200 E Southern Ave Unit 224 Tempe, AZ 85282
Alameda NeighborhoodEstimated payment $1,917/month
Highlights
- Unit is on the top floor
- Heated Spa
- Vaulted Ceiling
- Broadmor Elementary School Rated 9+
- City View
- End Unit
About This Home
ASU-AREA INVESTOR OPPORTUNITY in the heart of Tempe! Tenant-occupied 2 bed / 2 bath condo offering immediate rental income and future upside potential. Desirable split floorplan with inside laundry, spacious living areas, a private shaded balcony, and covered parking. Sought-after location approximately 2.5 miles from ASU with convenient access to shopping, dining, major Valley employment centers, and freeways. | An attractive opportunity for buy-and-hold investors, portfolio growth, and 1031 Exchange buyers. Following the current lease, explore future Long-Term or Mid-Term rental strategies, subject to HOA rules and buyer verification. Situated in an always-in-demand rental hub with local property management available for seamless out-of-state portfolios. | One of the few locations to allow 30+ day mid-term rentals (MTR). Capitalize on high-yielding transitional academic stays, corporate, and traveling medical staff. HOA dues include exterior maintenance, roofing, blanket insurance, water, sewer, trash, and access to 2 heated pools and hot tubs. Financing eligibility is subject to lender/project approval and may include conventional, portfolio, DSCR, non-QM, or other alternative financing depending on lender, borrower, and project approval. Investor analysis may be provided upon request. Buyer to independently verify all facts, rental rules, financing, and project eligibility.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,195
Year Built
- Built in 1986
Lot Details
- End Unit
- Two or More Common Walls
- Wood Fence
- Grass Covered Lot
HOA Fees
- $445 Monthly HOA Fees
Home Design
- Brick Veneer
- Wood Frame Construction
- Tile Roof
- Wood Siding
Interior Spaces
- 941 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Great Room
- Living Room with Fireplace
- Combination Dining and Living Room
- City Views
Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Detached Carport Space
- Assigned Parking
Outdoor Features
- Heated Spa
- Balcony
- Outdoor Storage
Location
- Unit is on the top floor
- Property is near bus stop
Schools
- Broadmor Elementary School
- Connolly Middle School
- Tempe High School
Utilities
- Central Air
- Heating Available
Additional Features
- No Interior Steps
- North or South Exposure
Listing and Financial Details
- Tax Lot 224
- Assessor Parcel Number 133-46-233
Community Details
Overview
- Association fees include maintenance exterior, roof repair, roof replacement, insurance, water, sewer, trash, ground maintenance, street maintenance
- City Property Mgmt. Association
- Chesapeake Condominium Subdivision
Amenities
- Common Area
- Laundry Facilities
Recreation
- Fenced Community Pool
- Community Spa
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,195 | $9,971 | ||
| 2024 | $1,103 | $9,497 | ||
| 2023 | $1,103 | $17,120 | $3,420 | $13,700 |
| 2022 | $1,059 | $16,070 | $3,210 | $12,860 |
| 2021 | $1,066 | $14,430 | $2,880 | $11,550 |
| 2020 | $1,033 | $12,180 | $2,430 | $9,750 |
| 2019 | $1,014 | $11,230 | $2,240 | $8,990 |
| 2018 | $989 | $10,180 | $2,030 | $8,150 |
| 2017 | $959 | $9,210 | $1,840 | $7,370 |
| 2016 | $953 | $8,380 | $1,670 | $6,710 |
| 2015 | $915 | $7,460 | $1,490 | $5,970 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2026 06/10/26 | Price Changed | $249,900 | -2.0% | $266 / Sq Ft |
| 05/04/2026 05/04/26 | For Sale | $255,000 | 0.0% | $271 / Sq Ft |
| 03/20/2014 03/20/14 | Rented | $995 | 0.0% | -- |
| 02/18/2014 02/18/14 | Under Contract | -- | -- | -- |
| 01/26/2014 01/26/14 | For Rent | $995 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $130,000 | Clear Title Agency Of Arizon | |
| Interfamily Deed Transfer | -- | Clear Title Agency Of Arizon | |
| Warranty Deed | $99,000 | First American Title Ins Co | |
| Special Warranty Deed | $211,700 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,000 | New Conventional | |
| Closed | $117,000 | New Conventional | |
| Previous Owner | $79,200 | New Conventional | |
| Previous Owner | $201,115 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7009928
APN: 133-46-233
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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Ask me questions while you tour the home.