522 W 1st St Unit 107 Tempe, AZ 85281
Downtown Tempe Neighborhood
2
Beds
2.5
Baths
1,735
Sq Ft
$365/mo
HOA Fee
Highlights
- Gated Parking
- Community Lake
- Granite Countertops
- Gated Community
- Wood Flooring
- Heated Community Pool
About This Home
As of November 2021Welcome to one of only seven work-live townhomes in the gated 525 Town Lake Community! Located just minutes from ASU and across from Tempe Lake, these unique townhomes don't come on the market often – this townhome being only the second owner since new! Stepping into this extensively renovated 2 bedroom + office, 2.5 bath end-unit, you will be welcomed by an open, spacious floor plan with four balconies. Your street-front business, home office or den with custom shelving and motorized blinds offers a separate entrance, ADA half-bath, spacious foyer, and direct garage access. The 2nd floor features a large, open kitchen, dining and living room with custom finishes found in high-end, luxury homes. These upgrades include an oversized breakfast island, quartz countertops, Moen faucets with built-in drinking faucet, giant farm sink, ample cabinet space, and crisp white cabinetry. Enjoy your new stainless-steel stove, microwave, and dishwasher, installed August 2021. Reclaimed wood accents the kitchen wall, island, windows, and ceiling. The living room features a New York style loft brick wall, giant wood beam window headers, antique bronze staircase, and new ceiling fans. Entertain on the large balcony, with views of beautiful, manicured trees. The 3rd floor features two bedrooms, each with private balconies. The luxurious master bedroom offers a giant, wall-to-wall custom closet, custom drapery, walk-in rainfall shower with bench, pebble river stones, Hansgrohe fixtures, and high-end Toto toilet. The guest bedroom offers custom wood beams, a 10.5 ft high closet/shelving, and The Shade Store designer drapery, converting your guest bedroom to an open loft. The guest bath features floor to ceiling subway tiles, high-end Delta fixtures and a Toto toilet. Laundry is conveniently located on the 3rd floor with a custom closet, drapery, and modern washer/dryer included. The entire home has been converted to LED lighting, with a tankless hot water, and water softener, Nest thermostats, and high-end alarm system with doorbell camera. Enjoy the convenience of your oversized two car garage complete with custom shelving, rubber flooring for your home gym, workshop, or 2nd car, and new, wall-mounted garage door opener. Your new community has some amazing features such as a sparkling pool and spa, grass areas with cabanas, and an outdoor BBQ perfect for some fun family and friend get-togethers! You will appreciate the short walk to all your new favorite places such as the Rio Salado Park, Tempe Town Lake, Whole Foods, Culinary Dropout, numerous restaurants, and easy access to the Loop 202 freeway! This luxury townhome has it all - don't miss out on the incredible opportunity to call this custom, work-live home your very own! Schedule your showings today!
Last Agent to Sell the Property
My Home Group Real Estate License #SA579470000 Listed on: 09/15/2021
Co-Listed By
Christina Kurtz
My Home Group Real Estate License #SA675797000
Last Buyer's Agent
Jason Mitchell
Jason Mitchell Real Estate License #SA575892000
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,728
Year Built
- Built in 2006
Lot Details
- 952 Sq Ft Lot
- Desert faces the front of the property
- Two or More Common Walls
- Wrought Iron Fence
HOA Fees
- $365 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Tandem Garage
- Garage Door Opener
- Gated Parking
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Built-Up Roof
- Stucco
Interior Spaces
- 1,735 Sq Ft Home
- 3-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2.5 Bathrooms
Outdoor Features
- Balcony
Schools
- Broadmor Elementary School
- Geneva Epps Mosley Middle School
- Tempe High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 9-7
- Assessor Parcel Number 124-24-239
Community Details
Overview
- Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
- Tri City Prop. Mgmt. Association, Phone Number (480) 844-2224
- Built by Pulte Homes
- 525 Town Lake Condominium Amd Subdivision
- Community Lake
Recreation
- Heated Community Pool
- Community Spa
- Bike Trail
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2021
Closed on
Nov 12, 2021
Sold by
Wright Darren
Bought by
Moulinet Marc and Moulinet Nikki
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Jason Mitchell
Jason Mitchell Real Estate
List Price
$549,000
Sold Price
$555,000
Premium/Discount to List
$6,000
1.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,943
Avg. Annual Appreciation
3.06%
Original Mortgage
$490,500
Outstanding Balance
$452,281
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$169,662
Purchase Details
Listed on
Aug 25, 2016
Closed on
Nov 28, 2017
Sold by
Spears Rita L
Bought by
Wright Darren
Seller's Agent
Nick Bastian
Realty Executives Arizona Territory
Buyer's Agent
Thomas Mulligan
Platinum Peak Realty, LLC
List Price
$345,000
Sold Price
$330,500
Premium/Discount to List
-$14,500
-4.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Purchase Details
Closed on
Mar 13, 2007
Sold by
Pulte Home Corp
Bought by
Spears Rita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.29%
Mortgage Type
New Conventional
Similar Homes in Tempe, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $555,000 | None Available | |
| Warranty Deed | $330,500 | Grand Canyon Title Agency | |
| Corporate Deed | $492,247 | Sun Title Agency Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,500 | New Conventional | |
| Previous Owner | $367,350 | New Conventional | |
| Previous Owner | $393,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Off Market | $555,000 | -- | -- |
| 11/17/2021 11/17/21 | Sold | $555,000 | +1.1% | $320 / Sq Ft |
| 09/15/2021 09/15/21 | For Sale | $549,000 | +66.1% | $316 / Sq Ft |
| 12/08/2017 12/08/17 | Sold | $330,500 | -2.8% | $190 / Sq Ft |
| 11/14/2017 11/14/17 | Pending | -- | -- | -- |
| 09/26/2017 09/26/17 | Price Changed | $340,000 | -1.4% | $196 / Sq Ft |
| 09/15/2017 09/15/17 | For Sale | $345,000 | 0.0% | $199 / Sq Ft |
| 09/01/2017 09/01/17 | Pending | -- | -- | -- |
| 08/19/2017 08/19/17 | Price Changed | $345,000 | -1.4% | $199 / Sq Ft |
| 06/14/2017 06/14/17 | Price Changed | $350,000 | -2.8% | $202 / Sq Ft |
| 03/23/2017 03/23/17 | Price Changed | $360,000 | -2.4% | $207 / Sq Ft |
| 02/24/2017 02/24/17 | Price Changed | $369,000 | -2.9% | $213 / Sq Ft |
| 02/07/2017 02/07/17 | For Sale | $380,000 | 0.0% | $219 / Sq Ft |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- |
| 08/25/2016 08/25/16 | For Sale | $380,000 | -- | $219 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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
-
George Laughton
Seller's Agent in 2021
George Laughton
My Home Group Real Estate
(623) 462-3017
1 in this area
3,000 Total Sales
-
C
Seller Co-Listing Agent in 2021
Christina Kurtz
My Home Group
-
J
Buyer's Agent in 2021
Jason Mitchell
Jason Mitchell Real Estate
-
Kristoffer Slack
Buyer Co-Listing Agent in 2021
Kristoffer Slack
Jason Mitchell Real Estate
(520) 237-3000
2 in this area
115 Total Sales
-
Nick Bastian
Seller's Agent in 2017
Nick Bastian
Realty Executives
(602) 803-6425
6 in this area
135 Total Sales
-
Thomas Mulligan
Buyer's Agent in 2017
Thomas Mulligan
Platinum Peak Realty, LLC
(480) 862-9995
35 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6293630
APN: 124-24-239
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.
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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