NOT LISTED FOR SALE

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

Downtown Tempe Neighborhood

Estimated Value: $561,000 - $670,000

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

Current estimated payment $4,073/month

34 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Waterfront
  • Gated Parking
  • City Lights View
  • 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 License #SA020005000 Listed on: 07/06/2023

Realty Executives

Co-Listed By

Dustin Anderson

Realty Executives 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
  • Common or Shared Parking
  • Tandem Parking
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required

Property Views

  • City Lights
  • Mountain

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

Kitchen

  • Breakfast Bar
  • 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

  • Refrigerated Cooling System
  • Zoned Heating
  • 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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • 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
  • Directions: * Rio Salado / Priest Directions: * East to Lakeside Dr. * North through gate * Park in Visitor parking * Take elevator to 3rd floor *
  • 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
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 341.0
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Elevator, Wet Bar, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1520.0
  • Stories: 3
  • Window Features: Dual Pane, Low-E
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: 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
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Waterfront Lot
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Vicinity of an Airport
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Painted, Stucco, 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: Electric Door Opener, Extnded Lngth Garage, Tandem, Gated, Permit Required, Common
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Common: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Lake Subdivision, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • 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:HOA Telephone4: 602-957-9191
  • 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
  • ResoLotSizeUnits: SquareFeet

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
Buyer's Agent
Alanna Foudy
Compass
List Price
$695,000
Sold Price
$620,500
Premium/Discount to List
-$74,500
-10.72%
Total Days on Market
34
Views
71
Current Estimated Value
$623,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,530
Avg. Annual Appreciation
0.23%

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

Similar Homes in Tempe, AZ

  • 945 E Playa Del Norte Dr Unit 1022, Tempe, AZ 85281

    $499,500

    • 2 Beds
    • 2 Baths
    • 1,208 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 1022
    • Tempe, AZ

    Welcome to this Modern Resort Style condo on Tempe Town Lake! This 2 bedroom 2 bathroom split layout with upgrades throughout comes with all appliances move in ready!! The kitchen boasts granite countertops, stainless steel appliances, and a peninsula breakfast bar. Enjoy the sunrises and sunsets on your private balcony and the exterior fireplace in the winter months! Jog along the boardwalk or

    Beth Rider Keller Williams Arizona Realty

    Section Image
  • 520 S Roosevelt St Unit 1009, Tempe, AZ 85281

    $559,900

    • 2 Beds
    • 2.5 Baths
    • 1,483 Sq Ft
    • 520 S Roosevelt St
    • Unit 1009
    • Tempe, AZ

    Welcome to Skye 15 Lofts, a charming gated community in the heart of Tempe's Riverside-Sunset Neighborhood just moments from vibrant Downtown Tempe and Mill Avenue. This spacious 2 bedroom, 2.5 bathroom loft style residence offers a warm and inviting open floor plan with split bedrooms, one on each floor, perfect for roommates or a family looking for more privacy. Or, just use 1 bedroom as a home

    Tom Tokoph Urban Realty & Development, LLC

    Section Image
  • 120 E Rio Salado Pkwy Unit 101, Tempe, AZ 85281

    $649,900

    • 2 Beds
    • 2 Baths
    • 1,742 Sq Ft
    • 120 E Rio Salado Pkwy
    • Unit 101
    • Tempe, AZ

    Experience resort-style living in this beautifully updated 2 bed / 2 bath at the Edgewater Condominiums in Tempe. This rare ground-floor unit boasts 300 sq. ft. of private patio space with exclusive gated access to the lakeside. Inside, high-end designer finishes elevate the space, including wood-look tile flooring, a fully renovated chef's kitchen, and Hunter Douglas smart blinds. The kitchen is

    Rachael Richards RHouse Realty

    Section Image
  • 21 E 6th St Unit 316, Tempe, AZ 85281

    $725,000

    • 2 Beds
    • 2 Baths
    • 1,932 Sq Ft
    • 21 E 6th St
    • Unit 316
    • Tempe, AZ

    Live in the heart of Downtown Tempe in this stunning 1,932 sf, 3rd Floor, corner loft at the iconic Orchidhouse. Soaring 11 foot ceilings frame this stylish unit, featuring expansive operable windows and rich wood flooring. The sleek, modern kitchen boasts a stainless steel island and top-tier appliances -- creating an inviting space perfect for calling home. With 2 bedrooms and 2 bathrooms,

