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Listing provided courtesy of HomeSmart- MLS# 7039225MLS Provider

700 W UNIVERSITY Drive #122Tempe, AZ 85281

Single Family · 2 Beds · 1 Full Bath · 840 Sq. ft.
$260,000 Active

700 W UNIVERSITY Drive #122 Overview

Time on Site:
21 days
Visits:
0

Beautifully Updated Condo in a Prime Tempe Location! Move-in ready and ideal for both homeowners and investors! This well-maintained condo features a spacious upgraded kitchen with a new range, new microwave, new refrigerator, and ample cabinet and counter space. The unit includes a full-size washer and dryer for added convenience. Enjoy the modern feel of the upgraded bathroom and luxury vinyl flooring installed just three years ago throughout the home. The open and functional layout creates a comfortable living space with abundant natural light. Located in a highly desirable area near Arizona State University (ASU), with restaurants, shopping, and entertainment within walking distance. Conveniently close to Downtown Tempe, major freeways, and public transportation. The community shaded parking, making everyday living even more convenient. An excellent opportunity for investors, students, professionals, or anyone seeking a low-maintenance property in a fantastic location! Key Features: New range, microwave, and refrigerator Full-size washer and dryer included Spacious upgraded kitchen Updated bathroom Luxury vinyl flooring throughout (approximately 3 years old) Shaded parking Near ASU and Downtown Tempe Walking distance to restaurants and shopping Great investment opportunity

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700 W UNIVERSITY Drive #122 Facts & Features

  • Type Single Family
  • Sq. ft. 840
  • Price/Sq.ft. $310

Details

General

Association/HOA

  • Association Fee: $215.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Roof Repair,Insurance,Sewer,Maintenance Grounds,Street Maint,Water,Roof Replacement,Maintenance Exterior
  • Association Name: Scene 1 Condominiums
  • Association: true

School Information

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

Building Information

  • Builder Name: Not Known
  • Year Built: 1982

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: SCENE 1 CONDOMINIUMS
  • Township: 1N

Community/Development

  • Community Features: Pool

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $1,003.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Discl Avail
  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 124-34-049
  • Property Sub Type: Apartment
  • Property Type: Residential
  • Special Listing Conditions: Owner/Agent

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Building Area Source: Assessor

General Information

  • Common Walls: Two Common Walls
  • Fireplace: false
  • Flooring: Vinyl
  • Interior Features: Separate Shwr \u0026 Tub
  • Living Area: 840.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Spa Features: Heated
  • Stories Total: 2
  • Window Features: Single Pane

Unit Information

  • Unit Number: 122

Exterior

Lot Information

  • Lot Features: None
  • Lot Size Area: 67.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 67.0
  • Lot Size Units: Square Feet
  • Water Source: City Water

Building Exterior/Construction

  • Construction Materials: Stucco,Wood Frame
  • Property Attached: true
  • Roof: Tile

General Information

  • Carport Spaces: 1.0
  • Covered Spaces: 1.0
  • Fencing: Block
  • Horse: false
  • Pool Private: false
  • Sewer: Public Sewer

700 W UNIVERSITY Drive #122 Neighborhood

Community

85281 (TEMPE) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

700 W UNIVERSITY Drive #122 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

700 W UNIVERSITY Drive #122 Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

700 W UNIVERSITY Drive #122 History

Date Event Value Agent
6/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$260,000 -1.9%
6/8/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 08, 2026