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$298,000
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Property Description
Location, location, location! Turnkey 2-Bed, 2-Bath Condo. 5-Minute Walk to ASU & Light Rail! Ideal for ASU parents, savvy co-signers, or buy-and-hold investors! This updated 2nd-floor unit features a highly desirable split floor plan--offering maximum privacy with two full bathrooms, perfect for student roommates to share expenses. kitchen equipped with electric range, refrigerator and in-unit stacked washer/dryer included. Low HOA fees ($223/mo) cover exterior maintenance, roof, blanket insurance, and trash/sewer. Comes with 2 designated parking spots (1 covered)--a premium commodity this close to campus. Enjoy the community pool and immediate access to Mill Avenue dining and nightlife. Move-in or rental ready day one!
Full Property Details
Full Property Details for 510 W University Dr #202
General
- Price: $298,000
- HOA FEE: $223/month
- Taxes: $1,516 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7044572
- Updated: 9/12/2026
- Added to Site: 105 day(s) ago
Interior
- Interior Features: Non-laminate Counter, Quartz Countertops, Eat-in Kitchen, 3/4 Bath Master Bdrm
- Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Cooktop
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Maricopa
- Township: 1N
- Subdivision: HERMOSA PLACE CONDOMINIUMS
- Cross Streets: Mill Ave and University
Community
- Association: Yes
- Assoc. Name: Hermosa place condo
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Ceiling Fan(s)
- Heating Type: Heat Pump
Utilities
- Water: Public
Structural Information
- Builder: unkn
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Year Built: 1986
Lot Features
- Lot Size (Sq. Ft.): 93
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $223
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,516
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 202 HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220 MCR 031334
- Property ID: 124-33-126
- Range: 4E
- Section: 16
- Lot Number: 202
Listed by West USA Realty
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Price & Sales History for 510 W University Dr #202
Date
Details
Price
Change
Source
6/20/2026
Listed
$298,000
-11.04%
MLS
7/13/2022
Sold
$335,000
—
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 510 W University Dr #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,516
—
$15,222
-39%
2025
$1,516
4%
$24,850
-1%
2023
$1,456
-10%
$25,110
33%
2022
$1,616
—
$18,930
23%
2022
$1,616
-1%
$15,370
10%
2021
$1,627
3%
$13,970
4%
2020
$1,578
2%
$13,450
3%
2019
$1,548
3%
$13,030
1%
2018
$1,509
3%
$12,960
6%
2017
$1,464
1%
$12,220
-1%
2016
$1,454
19%
$12,330
7%
2015
$1,220
3%
$11,560
30%
2014
$1,187
1%
$8,900
2%
2013
$1,180
—
$8,750
—
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 510 W University Dr #202
510 W University Drive #202, Tempe, AZ 85281 (MLS# 7044572) is a Apartment property with 2 bedrooms and 2 full bathrooms. 510 W University Drive #202 is currently listed for $298,000 and was received on June 20, 2026. Want to learn more about 510 W University Drive #202? Do you have questions about finding other Apartment real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

