NOT LISTED FOR SALE

720 S Lebanon Ln Unit 3D Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $237,000 - $272,000

2 Beds
2 Baths
987 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $255,000 $258 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,740/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Tennis Courts
  • Tile Flooring
  • Community Pool
  • Patio
  • Outdoor Storage

About This Home

As of January 2024

Clean, high ceiling 2 bed/2 bath townhome. Amazing location! Walkable to Sloan Park (Cubs spring training location) and a few minutes drive to shopping/dining and ASU. Roof was recently replaced. Lots of guest parking and great community amenities.

Last Agent to Sell the Property

Rema Haddad

My Home Group Real Estate License #SA671351000 Listed on: 10/05/2023

My Home Group Real Estate

Last Buyer's Agent

Andrew Reeves

Cluff Real Estate LLC License #SA656925000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $802

Year Built

  • Built in 1979

Lot Details

  • 1,031 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Cecil Shamley Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot D
  • Assessor Parcel Number 135-39-128

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Heywood Management Association, Phone Number (480) 820-1519
  • University Shadows Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$802

Year Built

Built in 1979

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Cross Street: University & 101
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 325.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2023
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: University Shadows
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 258.35
  • Association Fees:HOA Fee2: 325.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm, Laminate Counters
  • Living Area: 987.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Laminate Counters: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Storage
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Tennis Court(s)
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association Name: University Shadows
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 185.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: University Shadows
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1050.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 650.0
  • Association Fees:Other Fees Description: Inspection & processing fees
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Management
  • Association Fee Incl:Front Yard Maint: Yes
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1031.0
  • Parcel #: 135-39-128

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 801.64
  • Tax Book Number: 135.00
  • Tax Lot: D
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 3, 2024
Sold by
Rzp Real Estate Holdings Llc
Bought by
Mincu Samuil and Muntean-Mincu Rusalina
Seller's Agent
Rema Haddad
My Home Group Real Estate
Buyer's Agent
Andrew Reeves
Cluff Real Estate LLC
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%
Views
110
Current Estimated Value
$256,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,998
Avg. Annual Appreciation
0.41%
Original Mortgage
$242,250
Outstanding Balance
$238,276
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$18,722

Purchase Details

Closed on
Nov 17, 2022
Sold by
Passman Rema
Bought by
Rzp Real Estate Holdings Llc

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 4, 2019
Sold by
Smith David M and The Betty L Fost Trust
Bought by
Atr Properties Llc
Seller's Agent
Daniel Smith
RealtyONEGroup Mountain Desert
Buyer's Agent
Rema Haddad
My Home Group Real Estate
List Price
$159,900
Sold Price
$144,000
Premium/Discount to List
-$15,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Kent Kristopher
Bought by
Smith David M and The Betty L Fost Trust

Purchase Details

Closed on
Oct 17, 2006
Sold by
Schell Bernard E and Schell Sharon A
Bought by
Kent Kristopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,300
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Morrison Garnette M
Bought by
Morrison Garnette M and The Bernice Helen Shoberg Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2001
Sold by
Morrison Garnette M
Bought by
Schell Bernard E and Schell Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mincu Samuil $255,000 Pioneer Title Agency
Rzp Real Estate Holdings Llc -- Professional Escrow Resources
Atr Properties Llc $144,000 Lawyers Title Of Arizona Inc
Smith David M $46,001 None Available
Kent Kristopher $172,900 Chicago Title Insurance Co
Morrison Garnette M -- First American Title
Schell Bernard E $79,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mincu Samuil $242,250
Previous Owner Kent Kristopher $138,300
Previous Owner Schell Bernard E $75,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2024 01/03/24 Sold $255,000 0.0% $258 / Sq Ft
11/24/2023 11/24/23 Price Changed $255,000 -5.2% $258 / Sq Ft
10/11/2023 10/11/23 For Sale $269,000 +3.9% $273 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $259,000 +79.9% $262 / Sq Ft
12/17/2019 12/17/19 Sold $144,000 -3.9% $146 / Sq Ft View Prior Sale
11/23/2019 11/23/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $149,900 -6.3% $152 / Sq Ft
10/17/2019 10/17/19 For Sale $159,900 -- $162 / 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 $755 $7,244 -- --
2024 $802 $6,899 -- --
2023 $802 $17,220 $3,440 $13,780
2022 $769 $13,700 $2,740 $10,960
2021 $774 $12,450 $2,490 $9,960
2020 $751 $12,150 $2,430 $9,720
2019 $736 $10,170 $2,030 $8,140
2018 $718 $8,330 $1,660 $6,670
2017 $697 $6,970 $1,390 $5,580
2016 $692 $6,960 $1,390 $5,570
2015 $665 $6,250 $1,250 $5,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rema Haddad

    My Home Group

    (480) 505-6300

    1 in this area

    4 Total Sales

    Rema Haddad
    Section Image
  • Andrew Reeves

    Buyer's Agent in 2024

    Andrew Reeves

    Cluff Real Estate LLC

    (602) 639-2901

    1 in this area

    82 Total Sales

    Andrew Reeves
    Section Image

  • D

    Seller's Agent in 2019

    Daniel Smith

    RealtyONEGroup Mountain Desert

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6614309

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-39-128

Arizona Maricopa County Tempe 85281 Apache

720 S Lebanon Ln Unit 3D, Tempe, AZ

Not Listed for Sale

Townhouses

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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