NOT LISTED FOR SALE

510 W University Dr Unit 102 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $257,000 - $381,000

2 Beds
2 Baths
864 Sq Ft
$135/mo HOA Fee

Last Sold January 23, 2020

Last sale price $137,500 $159 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,909/month

Highlights

  • Community Pool
  • Patio
  • High Speed Internet
  • Eat-In Kitchen
  • Central Air
  • Heating Available

About This Home

As of January 2020

This home is located at 510 W University Dr Unit 102, Tempe, AZ 85281 since 16 January 2020 and is currently estimated at $309,955, approximately $358 per square foot. This property was built in 1986. 510 W University Dr Unit 102 is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

Last Agent to Sell the Property

Michael D'Elena

Compass License #SA644866000 Listed on: 01/16/2020

Compass

Co-Listed By

Justin Godsey

Compass License #SA664011000

Last Buyer's Agent

Michael D'Elena

NORTH&CO. License #SA644866000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1986

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Desert faces the front and back of the property

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 124-33-126

Community Details

Overview

  • Association fees include roof repair, sewer, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Hermosa Place Association, Phone Number (480) 921-3332
  • Hermosa Place Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,548

Year Built

Built in 1986

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: Priest & University
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 135.0
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2019
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: Hermosa Place Condominiums
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 135.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 864.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association Name: Hermosa Place
  • Phone: 480-921-3332
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Hermosa Place
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 93.0
  • Parcel #: 124-33-126

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1548.0
  • Tax Book Number: 124.00
  • Tax Lot: 102
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Thulan Vo
Bought by
Chandler Holding Company Llc
Current Estimated Value
$309,955

Purchase Details

Closed on
May 4, 2020
Sold by
Rmlj Holdings I Llc
Bought by
Vo Thulan

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jan 16, 2020
Sold by
Fox James and Fox Debra
Bought by
Rmlj Holdings 1 Llc
Seller's Agent
Michael D'Elena
Compass
Buyer's Agent
Michael D'Elena
Compass
List Price
$140,000
Sold Price
$137,500
Premium/Discount to List
-$2,500
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.16%
Original Mortgage
$115,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2008
Sold by
Fox Megan and Fox James
Bought by
Fox James and Fox Debra

Purchase Details

Closed on
Apr 14, 2004
Sold by
Css Enterprises Inc
Bought by
Fox Megan R and Fox James R
Source: Public Records

Range of Values:

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Average Value
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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
Chandler Holding Company Llc -- None Listed On Document
Vo Thulan $192,000 Magnus Title Agency
Rmlj Holdings 1 Llc $137,500 Magnus Title Agency
Fox James -- None Available
Fox Megan R $140,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rmlj Holdings 1 Llc $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2020 01/23/20 Sold $137,500 -1.8% $159 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $140,000 -- $162 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,825 $15,222 -- --
2024 $1,685 $14,497 -- --
2023 $1,685 $19,280 $3,850 $15,430
2022 $1,616 $15,530 $3,100 $12,430
2021 $1,627 $14,270 $2,850 $11,420
2020 $1,578 $13,450 $2,690 $10,760
2019 $1,548 $13,030 $2,600 $10,430
2018 $1,509 $12,960 $2,590 $10,370
2017 $1,464 $12,220 $2,440 $9,780
2016 $1,454 $12,330 $2,460 $9,870
2015 $1,397 $11,560 $2,310 $9,250
Source: Public Records

Agents Affiliated with this Home

  • Michael D'Elena

    Seller's Agent in 2020

    Michael D'Elena

    Compass

    (602) 317-4761

    2 in this area

    210 Total Sales

    Michael D'Elena
    Section Image
  • Justin Godsey

    Seller Co-Listing Agent in 2020

    Justin Godsey

    Compass

    (480) 232-9733

    11 Total Sales

    Justin Godsey
    Section Image

  • K

    Buyer Co-Listing Agent in 2020

    Katie Stuyvenberg

    Compass

    (480) 443-7400

    1 in this area

    51 Total Sales

    Katie Stuyvenberg
    Section Image

  • K

    Buyer Co-Listing Agent in 2020

    Katie Foss

    NORTH&CO.

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6024810

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-106

Arizona Maricopa County Tempe 85281 Downtown Tempe

510 W University Dr Unit 102, 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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