Featured Tempe Listing of The Week

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Contemporary, upscale townhouse within walking distance of downtown Mill and the light rail. Hardwood floors, stunning floor-to-ceiling windows facing south, skylights, custom cabinets, Silestone counters, all stainless steel kitchen appliances and stacking washer/dryer. Includes a 2-car garage with driveway deeded to the property, private patio and balcony in the front.

Are you a Real Estate Agent who would like to have your Tempe Listing profiled as the “Listing of The Week”?  If so please send your request along with the MLS No. to editor(at)tempethoughts.com


$319,000
1300 W 5th Street 1007
Tempe, AZ 85281
MLS# 5147434
2 beds  |  2 baths  |  1531 sqft


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Property Description
Contemporary, upscale townhouse within walking distance of downtown Mill and the light rail. Hardwood floors, stunning floor-to-ceiling windows facing south, skylights, custom cabinets, Silestone counters, all stainless steel kitchen appliances and stacking washer/dryer. Includes a 2-car garage with driveway deeded to the property, private patio and balcony in the front. This unit is set back from the street, shaded and quiet. A grassy tree lined property within the urban fabric of downtown Tempe. Fabulous investment and a highly sought after rental market!

Details
Maps
Contract Information
List Price: 319000 Current Price: 319000


Location, Tax & Legal
Map Code/Grid: R36 House Number: 1300
Compass: W Street Name: 5th
St Suffix: Street Unit #: 1007
City/Town Code: Tempe State/Province: AZ
Zip Code: 85281 Subdivision: 5th Street West
Taxes: 2494.4  


General Property Description
Dwelling Type: Townhouse Dwelling Styles: Attached
Exterior Stories: 2 # of Interior Levels: 2
# Bedrooms: 2 # Bathrooms: 2
Approx SQFT: 1531 Price/SqFt: 208.36
Approx SqFt Range: 1,401 - 1,600 Horses: N
Year Built: 2010 Apx Lot Size Range: 1 - 7,500
Elementary School: Scales Jr. High School: Gililland
High School: Tempe High School Elem School Dist #: 003 - Tempe School District
High School Dist #: 213 - Tempe Union High School District  


Remarks & Misc
Public Remarks: Contemporary, upscale townhouse within walking distance of downtown Mill and the light rail. Hardwood floors, stunning floor-to-ceiling windows facing south, skylights, custom cabinets, Silestone counters, all stainless steel kitchen appliances and stacking washer/dryer. Includes a 2-car garage with driveway deeded to the property, private patio and balcony in the front. This unit is set back from the street, shaded and quiet. A grassy tree lined property within the urban fabric of downtown Tempe. Fabulous investment and a highly sought after rental market! Geo Lat: 33.425857
Geo Lon: -111.959155  


Status Change Info
Status: Active Status Change Date: 2014-07-21


Legal Info
Township: 1N Range: 4E
Section: 16 Lot Number: 7


Association & Fees
HOA Y/N: Y HOA Transfer Fee: 129
HOA Fee: 189 HOA Paid (Freq): Monthly
HOA Name: 5th Street West HOA Telephone: 602-918-8691
HOA Prop Man Co Name: AJK Development HOA Prop Man Co Tele: 602-918-8691
HOA 2 Y/N: N PAD Fee Y/N: N
Cap Imprv/Impact Fee: 450.00 Cap Impv/Impt Fee$/%: $
Cap Impv/ImptFee2$/%: $ Land Lease Fee Y/N: N
Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 189  


