NOT LISTED FOR SALE

2027 E University Dr Unit 105 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $387,273 - $418,000

2 Beds
2.5 Baths
1,469 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $425,500 $290 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,456/month

6 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Heated Community Pool
  • Vaulted Ceiling
  • End Unit
  • Balcony

About This Home

As of February 2022

GATED COMMUNITY! END UNIT! CUL-DE-SAC UNIT! This fully furnished 2 bedroom, 2.5 bathroom townhome is in a GREAT LOCATION - just a short drive to Arizona State University, Tempe Marketplace, Tempe Town lake and more! Perfect for any ASU student or family! As soon as you walk in, you're drawn to the very high ceilings and large windows, which makes the space open and bright. The space is perfect for entertaining, as the kitchen opens up to the living room and formal dining area. The master bedroom is located downstairs and has separate access to back patio, walk-in closet, and full master bedroom with separate tub and walk-in shower and double vanity! Right up the stairs is the second bedroom and your very own private terrace located up the stairs overlooking the community. This townhome also comes with a 2 car garage. On a bright, sunny day, to a short walk and relax in the community pool and spa! HURRY, this one will not last long!

Last Agent to Sell the Property

Luis Hernandez

eXp Realty License #SA685221000 Listed on: 02/03/2022

eXp Realty

Co-Listed By

Kelly Cook

Real Broker License #SA562405000

Last Buyer's Agent

Sandy Chambers

HomeSmart License #SA675321000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 2002

Lot Details

  • 2,682 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Cul-De-Sac
  • Desert faces the back of the property
  • Backyard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,469 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Patio

Schools

  • Broadmor Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 132-68-243

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, roof replacement, maintenance exterior
  • Rio Ventana Townhome Association, Phone Number (480) 446-9077
  • Rio Ventana Townhomes Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,090

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: University Dr and 101 freeway
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 165.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2021
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: kwaz16
  • Co List Office Phone: 480-442-9868
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 289.65
  • Association Fees:HOA Fee2: 165.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Master Downstairs, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
  • Living Area: 1469.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony
  • Lot Features: North/South Exposure, Sprinklers In Rear, Desert Back, Cul-De-Sac, Gravel/Stone Back, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Gated, Community Spa Htd
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana Townhome
  • Phone: 480-446-9077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rio Ventana Townhome
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Broadmor Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2682.0
  • Parcel #: 132-68-243

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2090.0
  • Tax Book Number: 132.00
  • Tax Lot: 1
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 20, 2022
Sold by
Berrebi and Barbara
Bought by
R & R Property Investments Llc
Seller's Agent
Luis Hernandez
eXp Realty
Buyer's Agent
Sandy Chambers
HomeSmart
List Price
$395,000
Sold Price
$425,500
Premium/Discount to List
$30,500
7.72%
Current Estimated Value
$398,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,932
Avg. Annual Appreciation
-1.71%

Purchase Details

Closed on
Dec 23, 2002
Sold by
Rio Ventana Townhomes Tempe Llc
Bought by
Berrebi Roland and Berrebi Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
R & R Property Investments Llc $425,500 New Title Company Name
Berrebi Roland $178,920 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berrebi Roland $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $425,500 +7.7% $290 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $395,000 -- $269 / Sq Ft
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 $2,344 $19,557 -- --
2024 $2,164 $18,626 -- --
2023 $2,164 $28,300 $5,660 $22,640
2022 $2,076 $23,010 $4,600 $18,410
2021 $2,090 $21,000 $4,200 $16,800
2020 $2,027 $20,660 $4,130 $16,530
2019 $1,989 $19,110 $3,820 $15,290
2018 $1,939 $18,100 $3,620 $14,480
2017 $1,881 $15,960 $3,190 $12,770
2016 $1,868 $15,160 $3,030 $12,130
2015 $1,794 $15,150 $3,030 $12,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6349735

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-243