$230,000
SOLD JAN 23, 2014

420 W 1st St Unit 224 Tempe, AZ 85281

Downtown Tempe Neighborhood
2 Beds
2 Baths
1,082 Sq Ft
2002 Built

Recently Sold

$213 Per Sq Ft

13% Below List Price

192 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Two Primary Bathrooms
  • Heated Spa
  • Gated Community
  • Clubhouse

About This Home

As of November 2021

HUGE REDUCTION...The Best Price Condo in this Community. Fantastic Location! Across from Tempe Town Lakes. Highly sought after condo in gated community in the heart of Tempe. 2BD 2BA split floor plan is perfect for the executive or students. Upgrades galore. Open kitchen. Granite counter tops. Custom wood plantation shutters on all the windows. Upgraded wood floors and tile throughout. Resort style living w/clubhouse, fitness center, heated pool, spa & outdoor BBQ area. Near Mill, ASU, restaurants, theaters, shopping, Tempe arts center & light rail. Home has attached one car garage.

Last Agent to Sell the Property

Christopher Karas

Compass License #SA555869000 Listed on: 06/19/2013

Compass

Last Buyer's Agent

Thomas Schoenbeck

Russ Lyon Sotheby's International Realty License #SA112833000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 2002

Lot Details

  • Block Wall Fence

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,082 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Pool

  • Heated Spa
  • Heated Pool

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 239
  • Assessor Parcel Number 124-24-102

Community Details

Overview

  • Property has a Home Owners Association
  • Az Community Mangmt Association, Phone Number (480) 355-1190
  • High-Rise Condominium
  • Built by Picerne
  • Regatta Pointe Condominiums Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,675

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Priest and Rio Salado
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 260.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2012
  • Directions: East on Rio Salado to Lakeside Dr, turn right and follow around to 2nd complex
  • Property Sub Type: Apartment Style/Flat
  • Subdivision Name: Regatta Pointe Condominiums
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 260.0
  • Cooling:Ceiling Fan(s): Yes
  • Building Style:High Rise: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), 9+ Flat Ceilings, Fire Sprinklers, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1082.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: AZ community Mangmt
  • Phone: 480-355-1190
  • 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: AZ community Mangmt
  • Association Fees:HOA Telephone4: 480-355-1190
  • 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: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:Garbage Collection2: Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 120.0
  • Parcel #: 124-24-102
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Picerne

Tax Info

  • Tax Annual Amount: 1675.0
  • Tax Book Number: 124.00
  • Tax Lot: 239
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 11, 2021
Sold by
Paxson Mark S and Paxson Cynthia L
Bought by
Slater Christopher Charles
Seller's Agent
Kelly Lyon
eXp Realty
Buyer's Agent
Gregory Slater
Coldwell Banker Northland
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$451,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,252
Avg. Annual Appreciation
7.38%
Original Mortgage
$332,500
Outstanding Balance
$306,152
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$150,595

Purchase Details

Listed on
Mar 1, 2015
Closed on
Apr 23, 2015
Sold by
Massie Perry T and Massie Sandra L
Bought by
Paxson Mark S and Paxson Cynthia L
Seller's Agent
Thomas Schoenbeck
Russ Lyon Sotheby's International Realty
Buyer's Agent
Fred Weaver Iv
eXp Realty
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jan 21, 2014
Sold by
Sawhill Michael P and Sawhill Sharon
Bought by
Massie Perry T and Massie Sandra L
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Thomas Schoenbeck
Russ Lyon Sotheby's International Realty
List Price
$264,900
Sold Price
$230,000
Premium/Discount to List
-$34,900
-13.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Oct 21, 2003
Sold by
Regatte Pointe Llc
Bought by
Sawhill Michael P and Sawhill Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,585
Interest Rate
5.62%
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 Type Sale Price Title Company
Warranty Deed $350,000 Security Title Agency Inc
Cash Sale Deed $235,000 Fidelity Natl Title Agency
Cash Sale Deed $230,000 First American Title Ins Co
Special Warranty Deed $212,780 Lawyers Title Of Arizona Inc
Warranty Deed -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,500 New Conventional
Previous Owner $159,585 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $350,000 0.0% $323 / Sq Ft
11/01/2021 11/01/21 For Sale $350,000 0.0% $323 / Sq Ft
09/22/2021 09/22/21 For Sale $350,000 +48.9% $323 / Sq Ft
05/01/2015 05/01/15 Sold $235,000 -4.0% $217 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/26/2015 03/26/15 Price Changed $244,900 -2.0% $226 / Sq Ft
03/01/2015 03/01/15 For Sale $249,900 +8.7% $231 / Sq Ft
01/23/2014 01/23/14 Sold $230,000 -4.1% $213 / Sq Ft
09/30/2013 09/30/13 Price Changed $239,900 -9.4% $222 / Sq Ft
06/19/2013 06/19/13 For Sale $264,900 -- $245 / 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 $1,969 $25,279 -- --
2024 $2,418 $24,075 -- --
2023 $2,418 $28,700 $5,740 $22,960
2022 $2,309 $24,620 $4,920 $19,700
2021 $2,355 $22,700 $4,540 $18,160
2020 $2,277 $22,030 $4,400 $17,630
2019 $2,233 $19,730 $3,940 $15,790
2018 $2,173 $20,070 $4,010 $16,060
2017 $2,105 $18,660 $3,730 $14,930
2016 $2,095 $17,430 $3,480 $13,950
2015 $2,026 $16,210 $3,240 $12,970
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelly Lyon

    eXp Realty

  • G

    Seller Co-Listing Agent in 2021

    Garrett Lyon

    eXp Realty

  • Gregory Slater

    Buyer's Agent in 2021

    Gregory Slater

    Coldwell Banker Northland

    (480) 250-7355

    1 in this area

    29 Total Sales

    Section Image

  • T

    Seller's Agent in 2015

    Thomas Schoenbeck

    Russ Lyon Sotheby's International Realty

    Section Image
  • Fred Weaver Iv

    Buyer's Agent in 2015

    Fred Weaver Iv

    eXp Realty

    (888) 897-7821

    72 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    Frederick Weaver IV

    Keller Williams Realty Phoenix

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4954854

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-102

Arizona Maricopa County Tempe 85281 Downtown Tempe

420 W 1st St Unit 224, Tempe, AZ

This home is located at 420 W 1st St Unit 224, Tempe, AZ 85281 and is currently priced at $230,000, approximately $212 per square foot. This property was built in 2002. 420 W 1st St Unit 224 is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley 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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