NOT LISTED FOR SALE

2525 S College Ave Unit 5 Tempe, AZ 85282

Alameda Neighborhood

Estimated Value: $221,021 - $263,000

1 Bed
1 Bath
702 Sq Ft
$220/mo HOA Fee

Last Sold September 03, 2021

Last sale price $220,000 $313 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,569/month

6 Days on Market

Highlights

  • Transportation Service
  • Private Yard
  • Eat-In Kitchen
  • Granite Countertops
  • Community Pool
  • Double Pane Windows

About This Home

As of September 2021

Less than 1 mile to ASU. Awesome College Avenue Condo Community. Sales are extremely rare in this complex. Updated unit #5 with one bedroom/ 1 bath and one of the FEW units with large patio. Newer dual pane windows, water heater, dishwasher, tile, doors, fan, toilet. Roof was replaced approx 2017. Cherry cabinets, stainless steel appliances. HOA includes water/sewer/trash/pool maintenance. Close to shopping, freeways and free ORBIT line transportation. Check this one out Quick!

Last Agent to Sell the Property

Sharma Mathias

West USA Realty License #SA106157000 Listed on: 07/08/2021

West USA Realty

Last Buyer's Agent

Rachel Duran

HomeSmart License #SA669304000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $712

Year Built

  • Built in 1964

Lot Details

  • Two or More Common Walls
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 702 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Updated in 2021
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Broadmor Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 133-26-108

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • College Ave Condos Association
  • College Avenue Condominiums Subdivision

Amenities

  • Transportation Service
  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$712

Year Built

Built in 1964

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Cross Street: Broadway / Rural
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 220.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Items Updated Plmbg Yr Updated: 2020
  • Items Updated Roof Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2020
  • Directions: From Broadway, head South on College Ave to Condos on your left. Unit 5 patio entrance faces Loma Vista Dr - Lockbox on patio door
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: COLLEGE AVENUE CONDOMINIUMS
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 220.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar
  • Living Area: 702.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Sprinklers In Front, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Wood Frame, Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Transportation Svcs, Near Bus Stop, Biking/Walking Path
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: College Ave Condos
  • Phone: 624305059
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: College Ave Condos
  • Association Fees:HOA Telephone4: 624305059
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 710.0
  • Parcel #: 133-26-108

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 712.0
  • Tax Book Number: 133.00
  • Tax Lot: 5
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 26, 2021
Sold by
Lozier Fredrick and Lozier Karen
Bought by
Lissner Bernadette
Seller's Agent
Sharma Mathias
West USA Realty
Buyer's Agent
Rachel Duran
HomeSmart
List Price
$195,000
Sold Price
$220,000
Premium/Discount to List
$25,000
12.82%
Current Estimated Value
$240,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,505
Avg. Annual Appreciation
2.95%
Original Mortgage
$176,000
Outstanding Balance
$161,316
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$86,326

Purchase Details

Closed on
Dec 7, 2016
Sold by
Lozier Fredrick and Lozier Karen
Bought by
Lozier Fredrick and Lozier Karen

Purchase Details

Closed on
Jul 16, 2010
Sold by
Gmac Mortgage Llc
Bought by
Lozier Fredrick and Lozier Karen

Purchase Details

Closed on
Jun 1, 2010
Sold by
Alkire Michael D
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jul 27, 2007
Sold by
Alkire Michael D
Bought by
Mda Investments Llc

Purchase Details

Closed on
Feb 12, 2007
Sold by
Petunia Two Llc
Bought by
Alkire Michael and Alkire Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lissner Bernadette $220,000 Pioneer Title Agency Inc
Lozier Fredrick -- None Available
Lozier Fredrick $58,000 Fidelity National Title
Gmac Mortgage Llc $78,625 Security Title Agency
Mda Investments Llc $125,000 None Available
Alkire Michael $135,000 Camelback Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lissner Bernadette $176,000
Previous Owner Alkire Michael $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $220,000 +12.8% $313 / Sq Ft
07/08/2021 07/08/21 For Sale $195,000 -- $278 / 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 $885 $7,902 -- --
2024 $874 $7,526 -- --
2023 $874 $17,660 $3,530 $14,130
2022 $839 $14,320 $2,860 $11,460
2021 $736 $12,860 $2,570 $10,290
2020 $712 $11,580 $2,310 $9,270
2019 $698 $10,380 $2,070 $8,310
2018 $679 $9,620 $1,920 $7,700
2017 $658 $6,470 $1,290 $5,180
2016 $655 $5,680 $1,130 $4,550
2015 $633 $5,630 $1,120 $4,510
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sharma Mathias

    West USA Realty

    (602) 430-5059

    1 in this area

    22 Total Sales

    Sharma Mathias
    Section Image
  • Rachel Duran

    Buyer's Agent in 2021

    Rachel Duran

    HomeSmart

    (480) 577-4420

    1 in this area

    57 Total Sales

    Rachel Duran
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6261437

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-26-108

Arizona Maricopa County Tempe 85282 Alameda

2525 S College Ave Unit 5, Tempe, AZ

This home is located at 2525 S College Ave Unit 5, Tempe, AZ 85282 since 08 July 2021 and is currently estimated at $240,505, approximately $342 per square foot. This property was built in 1964. 2525 S College Ave Unit 5 is a home located in Maricopa County with nearby schools including Broadmor Elementary School, Connolly Middle School, and Tempe High School.

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.

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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