1245 W 1st St Unit 103 Tempe, AZ 85281
Sunset Neighborhood
2
Beds
2
Baths
984
Sq Ft
$218/mo
HOA Fee
Highlights
- Property is near public transit
- Community Pool
- Tile Flooring
- 1 Fireplace
- Patio
- Water Softener
About This Home
As of February 2025Sleek, remodeled condo in the heart of Tempe! This home is a spacious 2 bedroom, 2 full-bathroom condo with in-unit laundry. Located right near the pool with a private patio, this condo is sure to please. Completely remodeled in 2020 including - cabinets, countertops, appliances, flooring, paint, doors, hardware, bathrooms, and even the fireplace! Located near ASU, amazing restaurants, bars, and shops on Mill Avenue, Tempe Center for the Arts, Phoenix Sky Harbor, and Tempe Town Lake!
Last Agent to Sell the Property
West USA Realty License #SA704664000 Listed on: 01/09/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $875
Year Built
- Built in 1986
HOA Fees
- $218 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Wood Frame Construction
- Stucco
Interior Spaces
- 984 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Tile Flooring
- Built-In Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom Updated in 2022
- 2 Bathrooms
Location
- Property is near public transit
- 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
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- Patio
- 884 Sq Ft Lot
Listing and Financial Details
- Tax Lot 103
- Assessor Parcel Number 124-28-056
Community Details
Overview
- Association fees include roof repair, insurance, ground maintenance, street maintenance, trash, maintenance exterior
- Gerson Mgmt Association, Phone Number (480) 921-3332
- Rio Salado Villas Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2020
Sold by
Falasco Derek Andrew
Bought by
Falasco Derek Andrew and Ang Maxine
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2016
Sold by
Falasco Craig and Falasco Jaidi F
Bought by
Falasco Derek A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 18, 2008
Sold by
Bakalos Gonzalez Sergio
Bought by
Falasco Craig and Falasco Jaidi F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 30, 2001
Sold by
Johansen Ernest and Johansen Halina R
Bought by
Bakalos Gonzalez Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,965
Interest Rate
7.15%
Mortgage Type
New Conventional
Similar Homes in Tempe, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | American Title Svc Agcy Llc | |
| Interfamily Deed Transfer | $120,000 | Driggs Title Agency Inc | |
| Warranty Deed | $144,000 | Magnus Title Agency | |
| Warranty Deed | $84,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $96,477 | Credit Line Revolving | |
| Closed | $136,000 | New Conventional | |
| Closed | $93,000 | New Conventional | |
| Closed | $96,000 | New Conventional | |
| Closed | $99,270 | New Conventional | |
| Closed | $105,200 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Negative Amortization | |
| Previous Owner | $81,965 | New Conventional | |
| Closed | -- | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $310,000 | 0.0% | $315 / Sq Ft |
| 01/09/2025 01/09/25 | For Sale | $310,000 | -- | $315 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $875 | $9,031 | -- | -- |
| 2024 | $864 | $8,601 | -- | -- |
| 2023 | $864 | $20,180 | $4,030 | $16,150 |
| 2022 | $825 | $15,820 | $3,160 | $12,660 |
| 2021 | $841 | $14,000 | $2,800 | $11,200 |
| 2020 | $813 | $13,500 | $2,700 | $10,800 |
| 2019 | $798 | $10,860 | $2,170 | $8,690 |
| 2018 | $776 | $10,420 | $2,080 | $8,340 |
| 2017 | $752 | $9,270 | $1,850 | $7,420 |
| 2016 | $748 | $8,150 | $1,630 | $6,520 |
| 2015 | $829 | $6,500 | $1,300 | $5,200 |
Source: Public Records
Agents Affiliated with this Home
-
John Moum
Seller's Agent in 2025
John Moum
West USA Realty
(480) 228-3846
1 in this area
17 Total Sales
-
Kathleen M. Moum
Seller Co-Listing Agent in 2025
Kathleen M. Moum
West USA Realty
(602) 430-0206
1 in this area
56 Total Sales
-
Trent Windsor
Buyer's Agent in 2025
Trent Windsor
My Home Group
(480) 370-7791
1 in this area
42 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6802583
APN: 124-28-056
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.
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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