$160,000
SOLD MAY 9, 2014

510 W University Dr Unit 115 Tempe, AZ 85281

Riverside Neighborhood
3 Beds
2 Baths
1,088 Sq Ft
$105/mo HOA Fee

Recently Sold

$147 Per Sq Ft

9% Below List Price

181 Days on Market

Highlights

  • Community Pool
  • Patio
  • Central Air
  • Eat-In Kitchen
  • Tile Flooring
  • Heating Available

About This Home

As of May 2020

WONDERFUL CONDO AVAILABLE IN HERMOSA PLACE! WITHIN WALKING DISTANCE OF ASU! MINUTES TO SHOPPING, RESTAURANTS, AND TEMPE TOWN LAKE. SHARP 3 BEDROOM 1 3/4 BATH LOWER LEVEL UNIT. HOME HAS BEEN FRESHLY PAINTED! CARPETS AND TILE THROUGHOUT, CHERRY LIKE FINISH CABINETS W/CROWN MOULDING, & ALL APPLIANCES CONVEY INCLUDING STACKED WASHER/DRYER! HOME ALSO FEATURES WALK-IN CLOSETS IN MASTER BEDROOM, & NICE PATIO OFF MASTER AS WELL.

Last Agent to Sell the Property

Amy Parker

Parker Realty LLC License #BR571829000 Listed on: 10/24/2013

Last Buyer's Agent

Ying Ma

Perfect Choice Real Estate License #SA630893000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 2003

Lot Details

  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 124-33-119

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, roof replacement, maintenance exterior
  • Hermosa Place HOA, Phone Number (480) 921-3332
  • Built by AGI Investors
  • Hermosa Place Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,392

Year Built

Built in 2003

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Cross Street: Mill and University Dr.
  • 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: 105.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Tax Year: 2013
  • Directions: From Mill Ave, West on University Dr to Hermosa Place Condominiums.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Hermosa Place Condominiums
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 105.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1088.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

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: 105.0
  • Association Fee Frequency: Monthly
  • Association Name: Hermosa Place HOA
  • Phone: 480-921-3332
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Hermosa Place HOA
  • Association Fees:HOA Telephone4: 480-921-3332
  • 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:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, 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: 943.0
  • Parcel #: 124-33-119

Building Info

  • Builder Name: AGI Investors

Tax Info

  • Tax Annual Amount: 1391.84
  • Tax Book Number: 124.00
  • Tax Lot: 115
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 11, 2020
Sold by
Wen Liqing and Ma Ying
Bought by
Stulz Nancy and Stulz Shannon
Seller's Agent
Ying Ma
Perfect Choice Real Estate
Buyer's Agent
Allen Yi
Keller Williams Northeast Realty
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$366,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,352
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Dec 17, 2014
Sold by
Wen Liqing and Ma Ying
Bought by
Wm Properties Llc

Purchase Details

Listed on
May 11, 2014
Closed on
May 2, 2014
Sold by
Grams Ken A and Grams Barbara J
Bought by
Wen Liqing and Ma Ying
Seller's Agent
Ying Ma
Perfect Choice Real Estate
Buyer's Agent
Mike Cave
Arizona Premier Realty Homes & Land, LLC
Sold Price
$1,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Nov 27, 2007
Sold by
Morton Bryce A
Bought by
Grams Ken A and Grams Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Agi Investors Llc
Bought by
Grams Ken and Grams Barb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
5.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Phoenix Title Agency Llc
Quit Claim Deed -- None Available
Cash Sale Deed $160,000 Clear Title Agency
Quit Claim Deed -- Grand Canyon Title Agency In
Special Warranty Deed $192,250 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $167,000 Purchase Money Mortgage
Previous Owner $152,750 New Conventional
Closed $19,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Rented $1,750 0.0% --
05/11/2023 05/11/23 Under Contract -- -- --
03/28/2023 03/28/23 For Rent $1,750 +3.2% --
08/14/2021 08/14/21 Rented $1,695 0.0% --
08/13/2021 08/13/21 Under Contract -- -- --
08/03/2021 08/03/21 Price Changed $1,695 -5.6% $2 / Sq Ft
07/29/2021 07/29/21 For Rent $1,795 0.0% --
05/14/2020 05/14/20 Sold $210,000 0.0% $191 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $210,000 0.0% $191 / Sq Ft
06/01/2014 06/01/14 Rented $1,199 0.0% --
05/21/2014 05/21/14 Under Contract -- -- --
05/11/2014 05/11/14 For Rent $1,199 0.0% --
05/09/2014 05/09/14 Sold $160,000 -2.4% $147 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/11/2014 04/11/14 Price Changed $163,999 -1.8% $151 / Sq Ft
04/05/2014 04/05/14 Price Changed $166,999 0.0% $153 / Sq Ft
02/17/2014 02/17/14 Price Changed $167,000 -1.7% $153 / Sq Ft
01/08/2014 01/08/14 Price Changed $169,900 -2.9% $156 / Sq Ft
10/24/2013 10/24/13 For Sale $174,900 -- $161 / 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 $1,782 $15,906 -- --
2024 $1,760 $12,060 -- --
2023 $1,760 $20,150 $4,030 $16,120
2022 $1,453 $16,370 $3,270 $13,100
2021 $1,482 $15,460 $3,090 $12,370
2020 $1,433 $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 $1,459 $11,760 $2,350 $9,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5020281

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-119