NOT LISTED FOR SALE

510 W University Dr Unit 219 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $307,301 - $364,000

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

Last Sold July 15, 2020

Last sale price $208,000 $241 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,043/month

12 Days on Market

Highlights

  • Unit is on the top floor
  • Granite Countertops
  • Balcony
  • Property is near public transit
  • Community Pool
  • Eat-In Kitchen

About This Home

As of July 2020

Location, Location, Location......ASU 5 blocks away, Mill Street 3 blocks away, Whole Foods 500 feet away, Chili's 300 feet away, and Oreganos across the street. Conveniently located to ASU, restaurants, and entertainment within walking distance. Remodeled 2 Bedroom, 2 Bathroom Condominium located in the heart of Tempe. Freshly painted throughout with Crown Molding, and large baseboards. Beautiful granite counter tops in kitchen complement the updated refinished cabinets and brushed nickel hardware. Gorgeous newer wood laminate throughout the entire home including bedrooms with tile in kitchens and bathrooms. Newer bathroom vanities, counter tops, toilets, sinks, faucets and fixtures! Newer 6 panel doors with door hardware including hinges. Ceiling fan/light combos

Last Agent to Sell the Property

Vincent Fumusa

HomeSmart License #SA515405000 Listed on: 05/18/2020

HomeSmart

Last Buyer's Agent

Pawan Gulati

HomeSmart License #SA669232000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls
  • Desert faces the front and back of the property

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Unit is on the top floor
  • 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

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

Additional Features

  • No Interior Steps
  • Balcony

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number 124-33-143

Community Details

Overview

  • Association fees include ground maintenance, trash, maintenance exterior
  • Hermosa Place Association, Phone Number (480) 921-3332
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,548

Year Built

Built in 1986

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: University Drive and Mill Ave
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 135.0
  • 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
  • Tax Year: 2019
  • Directions: West on University Drive turn right(north) into Hermosa Place Condominiums. Unit in first building on left (west) side.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 135.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 864.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: 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
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop
  • 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 Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Trash, 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: 958.0
  • Parcel #: 124-33-143

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1548.0
  • Tax Book Number: 124.00
  • Tax Lot: 219
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 14, 2020
Sold by
Luna Hector M and Luna Elsa S
Bought by
Sindwani Sunil Kumar and Sindwani Rajni
Seller's Agent
Vincent Fumusa
HomeSmart
Buyer's Agent
Pawan Gulati
HomeSmart
List Price
$230,000
Sold Price
$208,000
Premium/Discount to List
-$22,000
-9.57%
Current Estimated Value
$328,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,325
Avg. Annual Appreciation
9.21%
Original Mortgage
$166,400
Outstanding Balance
$120,957
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$202,459

Purchase Details

Listed on
Oct 24, 2017
Closed on
Feb 21, 2018
Sold by
Fixman Bruce A and Adamson Vivian C
Bought by
Luna Hector M and Luna Elsa S
Seller's Agent
Jimmy Evans
HomeSmart
Buyer's Agent
Caleb Janus
Real Broker
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$107,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2017
Sold by
Foreman Catherine N
Bought by
Fixman Bruce A and Adamson Vivian C

Purchase Details

Closed on
Aug 24, 2007
Sold by
Foreman Catherine N and Foreman Brett R
Bought by
Foreman Catherine N and Foreman Brett R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2000
Sold by
C S S Enterprises Inc
Bought by
Barrera Catherine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,933
Interest Rate
8.38%
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
Sindwani Sunil Kumar $208,000 Wfg National Title Ins Co
Luna Hector M $165,000 Magnus Title Agency Llc
Fixman Bruce A $127,500 Fidelity National Title Agen
Foreman Catherine N -- Fidelity National Title Agen
Foreman Catherine N -- First American Title Ins Co
Barrera Catherine N $98,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sindwani Sunil Kumar $166,400
Previous Owner Luna Hector M $107,250
Previous Owner Foreman Catherine N $152,000
Previous Owner Barrera Catherine N $95,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $208,000 -5.5% $241 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $220,000 -4.3% $255 / Sq Ft
05/18/2020 05/18/20 For Sale $230,000 +39.4% $266 / Sq Ft
03/09/2018 03/09/18 Sold $165,000 -2.9% $191 / Sq Ft
10/22/2017 10/22/17 For Sale $169,900 0.0% $197 / Sq Ft
10/28/2016 10/28/16 Rented $895 0.0% --
09/01/2016 09/01/16 For Rent $895 -- --
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 $1,135 $15,222 -- --
2024 $1,456 $14,497 -- --
2023 $1,456 $18,930 $3,780 $15,150
2022 $1,391 $15,370 $3,070 $12,300
2021 $1,418 $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 $1,397 $11,560 $2,310 $9,250
Source: Public Records

Agents Affiliated with this Home

  • Vincent Fumusa

    Seller's Agent in 2020

    Vincent Fumusa

    HomeSmart

    (480) 889-3700

    73 Total Sales

    Vincent Fumusa
    Section Image
  • Pawan Gulati

    Buyer's Agent in 2020

    Pawan Gulati

    HomeSmart

    (602) 625-5524

    1 in this area

    35 Total Sales

    Pawan Gulati
    Section Image
  • Jimmy Evans

    Seller's Agent in 2018

    Jimmy Evans

    HomeSmart

    (480) 759-0591

    2 Total Sales

    Jimmy Evans
    Section Image

  • C

    Buyer's Agent in 2018

    Caleb Janus

    Real Broker

    (602) 690-4022

    70 Total Sales

    Caleb Janus
    Section Image
  • Keenan Freeman

    Seller's Agent in 2016

    Keenan Freeman

    Gerson Realty Co.

    (480) 921-3332

    1 in this area

    8 Total Sales

    Keenan Freeman
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    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: 6079694

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-143

Arizona Maricopa County Tempe 85281 Riverside

510 W University Dr Unit 219, Tempe, AZ

This home is located at 510 W University Dr Unit 219, Tempe, AZ 85281 since 18 May 2020 and is currently estimated at $328,325, approximately $380 per square foot. This property was built in 1986. 510 W University Dr Unit 219 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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