525 W LAKESIDE Drive 107, Tempe, AZ 85281

$545,000
Property Type: Residential Bedrooms: 2 Baths: 2.5 Square Footage: 1,336 Lot Size (sq. ft.): 543 Status: Closed
Current Price: $545,000 Last Modified: 5/19/2025

Overview

Description

A unique find! Enjoy the some of the best views Tempe has to offer: Tempe Town Lake, mountains, parks, sunsets & more in the beautiful gated community of 525 Town Lake located in the heart of downtown Tempe. Across from Tempe Center for the Arts & Tempe Town Lake. Within minutes of Mill Avenue, ASU, restaurants, clubs & shopping. This beautiful contemporary home offers warm hardwood floors throughout the entry, stairs, great room & kitchen. Pre-wired for surround sound. Home includes a tandem 2 car garage. Your private patios face Tempe Town Lake. Very few of these townhomes actually have views of the lake & rarely come available for sale. Outdoors, the community features a pool, jacuzzi, grass areas w/ cabanas & bbq. Close to the Light Rail and Sky Harbor Airport.

Listing Details MLS# 6684333

Location, Tax & Legal

House Number
525
Compass
W
Street Name
LAKESIDE
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5094
Country
US
County Code
Maricopa
Assessor Number
124-24-179
Subdivision
525 TOWN LAKE CONDOMINIUM AMD
Tax Year
2023
Unit #
107
Assessor's Map #
24
Legal Description (Abbrev)
LOT 1-7 525 TOWN LAKE CONDOMINIUM AMD MCR 083107
Assessor's Parcel #
179
Tax Municipality
Tempe
Taxes
2664

Contract Information

Type
Exclusive Right To Sell
Ownership
Condominium
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
3
# of Interior Levels
3
# Bedrooms
2
Full Bathrooms
2
Half Bathrooms
Yes
Total Bathrooms
2.5
Approx SQFT
1336
Price/SqFt
407.93
Horses
N
Builder Name
Pulte
Year Built
2006
Approx Lot SqFt
543
Approx Lot Acres
0.012
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
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 Priest, go East on Rio Salado. After Hardy, take a right on Lakeside Dr. to the 2nd driveway on the right.

Status Change Info

Off Market Date
2024-05-08
Under Contract Date
2024-04-11
Close of Escrow Date
2024-05-07

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
1-7

More Information

Basement

Basement Y/N
N

Parking Spaces

Garage Spaces
2
Total Covered Spaces
2
Slab Parking Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Conventional
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
5000
Seller Concession $/%
$
Buyer Concession to Seller
0

Special Listing Cond

N/A
Yes

Construction

Block
Yes
Wood Frame
Yes
Brick
Yes

Const - Finish

Painted
Yes
Stucco
Yes
Brick Veneer
Yes

Roofing

Built-Up
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
120
HOA Fee
445
HOA Paid Frequency
Monthly
HOA Name
525 Town Lake
HOA Telephone
480-844-2224
HOA Management Company
Tri-City Property Mg
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
1000
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
890
Disclosure Fees HOA
255
Other Fees HOA
25
Other Fees Description
Doc Fees
Com Facilities Distr
N
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
445

Lockbox Type

Supra
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes
Double Vanity
Yes

Flooring

Carpet
Yes
Tile
Yes
Wood
Yes

Window Features

Solar Screens
Yes
Dual Pane
Yes

Community Features

Biking/Walking Path
Yes
Community Spa Htd
Yes
Gated
Yes
Lake
Yes
Near Bus Stop
Yes
Near Light Rail Stop
Yes

Dining Area

Eat-in Kitchen
Yes
Dining in LR/GR
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Kitchen Island
Yes
Built-in Microwave
Yes
Range/Oven Elec
Yes
Refrigerator
Yes
Granite Counters
Yes

Cooling

Central Air
Yes

Interior Features

Fire Sprinkler System
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
Upstairs Laundry
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Technology

Pre-Wire Srnd Snd
Yes
Cable TV Avail
Yes
High Speed Internet
Yes
Ntwrk Wrng Multi Rms
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Exterior Features

Balcony
Yes
Built-in BBQ
Yes
Covered Patio(s)
Yes
Private Street(s)
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Common
Yes
Tandem Garage
Yes
Direct Access
Yes
Unassigned
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Energy/Green Feature

Multi-Zones
Yes

Utilities

APS
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

North/South Exposure
Yes

Landscaping

Desert Front
Yes

Disclosures

Vicinity of an Airport
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Exterior Mnt of Unit
Yes
Roof Repair
Yes
Water
Yes
Sewer
Yes
Garbage Collection
Yes
Front Yard Maint
Yes
Common Area Maint
Yes
Street Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Prof Managed
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity Flooring: Carpet; Tile; Wood Window Features: Solar Screens; Dual Pane Spa: None Community Features: Biking/Walking Path; Community Spa Htd; Gated; Lake; Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Upstairs Laundry Interior Features: Fire Sprinkler System Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms Exterior Features: Balcony; Built-in BBQ; Covered Patio(s); Private Street(s) Parking Features: Common; Direct Access; Tandem Garage; Unassigned Construction: Block; Wood Frame; Brick Const - Finish: Painted; Stucco; Brick Veneer Roofing: Built-Up Cooling: Central Air Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Wrought Iron; Block Property Description: North/South Exposure Landscaping: Desert Front Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Vicinity of an Airport
IDX
Listing Office: Good Oak Real Estate
Last Updated: May - 19 - 2025
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