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$280,000 Just Listed
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Property Description
Priced well below competing properties for a quick sale! Incredible opportunity to own a rare single-level corner townhome in one of Tempe's most convenient locations. Perfect for a second home, ASU housing, long-term rental, short-term rental, or investment property. This desirable 3-bed, 2-bath floorplan features vaulted ceilings, open-concept living and dining areas, and a bright kitchen with excellent natural light. Spacious primary suite includes a walk-in closet, private bath, and direct patio access. Two additional bedrooms provide flexibility for guests, office space, or roommates. Enjoy two private patios ideal for outdoor dining, pets, entertaining, or extra storage. Additional highlights include inside laundry, newer A/C, newer flooring, assigned parking, guest parking, and access to the community pool. Excellent access to Loop 101, ASU, Tempe Marketplace, Mesa Riverview, Sloan Park/Cubs Spring Training, shopping, dining, entertainment, and major employment centers. Opportunities at this price point in Tempe are becoming harder to find.
Full Property Details
Full Property Details for 704 S Lebanon Ln
General
- Price: $280,000
- HOA FEE: $350/month
- Taxes: $970 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7030428
- Updated: Today (5/19/2026)
- Added to Site: Today
Interior
- Interior Features: High Speed Internet, 9+ Flat Ceilings, Full Bth Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal
- Flooring: Carpet, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Township: 1N
- Subdivision: UNIVERSITY SHADOWS
- Cross Streets: Price Rd & University Dr
Community
- Association: Yes
- Assoc. Name: University Shadows
- 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
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Built-Up
- Sq. Ft. Source: Assessor
- Year Built: 1979
Lot Features
- Lot Size (Sq. Ft.): 120
- Lot Size Source: Assessor
- Lot Features: Gravel/Stone Front
Financial Considerations
- Association Fee: $350
- Assoc Fee Freq.: Monthly
- Tax Amount: $970
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: UNIVERSITY SHADOWS MCR 214-1 BLDG 4 APT A TOG W U NDIV 1-180 INT IN COMMON AREAS AND FACILITIES
- Property ID: 135-39-129
- Range: 5E
- Section: 18
- Block: 4
- Lot Number: A
Listed by My Home Group Real Estate
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Schools
Schools serving 704 S Lebanon Ln
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Cecil Shamley School 1500 N Scovel St, Tempe, AZ 85281 | PK-5 | 2.6 mi |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 704 S Lebanon Ln
Date
Details
Price
Change
Source
5/19/2026
Listed
$280,000
43.59%
MLS
12/27/2020
Sold
$195,000
—
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 704 S Lebanon Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$970
7%
$25,010
10%
2024
$906
-11%
$22,670
-5%
2023
$1,015
37%
$23,750
28%
2022
$739
—
$18,530
26%
2022
$739
-2%
$14,760
10%
2021
$754
3%
$13,470
2%
2020
$729
2%
$13,270
19%
2019
$715
3%
$11,150
21%
2018
$695
-11%
$9,250
19%
2017
$778
1%
$7,760
—
2016
$773
4%
$7,750
10%
2015
$742
2%
$7,030
45%
2014
$725
11%
$4,850
13%
2013
$654
—
$4,300
—
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 704 S Lebanon Ln
704 S Lebanon Lane, Tempe, AZ 85288 (MLS# 7030428) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 704 S Lebanon Lane is currently listed for $280,000 and was received on May 19, 2026. Want to learn more about 704 S Lebanon Lane? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

