NOT LISTED FOR SALE

510 W University Dr Unit 113 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $328,000 - $446,000

3 Beds
2 Baths
1,100 Sq Ft
$135/mo HOA Fee

Last Sold December 19, 2019

Last sale price $243,000 $221 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,381/month

2 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Heating Available

About This Home

As of December 2019

Wow! Largest 3 bedroom 2 bath condo on ground floor, end unit best location! Condo has just been freshly painted inside with two tone paint. Doors, trim, ceilings, and baseboards too! New toilets, fixtures at sinks, and kitchen. New complete bath accessories in both baths as well. No carpet All the same tile throughout this spacious condo. Refrigerator, washer and dryer stay. These condos sell quickly so hurry! Great investment property! Community pool here. Whole foods within walking distance, Oregano's across the street and Dilly's Deli next door. Walking to Mill Ave. Super location for ASU!!

Last Agent to Sell the Property

Carolyn Linderman

HomeSmart License #SA030132000 Listed on: 12/11/2019

HomeSmart

Last Buyer's Agent

Carolyn Linderman

HomeSmart License #SA030132000 Listed on: 12/11/2019

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 2003

Lot Details

  • Block Wall Fence

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • <<builtInMicrowave>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include insurance, sewer, ground maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Hermosa Place Association, Phone Number (480) 921-3332
  • Built by AGI INVESTORS
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 124-33-117

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,617

Year Built

Built in 2003

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: University and Mill
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • 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: 2003
  • Tax Year: 2019
  • Directions: Go two block west of Mill Avenue North side of University, Hermosa Place sign drive to the very end unit is on left side by grass area.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 135.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1100.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • 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

  • 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:HOA Telephone4: 480-921-3332
  • Association Fees:PAD Fee YN2: Y
  • 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:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

Fee Information

  • Association Fee Includes: Insurance, Sewer, Maintenance Grounds, 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: 946.0
  • Parcel #: 124-33-117

Building Info

  • Builder Name: AGI INVESTORS

Tax Info

  • Tax Annual Amount: 1617.0
  • Tax Book Number: 124.00
  • Tax Lot: 113
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Dec 19, 2019
Sold by
Linderman Mark S and Linderman Carolyn A
Bought by
Tran Tinh and Tran Tuyet Linh Thi
Seller's Agent
Carolyn Linderman
HomeSmart
Buyer's Agent
Carolyn Linderman
HomeSmart
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%
Current Estimated Value
$381,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,181
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Georges Ramzi
Bought by
Linderman Mark S and Linderman Carolyn A

Purchase Details

Closed on
Apr 7, 2008
Sold by
Kadi Anthony E
Bought by
Georges Ramzi

Purchase Details

Closed on
Jul 8, 2005
Sold by
Georges Ramzi
Bought by
Georges Ramzi and Kadi Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2005
Sold by
Kapler Chad
Bought by
Georges Ramzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Agi Investors Llc
Bought by
Kapler Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tran Tinh $243,000 Wfg National Title Ins Co
Linderman Mark S $124,000 Grand Canyon Title Agency In
Georges Ramzi -- Empire Title Agency Of Arizo
Georges Ramzi -- --
Georges Ramzi $267,000 Equity Title Agency Inc
Kapler Chad $186,900 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Georges Ramzi $213,600
Previous Owner Kapler Chad $148,200
Closed Kapler Chad $20,000
Closed Georges Ramzi $53,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold $243,000 -2.8% $221 / Sq Ft
12/11/2019 12/11/19 For Sale $249,900 -- $227 / 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 $1,688 $15,906 -- --
2024 $1,760 $15,149 -- --
2023 $1,760 $20,150 $4,030 $16,120
2022 $1,689 $16,370 $3,270 $13,100
2021 $1,700 $15,460 $3,090 $12,370
2020 $1,649 $15,120 $3,020 $12,100
2019 $1,617 $13,500 $2,700 $10,800
2018 $1,577 $13,720 $2,740 $10,980
2017 $1,530 $12,970 $2,590 $10,380
2016 $1,519 $12,780 $2,550 $10,230
2015 $1,275 $11,760 $2,350 $9,410
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carolyn Linderman

    HomeSmart

    (480) 443-7400

    10 Total Sales

    Carolyn Linderman
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6013534

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-117

Arizona Maricopa County Tempe 85281 Riverside

510 W University Dr Unit 113, Tempe, AZ

This home is located at 510 W University Dr Unit 113, Tempe, AZ 85281 since 11 December 2019 and is currently estimated at $381,181, approximately $346 per square foot. This property was built in 2003. 510 W University Dr Unit 113 is a home located in Maricopa County with nearby schools including Scales Technology Academy, Geneva Epps Mosley Middle School, and Tempe High School.

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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