$48,500
SOLD JUL 12, 2012

540 S Allred Dr Unit 39A Tempe, AZ 85281

Apache Neighborhood
3 Beds
2 Baths
1,132 Sq Ft
1982 Built

Recently Sold

$43 Per Sq Ft

15% Above List Price

1 Day on Market

Highlights

  • Property is near public transit
  • End Unit
  • Community Pool
  • Santa Fe Architecture
  • Ground Level Unit
  • Tennis Courts

About This Home

As of July 2012

Three bedroom townhome in North Tempe's popular University Shadows. Features include: ceramic tile, carpet, 1132 sf, skylights & 2 private patios (one is gated with storage), The community has a sparkling pool/spa plus tennis. Near the 101/202, Tempe Towne Lake, Mesa, & Scottsdale.

Last Agent to Sell the Property

Jill Formenti

US Investment Realty, LLC License #SA585194000 Listed on: 02/24/2012

Last Buyer's Agent

Jill Formenti

US Investment Realty, LLC License #SA585194000 Listed on: 02/24/2012

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $927

Year Built

  • Built in 1982

Lot Details

  • Desert faces the front of the property
  • End Unit
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Desert Landscape

Parking

  • 1 Carport Space

Home Design

  • Santa Fe Architecture
  • Cluster Home
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,132 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Skylights
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Bedroom Exit
  • Primary Bathroom is a Full Bathroom

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Community Details

Overview

  • $650 per year Dock Fee
  • Association fees include blanket insurance policy, exterior maintenance of unit, front yard maint, garbage collection, roof repair, roof replacement
  • University Shadows HOA, Phone Number (602) 437-4777
  • Located in the Universitry Shadows master-planned community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$927

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Building Style: Clustered
  • Tax Municipality: Tempe
  • Cross Street: 101/University
  • Legal Info Block: 39
  • Legal Info Lot Number: A
  • Legal Info Range: 5E
  • Legal Info Section: 18
  • Legal Info Township: 1N
  • Property Type: A
  • Unit Style: All on One Level, End Unit, Ground Level, Two Common Walls
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 269.00
  • Hndrd Blk Directionl: W
  • Hundred Block: 500
  • Legal Description Abbrev: University Shadows
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Separate Bdrm Exit
  • Architecture: Territorial/Santa Fe
  • Assessor Parcel Number: 135-39-269
  • HOA Association Fee: 180.00
  • HOA Name: University Shadows
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 602-437-4777
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 180.00
  • Association Rules: Pets OK (See Rmrks), Prof Managed, Rental OK (See Rmks)
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Townhouse
  • Encoded Features: 32R1C
  • Map Code Grid: R38
  • Primary Bathroom Type: Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Carport Spaces: 1.00
  • Parking Spaces Total Covered Spaces: 1.00
  • Planned Comm Name: Universitry Shadows
  • Price per Sq Ft: 42.84
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1982
  • Tax Year: 2011
  • Directions: East on University, North on Allred, take second left on Allred
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Features: 9+ Flat Ceilings, No Interior Steps, Skylight(s)
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Bathrooms: 2.00
  • Laundry: Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: No Fireplace
  • Dining Area: Breakfast Bar, Dining in LR/GR, Eat-in Kitchen
  • Estimated Lot Sq Ft: 103.00
  • Estimated Sq Ft: 1132.00
  • Kitchen Features: Dishwasher, Disposal, Range/Oven Elec, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Community Only
  • Landscaping: Desert Front
  • Roofing: Built-Up
  • Fencing: Block, Wood, Wrought Iron
  • Construction: Frame - Wood
  • Exterior Features: Patio
  • Pool Private: No Pool

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Comm Tennis Court(s), Community Pool, Community Spa, Near Bus Stop, Near Light Rail Stop
  • Fee Include: Blanket Ins Policy, Exterior Mnt of Unit, Front Yard Maint, Garbage Collection, Roof Repair, Roof Replacement

Schools

  • Middle School: Connolly Middle School
  • High School: McClintock High School
  • High School: McClintock High School
  • Jr High School: Connolly Middle School

Building Info

  • Builder Name: Unknown

Tax Info

  • Taxes: 650.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Jul 3, 2012
Sold by
Myrowitz Jason
Bought by
Diamond Consulting Llc
Seller's Agent
Jill Formenti
US Investment Realty, LLC
Buyer's Agent
Jill Formenti
US Investment Realty, LLC
List Price
$42,000
Sold Price
$48,500
Premium/Discount to List
$6,500
15.48%
Current Estimated Value
$282,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,230
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Shumway Bill W and Shumway Nelda L
Bought by
Myrowitz Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
2.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 23, 2002
Sold by
Gray Carol A and Anderson Carol A
Bought by
Shumway Bill W and Shumway Nelda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 1996
Sold by
Kloss Daniel Stuart
Bought by
Anderson Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1996
Sold by
Wood Gaile K and Kloss Gaile K
Bought by
Kloss Daniel Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.98%
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 Type Sale Price Title Company
Cash Sale Deed $48,500 Driggs Title Agency Inc
Warranty Deed $159,000 --
Warranty Deed $90,200 Lawyers Title Of Arizona Inc
Warranty Deed $59,900 First American Title
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $143,000 Negative Amortization
Previous Owner $60,200 New Conventional
Previous Owner $55,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Rented $2,350 +2.2% --
05/15/2023 05/15/23 Under Contract -- -- --
02/21/2023 02/21/23 For Rent $2,300 +27.8% --
04/25/2020 04/25/20 Rented $1,800 -5.0% --
04/01/2020 04/01/20 For Rent $1,895 0.0% --
07/12/2012 07/12/12 Sold $48,500 +15.5% $43 / Sq Ft
07/02/2012 07/02/12 For Sale $42,000 0.0% $37 / Sq Ft
07/02/2012 07/02/12 Price Changed $42,000 0.0% $37 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $42,000 -- $37 / 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 $927 $8,278 -- --
2024 $916 $7,884 -- --
2023 $916 $18,610 $3,720 $14,890
2022 $879 $14,800 $2,960 $11,840
2021 $885 $13,510 $2,700 $10,810
2020 $858 $13,300 $2,660 $10,640
2019 $842 $11,320 $2,260 $9,060
2018 $821 $9,370 $1,870 $7,500
2017 $796 $7,910 $1,580 $6,330
2016 $791 $7,800 $1,560 $6,240
2015 $760 $7,070 $1,410 $5,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4721155

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-39-269