$575,000
$15K PRICE DROP

Estimated payment $3,806/month

Total Views 2,244
2 Beds
2.5 Baths
1,557 Sq Ft
$369 Price per Sq Ft

Highlights

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

About This Home

Welcome to 526 W 1st St, Suite 106 - a rare opportunity to own a versatile space in the heart of Tempe's most vibrant district! PERFECTLY located just west of Mill Ave and minutes from ASU, Tempe Town Lake (across the street) as well as the light rail - this property offers unmatched visibility and convenience for the owner! An added bonus - the resort-style community! Staying home or visiting many of the nearby attractions - the options are endless! Enter this modern home via the ground floor (which also boats a tandem, 2 car garage) that features an open layout - whether you are looking for a creative studio, office or den - flexibility abounds! The main level features warm hardwood floors, a chef's kitchen with stainless appliances and granite counters, a half bath as well as balcony overlooking the community. The top floor features both bedrooms and two full bathrooms. The community features a gorgeous fenced pool with cabanas, jacuzzi, barbeque and an outdoor bathroom with shower. A vacation destination that is only steps away from your unit! Get this stunning unit before its gone!

Listing Agent

Kaushik Sirkar

Real Broker License #SA576480000 Listed on: 11/06/2025

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,540

Year Built

  • Built in 2006

Lot Details

  • 679 Sq Ft Lot
  • Two or More Common Walls
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

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

Schools

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

Utilities

  • Cooling System Updated in 2023
  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Balcony

Listing and Financial Details

  • Tax Lot 8-6
  • Assessor Parcel Number 124-24-230

Community Details

Overview

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

Recreation

  • Community Cabanas
  • Heated Community Pool
  • Fenced Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,540

Year Built

Built in 2006

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado/Mill
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 490.0
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2023
  • 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
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 369.3
  • Association Fees:HOA Fee2: 490.0
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, 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, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 1557.0
  • Stories: 3
  • Window Features: Dual Pane
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s)
  • 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, Brick
  • Roof: Other
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): 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
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Lake, Gated, Community Spa Htd, Near Light Rail Stop, 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 Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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 #: 124-24-230

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Annual Amount: 3540.0
  • Tax Book Number: 124.00
  • Tax Lot: 8-6
  • 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 $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

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $575,000 0.0% $369 / Sq Ft
11/07/2025 11/07/25 For Sale $575,000 0.0% $369 / Sq Ft
07/26/2024 07/26/24 Rented $2,550 0.0% --
03/25/2024 03/25/24 For Rent $2,550 +6.3% --
06/13/2022 06/13/22 Rented $2,400 0.0% --
04/12/2022 04/12/22 For Rent $2,400 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $249,500 Magnus Title Agency
Corporate Deed $359,990 Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,025 New Conventional
Previous Owner $287,992 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6931047

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-230