NOT LISTED FOR SALE

2027 E University Dr Unit 124 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $356,131 - $387,000

2 Beds
2.5 Baths
1,230 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $210,000 $171 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,293/month

93 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Patio
  • Thew Elementary School Rated 9+
  • Dual Vanity Sinks in Primary Bathroom
  • Security System Owned

About This Home

As of March 2018

Enjoy living walking distance from the community pool and spa at this Tempe townhouse! Inside find fresh interior paint, and a private patio out back. Upstairs, the Master suite features a walk-in closet and a dual sink vanity in the en suite bathroom. 2 car garage and in close proximity to freeways.

Home comes with a 30-day satisfaction guarantee. Terms and conditions apply.

Last Agent to Sell the Property

Jacqueline Moore

Opendoor Brokerage, LLC License #SA662341000 Listed on: 11/09/2017

Last Buyer's Agent

Taylor Link

R & C Real Estate Investments, LLC License #BR047660000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2002

Lot Details

  • 1,523

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Security System Owned
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Flora Thew Elementary School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Patio
  • 1,523 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 132-68-270

Community Details

Overview

  • Association fees include ground maintenance
  • Rio Ventana Townhome Association, Phone Number (480) 446-9077
  • Rio Ventana Townhomes Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,363

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: E University Dr and S Price Rd
  • 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2017
  • 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: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 1230.0
  • Stories: 2
  • 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
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa, Community Pool
  • Amenities: Management
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana Townhome
  • Phone: 480-446-9077
  • 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 Townhome
  • Association Fees:HOA Telephone4: 4804469077
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Flora Thew Elementary School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1523.0
  • Parcel #: 132-68-270
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1363.0
  • Tax Book Number: 132.00
  • Tax Lot: 28
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Adl Properties Llc
Bought by
Leung Tim K and Leung Alisha D
Current Estimated Value
$372,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$138,510
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$234,023

Purchase Details

Listed on
Nov 9, 2017
Closed on
Apr 14, 2018
Sold by
Leung Tim K and Leung Alisha D
Bought by
Adl Properties Llc
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Taylor Link
R & C Real Estate Investments, LLC
List Price
$222,000
Sold Price
$210,000
Premium/Discount to List
-$12,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$157,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 14, 2018
Sold by
Od Arizona D Llc
Bought by
Leung Tim K and Leung Alisha D
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Taylor Link
R & C Real Estate Investments, LLC
List Price
$222,000
Sold Price
$210,000
Premium/Discount to List
-$12,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Dela Reussille Todd and De La Reussille Carole
Bought by
Rathjen John W and Rathjen Luann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Delareussille Carole A
Bought by
Delareussille Todd and Delareussille Carole A

Purchase Details

Closed on
Jul 29, 2002
Sold by
Delareussille Todd
Bought by
Delareussille Carole A
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
Leung Tim K -- Security Title
Adl Properties Llc -- None Available
Leung Tim K $210,000 None Available
Rathjen John W $225,000 Dhi Title Of Arizona Inc
Delareussille Todd -- Capital Title Agency Inc
Delareussille Carole A -- Capital Title Agency Inc
Delareussille Carole A $162,576 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Tim K $155,000
Previous Owner Leung Tim K $157,500
Previous Owner Rathjen John W $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $210,000 -3.2% $171 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $217,000 -0.5% $176 / Sq Ft
01/12/2018 01/12/18 Price Changed $218,000 -0.5% $177 / Sq Ft
01/04/2018 01/04/18 Price Changed $219,000 -0.5% $178 / Sq Ft
12/14/2017 12/14/17 Price Changed $220,000 -0.5% $179 / Sq Ft
11/30/2017 11/30/17 Price Changed $221,000 -0.5% $180 / Sq Ft
11/09/2017 11/09/17 For Sale $222,000 -- $180 / 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 $1,833 $16,368 -- --
2024 $1,811 $15,588 -- --
2023 $1,811 $25,760 $5,150 $20,610
2022 $1,737 $20,720 $4,140 $16,580
2021 $1,750 $18,970 $3,790 $15,180
2020 $1,697 $18,320 $3,660 $14,660
2019 $1,664 $16,780 $3,350 $13,430
2018 $1,623 $15,970 $3,190 $12,780
2017 $1,363 $13,970 $2,790 $11,180
2016 $1,357 $13,280 $2,650 $10,630
2015 $1,312 $13,350 $2,670 $10,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5686887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-270