NOT LISTED FOR SALE

Regatta Pointe Condominiums 425 W Rio Salado Pkwy Unit 307 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $572,000 - $645,000

2 Beds
3 Baths
1,520 Sq Ft
$341/mo HOA Fee

Last Sold September 11, 2023

Last sale price $620,500 $408 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,780/month

34 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Mountain View
  • Gated Parking
  • Waterfront
  • Community Lake

About This Home

As of September 2023

* Incredible lakeside condo in heart of Tempe * 3 balconies * 2 overlooking Tempe Town lake, One with views of ''A'' Mountain * Hardwood floors throughout * 16 foot ceiling in living room w/window overlooking Tempe Town Lake * Upgraded to the max * Large Tandem 2.5 car garage (G-127) *

Last Agent to Sell the Property

Tom Anderson

Realty Executives Arizona Territory License #SA020005000 Listed on: 07/06/2023

Realty Executives Arizona Territory

Co-Listed By

Dustin Anderson

Realty Executives Arizona Territory License #SA623675000

Last Buyer's Agent

Alanna Foudy

Compass License #BR545514000

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Common or Shared Parking
  • Tandem Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,520 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Built-In Barbecue

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

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 251
  • Assessor Parcel Number 124-24-112

Community Details

Overview

  • Association fees include roof repair, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Regatta Pointe Association, Phone Number (602) 957-9191
  • Built by Picerne
  • Regatta Pointe Condominiums Amd 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

$3,304

Year Built

Built in 2002

Lot Details

0

HOA Fees

$341 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado / Priest
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • 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
  • Property Sub Type: Loft Style
  • Horses: No
  • Co List Office Mls Id: reax09
  • Co List Office Phone: 480-948-9450
  • Subdivision Name: Regatta Pointe Condominiums Amd
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 341.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Elevator, Wet Bar, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1520.0
  • Stories: 3
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Waterfront Lot
  • Pool Features: None
  • Pool Private: No
  • View: City Light View(s), Mountain(s)
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Vicinity of an Airport
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Stucco, Painted, Block, Brick
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Tandem Garage, Gated, Garage Door Opener, Extended Length Garage, Permit Required, Common
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Common: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Gated2: 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: Lake, Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Fitness Center
  • Association Fee: 341.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Pointe
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Pointe
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Sewer, Maintenance Grounds, 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: 69.0
  • Parcel #: 124-24-112

Building Info

  • Builder Name: Picerne

Tax Info

  • Tax Annual Amount: 3304.0
  • Tax Book Number: 124.00
  • Tax Lot: 251
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 11, 2023
Sold by
Scottsdale Real Estate Group Llc
Bought by
Tosi Alexander Vincent
Seller's Agent
Tom Anderson
Realty Executives Arizona Territory
Buyer's Agent
Alanna Foudy
Compass
List Price
$695,000
Sold Price
$620,500
Premium/Discount to List
-$74,500
-10.72%
Views
71
Current Estimated Value
$605,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,095
Avg. Annual Appreciation
-1.15%

Purchase Details

Closed on
Nov 2, 2018
Sold by
Anderson Thomas S and Anderson Tina L
Bought by
Scottsdale Real Estate Group Llc

Purchase Details

Closed on
Jul 14, 2005
Sold by
Miller Andrew S
Bought by
Anderson Thomas S and Anderson Tina L

Purchase Details

Closed on
Aug 5, 2003
Sold by
Regatta Pointe Llc
Bought by
Miller Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,613
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Tosi Alexander Vincent $620,500 Clear Title Agency Of Arizona
Scottsdale Real Estate Group Llc -- Accommodation
Anderson Thomas S $508,800 --
Miller Andrew S $208,058 Lawyers Title Of Arizona Inc
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Miller Andrew S $208,058 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 Regatta Pointe Llc $41,613
Previous Owner Miller Andrew S $166,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $620,500 -8.1% $408 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $675,000 -2.9% $444 / Sq Ft
07/06/2023 07/06/23 For Sale $695,000 -- $457 / 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 $3,245 $31,128 -- --
2024 $3,445 $29,646 -- --
2023 $3,445 $40,310 $8,060 $32,250
2022 $3,304 $34,220 $6,840 $27,380
2021 $3,327 $31,980 $6,390 $25,590
2020 $3,226 $31,110 $6,220 $24,890
2019 $3,165 $29,730 $5,940 $23,790
2018 $3,086 $31,200 $6,240 $24,960
2017 $2,995 $30,550 $6,110 $24,440
2016 $3,334 $25,530 $5,100 $20,430
2015 $2,495 $23,700 $4,740 $18,960
Source: Public Records

Agents Affiliated with this Home

  • Tom Anderson

    Seller's Agent in 2023

    Tom Anderson

    Realty Executives

    (480) 510-5101

    1 in this area

    60 Total Sales

    Tom Anderson
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Dustin Anderson

    Realty Executives

    2 in this area

    47 Total Sales

    Dustin Anderson
    Section Image
  • Alanna Foudy

    Buyer's Agent in 2023

    Alanna Foudy

    Compass

    (480) 518-0607

    1 in this area

    59 Total Sales

    Alanna Foudy
    Section Image
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About Regatta Pointe Condominiums

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6576904

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-112

Arizona Maricopa County Tempe 85281 Downtown Tempe

425 W Rio Salado Pkwy Unit 307, Tempe, AZ

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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