Regatta Pointe Condominiums 425 W Rio Salado Pkwy Unit 113 Tempe, AZ 85281
Downtown Tempe Neighborhood
2
Beds
2
Baths
1,022
Sq Ft
$384/mo
HOA Fee
Highlights
- Fitness Center
- Gated Community
- Mountain View
- Gated Parking
- Waterfront
- Community Lake
About This Home
As of February 2025WOW! Highly sought-after LAKE-FRONT condo on ground floor* Incredible VIEWS from living rm, dining rm, kitchen & primary bdrm of Tempe Town Lake's water, paths, parks and mountains beyond* NEW A/C in July 2023* NEW wood-look vinyl flooring thru-out in November 2024 (NO carpet)* Dual-opening blinds in front windows - open from top or bottom* Fresh interior paint in Nov 2024* All on one level except for BASEMENT bonus room with WASHER/DRYER, loads of STORAGE space, and DIRECT ENTRY from GARAGE* Attached 1-car garage includes overhead storage racks* GATED community has heated pool & spa, common patios with BBQ, club house, & nicely equipped workout room* Walk or bike to Mill Ave, ASU, Tempe Town Lake, bars, dining, movies, etc. HURRY - this one won't last!!
Last Agent to Sell the Property
Realty Executives Arizona Territory License #SA031695000 Listed on: 01/08/2025
Last Buyer's Agent
Kelly Hundelt
AZ Brokerage Holdings, LLC License #SA031695000
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,782
Year Built
- Built in 2002
Lot Details
- Waterfront
- Two or More Common Walls
- Private Streets
- Wrought Iron Fence
- Artificial Turf
- Private Yard
HOA Fees
- $384 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
- Gated Parking
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 1,022 Sq Ft Home
- 3-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Mountain Views
- Finished Basement
Kitchen
- Electric Cooktop
- Built-In Microwave
Flooring
- Floors Updated in 2024
- Vinyl Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom Updated in 2024
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Covered patio or porch
- Outdoor Storage
- Built-In Barbecue
Location
- Unit is below another unit
- Property is near public transit
- Property is near a bus stop
Schools
- Scales Technology Academy Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Cooling System Updated in 2023
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 159
- Assessor Parcel Number 124-24-068
Community Details
Overview
- Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
- Aam Association, Phone Number (480) 422-7075
- Regatta Pointe Condominums Amd Subdivision
- Community Lake
Recreation
- Community Pool
- Community Spa
- Bike Trail
Additional Features
- Recreation Room
- Gated Community
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261
Avg. Annual Appreciation
2.02%
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
Similar Homes in Tempe, AZ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2025
Kelly Hundelt
Realty Executives
(602) 430-3564
1 in this area
23 Total Sales
-
Seller's Agent in 2019
Debby Goldman
West USA Realty
(480) 948-5554
5 Total Sales
-
Seller's Agent in 2017
James Wehner
West USA Realty
(480) 323-5462
44 Total Sales
-
Buyer's Agent in 2017
Paul Lowe
West USA Realty
(623) 206-2458
13 Total Sales
-
Seller's Agent in 2015
Kris McLaughlin
RETSY
(602) 334-8887
44 Total Sales
-
Seller Co-Listing Agent in 2015
Brian North
Compass
(480) 250-6687
2 in this area
136 Total Sales
About Regatta Pointe Condominiums
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6796225
APN: 124-24-068
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.
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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