$515,000
Tempe, AZ 85281
MLS# 7039774
2 beds | 3 baths
1 / 23
Property Description
Welcome to your warm, inviting Tempe retreat--freshly painted and move in ready. In a secure gated community, this townhome features a tandem 2 car garage, private pool view balconies, tile downstairs, laminate wood upstairs, and an open kitchen with granite countertops. Prewired surround sound and security add modern ease. With 2 bedrooms and 2.5 baths, it's perfect for roommates, a guest suite, or a dedicated home office. The location is unbeatable: across from Tempe Center for the Arts and Tempe Town Lake, minutes to Mill Avenue's coffee, dining, and nightlife, and close to rail for easy commuting. About 5 minutes to the 202 Freeway and 10 minutes to Sky Harbor Airport. Near ASU's main campus--ideal for ASU students, professors, and administrators; City of Tempe administrators;
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $515,000
Status: Active
Current Price: $515,000
List Date: 2026-06-08
Location, Tax & Legal
Unit #: 141
Assessor's Map #: 24
Legal Description (Abbrev): LOT 3-5 525 TOWN LAKE CONDOMINIUM AMD MCR 083107
Assessor's Parcel #: 193
Tax Municipality: Tempe
Taxes: 3158
House Number: 525
Compass: W
Street Name: LAKESIDE
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5097
Country: US
County Code: Maricopa
Assessor Number: 124-24-193
Subdivision: 525 TOWN LAKE CONDOMINIUM AMD
Tax Year: 2025
General Property Description
Dwelling Styles: Attached
# of Interior Levels: 3
# Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Total Bathrooms: 3
Approx SQFT: 1370
Price/SqFt: 375.91
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
Year Built: 2006
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: 3-5
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Brick Veneer: 1
Roofing
Other: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 120
HOA Fee: 505
HOA Paid Frequency: Monthly
HOA Name: 525 Town Lake HOA
HOA Telephone: 480-844-2224
HOA Management Company: Tri-City Prop Manage
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 10000
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 1050
Disclosure Fees HOA: 255
Other Fees HOA: 25
Other Fees Description: Document Prep
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 505
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
Supra: 1
Architecture
Contemporary: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
Double Vanity: 1
Master Bedroom
Upstairs: 1
Flooring
Laminate: 1
Tile: 1
Wood: 1
Window Features
Dual Pane: 1
Community Features
Community Spa Htd: 1
Gated: 1
Dining Area
Eat-in Kitchen: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Kitchen Island: 1
Refrigerator: 1
Granite Counters: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
9+ Flat Ceilings: 1
Fire Sprinkler System: 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Upstairs Laundry: 1
Basement
Basement Y/N: N
Other Rooms
Bonus/Game Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
City Street: 1
Road Surface Type
Paved: 1
Technology
3+ Exist Tele Lines: 1
Pre-Wire Sat Dish: 1
Cable TV Avail: 1
High Speed Internet: 1
Ntwrk Wrng Multi Rms: 1
Security System Owned: 1
Fencing
Wrought Iron: 1
Water Source
City Water: 1
Community Pool Features
Outdoor: 1
Exterior Features
Balcony: 1
Private Street(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
Attached Garage: 1
Garage Door Opener: 1
Foundation Details
Slab: 1
New Financing
Cash: 1
Conventional: 1
Utilities
APS: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
Gravel/Stone Front: 1
Services
City Services: 1
Unit Style
Two Common Walls: 1
Contact Info
List Agent Home Phn: 928-774-1979
Disclosures
Seller Discl Avail: 1
Possession
Close of Escrow: 1
Association Fee Incl
Exterior Mnt of Unit: 1
Roof Repair: 1
Roof Replacement: 1
Garbage Collection: 1
Common Area Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Remarks Misc
Cross Street: Rio Salado Parkway
Directions: 202 Freeway, south on Priest, left on Rio Salado Parkway, right on Lakeside Dr.
Geo Lat: 33.430048
Geo Lon: -111.947001
Property Features
Special Listing Cond: N/A
Architecture: Contemporary
Master Bathroom: 3/4 Bath Master Bdrm; Double Vanity
Master Bedroom: Upstairs
Flooring: Laminate; Tile; Wood
Window Features: Dual Pane
Community Pool Features: Outdoor
Spa: None
Community Features: Community Spa Htd; Gated
Dining Area: Eat-in Kitchen
Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator; Granite Counters; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside; Upstairs Laundry
Foundation Details: Slab
Other Rooms: Bonus/Game Room
Interior Features: 9+ Flat Ceilings; Fire Sprinkler System
Technology: 3+ Exist Tele Lines; Pre-Wire Sat Dish; Cable TV Avail; High Speed Internet; Ntwrk Wrng Multi Rms; Security System Owned
Exterior Features: Balcony; Private Street(s)
Parking Features: Attached Garage; Garage Door Opener; Tandem Garage
Road Access Type: City Street
Road Surface Type: Paved
Construction: Wood Frame
Const - Finish: Stucco; Brick Veneer
Roofing: Other
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron
Landscaping: Gravel/Stone Front
Showing Notification Methods: Text
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Common Walls
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Garbage Collection; Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail
Supplements
frequent traveler, investor, or parent seeking an alternative to student housing, this property offers exceptional convenience, walkability, and value in one of Tempe's most desirable urban locations.
The seller is now offering a 2-1 interest rate buy-down with a full price offer. Considering the location, quality of the home, and the opportunity for a significantly lower interest rate in the first two years of a mortgage...it simply doesn't get any better than this.
Listing Office: RE/MAX Fine Properties
Last Updated: July - 20 - 2026
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