$235,000
SOLD MAR 28, 2025
2 Beds
2 Baths
997 Sq Ft
$317/mo HOA Fee

Recently Sold

$236 Per Sq Ft

15% Below List Price

159 Days on Market

Highlights

  • Fitness Center
  • Theater or Screening Room
  • Corner Lot
  • Kyrene de los Lagos School Rated A
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of March 2025

Fantastic 2/2 on 2nd floor, low maintenance, see all photos to view fabulous condition. Portofino offers a prime location encouraging outdoor enthusiasm by bringing the wonder of nature just moments from your doorstep. Explore South Mountain Park, a 16,000 acre preserve, by hiking or mountain biking through its rugged majesty and Portofino's lakefront location. This full service property includes state-of-the-art amenities: three swimming pools and two fitness centers. SEE PRIVATE REMARKS.

Last Agent to Sell the Property

Deborah Hoskinson

Condominium Rental Srvc License #BR503994000 Listed on: 10/17/2024

Last Buyer's Agent

Ryan Watson

Equities Real Estate License #BR680634000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1995

Lot Details

  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

Home Design

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

Interior Spaces

  • 997 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Built-In Barbecue

Location

  • Property is near a bus stop

Schools

  • Kyrene De Los Lagos Elementary School
  • Kyrene Akimel A Middle School

Utilities

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

Listing and Financial Details

  • Tax Lot 2105
  • Assessor Parcel Number 306-04-421

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Aam, Llc Association, Phone Number (602) 437-4777
  • Lakewood Master Asso Association, Phone Number (602) 674-4343
  • Association Phone (602) 674-4343
  • Built by Monaco
  • Portofino Condominiums Subdivision

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,165

Year Built

Built in 1995

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Cross Street: 40TH ST & CHANDLER BLVD
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Lakewood Master Asso
  • HOA #2 Phone Number: 602-674-4343
  • HOA #2 Transfer Fee: 210.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 317.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2024
  • Directions: 40th St and Chandler Blvd Directions: S. on I-10 to Chandler Blvd Exit to 40th. W. on East Lakewood Parkway, East. Take left into property across from Lake, proceed to Building 18.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PORTOFINO CONDOMINIUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 282.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Living Area: 997.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: 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, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Community Media Room, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 210.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 282.0
  • Association Fee Frequency: Monthly
  • Association: Lakewood Master Asso
  • Association Name: Lakewood Master Asso
  • Association Phone #2: 602-674-4343
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lakewood Master Asso
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 360.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 564.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 50.0
  • Association Fees:Other Fees Description: Condo Certifications & Expediate Fees
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 210.0
  • Association Fees:Disclosure Fees HOA 2: 400.0
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:HOA Management Company 2: AAM, LLC

Fee Information

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

Schools

  • Elementary School: Kyrene de los Lagos School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Akimel A-Al Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1056.0
  • Parcel #: 306-04-421

Building Info

  • Builder Name: Monaco

Tax Info

  • Tax Annual Amount: 1165.0
  • Tax Book Number: 306.00
  • Tax Lot: 2105
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Mar 26, 2025
Sold by
Landon Sheryl D and Sjoberg Sheryl D
Bought by
Watson Ryan
Seller's Agent
Deborah Hoskinson
Condominium Rental Srvc
Buyer's Agent
Ryan Watson
Equities Real Estate
List Price
$277,000
Sold Price
$235,000
Premium/Discount to List
-$42,000
-15.16%
Views
166
Current Estimated Value
$251,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,948
Avg. Annual Appreciation
15.00%
Original Mortgage
$195,000
Outstanding Balance
$195,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$56,311

Purchase Details

Closed on
Nov 6, 2007
Sold by
Portofino Condominiums Llc
Bought by
Landon Sheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $235,000 Navi Title Agency
Special Warranty Deed $259,900 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $171,700 New Conventional
Previous Owner $194,925 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $235,000 -13.0% $236 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/16/2025 03/16/25 Price Changed $270,000 -2.5% $271 / Sq Ft
03/16/2025 03/16/25 For Sale $277,000 0.0% $278 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $277,000 -3.7% $278 / Sq Ft
02/26/2025 02/26/25 Price Changed $287,500 -3.4% $288 / Sq Ft
01/15/2025 01/15/25 Price Changed $297,500 -2.3% $298 / Sq Ft
10/29/2024 10/29/24 Price Changed $304,500 -0.2% $305 / Sq Ft
10/17/2024 10/17/24 For Sale $305,000 -- $306 / 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 $1,165 $11,382 -- --
2024 $1,142 $10,840 -- --
2023 $1,142 $20,470 $4,090 $16,380
2022 $1,093 $15,920 $3,180 $12,740
2021 $1,121 $13,910 $2,780 $11,130
2020 $1,095 $12,630 $2,520 $10,110
2019 $1,063 $11,670 $2,330 $9,340
2018 $1,030 $11,600 $2,320 $9,280
2017 $987 $10,660 $2,130 $8,530
2016 $995 $10,170 $2,030 $8,140
2015 $893 $9,520 $1,900 $7,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6772347

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-04-421