525 W LAKESIDE Drive 151, Tempe, AZ 85281 (MLS# 6871560)

525 W LAKESIDE Drive 151, Tempe, AZ 85281

$580,000

Property Type: Residential Bedrooms: 2 Baths: 2.5 Square Footage: 1,336 Lot Size (sq. ft.): 543 Status: Closed

Current Price: $580,000 Last Modified: 5/31/2025

Description

Welcome home to this lakefront haven overlooking Tempe Town Lake, Camelback & Papago. The wide-plank hardwood floors complement custom wood stair treads in this freshly painted space, that exudes pride of ownership. Electric roll shades frame the stunning TCA and park views from the living room and open concept kitchen with cherry cabinetry, granite counters, updated appliances, metal roll-out shelving, pantry, bar and built in desk. Primary suite includes a remodeled bath, walk in closet and blackout shades for the weekend snooze. Gated community with pool, hot tub and grill. 5 minutes from ASU and airport, with attached garage. Prime downtown Tempe location, walk to any local destination! Or stay in to enjoy dinner on your upper patio or to watch the fireworks from your 3rd floor perch.

More Information MLS# 6871560

Contract Information

Type: Exclusive Right To Sell Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No Sold Price: $580,000 Status: Closed Current Price: $580,000 List Date: 2025-05-26

Location, Tax & Legal

Unit #: 151 Assessor's Map #: 24 Legal Description (Abbrev): LOT 2-7 525 TOWN LAKE CONDOMINIUM AMD MCR 083107 Assessor's Parcel #: 187 Tax Municipality: Tempe Taxes: 2697 House Number: 525 Compass: W Street Name: LAKESIDE St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 5097 County Code: Maricopa Assessor Number: 124-24-187 Subdivision: 525 TOWN LAKE CONDOMINIUM AMD Tax Year: 2024

General Property Description

Dwelling Styles: Attached # of Interior Levels: 3 Full Bathrooms: 2 Half Bathrooms: 1 Approx SQFT: 1336 Price/SqFt: 434.13 Approx Lot SqFt: 543 Approx Lot Acres: 0.012 Horses: N Builder Name: Pulte Elementary School District: Tempe 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 Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Townhouse Exterior Stories: 3 # Bedrooms: 2 Total Bathrooms: 2.5 Year Built: 2006

Legal Info

Range: 4E Section: 16 Township: 1N Lot Number: 2-7

Special Listing Cond

N/A: 1

Construction

Block: 1 Brick: 1 Spray Foam Insulation: 1

Const - Finish

Stucco: 1 Brick Veneer: 1

Roofing

Rolled: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: No HOA Transfer Fee: 125 HOA Fee: 490 HOA Paid Frequency: Monthly HOA Name: 525 Town Lake HOA Telephone: 480-844-2224 HOA Management Company: Tri-city Property 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: 980 Disclosure Fees HOA: 255 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 490

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Building Style

Clustered: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1 Bidet: 1

Master Bedroom

Upstairs: 1

Additional Bedroom

Master Bedroom Walk-in Closet: 1

Flooring

Tile: 1 Wood: 1

Window Features

Dual Pane: 1

Community Features

Biking/Walking Path: 1 Community Spa: 1 Community Spa Htd: 1 Gated: 1 Lake: 1 Near Bus Stop: 1 Near Light Rail Stop: 1

Dining Area

Eat-in Kitchen: 1 Breakfast Bar: 1 Dining in LR/GR: 1

Heating

Electric: 1

View

City Lights: 1 Mountain(s): 1

Kitchen Features

Built-In Gas Oven: 1 Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Built-in Microwave: 1 Refrigerator: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Programmable Thmstat: 1 Central Air: 1

Interior Features

Fire Sprinkler System: 1 Water Purifier: 1

Laundry

Washer Included: 1 Dryer Included: 1 Upstairs Laundry: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1 High Speed Internet: 1

Fencing

None: 1

Water Source

City Water: 1

Exterior Features

Balcony: 1 Covered Patio(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

Tandem Garage: 1 Garage Door Opener: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 1031 Exchange: 1

Utilities

APS: 1

Existing 1st Loan

Conventional: 1

Property Description

Waterfront Lot: 1 North/South Exposure: 1

Landscaping

None: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Water: 1 Garbage Collection: 1 Common Area Maint: 1 Street Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Prof Managed: 1

Sold Info

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

Remarks Misc

Cross Street: Rio Salado Parkway and Lakeside Drive Directions: From Rio Salado heading west, turn left onto Lakeside Drive into the community. Geo Lat: 33.430296 Geo Lon: -111.947126

Status Change Info

Off Market Date: 2025-05-26 Under Contract Date: 2025-05-26 Close of Escrow Date: 2025-05-30 Sold Price: $580,000

Property Features

Special Listing Cond: N/A Building Style: Clustered View: City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Double Vanity; Bidet Master Bedroom: Upstairs Additional Bedroom: Master Bedroom Walk-in Closet Flooring: Tile; Wood Window Features: Dual Pane Spa: None Community Features: Biking/Walking Path; Community Spa; Community Spa Htd; Gated; Lake; Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen; Breakfast Bar; Dining in LR/GR Kitchen Features: Built-In Gas Oven; Gas Oven; Gas Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included; Upstairs Laundry Interior Features: Fire Sprinkler System; Water Purifier Technology: Cable TV Avail; High Speed Internet Exterior Features: Balcony; Covered Patio(s) Parking Features: Garage Door Opener; Tandem Garage Construction: Block; Brick; Spray Foam Insulation Const - Finish: Stucco; Brick Veneer Roofing: Rolled Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Heating: Electric Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: None Property Description: Waterfront Lot; North/South Exposure Landscaping: None Lockbox Type: None Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Garbage Collection; Common Area Maint; Street Maint Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail

Listing Office: Keller Williams Realty East Valley

Last Updated: May - 31 - 2025