$275,000
SOLD JUL 24, 2015

Regatta Pointe Condominiums 425 W Rio Salado Pkwy Unit 113 Tempe, AZ 85281

Downtown Tempe Neighborhood
2 Beds
2 Baths
1,022 Sq Ft
$255/mo HOA Fee

Recently Sold

$269 Per Sq Ft

8% Below List Price

41 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Wood Flooring
  • Gated Community
  • Property is near public transit
  • Heated Community Pool

About This Home

As of February 2025

This is a great unit overlooking Tempe Town Lake. Upon entering the front door, you are welcomed by fantastic views of the lake. Open floor plan, 2 BR & 2 bathrooms with office & laundry downstairs. The entire interior has been freshly painted white & gray and there is a brand new front door. Both bathrooms were updated with white subway tile surround in the showers & gray floor tiles. Close to ASU & all downtown Tempe has to offer. Gated community w/ biking & walking paths, heated community pool & spa, workout room & clubhouse. Perfect for an ASU student, downtown commuter or as a second home.

Last Agent to Sell the Property

Kris McLaughlin

RETSY License #SA570033000 Listed on: 05/27/2015

RETSY

Co-Listed By

Brian North

Compass License #SA635186000

Last Buyer's Agent

Kris McLaughlin

NORTH&CO. License #SA570033000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 2002

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,022 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Built-In Microwave
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 124-24-068

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Regatta Pointe Association, Phone Number (602) 216-7522
  • Built by Piceme
  • Regatta Pointe Condominiums Subdivision
  • Community Lake

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,204

Year Built

Built in 2002

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Cross Street: Priest & Rio Salado Parkway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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 Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • 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: 2014
  • Directions: Go south on Priest from 202. Turn east on Rio Salado & follow to Lakeside Dr. Right on Lakeside Dr. & follow around to Regatta Pointe. Unit is in the north building 425.
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: grst01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: Regatta Pointe Condominiums
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 255.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, 9+ Flat Ceilings, Full Bth Master Bdrm
  • Living Area: 1022.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: 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:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Concrete
  • 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
  • Open Parking Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • 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 Htd, Near Light Rail Stop, Biking/Walking Path, Fitness Center
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Pointe
  • Phone: 602-216-7522
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 612.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Pointe
  • Association Fees:HOA Telephone4: 602-216-7522
  • 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:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: 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: Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 105.0
  • Parcel #: 124-24-068

Building Info

  • Builder Name: Piceme

Tax Info

  • Tax Annual Amount: 2204.38
  • Tax Book Number: 124.00
  • Tax Lot: 159
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Feb 19, 2025
Sold by
Westervelt Kirk and Westervelt Elizabeth
Bought by
Valdez Frederico and Valdez Andrea Marie
Seller's Agent
Kelly Hundelt
Realty Executives Arizona Territory
Buyer's Agent
Kelly Hundelt
Realty Executives Arizona Territory
List Price
$499,900
Sold Price
$499,900
Views
50
Current Estimated Value
$504,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,321
Avg. Annual Appreciation
0.10%

Purchase Details

Listed on
Dec 21, 2018
Closed on
May 20, 2019
Sold by
The Entrust Group Inc
Bought by
Westervelt Kirk and Westervelt Elizabeth
Seller's Agent
Debby Goldman
West USA Realty
Buyer's Agent
Kelly Hundelt
Realty Executives Arizona Territory
List Price
$335,000
Sold Price
$333,750
Premium/Discount to List
-$1,250
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 21, 2015
Sold by
Hart Paul and Hart Ruth
Bought by
The Entrust Group Inc
Seller's Agent
Kris McLaughlin
RETSY
Buyer's Agent
Kris McLaughlin
RETSY
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Sep 9, 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
$216,427
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2003
Sold by
Regatta Pointe Llc
Bought by
Hart Paul and Hart Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,427
Interest Rate
5.87%
Mortgage Type
New Conventional
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 $499,900 Lawyers Title Of Arizona
Warranty Deed $333,750 Chicago Title Agency
Cash Sale Deed $275,000 Grand Canyon Title Agency
Warranty Deed -- Lawyers Title Of Arizona Inc
Special Warranty Deed $270,534 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,800 Unknown
Previous Owner $216,427 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $499,900 0.0% $489 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $499,900 +49.8% $489 / Sq Ft
05/23/2019 05/23/19 Sold $333,750 -0.4% $327 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $335,000 +0.4% $328 / Sq Ft
04/30/2019 04/30/19 Off Market $333,750 -- --
12/21/2018 12/21/18 For Sale $330,000 0.0% $323 / Sq Ft
03/01/2017 03/01/17 Rented $1,475 0.0% --
02/17/2017 02/17/17 Price Changed $1,475 -4.8% $1 / Sq Ft
01/30/2017 01/30/17 Price Changed $1,550 -6.1% $2 / Sq Ft
01/13/2017 01/13/17 For Rent $1,650 0.0% --
07/24/2015 07/24/15 Sold $275,000 -6.8% $269 / Sq Ft
06/17/2015 06/17/15 Price Changed $295,000 -1.3% $289 / Sq Ft
05/27/2015 05/27/15 For Sale $299,000 -- $293 / 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 $2,782 $24,834 -- --
2024 $2,748 $23,652 -- --
2023 $2,748 $34,630 $6,920 $27,710
2022 $2,636 $29,230 $5,840 $23,390
2021 $2,655 $27,610 $5,520 $22,090
2020 $2,574 $26,600 $5,320 $21,280
2019 $2,525 $24,210 $4,840 $19,370
2018 $2,462 $24,860 $4,970 $19,890
2017 $2,389 $23,860 $4,770 $19,090
2016 $2,372 $19,980 $3,990 $15,990
2015 $2,278 $18,500 $3,700 $14,800
Source: Public Records

Agents Affiliated with this Home

  • Kelly Hundelt

    Seller's Agent in 2025

    Kelly Hundelt

    Realty Executives

    (602) 430-3564

    1 in this area

    23 Total Sales

    Kelly Hundelt
    Section Image
  • Debby Goldman

    Seller's Agent in 2019

    Debby Goldman

    West USA Realty

    (480) 948-5554

    6 Total Sales

    Debby Goldman
    Section Image
  • James Wehner

    Seller's Agent in 2017

    James Wehner

    West USA Realty

    (480) 323-5462

    43 Total Sales

    James Wehner
    Section Image
  • Paul Lowe

    Buyer's Agent in 2017

    Paul Lowe

    West USA Realty

    (623) 206-2458

    13 Total Sales

    Paul Lowe
    Section Image
  • Kris McLaughlin

    Seller's Agent in 2015

    Kris McLaughlin

    RETSY

    (602) 334-8887

    44 Total Sales

    Kris McLaughlin
    Section Image
  • Brian North

    Seller Co-Listing Agent in 2015

    Brian North

    Compass

    (480) 250-6687

    2 in this area

    137 Total Sales

    Brian North
    Section Image
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About Regatta Pointe Condominiums

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5285752

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-068

Arizona Maricopa County Tempe 85281 Downtown Tempe

425 W Rio Salado Pkwy Unit 113, Tempe, AZ

This home is located at 425 W Rio Salado Pkwy Unit 113, Tempe, AZ 85281 and is currently priced at $275,000, approximately $269 per square foot. This property was built in 2002. 425 W Rio Salado Pkwy Unit 113 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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