NOT LISTED FOR SALE

700 W University Dr Unit J102 Tempe, AZ 85281

Riverside Neighborhood
-- Bed
1 Bath
595 Sq Ft
436 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $650,000 $1,092 Per Sq Ft

3 Days on Market

Highlights

  • Heated Spa
  • Cooling Available
  • Ceiling Fan
  • Wood Flooring
  • Community Barbecue Grill
  • 4-minute walk to Mitchell Park

About This Home

As of May 2020

Great opportunity to own 5 one bedroom, one bath condos in beautiful Tempe community of Scene One. Well maintained with nice landscaping, pool and heated spa. Condos are 595SF, include refrigerator, dishwasher, stove, breakfast bar & stack washer/dryer hookup. Most have granite counters & upgraded flooring. All ground floor units. 1 covered parking space & extra guest parking. Market rent $830. HOA fees are $175 per month per unit and include water, sewer, trash, common area, pool, parking lot, exterior maintenance and blanket insurance. Tenants pay electric. 1 mile to ASU. Close to Rio Salado, Town Lake, Mill Avenue, Light Rail, shopping, restaurants, bus lines & freeways. Flyer with financials on documents tab. Total #units in complex is 120. These 5 are scattered about the complex.

Last Listed By

Pat Hune

1st Southwest Realty, LLC License #BR529524000 Listed on: 03/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 1982

Lot Details

  • 436

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy Campus High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Additional Features

  • Ceiling Fan
  • Heated Spa
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • Tax Lot A101
  • Assessor Parcel Number 124-34-026

Community Details

Overview

  • 5 Units
  • Building Dimensions are IRR
  • Scene 1 Condominiums Subdivision

Recreation

  • Heated Community Pool

Additional Features

  • Community Barbecue Grill
  • Operating Expense $13,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,205

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: University and Mill
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: SF
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: West on University to first entrance into Scene One Condo Community. (Just past Tempe Camera. Hardy is too far). Go north and park in any uncovered space.
  • Road Surface Type: Asphalt
  • Subdivision Name: SCENE 1 CONDOMINIUMS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: BI Oven/Range, F/S Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Heated Spa(s), Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Pet Restrictions: Yes
  • Community Amenities:Heated Spa(s): Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy Campus
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 124-34-026

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 5
  • Annual Operating Expense: 13705.0

Tax Info

  • Tax Annual Amount: 3205.0
  • Tax Book Number: 124.00
  • Tax Lot: A101

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 Change Sq Ft Price
05/15/2020 05/15/20 Sold $650,000 0.0% $1,092 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $650,000 -- $1,092 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6055247

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-34-081