NOT LISTED FOR SALE

510 W University Dr Unit 202 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $313,000 - $390,000

2 Beds
2 Baths
864 Sq Ft
$135/mo HOA Fee

Last Sold July 13, 2022

Last sale price $335,000 $388 Per Sq Ft

Current estimated payment $2,077/month

1 Day on Market

Highlights

  • Play Pool
  • Balcony
  • Solar Screens
  • Furnished
  • Eat-In Kitchen
  • Low Kitchen Cabinetry

About This Home

As of July 2022

This condominium is very close to ASU main campus and Freeways (Loop 202/101, 143 & I10) and shopping centers. It would make a great/safe place for ASU students. It has two bedrooms and two full baths; Nice balcony to sit out and drink your morning coffee; Within a few yards from many restaurants, CVS, Whole Food, BOA, Mill Ave.... The average monthly rent for 2 bedrooms with 2 baths would be $1750. The combo washer/dry and the decors do not convey. All the furniture will stay with the sale.

Last Agent to Sell the Property

Thulan Vo

VIP Family Realty License #SA640544000 Listed on: 06/09/2022

Last Buyer's Agent

Dao Tran

VIP Family Realty License #SA683175000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 1986

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

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

Outdoor Features

  • Play Pool
  • Balcony

Schools

  • Broadmor Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Low Kitchen Cabinetry
  • Desert faces the front of the property
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 313-34-126

Community Details

Overview

  • Association fees include roof repair, sewer, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • 360 Community Manage Association, Phone Number (602) 863-3600
  • Hermosa Place Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,627

Year Built

Built in 1986

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: University & Farmer
  • 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
  • Updated Floors: Partial
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: NW Corners of Farmer Ave, on University Drive
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: Hermosa Place Condominiums
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Stone
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Accessibility Features: Ktch Low Cabinetry
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Furnished(See Rmrks), Full Bth Master Bdrm
  • Living Area: 864.0
  • Stories: 1
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Front
  • Pool Features: Play Pool
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Brick
  • Roof: Tile
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Amenities: Rental OK (See Rmks)
  • 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 Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 360 Community Manage
  • Association Fees:HOA Telephone4: 6028633600
  • 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 Manage
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Broadmor Elementary School
  • 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: 93.0
  • Parcel #: 313-34-126
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 1627.0
  • Tax Book Number: 313.00
  • Tax Lot: 202
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Freedom Elite Rental 3 Llc
Bought by
Freedom Elite Rental Vii Llc
Current Estimated Value
$336,383

Purchase Details

Closed on
Nov 5, 2021
Sold by
Freedom Elite Rental 3 Llc
Bought by
Freedom Elite Rental Vii Llc

Purchase Details

Listed on
Feb 6, 2018
Closed on
Feb 27, 2018
Sold by
Wilburn Kristopher R and Wilburn Kristopher R
Bought by
Freedom Elite Rental 3 Llc
Seller's Agent
Frederick Weaver IV
Keller Williams Realty Phoenix
Buyer's Agent
Stephanie Pieper
eXp Realty
List Price
$147,500
Sold Price
$147,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$110,625
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2004
Sold by
C S S Enterprises Inc
Bought by
Wilburn Kristopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.86%
Mortgage Type
New Conventional
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
Freedom Elite Rental Vii Llc -- Benedict Legal
Freedom Elite Rental Vii Llc -- Benedict Legal
Freedom Elite Rental 3 Llc $147,500 Fidelity National Title Agen
Wilburn Kristopher R $144,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freedom Elite Rental 3 Llc $110,625
Previous Owner Wilburn Kristopher R $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $335,000 +6.3% $388 / Sq Ft
06/09/2022 06/09/22 For Sale $315,000 +113.6% $365 / Sq Ft
03/01/2018 03/01/18 Sold $147,500 0.0% $171 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $147,500 -- $171 / 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 $1,474 $15,222 -- --
2024 $1,456 $10,932 -- --
2023 $1,456 $18,930 $3,780 $15,150
2022 $1,616 $15,370 $3,070 $12,300
2021 $1,627 $13,970 $2,790 $11,180
2020 $1,578 $13,450 $2,690 $10,760
2019 $1,548 $13,030 $2,600 $10,430
2018 $1,509 $12,960 $2,590 $10,370
2017 $1,464 $12,220 $2,440 $9,780
2016 $1,454 $12,330 $2,460 $9,870
2015 $1,220 $11,560 $2,310 $9,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6413919

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-126