NOT LISTED FOR SALE

2402 E 5th St Unit 1480 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $392,527 - $420,000

2 Beds
2.5 Baths
1,161 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $295,000 $254 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,588/month

2 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Covered patio or porch
  • Property is near public transit
  • Heated Community Pool
  • 1 Car Direct Access Garage

About This Home

As of September 2020

Fabulous unit located in Villagio at Tempe complex! Inside you will find open common areas with tons of natural light, 2 roomy bedrooms with it's own walk-in closet, 2.5 baths, and vaulted ceilings. Gourmet kitchen features custom cabinets and high-end appliances. The main bedroom comes with a lovely bath that has double sink vanity. Spread out and relax in the adorable backyard with covered patio. Don't forget about the fantastic garage! Complex amenities are pool, spa, and grassy areas. Don't miss out on this gorgeous unit, you won't be disappointed! Schedule a showing today!

Last Agent to Sell the Property

Richard Harless

AZ Flat Fee License #SA672256000 Listed on: 08/25/2020

Co-Listed By

Marjan Polek

AZ Flat Fee License #BR657009000

Last Buyer's Agent

Sharry Mack Davis

Payson Homes & Land License #SA652366000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 2007

Lot Details

  • 1,196 Sq Ft Lot
  • Desert faces the front of the property
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,161 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Built-In Microwave
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 135-41-159

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, trash, roof replacement, maintenance exterior
  • Aam, Llc Association, Phone Number (602) 957-9191
  • Built by DR Horton
  • Villagio At Tempe Condominium Amd Subdivision

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Security Guard
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,970

Year Built

Built in 2007

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Cross Street: Rio Salado Pkwy & Price Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 170.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2019
  • Directions: Head east on Rio Salado Pkwy to Villagio complex (gated entrance), Through gate turn right and follow the road until your 4th right. Unit 1480 will be in the last building in the left side of street.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: li3k001
  • Co List Office Phone: 480-771-1511
  • Subdivision Name: VILLAGIO AT TEMPE CONDOMINIUM AMD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 170.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1161.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • 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, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association Name: AAM, LLC
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AAM, LLC
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 850.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: 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

Fee Information

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

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1196.0
  • Parcel #: 135-41-159
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Annual Amount: 1970.0
  • Tax Book Number: 135.00
  • Tax Lot: 88
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 9, 2020
Sold by
Nordstrom James S
Bought by
Mack Lee Brandon Christopher and Jackson Paul Arthur
Seller's Agent
Richard Harless
AZ Flat Fee
Buyer's Agent
Sharry Mack Davis
Payson Homes & Land
List Price
$292,000
Sold Price
$295,000
Premium/Discount to List
$3,000
1.03%
Total Days on Market
2
Current Estimated Value
$406,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,882
Avg. Annual Appreciation
7.05%
Original Mortgage
$289,656
Outstanding Balance
$259,952
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$146,930

Purchase Details

Closed on
Jan 21, 2011
Sold by
Nordstrom Rose Christine
Bought by
Nordstrom James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Hsbc Bank Usa Na
Bought by
Nordstrom James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Nielson Paul
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jan 20, 2009
Sold by
Nielson Paul
Bought by
Hsbc Bank Usa Na and Mortgage Electronic Registration Systems

Purchase Details

Closed on
Oct 31, 2006
Sold by
D R Horton Inc
Bought by
Nielson Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,074
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mack Lee Brandon Christopher $295,000 Charity Title Agency
Nordstrom James S -- Great American Title Agency
Nordstrom James S $114,900 Great American Title Agency
Hsbc Bank Usa Na $205,000 None Available
Hsbc Bank Usa Na $200,880 None Available
Nielson Paul $246,343 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Lee Brandon Christopher $289,656
Previous Owner Nordstrom James S $91,920
Previous Owner Nordstrom James S $91,920
Previous Owner Nielson Paul $197,074
Previous Owner Nielson Paul $49,268
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $295,000 +1.0% $254 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $292,000 -- $252 / 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 $1,745 $19,378 -- --
2024 $1,854 $18,455 -- --
2023 $1,854 $29,260 $5,850 $23,410
2022 $1,770 $23,910 $4,780 $19,130
2021 $1,805 $21,480 $4,290 $17,190
2020 $2,008 $20,170 $4,030 $16,140
2019 $1,970 $19,200 $3,840 $15,360
2018 $1,921 $17,820 $3,560 $14,260
2017 $1,864 $16,460 $3,290 $13,170
2016 $1,851 $17,120 $3,420 $13,700
2015 $1,778 $17,230 $3,440 $13,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6122619

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-41-159