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$195,000
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Property Description
Prime Tempe Opportunity - Improved Price! Within 1 Mile of ASU, Mill Ave, Tempe Town Lake & Light Rail Excellent value in the heart of Tempe! This updated 1-bedroom, 1-bathroom second-floor condo combines comfort and convenience just steps from everything - campus, downtown dining, and outdoor recreation. Features include new wood-look flooring, a modern kitchen, brand new water heater, a spacious walk-in closet, in-unit laundry, and covered parking. Scene 1 Condos offers resort-style amenities with a pool, spa, and lush landscaped courtyards. Perfect for investors, students, young professionals, or first-time buyers, this property delivers low-maintenance living, strong rental potential, and instant equity. Priced below comps - don't miss this great opportunity in one one of Tempe's most connected locations!
Full Property Details
Full Property Details for 700 W University Dr #253
General
- Price: $195,000
- HOA FEE: $215/month
- Taxes: $706 (2024)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6906742
- Updated: 12/9/2025
- Added to Site: 154 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: High Speed Internet, Breakfast Bar, No Interior Steps, Full Bth Master Bdrm
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: SCENE 1 CONDOMINIUMS
- Cross Streets: UNIVERSITY AND MILL
Community
- Association: Yes
- Assoc. Name: Scene 1 Condominiums
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Spanish,
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile, Built-Up
- Sq. Ft. Source: Assessor
- Year Built: 1983
Lot Features
- Lot Size (Sq. Ft.): 63
- Lot Size Source: Assessor
- Lot Features: Grass Front
Financial Considerations
- Association Fee: $215
- Assoc Fee Freq.: Monthly
- Tax Amount: $706
- Tax Year: 2024
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT I201 SCENE 1 CONDOMINIUMS MCR 023112
- Property ID: 124-34-134
- Range: 4E
- Section: 16
- Block: 1013
- Lot Number: I201
Listed by Compass
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Price & Sales History for 700 W University Dr #253
Date
Details
Price
Change
Source
10/09/2025
Price Reduced
$195,000
-8.41%
MLS
8/15/2025
Listed
$212,900
61.41%
MLS
2/06/2020
Sold
$131,900
—
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 #253
Year
Property Taxes
Change
Tax Assessment
Change
2025
$657
8%
$16,350
2%
2024
$610
1%
$16,100
-3%
2023
$603
5%
$16,620
26%
2022
$576
—
$13,230
26%
2022
$576
-2%
$10,480
11%
2021
$587
3%
$9,450
20%
2020
$568
-11%
$7,900
27%
2019
$641
3%
$6,220
-4%
2018
$625
3%
$6,510
8%
2017
$606
1%
$6,010
4%
2016
$602
4%
$5,800
14%
2015
$578
2%
$5,100
35%
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 #253
700 W University Drive #253, Tempe, AZ 85281 (MLS# 6906742) is a Apartment property with 1 bedroom and 1 full bathroom. 700 W University Drive #253 is currently listed for $195,000 and was received on August 15, 2025. Want to learn more about 700 W University Drive #253? 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.

