 754.0
  • Parcel #: 133-10-087
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 686.0
  • Tax Book Number: 133.00
  • Tax Lot: 202
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Jan 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Malekooti Hashem and Malekooti Stacie
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$94,900
Sold Price
$56,175
Premium/Discount to List
-$38,725
-40.81%
Total Days on Market
148
Current Estimated Value
$249,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,200
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Jul 19, 2012
Sold by
Norwood Daniel J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 22, 2006
Sold by
Tapco Development Llc
Bought by
Norwood Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,600
Interest Rate
6.57%
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 Buyer Sale Price Title Company
Malekooti Hashem -- Servicelink
Federal National Mortgage Association $66,000 None Available
Norwood Daniel J $135,790 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norwood Daniel J $108,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2013 01/28/13 Sold $56,175 0.0% $75 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
11/30/2012 11/30/12 Off Market $56,175 -- --
11/12/2012 11/12/12 Price Changed $69,900 -12.1% $93 / Sq Ft
10/11/2012 10/11/12 Price Changed $79,500 -4.1% $106 / Sq Ft
09/10/2012 09/10/12 Price Changed $82,900 -12.6% $111 / Sq Ft
08/09/2012 08/09/12 For Sale $94,900 -- $127 / 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 $1,133 $10,115 -- --
2024 $1,119 $9,634 -- --
2023 $1,119 $16,200 $3,240 $12,960
2022 $1,074 $12,530 $2,500 $10,030
2021 $1,081 $11,600 $2,320 $9,280
2020 $1,048 $11,010 $2,200 $8,810
2019 $1,028 $9,450 $1,890 $7,560
2018 $1,003 $8,360 $1,670 $6,690
2017 $973 $7,560 $1,510 $6,050
2016 $966 $6,880 $1,370 $5,510
2015 $928 $6,210 $1,240 $4,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4801971

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-10-087