NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 234 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $460,886 - $510,000

2 Beds
2 Baths
1,082 Sq Ft
1,307 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $258,000 $238 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,862/month

3 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Clubhouse
  • Heated Spa
  • Mountain View
  • Property is near public transit

About This Home

As of October 2017

The PERFECT Tempe location right next to Tempe Town Lakes and Tempe Beach Park! Easy access to ASU, Mill Ave, freeways and Sky Harbor makes this the perfect home for students or professionals. Completely upgraded with granite, slate and higher end finishes - light and bright with plenty of storage, 2 bedrooms and two baths - with a beautiful POOL view! A one car garage is included. The upscale gated community features a heated resort style pool, clubhouse, fitness center and outdoor BBQ area. You'll LOVE living here!

Last Agent to Sell the Property

Alex Smith

RETSY License #SA653775000 Listed on: 08/10/2017

Co-Listed By

Daniel Nardi

RETSY License #SA650511000

Last Buyer's Agent

Laura Jorden

Russ Lyon Sotheby's International Realty License #SA564224000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 2002

Lot Details

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

Parking

  • 1 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 124-24-076

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Association, Phone Number (602) 957-9191
  • Regatta Pointe Condominums Amd Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,488

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Cross Street: HARDY & RIO SALADO
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 255.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2016
  • Directions: East on Rio Salado to property.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 255.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Elevator, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1082.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s)
  • Pool Features: Community, Heated, None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Tile, Concrete, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: AAM
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AAM
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 612.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1175.0
  • Parcel #: 124-24-076
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2488.0
  • Tax Book Number: 124.00
  • Tax Lot: 213
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 1, 2017
Sold by
Livingston Megan Foster
Bought by
Coffey Devona K
Seller's Agent
Alex Smith
RETSY
Buyer's Agent
Laura Jorden
Russ Lyon Sotheby's International Realty
List Price
$265,000
Sold Price
$258,000
Premium/Discount to List
-$7,000
-2.64%
Current Estimated Value
$488,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,222
Avg. Annual Appreciation
8.45%
Original Mortgage
$193,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2017
Closed on
Aug 14, 2017
Sold by
Coffey Larry and Coffey Devona K
Bought by
Coffey Devona K
Seller's Agent
Alex Smith
RETSY
Buyer's Agent
Laura Jorden
Russ Lyon Sotheby's International Realty
List Price
$265,000
Sold Price
$258,000
Premium/Discount to List
-$7,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2015
Sold by
Livingston Adam Michael and Livingston Megan Foster
Bought by
Livingston Megan Foster

Purchase Details

Closed on
Sep 24, 2014
Sold by
Livingston Megan Foster and Foster Megan
Bought by
Livingston Adam Michael and Livingston Megan Foster

Purchase Details

Closed on
Jul 13, 2006
Sold by
Boerbon Vincent F and Vincent F Boerbon Trust Agreem
Bought by
Foster Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Boerbon Vincent F
Bought by
Boerbon Vincent F and Vincent F Boerbon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2002
Sold by
Boerbon Vince F
Bought by
Boerbon Vincent F and Vincent F Boerbon Trust
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
Coffey Devona K $258,000 First Arizona Title Agency L
Coffey Devona K -- First Arizona Title Agency L
Livingston Megan Foster -- None Available
Livingston Adam Michael -- Accommodation
Foster Megan $433,000 Chicago Title Insurance Co
Boerbon Vincent F -- Arizona Title Agency Inc
Boerbon Vincent F -- Arizona Title Agency Inc
Boerbon Vincent F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coffey Devona K $193,500
Previous Owner Foster Megan $150,000
Previous Owner Boerbon Vincent F $210,000
Previous Owner Boerbon Vincent F $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $258,000 -2.6% $238 / Sq Ft
09/28/2017 09/28/17 Price Changed $265,000 0.0% $245 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $265,000 -- $245 / 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 $2,483 $26,049 -- --
2024 $2,883 $24,808 -- --
2023 $2,883 $29,880 $5,970 $23,910
2022 $2,765 $25,730 $5,140 $20,590
2021 $2,784 $23,560 $4,710 $18,850
2020 $2,700 $22,810 $4,560 $18,250
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 $2,088 $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: 5644441

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-076