NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 113 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $457,402 - $500,000

2 Beds
2 Baths
1,082 Sq Ft
$240/mo HOA Fee

Last Sold August 07, 2020

Last sale price $310,000 $287 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,051/month

46 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • End Unit
  • Gated Community
  • Property is near public transit
  • Community Spa

About This Home

As of August 2020

Here's a great opportunity to own a condo in the popular Regatta Pointe community.

We think you'll love the location and lifestyle that Regatta Pointe offers. It's an amazing Tempe location!
You'll find an open / split floor plan, inside laundry room, tiled floors, tons of storage space, private garage and more.
Residents of this community enjoy being close to Downtown Tempe, Tempe Town Lake, Tempe Beach Park, the Tempe Center for the Arts, the Phoenix zoo, Sky Harbor International Airport and so much more. Some of our favorite destinations that are super close to this community are the Culinary Dropout, The Lodge, The Shop Beer Company and so many more. Of course, Regatta Pointe is also just a few minutes from Arizona State University, as well! Hurry and take a look!

Last Agent to Sell the Property

Nick Bastian

Realty Executives Arizona Territory License #SA045994000 Listed on: 07/02/2020

Realty Executives Arizona Territory

Last Buyer's Agent

Nick Bastian

AZ Brokerage Holdings, LLC License #SA045994000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

  • Unit is below another unit
  • 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
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 124-24-055

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Llc Association, Phone Number (602) 957-9191
  • Regatta Pointe Condominums Subdivision

Recreation

  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,649

Year Built

Built in 2002

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • Cross Street: Mill Ave & Rio Salado Pkwy
  • 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: 240.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: Enter Regatta Pointe from the North side. Take Lakeside Drive to the guest parking lot where the lock box tree is located. Use the key to enter the complex and walk to the 435 building. See MLS pics
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: REGATTA POINTE CONDOMINUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 240.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • 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, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm
  • Living Area: 1082.0
  • Stories: 3
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Garage Door Opener, Assigned, Detached, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Detached: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

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: Gated, Community Spa Htd, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Pointe
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Pointe
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 576.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, 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: 1180.0
  • Parcel #: 124-24-055

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2649.0
  • Tax Book Number: 124.00
  • Tax Lot: 122
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jul 27, 2020
Sold by
Kim Jay and Kim Lisa Mijung
Bought by
Benedetto Adalin
Seller's Agent
Nick Bastian
Realty Executives Arizona Territory
Buyer's Agent
Nick Bastian
Realty Executives Arizona Territory
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$479,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,447
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Jul 21, 2017
Sold by
Rose Moor Trust
Bought by
Kim Jay & Kim Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.96%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 28, 2017
Sold by
Moor Michael F and Moor Rose
Bought by
Kim Jay and Kim Lisa Mijung
Seller's Agent
Elizabeth Whitman
AZ Real Estate By Liz
Buyer's Agent
Julia Coast
HomeSmart
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Moore Michael F and Moor Rose M
Bought by
Michael F & Rose Moor Trust

Purchase Details

Closed on
Jun 18, 2003
Sold by
Regatta Pointe Llc
Bought by
Moor Michael F and Moor Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,460
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2003
Sold by
Moor Michael F and Moor Rose M
Bought by
Moor Michael F and Moor Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,460
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
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
Benedetto Adalin $310,000 First American Title Ins Co
Kim Jay & Kim Lisa $240,000 --
Kim Jay $240,000 Equity Title Agency Inc
Michael F & Rose Moor Trust -- None Available
Moor Michael F $181,990 Lawyers Title Of Arizona Inc
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Moor Michael F -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jay & Kim Lisa $180,000
Previous Owner Kim Jay & Kim Lisa --
Previous Owner Kim Jay $180,000
Previous Owner Regatta Pointe Llc $19,460
Previous Owner Moor Michael F $155,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $310,000 0.0% $287 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $310,000 0.0% $287 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $310,000 0.0% $287 / Sq Ft
08/22/2018 08/22/18 Rented $1,275 0.0% --
08/14/2018 08/14/18 For Rent $1,275 0.0% --
05/02/2017 05/02/17 Sold $240,000 -7.3% $222 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $259,000 -- $239 / 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 $1,955 $26,049 -- --
2024 $2,492 $24,808 -- --
2023 $2,492 $30,430 $6,080 $24,350
2022 $2,380 $26,010 $5,200 $20,810
2021 $2,426 $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

  • Nick Bastian

    Seller's Agent in 2020

    Nick Bastian

    Realty Executives

    (602) 803-6425

    7 in this area

    137 Total Sales

    Section Image

  • A

    Seller's Agent in 2018

    April Rose

    PRS Property Management

    1 Total Sale

    Section Image
  • Elizabeth Whitman

    Seller's Agent in 2017

    Elizabeth Whitman

    AZ Real Estate By Liz

    (602) 373-8220

    31 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Julia Coast

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6089607

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-055

Arizona Maricopa County Tempe 85281 Downtown Tempe

435 W Rio Salado Pkwy Unit 113, Tempe, AZ

This home is located at 435 W Rio Salado Pkwy Unit 113, Tempe, AZ 85281 since 02 July 2020 and is currently estimated at $476,851, approximately $440 per square foot. This property was built in 2002. 435 W Rio Salado Pkwy Unit 113 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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