NOT LISTED FOR SALE

2027 E University Dr Unit 141 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $366,000 - $398,000

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

Last Sold April 29, 2024

Last sale price $380,000 $293 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,338/month

37 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Dual Vanity Sinks in Primary Bathroom
  • Vaulted Ceiling
  • 2 Car Direct Access Garage
  • Solar Screens

About This Home

As of April 2024

Well laid out townhome in a quite gated community, conveniently located to freeway access, ASU, dining & entertainment. The main floor has high ceilings to let the natural light in & features the kitchen, dining, half bath & living area. Upstairs is a generous loft area, 2 bedrooms, 2 bathrooms & conveniently located laundry room. Backyard boasts a nice size patio w/ flagstone, mature vegetation & space for a garden and dog run. Attached 2-car garage with outlet for EV charging. This property is conveniently located across from the community pool & spa. This is a rare find for under $400k.

Last Agent to Sell the Property

Jay Patel

RETHINK Real Estate Brokerage Phone: 623-888-6210 License #SA539421000 Listed on: 02/20/2024

Last Buyer's Agent

Randy Wiest

DPR Realty LLC License #SA562596000

DPR Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 2002

Lot Details

  • 1,948 Sq Ft Lot
  • Two or More Common Walls
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens

Kitchen

  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • 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

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 132-68-253

Community Details

Overview

  • Association fees include ground maintenance
  • Rio Ventana HOA, Phone Number (480) 446-9077
  • Built by Del-Mar Homes
  • Rio Ventana Townhomes Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,629

Year Built

Built in 2002

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Cross Street: 101 & University Dr.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 190.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2023
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 190.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
  • Living Area: 1299.0
  • Stories: 2
  • Window Features: Solar Screens
  • 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 Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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, Biking/Walking Path
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana HOA
  • Phone: 480-446-9077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rio Ventana HOA
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 570.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 50.0
  • Association Fees:Other Fees Description: Inspection fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Special Assessment Amount Owed: 500.0
  • Association Fees:Special Assessment Frequency: Annually
  • Association Fees:Payment Start Date: 2024-02-26
  • Association Fees:Payment End Date: 2024-03-29

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: 1948.0
  • Parcel #: 132-68-253

Building Info

  • Builder Name: Del-Mar Homes

Tax Info

  • Tax Annual Amount: 1629.0
  • Tax Book Number: 132.00
  • Tax Lot: 11
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 29, 2024
Sold by
Hadley Kevin Wyatt
Bought by
Eddington Nicholas and Eddington Matthew
Seller's Agent
Jay Patel
RETHINK Real Estate
Buyer's Agent
Randy Wiest
DPR Realty LLC
List Price
$397,000
Sold Price
$380,000
Premium/Discount to List
-$17,000
-4.28%
Views
60
Current Estimated Value
$382,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,006
Avg. Annual Appreciation
0.35%
Original Mortgage
$388,170
Outstanding Balance
$382,580
Interest Rate
6.74%
Mortgage Type
VA
Estimated Equity
-$574

Purchase Details

Listed on
Sep 9, 2019
Closed on
Sep 23, 2019
Sold by
Schneider Scott D and Schneider Tammy L
Bought by
Hadley Kevin Wyatt
Seller's Agent
Johnny Nicholson
Redfin Corporation
Buyer's Agent
Sharon Blais
RETHINK Real Estate
List Price
$244,000
Sold Price
$244,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$236,680
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2002
Sold by
Rio Ventana Townhomes Tempe Llc
Bought by
Schneider Scott D and Schneider Tammy L
Source: Public Records

Range of Values:

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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
Eddington Nicholas $380,000 Pioneer Title Agency
Hadley Kevin Wyatt $244,000 Old Republic Title Agency
Schneider Scott D $169,237 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddington Nicholas $388,170
Previous Owner Hadley Kevin Wyatt $236,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $380,000 -4.3% $293 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $397,000 +62.7% $306 / Sq Ft
10/17/2019 10/17/19 Sold $244,000 0.0% $188 / Sq Ft View Prior Sale
09/09/2019 09/09/19 For Sale $244,000 -- $188 / 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 $1,775 $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 $1,731 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6666342

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-253