$325,000
SOLD JUN 30, 2020

1081 W 1st St Unit 10 Tempe, AZ 85281

Sunset Neighborhood
3 Beds
2.5 Baths
1,647 Sq Ft
$425/mo HOA Fee

Recently Sold

$197 Per Sq Ft

1% Below List Price

10 Days on Market

Highlights

  • Gated Community
  • Balcony
  • Dual Vanity Sinks in Primary Bathroom
  • Granite Countertops
  • 3 Car Direct Access Garage
  • Breakfast Bar

About This Home

As of July 2023

If a prime Tempe location is what you desire, then look no more! This 3 bedroom/2.5 bathroom condo is located within a short distance of much that Tempe has to offer. Just a 1/2 mile out the front door & Tempe Town Lake Trail is at your disposal! WalkScore gives this location a 95 for bicyclists-even referred to it as a bikers paradise! BUT-you have a 3 CAR GARAGE-yes, that's right-an extra length, 3 car garage with direct access to the unit! Have a lot of stuff to carry up? The complex elevator is located right next to your garage. This floor plan is set up perfectly for roommates. Lots of storage. Numerous balconies & patios. Street level frontage & access is great for quick trips in & out & for visitors too! Small 18 unit complex, amazing location, all appliances included too!

Last Agent to Sell the Property

Dawn Matesi

Locality Real Estate License #BR571320000 Listed on: 05/07/2020

Locality Real Estate

Last Buyer's Agent

Eva Marin

Realty ONE Group License #BR549132000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 2002

Lot Details

  • 1 Common Wall

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,647 Sq Ft Home
  • 3-Story Property

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is below another unit
  • Property is near a bus stop

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 124-29-266

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Ogden Red Mountain Association, Phone Number (480) 396-4567
  • Salado Grand Urban Residences Condominium Subdivision
  • FHA/VA Approved Complex

Recreation

  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,980

Year Built

Built in 2002

Lot Details

0

HOA Fees

$425 per month

Parking

3

Listing Details

  • Cross Street: Rio Salado & Priest
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 425.0
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: Head East on Rio Salado. North on 1st Street, road curves around. South on Beck. Unit 10 has street level frontage & access.
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: SALADO GRAND URBAN RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 425.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, Fire Sprinklers, Kitchen Island, Double Vanity, Granite Counters
  • Living Area: 1647.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Near Bus Stop, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association Name: Salado Grand
  • Phone: 480-396-4567
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Salado Grand
  • Association Fees:HOA Telephone4: 480-396-4567
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 850.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Ogden Red Mountain
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street 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, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

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: 2672.0
  • Parcel #: 124-29-266
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1980.0
  • Tax Book Number: 124.00
  • Tax Lot: 10
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 31, 2023
Sold by
Bishop Randall B
Bought by
Sabharwal Harminder and Sabharwal Inder
Seller's Agent
Jennifer Bellinger
Russ Lyon Sotheby's International Realty
Buyer's Agent
Amanda DeWan
Realty ONE Group
List Price
$469,000
Sold Price
$469,000
Total Days on Market
10
Views
44
Current Estimated Value
$449,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,962
Avg. Annual Appreciation
-2.28%
Original Mortgage
$429,486
Outstanding Balance
$421,593
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$27,445

Purchase Details

Listed on
Jul 16, 2020
Closed on
Jun 7, 2020
Sold by
Stevens Ronald K and Stevens Joyce R
Bought by
Bishop Randall B
Seller's Agent
Aaron Couch
CPMS, Inc.
Buyer's Agent
Aaron Couch
CPMS, Inc.
Sold Price
$2,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$243,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 16, 2018
Sold by
Offerpad Spvborrower16 Llc
Bought by
Stevens Ronald K and Stevens Joyce R
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Kate Copenhaver
HomeSmart
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$120,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2017
Sold by
Molloy J Patrick and Molloy Patricia A
Bought by
Offerpad Llc

Purchase Details

Closed on
Feb 21, 2010
Sold by
Molloy John Patrick and Molloy Patricia Ann
Bought by
Molloy J Patrick and Molloy Patricia A

Purchase Details

Closed on
Feb 12, 2010
Sold by
Harland Susan
Bought by
Molloy John Patrick and Molloy Patricia Ann

Purchase Details

Closed on
Sep 15, 2005
Sold by
Cotton Gin Loop Llc
Bought by
Harland Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2005
Sold by
Radical Bunny Llc
Bought by
Swaback Robert C and Swaback Gaye J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
5.77%
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 Type Sale Price Title Company
Warranty Deed $469,000 Roc Title
Warranty Deed $325,000 Chicago Title Agency
Warranty Deed $240,000 First American Title Insuran
Warranty Deed $272,000 First American Title Insuran
Interfamily Deed Transfer -- None Available
Cash Sale Deed $165,000 Magnus Title Agency
Warranty Deed $395,000 Tsa Title Agency
Special Warranty Deed $5,300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,486 FHA
Previous Owner $243,750 New Conventional
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $107,000 Credit Line Revolving
Previous Owner $318,200 Negative Amortization
Previous Owner $5,200,000 New Conventional
Closed $39,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $469,000 0.0% $285 / Sq Ft
06/28/2023 06/28/23 For Sale $469,000 0.0% $285 / Sq Ft
06/02/2023 06/02/23 For Sale $469,000 0.0% $285 / Sq Ft
07/28/2020 07/28/20 Rented $2,300 0.0% --
07/27/2020 07/27/20 Under Contract -- -- --
07/16/2020 07/16/20 For Rent $2,300 0.0% --
06/30/2020 06/30/20 Sold $325,000 -1.5% $197 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $329,900 +37.5% $200 / Sq Ft
04/20/2018 04/20/18 Sold $240,000 -4.0% $146 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $249,900 -3.8% $152 / Sq Ft
02/16/2018 02/16/18 For Sale $259,900 -- $158 / 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 $1,816 $19,472 -- --
2024 $1,863 $18,545 -- --
2023 $1,863 $31,550 $6,310 $25,240
2022 $1,779 $25,010 $5,000 $20,010
2021 $1,814 $22,360 $4,470 $17,890
2020 $2,018 $20,800 $4,160 $16,640
2019 $1,980 $20,380 $4,070 $16,310
2018 $1,931 $18,170 $3,630 $14,540
2017 $1,622 $17,120 $3,420 $13,700
2016 $1,614 $16,530 $3,300 $13,230
2015 $1,561 $15,960 $3,190 $12,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6074864

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-29-266