NOT LISTED FOR SALE

720 S Lebanon Ln Unit D Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $229,000 - $277,000

2 Beds
2 Baths
987 Sq Ft
$263/Sq Ft Est. Value

Highlights

  • Property is near public transit
  • Heated Community Pool
  • Skylights
  • Santa Fe Architecture
  • Tennis Courts
  • Patio

About This Home

As of September 2014

Single level condo located in popular north Tempe's University Shadows. Two bedrooms with neutral carpet, two full baths, tile in the kitchen, baths, and most of the main living area. Two tone paint throughout. Large enclosed and gated front patio with separate storage room. Master bedroom features a separate bedroom exit with private enclosed and gated patio. Four skylights give this condo a bright and open feel. Washer and dryer included! Sparkling Pebble Tec community pool/spa, plus tennis/basketball court. Close to freeways 101, 202, and the 60, ASU, Tempe Towne Lake, Tempe Marketplace, Mesa Riverview, and the NEW Chicago Cubs Training Facility is right down the street!

Last Agent to Rent the Property

Jill Formenti

US Investment Realty, LLC License #SA585194000 Listed on: 08/14/2014

Last Renter's Agent

Carolyn Fiedler

1st Southwest Realty, LLC License #SA043100000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $701

Year Built

  • Built in 1979

Lot Details

  • 1,031 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Front Yard Sprinklers

Home Design

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

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Property Available on 8/12/14
  • Rent includes repairs, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot D
  • Assessor Parcel Number 135-39-128

Community Details

Overview

  • Property has a Home Owners Association
  • University Shadows Association, Phone Number (602) 437-4777
  • Built by Taschner
  • University Shadows Subdivision

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$701

Year Built

Built in 1979

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Repairs, Garbage Collection
  • Available Date: 2014-08-12

Listing Details

  • Cross Street: UNIVERSITY & 101
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Rental Info H O A Name: University Shadows
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.8
  • Lease Term Minimum Lease Term Months: 12
  • Directions: East on University, North on Lebanon to unit on west side.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Subdivision Name: UNIVERSITY SHADOWS
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Spa Features: Community, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 987.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Patio, Storage
  • Lot Features: Desert Front, Irrigation Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Foam
  • 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: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool, Tennis Court(s)
  • Association Name: University Shadows
  • Phone: 602-437-4777
  • Association: Yes

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size Sq Ft: 1031.0
  • Parcel #: 135-39-128
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Taschner

Tax Info

  • Tax Book Number: 135.00
  • Tax Lot: D
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Rzp Real Estate Holdings Llc
Bought by
Mincu Samuil and Muntean-Mincu Rusalina
Current Estimated Value
$259,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Outstanding Balance
$238,276
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$21,081

Purchase Details

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

Purchase Details

Closed on
Dec 4, 2019
Sold by
Smith David M and The Betty L Fost Trust
Bought by
Atr Properties Llc

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:

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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
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
09/01/2014 09/01/14 Rented $850 0.0% --
09/01/2014 09/01/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $850 -- --
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: 5157945

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-39-128