NOT LISTED FOR SALE

525 W Lakeside Dr Unit 128 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $540,664 - $602,000

2 Beds
2.5 Baths
1,603 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $550,000 $343 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,811/month

2 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Eat-In Kitchen
  • Granite Countertops
  • Balcony
  • Double Pane Windows

About This Home

As of September 2024

Be ready for upscale centrally located in the popular area of Tempe Town Lake. The 2 Bed, 2 Bath condo offers a great living space. Open modern kitchen with hard wood floors through out. A 2 car garage with plenty of storage. So close to many activities on Mill Ave and ASU.

Last Agent to Sell the Property

Kenny Klaus

Real Broker License #SA515503000 Listed on: 08/08/2024

Co-Listed By

Richard Milburn

Real Broker License #SA546714000

Last Buyer's Agent

Jasic Walker

Realty Executives Arizona Territory License #SA706984000

Realty Executives Arizona Territory

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 2006

Lot Details

  • 679 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,603 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener

Additional Features

  • ENERGY STAR Qualified Equipment
  • Balcony

Listing and Financial Details

  • Tax Lot 6-8
  • Assessor Parcel Number 124-24-216

Community Details

Overview

  • Association fees include maintenance exterior
  • Tri City Property Ma Association, Phone Number (480) 844-2224
  • Built by PULTE HOMES
  • 525 Town Lake Condominium Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,592

Year Built

Built in 2006

Lot Details

0

HOA Fees

$445 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado Pkwy & Lakeside Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 445.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2023
  • Directions: West from Mill Ave onto Rio Salado, follow round about to the north to Lakeside Dr - West to Address - Unit 128 is located on the south side of the complex.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: realbr016
  • Subdivision Name: 525 TOWN LAKE CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 445.0
  • Windows:Dual Pane: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Full Bth Master Bdrm
  • Living Area: 1603.0
  • Stories: 3
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: 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, ENERGY STAR Qualified Equipment
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd
  • Association Fee: 445.0
  • Association Fee Frequency: Monthly
  • Association Name: 525 Town Lake
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 525 Town Lake
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 280.0
  • Association Fees:HOA Management Company: Tri-City Property Ma
  • Association Fees:HOA Management Phone: 480-844-2224
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior

Schools

  • Elementary School: Scales Technology Academy
  • 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: 679.0
  • Parcel #: 124-24-216

Building Info

  • Builder Name: PULTE HOMES

Tax Info

  • Tax Annual Amount: 3592.0
  • Tax Book Number: 124.00
  • Tax Lot: 6-8
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 9, 2024
Sold by
Semm Robert Allan and Semm Rhonda Vi
Bought by
Patterson Michael
Seller's Agent
Kenny Klaus
Real Broker
Buyer's Agent
Jasic Walker
Realty Executives Arizona Territory
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
195
Current Estimated Value
$574,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,916
Avg. Annual Appreciation
4.53%
Original Mortgage
$440,000
Outstanding Balance
$436,099
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$138,817

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jan 25, 2018
Sold by
Rjc Group Llc
Bought by
Semm Robert Allan and Semm Rhonda Vi
Seller's Agent
Tom Tokoph
Urban Realty & Development, LLC
Buyer's Agent
Aaron Benson
Realty ONE Group
List Price
$339,000
Sold Price
$305,000
Premium/Discount to List
-$34,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$225,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2010
Sold by
Carpenter Reilly
Bought by
Rjc Group Llc
Source: Public Records

Range of Values:

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Average Value
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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
Patterson Michael $550,000 Fidelity National Title Agency
Semm Robert Allan $305,000 Grand Canyon Title Agency
Rjc Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Michael $440,000
Previous Owner Semm Robert Allan $198,500
Previous Owner Semm Robert Allan $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $550,000 0.0% $343 / Sq Ft
08/08/2024 08/08/24 For Sale $549,900 +80.3% $343 / Sq Ft
02/15/2018 02/15/18 Sold $305,000 -7.3% $198 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
11/22/2017 11/22/17 Price Changed $329,000 -2.9% $213 / Sq Ft
10/25/2017 10/25/17 For Sale $339,000 -- $220 / 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 $3,635 $32,454 -- --
2024 $3,592 $30,908 -- --
2023 $3,592 $38,480 $7,690 $30,790
2022 $3,445 $30,460 $6,090 $24,370
2021 $3,469 $28,680 $5,730 $22,950
2020 $3,364 $28,670 $5,730 $22,940
2019 $3,300 $28,630 $5,720 $22,910
2018 $3,218 $28,450 $5,690 $22,760
2017 $3,122 $25,300 $5,060 $20,240
2016 $3,100 $24,350 $4,870 $19,480
2015 $2,978 $23,630 $4,720 $18,910
Source: Public Records

Agents Affiliated with this Home

  • Kenny Klaus

    Seller's Agent in 2024

    Kenny Klaus

    Real Broker

    (480) 354-7344

    2 in this area

    799 Total Sales

    Kenny Klaus
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Richard Milburn

    Real Broker

    (602) 955-6606

    1 in this area

    19 Total Sales

    Richard Milburn
    Section Image

  • J

    Buyer's Agent in 2024

    Jasic Walker

    Realty Executives

    (520) 850-4824

    1 in this area

    28 Total Sales

    Jasic Walker
    Section Image
  • Tom Tokoph

    Seller's Agent in 2018

    Tom Tokoph

    Urban Realty & Development, LLC

    (480) 829-1000

    20 in this area

    28 Total Sales

    Tom Tokoph
    Section Image
  • Aaron Benson

    Buyer's Agent in 2018

    Aaron Benson

    Realty One Group

    (602) 692-6027

    82 Total Sales

    Aaron Benson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6737486

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-216

Arizona Maricopa County Tempe 85281 Downtown Tempe

525 W Lakeside Dr Unit 128, Tempe, AZ

This home is located at 525 W Lakeside Dr Unit 128, Tempe, AZ 85281 since 08 August 2024 and is currently estimated at $574,916, approximately $358 per square foot. This property was built in 2006. 525 W Lakeside Dr Unit 128 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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