NOT LISTED FOR SALE

525 W Lakeside Dr Unit 110 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $540,324 - $641,000

3 Beds
2.5 Baths
1,544 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $287,500 $186 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,412/month

64 Days on Market

Highlights

  • Heated Spa
  • Property is near public transit
  • Granite Countertops
  • Gated Community
  • Wood Flooring
  • Balcony

About This Home

As of September 2013

Fabulous location across from Tempe Center for the Arts and Tempe Town Lake just minutes from Mill Avenue and ASU, this newly constructed property features a modern look, fine finishes and a 2 car garage in a gated community. Wood floors, granite counters and stainless steel appliances are just some of the upgrades this property features. The smaller 3rd bedroom is on the first floor and makes an ideal den or study. The community offers a beautiful pool, spa and grassy area with bbq, outdoor shower and cabanas.

Last Agent to Sell the Property

Tim Cusick

Homelogic Real Estate License #BR043285000 Listed on: 05/27/2013

Co-Listed By

Danny Kallay

Compass License #SA512397000

Last Buyer's Agent

Lester Cox

Real Broker License #BR003967000

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2006

Lot Details

  • 679 Sq Ft Lot
  • Wrought Iron Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Tile Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,544 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 4-2
  • Assessor Parcel Number 124-24-198

Community Details

Overview

  • Property has a Home Owners Association
  • Brown Management Association, Phone Number (480) 539-1396
  • Built by Pulte
  • 525 Town Lake Condominium Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,563

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Mill and Rio Salado
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 310.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2006
  • Tax Year: 2012
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: lfox02
  • Co List Office Phone: 480-516-0555
  • Subdivision Name: 525 Town Lake Condominium
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 310.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Wood
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1544.0
  • Stories: 3
  • Window Features: Double Pane 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
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Pool Features: Community, Heated, Fenced, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Metal
  • Roof: Tile
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Brown Management
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 450.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Management
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 620.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

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: 679.0
  • Parcel #: 124-24-198
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Annual Amount: 2563.0
  • Tax Book Number: 124.00
  • Tax Lot: 4-2
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2020
Sold by
Eilerman Karen A and Eilerman Karen
Bought by
Eilerman Daniel M and Eilerman Karen A
Current Estimated Value
$598,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,636
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2013
Closed on
Sep 13, 2013
Sold by
Zinx Holdings Llc
Bought by
Eilerman Karen
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Lester Cox
Real Broker
List Price
$299,900
Sold Price
$287,500
Premium/Discount to List
-$12,400
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$258,750
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2013
Closed on
Sep 11, 2013
Sold by
Kay Jeffrey S and Kay Deborah L
Bought by
Zinx Holdings Llc
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Lester Cox
Real Broker
List Price
$299,900
Sold Price
$287,500
Premium/Discount to List
-$12,400
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2012
Sold by
Kay Jeffrey S and Kay Deborah L
Bought by
Zinx Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,600
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2012
Sold by
Zinx Holdings Llc
Bought by
Kay Jeffrey S and Kay Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,600
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Kay Jeffrey S
Bought by
Zinx Holdings Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Kay Deborah L
Bought by
Kay Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,992
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eilerman Daniel M -- None Listed On Document
Eilerman Karen $287,500 Fidelity National Title Agen
Zinx Holdings Llc -- Fidelity National Title Agen
Zinx Holdings Llc -- None Available
Kay Jeffrey S -- Title Source
Zinx Holdings Llc -- None Available
Kay Jeffrey S -- Sun Title Agency Co
Kay Jeffrey S $409,990 Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eilerman Daniel M $239,636
Previous Owner Eilerman Karen $258,750
Previous Owner Kay Jeffrey S $246,600
Previous Owner Kay Jeffrey S $327,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $287,500 -4.1% $186 / Sq Ft
08/09/2013 08/09/13 For Sale $299,900 0.0% $194 / Sq Ft
07/27/2013 07/27/13 Pending -- -- --
07/10/2013 07/10/13 Price Changed $299,900 -7.7% $194 / Sq Ft
05/24/2013 05/24/13 For Sale $325,000 -- $210 / 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 $3,383 $32,454 -- --
2024 $3,104 $30,908 -- --
2023 $3,104 $38,480 $7,690 $30,790
2022 $2,965 $30,460 $6,090 $24,370
2021 $3,023 $28,680 $5,730 $22,950
2020 $2,923 $28,670 $5,730 $22,940
2019 $2,867 $28,630 $5,720 $22,910
2018 $2,789 $28,450 $5,690 $22,760
2017 $2,703 $25,300 $5,060 $20,240
2016 $2,690 $24,350 $4,870 $19,480
2015 $2,601 $23,630 $4,720 $18,910
Source: Public Records

Agents Affiliated with this Home

  • Tim Cusick

    Seller's Agent in 2013

    Tim Cusick

    Homelogic Real Estate

    (602) 790-7966

    2 in this area

    338 Total Sales

    Tim Cusick
    Section Image
  • Danny Kallay

    Seller Co-Listing Agent in 2013

    Danny Kallay

    Compass

    (480) 694-8571

    1 in this area

    2,038 Total Sales

    Danny Kallay
    Section Image
  • Lester Cox

    Buyer's Agent in 2013

    Lester Cox

    Real Broker

    (480) 726-0400

    16 Total Sales

    Lester Cox
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4942944

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-198

Arizona Maricopa County Tempe 85281 Downtown Tempe

525 W Lakeside Dr Unit 110, Tempe, AZ

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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