NOT LISTED FOR SALE

Regatta Pointe Condominiums 425 W Rio Salado Pkwy Unit 305 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $473,000 - $576,000

2 Beds
2 Baths
1,166 Sq Ft
$270/mo HOA Fee

Last Sold August 14, 2014

Last sale price $308,000 $264 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,342/month

3 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • 1 Car Detached Garage
  • Mountain View
  • Heated Community Pool
  • Double Pane Windows

About This Home

As of August 2014

Tempe Living at it Finest. Expansive views of Tempe Town Lake, The Performing Arts Center and The Papago Mountains. Easy walking distance to Mill Ave and great access to biking/hiking/running trails and Tempe Town Lake. A resort like pool with BBQ area, club house and fitness center. The home has 2 nice sized bedrooms, 2 bathrooms and a great room style layout. The french door off the great roomleads to a big balcony over looking the views. There is ample parking with a good sized one car garage and an additional assigned parking place.

Last Agent to Sell the Property

John Schloz

HomeSmart License #BR509582000 Listed on: 07/07/2014

HomeSmart

Last Buyer's Agent

Polly Mitchell

Polly Mitchell Global Realty License #BR546144000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 2002

Lot Details

  • Waterfront

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Tile Roof
  • Foam Roof

Interior Spaces

  • 1,166 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Mountain Views
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

  • 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

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 350
  • Assessor Parcel Number 124-24-164

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Regatta Pointe Condo Association, Phone Number (602) 957-9191
  • Built by Picerna
  • Regatta Pointe Subdivision

Amenities

  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,404

Year Built

Built in 2002

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Cross Street: Mill Avenue and Rio Salado Parkway
  • 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: 270.0
  • 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
  • Tax Year: 2013
  • Directions: West on Rio Salado to Lakeside, South on Lakeside and follow east to parking
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: Regatta Pointe
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 270.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1166.0
  • Stories: 3
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Waterfront Lot
  • Pool Features: None
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Steel Frame, Painted
  • Roof: Tile, Foam
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Assigned, Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Detached: Yes
  • 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: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 270.0
  • 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 Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Pointe Condo
  • Association Fees:HOA Telephone4: 6029579191
  • 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: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
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, 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: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 124.0
  • Parcel #: 124-24-164

Building Info

  • Builder Name: Picerna

Tax Info

  • Tax Annual Amount: 2404.0
  • Tax Book Number: 124.00
  • Tax Lot: 350
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2018
Sold by
Wilhite Donald A and Wilhite Myra S
Bought by
Wilhite Donald A and Wilhite Myra S
Current Estimated Value
$515,691

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 12, 2014
Sold by
Causseaux Stephen
Bought by
Wilhite Donald A and Wilhite Myra S
Seller's Agent
John Schloz
HomeSmart
Buyer's Agent
Polly Mitchell
Polly Mitchell Global Realty
List Price
$319,000
Sold Price
$308,000
Premium/Discount to List
-$11,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$231,000
Outstanding Balance
$178,746
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$343,778

Purchase Details

Closed on
Oct 17, 2003
Sold by
Regatta Pointe Llc
Bought by
Causseaux Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,150
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 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
$187,150
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wilhite Donald A -- None Available
Wilhite Donald A $308,000 First Arizona Title Agency
Causseaux Stephen $233,942 Lawyers Title Of Arizona Inc
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilhite Donald A $231,000
Previous Owner Causseaux Stephen K $187,000
Previous Owner Causseaux Stephen $187,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $308,000 -3.4% $264 / Sq Ft
07/07/2014 07/07/14 For Sale $319,000 -- $274 / 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 $3,154 $28,152 -- --
2024 $3,116 $26,812 -- --
2023 $3,116 $36,110 $7,220 $28,890
2022 $2,989 $31,110 $6,220 $24,890
2021 $3,009 $28,780 $5,750 $23,030
2020 $2,918 $27,950 $5,590 $22,360
2019 $2,863 $26,810 $5,360 $21,450
2018 $2,791 $27,530 $5,500 $22,030
2017 $2,708 $26,610 $5,320 $21,290
2016 $2,689 $22,430 $4,480 $17,950
2015 $2,583 $20,860 $4,170 $16,690
Source: Public Records

Agents Affiliated with this Home

  • John Schloz

    Seller's Agent in 2014

    John Schloz

    HomeSmart

    (602) 570-5905

    53 Total Sales

    John Schloz
    Section Image
  • Polly Mitchell

    Buyer's Agent in 2014

    Polly Mitchell

    Polly Mitchell Global Realty

    (480) 229-8483

    1 in this area

    48 Total Sales

    Polly Mitchell
    Section Image
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About Regatta Pointe Condominiums

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5140762

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-164

Arizona Maricopa County Tempe 85281 Downtown Tempe

425 W Rio Salado Pkwy Unit 305, Tempe, AZ

This home is located at 425 W Rio Salado Pkwy Unit 305, Tempe, AZ 85281 since 07 July 2014 and is currently estimated at $515,691, approximately $442 per square foot. This property was built in 2002. 425 W Rio Salado Pkwy Unit 305 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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