NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 308 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $417,068 - $498,000

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

Last Sold September 19, 2014

Last sale price $212,000 $196 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,774/month

145 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • City Lights View
  • Heated Spa
  • Gated Community
  • Contemporary Architecture

About This Home

As of September 2014

Ideal Tempe location - walking distance to Mill Ave shopping and ASU campus, light rail line,Tempe Town Lake and Tempe Center for the Arts. 2 Bed 2 Full Bath Unit with many upgrades. Beautiful community swimming pool and secure, gated entry. Split floor plan, 1 car garage with extra storage room. This is an incredible property at a great price!

Last Agent to Sell the Property

Brenda Kohles

Superb Realty License #SA543447000 Listed on: 04/10/2014

Co-Listed By

Mary Badger

West USA Realty License #BR572176000

Last Buyer's Agent

Connor Bearse

AZ Brokerage Holdings, LLC License #SA651447000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 2002

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 1 Car Garage
  • Gated Parking

Home Design

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

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Patio

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

Listing and Financial Details

  • Tax Lot 325
  • Assessor Parcel Number 124-24-140

Community Details

Overview

  • Property has a Home Owners Association
  • Regatta Point Condom Association, Phone Number (480) 551-4300
  • Regatta Point Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,880

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Priest and Rio Salado Pkwy
  • 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: 270.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2012
  • Directions: East on Rio Salado Pkwy to Lakeside Dr. Follow to the end. Building 435 which is on the south side. Park in front of building. Lock box is hanging on gate with REG stamped on side of box.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: rlxc01
  • Co List Office Phone: 480-332-0903
  • Subdivision Name: Regatta Point
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 270.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Furnished(See Rmrks), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1082.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Patio
  • Pool Features: Diving Pool, Fenced
  • View: City Lights
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, 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, Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Point Condom
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Point Condom
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • 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 Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1201.0
  • Parcel #: 124-24-140
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1880.0
  • Tax Book Number: 124.00
  • Tax Lot: 325
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Turner Thomas Mark and Turner Deborah Ann
Bought by
Rio Salado Turner 308 Llc
Current Estimated Value
$466,767

Purchase Details

Listed on
Apr 10, 2014
Closed on
Sep 2, 2014
Sold by
Egan Joseph and Egan Teresa
Bought by
Turner Thomas Mark and Turner Deborah Ann
Seller's Agent
Brenda Kohles
Superb Realty
Buyer's Agent
Connor Bearse
AZ Brokerage Holdings, LLC
List Price
$230,000
Sold Price
$212,000
Premium/Discount to List
-$18,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
May 3, 2004
Sold by
Dubois William R and Dubois Susan M
Bought by
Egan Joseph and Egan Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Dubois William R and Dubois Susan M
Bought by
Dubois William R and Dubois Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.43%
Mortgage Type
New Conventional
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
Rio Salado Turner 308 Llc -- None Available
Turner Thomas Mark $212,000 First American Title Ins Co
Egan Joseph $242,000 Security Title Agency
Dubois William R -- Lawyers Title Of Arizona Inc
Dubois William R $195,999 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 Egan Joseph $193,600
Previous Owner Dubois William R $176,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $212,000 -5.8% $196 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/11/2014 08/11/14 Price Changed $225,000 -2.2% $208 / Sq Ft
08/05/2014 08/05/14 For Sale $230,000 0.0% $213 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $230,000 -- $213 / 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 $2,832 $25,279 -- --
2024 $2,798 $24,075 -- --
2023 $2,798 $28,170 $5,630 $22,540
2022 $2,684 $24,370 $4,870 $19,500
2021 $2,702 $22,210 $4,440 $17,770
2020 $2,620 $21,560 $4,310 $17,250
2019 $2,570 $19,730 $3,940 $15,790
2018 $2,506 $20,070 $4,010 $16,060
2017 $2,432 $18,660 $3,730 $14,930
2016 $2,415 $17,430 $3,480 $13,950
2015 $2,319 $16,210 $3,240 $12,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5098670

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-140