NOT LISTED FOR SALE

510 W University Dr Unit 204 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $315,000 - $439,000

3 Beds
2 Baths
1,081 Sq Ft
$126/mo HOA Fee

Last Sold July 28, 2017

Last sale price $155,000 $143 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,280/month

20 Days on Market

Highlights

  • Heated Community Pool
  • Tile Flooring
  • Heating Available
  • Eat-In Kitchen
  • Stacked Washer and Dryer

About This Home

As of July 2017

Upstairs 3 bedroom unit available in a popular Tempe community! Very close to the ASU campus and downtown Tempe. This unit only has carpets in the bedrooms. Washer and dryer in the unit. Close to the community pool. Perfect for an investor or for an ASU student! Come by and see this unit.

Last Listed By

Michael Monaghan

Gerson Realty Co. License #SA646896000 Listed on: 07/01/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1986

Lot Details

  • Desert faces the front and back of the property

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 204
  • Assessor Parcel Number 124-33-128

Community Details

Overview

  • Gerson Realty Association, Phone Number (480) 921-3332
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Recreation

  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,753

Year Built

Built in 1986

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Cross Street: UNIVERSITY & MILL
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 126.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2016
  • Directions: From Mill W on University 1/4 mile to property 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: 126.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 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:Refrigerator2: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Management, Rental OK (See Rmks)
  • 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: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Gerson Realty
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: 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: 1133.0
  • Parcel #: 124-33-128
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1753.0
  • Tax Book Number: 124.00
  • Tax Lot: 204
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2017
Closed on
Jul 26, 2017
Sold by
Martinez Albert P
Bought by
Lataro Louise
Seller's Agent
Michael Monaghan
Gerson Realty Co.
Buyer's Agent
Raquel Casian
Compass
List Price
$168,000
Sold Price
$155,000
Premium/Discount to List
-$13,000
-7.74%
Total Days on Market
20
Current Estimated Value
$373,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,546
Avg. Annual Appreciation
11.41%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Martinez Pablo M and Martinez Rosa M
Bought by
Martinez Albert P and The Pablo M Martinez Irrevocable Trust

Purchase Details

Closed on
Apr 21, 2006
Sold by
Martinez Pablo M and Martinez Rosa M
Bought by
Martinez P M and Martinez Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 2035 S Elm St Unit 221, Tempe, AZ 85282

    $285,000

    • 2 Beds
    • 2 Baths
    • 1,004 Sq Ft
    • 2035 S Elm St
    • Unit 221
    • Tempe, AZ

    Buy this home and if YOU ARE NOT SATISFIED with your purchase in the first 12 Months I'LL BUY IT BACK or SELL IT FOR FREE. NO GIMMICKS! For more information on this Exclusive Buyer Protection Plan, call the listing agent directly. This home qualifies for a 1% buy-down rate for OUR VIP Buyers *Bonus 1 Don't get stuck owning two homes. BUY THIS HOME and I'LL BUY YOURS! If you're looking to buy a

    Carol A. Royse Your Home Sold

    Section Image
  • 540 N May Unit 1102C, Mesa, AZ 85201

    $295,000

    • 2 Beds
    • 2 Baths
    • 1,031 Sq Ft
    • 540 N May
    • Unit 1102C
    • Mesa, AZ

    This rare ground-floor, end-unit condo features a split floorplan with 2 bedrooms and 2 bathrooms. It includes an indoor laundry area, ample storage space, and a large patio with two additional storage closets. The unit is conveniently located near the community pool, recreation center, and sports court. The complex offers several pools, a variety of amenities, and walking paths throughout.You'll

    Brian Duncan Barrett Real Estate

    Section Image
  • 21 E 6th St Unit 311, Tempe, AZ 85281

    $419,000

    • 1 Bed
    • 1 Bath
    • 882 Sq Ft
    • 21 E 6th St
    • Unit 311
    • Tempe, AZ

    Truly one of a kind, 1 Bed, 1 Bath, 882 s.f., 11ft Ceilings, loft style exposed ductwork! Here is a rare opportunity for any future urban dweller. This Loft at the Orchidhouse boasts amazing views and great SUNLIGHT from its expansive 3rd floor windows. Customizations galore!! Wood floors, custom painting, custom cut art glass, built-ins, stainless steel, and exposed brick walls. Recently

    Tom Tokoph Urban Realty & Development, LLC

    Section Image
  • 435 W Rio Salado Pkwy Unit 210, Tempe, AZ 85281

    $425,000

    • 1 Bed
    • 1 Bath
    • 1,035 Sq Ft
    • 435 W Rio Salado Pkwy
    • Unit 210
    • Tempe, AZ

    Spacious condo all on 1 level except for laundry room basement which has direct entry from garage* No interior steps once you enter the living area* New A/C in 2023 w/10 year parts warranty & lifetime warranty on compressor* Dual-pane windows* Newer luxury vinyl floors* New light fixtures & ceiling fans* Open kitchen with big breakfast bar* Washer, dryer, refrig incl* Private covered patio with

    Kelly Hundelt Realty Executives

    Section Image
  • 1111 W University Dr Unit 2012, Tempe, AZ 85281

    $315,000

    • 1 Bed
    • 1 Bath
    • 896 Sq Ft
    • 1111 W University Dr
    • Unit 2012
    • Tempe, AZ

