NOT LISTED FOR SALE

525 W Lakeside Dr Unit 148 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $516,000 - $612,000

2 Beds
2.5 Baths
1,557 Sq Ft
$358/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $519,900 $334 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,649/month

2 Days on Market

Highlights

  • Heated Spa
  • Wood Flooring
  • Dual Vanity Sinks in Primary Bathroom
  • Gated Community
  • Granite Countertops
  • Kitchen Island

About This Home

As of September 2023

One of the best locations in Tempe across from Tempe Town Lake, minutes from ASU, Mill Ave, restaurants, bars, & nightlife. Less than 4 miles from Sky Harbor Airport, & easy access to the I-10 and Loop 202. Spacious 1st floor office (bonus room). Heading up to the 2nd floor you'll see the beautiful wood floors & the modern kitchen with shaker cabinets, sleek dark granite counters, neutral tiled backsplash, & newer stainless steel appliances including an induction range with double ovens, French door refrigerator, built-in microwave & dishwasher. Upstairs there's a spacious owners suite w/newly renovated bathroom w/double sinks, marble counters, modern fixtures, tiled shower & walk-in closet. There is also a guest room, hall bath, & laundry closet. Gated community w/pool, spa & cabanas.

Last Agent to Sell the Property

Jacandra Coleman

Realty ONE Group License #SA636159000 Listed on: 07/26/2023

Co-Listed By

John Prescott

Realty ONE Group License #SA643298000

Last Buyer's Agent

Niko Ehsan

Jason Mitchell Real Estate License #SA691228000

Jason Mitchell Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 2006

Lot Details

  • 679 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,557 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Schools

  • Broadmor Elementary School
  • Geneva Epps Mosley Middle School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 2-4
  • Assessor Parcel Number 124-24-184

Community Details

Overview

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

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,887

Year Built

Built in 2006

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado Parkway & Lakeside Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 415.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2022
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: 525 TOWN LAKE CONDOMINIUM AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 415.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1557.0
  • Stories: 3
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Front
  • Pool Features: Fenced, Heated
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: 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, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • 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, Community Pool Htd, Community Pool
  • Association Fee: 415.0
  • 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: 830.0
  • Association Fees:Disclosure Fees HOA: 255.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Document fee to homewise
  • Association Fee Incl:Common Area Maint3: Yes
  • 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:Garbage Collection2: Yes

Fee Information

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

Schools

  • Elementary School: Broadmor Elementary 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 #: 124-24-184

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2887.0
  • Tax Book Number: 124.00
  • Tax Lot: 2-4
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 11, 2023
Sold by
Jaffe Steven M and Jaffe Shelley
Bought by
Cloud Charlotte J
Seller's Agent
Jacandra Coleman
Realty ONE Group
Buyer's Agent
Niko Ehsan
Jason Mitchell Real Estate
List Price
$519,900
Sold Price
$519,900
Views
40
Current Estimated Value
$557,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,569
Avg. Annual Appreciation
3.33%
Original Mortgage
$300,000
Outstanding Balance
$293,456
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$264,013

Purchase Details

Closed on
Mar 16, 2021
Sold by
Jaffe Steven M and Steven M Jaffe Revocable Trust
Bought by
Jaffe Steven M and Jaffe Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,300
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Jaffe Steven M
Bought by
Jaffe Steven M and Steven M Jaffe Revocable Trust
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
Cloud Charlotte J $519,900 Empower Settlement Services, L
Jaffe Steven M -- None Available
Jaffe Steven M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloud Charlotte J $300,000
Previous Owner Jaffe Steven M $276,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $519,900 0.0% $334 / Sq Ft
07/26/2023 07/26/23 For Sale $519,900 -- $334 / 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 $3,788 $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 $2,847 $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 $2,632 $24,730 $4,940 $19,790
2016 $2,619 $23,780 $4,750 $19,030
2015 $2,534 $23,070 $4,610 $18,460
Source: Public Records

Agents Affiliated with this Home

  • Jacandra Coleman

    Seller's Agent in 2023

    Jacandra Coleman

    Realty One Group

    (508) 596-2414

    1 in this area

    31 Total Sales

    Jacandra Coleman
    Section Image
  • John Prescott

    Seller Co-Listing Agent in 2023

    John Prescott

    Realty One Group

    (480) 788-7653

    1 in this area

    27 Total Sales

    John Prescott
    Section Image

  • N

    Buyer's Agent in 2023

    Niko Ehsan

    Jason Mitchell Real Estate

    (888) 897-7821

    2 in this area

    50 Total Sales

    Niko Ehsan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6584824

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-184

Arizona Maricopa County Tempe 85281 Downtown Tempe

525 W Lakeside Dr Unit 148, 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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