NOT LISTED FOR SALE

2027 E University Dr Unit 116 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $389,000 - $446,000

3 Beds
3 Baths
1,510 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $247,800 $164 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,572/month

68 Days on Market

Highlights

  • Gated Community
  • Two Primary Bathrooms
  • Property is near public transit
  • Thew Elementary School Rated 9+
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of December 2018

PRIME TEMPE LOCATION & VALUE! PRICED FOR IMMEDIATE SALE! SHARP MOVE-IN READY CONDITION: NEW CARPET & PAINT. RARE 3 BEDROOM 3 BATH DESIGN WITH 2 CAR GARAGE & LOCATED IN PRIVATE (46) UNIT GATED TOWNHOUSE COMMUNITY! FLOOR PLAN FEATURES MAIN LEVEL 3RD BDRM (IDEAL DEN/OFFICE), GREAT ROOM WITH VAULTED CEILING & WOOD FLOORING. LIGHT & BRIGHT KITCHEN WITH CORIAN COUNTERS, WHITE CABINETS & UPGRADED KITCHEN FAUCET. REFRIGERATOR, WASHER & DRYER INCLUDED! OVERSIZE BACKYARD! 2ND LEVEL FEATURES 2 MASTER SUITES & 2 BATHS! MAIN MASTER SUITE FEATURES SEPARATE SHOWER & TUB, DOUBLE SINKS, WALK-CLOSET, & PRIVATE BALCONY! TERRIFIC LOCATION WITH GREAT PROXIMITY TO ASU, FREEWAY, TEMPE MARKETPLACE, & SO MUCH MORE! MOVE IN READY! SUBMIT ALL OFFERS NOW FOR SELLER REVIEW & APPROVAL.

Last Agent to Sell the Property

Jeffrey Miller

AZ Brokerage Holdings, LLC License #SA020707000 Listed on: 09/04/2018

Co-Listed By

Ruth Miller

AZ Brokerage Holdings, LLC License #SA029192000

Last Buyer's Agent

Courtney Blair

Keller Williams Realty Phoenix

Keller Williams Realty Phoenix

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 2002

Lot Details

  • 2,141 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Block Wall Fence

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,510 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Flora Thew 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 36
  • Assessor Parcel Number 132-68-278

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), trash
  • Rio Ventana HOA
  • Rio Ventana Townhomes Subdivision, Move In Ready Floorplan

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,881

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: UNIVERSITY & PRICE
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 165.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2017
  • Directions: W ON UNIVERSITY (PAST RIVER RD & TESLA DEALERSHIP) TO GATED 2027 RIO VENTANA ENTRY, S TO VISITOR PARKING & COMMUNITY POOL, & THEN S TO UNIT 116 ON EAST SIDE OF STREET.
  • Master Model: MOVE IN READY
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 165.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1510.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: RIO VENTANA HOA
  • Phone: 000-000-0000
  • 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 HOA
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Trash

Schools

  • Elementary School: Flora Thew 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: 2141.0
  • Parcel #: 132-68-278

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1881.0
  • Tax Book Number: 132.00
  • Tax Lot: 36
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Dec 14, 2018
Sold by
Giovino James M and Giovino Robin E
Bought by
Boyce Schuyler V and Boyce Gloria C
Seller's Agent
Jeffrey Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Courtney Blair
Keller Williams Realty Phoenix
List Price
$269,900
Sold Price
$247,800
Premium/Discount to List
-$22,100
-8.19%
Current Estimated Value
$419,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,554
Avg. Annual Appreciation
8.06%
Original Mortgage
$196,800
Outstanding Balance
$173,731
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$245,623

Purchase Details

Listed on
Aug 3, 2011
Closed on
May 14, 2012
Sold by
Miller David F and Miller Brian R
Bought by
Giovino James M and Giovino Robin E
Seller's Agent
Jeannie Rebuck
My Home Group Real Estate
Buyer's Agent
Nina Michalic
Coldwell Banker Realty
List Price
$175,000
Sold Price
$162,000
Premium/Discount to List
-$13,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$129,600
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
Rio Ventana Townhomes Tempe Llc
Bought by
Miller David F and Miller Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,600
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2002
Sold by
Miller Patrice
Bought by
Miller David F
Source: Public Records

Range of Values:

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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
Boyce Schuyler V $247,800 Fidelity National Title Agen
Giovino James M $162,000 Equity Title Agency Inc
Miller David F $191,001 Capital Title Agency
Miller David F -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyce Schuyler V $196,800
Previous Owner Giovino James M $129,600
Previous Owner Miller David F $150,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $247,800 -2.8% $164 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
10/30/2018 10/30/18 Price Changed $254,900 -1.9% $169 / Sq Ft
09/24/2018 09/24/18 Price Changed $259,900 -3.7% $172 / Sq Ft
09/04/2018 09/04/18 For Sale $269,900 +66.6% $179 / Sq Ft
05/14/2012 05/14/12 Sold $162,000 -7.4% $107 / Sq Ft
10/14/2011 10/14/11 For Sale $175,000 +8.0% $116 / Sq Ft
09/06/2011 09/06/11 Off Market $162,000 -- --
08/22/2011 08/22/11 Price Changed $175,000 -11.6% $116 / Sq Ft
08/03/2011 08/03/11 For Sale $198,000 -- $131 / 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 $2,191 $19,557 -- --
2024 $2,164 $18,626 -- --
2023 $2,164 $29,070 $5,810 $23,260
2022 $2,076 $23,620 $4,720 $18,900
2021 $2,090 $21,620 $4,320 $17,300
2020 $2,027 $21,130 $4,220 $16,910
2019 $1,989 $19,520 $3,900 $15,620
2018 $1,939 $18,630 $3,720 $14,910
2017 $1,881 $16,470 $3,290 $13,180
2016 $1,868 $15,970 $3,190 $12,780
2015 $1,794 $16,120 $3,220 $12,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeffrey Miller

    Realty Executives

  • R

    Seller Co-Listing Agent in 2018

    Ruth Miller

    Realty Executives

  • C

    Buyer's Agent in 2018

    Courtney Blair

    Keller Williams Realty Phoenix

    Section Image
  • Jeannie Rebuck

    Seller's Agent in 2012

    Jeannie Rebuck

    My Home Group

    (602) 369-3856

    19 Total Sales

    Jeannie Rebuck
    Section Image

  • N

    Buyer's Agent in 2012

    Nina Michalic

    Coldwell Banker Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5815412

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-278

Arizona Maricopa County Tempe 85281 Apache

2027 E University Dr Unit 116, Tempe, AZ

This home is located at 2027 E University Dr Unit 116, Tempe, AZ 85288 since 04 September 2018 and is currently estimated at $419,354, approximately $277 per square foot. This property was built in 2002. 2027 E University Dr Unit 116 is a home located in Maricopa County with nearby schools including Thew Elementary School, Connolly Middle School, and McClintock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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