$550,000
$25K PRICE DROP

525 W Lakeside Dr Unit 140 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated payment $3,586/month

Total Views 2,599
2 Beds
2.5 Baths
1,557 Sq Ft
$353 Price per Sq Ft

Highlights

  • Gated Community
  • Furnished
  • Heated Community Pool
  • Wood Flooring
  • Granite Countertops
  • Balcony

About This Home

Hurry to this rare opportunity to live your vacation every day in a charming, resort-style community in the heart of Tempe. This beautifully maintained poolside home offers 2 spacious bedrooms, 2.5 baths, plus a versatile den/office. Inside, enjoy 9' ceilings, 20'' tile floors downstairs, wood and tile upstairs—no carpet! The chef's kitchen features a center island, sleek granite and quartz counters, maple cabinetry, stainless appliances, and under-cabinet lighting. Upgraded lighting, ceiling fans, and pre-wired surround sound add style throughout. A private 2-car garage provides convenience. Ideally located near Tempe Town Lake, parks, trails, Tempe Center for the Arts, ASU, Sky Harbor, dining, and entertainment. Homes here rarely hit the market—don't miss this one!

Listing Agent

David Oesterle

RE/MAX Excalibur License #SA112304000 Listed on: 09/12/2025

RE/MAX Excalibur

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 2006

Lot Details

  • 679 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Tandem Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,557 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 3-4
  • Assessor Parcel Number 124-24-192

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Tri City Prop Manage Association, Phone Number (480) 844-2224
  • Built by Pulte Homes
  • 525 Town Lake Condominium Amd Subdivision

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,295

Year Built

Built in 2006

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Cross Street: Mill / Rio Salado
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 490.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2024
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: 525 TOWN LAKE CONDOMINIUM AMD
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 353.24
  • Association Fees:HOA Fee2: 490.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1557.0
  • Stories: 3
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: North/South Exposure
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Roof: Built-Up, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Near Bus Stop, Biking/Walking Path
  • Association Fee: 490.0
  • 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: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:Prepaid Association Fees HOA: 980.0
  • Association Fees:Disclosure Fees HOA: 255.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Doc prep
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri-City Prop Manage
  • Association Fees:HOA Management Phone: 480-844-2224
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, 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 #: 124-24-192

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2295.0
  • Tax Book Number: 124.00
  • Tax Lot: 3-4
  • Tax Map Number: 24.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,471 $31,607 -- --
2024 $3,023 $30,102 -- --
2023 $3,023 $37,960 $7,590 $30,370
2022 $2,887 $30,020 $6,000 $24,020
2021 $2,944 $28,260 $5,650 $22,610
2020 $3,276 $28,210 $5,640 $22,570
2019 $2,792 $28,070 $5,610 $22,460
2018 $2,717 $27,860 $5,570 $22,290
2017 $3,041 $24,730 $4,940 $19,790
2016 $3,019 $23,780 $4,750 $19,030
2015 $2,900 $23,070 $4,610 $18,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Price Changed $550,000 -4.3% $353 / Sq Ft
09/12/2025 09/12/25 For Sale $575,000 +35.3% $369 / Sq Ft
06/25/2025 06/25/25 Off Market $425,000 -- --
05/27/2021 05/27/21 Sold $425,000 -7.0% $274 / Sq Ft View Prior Sale
03/22/2021 03/22/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $457,000 +43.9% $295 / Sq Ft
06/26/2018 06/26/18 Sold $317,500 -0.8% $213 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $319,900 -- $214 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Equitable Title Agency
Warranty Deed $317,500 Equitable Title Agency Llc
Corporate Deed $409,990 Sun Title Agency Co
Corporate Deed $359,990 Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 VA
Previous Owner $310,150 VA
Previous Owner $259,990 New Conventional
Previous Owner $287,992 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6918253

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-192

Arizona Maricopa County Tempe 85281 Downtown Tempe

525 W Lakeside Dr Unit 140, Tempe, AZ

For Sale

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

Nearby Homes
David Oesterle
Listing Agent
David Oesterle
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RE/MAX Excalibur
(602) 641-5784