NOT LISTED FOR SALE

505 W University Dr Unit A101 Tempe, AZ 85281

Mitchell Park East Neighborhood

Estimated Value: $196,000 - $218,000

1 Bed
1 Bath
595 Sq Ft
$349/Sq Ft Est. Value

About This Home

This home is located at 505 W University Dr Unit A101, Tempe, AZ 85281 and is currently estimated at $207,827, approximately $349 per square foot. 505 W University Dr Unit A101 is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and New School for the Arts & Academics.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
The City Of Tempe
Bought by
Tempe Coalition For Affd Hsng Inc
Current Estimated Value
$207,827

Purchase Details

Closed on
May 6, 2020
Sold by
Somaz 1 Llc
Bought by
City Of Tempe

Purchase Details

Closed on
Oct 11, 2011
Sold by
Compass Bank
Bought by
Mattern 2 Llc

Purchase Details

Closed on
Jun 26, 1999
Sold by
Faber Keith B
Bought by
Wright Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1999
Sold by
Faber Lisa L
Bought by
Faber Keith B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Tempe Coalition For Affd Hsng Inc -- Fidelity National Ttl Ins Co
City Of Tempe $130,000 Grand Canyon Title Agency
Mattern 2 Llc $532,000 Chicago Title Insurance Co
Wright Tim $33,000 Security Title Agency
Faber Keith B -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Timothy $1,000,000
Previous Owner Wright Tim $23,000
Source: Public Records

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 -- $6,303 -- --
2024 -- $6,003 -- --
2023 $0 $13,470 $2,690 $10,780
2022 $669 $10,710 $2,140 $8,570
2021 $0 $9,670 $1,930 $7,740
2020 $0 $8,010 $1,600 $6,410
2019 $641 $6,310 $1,260 $5,050
2018 $625 $6,620 $1,320 $5,300
2017 $606 $6,130 $1,220 $4,910
2016 $602 $6,030 $1,200 $4,830
2015 $578 $5,380 $1,070 $4,310
Source: Public Records

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