NOT LISTED FOR SALE

510 W University Dr Unit 201 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $291,698 - $374,000

2 Beds
2 Baths
864 Sq Ft
1986 Built

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Tile Flooring
  • Heated Community Pool
  • Walk-In Closet
  • Heating Available

About This Home

As of July 2020

AFFORDABLE 2 BEDROOM 2 BATH CONDO IN THE HEART OF TEMPE! WALK TO DOWNTOWN, TEMPE TOWN LAKE, ASU AND LIGHTRAIL! SPLIT BEDROOMS, TILE FLOORS AND CARPET IN THE BEDROOMS, PRIVATE PATIO, READY TO RENT!

Last Agent to Rent the Property

Keenan Freeman

Gerson Realty Co. License #SA563090000 Listed on: 06/08/2020

Co-Listed By

Mike Gerson

Gerson Realty Co. License #BR510687000

Last Renter's Agent

Keenan Freeman

Gerson Realty Co. License #SA563090000 Listed on: 06/08/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1986

Lot Details

  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • 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

Listing and Financial Details

  • Property Available on 6/8/20
  • 12-Month Minimum Lease Term
  • Tax Lot 201
  • Assessor Parcel Number 124-33-125

Community Details

Overview

  • Property has a Home Owners Association
  • Hermosa Place Association, Phone Number (480) 921-3332
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Recreation

  • Heated Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,705

Year Built

Built in 1986

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2020-06-08

Listing Details

  • Cross Street: UNIVERSITY & MILL
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • 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
  • Rental Info H O A Name: HERMOSA PLACE
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Directions: W on University to Complex on Right
  • Property Sub Type: Apartment Style/Flat
  • 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
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 864.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: 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
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool
  • Association Name: HERMOSA PLACE
  • Phone: 480-921-3332
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 92.0
  • Parcel #: 124-33-125
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 201
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2016
Sold by
Css Enterprises Inc
Bought by
Css Properties 1 Llc
Current Estimated Value
$318,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$47,089
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$271,336
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
Css Properties 1 Llc -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Css Properties 1 Llc $90,000
Previous Owner C S S Enterprises Inc $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Rented $950 0.0% --
06/08/2020 06/08/20 For Rent $950 +6.1% --
12/03/2018 12/03/18 Rented $895 0.0% --
10/26/2018 10/26/18 Price Changed $895 -5.8% $1 / Sq Ft
08/31/2018 08/31/18 For Rent $950 -- --
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 $1,705 $15,222 -- --
2024 $1,685 $14,497 -- --
2023 $1,685 $18,570 $3,710 $14,860
2022 $1,616 $15,020 $3,000 $12,020
2021 $1,627 $13,970 $2,790 $11,180
2020 $1,578 $13,450 $2,690 $10,760
2019 $1,548 $12,830 $2,560 $10,270
2018 $1,509 $12,710 $2,540 $10,170
2017 $1,464 $11,970 $2,390 $9,580
2016 $1,454 $11,830 $2,360 $9,470
2015 $1,397 $10,960 $2,190 $8,770
Source: Public Records

Agents Affiliated with this Home

  • Keenan Freeman

    Landlord's Agent in 2020

    Keenan Freeman

    Gerson Realty Co.

    (480) 921-3332

    1 in this area

    8 Total Sales

    Keenan Freeman
    Section Image

  • M

    Landlord's Co-Listing Agent in 2020

    Mike Gerson

    Gerson Realty Co.

    (480) 921-3332

    1 in this area

    22 Total Sales

    Mike Gerson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6088196

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-125

Arizona Maricopa County Tempe 85281 Riverside

510 W University Dr Unit 201, Tempe, AZ

This home is located at 510 W University Dr Unit 201, Tempe, AZ 85281 since 08 June 2020 and is currently priced at $318,425. This property was built in 1986. 510 W University Dr Unit 201 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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