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$398,900

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 2 Full Baths
  • 0.04 Acres
  • 2 Car Garage
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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 for 2027 E University Dr #132

General

  • Price: $398,900
  • HOA FEE: $200/month
  • Taxes: $1,750 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7047750
  • Updated: 7/22/2026
  • Added to Site: 49 day(s) ago

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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— 2027 E University Dr #132 —

  • HomeSmart

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 2027 E University Dr #132 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Price Reduced
$398,900
-0.25%
MLS
7/01/2026
Listed
$399,900
14.26%
MLS
4/25/2022
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
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 for 2027 E University Dr #132

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,749
—
$16,775
-45%
2025
$1,749
7%
$30,500
-8%
2023
$1,629
5%
$33,060
25%
2022
$1,555
—
$26,460
24%
2022
$1,555
-15%
$21,310
9%
2021
$1,820
3%
$19,520
3%
2020
$1,765
2%
$18,910
9%
2019
$1,731
3%
$17,360
5%
2018
$1,688
3%
$16,530
14%
2017
$1,638
1%
$14,500
5%
2016
$1,626
4%
$13,810
-1%
2015
$1,562
—
$13,900
27%
2014
$1,563
14%
$10,910
21%
2013
$1,377
—
$9,050
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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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 $398,900 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.

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