NOT LISTED FOR SALE

505 W University Dr Tempe, AZ 85281

Mitchell Park East Neighborhood

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

1 Bed
1 Bath
595 Sq Ft
$347/Sq Ft Est. Value

About This Home

This home is located at 505 W University Dr, Tempe, AZ 85281 and is currently estimated at $206,356, approximately $346 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
$206,356

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

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ICE

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First American

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Quantarium

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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 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 L $89,600
Previous Owner Grencer Michael Lee $72,000
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

This home is located at 505 W University Dr, Tempe, AZ 85281 and is currently estimated at $206,356, approximately $346 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.

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.

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