NOT LISTED FOR SALE

Regatta Pointe Condominiums 425 W Rio Salado Pkwy Unit 112 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $422,728 - $498,000

2 Beds
2 Baths
904 Sq Ft
$514/Sq Ft Est. Value

Highlights

  • Gated Community
  • Clubhouse
  • Balcony
  • Community Lake
  • Community Pool
  • Double Vanity

About This Home

As of August 2021

Wonderful condo overlooking Tempe Town Lake in a gated community! Exceptional views! Near ASU, Sky Harbor Airport, Mill Avenue shopping & restaurants. New carpet! Beautiful cabinets, stainless steel appliances, refrigerator, dishwasher & microwave, huge laundry room, upgraded tile flooring, neutral colors, great-room & dining area, shutters in master bedroom & double sinks in master bath, second bedroom has a balcony, front porch area overlooks the lake, private stairs to single car garage that is located under the condo, access to community pool & spa. Water is paid. Alarm system requires tenant subscription. No smoking or vaping of any kind please. Tenant must provide proof of Renter's Insurance prior to moving in. 1 small pet may be considered.

Last Agent to Rent the Property

Dennis Strobehn

Marsh Management & Real Estate License #BR633824000 Listed on: 08/09/2021

Last Renter's Agent

Brittni Wilhoit

Cooper Cardinal and Company License #SA640887000

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2002

Lot Details

  • 818 Sq Ft Lot

Parking

  • 1 Car Garage
  • Parking Permit Required

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 904 Sq Ft Home
  • 2-Story Property
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Balcony
  • Patio

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy Campus High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 8/9/21
  • $200 Move-In Fee
  • Rent includes water
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 158
  • Assessor Parcel Number 124-24-067

Community Details

Overview

  • Property has a Home Owners Association
  • Rigatta Pointe Association, Phone Number (480) 355-1190
  • Regatta Pointe Condominums Amd Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water
  • Available Date: 2021-08-09

Listing Details

  • Cross Street: MILL & RIO SALADO
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • 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
  • Rental Info H O A Name: Rigatta Pointe
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 200.0
  • Initial Move In Costs Application Fee: 65.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Property Attached Yn: Yes
  • Structure Type: String
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Pantry, Full Bth Master Bdrm
  • Living Area: 904.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • View: City Light View(s)
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa Htd, Community Pool, Biking/Walking Path, Clubhouse
  • Association Name: Rigatta Pointe
  • Phone: 480-355-1190
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy Campus
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 818.0
  • Parcel #: 124-24-067

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 158
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2013
Sold by
Lindberg Yvonne and Lindberg Yvonne A B
Bought by
Declaratio Lindberg Yvonne A B and Declaratio Yvonne A B Lindberg
Current Estimated Value
$464,932

Purchase Details

Closed on
Feb 10, 2011
Sold by
Fannie Mae
Bought by
Lindberg Yvonne

Purchase Details

Closed on
Jul 12, 2010
Sold by
Scheidt Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 1, 2007
Sold by
Scheidt Michael
Bought by
Az Urban Living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2007
Sold by
Scheidt Michael E
Bought by
Az Urban Living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2007
Sold by
Nixon Michael G and Nixon Jim E
Bought by
Scheidt Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Regatta Pointe Llc
Bought by
Nixon Michael G and Nixon Jim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,388
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Declaratio Lindberg Yvonne A B -- None Available
Lindberg Yvonne $160,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $159,700 First American Title
Az Urban Living Llc -- Federal Title Agency Llc
Scheidt Michael -- Federal Title Agency Llc
Az Urban Living Llc -- Federal Title Agency Llc
Scheidt Michael E $415,000 Federal Title Agency Llc
Nixon Michael G $256,735 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 Scheidt Michael $344,000
Previous Owner Scheidt Michael E $415,000
Previous Owner Nixon Michael G $205,388
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Rented $1,700 0.0% --
08/09/2021 08/09/21 For Rent $1,700 +19.3% --
07/20/2018 07/20/18 Rented $1,425 0.0% --
07/10/2018 07/10/18 For Rent $1,425 +10.0% --
02/01/2016 02/01/16 Rented $1,295 0.0% --
12/18/2015 12/18/15 For Rent $1,295 +5.7% --
04/15/2014 04/15/14 Rented $1,225 -5.4% --
03/24/2014 03/24/14 Under Contract -- -- --
01/03/2014 01/03/14 For Rent $1,295 +5.7% --
06/15/2012 06/15/12 Rented $1,225 0.0% --
06/06/2012 06/06/12 Under Contract -- -- --
04/02/2012 04/02/12 For Rent $1,225 -- --
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 $2,688 $22,423 -- --
2024 $2,481 $21,355 -- --
2023 $2,481 $32,510 $6,500 $26,010
2022 $2,380 $27,300 $5,460 $21,840
2021 $2,397 $25,770 $5,150 $20,620
2020 $2,324 $24,630 $4,920 $19,710
2019 $2,280 $22,330 $4,460 $17,870
2018 $2,223 $22,910 $4,580 $18,330
2017 $2,157 $21,860 $4,370 $17,490
2016 $2,142 $18,200 $3,640 $14,560
2015 $2,057 $16,770 $3,350 $13,420
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2021

    Dennis Strobehn

    Marsh Management & Real Estate

    (480) 345-1590

    13 Total Sales

    Dennis Strobehn
    Section Image

  • B

    Tenant's Agent in 2021

    Brittni Wilhoit

    Cooper Cardinal and Company

    (480) 652-1752

    2 Total Sales

    Brittni Wilhoit
    Section Image

  • B

    Buyer's Agent in 2016

    Boyd Adair

    Gentry Real Estate

    Section Image
  • Polly Mitchell

    Buyer's Agent in 2014

    Polly Mitchell

    Polly Mitchell Global Realty

    (480) 229-8483

    1 in this area

    44 Total Sales

    Polly Mitchell
    Section Image
  • Holly Hoepfner

    Buyer's Agent in 2012

    Holly Hoepfner

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 330-6262

    1 in this area

    73 Total Sales

    Holly Hoepfner
    Section Image
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About Regatta Pointe Condominiums

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6276827

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-067

Arizona Maricopa County Tempe 85281 Downtown Tempe

425 W Rio Salado Pkwy Unit 112, 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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