NOT LISTED FOR SALE

820 W University Dr Unit 5 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $387,000 - $408,000

3 Beds
2.5 Baths
1,098 Sq Ft
$359/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $307,000 $280 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,285/month

2 Days on Market

Highlights

  • End Unit
  • 1 Car Direct Access Garage
  • Tile Flooring
  • Private Yard
  • Breakfast Bar
  • 4-minute walk to Mitchell Park

About This Home

As of February 2021

Investor Opportunity! Current tenants lease is valid until 8/31/2021. AC replaced in 2020, hot water heater replaced in 2019. This charming 3 bedroom 2.5 bath is located in the heart of Tempe, close to ASU, entertainment and shopping district & I10/202/101 freeways. It was updated in 2017 with new flooring, modern fixtures, cabinets and quartz countertops. There's an attached 1-car garage plus a dedicated driveway in front of home and small vehicle parking allowed in front of garage. Private fenced backyard. Laundry in garage (full size washer/dryer). Tenants rights...showings will only be scheduled after offer is accepted.

Last Agent to Sell the Property

Kendra Davidson

Erickson Realty Group L.L.C. License #SA661888000 Listed on: 01/05/2021

Last Buyer's Agent

Mary Jo Santistevan

SERHANT. License #SA581367000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1983

Lot Details

  • 1,468 Sq Ft Lot
  • End Unit
  • Wood Fence
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Desert Realty Manage Association, Phone Number (602) 861-5980
  • Rosen Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 124-34-150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,776

Year Built

Built in 1983

Lot Details

0

HOA Fees

$53 per month

Parking

1

Listing Details

  • Cross Street: University & Hardy
  • 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: 52.5
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ROSEN PLACE
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 52.5
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 1098.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Private Yard
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls, End Unit
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Block
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 52.5
  • Association Fee Frequency: Monthly
  • Association Name: Rosen Place
  • Phone: 602-861-5980
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Rosen Place
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Desert Realty Manage
  • Association Fees:HOA Management Phone: 602-861-5980
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 1468.0
  • Parcel #: 124-34-150

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1776.0
  • Tax Book Number: 124.00
  • Tax Lot: 5
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Cloutier David R and Cloutier Beatrice
Bought by
Pompa-Cloutier Family Trust
Current Estimated Value
$393,812

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jan 7, 2021
Sold by
Mesa Pacific Llc
Bought by
Cloutier David R and Pompa Beatrice
Seller's Agent
Kendra Davidson
Erickson Realty Group L.L.C.
Buyer's Agent
Mary Jo Santistevan
SERHANT.
List Price
$299,000
Sold Price
$307,000
Premium/Discount to List
$8,000
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$228,750
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 30, 2017
Sold by
Fountain Thomas
Bought by
Mesa Pacific Llc
Seller's Agent
Miguel Pinedo
Perk Prop Real Estate
Buyer's Agent
Jennifer Weinbrenner
My Home Group Real Estate
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$156,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 1, 2017
Sold by
Smith Michael Nelson and Smith Michael Nelson
Bought by
Fountain Thomas
Seller's Agent
Miguel Pinedo
Perk Prop Real Estate
Buyer's Agent
Jennifer Weinbrenner
My Home Group Real Estate
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2012
Sold by
Tamura Haruko
Bought by
Smith Michael Nelson

Purchase Details

Closed on
Sep 18, 2006
Sold by
Smith Michael Nelson
Bought by
Smith Michael Nelson and Tamura Haruko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2006
Sold by
Tamura Haruko
Bought by
Smith Michael Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Degener Henry A and Degener Gale H
Bought by
Loper Grant E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2001
Sold by
Full Gloria E
Bought by
Degener Henry A and Degener Gale H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Pompa-Cloutier Family Trust -- None Listed On Document
Cloutier David R $307,000 First American Title Ins Co
Mesa Pacific Llc -- Accommodation
Fountain Thomas $195,000 Magnus Title Agency Llc
Smith Michael Nelson -- None Available
Smith Michael Nelson -- None Available
Smith Michael Nelson $239,900 Security Title Agency Inc
Smith Michael Nelson -- Security Title Agency Inc
Loper Grant E $128,000 Security Title Agency
Degener Henry A $116,500 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cloutier David R $228,750
Previous Owner Fountain Thomas $156,000
Previous Owner Smith Michael Nelson $191,920
Previous Owner Smith Michael Nelson $191,920
Previous Owner Loper Grant E $102,400
Previous Owner Degener Henry A $116,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2021 02/09/21 Sold $307,000 +2.7% $280 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $299,000 0.0% $272 / Sq Ft
09/01/2020 09/01/20 Rented $1,695 0.0% --
08/19/2020 08/19/20 For Rent $1,695 +14.9% --
01/01/2018 01/01/18 Rented $1,475 0.0% --
11/14/2017 11/14/17 Price Changed $1,475 -3.3% $1 / Sq Ft
10/24/2017 10/24/17 Price Changed $1,525 -4.7% $1 / Sq Ft
10/13/2017 10/13/17 For Rent $1,600 0.0% --
06/30/2017 06/30/17 Sold $195,000 -2.0% $178 / Sq Ft View Prior Sale
06/24/2017 06/24/17 Price Changed $199,000 0.0% $181 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $199,000 -- $181 / 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 $2,054 $17,139 -- --
2024 $1,897 $16,323 -- --
2023 $1,897 $29,920 $5,980 $23,940
2022 $1,820 $22,580 $4,510 $18,070
2021 $1,832 $18,650 $3,730 $14,920
2020 $1,776 $18,270 $3,650 $14,620
2019 $1,743 $17,660 $3,530 $14,130
2018 $1,699 $14,770 $2,950 $11,820
2017 $1,649 $14,230 $2,840 $11,390
2016 $1,637 $13,470 $2,690 $10,780
2015 $1,573 $12,470 $2,490 $9,980
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kendra Davidson

    Erickson Realty Group L.L.C.

    (480) 497-1090

    1 in this area

    12 Total Sales

    Kendra Davidson
    Section Image
  • Mary Jo Santistevan

    Buyer's Agent in 2021

    Mary Jo Santistevan

    SERHANT.

    (480) 703-4085

    1 in this area

    226 Total Sales

    Mary Jo Santistevan
    Section Image
  • Jim Elfline

    Seller's Agent in 2018

    Jim Elfline

    Keyrenter Premier Property Management

    (480) 400-6040

    21 Total Sales

    Jim Elfline
    Section Image

  • M

    Seller's Agent in 2017

    Miguel Pinedo

    Perk Prop Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6177267

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-34-150

Arizona Maricopa County Tempe 85281 Downtown Tempe

820 W University Dr Unit 5, Tempe, AZ

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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