NOT LISTED FOR SALE

2027 E University Dr Unit 122 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $372,712 - $392,000

2 Beds
2.5 Baths
1,300 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $235,000 $181 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,432/month

11 Days on Market

Highlights

  • Gated Community
  • Granite Countertops
  • Covered patio or porch
  • Vaulted Ceiling
  • Community Pool
  • Gazebo

About This Home

As of June 2019

Fabulous remodeled home in a great Tempe location. Move in ready. New wood look ceramic tile down stairs, kitchen boasts granite counter tops and brand new appliances. Two spacious bedrooms and a nice loft that is used for an office. Back yard has fake turf grass and a nice paver sitting area. Great gated neighborhood close to ASU and multiple freeways. Hurry this one won't last long.

Last Listed By

Michael Aanenson

Sound Realty License #SA649960000 Listed on: 05/08/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 2002

Lot Details

  • 1,634 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Private Streets
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch
  • Gazebo

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 132-68-272

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Rio Ventana HOA
  • Rio Ventana Townhomes Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,778

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: UNIVERSITY DR AND MCCLINTOCK DR
  • 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 Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2018
  • Directions: EAST ON UNIVERSITY DR, JUST PAST SMITH RD (LIGHT), TURN RIGHT/S INTO RIO VENTANA TOWNHOMES. UNIT TOWARDS THE END OF COMMUNITY ON THE RIGHT.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 165.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 1300.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E
  • 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:Granite Countertops: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio, Private Street(s)
  • Lot Features: Desert Front, Gravel/Stone Back, Synthetic Grass Back
  • 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: Foam, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool
  • Amenities: Rental OK (See Rmks)
  • 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:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

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: 1634.0
  • Parcel #: 132-68-272
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1778.21
  • Tax Book Number: 132.00
  • Tax Lot: 30
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Wang Lu and Liu Ying
Bought by
Wang Helin
Total Days on Market
11
Current Estimated Value
$382,678

Purchase Details

Listed on
May 8, 2019
Closed on
May 29, 2019
Sold by
Mike Mike Mike Llc
Bought by
Wang Lu and Liu Ying
Seller's Agent
Michael Aanenson
Sound Realty
Buyer's Agent
Michael Aanenson
K & C Realty LLC
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 22, 2018
Sold by
Smith William Kerme and Smith Tara
Bought by
Mike Mike Mike Llc
Seller's Agent
Ryan Rosscup
Realty ONE Group
Buyer's Agent
Michael Aanenson
K & C Realty LLC
List Price
$226,000
Sold Price
$215,000
Premium/Discount to List
-$11,000
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2014
Sold by
Smith William K and Smith Tara L
Bought by
Smith William Kerme and Smith Tara

Purchase Details

Listed on
Sep 25, 2013
Closed on
Sep 30, 2013
Sold by
Kilgore Clyde William and Kilgore Eva Elaine
Bought by
Smith William K and Smith Tara L
Seller's Agent
Jay Riggs
Homelogic Real Estate
Buyer's Agent
Ryan Rosscup
Realty ONE Group
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$120,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2013
Closed on
Sep 17, 2013
Sold by
Kilgore Clyde William and Kilgore Eva Elaine
Bought by
Williams Shawn D
Seller's Agent
Jay Riggs
Homelogic Real Estate
Buyer's Agent
Ryan Rosscup
Realty ONE Group
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kilgore Clyde William and Kilgore Eva Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,680
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Hernandez Tina
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 23, 2004
Sold by
Mershon Paul J
Bought by
Hernandez Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Rio Ventana Townhomes Tempe Llc
Bought by
Mershon Paul J

Purchase Details

Closed on
May 6, 2002
Sold by
Hummel Deborah Mershon
Bought by
Mershon Paul J

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
Wang Helin -- None Listed On Document
Wang Lu $235,000 Driggs Title Agency Inc
Mike Mike Mike Llc $215,000 Fidelity National Title Agen
Smith William Kerme -- None Available
Smith William K $175,000 Old Republic Title Agency
Williams Shawn D $165,000 Stewart Title & Trust Of Pho
Kilgore Clyde William $122,250 Lawyers Title Of Arizona Inc
Federal Home Loan Mortgage Corporation $93,747 Lsi Title Company
Hernandez Tina $189,900 First American Title Ins Co
Mershon Paul J $171,840 Capital Title Agency Inc
Mershon Paul J -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mike Mike Mike Llc $200,000
Previous Owner Smith William K $120,000
Previous Owner Williams Shawn D $162,011
Previous Owner Kilgore Clyde William $91,680
Previous Owner Hernandez Tina $151,920
Closed Hernandez Tina $37,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $235,000 -2.0% $181 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $239,900 +11.6% $185 / Sq Ft
08/24/2018 08/24/18 Sold $215,000 -4.9% $165 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $226,000 +29.1% $174 / Sq Ft
10/15/2013 10/15/13 Sold $175,000 0.0% $135 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $175,000 -- $135 / 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 $1,622 $17,026 -- --
2024 $1,629 $16,216 -- --
2023 $1,629 $26,460 $5,290 $21,170
2022 $1,555 $21,310 $4,260 $17,050
2021 $1,586 $19,520 $3,900 $15,620
2020 $1,533 $18,910 $3,780 $15,130
2019 $1,504 $17,360 $3,470 $13,890
2018 $1,688 $16,530 $3,300 $13,230
2017 $1,638 $14,500 $2,900 $11,600
2016 $1,626 $13,810 $2,760 $11,050
2015 $1,562 $13,900 $2,780 $11,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5924516

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-272