406 E Colgate Drive, Tempe, AZ 85283 - Photo 1

1/1

$325,000

Sold
Closed
Townhouse
3 Beds
2 Full Baths
0.08 Acres

1/1

Property Description

Value-add opportunity in a prime Tempe location. Centrally situated near schools, shopping, dining, and major commuter routes, this townhouse offers strong upside potential. Cosmetic remodel, rental, first time home buyer, and more! The home features a functional and spacious layout with a large living room, dedicated dining area, galley kitchen, oversized laundry room, and generously sized bedrooms. The solid floor plan provides an excellent canvas for cosmetic updates and modernization. Single-owner property with room for improvement, making it ideal for an investor seeking to renovate and build equity. The private patio with outdoor fireplace adds a unique outdoor living feature, while the well-maintained community offers expansive grassy areas and a pool- amenities that enhance long-term rental and resale appeal. An excellent opportunity to add value in a central Tempe community with enduring demand.

Full Property Details

Full Property Details for 406 E Colgate Dr

General

Sold For: $325,000
HOA FEE: $179/month
Taxes: $1,496 (2025)
Status: Closed
Type: Townhouse
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6992909
Added to Site: 90 day(s) ago

Interior

Interior Features: Eat-in Kitchen, 3/4 Bath Master Bdrm
Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Electric Range
Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Parking

Parking Features: RV Access/Parking, RV Gate

Location

County: Maricopa
Township: 1S
Subdivision: UNIVERSITY ROYAL GARDEN HOMES
Cross Streets: Rural Rd and Baseline Rd

Community

Association: Yes
Assoc. Name: University Royal Gar
Assoc. Fees Include: Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Electric

Utilities

Water: City Water

Structural Information

Builder: NA
Exterior Const.: Stucco, Wood Siding, Wood Frame, Painted
Roof: Foam, Rolled/Hot Mop
Common Walls: Two Common Walls
Sq. Ft. Source: Assessor
Year Built: 1978

Lot Features

Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,498
Lot Size Source: Assessor
Frontage: Asphalt
Lot Features: Grass Front
Fencing (Description): Block

Financial Considerations

Association Fee: $179
Assoc Fee Freq.: Monthly
Tax Amount: $1,496
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 57 UNIVERSITY ROYAL GARDEN HOMES MCR
Property ID: 301-80-500
Range: 4E
Section: 3
Lot Number: 57

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Meet the listing agent

— 406 E Colgate Dr —

Michelle Perry

Email Me

(602) 292-4244 mobile

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NMLS#: 1598647

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Schools

Schools serving 406 E Colgate Dr

School Districts:Tempe School District, Tempe Union High School District

Name	Grades	Distance
Aguilar Elementary School 5800 South Forest Avenue, Tempe, AZ 85283	PK-5	0.5 mi
Fees College Preparatory Middle School 1600 East Watson Drive, Tempe, AZ 85283	6-8	1.1 mi
Marcos De Niza High School 6000 South Lakeshore Drive, Tempe, AZ 85283	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 E Colgate Dr

Date

Details

Price

Change

Source

4/17/2026

Sold

$325,000

—

MLS

3/20/2026

Price Reduced

$325,000

-7.41%

MLS

3/04/2026

Listed

$351,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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406 E Colgate Drive, Tempe, AZ 85283 (MLS# 6992909) is a Townhouse property that was sold at $325,000 on April 17, 2026. This property was listed by Michelle Perry from our North Scottsdale Office.Want to learn more about 406 E Colgate Drive? 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.

406 E Colgate Dr Tempe, AZ 85283