700 W University Drive #253, Tempe, AZ 85281 - Photo 1

1/1

$155,500

Sold
Closed
Apartment
1 Bed
1 Full Bath
Updated 15 hours ago

1/1

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

Sold For: $155,500
HOA FEE: $215/month
Taxes: $706 (2024)
Status: Closed
Type: Apartment
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6906742
Added to Site: 200 day(s) ago

Interior

Number of Rooms: 2
Interior Features: High Speed Internet, Breakfast Bar, No Interior Steps, Full Bth Master Bdrm
Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Built-in Microwave, Disposal
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Other Rooms

Laundry: Inside

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
Fencing (Description): Block

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
Sold by eXp Realty

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Price & Sales History for 700 W University Dr #253

Date

Details

Price

Change

Source

3/02/2026

Sold

$155,500

-13.13%

MLS

2/06/2026

Price Reduced

$179,000

-8.21%

MLS

10/09/2025

Price Reduced

$195,000

-8.41%

MLS

8/15/2025

Listed

$212,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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700 W University Drive #253, Tempe, AZ 85281 (MLS# 6906742) is a Apartment property that was sold at $155,500 on March 02, 2026. 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.

700 W University Dr #253 Tempe, AZ 85281