NOT LISTED FOR SALE

2027 E University Dr Unit 116 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $399,000 - $444,000

3 Beds
3 Baths
1,510 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 19, 2018

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

Est. 71% increase in value since last sale

Current estimated payment $2,705/month

68 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Vaulted Ceiling
  • Two Primary Bathrooms
  • Property is near public transit
  • Wood Flooring

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 Listed By

Jeffrey Miller

Realty Executives License #SA020707000 Listed on: 09/04/2018

Realty Executives

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

  • Refrigerated Cooling System
  • 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
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 165.0
  • 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: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1510.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Amenities: Management
  • 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
  • ResoLotSizeUnits: SquareFeet

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
Realty Executives
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%
Total Days on Market
68
Current Estimated Value
$423,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,341
Avg. Annual Appreciation
8.69%
Original Mortgage
$196,800
Outstanding Balance
$175,386
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$247,755

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

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
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 7115 E Baseline Llc $740,000
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5815412

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-278