NOT LISTED FOR SALE

505 W University Dr Tempe, AZ 85281

Mitchell Park East Neighborhood

Estimated Value: $181,000 - $214,000

1 Bed
1 Bath
595 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 505 W University Dr, Tempe, AZ 85281 and is currently estimated at $197,996, approximately $332 per square foot. 505 W University Dr 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
Mar 17, 2022
Sold by
City Of Tempe
Bought by
Tempe Coalition For Affordable
Current Estimated Value
$197,996

Purchase Details

Closed on
Mar 11, 2022
Sold by
City Of Tempe
Bought by
Tempe Coalition For Affordable

Purchase Details

Closed on
Mar 29, 2018
Sold by
Amor Maria Jesus
Bought by
City Of Tempe

Purchase Details

Closed on
Aug 12, 2017
Sold by
Somaz 2 Llc
Bought by
Amor Maria Jesus

Purchase Details

Closed on
Mar 18, 2014
Sold by
Arizona Fine Living Llc
Bought by
Somaz 2 Llc

Purchase Details

Closed on
Jun 21, 2013
Sold by
Somaz 2 Llc
Bought by
Arizona Fine Living Llc

Purchase Details

Closed on
Feb 20, 2013
Sold by
Federal National Mortgage Association
Bought by
Somaz 2 Llc

Purchase Details

Closed on
Jul 16, 2012
Sold by
Grencer Michael L
Bought by
Federal National Mortgage Assocation

Purchase Details

Closed on
Jul 17, 2006
Sold by
Grencer Michael Lee and Grencer James F
Bought by
Grencer Michael Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1999
Sold by
Hambicki Gregory James
Bought by
Grencer Michael Lee and Grencer James F
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Affordable -- None Listed On Document
Tempe Coalition For Affordable -- None Listed On Document
City Of Tempe -- Security Title Agency Inc
Amor Maria Jesus $104,000 Grand Canyon Title Agency
Somaz 2 Llc $63,063 None Available
Arizona Fine Living Llc $83,250 First American Title Ins Co
Somaz 2 Llc -- Servicelink
Federal National Mortgage Assocation $92,306 Great American Title Agency
Grencer Michael Lee -- None Available
Grencer Michael Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grencer Michael Lee $50,000
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 $19,845 $3,960 $15,885
2022 $1,004 $15,900 $3,180 $12,720
2021 $0 $14,205 $2,835 $11,370
2020 $0 $11,775 $2,355 $9,420
2019 $0 $9,465 $1,890 $7,575
2018 $0 $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

Map

Arizona Maricopa County Tempe 85281 Mitchell Park East

505 W University Dr, Tempe, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes