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$249,999 -$5,001 (-1.96%) Price Reduced

  • For Sale
  • Active
  • Apartment
  • 2 Beds
  • 1 Full Bath
  • Updated 1 day ago
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Prime Tempe Location! Spacious, Freshly Painted Property Near ASU -- Great Investment Opportunity! Location, space, and value! This wonderful property is freshly painted and ready for its next owner. The home features a spacious kitchen with upgraded appliances and an abundance of cabinet and storage space, making it both functional and comfortable. Located conveniently near Tempe Downtown and Arizona State University (ASU), this property is an excellent opportunity for investors, college students, parents purchasing for their ASU student, or buyers looking for strong rental potential. ✨ Property Highlights 🏡 Freshly painted and move-in ready 🍳 Upgraded kitchen appliances 🗄️ Very spacious kitchen with lots of cabinet and storage space &#1282 " Close to ASU campus =° Excellent opportunity for investors ' Ideal for college students =È Great potential for rental income Prime location + spacious living + proximity to ASU = an opportunity you won't want to miss! Whether you're looking for a home for your college student or an investment property in a desirable Tempe location, come see what this property has to offer.

Full Property Details for 700 W University Dr #122

General

  • Price: $249,999
  • HOA FEE: $215/month
  • Taxes: $1,003 (2025)
  • Status: Active
  • Type: Apartment
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7039225
  • Updated: 9/14/2026
  • Added to Site: 98 day(s) ago

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: Public

Structural Information

  • Builder: Not Known
  • Exterior Const.: Stucco, Wood Frame
  • Roof: Tile
  • Common Walls: 2+ Common Walls
  • Windows: Single Pane
  • 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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— 700 W University Dr #122 —

  • HomeSmart

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 700 W University Dr #122 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/14/2026
Price Reduced
$249,999
-1.96%
MLS
7/10/2026
Price Reduced
$255,000
-1.92%
MLS
6/23/2026
Price Reduced
$260,000
-1.89%
MLS
6/09/2026
Listed
$265,000
846.43%
MLS
3/13/2012
Sold
$28,000
—
Public Record
Get Price Alerts and Save Property
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 for 700 W University Dr #122

Year
Property Taxes
Change
Tax Assessment
Change
2025
$755
7%
$16,870
2%
2024
$706
17%
$16,520
-2%
2023
$603
5%
$16,900
25%
2022
$576
—
$13,500
26%
2022
$576
-2%
$10,730
11%
2021
$587
3%
$9,710
20%
2020
$568
2%
$8,070
28%
2019
$557
3%
$6,320
-5%
2018
$542
3%
$6,630
8%
2017
$525
1%
$6,130
1%
2016
$522
3%
$6,050
12%
2015
$505
2%
$5,380
42%
2014
$497
10%
$3,780
13%
2013
$452
—
$3,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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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 $249,999 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.

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