NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 103 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $359,000 - $503,000

2 Beds
2 Baths
1,082 Sq Ft
$384/mo HOA Fee

Last Sold February 01, 2024

Last sale price $445,000 $411 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,166/month

41 Days on Market

Highlights

  • Fitness Center
  • End Unit
  • 1 Car Detached Garage
  • Gated Community
  • Community Pool
  • Double Pane Windows

About This Home

As of February 2024

Welcome home to Regatta Pointe! If you are looking for a beautiful move-in ready condo in the heart of all the action then look no further! Regatta Pointe is a gated community that is within walking distance to Tempe Town Lake, ASU, biking/walking paths, Tempe Center of the Arts, Mill Ave, and you are just minutes away from the 202 freeway and Sky Harbor Airport. This unit has everything you need: new hvac, new water heater, new flooring, updated kitchen, updated bathrooms, split floor plan, and a 15-second walk to the pool and fitness center! Don't worry about lugging your groceries up to your place with this fantastic ground-floor unit. This unit also comes with a garage and guest parking! Do not miss out on this opportunity for resort-style living!

Last Agent to Sell the Property

Keane Kennedy

eXp Realty License #SA685526000 Listed on: 11/24/2023

eXp Realty

Last Buyer's Agent

Josh Hintzen

Real Broker License #BR557663000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $384 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Floors Updated in 2023
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

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

Additional Features

  • Patio
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 124-24-052

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, maintenance exterior
  • Aam Association, Phone Number (602) 674-4355
  • Regatta Pointe Condominums Amd Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,823

Year Built

Built in 2002

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Cross Street: Rio Salado Pkwy & Lakeside Drive
  • 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: 384.0
  • Basement: N
  • Items Updated Floor Yr Updated: 2023
  • Items Updated Ht Cool Yr Updated: 2023
  • 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: 2023
  • Directions: Go east on Rio Salado Pkwy from Priest Dr. Continue on Rio Salado until you reach Lakeside Dr stoplight. Turn right and follow the road to the gate.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 384.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, 9+ Flat Ceilings, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1082.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Above, End Unit
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: 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: Gated, Community Spa, Community Spa Htd, Community Pool, Fitness Center
  • Association Fee: 384.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Pointe
  • Phone: 602-674-4355
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Pointe
  • Association Fees:HOA Telephone4: 602-674-4355
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 921.6
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 768.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, 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: 117.0
  • Parcel #: 124-24-052

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2823.0
  • Tax Book Number: 124.00
  • Tax Lot: 119
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Feb 1, 2024
Sold by
Regattapointe 103 Llc
Bought by
Bratta Stephen T and Bratta Jennifer J
Seller's Agent
Keane Kennedy
eXp Realty
Buyer's Agent
Josh Hintzen
Real Broker
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Views
109
Current Estimated Value
$463,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,763
Avg. Annual Appreciation
0.70%
Original Mortgage
$300,000
Outstanding Balance
$296,157
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$153,571

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 15, 2022
Sold by
Caporaso Anthony Francis
Bought by
Regattapointe 103 Llc
Seller's Agent
Curtis Johnson
eXp Realty
Buyer's Agent
Keane Kennedy
eXp Realty
Sold Price
$2,200

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 5, 2020
Sold by
Regeta Pointe Tempe Llc
Bought by
Caporaso Anthony Francis and Caporaso Dana Beth
Seller's Agent
Nick Bastian
Realty Executives Arizona Territory
Buyer's Agent
Keane Kennedy
eXp Realty
List Price
$300,000
Sold Price
$297,000
Premium/Discount to List
-$3,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$237,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2011
Sold by
Ruble Mark J
Bought by
Regatta Pointe Tempe Llc

Purchase Details

Closed on
Sep 19, 2006
Sold by
Ruble George Scott
Bought by
Ruble Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2005
Sold by
Flanagan James F and Flanagan Karen P
Bought by
Ruble George Scott and Ruble Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2002
Sold by
Picerne Rio Salado Llc
Bought by
Regatta Pointe Llc

Purchase Details

Closed on
Oct 1, 2002
Sold by
Picerne Rio Salado Llc
Bought by
Regatta Pointe Llc
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
Bratta Stephen T $445,000 Fidelity National Title Agency
Regattapointe 103 Llc -- Professional Escrow Resources
Caporaso Anthony Francis $297,000 Fidelity Natl Ttl Agcy Inc
Regatta Pointe Tempe Llc -- None Available
Ruble Mark J -- Guaranty Title Agency
Ruble George Scott $231,000 American Title Svc Agency Ll
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bratta Stephen T $300,000
Previous Owner Caporaso Anthony Francis $237,600
Previous Owner Ruble Mark J $56,250
Previous Owner Ruble George Scott $184,800
Closed Ruble George Scott $46,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $445,000 -1.1% $411 / Sq Ft
11/24/2023 11/24/23 For Sale $449,900 0.0% $416 / Sq Ft
08/07/2023 08/07/23 Rented $2,200 0.0% --
05/16/2023 05/16/23 For Rent $2,200 0.0% --
03/13/2020 03/13/20 Sold $297,000 -1.0% $274 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $300,000 -- $277 / 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 $2,918 $26,049 -- --
2024 $2,883 $24,808 -- --
2023 $2,883 $30,430 $6,080 $24,350
2022 $2,765 $26,010 $5,200 $20,810
2021 $2,784 $24,070 $4,810 $19,260
2020 $2,700 $23,300 $4,660 $18,640
2019 $2,649 $20,650 $4,130 $16,520
2018 $2,583 $21,120 $4,220 $16,900
2017 $2,506 $19,670 $3,930 $15,740
2016 $2,488 $18,800 $3,760 $15,040
2015 $2,390 $17,350 $3,470 $13,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6633519

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-052