Basement
Basement Y/N: N  


Separate Den/Office
Sep Den/Office Y/N: N  


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


Property Features
Special Listing Cond: Owner Occupancy Req
Architecture: Contemporary
Building Style: Clustered
Master Bathroom: 3/4 Bath Master Bdrm
Master Bedroom: Upstairs
Additional Bedroom: Other Bdrm Dwnstrs; Mstr Bdr Walkin Clst
Fireplace: No Fireplace
Flooring: Carpet; Tile; Wood
Pool - Private: No Pool
Spa: None
Community Features: Near Bus Stop; Near Light Rail Stop; Transportation Svcs
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks)
Laundry: Engy Star (See Rmks); Stacked Washer/Dryer; Inside Laundry
Other Rooms: Great Room; Bonus/Game Room
Features: Skylight(s); 9+ Flat Ceilings; Fire Sprinklers; Other (See Remarks)
Technology: 3+ Exist Tele Lines; Cable TV Avail; HighSpd Intrnt Aval; Security Sys Owned
Exterior Features: Patio; Balcony/Deck(s); Pvt Yrd(s)/Crtyrd(s)
Parking Features: Dir Entry frm Garage; Electric Door Opener
Construction: Block; Frame - Wood; Brick
Const - Finish: Painted; Stucco; Brick Trim/Veneer; Stone; Siding
Roofing: Foam
Cooling: Refrigeration
Heating: Electric Heat
Energy/Green Feature: Ceiling Fan(s); Other (See Remarks)
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: View/Wrought Iron; Block
Property Description: Mountain View(s); North/South Exposure; Borders Common Area
Landscaping: Grass Front
Possession: Close of Escrow
Unit Style: Two Levels; One Common Wall; End Unit; Courtyard Facing; Street Facing
Association Fee Incl: Exterior Mnt of Unit; Common Area Maint
Assoc Rules/Info: Pets OK (See Rmrks); Rental OK (See Rmks); FHA Approved Prjct; VA Approved Prjct; Prof Managed
Existing 1st Loan: Other (See Remarks)
New Financing: Cash; VA; FHA; Conventional
Disclosures: Agency Discl Req



Listing Office: Caliber Realty Group, LLC

Last Updated: August - 07 - 2014

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Friday 22nd of August 2014 05:53 AM

Purchase Program Allows 1/2% Down Payment

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You can purchase a home with a 1/2% down payment.  That’s a down payment of $875 for a purchase price of $175,000!  This program requires 2 loans, a FHA 96.5% first mortgage and a 3% second mortgage.  The second mortgage is a 15 year fixed mortgage.  The second mortgage can be used to cover closing costs as well as a down payment.  This program has provided over 7.2 billion dollars of 1rst and 2nd mortgage financing and helped over 53,000 families purchase homes since 1993.

Please contact Chris Rosner at 480-227-6944 or chrisrosner@cox.net, if I can help you or someone you know purchase a home.

Cheers!

Chris

Owner/Broker

Renaissance Lending Group, LLC

Mortgage Planning Professionals

Web: www.renlendinggroup.com

Email: chrisrosner@cox.net

New Listing on 14th st with large 12,000 sf lot

THe Real Estate Brokers LogoThis listing is no longer available.

Visit us on the web to search properties or in person at our new location on Mill Avenue in bustling down town Tempe.  514 S. Mill Avenue –  Tempe

New Program Helps Borrowers Refinance

Chris Rosner

By: Chris Rosner
Tempe, AZ

If you believe that refinancing your home is impossible because you owe more than your home is worth or that by refinancing you would need mortgage insurance because you have little equity in your home, this program is for you.  The Harp 2 (Home Affordable Refinance Program) offers a pathway for underwater and low equity home owner’s to refinance at today’s low rates without the need of mortgage insurance.  The HARP 2 guidelines are outlined below.

This program has the potential to help lots of homeowners.  I am in the process of helping a family that owes $190,000.  Their home will be valued at somewhere around $120,000.  They currently have a fixed loan at 5.50%.  The HARP program will allow them to refinance at 4.00%, with no appraisal, and lower their monthly payments by over $170.  Additionally, their income is significantly less than it was in 2010.  The HARP program does not require lenders to re-qualify borrowers unless the new payment is 20% more than the old payment.

 

Please let me know if I can help you.

 

Chris Rosner

Owner/Broker Renaissance Lending Group, LLC

chrisrosner@cox.net

480-227-6944

Chris Rosner

HARP Refinance Guidelines 

Your loan must be backed by Fannie Mae or Freddie Mac.

Your mortgage must have a securitization date prior to June 1, 2009.

FHA, USDA or a jumbo mortgages, are not eligible.

Your mortgage must have been paid on-time for the past 6 months, and at least 11 of the past 12 months.

Regardless of how far underwater you are, home value will not affect qualification.

In most cases, an appraisal will not be needed.

If your current mortgage does not require mortgage insurance, your new loan will not require it.

The loan limit is $417,000

Second homes, vacation homes, investment properties and condominiums are eligible.

Closing costs can be included.

You do not need to be employed.

Applicants do not need to be “re-qualified” unless their new principal + interest payment increases by more than 20%.

You must close on your mortgage prior to January 1, 2014.