$163,000
SOLD MAY 18, 2016

3422 E University Dr Unit 7 Mesa, AZ 85213

The Groves Neighborhood
2 Beds
2.5 Baths
1,216 Sq Ft
2,700 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • Community Pool
  • Covered patio or porch
  • Dual Vanity Sinks in Primary Bathroom
  • Franklin at Brimhall Elementary School Rated A
  • Balcony
  • Tile Flooring

About This Home

As of December 2018

Very well taken care of 2 BR 2.5 BA patio home with upgraded kitchen. Second bedroom also has own full bath. Nice covered patio for outdoor living. Washer and dryer included Garage has built-in cabinets. Fridge stays in kitchen. Hot water heater less than a year old. Wired for security. Laundry room has an extra storage area with shelves. Nice pool area and close to shopping and freeways.

Last Agent to Sell the Property

Dave Duncan

Realty ONE Group License #SA045650000 Listed on: 03/14/2016

Last Buyer's Agent

Rob Hale

My Home Group Real Estate License #BR550881000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1996

Lot Details

  • 2,700 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Security System Leased
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Highland Elementary School
  • Poston Junior High School
  • Mountain View - Waddell High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 140-12-253

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • L & T Properties Association, Phone Number (480) 282-1920
  • University Place Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1996

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Cross Street: Val Vista and University Dr
  • 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: 110.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2015
  • Directions: West on University to complex on North side. Go north in complex and immediately turn right to unit just past community pool.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: University Place
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 110.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, 3/4 Bath Master Bdrm
  • Living Area: 1216.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Rear, Sprinklers In Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association Name: L & T Properties
  • Phone: 480-282-1920
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: L & T Properties
  • Association Fees:HOA Telephone4: 480-282-1920
  • 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_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Highland Elementary School
  • High School: Mountain View - Waddell
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2700.0
  • Parcel #: 140-12-253

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 945.0
  • Tax Book Number: 140.00
  • Tax Lot: 7
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2018
Closed on
Nov 28, 2018
Sold by
Carver Julie A
Bought by
Rosene Cary J and Cary J Rosene Declaration Trus
Seller's Agent
Brenda Lou Larson
VHM & REALTY
Buyer's Agent
Brenda Lou Larson
VHM & REALTY
Sold Price
$1,400
Total Days on Market
34
Current Estimated Value
$331,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,535
Avg. Annual Appreciation
8.27%

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 17, 2016
Sold by
Adamavich Carol L
Bought by
Carver Julie A
Seller's Agent
Dave Duncan
Realty ONE Group
Buyer's Agent
Rob Hale
My Home Group Real Estate
List Price
$167,000
Sold Price
$163,000
Premium/Discount to List
-$4,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$157,102
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2004
Sold by
Manuel Lorin S
Bought by
Adamavich Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Adamavich Donald
Bought by
Adamavich Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2002
Sold by
Turner Colleen J
Bought by
Manuel Lorin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,605
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1996
Sold by
Homes By Judi Inc
Bought by
Turner Colleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
8.1%
Mortgage Type
New Conventional
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 $195,900 Driggs Title Agency Inc
Warranty Deed $160,000 Clear Title Agency Of Az Llc
Warranty Deed $140,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $113,500 Old Republic Title Agency
Warranty Deed $96,410 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,102 FHA
Previous Owner $14,250 Credit Line Revolving
Previous Owner $112,000 Purchase Money Mortgage
Previous Owner $112,000 Purchase Money Mortgage
Previous Owner $108,480 FHA
Previous Owner $108,605 FHA
Previous Owner $57,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2019 01/23/19 Rented $1,400 0.0% --
12/16/2018 12/16/18 For Rent $1,400 0.0% --
12/03/2018 12/03/18 Sold $195,900 +0.5% $161 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $194,900 +19.6% $160 / Sq Ft
05/18/2016 05/18/16 Sold $163,000 -2.4% $134 / Sq Ft
03/14/2016 03/14/16 For Sale $167,000 -- $137 / 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 $1,145 $11,665 -- --
2024 $1,154 $11,109 -- --
2023 $1,154 $23,550 $4,710 $18,840
2022 $1,130 $19,150 $3,830 $15,320
2021 $1,144 $18,580 $3,710 $14,870
2020 $1,129 $15,850 $3,170 $12,680
2019 $1,055 $14,520 $2,900 $11,620
2018 $859 $13,300 $2,660 $10,640
2017 $832 $11,370 $2,270 $9,100
2016 $817 $9,820 $1,960 $7,860
2015 $771 $8,330 $1,660 $6,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5412703

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-12-253