NOT LISTED FOR SALE

420 W 1st St Unit 325 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $416,533 - $462,000

2 Beds
2 Baths
1,082 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $284,000 $262 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,754/month

10 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Property is near public transit
  • Heated Spa
  • Mountain View
  • Granite Countertops

About This Home

As of December 2019

Great condo right next to Downtown Tempe and Tempe Town Lake, resort style living in the heart of Tempe, Condo is beautifully upgraded with granite counters in the kitchen and bar and upgraded appliances. Come check this condo out you will not be disappointed!

Last Agent to Sell the Property

Jonathan Miller

AZ Brokerage Holdings, LLC License #SA578898000 Listed on: 10/03/2019

Last Buyer's Agent

Sheri Lopez

My Home Group Real Estate License #SA635980000

My Home Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,570

Year Built

  • Built in 2002

Lot Details

  • 1,199 Sq Ft Lot
  • Wrought Iron Fence

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,082 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Scales Technology Academy Elementary School
  • Gilbert Junior High School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 340
  • Assessor Parcel Number 124-24-155

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, street maintenance, trash, water, roof replacement, maintenance exterior
  • Regatta Point Association, Phone Number (480) 355-1190
  • Regatta Pointe Condominums Amd Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,570

Year Built

Built in 2002

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Cross Street: Mill and University
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 255.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 262.48
  • Association Fees:HOA Fee2: 255.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Pantry, Full Bth Master Bdrm
  • Living Area: 1082.0
  • Stories: 3
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Fitness Center
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Point
  • 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: Regatta Point
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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

Fee Information

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

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1199.0
  • Parcel #: 124-24-155

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2570.0
  • Tax Book Number: 124.00
  • Tax Lot: 340
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 24, 2019
Sold by
Plant Audrie Kathrine
Bought by
Regatta Pointe Condominum Association
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Sheri Lopez
My Home Group Real Estate
List Price
$299,000
Sold Price
$284,000
Premium/Discount to List
-$15,000
-5.02%
Current Estimated Value
$443,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,133
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 4, 2019
Sold by
Plant Audrie Katherine
Bought by
Bishop Davoren
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Sheri Lopez
My Home Group Real Estate
List Price
$299,000
Sold Price
$284,000
Premium/Discount to List
-$15,000
-5.02%

Purchase Details

Listed on
Oct 3, 2019
Closed on
Oct 17, 2019
Sold by
Plant Audrie Katherine
Bought by
Regatta Pointe Condominium Association
Seller's Agent
Jonathan Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Sheri Lopez
My Home Group Real Estate
List Price
$299,000
Sold Price
$284,000
Premium/Discount to List
-$15,000
-5.02%

Purchase Details

Closed on
Jan 30, 2009
Sold by
First Horizon Home Loans
Bought by
Plant Audrie Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2008
Sold by
Eberhardt James R
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Mar 9, 2007
Sold by
Eberhardt James R
Bought by
Grand Canyon Estates Llc

Purchase Details

Closed on
Jul 17, 2003
Sold by
Regatta Pointe Llc
Bought by
Eberhardt James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,170
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Picerne Rio Salado Llc
Bought by
Regatta Pointe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,170
Interest Rate
5.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Regatta Pointe Condominum Association $132,879 None Available
Bishop Davoren $284,000 Greystone Title Agency Llc
Regatta Pointe Condominium Association $123,000 None Available
Plant Audrie Katherine $180,000 The Talon Group Surprise
First Horizon Home Loans $212,500 None Available
Grand Canyon Estates Llc -- None Available
Eberhardt James R $190,899 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 Plant Audrie Katherine $144,000
Previous Owner Eberhardt James R $185,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $284,000 -5.0% $262 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $299,000 0.0% $276 / Sq Ft
08/25/2018 08/25/18 Rented $1,350 0.0% --
08/21/2018 08/21/18 Under Contract -- -- --
07/22/2018 07/22/18 For Rent $1,350 +12.5% --
07/25/2012 07/25/12 Rented $1,200 0.0% --
07/13/2012 07/13/12 Under Contract -- -- --
07/04/2012 07/04/12 For Rent $1,200 -- --
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 $2,037 $25,279 -- --
2024 $2,418 $24,075 -- --
2023 $2,418 $28,170 $5,630 $22,540
2022 $2,309 $24,370 $4,870 $19,500
2021 $2,355 $22,210 $4,440 $17,770
2020 $2,277 $21,560 $4,310 $17,250
2019 $2,570 $19,730 $3,940 $15,790
2018 $2,506 $20,070 $4,010 $16,060
2017 $2,432 $18,660 $3,730 $14,930
2016 $2,415 $17,430 $3,480 $13,950
2015 $2,319 $16,210 $3,240 $12,970
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jonathan Miller

    Realty Executives

  • S

    Buyer's Agent in 2019

    Sheri Lopez

    My Home Group Real Estate

    1 in this area

    35 Total Sales

    Sheri Lopez
    Section Image
  • Carolyn Bray

    Buyer's Agent in 2012

    Carolyn Bray

    SERHANT.

    (602) 989-6054

    2 in this area

    68 Total Sales

    Carolyn Bray
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5987595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-155

Arizona Maricopa County Tempe 85281 Downtown Tempe

420 W 1st St Unit 325, Tempe, AZ

Not Listed for Sale

Townhouses

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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