NOT LISTED FOR SALE

Estimated Value: $561,480 - $693,000

2 Beds
2.5 Baths
1,735 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $350,000 $202 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,572/month

14 Days on Market

Highlights

  • Heated Spa
  • Mountain View
  • Contemporary Architecture
  • Gated Community
  • Community Lake
  • Property is near public transit

About This Home

As of July 2017

**RARE Hard-to-find live & work abode**Calling all Small Business owner’s! Here is your opportunity to run your biz on the 1st floor with 1st St access and on street parking! Has ADA compliant bath at office level. Located in the heart of Tempe/Rio Salado corridor! Office space could be 3rd bedroom, main living open to kitchen & balcony. Kitchen has upgraded maple cabinets with granite slab counter tops, 2 car tandem garage, master suite upstairs with 2nd bedroom loft w/ closet at top of stairs, hand-hewned hard wood floors! Spacious 3rd level deck/patio. Lush HOA pool & ramada areas.

Last Agent to Sell the Property

Randy Courtney

Weichert, Realtors - Courtney Valleywide License #BR008293000 Listed on: 05/19/2017

Weichert, Realtors - Courtney Valleywide

Last Buyer's Agent

Padmaja Narla

Lotus Real Estate License #SA668585000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 2006

Lot Details

  • 952 Sq Ft Lot
  • Two or More Common Walls
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Tandem Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,735 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Patio

Location

  • 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
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9-4
  • Assessor Parcel Number 124-24-236

Community Details

Overview

  • Property has a Home Owners Association
  • Tri City Management Association, Phone Number (480) 844-2224
  • Built by Pulte Homes
  • 525 Town Lake Condominium Subdivision
  • Community Lake

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,318

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Hardy Dr & 1st St
  • 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: 335.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2016
  • Directions: W on 1st St to property* Unit 104 is on the East side of the driveway.
  • Attribution Contact: 480-705-9600
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Subdivision Name: 525 TOWN LAKE CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 335.0
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Drink Wtr Filter Sys, Fire Sprinklers, Kitchen Island, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1735.0
  • Stories: 3
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Patio, Private Street(s)
  • Lot Features: Grass Front
  • Pool Features: Community, Heated, None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Painted, Stucco, Brick, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Tandem
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included, Upper Level
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Lake Subdivision, Pool, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Tri City Management
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tri City Management
  • Association Fees:HOA Telephone4: 480-844-2224
  • 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_: $

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: 952.0
  • Parcel #: 124-24-236
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 3318.0
  • Tax Book Number: 124.00
  • Tax Lot: 9-4
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Narla Family Trust and Narla Pavan K
Bought by
522 1St St Llc
Current Estimated Value
$616,370

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 26, 2017
Sold by
Huggins Maryann Doyle
Bought by
Narla Pavan Kumar
Seller's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Padmaja Narla
Lotus Real Estate
List Price
$357,900
Sold Price
$350,000
Premium/Discount to List
-$7,900
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$280,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2016
Closed on
Dec 28, 2016
Sold by
Patrick G Gann Attorney At Law
Bought by
Doyle Huggins Maryann
Seller's Agent
Dain Adelmann
HomeSmart
Buyer's Agent
Tina Eaton
My Home Group Real Estate
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%

Purchase Details

Listed on
Dec 18, 2012
Closed on
May 24, 2013
Sold by
Gaffney John H
Bought by
Gann Patrick G
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Rosanne Cromer
Keller Williams Legacy One
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$289,656
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2007
Sold by
Pulte Home Corp
Bought by
Gaffney John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,990
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
522 1St St Llc -- --
Narla Pavan Kumar $350,000 Clear Title Agency Of Arizon
Doyle Huggins Maryann $325,000 Old Republic Title Agency
Gann Patrick G $310,000 Security Title Agency
Gaffney John H $509,990 Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Narla Pavan Kumar $181,000
Previous Owner Narla Pavan Kumar $260,000
Previous Owner Narla Pavan Kumar $265,000
Previous Owner Narla Pavan Kumar $280,000
Previous Owner Gann Patrick G $289,656
Previous Owner Gaffney John H $309,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $350,000 -2.2% $202 / Sq Ft
05/19/2017 05/19/17 For Sale $357,900 +10.1% $206 / Sq Ft
12/29/2016 12/29/16 Sold $325,000 -1.2% $187 / Sq Ft
10/07/2016 10/07/16 For Sale $329,000 +6.1% $190 / Sq Ft
05/31/2013 05/31/13 Sold $310,000 -11.4% $179 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $350,000 0.0% $202 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $350,000 -- $202 / 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 $3,802 $38,320 -- --
2024 $3,776 $36,699 -- --
2023 $3,776 $43,013 $8,596 $34,417
2022 $3,629 $37,311 $7,456 $29,855
2021 $3,728 $35,455 $7,091 $28,364
2020 $3,605 $33,822 $6,762 $27,060
2019 $3,536 $33,012 $6,598 $26,414
2018 $3,442 $33,132 $6,620 $26,512
2017 $3,336 $29,712 $5,940 $23,772
2016 $3,318 $28,441 $5,688 $22,753
2015 $3,207 $27,914 $5,576 $22,338
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5608177

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-236