NOT LISTED FOR SALE

510 W University Dr Unit 114 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $378,000 - $439,000

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

Last Sold July 15, 2022

Last sale price $360,000 $333 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,541/month

24 Days on Market

Highlights

  • Property is near public transit
  • Covered patio or porch
  • Walk-In Closet
  • Heated Community Pool
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of July 2022

VERY NICE 3 BED 2 BATH 1ST FLOOR CONDOMINIUM! ALL APPLIANCES CONVEY, PLENTY OF CABINET SPACE, CEILING FANS, ALL TILE EXCEPT FOR BEDROOMS, PRIVATE BACK PATIO, COMMUNITY POOL, WALK TO DOWNTOWN TEMPE, ASU AND LIGHTRAIL!

Last Listed By

Keenan Freeman

Gerson Realty Co. License #SA563090000 Listed on: 06/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 2003

Lot Details

  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,081 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Fence Around Pool
  • Covered patio or porch

Location

  • Unit is below another unit
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 124-33-118

Community Details

Overview

  • 360 Community Mngt Association, Phone Number (602) 863-3600
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Recreation

  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,049

Year Built

Built in 2003

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: Mill & University
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: 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: 2021
  • Directions: W on University 1/4 mile to Unit on Right
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: gers01
  • Co List Office Phone: 480-921-3332
  • Subdivision Name: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1081.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Fenced
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Stacked Washer/Dryer
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Hermosa Place
  • Phone: 602-863-3600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Hermosa Place
  • 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:HOA Management Company: 360 Community Mngt
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1096.0
  • Parcel #: 124-33-118
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2049.0
  • Tax Book Number: 124.00
  • Tax Lot: 114
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 15, 2022
Sold by
Randy L Yach And Beverly A Yach Living T
Bought by
Mm3 Tempe Llc
Seller's Agent
Keenan Freeman
Gerson Realty Co.
Buyer's Agent
Brian Zabel
Realty ONE Group
List Price
$390,000
Sold Price
$360,000
Premium/Discount to List
-$30,000
-7.69%
Total Days on Market
24
Current Estimated Value
$401,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,629
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Dec 3, 2005
Sold by
Hardy Dale and Hardy Cheryl
Bought by
Yach Randy L and Yach Beverly A

Purchase Details

Closed on
May 6, 2004
Sold by
Agi Investors Llc
Bought by
Hardy Dale and Hardy Cheryl

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
Mm3 Tempe Llc $360,000 Old Republic Title
Yach Randy L $275,000 Security Title Agency Inc
Hardy Dale $188,219 Dhi Title Of Arizona Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $360,000 -2.7% $333 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 Price Changed $369,900 -5.2% $342 / Sq Ft
06/07/2022 06/07/22 For Sale $390,000 -- $361 / 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 $2,148 $19,173 -- --
2024 $2,122 $18,260 -- --
2023 $2,122 $22,620 $4,520 $18,100
2022 $2,035 $18,560 $3,710 $14,850
2021 $2,049 $17,530 $3,500 $14,030
2020 $1,987 $16,880 $3,370 $13,510
2019 $1,949 $15,630 $3,120 $12,510
2018 $1,901 $15,920 $3,180 $12,740
2017 $1,844 $15,220 $3,040 $12,180
2016 $1,831 $15,170 $3,030 $12,140
2015 $1,759 $14,060 $2,810 $11,250
Source: Public Records

Agents Affiliated with this Home

  • Keenan Freeman

    Seller's Agent in 2022

    Keenan Freeman

    Gerson Realty Co.

    (480) 921-3332

    1 in this area

    9 Total Sales

    Keenan Freeman
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mike Gerson

    Gerson Realty Co.

    (480) 921-3332

    1 in this area

    25 Total Sales

    Mike Gerson
    Section Image
  • Brian Zabel

    Buyer's Agent in 2022

    Brian Zabel

    Realty One Group

    (623) 343-1585

    1 in this area

    55 Total Sales

    Brian Zabel
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6412848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-118

Arizona Maricopa County Tempe 85281 Riverside

510 W University Dr Unit 114, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 510 W University Dr Unit 114, Tempe, AZ 85281 since 07 June 2022 and is currently estimated at $401,629, approximately $371 per square foot. This property was built in 2003. 510 W University Dr Unit 114 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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