NOT LISTED FOR SALE

2402 E 5th St Unit 1559 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $442,000 - $483,000

4 Beds
3 Baths
1,675 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $507,000 $303 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,690/month

Highlights

  • Gated Community
  • Granite Countertops
  • Balcony
  • Vaulted Ceiling
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of June 2024

Don't miss this exceptional chance to own a 4-bedroom, 3-bathroom home with a 2-car garage in the sought-after Villagio community! This unit boasts a beautiful view of the lush green space and the sparkling main pool from its balcony. The entry level features a private bedroom complete with an en-suite bathroom and a walk-in closet. Moving upstairs, you'll find a sun-filled family room with soaring two-story ceilings, a kitchen, a dining area, and a second bedroom, also with an en-suite bath and walk-in closet. The third level offers a spacious loft, ideal for a second family room or a home office, plus two more bedrooms and another bathroom. The community is currently being freshly painted. Located with convenient access to highways 101 and 202, ASU, Cubs Sloane Park, and shopping!

Last Agent to Rent the Property

Mario Montoya

480 Realty & Property Management License #BR639743000 Listed on: 05/08/2024

Co-Listed By

Ariana Jaynes

480 Realty & Property Management License #BR683511000

Last Renter's Agent

Mario Montoya

480 Realty & Property Management License #BR639743000 Listed on: 05/08/2024

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 924 Sq Ft Lot
  • Two or More Common Walls
  • Desert faces the front and back of the property

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,675 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on upper level
  • 220 Volts In Laundry
  • Washer Hookup

Home Security

Outdoor Features

  • Balcony

Schools

  • Cecil Shamley Elementary And Middle School
  • Mcclintock High School

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/1/24
  • $102 Move-In Fee
  • 12-Month Minimum Lease Term
  • $75 Application Fee
  • Tax Lot 234
  • Assessor Parcel Number 135-41-305

Community Details

Overview

  • Property has a Home Owners Association
  • Villagio At Tempe Association, Phone Number (602) 957-9191
  • Built by D R HORTON HOMES
  • Villagio At Tempe Condominium Amd Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2024-06-01

Listing Details

  • Cross Street: Rio Salado Parkway & Loop 101
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Rental Info H O A Fee Paid Freq: Monthly
  • Rental Info H O A Name: Villagio at Tempe
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Addtl Move In Fees: 199.0
  • Initial Move In Costs Admin Fee: 102.0
  • Initial Move In Costs Application Fee: 75.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: 48re001
  • Co List Office Phone: 480-282-1234
  • Subdivision Name: VILLAGIO AT TEMPE CONDOMINIUM AMD
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Soft Water Loop, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1675.0
  • Stories: 3
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Desert Front
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener, Addtn'l Purchasable
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Addtn_squote_l Purchasable: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Washer Hookup, 220 V Dryer Hookup, Inside, Upper Level
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Pool
  • Association Fee Frequency: Monthly
  • Association Name: Villagio at Tempe
  • Phone: 602-957-9191
  • Association: Yes
  • Pets Allowed: Call

Schools

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

Lot Info

  • Lot Size Sq Ft: 924.0
  • Parcel #: 135-41-305

Building Info

  • Builder Name: D R HORTON HOMES

Tax Info

  • Tax Book Number: 135.00
  • Tax Lot: 234
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 31, 2022
Sold by
Makis Ronald and Makis Marleen R
Bought by
Smy Gary B and Smy Hilary H
Seller's Agent
Ronald Makis
DPR Realty LLC
Buyer's Agent
Stephanie Wyatt
Coldwell Banker Realty
List Price
$495,000
Sold Price
$507,000
Premium/Discount to List
$12,000
2.42%
Current Estimated Value
$466,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,612
Avg. Annual Appreciation
-2.18%
Original Mortgage
$420,750
Outstanding Balance
$392,072
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$74,316

Purchase Details

Listed on
Nov 19, 2011
Closed on
Jan 26, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Makis Ronald and Makis Marleen R
Seller's Agent
Neil Rutt
Just Referrals Real Estate
Buyer's Agent
Ronald Makis
DPR Realty LLC
List Price
$184,000
Sold Price
$184,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$147,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2011
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 29, 2011
Sold by
Reed Gerold B
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Johnson James N
Bought by
Reed Gerold B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,410
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2006
Sold by
D R Horton Inc
Bought by
Johnson James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,316
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records
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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
Smy Gary B $507,000 Great American Title
Makis Ronald -- Grand Canyon Title Agency
The Secretary Of Housing & Urban Develop -- None Available
Gmac Mortgage Llc $366,159 None Available
Reed Gerold B $374,900 Old Republic Title Agency
Johnson James N $256,645 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smy Gary B $420,750
Previous Owner Makis Ronald $147,200
Previous Owner Reed Gerold B $337,410
Previous Owner Johnson James N $205,316
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2024 06/01/24 Rented $3,400 0.0% --
05/08/2024 05/08/24 Under Contract -- -- --
05/08/2024 05/08/24 For Rent $3,400 0.0% --
04/19/2022 04/19/22 Sold $507,000 +2.4% $303 / Sq Ft View Prior Sale
02/28/2022 02/28/22 For Sale $495,000 +169.0% $296 / Sq Ft
01/27/2012 01/27/12 Sold $184,000 0.0% $108 / Sq Ft View Prior Sale
12/29/2011 12/29/11 Pending -- -- --
12/28/2011 12/28/11 For Sale $184,000 0.0% $108 / Sq Ft
11/29/2011 11/29/11 Pending -- -- --
11/19/2011 11/19/11 For Sale $184,000 -- $108 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,191 $26,622 -- --
2024 $2,547 $25,354 -- --
2023 $2,547 $35,070 $7,010 $28,060
2022 $2,432 $28,960 $5,790 $23,170
2021 $2,480 $26,210 $5,240 $20,970
2020 $2,398 $24,980 $4,990 $19,990
2019 $2,351 $24,160 $4,830 $19,330
2018 $2,288 $23,120 $4,620 $18,500
2017 $2,217 $21,620 $4,320 $17,300
2016 $2,206 $22,630 $4,520 $18,110
2015 $2,134 $23,850 $4,770 $19,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6702739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-41-305