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$266,500
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Property Description
Welcome to Your New Home in the Heart of Tempe! This beautifully updated 2-bedroom, 1-bath Ground level condo is located in the desirable Scene One Condominiums, a well-maintained community close to everything Tempe has to offer. Prime Location Less than 1 mile to Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife Convenient access to Loop 101, 202, and US-60 freeways ( Interior Features & Upgrades New waterproof vinyl flooring throughout the home Modern vanity and new flooring in the bathroom Fully redesigned kitchen with new flooring, freshly painted cabinets, and updated finishes Brand-new microwave and refrigerator included Fresh interior paint for a clean, move-in ready feel In-home laundry with stacked washer and dryer Downstairs unit easy access to home Community Amenities Pool and heated spa Mature landscaping and well-maintained grounds Assigned covered carport plus additional slab parking HOA covers: roof repair/replacement, garbage collection, front yard care, and common area upkeep - Move-In Ready & Investment Friendly With major upgrades completed in this year, this home offers the perfect balance of modern living, low-maintenance convenience, and excellent rental potential in one of Tempe's most sought-after locations.
Full Property Details
Full Property Details for 700 W University Dr #122
General
- Price: $266,500
- HOA FEE: $215/month
- Taxes: $938 (2024)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6925964
- Updated: 2/16/2026
- Added to Site: 157 day(s) ago
Interior
- Interior Features: Kitchen Island
- Appliances: Dryer, Washer, Refrigerator, Electric Cooktop, Built-In Electric Oven
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- County: Maricopa
- Township: 1N
- Subdivision: SCENE 1 CONDOMINIUMS
- Cross Streets: University & S Roosevelt ST Directions
Community
- Association: Yes
- Assoc. Name: Scene 1
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, 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: Scene One
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Sq. Ft. Source: Assessor
- Year Built: 1982
Lot Features
- Lot Size (Sq. Ft.): 67
- Lot Size Source: Assessor
- Lot Features: None, East/West Exposure
Financial Considerations
- Association Fee: $215
- Assoc Fee Freq.: Monthly
- Tax Amount: $938
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT D106 SCENE 1 CONDOMINIUMS MCR 023112
- Property ID: 124-34-049
- Range: 4E
- Section: 16
- Lot Number: D106
Listed by HomeSmart
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Price & Sales History for 700 W University Dr #122
Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$266,500
-0.56%
MLS
10/01/2025
Price Reduced
$268,000
-0.74%
MLS
9/28/2025
Listed
$270,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 700 W University Dr #122
Year
Property Taxes
Change
Tax Assessment
Change
2025
$755
7%
$16,680
3%
2024
$706
1%
$16,180
-2%
2023
$698
4%
$16,560
25%
2022
$669
—
$13,250
25%
2022
$669
-1%
$10,620
12%
2021
$674
3%
$9,510
20%
2020
$653
2%
$7,900
25%
2019
$641
3%
$6,320
-5%
2018
$625
3%
$6,630
8%
2017
$606
-10%
$6,130
1%
2016
$675
34%
$6,050
12%
2015
$505
2%
$5,380
42%
2014
$497
10%
$3,780
13%
2013
$452
—
$3,350
—
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 700 W University Dr #122
700 W University Drive #122, Tempe, AZ 85281 (MLS# 6925964) is a Apartment property with 2 bedrooms and 1 full bathroom. 700 W University Drive #122 is currently listed for $266,500 and was received on September 28, 2025. Want to learn more about 700 W University Drive #122? 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.

