NOT LISTED FOR SALE

2402 E 5th St Unit 1401 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $358,919 - $383,000

2 Beds
2 Baths
1,088 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 10, 2014

Last sale price $188,000 $173 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,246/month

53 Days on Market

Highlights

  • Gated Community
  • End Unit
  • Community Pool
  • Property is near public transit
  • Granite Countertops
  • Balcony

About This Home

As of February 2014

Really nice Villagio condo in a great location. Plenty of guest parking nearby! 2 bedrooms, 2 baths, granite counters, appliances stay, nice balcony, functional floor plan and your own garage. Awesome Tempe location, easy freeway access, very close to the new Cubs Stadium, newer construction, 2 community pools. You need to take a look!

Last Agent to Sell the Property

Nick Bastian

Realty Executives Arizona Territory License #SA045994000 Listed on: 11/16/2013

Realty Executives Arizona Territory

Co-Listed By

Lori Bastian

Realty Executives Arizona Territory License #SA554436000

Last Buyer's Agent

Rod Roberts

Realty ONE Group License #SA557714000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 2007

Lot Details

  • 2,034 Sq Ft Lot
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 159 / 1044
  • Assessor Parcel Number 135-41-230

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Aam Association, Phone Number (602) 957-9191
  • Built by D R Horton
  • Villagio At Tempe Condominiuns Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,455

Year Built

Built in 2007

Lot Details

0

HOA Fees

$155 per month

Parking

1

Listing Details

  • Cross Street: Price and Rio Salado
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 155.0
  • Basement: N
  • Legal Info Plat: 421201
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2013
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: reax15
  • Co List Office Phone: 480-839-2600
  • Subdivision Name: Villagio at Tempe Condominiuns
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 172.79
  • Association Fees:HOA Fee2: 155.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 1088.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Near Light Rail Stop
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association Name: AAM
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AAM
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2034.0
  • Parcel #: 135-41-230

Building Info

  • Builder Name: D R Horton

Tax Info

  • Tax Annual Amount: 1455.0
  • Tax Block: 1044
  • Tax Book Number: 135.00
  • Tax Lot: 159
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2015
Sold by
Lapenna Thomas Michael
Bought by
Lapenna Thomas Michael and Donald F Lapenna Trust
Current Estimated Value
$367,832

Purchase Details

Listed on
Nov 16, 2013
Closed on
Feb 6, 2014
Sold by
Lanmore Llc
Bought by
Lapenna Thomas Michael
Seller's Agent
Nick Bastian
Realty Executives Arizona Territory
Buyer's Agent
Rod Roberts
Realty ONE Group
List Price
$191,000
Sold Price
$188,000
Premium/Discount to List
-$3,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
May 7, 2007
Sold by
Cummins David A and Cummins Imelda
Bought by
Lanmore Llc

Purchase Details

Closed on
Jan 16, 2007
Sold by
D R Horton Inc
Bought by
Cummins David A and Cummins Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lapenna Thomas Michael -- None Available
Lapenna Thomas Michael $188,000 Equity Title Agency Inc
Lanmore Llc -- None Available
Cummins David A $210,503 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummins David A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2014 02/10/14 Sold $188,000 -0.5% $173 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/03/2014 01/03/14 Price Changed $189,000 -1.0% $174 / Sq Ft
11/16/2013 11/16/13 For Sale $191,000 -- $176 / 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 $1,873 $17,967 -- --
2024 $1,719 $17,112 -- --
2023 $1,719 $27,400 $5,480 $21,920
2022 $1,641 $22,260 $4,450 $17,810
2021 $1,674 $19,950 $3,990 $15,960
2020 $1,618 $18,710 $3,740 $14,970
2019 $1,587 $17,610 $3,520 $14,090
2018 $1,544 $16,300 $3,260 $13,040
2017 $1,496 $15,020 $3,000 $12,020
2016 $1,489 $15,660 $3,130 $12,530
2015 $1,440 $15,820 $3,160 $12,660
Source: Public Records

Agents Affiliated with this Home

  • Nick Bastian

    Seller's Agent in 2014

    Nick Bastian

    Realty Executives

    (602) 803-6425

    122 Total Sales

    Nick Bastian
    Section Image
  • Lori Bastian

    Seller Co-Listing Agent in 2014

    Lori Bastian

    Realty Executives

    (602) 882-3800

    1 Total Sale

    Lori Bastian
    Section Image

  • R

    Buyer's Agent in 2014

    Rod Roberts

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5031566

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-41-230

Arizona Maricopa County Tempe 85281 Apache

2402 E 5th St Unit 1401, Tempe, AZ

Not Listed for Sale

Townhouses

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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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