NOT LISTED FOR SALE

2027 E University Dr Unit 145 Tempe, AZ 85288

Apache Neighborhood

Estimated Value: $363,052 - $398,000

2 Beds
2.5 Baths
1,300 Sq Ft
$294/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $227,000 $175 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,331/month

8 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Community Pool
  • Thew Elementary School Rated 9+
  • Vaulted Ceiling
  • 2 Car Direct Access Garage

About This Home

As of November 2018

Beautiful renovation recently completed at Rio Ventana Townhomes Community. 2 bedroom, 2 1/2 bath, two level unit with two car garage just received complete interior paint, all new top-of-the-line stainless steel appliances, all new sink, disposal and faucet, all new quartz countertops, all new window coverings throughout, all new tile flooring on first level and finally, an all new electric water heater. Stairwell/second floor have low maintenance laminate wood flooring. It has been professionally cleaned and it shows very well. Rio Ventana is a gated community and has a beautiful community pool/common area. Both the unit and the community are a great value with excellent proximity to ASU, Tempe Marketplace, 101 and the 202 freeways.

Last Agent to Sell the Property

Michael and Mari Martinez

eXp Realty License #BR039035000 Listed on: 10/17/2018

eXp Realty

Last Buyer's Agent

gina gill

HomeSmart License #SA569309000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 2002

Lot Details

  • 1,654 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • 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
  • Built-In Microwave

Flooring

  • 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

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 7
  • Assessor Parcel Number 132-68-249

Community Details

Overview

  • Association fees include sewer, street maintenance, front yard maint, trash, maintenance exterior
  • 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

$1,418

Year Built

Built in 2002

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: 101 Freeway/University
  • 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 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: 2017
  • Directions: West on University. Complex on the South side of the road just before Smith Road. The unit is on the ride side just as you pull in the gate.
  • Master Model: Unknown
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: reex02
  • Co List Office Phone: 480-355-3500
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 165.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • 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
  • Living Area: 1300.0
  • Stories: 2
  • 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
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: 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 Pool, Biking/Walking Path
  • Association Fee: 165.0
  • 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 Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rio Ventana HOA
  • Association Fees:HOA Telephone4: 480-446-9077
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Street Maint, Front Yard Maint, Trash, Maintenance Exterior

Schools

  • Elementary School: Curry Elementary School
  • High School: Tempe High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1654.0
  • Parcel #: 132-68-249

Building Info

  • Builder Name: Del Mar Homes

Tax Info

  • Tax Annual Amount: 1418.0
  • Tax Book Number: 132.00
  • Tax Lot: 7
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 8, 2018
Sold by
Mishra Pranati and Mishra Purna Chandra
Bought by
Sandhu Hardev and Sandhu Perminder
Seller's Agent
Michael and Mari Martinez
eXp Realty
Buyer's Agent
gina gill
HomeSmart
List Price
$230,000
Sold Price
$227,000
Premium/Discount to List
-$3,000
-1.3%
Current Estimated Value
$382,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,763
Avg. Annual Appreciation
7.91%
Original Mortgage
$204,300
Outstanding Balance
$179,274
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$203,489

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 24, 2015
Sold by
Allenbrand Cody W
Bought by
Mishra Sitanshu and Mishra Pranati
Seller's Agent
Jasmine Trickel
Venture Real Estate & Consulting
Buyer's Agent
Michael and Mari Martinez
eXp Realty
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$135,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2014
Closed on
Mar 10, 2015
Sold by
Perry R Brandt
Bought by
Allenbrand Cody W
Seller's Agent
Justin Baker
LPT Realty, LLC
Buyer's Agent
Jasmine Trickel
Venture Real Estate & Consulting
List Price
$169,000
Sold Price
$166,200
Premium/Discount to List
-$2,800
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Original Mortgage
$157,890
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Perry Krya B
Bought by
Perry R Brandt
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
Sandhu Hardev $227,000 Empire West Title Agency Llc
Mishra Sitanshu $175,000 Empire West Title Agency
Allenbrand Cody W $166,200 First Arizona Title Agency
Perry R Brandt -- Capital Title Agency Inc
Perry R Brandt -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhu Hardev $204,300
Previous Owner Mishra Sitanshu $135,000
Previous Owner Allenbrand Cody W $157,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $227,000 -1.3% $175 / Sq Ft
10/17/2018 10/17/18 For Sale $230,000 +31.4% $177 / Sq Ft
07/28/2015 07/28/15 Sold $175,000 -5.4% $135 / Sq Ft
06/25/2015 06/25/15 Price Changed $185,000 -2.6% $142 / Sq Ft
06/18/2015 06/18/15 For Sale $189,900 +14.3% $146 / Sq Ft
03/27/2015 03/27/15 Sold $166,200 -1.7% $128 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $169,000 +1.7% $130 / Sq Ft
10/13/2014 10/13/14 Off Market $166,200 -- --
10/06/2014 10/06/14 Price Changed $169,000 -0.5% $130 / Sq Ft
10/04/2014 10/04/14 Price Changed $169,900 -2.6% $131 / Sq Ft
09/21/2014 09/21/14 Price Changed $174,500 -0.2% $134 / Sq Ft
08/27/2014 08/27/14 For Sale $174,900 +5.2% $135 / Sq Ft
06/18/2014 06/18/14 Off Market $166,200 -- --
04/30/2014 04/30/14 For Sale $174,900 -- $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 $1,649 $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 $1,463 $16,530 $3,300 $13,230
2017 $1,418 $14,500 $2,900 $11,600
2016 $1,411 $13,820 $2,760 $11,060
2015 $1,365 $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: 5834606

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-249