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510 W UNIVERSITY Drive, 117, Tempe, AZ 85281

$362,500
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,081 Lot Size (sq. ft.): 1,127 Status: Closed
Current Price: $362,500 Last Modified: 12/27/2023

Description

Location Location Location - This spacious ground level fully modern ASU campus condo is one of the rare 3 bedroom 2 bathroom with laundry units in town. Enjoy easy walks or bike rides to all that the Arizona State University campus has to offer including classes, sporting events, theater and cultural events, and kinds of fun entertainment and shopping. Currently rented to ASU students for many years this may continue to be a great rental or occupy in July when the current lease concludes. Rental rates run in the same range as a typical mortgage payment ($2000-$2500/mo) What a great way to build equity while not paying rent to a landlord! This property features a large kitchen and eating area with quartz countertops, upgraded cabinets, stainless appliances. Low maintenance tile flooring

Supplements: throughout, inside unit washer and dryer, covered patio. Two assigned parking spots, one of which is covered. High quality AC unit installed 2 years ago. The community has a pool to enjoy the beautiful sunny Arizona weather!

More Information MLS# 6486189

Contract Information

Status Change Date: 2023-05-31 Sold Price: $362,500 Status: Closed Current Price: $362,500 List Date: 2022-11-05 Type: ER Ownership: Condominium Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.5 Variable Commission: N

Location, Tax & Legal

Map Code/Grid: R36 House Number: 510 Compass: W Street Name: UNIVERSITY St Suffix: Drive Unit #: 117 City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 8266 Country: USA County Code: Maricopa Assessor's Map #: 33 Assessor's Parcel #: 121 Assessor Number: 124-33-121 Legal Description (Abbrev): LOT 117 HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220 MCR 031334 Subdivision: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220 Tax Municipality: Tempe Taxes: 1948 Tax Year: 2022

General Property Description

Dwelling Type: Apartment Style/Flat Dwelling Styles: Attached Exterior Stories: 2 # of Interior Levels: 1 # Bedrooms: 3 # Bathrooms: 2 Approx SQFT: 1081 Price/SqFt: 335.34 Horses: N Builder Name: UNK Year Built: 1986 Approx Lot SqFt: 1127 Approx Lot Acres: 0.026 Pool: Community Only Elementary School: Scales Technology Academy Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District

Remarks & Misc

Cross Street: University Drive & Mill Avenue Directions: -From University & Mill Avenue -West on University to 510 West University Dr -Property is on N University just West of Ash -Unit 117 will be the Left as you enter the community Geo Lat: 33.422347 Geo Lon: -111.946322

Status Change Info

Off Market Date: 2023-05-31 Under Contract Date: 2023-03-21 Close of Escrow Date: 2023-05-31 Sold Price: $362,500

Legal Info

Township: 1N Range: 4E Section: 16 Lot Number: 117

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: No HOA Fee: 135 HOA Paid Frequency: Monthly HOA Name: Hermosa Place HOA Telephone: (602) 863-3600 HOA Management Company: 60 Community Mgmt HOA Management Phone: (602) 863-3600 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee $/%: $ Disclosure Fees HOA: 400 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 135

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Parking Spaces

Carport Spaces: 1 Slab Parking Spaces: 1 Total Covered Spaces: 1

Contact Info

List Agent Home Phn: 602-740-8428

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession $/%: %

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Downstairs; Not Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace: No Fireplace Flooring: Tile Pool Features: No Pool Spa: None Community Features: Community Pool; Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen; Breakfast Bar; Breakfast Room Kitchen Features: Range/Oven Elec; Dishwasher; Refrigerator; Non-laminate Counter Laundry: Washer Included; Dryer Included; Inside Features: No Interior Steps Technology: Cable TV Avail; High Speed Internet Available Exterior Features: Covered Patio(s); Patio Parking Features: Assigned Parking Construction: Frame - Wood Const - Finish: Painted; Stucco Roofing: Tile Cooling: Refrigeration; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Grass Front Lockbox Type: Supra (ARMLS) Possession: Subject To Tenant Rights Unit Style: Neighbor Above; End Unit; Poolside; Ground Level Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint Assoc Rules/Info: Prof Managed Existing 1st Loan: Treat as Free&Clear New Financing: Conventional Disclosures: Seller Discl Avail
Listing Office: Realty ONE Group
Last Updated: December - 27 - 2023
510 W UNIVERSITY Drive, 117, Tempe, AZ 85281- MLS# 6486189
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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