NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 304 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $441,007 - $516,000

2 Beds
2 Baths
1,082 Sq Ft
$255/mo HOA Fee

Last Sold April 30, 2018

Last sale price $263,000 $243 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,056/month

76 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Community Lake
  • Unit is on the top floor
  • Gated Community
  • Clubhouse

About This Home

As of April 2018

Beautiful top floor condo that overlooks the community resort style pool and spa! Located in the heart of all the action in Tempe, you are walking distance to Tempe Town Lake, The Yard, The Lodge, ASU, Tempe Beach Park, and direct access to all the major east valley freeways. The community features secure gated parking, private garage for the unit, fitness center, clubhouse, and BBQ grills. Inside, the unit features tile floors, white cabinets, granite counter tops, laundry room inside the unit, two master closets, dual master bathroom vanities, and walk out back porch. This is a cant miss opportunity to be in the middle of all the action!

Last Agent to Sell the Property

Darwin Wall

Realty ONE Group License #SA507071000 Listed on: 01/11/2018

Realty ONE Group

Co-Listed By

Erik Miller

ProSmart Realty License #SA634599000

Last Buyer's Agent

Michele Lepire

HomeSmart License #SA505276000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 2002

HOA Fees

  • $255 Monthly HOA Fees

Parking

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

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
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

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 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 High School

Utilities

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

Additional Features

  • No Interior Steps
  • Balcony
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 312
  • Assessor Parcel Number 124-24-127

Community Details

Overview

  • Association fees include ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (602) 957-9191
  • Built by Picerne
  • Regatta Pointe Condominums Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,506

Year Built

Built in 2002

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Cross Street: Mill and Rio Salado
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 2017
  • Directions: West to Ash Ave. Right to 1st st. Left to Farmer ave. Left to 1st st. Right to complex on right. Park M-F 8am-5pm only! Max of one hour! (See Private Rmks for more info.)
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: psmt02
  • Co List Office Phone: 480-726-2100
  • Subdivision Name: REGATTA POINTE CONDOMINUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 255.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Elevator, No Interior Steps, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1082.0
  • Stories: 3
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Detached, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Lake Subdivision, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 255.0
  • 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: 612.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: 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: 116.0
  • Parcel #: 124-24-127
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Picerne

Tax Info

  • Tax Annual Amount: 2506.0
  • Tax Book Number: 124.00
  • Tax Lot: 312
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 29, 2018
Sold by
Schafer Logan
Bought by
Johnson Suesan and Johnson Michael
Seller's Agent
Darwin Wall
Realty ONE Group
Buyer's Agent
Michele Lepire
HomeSmart
List Price
$270,000
Sold Price
$263,000
Premium/Discount to List
-$7,000
-2.59%
Current Estimated Value
$481,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,002
Avg. Annual Appreciation
8.58%

Purchase Details

Listed on
Aug 9, 2013
Closed on
Sep 5, 2013
Sold by
Evans Arnold M and Evans Arnold Matthew
Bought by
Schafer Logan
Seller's Agent
Robert Beglin
Realty Executives
Buyer's Agent
Erik Miller
ProSmart Realty
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$188,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2013
Sold by
Evans Arnold Matthew and Evans Leah Michelle
Bought by
Evans Arnold Matthew

Purchase Details

Closed on
Oct 17, 2012
Sold by
Evans Arnold Matthew and Evans Leah Michelle
Bought by
Evans Arnold Matthew and Evans Leah Michelle

Purchase Details

Closed on
Jan 15, 2008
Sold by
Evans Arnold Matthew
Bought by
Evans Arnold Matthew and Evans Leah Michelle

Purchase Details

Closed on
Jul 6, 2004
Sold by
Ostendorf Gary L
Bought by
Evans Arnold Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
Cook Dwight Edward
Bought by
Cook Dwight Edward and Schneider Neil S

Purchase Details

Closed on
Jul 3, 2002
Sold by
Regatta Pointe Llc
Bought by
Ostendorf Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,745
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Johnson Suesan $260,415 First American Title Insuran
Schafer Logan $235,000 First Arizona Title Agency
Evans Arnold Matthew -- None Available
Evans Arnold Matthew -- None Available
Evans Arnold Matthew -- None Available
Evans Arnold Matthew $245,000 Arizona Title Agency Inc
Cook Dwight Edward -- --
Ostendorf Gary L $177,182 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 Tramonto Apartments Llc $0
Previous Owner Schafer Logan $188,000
Previous Owner Evans Arnold Matthew $161,600
Previous Owner Evans Arnold Matthew $100,000
Previous Owner Evans Arnold Matthew $196,000
Previous Owner Ostendorf Gary L $21,000
Previous Owner Ostendorf Gary L $168,000
Previous Owner Ostendorf Gary L $141,745
Closed Ostendorf Gary L $26,400
Closed Evans Arnold Matthew $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $263,000 -0.8% $243 / Sq Ft
03/05/2018 03/05/18 Price Changed $265,000 -1.9% $245 / Sq Ft
01/11/2018 01/11/18 For Sale $270,000 0.0% $250 / Sq Ft
11/10/2015 11/10/15 Rented $1,300 0.0% --
10/06/2015 10/06/15 For Rent $1,300 0.0% --
09/09/2013 09/09/13 Sold $235,000 -2.0% $217 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $239,900 -- $222 / 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 $2,232 $26,049 -- --
2024 $2,883 $24,808 -- --
2023 $2,883 $29,330 $5,860 $23,470
2022 $2,765 $25,470 $5,090 $20,380
2021 $2,784 $23,060 $4,610 $18,450
2020 $2,700 $22,320 $4,460 $17,860
2019 $2,649 $20,650 $4,130 $16,520
2018 $2,239 $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

  • Darwin Wall

    Seller's Agent in 2018

    Darwin Wall

    Realty ONE Group

    (602) 625-2075

    361 Total Sales

    Darwin Wall
    Section Image
  • Erik Miller

    Seller Co-Listing Agent in 2018

    Erik Miller

    ProSmart Realty

    (602) 402-4934

    3 Total Sales

    Erik Miller
    Section Image

  • M

    Buyer's Agent in 2018

    Michele Lepire

    HomeSmart

    (602) 230-7600

    11 Total Sales

    Michele Lepire
    Section Image

  • J

    Seller's Agent in 2015

    Joni Villalobos

    Keller Williams Realty Phoenix

  • C

    Buyer's Agent in 2015

    Christopher Vlad

    HomeSmart Realty

    (602) 686-0653

    11 Total Sales

    Christopher Vlad
    Section Image

  • R

    Seller's Agent in 2013

    Robert Beglin

    Realty Executives

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5707535

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-127

Arizona Maricopa County Tempe 85281 Downtown Tempe

435 W Rio Salado Pkwy Unit 304, Tempe, AZ

This home is located at 435 W Rio Salado Pkwy Unit 304, Tempe, AZ 85281 since 11 January 2018 and is currently estimated at $481,002, approximately $444 per square foot. This property was built in 2002. 435 W Rio Salado Pkwy Unit 304 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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