NOT LISTED FOR SALE

1245 W 1st St Unit A101 Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $301,421 - $327,000

2 Beds
2.5 Baths
1,072 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $293,500 $274 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,890/month

49 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Balcony
  • 1 Fireplace
  • Covered Patio or Porch
  • Breakfast Bar

About This Home

As of March 2022

NICE DEAL ON THIS 2 BED 2.5 BATH TOWNHOME IN TEMPE! HALF BATH DOWN W/LAUNDRY ROOM CLOSET AND FIREPLACE. 2 MASTERS LOCATED UPSTAIRS, ONE W/WALK IN SHOWER AND THE OTHER HAS TUB, BOTH LEAD OUT TO WONDERFUL PATIO W/VIEWS GALORE! MINUTES TO ASU, DOWNTOWN TEMPE, LIGHT RAIL, HIGHWAYS AND SKY HARBOR AIRPORT!

Last Agent to Sell the Property

Keenan Freeman

Gerson Realty Co. License #SA563090000 Listed on: 12/28/2021

Co-Listed By

Mike Gerson

Gerson Realty Co. License #BR510687000

Last Buyer's Agent

Praveen Kumar Jatta

HomeSmart License #SA699496000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $975

Year Built

  • Built in 1986

Lot Details

  • 574 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

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

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 124-28-054

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, water
  • Gerson Realty Association, Phone Number (480) 921-3332
  • Rio Salado Villas Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$975

Year Built

Built in 1986

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Cross Street: 1ST & HARDY
  • 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: 150.0
  • 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: 1986
  • Tax Year: 2021
  • Directions: W ON 1ST TO PROPERTY ON L
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: gers01
  • Co List Office Phone: 480-921-3332
  • Subdivision Name: RIO SALADO VILLAS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 150.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, 3/4 Bath Master Bdrm, Full Bth Master Bdrm, Laminate Counters
  • Living Area: 1072.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Unassigned, Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: RIO SALADO
  • Phone: 480-921-3332
  • 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: RIO SALADO
  • Association Fees:HOA Telephone4: 480-921-3332
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: GERSON REALTY
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, 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: 574.0
  • Parcel #: 124-28-054

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 975.0
  • Tax Book Number: 124.00
  • Tax Lot: 101
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Kumar Jatta Praveen and Kumar Ashaly
Bought by
1245 1St Street Llc
Current Estimated Value
$313,355

Purchase Details

Listed on
Dec 28, 2021
Closed on
Apr 26, 2022
Sold by
Jatta Investments & Realty Llc
Bought by
Jatta Praveen Kumar
Seller's Agent
Keenan Freeman
Gerson Realty Co.
Buyer's Agent
Praveen Kumar Jatta
HomeSmart
List Price
$275,000
Sold Price
$293,500
Premium/Discount to List
$18,500
6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$243,921
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Hafiz Ferris
Bought by
Araneta Anna T and Araneta Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Mosley Pierre Michelle
Bought by
Hafiz Feras

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
6.98%
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 Buyer Sale Price Title Company
1245 1St Street Llc -- --
Jatta Praveen Kumar -- New Title Company Name
Araneta Anna T $107,000 Fidelity National Title
Hafiz Feras $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jatta Praveen Kumar $243,921
Previous Owner Araneta Anna T $95,850
Previous Owner Hafiz Feras $78,500
Previous Owner Hafiz Feras $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $293,500 +6.7% $274 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $275,000 0.0% $257 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $275,000 0.0% $257 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/28/2021 12/28/21 For Sale $275,000 0.0% $257 / Sq Ft
12/14/2020 12/14/20 For Rent $1,150 0.0% --
12/04/2020 12/04/20 Rented $1,150 0.0% --
11/18/2020 11/18/20 Off Market $1,150 -- --
11/04/2020 11/04/20 For Rent $1,150 +28.5% --
08/06/2014 08/06/14 Rented $895 0.0% --
08/06/2014 08/06/14 Under Contract -- -- --
07/16/2014 07/16/14 For Rent $895 -- --
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 $1,022 $9,125 -- --
2024 $1,010 $8,690 -- --
2023 $1,010 $20,830 $4,160 $16,670
2022 $969 $16,200 $3,240 $12,960
2021 $975 $14,310 $2,860 $11,450
2020 $946 $13,730 $2,740 $10,990
2019 $928 $11,200 $2,240 $8,960
2018 $905 $10,910 $2,180 $8,730
2017 $878 $9,760 $1,950 $7,810
2016 $872 $8,510 $1,700 $6,810
2015 $837 $6,750 $1,350 $5,400
Source: Public Records

Agents Affiliated with this Home

  • Keenan Freeman

    Seller's Agent in 2022

    Keenan Freeman

    Gerson Realty Co.

    (480) 921-3332

    2 in this area

    8 Total Sales

    Keenan Freeman
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mike Gerson

    Gerson Realty Co.

    (480) 921-3332

    2 in this area

    20 Total Sales

    Mike Gerson
    Section Image

  • P

    Buyer's Agent in 2022

    Praveen Kumar Jatta

    HomeSmart

    Section Image
  • Dominique Owens

    Buyer's Agent in 2020

    Dominique Owens

    Close Pros

    (480) 768-9333

    67 Total Sales

    Dominique Owens
    Section Image

  • M

    Seller's Agent in 2014

    Michael Monaghan

    Gerson Realty Co.

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6335746

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-28-054

Arizona Maricopa County Tempe 85281 Sunset

1245 W 1st St Unit A101, Tempe, AZ

This home is located at 1245 W 1st St Unit A101, Tempe, AZ 85281 since 28 December 2021 and is currently estimated at $313,355, approximately $292 per square foot. This property was built in 1986. 1245 W 1st St Unit A101 is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

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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