Bulk sale of 8 condos. No individual unit sales
Building A units 101, 103, 201, 203 Building F units 118, 119, 218, 220.
223/mo hoa per unit = $2,676/unit/yr
OPPORTUNITY ZONE, tax implications?
GEOID 04013318800 DESIGNATED QOZ ARIZONA MARICOPA COUNTY
Sold for $1,400,000
$1,400,000
510 W UNIVERSITY Drive #118, Tempe, AZ 85281
2beds
2baths
6,912sqft
Condominium
Built in 1986
-- sqft lot
$1,133,000 Zestimate®
$203/sqft
$1,806 Estimated rent
Home value
$1,133,000
$1.08M - $1.19M
$1,806/mo
Zestimate® history
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$1,806/mo
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$1,806/mo
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$8,034/mo
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Zillow last checked:
Listing updated:
Listed by:
Jay Haugen 480-612-7475,
RE/MAX Excalibur
Bought with:
Raquel Casian, SA645170000
Compass
Source: ARMLS,MLS#: 6969635
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Free-Standing Electric Oven
Features
- Flooring: Other, Carpet, Ceramic Tile
Interior area
- Total structure area: 6,912
- Total interior livable area: 6,912 sqft
Property
Parking
- Total spaces: 8
- Parking features: 1 Space/Unit
- Covered spaces: 8
Features
- Has private pool: Yes
Details
- Parcel number: 12433122
- Zoning: R3
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Frame, Painted, Stucco
- Roof: Tile
Condition
- Year built: 1986
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Pool
- Subdivision: HERMOSA PLACE CONDOMINIUMS
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $244,600
- Annual tax amount: $1,825
- Date on market: 1/16/2026
- Cumulative days on market: 90 days
- Ownership: Condominium
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $1,400,000+16.7%$203/sqft |
Source:  ARMLS #6969635 Report a problem | ||
| 1/16/2026 | Listed for sale | $1,200,000$174/sqft |
Source: ARMLS #6969635 Report a problem | ||
| 8/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/14/2023 | Price change | $1,495-6.3% |
Source: Zillow Rentals Report a problem | ||
| 7/26/2023 | Listed for rent | $1,595+72.4% |
Source: Zillow Rentals Report a problem | ||
| 11/21/2019 | Listing removed | $925 |
Source: Gerson Realty Co. #6003490 Report a problem | ||
| 10/24/2019 | Listed for rent | $925+3.4% |
Source: Gerson Realty & Management Company Inc. Report a problem | ||
| 10/24/2018 | Listing removed | $895 |
Source: Gerson Realty & Management Company Inc. Report a problem | ||
| 10/10/2018 | Price change | $895-5.8% |
Source: Gerson Realty & Management Company Inc. Report a problem | ||
| 9/6/2018 | Listed for rent | $950+6.1% |
Source: Gerson Realty & Management Company Inc. Report a problem | ||
| 10/12/2017 | Listing removed | $895 |
Source: Gerson Realty Co. #5649726 Report a problem | ||
| 9/12/2017 | Price change | $895-3.2% |
Source: Mike Gerson Report a problem | ||
| 8/24/2017 | Price change | $925+3.4% |
Source: Mike Gerson Report a problem | ||
| 8/2/2017 | Listed for rent | $895 |
Source: Mike Gerson Report a problem | ||
| 8/16/2016 | Listing removed | $895+5.3% |
Source: Mike Gerson Report a problem | ||
| 7/23/2015 | Listing removed | $850 |
Source: Mike Gerson Report a problem | ||
| 7/2/2015 | Listed for rent | $850+9.7% |
Source: Mike Gerson Report a problem | ||
| 4/8/2014 | Listing removed | $775 |
Source: Gerson Realty & Management Company Report a problem | ||
| 1/16/2014 | Price change | $775-2.5% |
Source: Gerson Realty & Management Company Report a problem | ||
| 7/19/2013 | Listed for rent | $795+2.6% |
Source: Gerson Realty & Management Company Report a problem | ||
| 8/11/2012 | Listing removed | $775 |
Source: Gerson Realty & Management Company Report a problem | ||
| 8/10/2012 | Price change | $775+4% |
Source: Gerson Realty & Management Company Report a problem | ||
| 7/20/2012 | Listed for rent | $745 |
Source: Gerson Realty & Management Company Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,817 +7% | $24,460 -4.5% |
| 2024 | $1,698 +1.2% | $25,620 +85.6% |
| 2023 | $1,678 +3.8% | $13,807 -11.1% |
| 2022 | $1,616 +2.4% | $15,530 +8.8% |
| 2021 | $1,578 +1.9% | $14,270 +6.1% |
| 2020 | $1,548 +2.5% | $13,450 +3.2% |
| 2019 | $1,509 | $13,030 +0.5% |
| 2018 | $1,509 +3.1% | $12,960 +6.1% |
| 2017 | $1,464 +4.9% | $12,220 -0.9% |
| 2016 | $1,397 +3.4% | $12,330 +6.7% |
| 2015 | $1,351 | $11,560 +29.9% |
| 2014 | -- | $8,900 +1.7% |
| 2013 | -- | $8,750 -3.8% |
| 2012 | -- | $9,100 -19.1% |
| 2011 | -- | $11,250 -18.8% |
| 2010 | -- | $13,850 -28.8% |
| 2009 | -- | $19,450 -8.5% |
| 2008 | -- | $21,250 +23.2% |
| 2007 | -- | $17,250 +82.5% |
| 2006 | -- | $9,450 |
| 2005 | -- | $9,450 +13.2% |
| 2004 | -- | $8,350 |
| 2003 | -- | $8,350 +49.1% |
| 2002 | -- | $5,600 |
Find assessor info on the county website
Neighborhood: Riverside
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Nearby schools
GreatSchools rating
- 4/10Scales Technology AcademyGrades: PK-5Distance: 0.6 mi
- 2/10Geneva Epps Mosley Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Tempe High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Scales Technology Academy
- Middle: Geneva Epps Mosley Middle School
- High: Tempe High School
- District: Tempe School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,133,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,133,000
- Arizona
- Maricopa County
- Tempe
- 85281
- Riverside
- 510 W UNIVERSITY Drive Unit 118
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