$215,000
SOLD AUG 24, 2018

2027 E University Dr Unit 122 Tempe, AZ 85288

Apache Neighborhood
2 Beds
2.5 Baths
1,300 Sq Ft
$165/mo HOA Fee

Recently Sold

$165 Per Sq Ft

5% Below List Price

13 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Community Pool
  • Thew Elementary School Rated 9+
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of June 2019

THIS IS A FANTASTIC GATED COMMUNITY AND A BETTER LOCATION. THIS 2 BEDROOM, 2.5 BATH, 2 CAR GARAGE TOWNHOME IS NEAR ASU AND HAS A LOT TO OFFER FOR THIS PRICE. THIS UNIT HAS VAULTED CEILINGS DOWNSTAIRS, LARGE HALF BATHROOM, COAT/STORAGE CLOSET. KITCHEN HAS OAK CABINETS, GRANITE COUNTERTOPS WITH PLENTY OF COUNTER SPACE AND OVERLOOKS THE LIVING ROOM. ALL OF DOWNSTAIRS IN THIS UNIT IS TILE FLOORING. THERE IS A SMALL NOOK OFF OF LIVING ROOM, PERFECT FOR DESK/OFFICE SPACE. LARGE SLIDING DOOR OFF OF LIVING ROOM THAT LEADS TO COZY BACKYARD, NICELY LANDSCAPED WITH PAVERS AND ROCK AND COVERED PERGOLA; SURROUNDED BY BLOCK WALL. A/C UNIT WAS REPLACED IN 2017. PLUSH NEW CARPET UPSTAIRS AS OF 2018 AND WATER HEATER REPLACED IN 2015. UPSTAIRS YOU WILL FIND **CLICK MORE FOR MORE DESCRIPTION*** UPSTAIRS YOU WILL FIND A LOFT, POSSIBLY USED FOR AN OFFICE, ADDITIONAL LIVING SPACE OR MURPHY BED. ALSO UPSTAIRS YOU'LL FIND THE LAUNDRY ROOM, 2ND FULL BATHROOM, 2ND BEDROOM AND LARGE MASTER BEDROOM WITH WALK IN CLOSET. THE MASTER BATHROOM INCLUDES A SEPARATE TUB AND SHOWER, 2 SINKS AND TILE FLOORING. OTHER FEATURES IN THIS HOME INCLUDE CEILING FANS THROUGHOUT, 6 PANEL DOORS, 9' CEILINGS UPSTAIRS, 2" BLINDS, EPOXY FLOORING IN GARAGE WITH BUILT IN CABINETS FOR STORAGE, WASHER, DRYER AND REFRIGERATOR, COMMUNITY POOL AND SPA. THIS HOME IS MOVE IN READY, NEAR COFFEE SHOPS, NIGHT LIFE, FREEWAYS, LIGHT RAIL, ASU AND SO MUCH MORE.

Last Agent to Sell the Property

Ryan Rosscup

Realty ONE Group License #BR534114000 Listed on: 08/03/2018

Last Buyer's Agent

Michael Aanenson

K & C Realty LLC License #SA649960000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,638

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

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
  • 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

Schools

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

Utilities

  • Central Air
  • 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, (see remarks), 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

$1,638

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 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: 2017
  • 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
  • Association Fees:HOA Fee2: 165.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • 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: Granite Counters, Double Vanity, Upstairs, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1300.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block
  • Exterior Features: Other, Private Street(s)
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Other, 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
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Garage Door Opener: 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: Gated, Community Spa Htd, Community Pool
  • 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
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

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

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1638.0
  • 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
Current Estimated Value
$378,420

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
7.80%

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
6.66%
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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $235,000 Driggs Title Agency Inc
Warranty Deed $215,000 Fidelity National Title Agen
Interfamily Deed Transfer -- None Available
Warranty Deed $175,000 Old Republic Title Agency
Warranty Deed $165,000 Stewart Title & Trust Of Pho
Special Warranty Deed $122,250 Lawyers Title Of Arizona Inc
Trustee Deed $93,747 Lsi Title Company
Warranty Deed $189,900 First American Title Ins Co
Warranty Deed $171,840 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $120,000 New Conventional
Previous Owner $162,011 FHA
Previous Owner $91,680 New Conventional
Previous Owner $151,920 New Conventional
Closed $37,980 No Value Available
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: 5799776

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-272