NOT LISTED FOR SALE

2027 E University Dr Unit 130 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $370,763 - $391,000

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

Last Sold June 07, 2017

Last sale price $202,000 $155 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,449/month

28 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 2 Car Direct Access Garage
  • Contemporary Architecture
  • Community Pool
  • Eat-In Kitchen

About This Home

As of June 2017

***FANTASTIC RIO VENTANA TOWNHOME*** Located in a GATED COMMUNITY with a sparkling COMMUNITY POOL & SPA and
a GRASSY PICNIC AREA. You'll want to make this a property YOU SHOW BUYERS in this price range, it would make a GREAT INVESTMENT! An IMMACULATE 2br, 2.5ba, 2CGarage townhome with EASY TO MAINTAIN YARD. LOVELY PATIO for ENTERTAINING FAMILY & FRIENDS. A PERFECT STARTER, FAMILY or RETIREMENT HOME. OPEN KITCHEN with generous PANTRY, WOOD CABINETS and STAINLESS STEELE APPLIANCES, TRACK LIGHTING, lots of useable COUNTERTOP space and opens to the GREAT ROOM! VAULTED CEILINGS with CEILING FANS throughout, TILE FLOORS too! PLUS....POPULAR Tempe area close to ASU, Tempe Town Lake, and shopping

Last Listed By

Stephen Horn

Keller Williams Realty Phoenix License #SA518040000 Listed on: 04/13/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 132-68-264

Community Details

Overview

  • Association fees include (see remarks), trash
  • Norma Lund Association
  • Built by Del Mar Homes
  • Rio Ventana Townhomes Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,564

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: S McClintock Dr & E University 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
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2016
  • Directions: N on McClintock, Rt University. Property will be on right.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: kwrp001
  • Co List Office Phone: 480-768-9333
  • 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
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1300.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • 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
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Dirt 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: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: 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, Community Pool, Biking/Walking Path
  • Amenities: None
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana HOA
  • Phone: unknown
  • 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: unknown
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Norma Lund
  • 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: Other (See Remarks), Trash

Schools

  • 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: 1512.0
  • Parcel #: 132-68-264
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Del Mar Homes

Tax Info

  • Tax Annual Amount: 1564.0
  • Tax Book Number: 132.00
  • Tax Lot: 22
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Magna Samuel P La and Magna Patricia C
Bought by
Magna4 Llc
Total Days on Market
28
Current Estimated Value
$382,441

Purchase Details

Closed on
Nov 28, 2017
Sold by
Magna Samuel P La
Bought by
Magna Samuel P La and Magna Patricia C La

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 1, 2017
Sold by
Wulbert Mark L and Wulbert Penny L
Bought by
Magna Samuel P La
Seller's Agent
Stephen Horn
Keller Williams Realty Phoenix
Buyer's Agent
Nancy Minniti
HomeSmart
List Price
$215,000
Sold Price
$202,000
Premium/Discount to List
-$13,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$151,500
Outstanding Balance
$127,549
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$254,892

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 23, 2017
Sold by
Magna Samuel P La
Bought by
Magna Patrica C La
Seller's Agent
Stephen Horn
Keller Williams Realty Phoenix
Buyer's Agent
Nancy Minniti
HomeSmart
List Price
$215,000
Sold Price
$202,000
Premium/Discount to List
-$13,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Outstanding Balance
$127,549
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$254,892

Purchase Details

Closed on
Jun 11, 2002
Sold by
Rio Ventana Townhomes Tempe Llc
Bought by
Wulbert Mark L and Wulbert Penny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.09%
Mortgage Type
New Conventional

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
Magna4 Llc -- None Available
Magna Samuel P La -- None Available
Magna Samuel P La $202,000 Equity Title Agency Inc
Magna Patrica C La -- Equity Title Agency Llc
Wulbert Mark L $169,770 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magna Samuel P La $151,500
Previous Owner Stavropoulos Panos N $120,300
Previous Owner Stavropoulos Panos N $130,000
Previous Owner Wulbert Mark L $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $202,000 -2.7% $155 / Sq Ft
05/01/2017 05/01/17 Price Changed $207,500 -3.5% $160 / Sq Ft
04/13/2017 04/13/17 For Sale $215,000 -- $165 / 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 $1,575 $13,970 $2,790 $11,180
2016 $1,564 $13,280 $2,650 $10,630
2015 $1,502 $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: 5590255

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-264