NOT LISTED FOR SALE

510 W University Dr Unit 217 Tempe, AZ 85281

Riverside Neighborhood

Estimated Value: $331,000 - $417,000

3 Beds
2 Baths
1,081 Sq Ft
$135/mo HOA Fee

Last Sold December 29, 2021

Last sale price $315,000 $291 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,374/month

2 Days on Market

Highlights

  • Private Pool
  • Cooling Available
  • Heating Available
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of December 2021

Hermosa Place units rarely come available due to their high demand downtown Tempe - ASU location! Just a couple short blocks to campus and Mill Avenue shops and nightlife! This condo unit is perfect for faculty, ASU students, or an investor. Located on the second floor, it features 3-bedrooms , 1 3/4 bath and a private patio. There is an ensuite stacked washer/dryer, walk-in closet, and maitenance free wood look tile flooring. The new stainless fridge and crown moulding highlight.

Last Listed By

Mark Skelpsa

Blue Saguaro Commercial Realty, LLC License #SA642313000 Listed on: 12/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1986

Lot Details

  • 1,307

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,081 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Schools

  • Cecil Shamley Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Association fees include roof repair, insurance, ground maintenance, front yard maint, roof replacement, maintenance exterior
  • Hermosa Place Association, Phone Number (480) 921-3332
  • Hermosa Place Condominiums Unit 101 120 201 220 Subdivision

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 124-33-141

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,962

Year Built

Built in 1986

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Cross Street: University And Mill
  • 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: 135.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: West on University to property
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 135.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1081.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: Fenced
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association Name: Hermosa Place
  • Phone: 480-921-3332
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Hermosa Place
  • Association Fees:HOA Telephone4: 480-921-3332
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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

Fee Information

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

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1127.0
  • Parcel #: 124-33-141
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1962.0
  • Tax Book Number: 124.00
  • Tax Lot: 217
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Giacalone Martin
Bought by
Giacalone Martin and Giacalone Isabelle
Total Days on Market
2
Current Estimated Value
$370,503

Purchase Details

Listed on
Dec 20, 2021
Closed on
Dec 22, 2021
Sold by
Beyens Realty Llc
Bought by
Giacalone Martin
Seller's Agent
Mark Skelpsa
Blue Saguaro Commercial Realty, LLC
Buyer's Agent
Justin Gershanov
Barrett Real Estate
List Price
$332,000
Sold Price
$315,000
Premium/Discount to List
-$17,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 6, 2016
Sold by
Behrens Elicia R
Bought by
Beyens Realty Llc
Seller's Agent
Marline Haymond
West USA Realty
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Purchase Details

Listed on
Jul 8, 2012
Closed on
Aug 9, 2012
Sold by
Davis John A
Bought by
Behrens Elicia R
Seller's Agent
Janice Forwood
ProSmart Realty
Buyer's Agent
Russell Shaw
Realty One Group
List Price
$128,500
Sold Price
$128,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Dec 15, 2004
Sold by
Davis John A
Bought by
Davis John A and John A Davis Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2002
Sold by
Gutchewsky Jill E and Gutchewsky Jill
Bought by
Davis John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1999
Sold by
C S S Enterprises Inc
Bought by
Gutchewsky Jill E and Gutchewsky Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back

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
Giacalone Martin -- --
Giacalone Martin $315,000 Pioneer Title Agency Inc
Beyens Realty Llc $165,000 Pioneer Title Agency Inc
Behrens Elicia R $128,500 Old Republic Title Agency
Davis John A -- --
Davis John A $117,000 Equity Title Agency Inc
Gutchewsky Jill E $105,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis John A $132,000
Previous Owner Davis John A $105,300
Previous Owner Gutchewsky Jill E $84,000
Closed Gutchewsky Jill E $15,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $315,000 -5.1% $291 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $332,000 +101.2% $307 / Sq Ft
04/11/2016 04/11/16 Sold $165,000 -7.8% $153 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $179,000 0.0% $166 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $179,000 +39.3% $166 / Sq Ft
09/05/2012 09/05/12 Sold $128,500 0.0% $119 / Sq Ft
07/08/2012 07/08/12 For Sale $128,500 -- $119 / 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 $2,056 $18,352 -- --
2024 $2,031 $17,478 -- --
2023 $2,031 $21,260 $4,250 $17,010
2022 $1,948 $17,420 $3,480 $13,940
2021 $1,962 $15,850 $3,170 $12,680
2020 $1,902 $15,010 $3,000 $12,010
2019 $1,866 $15,110 $3,020 $12,090
2018 $1,820 $15,030 $3,000 $12,030
2017 $1,765 $14,350 $2,870 $11,480
2016 $1,753 $14,630 $2,920 $11,710
2015 $1,684 $13,820 $2,760 $11,060
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6334004

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-33-141