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$298,000 Just Listed
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Property Description
Location, location, location! Situated just a 5-minute walk from the Arizona State University main campus, this 2-bedroom, 2-bathroom condo is the ultimate find for students, professionals, or investors. Positioned perfectly near the light rail and the vibrant dining, shopping, and entertainment along Mill Avenue, convenience is right at your doorstep. The desirable floor plan features two spacious bedrooms primary complete with its own private en-suite bathroom for maximum privacy and comfort. Enjoy a relaxing afternoon at the community pool, or take advantage of the easy transit access to the rest of the Valley. Complete with 2 designated parking spots, one covered, this Tempe gem offers an unbeatable urban lifestyle!
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: Today (6/20/2026)
- Added to Site: Today
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: City Water
Structural Information
- Builder: unkn
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Sq. Ft. Source: Assessor
- 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
3%
$24,850
4%
2024
$1,474
1%
$23,950
-5%
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.

