NOT LISTED FOR SALE

Regatta Pointe Condominiums 425 W Rio Salado Pkwy Unit 303 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $480,364 - $560,000

2 Beds
2 Baths
1,166 Sq Ft
$341/mo HOA Fee

Last Sold October 16, 2023

Last sale price $449,500 $386 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,346/month

Highlights

  • Mountain View
  • Balcony
  • Central Air
  • Community Pool
  • Tile Flooring
  • Ceiling Fan

About This Home

As of October 2023

2 Bedroom/2 Bath split-floorplan offers a multitude of stunning lake, city and mountain views, including from your private balcony. Open floorplan creates an inviting space, complemented by a Kitchen with all appliances. Separate laundry room with washer/dryer. Convenient 1-car garage and an additional covered parking spot. Regatta Pointe offers a community pool/spa, a prime location near Tempe's top attractions such as Tempe Beach Park, the Tempe Center for the Arts, Phoenix Zoo, Sky Harbor Airport, ASU, light rail line, freeways and more. Gated community with Elevator-access. PRICED TO SELL!

Last Agent to Sell the Property

Van D. Welborn

Redfin Corporation License #SA556868000 Listed on: 09/28/2023

Redfin Corporation

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,166 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Mountain Views
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Schools

  • Tempe High Middle School
  • Tempe High School

Utilities

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

Additional Features

  • Balcony
  • Wrought Iron Fence

Listing and Financial Details

  • Tax Lot 249
  • Assessor Parcel Number 124-24-110

Community Details

Overview

  • Association fees include maintenance exterior
  • Regatta Pointe Condo Association, Phone Number (602) 957-9191
  • Built by Picerre
  • Regatta Pointe Condominums Amd Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,943

Year Built

Built in 2002

Lot Details

0

HOA Fees

$341 per month

Parking

1

Listing Details

  • Cross Street: Rio Salado Pkwy & Lakeside Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 341.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: West from Mill AV on Rio Salado, South on Lakeside Drive,, 425 Bldg on left facing Tempe Town Lake
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 341.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Separate Shwr & Tub
  • Living Area: 1166.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Spa Htd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool
  • Association Fee: 341.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Pointe Condo
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Pointe Condo
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 818.4
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 682.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior

Schools

  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Tempe High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1283.0
  • Parcel #: 124-24-110

Building Info

  • Builder Name: Picerre

Tax Info

  • Tax Annual Amount: 2943.0
  • Tax Book Number: 124.00
  • Tax Lot: 249
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 16, 2023
Sold by
Hk Re Property Llc 4
Bought by
425 West Rio Salado Pkwy 303 Trust and Harris
Seller's Agent
Van D. Welborn
Redfin Corporation
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$449,500
Sold Price
$449,500
Views
174
Current Estimated Value
$507,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,841
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Aug 30, 2021
Sold by
Sham Shae and Yamada Kazue
Bought by
Hk Re Property Llc 4

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 27, 2018
Sold by
Heise Benjamin and Heise Elizabeth
Bought by
Pham Phuc and Yamada Kazue
Seller's Agent
Kelly Cook
Real Broker
Buyer's Agent
Elizabeth Vasquez
Prime Equity Real Estate
List Price
$324,500
Sold Price
$316,000
Premium/Discount to List
-$8,500
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 13, 2016
Sold by
Flanagan Kenneth G and Johnson Karen M
Bought by
Heise Benjamin and Heise Elizabeth
Seller's Agent
Anna Bennett
eXp Realty
Buyer's Agent
Angela Daniel
Visionary Properties
List Price
$299,900
Sold Price
$296,500
Premium/Discount to List
-$3,400
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$226,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Flanagan Kenneth G and Johnson Karen M
Bought by
Flanagan Kenneth G and Johnson Karen M

Purchase Details

Closed on
May 8, 2006
Sold by
Turley Craig R
Bought by
Flanagan Kenneth G and Johnson Karen M

Purchase Details

Closed on
Apr 6, 2005
Sold by
Turley Craig R
Bought by
Turley Craig R and The Craig R Turley Family Trust

Purchase Details

Closed on
Dec 27, 2004
Sold by
Malley Howard
Bought by
Turley Craig R and Katz Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Sold by
Regatta Pointe Llc
Bought by
Malley Howard and Katz Howard
Source: Public Records

Range of Values:

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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
425 West Rio Salado Pkwy 303 Trust $449,500 Grand Canyon Title
Hk Re Property Llc 4 $400,000 Clear Title Agency Of Az
Pham Phuc $316,000 Stewart Title & Trust Of Pho
Heise Benjamin $296,500 Clear Title Agency Of Az Llc
Flanagan Kenneth G -- Westland Title Agency Of Az
Flanagan Kenneth G $418,000 Westland Title Agency Of Az
Turley Craig R -- Westland Title Agency Of Az
Turley Craig R $335,000 Westland Title Agency Inc
Malley Howard $276,683 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 Heise Benjamin $226,500
Previous Owner Turley Craig R $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $449,500 0.0% $386 / Sq Ft
10/10/2023 10/10/23 For Sale $449,500 0.0% $386 / Sq Ft
09/29/2023 09/29/23 For Sale $449,500 +42.2% $386 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
04/30/2018 04/30/18 Sold $316,000 -0.3% $271 / Sq Ft
03/28/2018 03/28/18 Price Changed $317,000 -2.3% $272 / Sq Ft
03/22/2018 03/22/18 For Sale $324,500 +9.4% $278 / Sq Ft
05/20/2016 05/20/16 Sold $296,500 -1.1% $254 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $299,900 -- $257 / 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 $2,882 $27,725 -- --
2024 $3,068 $26,405 -- --
2023 $3,068 $36,400 $7,280 $29,120
2022 $2,943 $31,160 $6,230 $24,930
2021 $2,963 $29,110 $5,820 $23,290
2020 $2,874 $28,270 $5,650 $22,620
2019 $2,819 $26,410 $5,280 $21,130
2018 $2,749 $27,120 $5,420 $21,700
2017 $2,309 $26,210 $5,240 $20,970
2016 $2,298 $22,110 $4,420 $17,690
2015 $2,544 $20,550 $4,110 $16,440
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

  • Kelly Cook

    Seller's Agent in 2018

    Kelly Cook

    Real Broker

    (480) 227-2028

    769 Total Sales

    Kelly Cook
    Section Image
  • Hannah Costa

    Seller Co-Listing Agent in 2018

    Hannah Costa

    Compass

    (623) 688-5305

    24 Total Sales

    Hannah Costa
    Section Image
  • Elizabeth Vasquez

    Buyer's Agent in 2018

    Elizabeth Vasquez

    Prime Equity Real Estate

    (480) 540-0448

    65 Total Sales

    Elizabeth Vasquez
    Section Image
  • Anna Bennett

    Seller's Agent in 2016

    Anna Bennett

    eXp Realty

    (602) 502-3133

    4 Total Sales

    Anna Bennett
    Section Image
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About Regatta Pointe Condominiums

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6611543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-110

Arizona Maricopa County Tempe 85281 Downtown Tempe

425 W Rio Salado Pkwy Unit 303, Tempe, AZ

This home is located at 425 W Rio Salado Pkwy Unit 303, Tempe, AZ 85281 since 28 September 2023 and is currently estimated at $507,341, approximately $435 per square foot. This property was built in 2002. 425 W Rio Salado Pkwy Unit 303 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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