Condo / High-rise home in Tempe, AZ
A Condo condo in Tempe, AZ, it offers 1 bedroom and 1 bathroom across 1,035 square feet. Its Condo character defines the property's look.
| Price | $299,000 |
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| Beds | 1 |
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| Baths | 1 |
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| Sqft | 1035 |
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| Architectural style | Condo / High-rise (85% match) |
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| Address | 420 W 1ST Street #319, Tempe, AZ 85281 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little above the area.
- At $299K, this home is 4% above the $288K median for 100 similar Condo / High-rise homes in Tempe, AZ.
- That works out to $289 per square foot, right at the $289 comparable rate.
- On the market 13 days.
| This home | $299,000 |
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| Condo / High-rise median in Tempe, AZ | $287,850 (100 homes) |
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| Price per sq ft | $289 vs. $289 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,903/month with 20% down at a 7.28% 30-year fixed rate. You would need about $81,568 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,637/mo |
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| Property tax (new-buyer reassessed rate) | $154/mo |
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| Homeowners insurance | $112/mo |
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| Total monthly | $1,903/mo |
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| Down payment (20%) | $59,800 |
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| Income needed | $81,568/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (82 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (82/100) |
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| Beats renting in | 53% of modeled paths |
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| Modeled 5-yr equity (median) | $198,238 |
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| Range (10th to 90th pct) | $130,149 to $276,283 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia