NOT LISTED FOR SALE

510 W University Dr Unit 219 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $302,000 - $372,000

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. 55% increase in value since last sale

Current estimated payment $2,023/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 Listed By

Vincent Fumusa

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

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
  • 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

  • Refrigerated Cooling System
  • 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 (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Other
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Painted, Stucco, Frame - Wood
  • 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: Refrigeration
  • Heating: Electric
  • 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
  • ResoLotSizeUnits: SquareFeet

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%
Total Days on Market
12
Current Estimated Value
$323,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,416
Avg. Annual Appreciation
9.59%
Original Mortgage
$166,400
Outstanding Balance
$121,799
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$201,617

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
Stand Alone Refi Refinance Of Original Loan

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

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

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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