    Step into this light & bright unit offering an open floor plan with 9 ft ceilings! The modern kitchen boasts a sleek SS fridge and dark gray cabinets. The primary bedroom features a huge walk-in closet! Step outside to the relaxing balcony retreat. Inside laundry room! Unit can be sold FURNISHED, ideal for students or investors looking for a ready to go AIRBNB! The community, designed by

    Nicole Courtney Weichert, Realtors - Courtney Valleywide

    Section Image
  • 1081 W 1st St Unit 7, Tempe, AZ 85281

    $410,000

    • 3 Beds
    • 2.5 Baths
    • 1,423 Sq Ft
    • 1081 W 1st St
    • Unit 7
    • Tempe, AZ

    Seller may consider buyer concessions if made in an offer. Welcome to this elegant property, featuring a sophisticated neutral color scheme that provides a canvas for your style. The living room is warm and inviting, with a beautiful fireplace perfect for cozy evenings. The primary bathroom is a haven of relaxation, boasting double sinks for convenience. Fresh interior paint adds a modern touch

    Tara Jones Opendoor Brokerage, LLC

    Section Image
  • 120 E Rio Salado Pkwy Unit 201, Tempe, AZ 85281

    $460,000

    • 1 Bed
    • 1 Bath
    • 1,264 Sq Ft
    • 120 E Rio Salado Pkwy
    • Unit 201
    • Tempe, AZ

    Experience Tempe Town Lake living to it's finest! This beautiful condo has everything you need with a gourmet kitchen and appliances including refrigerator, gas cooktop/oven, DW. Also includes W/D, fireplace, prewired for surround sound and an extra storage room in the garage! This is the largest one bedroom floorplan available in Edgewater with a large patio offer stunning views of Tempe Town

    Diana Watson HomeSmart

    Section Image
  • 151 E Broadway Rd Unit 102, Tempe, AZ 85282

    $284,900

    • 2 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • 151 E Broadway Rd
    • Unit 102
    • Tempe, AZ

    Stylish 2 bed / 2 bath condo in a Prime Tempe Location! Ideal for ASU students or commuters, this updated condo offers modern conveniences and unbeatable accessibility. Features include a newer AC (installed September 2020), a spacious master suite with a walk-in closet, and a sleek galley kitchen with stainless steel appliances and granite countertops. Both bathrooms have been tastefully

    Rachael Richards RHouse Realty

    Section Image
  • 945 E Playa Del Norte Dr Unit 1003, Tempe, AZ 85281

    $465,000

    • 2 Beds
    • 2 Baths
    • 1,094 Sq Ft
    • 945 E Playa Del Norte Dr
    • Unit 1003
    • Tempe, AZ

    This lakeside luxury condo is a rare find! Nestled in the Northshore Condominium gated community, this meticulously maintained 2-bedroom, 2-bath ground-floor retreat offers elegance and convenience. Step inside to rich wood floors and gleaming stainless steel appliances. Your private outdoor patio extends your living space. It is complemented by an inviting gas fireplace—the perfect tranquil spot

    Robyne Roveccio Realty ONE Group

    Section Image
See All Homes in Tempe

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
Lataro Louise $155,000 Wfg National Title Insurance
Martinez Albert P -- None Available
Martinez P M -- Sonoran Title Services Inc
Martinez Pablo M -- Sonoran Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Pablo M $110,000
Previous Owner Martinez Pablo M $60
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $155,000 -7.7% $143 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $168,000 0.0% $155 / Sq Ft
10/02/2014 10/02/14 Rented $975 0.0% --
10/02/2014 10/02/14 Under Contract -- -- --
08/13/2014 08/13/14 For Rent $975 -- --
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 $2,056 $18,352 -- --
2024 $2,031 $17,478 -- --
2023 $2,031 $21,260 $4,250 $17,010
2022 $1,948 $17,420 $3,480 $13,940
2021 $1,962 $15,850 $3,170 $12,680
2020 $1,902 $15,010 $3,000 $12,010
2019 $1,866 $15,110 $3,020 $12,090
2018 $1,820 $15,030 $3,000 $12,030
2017 $1,765 $14,350 $2,870 $11,480
2016 $1,753 $14,630 $2,920 $11,710
2015 $1,684 $13,820 $2,760 $11,060
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Monaghan

    Gerson Realty Co.

  • Keenan Freeman

    Seller Co-Listing Agent in 2017

    Keenan Freeman

    Gerson Realty Co.

    (480) 921-3332

    1 in this area

    9 Total Sales

    Keenan Freeman
    Section Image
  • Raquel Casian

    Buyer's Agent in 2017

    Raquel Casian

    Compass

    (480) 522-9680

    53 Total Sales

    Raquel Casian
    Section Image

  • C

    Buyer's Agent in 2014

    Christopher Gray

    Russ Lyon Sotheby's International Realty

    (480) 720-5686

    6 Total Sales

    Christopher Gray
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5627336

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-128

Arizona Maricopa County Tempe 85281 Riverside

510 W University Dr Unit 204, Tempe, AZ

Homes for Sale in Tempe, AZ

This home is located at 510 W University Dr Unit 204, Tempe, AZ 85281 since 01 July 2017 and is currently estimated at $373,546, approximately $345 per square foot. This property was built in 1986. 510 W University Dr Unit 204 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

Nearby Homes