NOT LISTED FOR SALE

505 W University Dr Unit D206 Tempe, AZ 85281

Mitchell Park East Neighborhood

Estimated Value: $214,803 - $241,000

-- Bed
1 Bath
840 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 505 W University Dr Unit D206, Tempe, AZ 85281 and is currently estimated at $230,201, approximately $274 per square foot. 505 W University Dr Unit D206 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
May 25, 2005
Sold by
Merkle Carl L and Merkle Vera L
Bought by
Hummell James and Hummell Debra
Current Estimated Value
$230,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Outstanding Balance
$30,462
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Estimated Equity
$199,739

Purchase Details

Closed on
Nov 7, 2002
Sold by
Merkle Carl L and Merkle Vera L
Bought by
Merkle Carl L and Merkle Vera L
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
Hummell James $65,000 First American Title Ins Co
Merkle Carl L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hummell James $58,500
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 $1,003 $8,372 -- --
2024 $927 $7,973 -- --
2023 $927 $15,810 $3,160 $12,650
2022 $889 $12,850 $2,570 $10,280
2021 $895 $11,500 $2,300 $9,200
2020 $868 $9,730 $1,940 $7,790
2019 $851 $7,910 $1,580 $6,330
2018 $830 $8,330 $1,660 $6,670
2017 $806 $7,850 $1,570 $6,280
2016 $800 $7,850 $1,570 $6,280
2015 $768 $7,080 $1,410 $5,670
Source: Public Records

Map

Arizona Maricopa County Tempe 85281 Mitchell Park East

505 W University Dr Unit D206, Tempe, AZ

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