    Tom Tokoph Urban Realty & Development, LLC

    Section Image
  • 21 E 6th St Unit 412, Tempe, AZ 85281

    $549,900

    • 2 Beds
    • 2 Baths
    • 1,342 Sq Ft
    • 21 E 6th St
    • Unit 412
    • Tempe, AZ

    Great opportunity to own this LIVE/WORK 2 bedroom/2 bathroom (2 underground parking spots) with amazing 4th floor views to the south over ASU. Live in the heart of Downtown Tempe, walk, bike or shuttle everywhere. Perfect for Asu students/employees (walk or bike to class) or anyone who wants to experience Urban Living! *Remodeled with new wood plank floors and complete new kitchen with large

    Brian Ivener NextHome City to City

    Section Image
  • 1111 W University Dr Unit 3016, Tempe, AZ 85281

    $550,000

    • 3 Beds
    • 3 Baths
    • 2,257 Sq Ft
    • 1111 W University Dr
    • Unit 3016
    • Tempe, AZ

    The Vale Condominiums are a downtown Tempe landmark designed by renowned architect Will Bruder. This unique 3 bedroom unit features a 22-foot great room ceiling and a north facing wall of windows with Camelback and downtown Tempe views. Loft open to great room provides space for office, additional living room, or can be modified for use as a fourth bedroom. Only one mile to ASU and Whole Foods,

    Rebekah Liperote Redfin Corporation

    Section Image
  • 945 E Playa Del Norte Dr Unit 3009, Tempe, AZ 85281

    $495,000

    • 2 Beds
    • 2 Baths
    • 1,208 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 3009
    • Tempe, AZ

    Enjoy elevated living in the heart of Tempe! This stylish 2-bed, 2-bath condo on the third floor of the gated North Shore community offers a bright, airy layout designed for everyday comfort. The split floor plan creates well-defined spaces with enhanced privacy for each bedroom, while the open great room serves as a central gathering space filled with natural light. A spacious balcony off the

    Sarina Bergman Keller Williams Arizona Realty

    Section Image
  • 945 E Playa Del Norte Dr Unit 5023, Tempe, AZ 85281

    $529,000

    • 2 Beds
    • 2 Baths
    • 1,329 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 5023
    • Tempe, AZ

    Discover the charm of living in this beautifully condominium at North Shore! Perched on the top floor, this stunning residence offers breathtaking views of Camelback Mountain and Tempe Town Lake. The spacious layout includes an inviting eat-in kitchen and an open-concept living area, perfect for both relaxation and entertaining. Step onto your private balcony, complete with a built-in fireplace,

    Madeline Bright Midland Real Estate Alliance

    Section Image
  • 945 E Playa Del Norte Dr Unit 5005, Tempe, AZ 85281

    $474,900

    • 2 Beds
    • 2 Baths
    • 1,208 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 5005
    • Tempe, AZ

    Stunning 2 bed / 2 bath condo, ideally situated in the coveted lakeside community of North Shore. Perched on the upper level, this home offers breathtaking city & mountain views, resort-style amenities & an unbeatable location. The interior exudes modern elegance, recently updated with fresh neutral-tone paint, brand-new carpeting. An updated HVAC system (less than 2 years old) allows you to buy

    Rachael Richards RHouse Realty

    Section Image
See All Homes in Tempe

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

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 Anderson Thomas S $500,000
Previous Owner Anderson Thomas S $359,650
Previous Owner Regatta Pointe Llc $41,613
Previous Owner Miller Andrew S $166,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 $3,015 $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

    70 Total Sales

    Tom Anderson
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Dustin Anderson

    Realty Executives

    2 in this area

    57 Total Sales

    Dustin Anderson
    Section Image
  • Alanna Foudy

    Buyer's Agent in 2023

    Alanna Foudy

    Compass

    (480) 518-0607

    1 in this area

    62 Total Sales

    Alanna Foudy
    Section Image
See All Agents

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

This home is located at 425 W Rio Salado Pkwy Unit 307, Tempe, AZ 85281 since 06 July 2023 and is currently estimated at $623,030, approximately $409 per square foot. This property was built in 2002. 425 W Rio Salado Pkwy Unit 307 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

Nearby Homes