NOT LISTED FOR SALE

510 W University Dr Unit 205 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $378,000 - $439,000

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. 61% increase in value since last sale

Current estimated payment $2,451/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 Listed By

Tim Cusick

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

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

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

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

  • Refrigerated Cooling System
  • 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

Security

  • Fire Sprinkler System

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
  • Directions: Go west on W University Dr to right/north into Hermosa Place Condominiums. 2nd building on the right. End unit. Upstairs.
  • 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
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, 3/4 Bath Master Bdrm, High Speed Internet, Laminate Counters
  • Living Area: 1081.0
  • Stories: 2
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • 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
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • 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: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • 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: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 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
  • ResoLotSizeUnits: SquareFeet

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
Total Days on Market
3
Current Estimated Value
$402,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,614
Avg. Annual Appreciation
9.98%
Original Mortgage
$205,200
Outstanding Balance
$184,681
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$209,187

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
7.40%
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

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 Change Sq Ft Price
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
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 $2,148 $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

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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