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$399,900 Just Listed
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Property Description
Fall in love with this move-in-ready townhome in a gated community! Enter to find an inviting living & dining room featuring new tile flooring (2024), tall vaulted ceilings, warm paint tones throughout, creating a bright and welcoming atmosphere. Kitchen is equipped with SS appliances, plenty of cabinets, and a two-tier breakfast bar and pantry. Upstairs, you'll discover a cozy loft that provides incredible flexibility as an office, reading nook, or additional lounge zone along with two bedrooms, two full bathrooms & full size laundry. The primary bedroom offers new carpet (June 2026), a private bathroom w/ dual sinks, separate tub & shower and a large walk-in closet. Venture to the back patio where you can enjoy your own private space. Located close to Tempe Marketplace, ASU, Tempe Town Lakes, 202 freeway, and much more. The townhomes is a rare find with all it has to offer.
Full Property Details
Full Property Details for 2027 E University Dr #132
General
- Price: $399,900
- HOA FEE: $200/month
- Taxes: $1,750 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7047750
- Updated: Today (7/1/2026)
- Added to Site: Today
Interior
- Interior Features: Double Vanity, Upstairs, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Laminate Counters
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Oven, Electric Cooktop
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Upstairs Laundry, Inside
Exterior
- Exterior Features: Private Street(s), Private Yard
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1N
- Subdivision: RIO VENTANA TOWNHOMES
- Cross Streets: University & 101 Freeway
Community
- Association: Yes
- Assoc. Name: Rio Ventana HOA
- Assoc. Fees Include: Roof Repair, Insurance, Front Yard Maint, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: Del Mar
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Built-Up, Metal
- Sq. Ft. Source: Assessor
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,633
- Lot Size Source: Assessor
- Lot Features: Desert Front, Gravel/Stone Front
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,750
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 20 RIO VENTANA TOWNHOMES MCR 055023
- Property ID: 132-68-262
- Range: 4E
- Section: 24
- Lot Number: 20
Listed by HomeSmart
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Price & Sales History for 2027 E University Dr #132
Date
Details
Price
Change
Source
7/01/2026
Listed
$399,900
150.09%
MLS
10/05/2016
Sold
$159,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2027 E University Dr #132
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,618
7%
$26,720
-2%
2024
$1,512
-1%
$27,170
-8%
2023
$1,530
4%
$29,450
25%
2022
$1,468
—
$23,470
23%
2022
$1,468
-1%
$19,070
9%
2021
$1,478
3%
$17,480
3%
2020
$1,433
2%
$16,930
11%
2019
$1,406
3%
$15,300
8%
2018
$1,371
3%
$14,120
16%
2017
$1,330
16%
$12,180
6%
2016
$1,146
3%
$11,530
-1%
2015
$1,108
-4%
$11,670
23%
2014
$1,155
17%
$9,500
29%
2013
$991
—
$7,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2027 E University Dr #132
2027 E University Drive #132, Tempe, AZ 85288 (MLS# 7047750) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 2027 E University Drive #132 is currently listed for $399,900 and was received on July 01, 2026. Want to learn more about 2027 E University Drive #132? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

