NOT LISTED FOR SALE

1055 W 5th St Unit 10 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $240,000 - $348,000

2 Beds
1.5 Baths
984 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $251,500 $256 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,816/month

79 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Tile Flooring
  • Contemporary Architecture
  • Double Pane Windows
  • 5-minute walk to Jaycee Park

About This Home

As of March 2023

Great opportunity to own near ASU. 2 bedroom 1.5 bath condo at a great price. Investors dream as there is a month to month tenant in place that would love to stay. These properties are hard to come by and this one is priced to sell quickly.

Last Agent to Sell the Property

Phillip Bolstad

Southwest Property Sales & Leasing License #SA042023000 Listed on: 10/17/2022

Last Buyer's Agent

Kelly Khalil

Redfin Corporation License #SA657673000

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1984

Lot Details

  • 49 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 984 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Parking

  • 1 Carport Space
  • Common or Shared Parking

Pool

  • Private Pool
  • Fence Around Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 124-36-043

Community Details

Overview

  • Association fees include trash, water
  • San Tan Management Association, Phone Number (480) 813-0300
  • 5Th Street Condominiums Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,000

Year Built

Built in 1984

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Cross Street: 5th Street and Priest
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 235.2
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2022
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: 5TH STREET CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 235.2
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar
  • Living Area: 984.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Natural Desert Front
  • Pool Features: Fenced
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 235.2
  • Association Fee Frequency: Monthly
  • Association Name: San Tan Management
  • Phone: 480-813-0300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: San Tan Management
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Trash, Water

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49.0
  • Parcel #: 124-36-043
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Book Number: 124.00
  • Tax Lot: 10
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Gilmore Rae Llc
Bought by
Sunset Rising Llc
Current Estimated Value
$284,201

Purchase Details

Closed on
Oct 22, 2023
Sold by
Gilmore Rae Llc
Bought by
Sunset Rising Llc

Purchase Details

Listed on
Oct 17, 2022
Closed on
Mar 1, 2023
Sold by
George & Sandra Fisher 2017 Trust
Bought by
Gilmore Rae Llc
Seller's Agent
Phillip Bolstad
Southwest Property Sales & Leasing
Buyer's Agent
Kelly Khalil
Redfin Corporation
List Price
$279,900
Sold Price
$251,500
Premium/Discount to List
-$28,400
-10.15%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Nov 26, 2018
Sold by
Fisher Geroge
Bought by
Fisher George and Fisher Sandra
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
Sunset Rising Llc -- None Listed On Document
Sunset Rising Llc -- None Listed On Document
Gilmore Rae Llc $251,500 First Arizona Title
Fisher George -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $251,500 -2.3% $256 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/18/2022 12/18/22 Price Changed $257,400 -2.8% $262 / Sq Ft
11/15/2022 11/15/22 Price Changed $264,900 -5.4% $269 / Sq Ft
10/17/2022 10/17/22 For Sale $279,900 -- $284 / 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 $1,129 $9,416 -- --
2024 $1,042 $8,968 -- --
2023 $1,042 $17,300 $3,460 $13,840
2022 $1,000 $12,960 $2,590 $10,370
2021 $1,007 $12,150 $2,430 $9,720
2020 $976 $10,620 $2,120 $8,500
2019 $957 $9,720 $1,940 $7,780
2018 $934 $9,070 $1,810 $7,260
2017 $906 $8,120 $1,620 $6,500
2016 $900 $8,060 $1,610 $6,450
2015 $864 $7,920 $1,580 $6,340
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Phillip Bolstad

    Southwest Property Sales & Leasing

    (928) 778-7036

    2 in this area

    42 Total Sales

    Phillip Bolstad
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Khalil

    Redfin Corporation

    Kelly Khalil
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6478635

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-36-043

Arizona Maricopa County Tempe 85281 Downtown Tempe

1055 W 5th St Unit 10, 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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