NOT LISTED FOR SALE

510 W University Dr Unit 205 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $364,000 - $433,000

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

Last Sold July 28, 2020

Last sale price $250,000 $231 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,397/month

3 Days on Market

Highlights

  • Unit is on the top floor
  • Community Pool
  • Double Pane Windows
  • End Unit
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of July 2020

Come check out this UPDATED 3 bed/2 bath END UNIT second floor condo with NO upstairs neighbor! Lovely LARGE covered patio at the entrance + balcony off of the master bedroom! Open concept great room, kitchen w/breakfast bar and dining area - perfect for entertaining! Kitchen has upgraded cabinets! All bedrooms have a walk-in closet. Tile in all main living areas and bathrooms. Home also has inside laundry and a small interior storage room. ENTIRE interior freshly painted including doors and trim!
Carpets cleaned! Renovated main bath! Beautiful community with pool and lots of green space! 2 assigned parking spots (1 covered). GREAT LOCATION - walk to Downtown Tempe restaurants and entertainment + PERFECT for ASU students! Close to Tempe Town Lake, freeways and airport! WELCOME HOME!

Last Agent to Sell the Property

Tim Cusick

Homelogic Real Estate License #BR043285000 Listed on: 06/16/2020

Co-Listed By

Wesley Ballew

Brokers Hub Realty, LLC License #SA656553000

Last Buyer's Agent

Alli Dubberly

eXp Realty License #SA674193000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • 1 Common Wall

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
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Unit is on the top floor

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 124-33-129

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, trash, roof replacement, maintenance exterior
  • Gerson Property Mgt Association, Phone Number (480) 921-3332
  • Hermosa Place Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,949

Year Built

Built in 2003

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: W University Dr & S Mill Ave
  • Legal Info Range: 4E
  • 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
  • Items Updated Floor Yr Updated: 2013
  • 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: 2019
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: hopr001
  • Co List Office Phone: 480-346-4111
  • Subdivision Name: Hermosa Place Condominiums
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 135.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1081.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • 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: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 135.0
  • 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:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Gerson Property Mgt
  • Association Fees:HOA Management Phone: 480.921.3332
  • 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:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, 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: 1088.0
  • Parcel #: 124-33-129

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1949.0
  • Tax Book Number: 124.00
  • Tax Lot: 205
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 20, 2020
Sold by
Keesler Kevin Jay and Keesler Angela C
Bought by
Schleicher Paul and Schleicher Carol
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Alli Dubberly
eXp Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$395,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,611
Avg. Annual Appreciation
9.14%
Original Mortgage
$205,200
Outstanding Balance
$182,295
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$213,316

Purchase Details

Closed on
Aug 6, 2015
Sold by
Keeslar Kevin Jay and Keeslar Angela C
Bought by
The Keeslar Family Trust

Purchase Details

Listed on
Feb 11, 2013
Closed on
May 17, 2013
Sold by
Miller Robert L
Bought by
Keeslar Kevin Jay and Keeslar Angela C
Seller's Agent
Greg Kilroy
Keller Williams Realty Sonoran Living
Buyer's Agent
Linda Gibson
Keller Williams Realty East Valley
List Price
$170,000
Sold Price
$167,500
Premium/Discount to List
-$2,500
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$117,250
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Weber Kurt and Weber Dore
Bought by
Miller Robert L

Purchase Details

Closed on
Jul 12, 2005
Sold by
Miller Ivy
Bought by
Miller Robert L

Purchase Details

Closed on
Jun 11, 2004
Sold by
Agi Investors Llc
Bought by
Weber Kurt and Weber Dore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
6.75%
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
Schleicher Paul $250,000 Old Republic Title Agency
The Keeslar Family Trust -- None Available
Keeslar Kevin Jay $167,500 Old Republic Title Agency
Miller Robert L $271,500 Arizona Title Agency Inc
Miller Robert L -- Arizona Title Agency Inc
Weber Kurt $194,000 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schleicher Paul $205,200
Previous Owner Keeslar Kevin Jay $117,250
Previous Owner Weber Kurt $135,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2020 07/28/20 Sold $250,000 0.0% $231 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $250,000 +49.3% $231 / Sq Ft
05/23/2013 05/23/13 Sold $167,500 -1.5% $155 / Sq Ft View Prior Sale
02/11/2013 02/11/13 For Sale $170,000 -- $157 / 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 $2,298 $19,173 -- --
2024 $2,122 $18,260 -- --
2023 $2,122 $21,880 $4,370 $17,510
2022 $2,035 $18,180 $3,630 $14,550
2021 $2,049 $17,000 $3,400 $13,600
2020 $1,987 $16,710 $3,340 $13,370
2019 $1,949 $15,530 $3,100 $12,430
2018 $1,901 $15,600 $3,120 $12,480
2017 $1,844 $14,830 $2,960 $11,870
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

  • Tim Cusick

    Seller's Agent in 2020

    Tim Cusick

    Homelogic Real Estate

    (602) 790-7966

    2 in this area

    337 Total Sales

    Tim Cusick
    Section Image

  • W

    Seller Co-Listing Agent in 2020

    Wesley Ballew

    Brokers Hub Realty, LLC

    (480) 768-9333

    1 in this area

    73 Total Sales

    Wesley Ballew
    Section Image
  • Alli Dubberly

    Buyer's Agent in 2020

    Alli Dubberly

    eXp Realty

    (480) 720-3853

    68 Total Sales

    Alli Dubberly
    Section Image
  • Greg Kilroy

    Seller's Agent in 2013

    Greg Kilroy

    Keller Williams Realty Sonoran Living

    (480) 235-4312

    116 Total Sales

    Greg Kilroy
    Section Image

  • L

    Buyer's Agent in 2013

    Linda Gibson

    Keller Williams Realty East Valley

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6091575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-129

Arizona Maricopa County Tempe 85281 Downtown Tempe

510 W University Dr Unit 205, Tempe, AZ

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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