NOT LISTED FOR SALE

1014 E Spence Ave Unit 206 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $299,000 - $339,000

3 Beds
2 Baths
1,465 Sq Ft
$454/mo HOA Fee

Last Sold October 30, 2019

Last sale price $212,500 $145 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,307/month

68 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Tile Flooring
  • End Unit
  • Eat-In Kitchen
  • Property is near a bus stop

About This Home

As of October 2019

Seller will credit Buyer one years H.O.A fees. ''Completely renovated Gorgeous Condo located minutes from ASU & Tempe City Center .
Largest Unit on the Complex with Pool View & Gym down stairs . condo has 3 bed 2 Bath and big living area which can be converted to couple of bed rooms if looking for investor opportunity . renovation includes New Quartz Counter tops , new Carpet , new Lifetime waterproof Flooring on Living & Bathrooms , new Vanities / Lighting Fixture & New Paint. The H. O. A. covers Water/Sewer/Trash/Insurance & all exterior maintenance . This Gem is a Must See!! won't stay long in market''

Last Agent to Sell the Property

Greg Johnson

United Southwest Realty License #BR008487000 Listed on: 07/24/2019

Last Buyer's Agent

Tom Tokoph

Urban Realty & Development, LLC License #BR114305000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1983

Lot Details

  • End Unit
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $454 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,465 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • Assigned Parking

Location

  • Property is near a bus stop

Schools

  • Mcclintock High School

Utilities

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

Listing and Financial Details

  • Tax Lot 206
  • Assessor Parcel Number 133-10-091

Community Details

Overview

  • Association fees include ground maintenance
  • Delario Homeowners Association, Phone Number (602) 943-2384
  • Delario Condominiums Subdivision

Amenities

  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Year Built

Built in 1983

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Cross Street: Rural and Apache
  • 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: 454.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2018
  • Directions: SOUTH ON RURAL TO SPENCE EAST TO PROPERTY
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: DELARIO CONDOMINIUMS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 454.0
  • Dining Area:Breakfast Bar: Yes
  • 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, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1465.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: End Unit
  • Construction Type: Stucco, Wood Frame
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool, Near Bus Stop, Fitness Center
  • Association Fee: 454.0
  • Association Fee Frequency: Monthly
  • Association Name: DELARIO HOMEOWNERS
  • Phone: 602-943-2384
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: DELARIO HOMEOWNERS
  • 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 Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1470.0
  • Parcel #: 133-10-091

Building Info

  • Builder Name: uk

Tax Info

  • Tax Annual Amount: 1802.0
  • Tax Book Number: 133.00
  • Tax Lot: 206
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Oct 1, 2019
Sold by
Shakir Muhammad and Faisal Nadia
Bought by
Soriano Steven and Soriano Elizabeth
Seller's Agent
Greg Johnson
United Southwest Realty
Buyer's Agent
Tom Tokoph
Urban Realty & Development, LLC
List Price
$274,900
Sold Price
$212,500
Premium/Discount to List
-$62,400
-22.7%
Current Estimated Value
$326,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,343
Avg. Annual Appreciation
7.45%

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 6, 2016
Sold by
The Bank Of New York Mellon
Bought by
Shakir Muhammad and Faisal Nadia
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Aziz Farhat
Farhat & Associates
List Price
$155,000
Sold Price
$129,675
Premium/Discount to List
-$25,325
-16.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%

Purchase Details

Closed on
Dec 8, 2015
Sold by
Labarge Neil
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 17, 2006
Sold by
Tapco Development Llc
Bought by
Labarge Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,080
Interest Rate
8.37%
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
Soriano Steven $212,500 First American Title Ins Co
Shakir Muhammad $129,675 Title365 Agency
The Bank Of New York Mellon $196,812 None Available
Labarge Neil $240,100 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labarge Neil $192,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2019 10/30/19 Sold $212,500 -5.5% $145 / Sq Ft
09/25/2019 09/25/19 Price Changed $224,900 -2.2% $154 / Sq Ft
09/20/2019 09/20/19 Price Changed $229,900 -2.1% $157 / Sq Ft
09/10/2019 09/10/19 Price Changed $234,900 -2.1% $160 / Sq Ft
08/30/2019 08/30/19 Price Changed $239,900 -3.1% $164 / Sq Ft
08/26/2019 08/26/19 Price Changed $247,500 -1.0% $169 / Sq Ft
08/15/2019 08/15/19 Price Changed $249,900 -2.0% $171 / Sq Ft
07/29/2019 07/29/19 Price Changed $254,900 -7.3% $174 / Sq Ft
07/24/2019 07/24/19 For Sale $274,900 0.0% $188 / Sq Ft
07/07/2016 07/07/16 Rented $1,495 0.0% --
07/04/2016 07/04/16 Under Contract -- -- --
06/22/2016 06/22/16 For Rent $1,495 0.0% --
06/21/2016 06/21/16 Off Market $1,495 -- --
05/23/2016 05/23/16 Price Changed $1,495 -3.5% $1 / Sq Ft
05/12/2016 05/12/16 For Rent $1,550 0.0% --
04/13/2016 04/13/16 Sold $129,675 -16.3% $89 / Sq Ft View Prior Sale
04/01/2016 04/01/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $155,000 -- $106 / 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 $1,717 $18,179 -- --
2024 $2,012 $17,313 -- --
2023 $2,012 $23,600 $4,720 $18,880
2022 $1,930 $18,850 $3,770 $15,080
2021 $1,943 $17,380 $3,470 $13,910
2020 $1,884 $17,200 $3,440 $13,760
2019 $1,848 $15,170 $3,030 $12,140
2018 $1,802 $13,550 $2,710 $10,840
2017 $1,749 $12,700 $2,540 $10,160
2016 $1,736 $12,150 $2,430 $9,720
2015 $1,457 $11,160 $2,230 $8,930
Source: Public Records

Agents Affiliated with this Home

  • Greg Johnson

    Seller's Agent in 2019

    Greg Johnson

    United Southwest Realty

    (602) 717-5115

    103 Total Sales

    Greg Johnson
    Section Image
  • Tom Tokoph

    Buyer's Agent in 2019

    Tom Tokoph

    Urban Realty & Development, LLC

    (480) 829-1000

    22 in this area

    27 Total Sales

    Tom Tokoph
    Section Image
  • Deborah Farhat

    Seller's Agent in 2016

    Deborah Farhat

    Farhat & Associates

    7 Total Sales

    Deborah Farhat
    Section Image
  • Marlene Cerreta

    Seller's Agent in 2016

    Marlene Cerreta

    Cerreta Real Estate

    (623) 266-6888

    156 Total Sales

    Marlene Cerreta
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Aziz Farhat

    Farhat & Associates

    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Glen Grunewald

    Cerreta Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5956005

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-10-091

Arizona Maricopa County Tempe 85281 Downtown Tempe

1014 E Spence Ave Unit 206, Tempe, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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