NOT LISTED FOR SALE

2027 E University Dr Unit 140 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $373,599 - $399,000

2 Beds
2.5 Baths
1,299 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $370,000 $285 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,289/month

7 Days on Market

Highlights

  • Gated Community
  • Heated Community Pool
  • Dual Vanity Sinks in Primary Bathroom
  • Granite Countertops
  • Double Pane Windows
  • Breakfast Bar

About This Home

As of September 2021

Beautiful townhome located in the gated Rio Ventana Community in the heart of Tempe, minutes from the ASU Campus. This home is directly across from the community pool and hot tub, perfect for relaxing with family and friends. The large kitchen features granite countertops, rebuilt cabinetry, under mount sink, breakfast bar, pantry and newer recessed lighting. This home also features a spacious loft with built-desk and cabinetry, a two car garage and newer AC unit. The master suite features a large walk-in closet with built-ins. The master en-suite features dual sinks, separate tub and shower, with a private toilet, The large backyard includes flagstone patio, newer turf, bistro lighting and low maintenance landscaping! This home won't last long!

Last Agent to Sell the Property

James Oestmann

W and Partners, LLC License #SA682490000 Listed on: 08/06/2021

W and Partners, LLC

Last Buyer's Agent

Ruben Sanchez

HomeSmart License #SA625580000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 2002

Lot Details

  • 2,292 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • 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

Schools

  • Curry Elementary School
  • Connolly Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 132-68-254

Community Details

Overview

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

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,533

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: University Dr & 101 fwy
  • 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: 2017
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2020
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 284.83
  • Association Fees:HOA Fee2: 165.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1299.0
  • Stories: 2
  • Window Features: 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:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Other, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana
  • 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
  • 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: Curry Elementary School
  • High School: Tempe 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: 2292.0
  • Parcel #: 132-68-254

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1533.0
  • Tax Book Number: 132.00
  • Tax Lot: 12
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 8, 2021
Sold by
Hernandez Adrian P
Bought by
Ferrera Pamela Kristine
Seller's Agent
James Oestmann
W and Partners, LLC
Buyer's Agent
Ruben Sanchez
HomeSmart
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$375,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,700
Avg. Annual Appreciation
0.76%
Original Mortgage
$333,000
Outstanding Balance
$302,553
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$79,597

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 25, 2020
Sold by
Cress Curt W and Cress Bobbi L
Bought by
Hernandez Adrian P
Seller's Agent
Jeffrey Sibbach
eXp Realty
Buyer's Agent
Shannon Ellermann
RETSY
List Price
$288,500
Sold Price
$275,000
Premium/Discount to List
-$13,500
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.37%
Original Mortgage
$192,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Martin Robert E and Martin Kaye B
Bought by
Cress Coby Daniel and Cress Curt W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Pajerski Stanley and Pajerski Janice
Bought by
Martin Robert E and Martin Kaye B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferrera Pamela Kristine $370,000 Magnus Title Agency Llc
Hernandez Adrian P $275,000 Fidelity Natl Ttl Agcy Inc
Cress Coby Daniel $279,000 Grand Canyon Title Agency In
Martin Robert E $183,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrera Pamela Kristine $333,000
Previous Owner Hernandez Adrian P $192,500
Previous Owner Cress Coby Daniel $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $370,000 0.0% $285 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $370,000 +34.5% $285 / Sq Ft
03/31/2020 03/31/20 Sold $275,000 -4.7% $212 / Sq Ft View Prior Sale
02/14/2020 02/14/20 For Sale $288,500 0.0% $222 / Sq Ft
08/01/2012 08/01/12 Rented $1,150 -8.0% --
07/12/2012 07/12/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $1,250 -- --
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 $1,775 $17,026 -- --
2024 $1,629 $16,216 -- --
2023 $1,629 $26,720 $5,340 $21,380
2022 $1,555 $21,510 $4,300 $17,210
2021 $1,586 $19,720 $3,940 $15,780
2020 $1,533 $19,100 $3,820 $15,280
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 $13,820 $2,760 $11,060
2015 $1,562 $13,910 $2,780 $11,130
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Oestmann

    W and Partners, LLC

    (602) 953-4000

    1 in this area

    15 Total Sales

    James Oestmann
    Section Image
  • Ruben Sanchez

    Buyer's Agent in 2021

    Ruben Sanchez

    HomeSmart

    (480) 861-9306

    1 in this area

    44 Total Sales

    Ruben Sanchez
    Section Image
  • Jeffrey Sibbach

    Seller's Agent in 2020

    Jeffrey Sibbach

    eXp Realty

    (602) 329-9732

    3 in this area

    704 Total Sales

    Jeffrey Sibbach
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Cami Beckley

    eXp Realty

  • Shannon Ellermann

    Buyer's Agent in 2020

    Shannon Ellermann

    RETSY

    (310) 779-8792

    48 Total Sales

    Shannon Ellermann
    Section Image
  • Kimberly Lowe

    Buyer Co-Listing Agent in 2020

    Kimberly Lowe

    The Agency

    (480) 363-1622

    88 Total Sales

    Kimberly Lowe
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6275543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-254

Arizona Maricopa County Tempe 85281 Apache

2027 E University Dr Unit 140, Tempe, AZ

Not Listed for Sale

Townhouses

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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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