NOT LISTED FOR SALE

1200 W University Dr Unit 203 Tempe, AZ 85281

Sunset Neighborhood

Estimated Value: $295,619 - $427,000

1 Bed
1.5 Baths
940 Sq Ft
436 Sq Ft Lot

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 1 Fireplace
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub
  • No HOA

About This Home

As of November 2019

This gorgeous loft is all you have ever wanted! Move in by 11/15/2019 and receive December for just $900! Walk into your new home greeted by sealed concrete flooring. The kitchen is perfect with a breakfast bar, upgraded lighting, granite and stainless steel appliances. The gas fireplace leads you into the living room just off of the staircase. Follow the stair case to your Master bedroom with a Huge Bathroom featuring soak in tub and separate shower as well as a walk in closet. This home will not last! Limit 1 pet per unit. Dogs must be under 25 pounds.

Last Agent to Rent the Property

Tiffany Gomm

Alter Property Management, LLC License #SA652216000 Listed on: 10/07/2019

Last Renter's Agent

Tiffany Gomm

Alter Property Management, LLC License #SA652216000 Listed on: 10/07/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 2006

Lot Details

  • 436

Home Design

  • Loft
  • Contemporary Architecture
  • Brick Veneer
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 940 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • Assigned Parking
  • Unassigned Parking

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy Campus High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Wrought Iron Fence
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 10/9/19
  • 12-Month Minimum Lease Term
  • Tax Lot A2-3
  • Assessor Parcel Number 124-37-173

Community Details

Overview

  • No Home Owners Association
  • Merrion Square Condominium Subdivision

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,106

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Available Date: 2019-10-09

Listing Details

  • Cross Street: Mill & University
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Loft Style
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: MERRION SQUARE CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Structure Type: High Rise
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Concrete
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 940.0
  • Stories: 2
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Unassigned, Assigned
  • Attached Garage: No
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Near Bus Stop
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy Campus
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size Sq Ft: 558.0
  • Parcel #: 124-37-173

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: A2-3
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2010
Sold by
Mall Holdings Llc
Bought by
Tsp Real Estate Holdings Llc
Current Estimated Value
$348,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$507,048
Interest Rate
4.76%
Mortgage Type
New Conventional
Estimated Equity
-$165,555

Purchase Details

Closed on
Mar 11, 2008
Sold by
Mortgages Ltd
Bought by
Mall Holdings Llc

Purchase Details

Closed on
Oct 11, 2007
Sold by
Wexford Properties Llc
Bought by
Mortgages Ltd
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tsp Real Estate Holdings Llc $1,500,000 Magnus Title Agency
Mall Holdings Llc $1,075,000 Magnus Title Agency
Mortgages Ltd $2,322,128 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsp Real Estate Holdings Llc $750,000
Previous Owner Wexford Properties Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2019 11/14/19 Rented $1,195 0.0% --
11/09/2019 11/09/19 Price Changed $1,195 -2.4% $1 / Sq Ft
10/29/2019 10/29/19 Price Changed $1,225 -3.9% $1 / Sq Ft
10/18/2019 10/18/19 Price Changed $1,275 -3.8% $1 / Sq Ft
10/07/2019 10/07/19 For Rent $1,325 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,106 $9,877 -- --
2024 $1,093 $9,407 -- --
2023 $1,093 $24,100 $4,820 $19,280
2022 $1,049 $18,150 $3,630 $14,520
2021 $1,056 $17,480 $3,490 $13,990
2020 $1,024 $15,760 $3,150 $12,610
2019 $1,004 $13,670 $2,730 $10,940
2018 $979 $13,520 $2,700 $10,820
2017 $950 $13,020 $2,600 $10,420
2016 $944 $12,400 $2,480 $9,920
2015 $906 $10,610 $2,120 $8,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5988618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-37-178