$175,000
SOLD JUL 28, 2015

2027 E University Dr Unit 145 Tempe, AZ 85288

Apache Neighborhood
2 Beds
2.5 Baths
1,300 Sq Ft
1,654 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

8% Below List Price

9 Days on Market

Highlights

  • Gated Community
  • Heated Community Pool
  • Dual Vanity Sinks in Primary Bathroom
  • Vaulted Ceiling
  • 2 Car Direct Access Garage
  • Walk-In Closet

About This Home

As of November 2018

This is the perfect 2 bedroom/2.5 bathroom townhome located in the highly sought after Rio Ventana community with a sparkling community pool and gated entrance. The floor plan is open and inviting with wonderful natural light, a kitchen that opens up to the great room, light cabinetry in the kitchen, neutral two toned paint, and low maintenance stained concrete floor on the bottom level. Located off the 101 and near ASU and downtown Scottsdale, this location can't be beat!

Last Agent to Sell the Property

Jasmine Trickel

Venture Real Estate & Consulting License #SA587081000 Listed on: 06/18/2015

Last Buyer's Agent

Michael and Mari Martinez

eXp Realty License #BR039035000

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 2002

Lot Details

  • 1,654 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 132-68-249

Community Details

Overview

  • Property has a Home Owners Association
  • Rio Ventana HOA, Phone Number (480) 544-7669
  • Built by Del Mar Homes
  • Rio Ventana Townhomes Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,024

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 101 Freeway/University
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 150.0
  • 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: 2012
  • 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.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.04
  • Subdivision Name: RIO VENTANA TOWNHOMES
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 150.0
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Concrete, Other
  • Spa Features: Community, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1300.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Monthly
  • Association Name: Rio Ventana HOA
  • Phone: 480-544-7669
  • 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: 480-544-7669
  • 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

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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Del Mar Homes

Tax Info

  • Tax Annual Amount: 1024.0
  • 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
$384,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,811
Avg. Annual Appreciation
8.32%
Original Mortgage
$204,300
Interest Rate
4.7%
Mortgage Type
New Conventional

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $227,000 Empire West Title Agency Llc
Warranty Deed $175,000 Empire West Title Agency
Warranty Deed $166,200 First Arizona Title Agency
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,150 New Conventional
Closed $204,300 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $157,890 New Conventional
Previous Owner $141,750 Stand Alone First
Previous Owner $28,350 Credit Line Revolving
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: 5295782

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-68-249