NOT LISTED FOR SALE

525 W Lakeside Dr Unit 127 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $487,619 - $598,000

2 Beds
2.5 Baths
1,265 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $280,000 $221 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,532/month

23 Days on Market

Highlights

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

About This Home

As of August 2013

Luxury Tempe Town Lake living with view of lake/pool/green belt in this gorgeous 2 bedroom, 2.5 bathroom in a gated community by Pulte. Kitchen with granite countertops, upgraded GE Profile Stainless Steel appliances, Cherry wood cabinets, microwave/convection oven and a large island. Flooring includes upgraded maple hardwood on each floor; upgraded carpet & both bedrooms. Great room/Master has rofessionally installed surround sound. Bedroom closets/laundry have California Closets installed. Plantation shutters throughout and Casa Blanca ceiling fans. Includes 2 car tandem garage with Apoxy sealed flooring and built in garage cabinets. 2 patios to enjoy your new view! Comes with 2 flat screen TV's. Traditional Sale! Too many upgrades to list!

Last Agent to Sell the Property

Cindy Plachecki

Locality Real Estate License #SA587524000 Listed on: 06/20/2013

Locality Real Estate

Co-Listed By

Tracey Couture

Grace Realty Group, LLC License #BR579005000

Last Buyer's Agent

Cindy Plachecki

Locality Real Estate License #SA587524000 Listed on: 06/20/2013

Locality Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2006

Lot Details

  • 543 Sq Ft Lot
  • End Unit
  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Gated Parking
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,265 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Patio

Location

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

Schools

  • Holdeman Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6-7
  • Assessor Parcel Number 124-24-215

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Brown Management Association, Phone Number (480) 539-1396
  • Built by Pulte
  • 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

$2,000

Year Built

Built in 2006

Lot Details

0

HOA Fees

$310 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado Parkway & Lakeside Dr.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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
  • Directions: Follow Rio Salado Parkway west to entrance at Rio Salado/Lakeside Dr. Turn(south) on Lakeside Dr., go into first gated entrance on right. Visitor parking is on the east side of complex.Building D.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: unbr002
  • Co List Office Phone: 480-539-4775
  • Subdivision Name: 525 Town Lake Condominium
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 310.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1265.0
  • Stories: 3
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Patio
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Tandem, Unassigned, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop, Lake Subdivision, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 310.0
  • 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: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Management
  • Association Fees:HOA Telephone4: (480)539-1396
  • 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_: $
  • Association Fee Incl:Street Maint: Yes
  • 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Holdeman Elementary School
  • 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: 543.0
  • Parcel #: 124-24-215
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Annual Amount: 2000.12
  • Tax Book Number: 124.00
  • Tax Lot: 6-7
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 15, 2013
Sold by
Boerbon Vincent F and The Vincent F Boerbon Trust
Bought by
West Richard F
Seller's Agent
Cindy Plachecki
Locality Real Estate
Buyer's Agent
Cindy Plachecki
Locality Real Estate
List Price
$319,900
Sold Price
$280,000
Premium/Discount to List
-$39,900
-12.47%
Total Days on Market
23
Current Estimated Value
$564,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,655
Avg. Annual Appreciation
6.10%
Original Mortgage
$266,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
Pulte Home Corp
Bought by
Boerbon Vincent F and The Vincent F Boerbon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
West Richard F $280,000 American Title Service Agenc
Boerbon Vincent F $424,718 Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Richard F $246,000
Closed West Richard F $254,000
Closed West Richard F $266,000
Previous Owner Boerbon Vincent F $214,500
Previous Owner Boerbon Vincent F $125,000
Previous Owner Boerbon Vincent F $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $280,000 -8.2% $221 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
07/13/2013 07/13/13 Price Changed $304,900 -4.7% $241 / Sq Ft
06/20/2013 06/20/13 For Sale $319,900 0.0% $253 / Sq Ft
08/10/2012 08/10/12 Rented $1,595 0.0% --
07/19/2012 07/19/12 Under Contract -- -- --
07/10/2012 07/10/12 For Rent $1,595 -- --
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 $2,697 $27,844 -- --
2024 $2,664 $26,518 -- --
2023 $2,664 $35,170 $7,030 $28,140
2022 $2,544 $30,270 $6,050 $24,220
2021 $2,594 $28,360 $5,670 $22,690
2020 $2,508 $27,610 $5,520 $22,090
2019 $2,460 $25,280 $5,050 $20,230
2018 $2,393 $25,050 $5,010 $20,040
2017 $2,319 $22,050 $4,410 $17,640
2016 $2,308 $21,070 $4,210 $16,860
2015 $2,232 $20,320 $4,060 $16,260
Source: Public Records

Agents Affiliated with this Home

  • Cindy Plachecki

    Seller's Agent in 2013

    Cindy Plachecki

    Locality Real Estate

    (602) 738-9837

    Section Image
  • Tracey Couture

    Seller Co-Listing Agent in 2013

    Tracey Couture

    Grace Realty Group, LLC

    (480) 242-4068

    25 Total Sales

    Tracey Couture
    Section Image
  • Aaron Couch

    Seller's Agent in 2012

    Aaron Couch

    CPMS, Inc.

    (480) 755-0926

    1 in this area

    20 Total Sales

    Aaron Couch
    Section Image

  • K

    Buyer's Agent in 2012

    Kamberly Stoltz

    DPR Realty

    (480) 926-2727

    59 Total Sales

    Kamberly Stoltz
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4955290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-215

Arizona Maricopa County Tempe 85281 Downtown Tempe

525 W Lakeside Dr Unit 127, Tempe, AZ

This home is located at 525 W Lakeside Dr Unit 127, Tempe, AZ 85281 since 20 June 2013 and is currently estimated at $564,655, approximately $446 per square foot. This property was built in 2006. 525 W Lakeside Dr Unit 127 is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

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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