$144,000
SOLD DEC 17, 2019

720 S Lebanon Ln Unit 3D Tempe, AZ 85281

Apache Neighborhood
2 Beds
2 Baths
987 Sq Ft
$350/mo HOA Fee

Recently Sold

$146 Per Sq Ft

10% Below List Price

37 Days on Market

Highlights

  • Community Pool
  • Outdoor Storage
  • Ceiling Fan
  • Covered patio or porch
  • Central Air
  • High Speed Internet

About This Home

As of January 2024

fresh paint and new carpet. Really nice single level condo in Tempe. Come and take a look

Last Agent to Sell the Property

Daniel Smith

RealtyONEGroup Mountain Desert License #SA634332000 Listed on: 10/17/2019

RealtyONEGroup Mountain Desert

Last Buyer's Agent

Rema Haddad

My Home Group Real Estate License #SA671351000

My Home Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $736

Year Built

  • Built in 1979

Lot Details

  • Wrought Iron Fence

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block D / 3
  • Assessor Parcel Number 135-39-128

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$736

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Cross Street: University & 101
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 350.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2019
  • Directions: University & 101 Directions: East on University, North on Lebanon to unit on left #7
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: UNIVERSITY SHADOWS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 350.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm
  • Living Area: 987.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Storage
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association Name: University Shadows
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: University Shadows
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 900.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street 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:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, 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: 736.0
  • Tax Block: 3
  • 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
$261,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,285
Avg. Annual Appreciation
1.46%
Original Mortgage
$242,250
Outstanding Balance
$239,315
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$21,619

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
11.12%

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
$25,950
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

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

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Range of Values:

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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
Warranty Deed $255,000 Pioneer Title Agency
Special Warranty Deed -- Professional Escrow Resources
Warranty Deed $144,000 Lawyers Title Of Arizona Inc
Trustee Deed $46,001 None Available
Warranty Deed $172,900 Chicago Title Insurance Co
Interfamily Deed Transfer -- First American Title
Warranty Deed $79,900 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,250 New Conventional
Previous Owner $25,950 Stand Alone Second
Previous Owner $138,300 Purchase Money Mortgage
Previous Owner $75,900 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $701 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5992779

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-39-128