NOT LISTED FOR SALE

525 W Lakeside Dr Unit 109 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $468,000 - $579,000

2 Beds
2.5 Baths
1,336 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $200,000 $150 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $3,163/month

Highlights

  • Gated Community
  • Community Lake
  • Property is near public transit
  • Mountain View
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2020

Enjoy views of Tempe Town Lake in this 2 bedroom, 2 1/2 bathroom condominiums at the hip ''525 Town Lake'' gated community by Pulte. Located in the heart of downtown Tempe within minutes of Mill Avenue, next to Tempe Center for the Arts, Tempe Town Lake & close to ASU. Equipped with Stainless Steel appliances and a washer & dryer, this home has warm harwood floors throughout. Pre-wired for surround sound in the Living Room. Includes a tandum 2 car garage as well as numerous patios that boast views of Tempe Town Lake! Residents enjoy a swimming pool and grass area with cabanas, jacuzzi, bbq & an outdoor bathroom with shower.

Last Agent to Rent the Property

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 10/12/2020

Last Renter's Agent

Tom Tokoph

Urban Realty & Development, LLC Brokerage Phone: 602-549-9000 License #BR114305000 Listed on: 10/12/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 2006

Lot Details

  • 543 Sq Ft Lot
  • 1 Common Wall
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

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

Interior Spaces

  • 1,336 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy Campus High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 11/1/20
  • $100 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 4-1
  • Assessor Parcel Number 124-24-197

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,119

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2020-11-01

Listing Details

  • Cross Street: Rio Salado Parkway & Lakeside Drive
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Rental Info H O A Name: Tri-City Community
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Initial Move In Costs Admin Fee: 100.0
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From Rio Salado Parkway and Mill Avenue take Rio Salado Parkway West to Lakeside drive. Take Left at Lakeside drive. The gated 525 Town Lake community will be on the right.
  • Attribution Contact: 602-549-9000
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: 525 TOWN LAKE CONDOMINIUM AMD
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1336.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in BBQ, Balcony, Private Street(s)
  • Lot Features: Grass Front
  • View: Mountain(s)
  • Disclosures: None
  • Common Walls: 1 Common Wall
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Built-in BBQ2: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Tandem Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Association Name: Tri-City Community
  • Phone: 480-844-2224
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy Campus
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 543.0
  • Parcel #: 124-24-197

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 4-1
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Bb1 Az Rental Llc
Bought by
Jerry Gin And Stacey Gin Family Trust and Gin
Total Days on Market
15
Current Estimated Value
$525,681

Purchase Details

Closed on
Oct 18, 2021
Sold by
Bogard Brian F
Bought by
Bbi Az Rental Llc

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jul 3, 2012
Sold by
Bogard Naoko W
Bought by
Bogard Brian F
Seller's Agent
Lisa Kuntze
HomeSmart
Buyer's Agent
Kari Gutierrez
HomeSmart
List Price
$187,000
Sold Price
$200,000
Premium/Discount to List
$13,000
6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$190,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Pulte Home Corp
Bought by
Yates Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,992
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2006
Sold by
Yates Steven Jonathan
Bought by
Yates Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,992
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jerry Gin And Stacey Gin Family Trust $465,000 Old Republic Title Agency
Bbi Az Rental Llc -- None Available
Bogard Brian F -- Empire West Title Agency
Bogard Brian F $200,000 Empire West Title Agency
Yates Jennifer H $399,990 Sun Title Agency Co
Yates Jennifer H -- Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bogard Brian F $192,000
Previous Owner Bogard Brian F $190,000
Previous Owner Yates Jennifer H $320,000
Previous Owner Yates Jennifer H $319,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Rented $1,895 0.0% --
10/27/2020 10/27/20 Under Contract -- -- --
10/12/2020 10/12/20 For Rent $1,895 0.0% --
07/06/2012 07/06/12 Sold $200,000 +7.0% $158 / Sq Ft
03/06/2012 03/06/12 For Sale $187,000 -- $148 / 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 $3,119 $27,844 -- --
2024 $3,082 $26,518 -- --
2023 $3,082 $35,170 $7,030 $28,140
2022 $2,956 $30,270 $6,050 $24,220
2021 $2,976 $28,360 $5,670 $22,690
2020 $2,886 $27,610 $5,520 $22,090
2019 $2,831 $25,280 $5,050 $20,230
2018 $2,761 $25,050 $5,010 $20,040
2017 $2,679 $22,050 $4,410 $17,640
2016 $2,660 $21,070 $4,210 $16,860
2015 $2,555 $20,320 $4,060 $16,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6145648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-197