$230,000
SOLD FEB 26, 2015

435 W Rio Salado Pkwy Unit 335 Tempe, AZ 85281

Downtown Tempe Neighborhood
2 Beds
2 Baths
1,082 Sq Ft
$270/mo HOA Fee

Recently Sold

$213 Per Sq Ft

16% Below List Price

70 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Community Lake
  • Gated Parking
  • Mountain View
  • Clubhouse

About This Home

As of February 2015

Motivated Seller! This adorable two bedroom, updated, move-in-ready luxury condo is in the highly sought after Regatta Pointe development. Updates include rich pergo flooring, new carpet and fresh paint throughout. Community amenities include a clubhouse, a fitness center, pool, spa, and BBQ area. Regatta Pointe is close to Arizona State University, Tempe Town Lake, the Mill Avenue entertainment district and a short walk from Tempe Center for the Arts. This location also provides easy access to the 101, 202, light rail, Sky Harbor Airport and spring training baseball.

Last Agent to Sell the Property

Polly Mitchell

Polly Mitchell Global Realty License #BR546144000 Listed on: 11/19/2014

Last Buyer's Agent

Christine Anthony

Russ Lyon Sotheby's International Realty License #SA631831000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 2002

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,082 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Mountain Views
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • 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

  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 332
  • Assessor Parcel Number 124-24-147

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, trash, water, roof replacement, maintenance exterior
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by Custom
  • Regatta Pointe Condominiums Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,244

Year Built

Built in 2002

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Cross Street: Priest & Rio Salado Parkway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • 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
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2014
  • Directions: East on Rio Salado Parkway to Lakeside Drive. Rt. then east to 435 - last complex on south side. Park in visitor parking & take first door on the rt. to the stairway or elevator. Unit on 3rd floor
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: Regatta Pointe Condominiums
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 270.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1082.0
  • Stories: 3
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: 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
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Gated Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Lake Subdivision, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: Regatta Point
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta Point
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 648.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602-957-9191
  • 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, 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: 117.0
  • Parcel #: 124-24-147
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2243.88
  • Tax Book Number: 124.00
  • Tax Lot: 332
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Mar 2, 2022
Sold by
Tsu Chao Chung
Bought by
Chao Chung Tsu and Kendrick Terrence
Seller's Agent
Mario Montoya
480 Realty & Property Management
Buyer's Agent
Mario Montoya
480 Realty & Property Management
Sold Price
$2,100
Current Estimated Value
$461,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,432
Original Mortgage
$166,000
Outstanding Balance
$156,154
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$315,013

Purchase Details

Listed on
Nov 19, 2014
Closed on
Feb 19, 2015
Sold by
Ichiyasu Clifford Tad
Bought by
Chao Chune Tsu
Seller's Agent
Polly Mitchell
Polly Mitchell Global Realty
Buyer's Agent
Christine Anthony
Russ Lyon Sotheby's International Realty
List Price
$274,900
Sold Price
$230,000
Premium/Discount to List
-$44,900
-16.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$184,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Ichiyasu Clifford and Tsuyoko Ichiyasu Family Trust
Bought by
Ichiyasu Clifford Tad

Purchase Details

Closed on
Feb 13, 2007
Sold by
Cubi Alessandro
Bought by
Ichiyasu Clifford and Tsuyuko Ichiyasu Family Trust

Purchase Details

Closed on
Mar 25, 2005
Sold by
Sofyar Randy and Sofyar Sekartini
Bought by
Cubi Alessandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2003
Sold by
Regatta Pointe Llc
Bought by
Sofyar Sekartini and Sofyar Randy

Purchase Details

Closed on
Feb 6, 2002
Sold by
Picerne Rio Salado Llc
Bought by
Regatta Pointe Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Warranty Deed $230,000 Equity Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $350,000 Westland Title Agency Of Az
Warranty Deed $250,000 First American Title Ins Co
Cash Sale Deed $197,130 Lawyers Title Of Arizona Inc
Warranty Deed -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,000 New Conventional
Previous Owner $184,000 New Conventional
Previous Owner $175,000 New Conventional
Closed $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Rented $2,050 0.0% --
07/08/2024 07/08/24 Under Contract -- -- --
06/18/2024 06/18/24 Price Changed $2,050 -6.6% $2 / Sq Ft
06/15/2024 06/15/24 For Rent $2,195 0.0% --
05/05/2023 05/05/23 Rented $2,195 0.0% --
04/26/2023 04/26/23 Under Contract -- -- --
03/23/2023 03/23/23 For Rent $2,195 0.0% --
03/20/2023 03/20/23 Under Contract -- -- --
02/28/2023 02/28/23 For Rent $2,195 +4.5% --
03/18/2022 03/18/22 Rented $2,100 0.0% --
03/04/2022 03/04/22 Under Contract -- -- --
02/24/2022 02/24/22 Price Changed $2,100 -4.5% $2 / Sq Ft
02/22/2022 02/22/22 For Rent $2,200 0.0% --
02/22/2022 02/22/22 Price Changed $2,200 +10.0% $2 / Sq Ft
12/10/2021 12/10/21 Off Market $2,000 -- --
12/06/2021 12/06/21 For Rent $2,000 0.0% --
02/26/2015 02/26/15 Sold $230,000 -8.0% $213 / Sq Ft
02/23/2015 02/23/15 Price Changed $250,000 0.0% $231 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/20/2015 01/20/15 Price Changed $250,000 -3.8% $231 / Sq Ft
01/09/2015 01/09/15 Price Changed $260,000 -1.5% $240 / Sq Ft
01/01/2015 01/01/15 Price Changed $263,900 -1.3% $244 / Sq Ft
12/04/2014 12/04/14 Price Changed $267,500 -2.7% $247 / Sq Ft
11/19/2014 11/19/14 For Sale $274,900 0.0% $254 / Sq Ft
07/05/2013 07/05/13 Rented $1,200 0.0% --
06/19/2013 06/19/13 Under Contract -- -- --
06/13/2013 06/13/13 For Rent $1,200 +4.3% --
07/01/2012 07/01/12 Rented $1,150 0.0% --
06/15/2012 06/15/12 Under Contract -- -- --
06/07/2012 06/07/12 For Rent $1,150 -- --
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 $2,117 $18,902 -- --
2024 $2,798 $18,002 -- --
2023 $2,798 $28,170 $5,630 $22,540
2022 $2,684 $24,370 $4,870 $19,500
2021 $2,355 $22,210 $4,440 $17,770
2020 $2,277 $21,560 $4,310 $17,250
2019 $2,233 $19,730 $3,940 $15,790
2018 $2,173 $20,070 $4,010 $16,060
2017 $2,105 $18,660 $3,730 $14,930
2016 $2,095 $17,430 $3,480 $13,950
2015 $2,026 $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: 5201823

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-147