1245 W 1ST Street, 203, Tempe, AZ 85281
$286,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
897
Lot Size (sq. ft.):
88
Status:
Closed
Current Price:
$286,000
Last Modified:
6/03/2025
Description
Updated and fully-furnished condo in the heart of Tempe! This home is a spacious 2 bedroom, 2 full-bathroom condo with in-unit laundry. Located right near the pool with a private patio, this condo is sure to please. Updated in 2019 with new flooring, baseboards, paint, countertops, and designer fireplace. AC unit only two years old, water heater only 2 years old. Currently operating as a short term rental at a 6.8% cap rate!! Located near ASU, amazing restaurants, bars and shops on Mill Avenue, Tempe Center for the Arts, Phoenix Sky Harbor, and Tempe Town Lake!
More Information MLS# 6296082
Contract Information
Status Change Date: 2022-01-05
Sold Price: $286,000
Status: Closed
Current Price: $286,000
List Date: 2021-09-20
Type: Exclusive Right To Sell
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: R36
House Number: 1245
Compass: W
Street Name: 1ST
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 7618
Country: US
County Code: Maricopa
Assessor Number: 124-28-081
Subdivision: RIO SALADO VILLAS
Tax Year: 2021
General Property Description
Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 2
# of Interior Levels: 1
# Bedrooms: 2
# Bathrooms: 2
Approx SQFT: 897
Price/SqFt: 318.84
Horses: N
Builder Name: --
Year Built: 1986
Approx Lot SqFt: 88
Approx Lot Acres: 0.002
Pool: Community Only
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Remarks Misc
Cross Street: Rio Salado & Priest
Directions: From Rio Salado & Priest, east on Rio Salado to 1st St. South on 1st to property on south side of the street. Park on 1st st and walk to the unit in the northwest building.
Geo Lat: 33.428778
Geo Lon: -111.958588
Status Change Info
Off Market Date: 2021-11-09
Under Contract Date: 2021-11-08
Close of Escrow Date: 2022-01-04
Sold Price: $286,000
Legal Info
Township: 1N
Range: 4E
Section: 16
Lot Number: 203
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 1
Total Covered Spaces: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A; Owner/Agent
Master Bathroom: Full Bth Master Bdrm
Fireplace Features: 1 Fireplace
Flooring: Vinyl
Windows: Dual Pane
Pool Features: No Pool
Spa: None
Community Features: Community Pool
Dining Area: Breakfast Bar; Dining in FR
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Refrigerator; Laminate Counters
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Exterior Features: Patio
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Cooling: Central Air
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: None
Landscaping: None
Possession: Close of Escrow; Subject To Tenant Rights
Unit Style: All on One Level; Neighbor Below; End Unit; Poolside; Courtyard Facing
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Last Updated: June - 03 - 2025
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