Calling all investors and flippers! This is a fixer upper. 1 Bed, 1 Bath Condo in Tempe's Chesapeake Community. This is prime location! Conveniently located in the heart of Tempe, this condo is affordable living just minutes from ASU, Tempe Town Lake, shopping, dining, and transportation options like the Light Rail and Sky Harbor Airport. Washer & dryer are included and located in unit. HOA covers water, sewer. and garbage. Not to mention, there is covered and overflow parking! With two pools, a hot tub, clubhouse, and BBQ areas, this condo is sure to be a hit for entertaining. Your vision awaits! This condo is a blank canvas ready for your personal touch. Don't miss this opportunity! See it today!
Property Details
Property Features
Property Information:
Year Built: 1986
Stories: 1
Living Area: 693 SqFt
Listing Office:
Office Name: Real Broker
Office Phone: (623) 223-1663
Listing Agent: Carin S Nguyen, Jill Harrington
Interior Features
Interior Information:
Flooring Type: Other, Tile
Interior: Eat-in Kitchen, Full Bth Master Bdrm
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Common
Lot Features
Lot Information:
Lot: Desert Front
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Electric
Other
Directions Information:
Directions: Head south on S Mill Ave, Use the left lane to turn left onto E Southern Ave, and Turn left onto Chesapeake Condominium to the property.
Price Information
Listing Price Info
Price Summary:
List Price: $232,000
Price Per SqFt: $335/SqFt
HOA Fees:
Amount: $251
Frequency: Monthly
Tax Information:
Annual Amount: $808
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Tempe, AZ.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,476
Per Month
Principal & Interest
$1,158
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$251
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$762
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Carminati Elementary School
4001 S McAllister Ave
Distance between this listing and this school0.61 miles
Public District Grades PK-5
6
/10
Broadmor Elementary School
311 E Aepli Dr
Distance between this listing and this school0.82 miles
Public District Grades KG-5
6
/10
Hudson Elementary School
1325 E Malibu Dr
Distance between this listing and this school1.20 miles
Public District Grades KG-5
Nearby Schools
6
/10
McKemy Academy of International Studies
2250 S College Ave
Distance between this listing and this school0.70 miles
Public District Grades 6-8
2
/10
Gililland Middle School
1025 S Beck Ave
Distance between this listing and this school1.99 miles
Public District Grades 6-8
3
/10
Fees College Preparatory Middle School
1600 E Watson Dr
Distance between this listing and this school2.08 miles
Public District Grades 6-8
Nearby Schools
9
/10
Tempe Preparatory Academy
1251 E Southern Ave
Distance between this listing and this school1.09 miles
Public Charter Grades 6-12
4
/10
Tempe High School
1730 S Mill Ave
Distance between this listing and this school1.10 miles
Public District Grades 9-12
4
/10
International Commerce High School - Tempe
1105 E Broadway Rd
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $50,188. The majority of Tempe, AZ residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 200 E Southern Ave Unit 175 in Tempe, AZ and zip code 85282 in the Chesapeake neighborhood. This 693 square foot home, which was built in 1986, sits on a 0.03 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $232,000.
In November 2024, from all listings sold in Tempe, AZ there were more than 13 sold above asking price, over 46 sold below and more than 23 were sold right at the asked price. Between October 2024 and November 2024, Tempe, AZ real estate market has seen decrease in the number of listings by 3.3%. Listings spent 52 days on the market in November 2024, and had a median list price of $479,747 during the same period.
From Rocket Homes Real Estate and based on county public records data.