NOT LISTED FOR SALE

2508 E 5th Place Unit 32A Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $257,000 - $298,370

3 Beds
1.5 Baths
1,132 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $300,000 $265 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,969/month

30 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Eat-In Kitchen
  • Property is near public transit
  • Heated Community Pool
  • Patio

About This Home

As of April 2024

This 3 bedroom 2 bath townhome is one of the lowest prices with thousands in upgrades and remodeling in the last few years including a new Trane AC all newer plan K flooring, both baths have been redone all interior painting also newer washer and dryer and fridge. This includes extra closets in bedrooms and 2 patios. The location is a short walk to Cub stadium, Tempe Market place mall and minutes to Sky Harbor Airport, 4 freeways this one is move in ready and also minutes to ASU campus. A great investment and will sell fast.

Last Agent to Sell the Property

Ed Venezia

RE/MAX Fine Properties License #BR116708000 Listed on: 02/27/2024

RE/MAX Fine Properties

Last Buyer's Agent

Bryce Lugo

My Home Group Real Estate License #SA656278000

My Home Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $916

Year Built

  • Built in 1982

Lot Details

  • Desert faces the front of the property
  • End Unit
  • Block Wall Fence

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Alma Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 135-39-241

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance
  • Heywood Managememt Association, Phone Number (480) 820-1519
  • University Shadows Subdivision

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$916

Year Built

Built in 1982

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Cross Street: University and Dobson
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 325.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2023
  • Directions: West on University to Allred North into community take second left to 5th place
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: University Shadows
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 325.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1132.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: None
  • Common Walls: End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association Name: University Shadows
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: University Shadows
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1050.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 650.0
  • Association Fees:Disclosure Fees HOA: 183.5
  • Association Fees:Other Fees HOA: 31.0
  • Association Fees:Other Fees Description: 234.00
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Managememt
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds

Schools

  • Elementary School: Alma Elementary School
  • 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
  • Parcel #: 135-39-241

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 916.0
  • Tax Book Number: 135.00
  • Tax Lot: A
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 29, 2024
Sold by
Preston Melinda
Bought by
Mccreary Connell
Seller's Agent
Ed Venezia
RE/MAX Fine Properties
Buyer's Agent
Bryce Lugo
My Home Group Real Estate
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Views
201
Current Estimated Value
$285,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,407
Avg. Annual Appreciation
-2.05%
Original Mortgage
$240,000
Outstanding Balance
$237,658
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$54,541

Purchase Details

Closed on
Nov 11, 2009
Sold by
U S Bank National Association
Bought by
Preston Melinda

Purchase Details

Closed on
Jul 7, 2009
Sold by
Vasquez Daniel V
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 23, 2001
Sold by
Martinez Aura Lee and Phillips Aura Lee
Bought by
Vasquez Daniel V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,575
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 1998
Sold by
Janosko Eugene S and Janosko Shirley J
Bought by
Phillips Aura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,350
Interest Rate
6.91%
Mortgage Type
FHA
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
Mccreary Connell $300,000 Clear Title Agency Of Arizona
Preston Melinda $58,500 Great American Title Agency
Us Bank National Association $69,700 None Available
Vasquez Daniel V $78,500 Transnation Title Insurance
Phillips Aura Lee $65,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccreary Connell $240,000
Previous Owner Vasquez Daniel $88,200
Previous Owner Vasquez Daniel V $74,575
Previous Owner Phillips Aura Lee $63,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $300,000 0.0% $265 / Sq Ft
04/05/2024 04/05/24 Off Market $300,000 -- --
03/30/2024 03/30/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $303,000 -3.2% $268 / Sq Ft
03/24/2024 03/24/24 Price Changed $313,000 -1.6% $277 / Sq Ft
03/15/2024 03/15/24 Price Changed $318,000 -1.5% $281 / Sq Ft
03/09/2024 03/09/24 Price Changed $323,000 -1.8% $285 / Sq Ft
03/05/2024 03/05/24 Price Changed $329,000 -2.9% $291 / Sq Ft
02/28/2024 02/28/24 For Sale $339,000 -- $299 / 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 $802 $8,278 -- --
2024 $916 $7,884 -- --
2023 $916 $18,660 $3,730 $14,930
2022 $879 $14,800 $2,960 $11,840
2021 $885 $13,510 $2,700 $10,810
2020 $858 $13,300 $2,660 $10,640
2019 $842 $11,320 $2,260 $9,060
2018 $821 $9,370 $1,870 $7,500
2017 $796 $7,910 $1,580 $6,330
2016 $791 $7,800 $1,560 $6,240
2015 $760 $7,070 $1,410 $5,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6669812

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-39-241