$268,000
$2K PRICE DROP

700 W University Dr Unit 122 Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated payment $1,706/month

Total Views 3,731
2 Beds
1 Bath
840 Sq Ft
$319 Price per Sq Ft

Highlights

  • Heated Spa
  • Central Air
  • Vinyl Flooring
  • Kitchen Island
  • Ceiling Fan
  • 4-minute walk to Mitchell Park

About This Home

Welcome to Your New Home in the Heart of Tempe!

This beautifully updated 2-bedroom, 1-bath Ground level condo is located in the desirable Scene One Condominiums, a well-maintained community close to everything Tempe has to offer.

Prime Location

Less than 1 mile to Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife

Convenient access to Loop 101, 202, and US-60 freeways ( Interior Features & Upgrades
New waterproof vinyl flooring throughout the home
Modern vanity and new flooring in the bathroom
Fully redesigned kitchen with new flooring, freshly painted cabinets, and updated finishes
Brand-new microwave and refrigerator included
Fresh interior paint for a clean, move-in ready feel
In-home laundry with stacked washer and dryer
Downstairs unit easy access to home

Community Amenities

Pool and heated spa

Mature landscaping and well-maintained grounds

Assigned covered carport plus additional slab parking

HOA covers: roof repair/replacement, garbage collection, front yard care, and common area upkeep
- Move-In Ready & Investment Friendly

With major upgrades completed in this year, this home offers the perfect balance of modern living, low-maintenance convenience, and excellent rental potential in one of Tempe's most sought-after locations.

Listing Agent

Pawan Gulati

HomeSmart License #SA669232000 Listed on: 09/28/2025

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $938

Year Built

  • Built in 1982

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Kitchen Updated in 2025
  • Built-In Electric Oven
  • Electric Cooktop
  • Kitchen Island

Flooring

  • Floors Updated in 2021
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2025
  • 1 Bathroom

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Heated Spa
  • Block Wall Fence

Listing and Financial Details

  • Tax Lot D106
  • Assessor Parcel Number 124-34-049

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Heywood Management Association
  • Built by Scene One
  • Scene 1 Condominiums Subdivision

Recreation

  • Fenced Community Pool
  • Children's Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$938

Year Built

Built in 1982

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Cross Street: University & S Roosevelt ST Directions
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 215.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2025
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2025
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2024
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: SCENE 1 CONDOMINIUMS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 215.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Built-In Electric Oven2: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: Heated
  • Appliances: Electric Cooktop, Built-In Electric Oven
  • Total Bedrooms: 2
  • Interior Amenities: Kitchen Island
  • Living Area: 840.0
  • Stories: 2
  • Kitchen Features:Kitchen Island: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association Name: Scene 1
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 186.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Scene 1
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 525.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 215.0
  • Association Fees:Disclosure Fees HOA: 184.0
  • Association Fees:Other Fees HOA: 278.0
  • Association Fees:Other Fees Description: 0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Heywood Management
  • Association Fees:HOA Management Phone: 80-820-1519
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 67.0
  • Parcel #: 124-34-049

Building Info

  • Builder Name: Scene One

Tax Info

  • Tax Annual Amount: 938.0
  • Tax Book Number: 124.00
  • Tax Lot: D106
  • Tax Map Number: 34.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Price Changed $268,000 -0.7% $319 / Sq Ft
09/28/2025 09/28/25 For Sale $270,000 0.0% $321 / Sq Ft
03/09/2021 03/09/21 Rented $1,450 +16.0% --
03/05/2021 03/05/21 Under Contract -- -- --
02/13/2021 02/13/21 For Rent $1,250 0.0% --
08/03/2015 08/03/15 Sold $90,000 -2.2% $107 / Sq Ft View Prior Sale
07/17/2015 07/17/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $92,000 0.0% $110 / Sq Ft
04/10/2015 04/10/15 Rented $725 0.0% --
04/10/2015 04/10/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $725 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6925964

Arizona Regional Multiple Listing Service (ARMLS)