NOT LISTED FOR SALE

Estimated Value: $503,726 - $579,000

2 Beds
2.5 Baths
1,265 Sq Ft
$435/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $275,000 $217 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,547/month

4 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Granite Countertops
  • Mountain View
  • Wood Flooring
  • Heated Community Pool

About This Home

As of March 2015

This ideally located, beautifully finished 2-bedroom condo features hard wood floors, stainless steel appliances and a spacious 2-car tandem garage. The gated community features a heated pool and spa. Perfectly placed access to downtown Tempe: walking distance to the new Fox Restaurant's Concept Yard at Farmer Arts District and less than a mile to Tempe Town Lake, Mill Ave and Arizona State University's main campus. This unit is in imaculate condition and move-in ready!

Last Agent to Sell the Property

Robert Adler

Arizona Best Real Estate License #BR561622000 Listed on: 02/06/2015

Arizona Best Real Estate

Co-Listed By

Sandra Adler

Arizona Best Real Estate License #SA529268000

Last Buyer's Agent

Bill Harden

HomeSmart License #SA637008000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,177

Year Built

  • Built in 2006

Lot Details

  • 543 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

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

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 8-7
  • Assessor Parcel Number 124-24-231

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, street maintenance, front yard maint, trash, water, roof replacement
  • Brown Management Association, Phone Number (480) 539-1396
  • Built by Pulte Homes
  • 525 Town Lake Condominiums Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,177

Year Built

Built in 2006

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Cross Street: Rio Salado & Priest
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 315.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2014
  • Directions: E. on Rio Salado to Hardy, S. to 1st St, E. to Property on the left, enterance on 1st St
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: best03
  • Co List Office Phone: 480-948-4711
  • Subdivision Name: 525 Town Lake Condominiums
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 315.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 1265.0
  • Stories: 3
  • Window Features: Dual Pane
  • 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
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • 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
  • 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: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 315.0
  • 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 Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: 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, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement

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: 543.0
  • Parcel #: 124-24-231

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2177.4
  • Tax Book Number: 124.00
  • Tax Lot: 8-7
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Feb 10, 2015
Sold by
Whitaker John S
Bought by
Mesa Armando
Seller's Agent
Robert Adler
Arizona Best Real Estate
Buyer's Agent
Bill Harden
HomeSmart
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$544,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,445
Avg. Annual Appreciation
6.76%
Original Mortgage
$220,000
Outstanding Balance
$170,030
Interest Rate
3.61%
Mortgage Type
Trade
Estimated Equity
$372,719

Purchase Details

Closed on
Jul 25, 2007
Sold by
Pulte Home Corp
Bought by
Whitaker John S
Source: Public Records

Range of Values:

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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
Mesa Armando $275,000 First American Title
Whitaker John S $375,000 Sun Title Agency Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesa Armando $220,000
Previous Owner Whitaker John S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $275,000 -1.8% $217 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $280,000 -- $221 / 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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5233527

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-24-231