NOT LISTED FOR SALE

1081 W 1st St Unit 9 Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $437,000 - $482,000

3 Beds
2.5 Baths
1,669 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $464,000 $278 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,122/month

15 Days on Market

Highlights

  • Gated Parking
  • 1 Fireplace
  • 3 Car Direct Access Garage
  • Mountain View
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of July 2022

The perfect location - Less than 10 mins drive to Downtown Phoenix, walkable distance to American Airlines Corporate offices, Carvana HQ and DHL Corp Offices. Also very close from Arizona State University (ASU), Tempe Corporate Office Park, Tempe Town Lake, Light Rail, Tempe Marketplace restaurants and shopping, and so on. A fabulous opportunity to enjoy City life, living in a townhome close to all Tempe attractions, yet secluded from City noise. Sky Harbor Airport is less than 10 mins drive, Brand new carpets and paint. Kitchen has island bar with granite counter tops and expensive Culligan RO System. One new AC unit installed in 2021. Three spacious balconies allow lots of space for outdoor relaxation. Massive three car garage with gated entry and internal storage area next to garage. Direct entry from secured garage to condo. It's a MUST SEE !!!

Last Agent to Sell the Property

Ketan Desai

Realty Solutions Group, LLC License #BR555076000 Listed on: 04/25/2022

Last Buyer's Agent

Kathleen Scott

Redfin Corporation License #SA691334000

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 2002

Lot Details

  • 2,672 Sq Ft Lot
  • Grass Covered Lot

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,669 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2021

Community Details

  • Association fees include sewer, ground maintenance, front yard maint, trash, water
  • Salado Grand HOA, Phone Number (480) 396-4567
  • Salado Grand Urban Residences Condominium Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 124-29-265

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,102

Year Built

Built in 2002

Lot Details

0

HOA Fees

$465 per month

Parking

3

Listing Details

  • Cross Street: Roi Salado Parkway and Priest Drive
  • 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: 465.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2021
  • Directions: East on Rio Salado Pkwy, South on 1st St that curves to the east. Condo complex on SE corner of 1st Street and Beck Avenue.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: SALADO GRAND URBAN RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 465.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1669.0
  • Stories: 3
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Other
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Gated
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Gated Parking: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 465.0
  • Association Fee Frequency: Monthly
  • Association Name: Salado Grand HOA
  • 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 HOA
  • Association Fees:HOA Telephone4: 4803964567
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 465.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Front Yard Maint, 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: 2672.0
  • Parcel #: 124-29-265
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2102.0
  • Tax Book Number: 124.00
  • Tax Lot: 9
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 20, 2022
Sold by
Jategaonkar Ashok M and Jategaonkar Sucheta A
Bought by
Molinar Charles Patrick and Molinar Karen Rene
Seller's Agent
Ketan Desai
Realty Solutions Group, LLC
Buyer's Agent
Kathleen Scott
Redfin Corporation
List Price
$494,900
Sold Price
$464,000
Premium/Discount to List
-$30,900
-6.24%
Current Estimated Value
$456,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,894
Avg. Annual Appreciation
-0.53%
Original Mortgage
$480,704
Outstanding Balance
$461,744
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
-$5,151

Purchase Details

Closed on
Aug 4, 2010
Sold by
The Bank Of New York Mellon
Bought by
Jategaonkar Ashok M and Jategaonkar Sucheta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Hanson Robert G and Mortgage Electronic Registrati
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 30, 2005
Sold by
Hanson Kimberly C Sinclair
Bought by
Hanson Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
2%
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

Range of Values:

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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
Molinar Charles Patrick $464,000 Greystone Title
Jategaonkar Ashok M $155,000 First American Title Ins Co
The Bank Of New York Mellon $437,814 First American Title
Hanson Robert G -- Capital Title Agency Inc
Hanson Robert G $415,000 Capital Title Agency Inc
Swaback Robert C $5,300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molinar Charles Patrick $480,704
Previous Owner Jategaonkar Ashok M $116,250
Previous Owner Hanson Robert G $373,500
Previous Owner Swaback Robert C $5,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $464,000 +3.1% $278 / Sq Ft
05/06/2022 05/06/22 Price Changed $449,900 -9.1% $270 / Sq Ft
04/25/2022 04/25/22 For Sale $494,900 -- $297 / 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 $1,904 $19,661 -- --
2024 $1,881 $18,353 -- --
2023 $1,881 $31,780 $6,350 $25,430
2022 $2,087 $25,200 $5,040 $20,160
2021 $2,102 $22,520 $4,500 $18,020
2020 $2,038 $20,970 $4,190 $16,780
2019 $1,999 $20,560 $4,110 $16,450
2018 $1,949 $18,350 $3,670 $14,680
2017 $1,891 $17,300 $3,460 $13,840
2016 $1,878 $16,720 $3,340 $13,380
2015 $1,804 $16,130 $3,220 $12,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6389355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-29-265