NOT LISTED FOR SALE

510 W University Dr Unit 104 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $358,000 - $445,000

3 Beds
2 Baths
1,081 Sq Ft
$135/mo HOA Fee

Last Sold June 15, 2022

Last sale price $390,000 $361 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,413/month

7 Days on Market

Highlights

  • Granite Countertops
  • Eat-In Kitchen
  • Vinyl Flooring
  • Community Pool
  • Central Air
  • Heating Available

About This Home

As of June 2022

Awesome Updated Condo in Tempe 3BR 2BA. Neutral color pallet, laminate flooring, coordinating fans, fixtures and hardware throughout. Renovated kitchen offers granite countertops, stylish decorative backsplash, stainless steel dishwasher and stove. Main bedroom is complete w/ private bathroom. Both bathrooms have been renovated. Nice linen closet in hallway. Close to ASU, shopping and dining. Come and see.

Last Agent to Sell the Property

Richard Harless

AZ Flat Fee License #SA672256000 Listed on: 05/04/2022

Co-Listed By

Shannon Duke

AZ Flat Fee License #SA561518000

Last Buyer's Agent

Zachary Cates

PROS Realty LLC License #SA625676000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1986

Lot Details

  • 1,307

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,081 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 124-33-108

Community Details

Overview

  • Association fees include ground maintenance
  • 360 Community Manage Association, Phone Number (602) 863-3600
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,962

Year Built

Built in 1986

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: UNIVERSITY AND MILL AVE
  • Legal Info Range: 4E
  • 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
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: North on Mill East on 7th st
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: li3k001
  • Co List Office Phone: 480-771-1511
  • Subdivision Name: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 135.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1081.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

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: 360 Community Manage
  • Phone: 602-863-3600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 360 Community Manage
  • Association Fees:HOA Telephone4: 602-863-3600
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 1133.0
  • Parcel #: 124-33-108

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1962.0
  • Tax Book Number: 124.00
  • Tax Lot: 104
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 10, 2022
Sold by
Ajay Gawali
Bought by
Daksla Cedric and Daksla Nida
Seller's Agent
Richard Harless
AZ Flat Fee
Buyer's Agent
Zachary Cates
PROS Realty LLC
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%
Current Estimated Value
$392,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,322
Avg. Annual Appreciation
0.19%
Original Mortgage
$331,500
Outstanding Balance
$317,545
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$74,777

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 14, 2021
Sold by
Amalor George
Bought by
Gawali Ajay and Chaudhari Archana
Seller's Agent
Sergio Santizo
LPT Realty, LLC
Buyer's Agent
Nichelle Smith
eXp Realty
List Price
$264,900
Sold Price
$288,000
Premium/Discount to List
$23,100
8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.54%
Original Mortgage
$235,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 25, 2017
Sold by
Maroufkani Shah and Maroufkani Jaleh
Bought by
Amalor George
Seller's Agent
Sergio Santizo
LPT Realty, LLC
Buyer's Agent
Rebecca Swan
West USA Realty
List Price
$169,900
Sold Price
$161,000
Premium/Discount to List
-$8,900
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Maroufkani Shah and Maroufkani Jaleh
Bought by
Maroufkani Shah and Maroufkani Jaleh

Purchase Details

Closed on
Jul 17, 1996
Sold by
Maroufkhani Shahrzad Sheri
Bought by
Maroufkani Shah and Maroufkani Jaleh

Purchase Details

Closed on
Feb 25, 1995
Sold by
Ward John H P and Ward John H
Bought by
Melano Milca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,526
Interest Rate
8.77%
Mortgage Type
Seller Take Back
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
Daksla Cedric $390,000 First Arizona Title
Gawali Ajay $288,000 Az Title Agency Llc
Amalor George $161,000 Security Title Agency Inc
Maroufkani Shah -- Signature Title Agency
Maroufkani Shah -- United Title Agency
Maroufkhani Shahrzad Sheri $69,000 United Title Agency
Melano Milca $74,900 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daksla Cedric $331,500
Previous Owner Gawali Ajay $235,000
Previous Owner Maroufkani Shah $53,638
Previous Owner Melano Milca $1,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $390,000 +2.9% $361 / Sq Ft
05/04/2022 05/04/22 For Sale $379,000 +31.6% $351 / Sq Ft
07/19/2021 07/19/21 Sold $288,000 +8.7% $266 / Sq Ft
06/07/2021 06/07/21 For Sale $264,900 +64.5% $245 / Sq Ft
07/28/2017 07/28/17 Sold $161,000 -5.2% $149 / Sq Ft
06/08/2017 06/08/17 For Sale $169,900 -- $157 / 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 $1,343 $13,862 -- --
2024 $1,756 $13,202 -- --
2023 $1,756 $21,650 $4,330 $17,320
2022 $1,676 $17,610 $3,520 $14,090
2021 $1,962 $16,180 $3,230 $12,950
2020 $1,902 $15,010 $3,000 $12,010
2019 $1,866 $15,110 $3,020 $12,090
2018 $1,820 $15,030 $3,000 $12,030
2017 $1,765 $14,350 $2,870 $11,480
2016 $1,753 $14,630 $2,920 $11,710
2015 $1,684 $13,820 $2,760 $11,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6393967

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-108