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For sale
    • Price cut: $10K (7/6)
    $515,000

    525 W LAKESIDE Drive #141, Tempe, AZ 85281

    2beds
    1,370sqft
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    Townhouse
    Built in 2006
    543 Square Feet Lot
    $-- Zestimate®
    $376/sqft
    $505/mo HOA

    What's special

    Secure gated communityPrivate pool view balconiesWarm inviting tempe retreatLaminate wood upstairsTile downstairsPrewired surround sound
    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; 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.
    43 days
    |
    119
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Lopez 928-600-1949,

    RE/MAX Fine Properties

    Source: ARMLS,MLS#: 7039774MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
      • Laundry: Upper Level, Inside
      Features
      • High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm
      • Flooring: Laminate, Tile, Wood
      • Windows: Double Pane Windows
      • Has basement: No
      • Has fireplace: No
      • Common walls with other units/homes: Two Common Walls
      Interior area
      • Total structure area: 1,370
      • Total interior livable area: 1,370 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Tandem Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Stories: 3
      • Exterior features: Balcony, Private Street(s)
      • Spa features: None
      • Fencing: Wrought Iron
      Lot
      • Size: 543 Square Feet
      • Features: Gravel/Stone Front
      Details
      • Parcel number: 12424193

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Contemporary
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Brick Veneer, Stucco, Wood Frame
      • Foundation: Slab
      • Roof: Other
      Condition
      • Year built: 2006
      Details
      • Builder name: Pulte

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water

      Community & HOA

      Community
      • Features: Pool, Gated, Community Spa Htd
      • Security: Fire Sprinkler System, Security System Owned
      • Subdivision: 525 TOWN LAKE CONDOMINIUM AMD
      HOA
      • Has HOA: Yes
      • Services included: Roof Repair, Maintenance Grounds, Trash, Roof Replacement, Maintenance Exterior
      • HOA fee: $505 monthly
      • HOA name: 525 Town Lake HOA
      • HOA phone: 480-844-2224
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $376/sqft
      • Tax assessed value: $404,200
      • Annual tax amount: $3,158
      • Date on market: 6/8/2026
      • Cumulative days on market: 186 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/6/2026Price change$515,000-1.9%$376/sqft
        Source: NAZMLS #204839 Report a problem
        6/10/2026Listed for sale$525,000-0.9%$383/sqft
        Source: ARMLS #7039774 Report a problem
        6/1/2026Listing removed$530,000$387/sqft
        Source: ARMLS #6963165 Report a problem
        4/4/2026Price change$530,000-1.9%$387/sqft
        Source: ARMLS #6963165 Report a problem
        1/8/2026Listed for sale$540,000+25.6%$394/sqft
        Source: ARMLS #6963165 Report a problem
        12/20/2007Sold$430,000+10.3%$314/sqft
        Source: ARMLS #2822950 Report a problem
        12/20/2006Sold$389,990$285/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,145 +7%$40,420 +3.4%
        2024$2,939 -6.8%$39,080 +50.7%
        2023$3,152 +3.8%$25,938 -15.4%
        2022$3,036 +2.4%$30,660 +6.8%
        2021$2,964 +1.9%$28,720 +2.6%
        2020$2,908 +2.6%$28,000 +8.2%
        2019$2,835 $25,870 +0.9%
        2018$2,835 +3.4%$25,650 +13.4%
        2017$2,743 +19.7%$22,610 +4.5%
        2016$2,292 +2.4%$21,630 +3.5%
        2015$2,238 $20,900 +24%
        2014-- $16,860 +10.9%
        2013-- $15,200 -9%
        2012-- $16,700 -17.7%
        2011-- $20,300 -12.3%
        2010-- $23,150 -22.4%
        2009-- $29,850 +566.3%
        2008-- $4,480
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 85281

        Getting around

        60 / 100
        Somewhat Walkable
        64 / 100
        Good Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Scales Technology Academy
        • Middle: Geneva Epps Mosley Middle School
        • High: Tempe High School
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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