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$265,000 Just Listed
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Property Description
Beautifully Updated Condo in a Prime Tempe Location! Move-in ready and ideal for both homeowners and investors! This well-maintained condo features a spacious upgraded kitchen with a new range, new microwave, new refrigerator, and ample cabinet and counter space. The unit includes a full-size washer and dryer for added convenience. Enjoy the modern feel of the upgraded bathroom and luxury vinyl flooring installed just three years ago throughout the home. The open and functional layout creates a comfortable living space with abundant natural light. Located in a highly desirable area near Arizona State University (ASU), with restaurants, shopping, and entertainment within walking distance. Conveniently close to Downtown Tempe, major freeways, and public transportation. The community shaded parking, making everyday living even more convenient. An excellent opportunity for investors, students, professionals, or anyone seeking a low-maintenance property in a fantastic location! Key Features: New range, microwave, and refrigerator Full-size washer and dryer included Spacious upgraded kitchen Updated bathroom Luxury vinyl flooring throughout (approximately 3 years old) Shaded parking Near ASU and Downtown Tempe Walking distance to restaurants and shopping Great investment opportunity
Full Property Details
Full Property Details for 700 W University Dr #122
General
- Price: $265,000
- HOA FEE: $215/month
- Taxes: $1,003 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7039225
- Updated: Today (6/9/2026)
- Added to Site: Today
Interior
- Interior Features: Separate Shwr & Tub
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Electric Range
- 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 Dr & Roosevelt St.
Community
- Association: Yes
- Assoc. Name: Scene 1 Condominiums
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: Not Known
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Common Walls: Two Common Walls
- Windows: Single Pane
- Sq. Ft. Source: Assessor
- Year Built: 1982
Lot Features
- Lot Size (Sq. Ft.): 67
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $215
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,003
- Tax Year: 2025
- Terms: Cash, Conventional
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
6/09/2026
Listed
$265,000
107.03%
MLS
6/12/2020
Sold
$128,000
—
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 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
1%
$6,130
1%
2016
$602
4%
$6,050
12%
2015
$578
2%
$5,380
42%
2014
$565
11%
$3,780
13%
2013
$510
—
$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# 7039225) is a Apartment property with 2 bedrooms and 1 full bathroom. 700 W University Drive #122 is currently listed for $265,000 and was received on June 09, 2026. 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.

