NOT LISTED FOR SALE

420 W 1st St Unit 317 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $449,620 - $496,000

2 Beds
2 Baths
1,055 Sq Ft
2002 Built

Highlights

  • Unit is on the top floor
  • Mountain View
  • Corner Lot
  • Gated Community
  • Property is near public transit
  • Community Pool

About This Home

As of August 2023

Beautifully recently updated condo in prime Tempe location. Easy access to Mill Ave shops & restaurants, close to Tempe Town Lake, Tempe Beach Park, light rail, State Farm, Tempe Marketplace, ASU. Condo has recently new plank flooring, shutters throughout, newer s/s kitchen appliances. BBQ's, a large pool and spa top off the excellent amenities in this gated community.

Last Agent to Rent the Property

Dean Peterson

Arete Realty & Property Mgmt License #BR559447000 Listed on: 07/18/2023

Co-Listed By

Philip Griffith

Arete Realty & Property Mgmt License #BR003387000

Last Renter's Agent

Philip GRI

RE/MAX on Tatum Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 2002

Lot Details

  • 1 Common Wall
  • Wrought Iron Fence

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,055 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Mountain Views
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Location

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

Schools

  • Cecil Shamley Elementary And Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Property Available on 7/22/23
  • $300 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 318
  • Assessor Parcel Number 124-24-133

Community Details

Overview

  • Property has a Home Owners Association
  • Regatta Pointe Association, Phone Number (602) 957-9191
  • Regatta Pointe Condominums Amd Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,390

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-07-22

Listing Details

  • Cross Street: Hardy & 1st St
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Rental Info H O A Name: Regatta Pointe
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 300.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: E on 1st St to Regatta Pointe complex on left (just before you get to Farmer). Park on 1st St.
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: aret01
  • Co List Office Phone: 480-327-7873
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm
  • Living Area: 1055.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • 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, Near Light Rail Stop
  • Association Name: Regatta Pointe
  • Phone: 602-957-9191
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 99.0
  • Parcel #: 124-24-133

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 318
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2011
Sold by
Fan Fare Investments Llc
Bought by
Trog Eugene L and Trog Mary Margaret
Current Estimated Value
$470,905

Purchase Details

Closed on
Dec 23, 2010
Sold by
Fannie Mae
Bought by
Fanfare Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Herath Dumindu P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2007
Sold by
Werner Richard E and Werner Suzanne C
Bought by
Herath Duminu P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,100
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Kroman Joel T
Bought by
Werner Richard E and Werner Suzanne C

Purchase Details

Closed on
Nov 12, 2002
Sold by
Regatta Pointe Llc
Bought by
Kroman Joel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,700
Interest Rate
5.25%
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
Trog Eugene L $128,300 Old Republic Title Agency
Fanfare Investments Llc $118,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $257,948 Great American Title Agency
Herath Duminu P $258,000 Security Title Agency Inc
Werner Richard E $175,500 Guaranty Title Agency
Kroman Joel T $152,402 Lawyers Title Of Arizona Inc
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fanfare Investments Llc $82,000
Previous Owner Herath Dumindu P $15,500
Previous Owner Herath Duminu P $245,100
Previous Owner Kroman Joel T $144,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Rented $1,900 0.0% --
07/31/2023 07/31/23 Under Contract -- -- --
07/19/2023 07/19/23 For Rent $1,900 +26.7% --
11/15/2019 11/15/19 Rented $1,500 0.0% --
10/08/2019 10/08/19 Under Contract -- -- --
10/03/2019 10/03/19 For Rent $1,500 -- --
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 $2,390 $25,501 -- --
2024 $2,822 $24,287 -- --
2023 $2,822 $28,960 $5,790 $23,170
2022 $2,707 $25,120 $5,020 $20,100
2021 $2,726 $22,730 $4,540 $18,190
2020 $2,643 $21,970 $4,390 $17,580
2019 $2,593 $20,310 $4,060 $16,250
2018 $2,529 $20,770 $4,150 $16,620
2017 $2,124 $19,310 $3,860 $15,450
2016 $2,113 $18,430 $3,680 $14,750
2015 $2,044 $17,000 $3,400 $13,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2023

    Dean Peterson

    Arete Realty & Property Mgmt

    (480) 327-7873

    9 Total Sales

    Dean Peterson
    Section Image

  • P

    Landlord's Co-Listing Agent in 2023

    Philip Griffith

    Arete Realty & Property Mgmt

    (602) 721-1780

    7 Total Sales

    Philip Griffith
    Section Image

  • P

    Tenant's Agent in 2023

    Philip GRI

    RE/MAX on Tatum Realty

  • Jennifer Dean

    Seller's Agent in 2019

    Jennifer Dean

    Realty Executives Arizona Territory

    (480) 229-3196

    53 Total Sales

    Jennifer Dean
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6581948

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-133

Arizona Maricopa County Tempe 85281 Downtown Tempe

420 W 1st St Unit 317, Tempe, AZ

This home is located at 420 W 1st St Unit 317, Tempe, AZ 85281 since 18 July 2023 and is currently priced at $470,905. This property was built in 2002. 420 W 1st St Unit 317 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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