NOT LISTED FOR SALE

2040 S Rural Rd Unit D Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $298,000 - $309,536

3 Beds
2 Baths
1,114 Sq Ft
1975 Built

Last Sold July 15, 2020

Last sale price $205,000 $184 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,728/month

Highlights

  • Unit is on the top floor
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Property is near public transit
  • Community Pool
  • Tile Flooring

About This Home

As of August 2021

3 bed 2 bath updated condo located in Tempe, close to ASU. This condo has wood like tile through main areas. The large living room boasts vaulted ceilings. Master shower has recently been updated. Kitchen features painted cabinets, stainless steel fridge and stove with an eat-in kitchen. There is inside laundry with full size washer and dryer. Step outside the sliding glass doors onto the private patio that overlooks the community pool. Conveniently located near Light Rail, ASU, Tempe Marketplace, Tempe Town Lake, downtown Tempe, Loops 101 and 202.
Pictures were taken when property was vacant.

Last Agent to Rent the Property

Sheresa Pompay-Tranor

DeLex Realty License #SA628807000 Listed on: 08/16/2021

DeLex Realty

Last Renter's Agent

Sheresa Pompay-Tranor

DeLex Realty License #SA628807000 Listed on: 08/16/2021

DeLex Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1975

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,114 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Broadmor Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 8/16/21
  • $25 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Legal Lot and Block 2040 / D
  • Assessor Parcel Number 133-25-132-A

Community Details

Overview

  • Property has a Home Owners Association
  • Joshua Square Association, Phone Number (480) 759-4945
  • Joshua Square Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,421

Year Built

Built in 1975

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2021-08-16

Listing Details

  • Cross Street: Rural and Broadway
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Rental Info H O A Name: Joshua Square
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 25.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: JOSHUA SQUARE
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1114.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Storage
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop
  • Association Name: Joshua Square
  • Phone: 480-759-4945
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Broadmor Elementary School
  • High School: Tempe High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size Sq Ft: 132.0
  • Parcel #: 133-25-132-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Block: D
  • Tax Book Number: 133.00
  • Tax Lot: 2040
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Trainor Steve D and Trainor Sheresa
Bought by
Sts Tempe Rental 2 Llc
Current Estimated Value
$304,884

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 8, 2020
Sold by
Mhc Blue Llc
Bought by
Trainor Steve D and Trainor Sheresa
Seller's Agent
Richard Stinebuck
HomeSmart
Buyer's Agent
Sheresa Pompay-Tranor
DeLex Realty
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$164,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2018
Sold by
Mhc Green L L C
Bought by
Mhc Blue L L C

Purchase Details

Closed on
May 17, 2007
Sold by
Mcwhirter Mark J and Mcwhirter Kathryn J
Bought by
Mhc Green Llc

Purchase Details

Closed on
Aug 20, 2002
Sold by
Mcwhirter J Jeffries and Mcwhirter Mary
Bought by
Mcwhirter Mark J and Mcwhirter Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,950
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2002
Sold by
Lydic Jessica L
Bought by
Mcwhirter J Jeffries and Mcwhirter Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,950
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1999
Sold by
Jeitz Mark H
Bought by
Lydic Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
7.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sts Tempe Rental 2 Llc -- None Available
Trainor Steve D $205,000 Magnus Title Agency
Mhc Blue L L C -- None Available
Mhc Green Llc -- None Available
Mcwhirter Mark J -- Fidelity Title
Mcwhirter J Jeffries $85,000 Fidelity National Title
Lydic Jessica L $79,900 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trainor Steve D $164,000
Previous Owner Mcwhirter J Jeffries $67,950
Previous Owner Lydic Jessica L $75,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2025 09/17/25 Off Market $2,250 -- --
07/24/2025 07/24/25 For Rent $2,250 +18.7% --
08/23/2021 08/23/21 Rented $1,895 0.0% --
08/17/2021 08/17/21 Under Contract -- -- --
08/16/2021 08/16/21 For Rent $1,895 0.0% --
07/15/2020 07/15/20 Sold $205,000 0.0% $184 / Sq Ft View Prior Sale
05/30/2020 05/30/20 For Sale $205,000 0.0% $184 / Sq Ft
05/30/2020 05/30/20 Price Changed $205,000 +2.5% $184 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/20/2020 05/20/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $200,000 -- $180 / 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 $1,421 $11,853 -- --
2024 $1,312 $11,288 -- --
2023 $1,312 $19,820 $3,960 $15,860
2022 $1,258 $15,730 $3,140 $12,590
2021 $1,267 $14,580 $2,910 $11,670
2020 $1,228 $12,730 $2,540 $10,190
2019 $1,205 $12,230 $2,440 $9,790
2018 $1,175 $10,760 $2,150 $8,610
2017 $1,140 $10,020 $2,000 $8,020
2016 $1,132 $9,270 $1,850 $7,420
2015 $1,088 $8,570 $1,710 $6,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6279956

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-25-132A