NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 329 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $395,831 - $455,000

1 Bed
1 Bath
1,035 Sq Ft
$415/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $295,000 $285 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,486/month

Highlights

  • Fitness Center
  • Gated Community
  • Property is near public transit
  • Unit is on the top floor
  • Clubhouse
  • Heated Community Pool

About This Home

As of June 2023

Here's a opportunity to rent 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 floor plan, featuring abundant natural light from the highly desirable two story window feature wall. Loft can be used as 2nd Bedroom. Complete with private parking garage with built in storage. Conveniently located near Tempe Beach Park and a short walk to Mill Ave and the ASU Campus. Regatta Pointe offers a resort-style community with a sparkling community pool, heated spa, and fitness center. It is the perfect location for professionals or grad students, with many large employers and ASU campus life nearby. So close to all the fun restaurants and entertainment Tempe has to offer!

Last Agent to Rent the Property

Gabriel Mendoza

eXp Realty License #SA703578000 Listed on: 06/13/2023

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 2002

Parking

  • 1 Car Direct Access Garage
  • Parking Permit Required

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,035 Sq Ft Home
  • 3-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

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

Schools

  • Tempe High Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • 80 Sq Ft Lot

Listing and Financial Details

  • Property Available on 6/13/23
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 337
  • Assessor Parcel Number 124-24-152

Community Details

Overview

  • Property has a Home Owners Association
  • Regatta Pointe Condominums Amd Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,949

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2023-06-13

Listing Details

  • Cross Street: Mill Ave & Rio Salado Pkwy
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Rental Info H O A Name: unk
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Enter Regatta Pointe from the south entrance on 1st street. See MLS picture of community map.
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: REGATTA POINTE CONDOMINUMS AMD
  • Property Attached Yn: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Pantry, Laminate Counters
  • Living Area: 1035.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Disclosures: None
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Painted, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Direct Access, Garage Door Opener, Attch'd Gar Cabinets, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • 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 Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Clubhouse, Fitness Center
  • Association Name: unk
  • Phone: unk
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Tempe High School

Lot Info

  • Lot Size Sq Ft: 80.0
  • Parcel #: 124-24-152

Building Info

  • Builder Name: unk

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 337
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Mar 19, 2021
Sold by
Mcdonald Eileen P
Bought by
Reyes Smith Maria V and Smith Shawn
Seller's Agent
Julie Funk
Opulent Real Estate Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$1,550
Current Estimated Value
$429,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,408
Avg. Annual Appreciation
8.97%
Original Mortgage
$221,250
Outstanding Balance
$200,223
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$232,064

Purchase Details

Closed on
Oct 27, 2008
Sold by
D & T Arizona Investments Llc
Bought by
Mcdonald Eileen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2008
Sold by
Ez Homes Inc
Bought by
D&T Arizona Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2008
Sold by
Crane James R and Milmont Sharon
Bought by
Ez Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2005
Sold by
Milmont Sharon M
Bought by
Crane James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 26, 2005
Sold by
Soubrier Francoise M and Ninette Trust
Bought by
Crane James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 19, 2002
Sold by
Regatta Pointe Llc
Bought by
Soubrier Francoise M
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
Reyes Smith Maria V $295,000 Magnus Title
Mcdonald Eileen P $202,500 Security Title Agency
D&T Arizona Investments Llc -- None Available
Ez Homes Inc $165,001 None Available
Crane James R -- Equity Title Agency Inc
Crane James R $329,000 Equity Title Agency Inc
Soubrier Francoise M $153,535 Transnation Title Insurance
Regatta Pointe Llc -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Smith Maria V $221,250
Previous Owner Mcdonald Eileen P $158,175
Previous Owner Mcdonald Eileen P $162,000
Previous Owner D&T Arizona Investments Llc $145,000
Previous Owner Ez Homes Inc $145,000
Previous Owner D & T Arizona Investments Llc $40,000
Previous Owner D & T Arizona Investments Llc $145,000
Previous Owner Crane James R $296,000
Previous Owner Crane James R $55,500
Previous Owner Crane James R $263,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Rented $1,800 0.0% --
06/20/2023 06/20/23 Under Contract -- -- --
06/14/2023 06/14/23 For Rent $1,800 0.0% --
05/30/2022 05/30/22 Rented $1,800 0.0% --
05/17/2022 05/17/22 Under Contract -- -- --
05/10/2022 05/10/22 For Rent $1,800 +16.1% --
05/14/2021 05/14/21 Rented $1,550 0.0% --
05/07/2021 05/07/21 Under Contract -- -- --
05/04/2021 05/04/21 For Rent $1,550 0.0% --
03/26/2021 03/26/21 Sold $295,000 -1.3% $285 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $299,000 0.0% $289 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $299,000 -- $289 / 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 $1,949 $23,192 -- --
2024 $2,567 $22,088 -- --
2023 $2,567 $26,960 $5,390 $21,570
2022 $2,462 $21,930 $4,380 $17,550
2021 $2,479 $21,050 $4,210 $16,840
2020 $2,089 $20,260 $4,050 $16,210
2019 $2,049 $18,570 $3,710 $14,860
2018 $1,993 $19,030 $3,800 $15,230
2017 $1,931 $17,670 $3,530 $14,140
2016 $1,922 $16,210 $3,240 $12,970
2015 $1,859 $15,010 $3,000 $12,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6568465

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-152