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420 W 1ST Street #319, Tempe, AZ, 85281

1beds
1baths
1,035sqft
$320,000
$309price/sqft
$2,043/moest. monthly cost
$81,720/yrincome needed

About This Home

Welcome to urban living at its finest in the heart of Tempe! Located at 420 W. First St #319, this spacious and stylish 1-bedroom, 1-bathroom condo with a full loft/den offers 1,035 square feet of thoughtfully designed living space. You'll love the soaring ceilings, true hardwood floors, and natural light that floods the open floorplan. The loft area includes a built-in Murphy bed--perfect for guests, a home office, or creative flex space. The kitchen is complete with a breakfast bar and refrigerator, making it ideal for casual dining and entertaining. Step outside to your private balcony and additional outdoor space, the perfect place to unwind and enjoy your morning coffee or evening sunsets.

Getting Around

75
WalkingVery Walkable
66
TransitGood Transit
99
BikeBiker's Paradise

Schools

4/10
Scales Technology AcademyGrades PK-50.7 mi
5/10
Tempe High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 2002

Materials

  • Roof: Tile
  • Construction materials: Stucco,Wood Frame,Painted

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Cooktop,Built-In Electric Oven
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Speed Internet,Double Vanity,Eat-in Kitchen,Breakfast Bar,Elevator,Vaulted Ceiling(s),Pantry,Full Bth Master Bdrm
  • Flooring: Carpet,Tile,Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,035
  • Total interior livable area: 1,035 sqft

Property

Details

  • Parcel number: 12424161
  • Attached to another structure: Yes

Features

  • Stories: 3
  • Exterior features: Balcony,Storage
  • Spa features: None
  • Fencing: Block,Wrought Iron

Lot

  • Lot size: 801 sqft
  • Features: None

Parking

  • Total spaces: 1
  • Parking features: Gated,Garage Door Opener,Assigned,Permit Required
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance $92$1,104
Property Taxes $117$1,404
Electricity $216$2,603
Total$2,043$24,516

Income You'd Need if You Spent...

35% on housing$70,045/yr
40% on housing$61,290/yr
45% on housing$54,480/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$309This listing

vs Other Active Listings

Avg $/sqft

ZIP 85281$242
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85281$333
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$345,000
2026-04-09Price change$360,000
2026-03-11Listed for sale$380,000
2025-12-03Listing removed$399,000
2025-08-09Listed for sale$399,000
2002-10-18Sold$158,736

For Sale by Agent

AgentAndrew Holm
BrokerageCitiea

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