NOT LISTED FOR SALE

435 W Rio Salado Pkwy Unit 331 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $442,836 - $480,000

2 Beds
2 Baths
1,082 Sq Ft
$341/mo HOA Fee

Last Sold March 15, 2023

Last sale price $420,000 $388 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,116/month

10 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Unit is on the top floor
  • Mountain View
  • Heated Community Pool

About This Home

As of March 2023

The best of Tempe Town Lake Living. It's all right here in a quality gated community with rich amenities. This 2 full bed and 2 bath condo has a great room layout and split bedrooms along with an individual 1 car garage and about another 100 sq ft of private storage or whatever you desire. Full size laundry is also inside the unit. The massive heated pool and spa in the center of the complex present a community building space to enjoy throughout the year. The workout facility is also robust enough to replace most gym memberships. The location makes all the fun events at Tempe Town Lake, hot spots on and around Mill, and ASU easily accessible by foot, heels, or any wheels. Elevators are also convenient for this 3rd floor place. The Western face also gets good shade with neighboring condos

Last Agent to Sell the Property

Lloyd Fox

1912 Realty Brokerage Phone: 602-418-1153 License #BR529637000 Listed on: 02/10/2023

Last Buyer's Agent

Kerry-Lee Glinski Draizin

eXp Realty License #SA685160000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 2002

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mountain Views
  • 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

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

  • Balcony
  • Two or More Common Walls
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 336
  • Assessor Parcel Number 124-24-151

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (602) 957-9191
  • High-Rise Condominium
  • Regatta Pointe Condominums Subdivision, Split Bedroom Floorplan

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,684

Year Built

Built in 2002

Lot Details

0

HOA Fees

$341 per month

Parking

1

Listing Details

  • Cross Street: Price and Rio Salado Pkwy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 341.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2008
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: Rio Salado East to Lakeside Drive, Lakeside South and winds to gated entry at the end Once inside use elevators to 3rd Floor, 331 is at the West edge of buildings surrounding the pool
  • Master Model: Split Bedroom
  • Attribution Contact: 602-418-1153
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: REGATTA POINTE CONDOMINUMS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 341.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: 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: High Speed Internet, Double Vanity, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 1082.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Neighbor Below, Three Common Walls
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: 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, Community Spa Htd, Community Pool Htd, Community Pool, Fitness Center
  • Association Fee: 341.0
  • Association Fee Frequency: Monthly
  • Association Name: Regata Pointe HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regata Pointe HOA
  • Association Fees:HOA Telephone4: (602) 957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 818.4
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 682.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Management Phone: (602) 957-9191
  • Association Fee Incl:Street Maint: Yes
  • 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, 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: 120.0
  • Parcel #: 124-24-151

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2684.0
  • Tax Book Number: 124.00
  • Tax Lot: 336
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 15, 2023
Sold by
Kebric Family Trust
Bought by
Renninger Daniel J
Seller's Agent
Lloyd Fox
1912 Realty
Buyer's Agent
Kerry-Lee Glinski Draizin
eXp Realty
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
51
Current Estimated Value
$465,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,459
Avg. Annual Appreciation
4.38%
Original Mortgage
$390,000
Outstanding Balance
$379,422
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$86,037

Purchase Details

Closed on
Oct 18, 2019
Sold by
Kebric Bruce H and Kebric Elizabeth P
Bought by
Kebric Bruce and Kebric Elizabeth

Purchase Details

Closed on
Jun 7, 2006
Sold by
Parker Graham B and Parker Priscilla R
Bought by
Kebric Bruce H and Kebric Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,990
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 2003
Sold by
Regatta Pointe Llc
Bought by
Parker Graham B and Parker Priscilla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,190
Interest Rate
5.72%
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
Renninger Daniel J $420,000 First American Title Insurance
Kebric Bruce -- None Available
Kebric Bruce H $349,900 Security Title Agency Inc
Parker Graham B $188,300 Lawyers Title Of Arizona Inc
Regatta Pointe Llc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renninger Daniel J $390,000
Previous Owner Kebric Bruce H $260,550
Previous Owner Kebric Bruce K $34,990
Previous Owner Kebric Bruce H $279,920
Previous Owner Parker Graham B $149,190
Closed Parker Graham B $18,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $420,000 -1.2% $388 / Sq Ft
02/06/2023 02/06/23 For Sale $425,000 -- $393 / 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 $2,448 $25,279 -- --
2024 $2,418 $16,268 -- --
2023 $2,418 $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 $2,026 $16,210 $3,240 $12,970
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Fox

    Seller's Agent in 2023

    Lloyd Fox

    1912 Realty

    (602) 418-1153

    1 in this area

    155 Total Sales

    Section Image
  • Kerry-Lee Glinski Draizin

    Buyer's Agent in 2023

    Kerry-Lee Glinski Draizin

    eXp Realty

    (718) 916-2301

    1 in this area

    21 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6518504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-151

Arizona Maricopa County Tempe 85281 Downtown Tempe

435 W Rio Salado Pkwy Unit 331, Tempe, AZ

This home is located at 435 W Rio Salado Pkwy Unit 331, Tempe, AZ 85281 since 10 February 2023 and is currently estimated at $465,459, approximately $430 per square foot. This property was built in 2002. 435 W Rio Salado Pkwy Unit 331 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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