$129,675
SOLD APR 13, 2016

1014 E Spence Ave Unit 206 Tempe, AZ 85281

Downtown Tempe Neighborhood
3 Beds
2 Baths
1,465 Sq Ft
$378/mo HOA Fee

Recently Sold

$89 Per Sq Ft

16% Below List Price

43 Days on Market

Highlights

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

About This Home

As of October 2019

Condo located in the heart of Tempe, walking distance to ASU. This 3 bedroom, 2 bath upstairs unit has an open floor plan with wood laminate floors, cherry kitchen cabinets and upgraded appliances. Laundry hook-up available inside the unit. Condo overlooks the pool and the fitness is located below the unit. This condo comes with one parking space. This quiet unit is ready for your personal touches, come home today.

Last Agent to Sell the Property

Marlene Cerreta

Cerreta Real Estate License #BR536275000 Listed on: 02/18/2016

Co-Listed By

Glen Grunewald

Cerreta Real Estate License #SA038864000

Last Buyer's Agent

Aziz Farhat

Farhat & Associates License #SA581334000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1983

Lot Details

  • End Unit
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,465 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

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

  • Refrigerated Cooling System
  • 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 Condominiums Association, Phone Number (602) 943-2384
  • Delario Condominiums Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,457

Year Built

Built in 1983

Lot Details

0

HOA Fees

$378 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: 378.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2015
  • Directions: SOUTH ON RURAL TO SPENCE ~ EAST TO PROPERTY
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: cerr01
  • Co List Office Phone: 623-266-6888
  • Subdivision Name: DELARIO CONDOMINIUMS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 378.0
  • Special Features: Auction

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: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1465.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • 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
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Common Walls: End Unit
  • Construction Type: Stucco, Frame - Wood
  • 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: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool, Near Bus Stop, Clubhouse
  • Amenities: Self Managed
  • Association Fee: 378.0
  • Association Fee Frequency: Monthly
  • Association Name: DELARIO CONDOMINIUMS
  • Phone: 602-943-2384
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: DELARIO CONDOMINIUMS
  • Association Fees:HOA Telephone4: 602-943-2384
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 756.16
  • 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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1457.0
  • 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%
Total Days on Market
43
Current Estimated Value
$351,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,878
Avg. Annual Appreciation
9.41%

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 Type Sale Price Title Company
Warranty Deed $212,500 First American Title Ins Co
Cash Sale Deed $129,675 Title365 Agency
Trustee Deed $196,812 None Available
Special Warranty Deed $240,100 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $192,080 New Conventional
Previous Owner $24,010 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $1,605 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5400932

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-10-091