NOT LISTED FOR SALE

505 W University Dr Unit A205 Tempe, AZ 85281

Mitchell Park East Neighborhood

Estimated Value: $195,000 - $218,000

-- Bed
1 Bath
595 Sq Ft
$352/Sq Ft Est. Value

About This Home

This home is located at 505 W University Dr Unit A205, Tempe, AZ 85281 and is currently estimated at $209,535, approximately $352 per square foot. 505 W University Dr Unit A205 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
Jun 29, 2022
Sold by
Entrust Group Inc
Bought by
Martinez Axel
Current Estimated Value
$209,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$171,248
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$36,503

Purchase Details

Closed on
Jul 10, 2013
Sold by
Vafi Mathiew and Vafi Christine
Bought by
The Entrust Group Inc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Marshall Steven P and Marshall Joanne L
Bought by
Vafi Mathiew M and Vafi Christine H

Purchase Details

Closed on
Jul 30, 2002
Sold by
Chyou Jhy Chiou
Bought by
Klein Paul
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
Martinez Axel $210,000 Dhi Title
The Entrust Group Inc $78,900 First American Title Ins
Vafi Mathiew M $56,000 Fidelity National Title
Klein Paul $37,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Axel $178,500
Previous Owner Vafi Mathiew M $44,800
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 $610 $6,303 -- --
2024 $603 $6,003 -- --
2023 $603 $13,230 $2,640 $10,590
2022 $669 $10,600 $2,120 $8,480
2021 $674 $9,470 $1,890 $7,580
2020 $653 $7,850 $1,570 $6,280
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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