NOT LISTED FOR SALE

2027 E University Dr Unit 118 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $385,000 - $463,000

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

Last Sold September 18, 2017

Last sale price $240,000 $159 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,397/month

5 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Vaulted Ceiling
  • Thew Elementary School Rated 9+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2017

Incredible opportunity for a true 3 bedroom townhouse with large master bathroom, upstairs guest bath, and downstairs bathroom with shower! Custom oak hardwood staircase, tile, and carpet in all the right places! All appliances included, as well as the back yard grill and smoker! Spacious bedrooms with over-sized closets! You'll love having a full 2 car garage with plenty of included storage shelving. Larger back yard with additional concrete patio space with plenty of room for entertaining.You'll love Rio Ventana - a tucked away peaceful gated community with a great pool and nearby to everything you need! Just a short trip to ASU, Tempe Marketplace, and loads of other shopping!

Last Agent to Sell the Property

Bill Harden

HomeSmart License #SA637008000 Listed on: 08/18/2017

HomeSmart

Last Buyer's Agent

Mark Hardy

DPR Realty LLC License #SA637356000

DPR Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 2002

Lot Details

  • 2,134 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Heated Spa
  • Patio

Location

  • Property is near a bus stop

Schools

  • Cecil Shamley 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 34
  • Assessor Parcel Number 132-68-276

Community Details

Overview

  • Property has a Home Owners Association
  • Rio Ventana HOA
  • Rio Ventana Townhomes Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,868

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Cross Street: McClintock & University
  • Legal Info Range: 4E
  • Property Type: Residential
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2017
  • Directions: East on University, South to Rio Ventana Community gate. Straight through the gate, home on the left.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.05
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 165.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:_two_20 V Dryer Hookup: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1510.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Metal, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Laundry:In Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: 220 V Dryer Hookup, Dryer Included, In Garage, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Pool
  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana HOA
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rio Ventana HOA
  • Association Fees:HOA Telephone4: N/A
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2134.0
  • Parcel #: 132-68-276
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1868.0
  • Tax Book Number: 132.00
  • Tax Lot: 34
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Hung Cheng Siu and Ling Carmen
Bought by
Cheng Rachel Yan and Cheng Abbie Wing-Nga
Current Estimated Value
$422,519

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 15, 2017
Sold by
Hung Cheng Siu and Ling Carmen
Bought by
Cheng Rachel Yan and Cheng Abbie Wing-Nga
Seller's Agent
Bill Harden
HomeSmart
Buyer's Agent
Mark Hardy
DPR Realty LLC
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 14, 2017
Sold by
2027 University Holdings Llc
Bought by
Cheng Siu Hung and Cheng Carmen Yin Ling
Seller's Agent
Bill Harden
HomeSmart
Buyer's Agent
Mark Hardy
DPR Realty LLC
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%

Purchase Details

Closed on
Apr 12, 2014
Sold by
Quinn Larry C and Mackey Tracy M
Bought by
2027 University Holdings Llc

Purchase Details

Closed on
Mar 5, 2012
Sold by
2027 University Holdings Llc
Bought by
Quinn Larry C and Mackey Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,550
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Quinn Larry C and Mackey Tracy M
Bought by
2027 University Holdings Llc

Purchase Details

Closed on
Jan 16, 2008
Sold by
Quinn Larry C and Mackey Tracy
Bought by
Quinn Larry C and Mackey Tracy M

Purchase Details

Closed on
May 8, 2006
Sold by
Woodhouse Robert R and Woodhouse Blanca
Bought by
Quinn Larry C and Mackey Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,800
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2002
Sold by
Rio Ventana Townhomes Temple Llc
Bought by
Woodhouse Robert R and Woodhouse Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,250
Interest Rate
6.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cheng Rachel Yan -- --
Cheng Rachel Yan -- --
Cheng Rachel Yan -- --
Cheng Siu Hung $240,000 Wfg National Title Insurance
2027 University Holdings Llc -- None Available
Quinn Larry C -- Franklin Title Agency
2027 University Holdings Llc -- None Available
Quinn Larry C -- None Available
Quinn Larry C $298,500 Fidelity National Title
Woodhouse Robert R $183,632 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinn Larry C $201,550
Previous Owner Quinn Larry C $238,800
Previous Owner Woodhouse Robert R $165,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $240,000 -2.0% $159 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $244,900 -- $162 / 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 $1,879 $19,557 -- --
2024 $1,871 $18,626 -- --
2023 $1,871 $29,070 $5,810 $23,260
2022 $1,787 $23,620 $4,720 $18,900
2021 $1,822 $21,620 $4,320 $17,300
2020 $1,761 $21,130 $4,220 $16,910
2019 $1,728 $19,520 $3,900 $15,620
2018 $1,681 $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

  • Bill Harden

    Seller's Agent in 2017

    Bill Harden

    HomeSmart

    (480) 329-0628

    42 Total Sales

    Bill Harden
    Section Image
  • Mark Hardy

    Buyer's Agent in 2017

    Mark Hardy

    DPR Realty

    (480) 773-5195

    74 Total Sales

    Mark Hardy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5648171

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-276

Arizona Maricopa County Tempe 85281 Apache

2027 E University Dr Unit 118, Tempe, AZ

This home is located at 2027 E University Dr Unit 118, Tempe, AZ 85288 since 18 August 2017 and is currently estimated at $422,519, approximately $279 per square foot. This property was built in 2002. 2027 E University Dr Unit 118 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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