562 S ALLRED Drive Tempe, AZ $ 305,000
562 S ALLRED Drive
$ 305,000
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562 S ALLRED Drive

Tempe, AZ, 85288
$ 305,000
Bedrooms2 Baths2.0 Sq 987

Monthly Estimate*

$ 1,878

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Condo for sale in Tempe, AZ

for $305,000 with 2 bedrooms and 2 full baths. This 987 square foot condo was built in 1981.

Fully renovated and impeccably reimagined, this University Shadows residence blends modern sophistication with everyday comfort, all elevated by thoughtful designer detail throughout. Vaulted ceilings with exposed beams and four skylights fill the spacious interior with natural light, while the stunning kitchen serves as a true centerpiece with sleek custom cabinetry, stylish backsplash, and a beautifully designed dry bar offering additional storage. Both bathrooms have been thoughtfully curated with a refined, high-design aesthetic. Outside, a private gated front courtyard with ambient lighting and a low-maintenance rear paver patio create inviting spaces for effortless entertaining. Extensive improvements include all interior and exterior doors, new windows and sliders, 2025 HVAC, updated flooring, remodeled kitchen and baths, upgraded plumbing fixtures, and abundant recessed lighting throughout. An HOA-covered roof adds convenience, and NO rental restrictions offers added flexibility for homeowners and investors alike. Perfectly positioned just minutes from ASU, Scottsdale, Sky Harbor, and Downtown Phoenix -- with Sloan Park, the spring training home of the Chicago Cubs, only a short five-minute walk away -- this exceptional home reflects true pride of ownership, with no expense spared in its transformation. Can be sold fully furnished and turn key - inquire for more information.

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Condo Contingent

Price

$ 305,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 879

Style

Residential

Year Built

1981

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7009464

Features
Interior
Interior Amenities Quartz Countertops Eat-in Kitchen Pantry Full Bth Master Bdrm
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Inside
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Built-in Microwave True
Pantry True
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General
Sewer Public Sewer
Heating Forced Air ENERGY STAR Qualified Equipment Ceiling
Cooling Central Air Ceiling Fan(s) ENERGY STAR Qualified Equipment Programmable Thmstat
Utilities Phone Available SRP
Possession Close Of Escrow
Roof Rolled/Hot Mop
HOA Fee 375.0
Garage Spaces 0.0
Association Fee Includes Roof Repair Insurance Pest Control Maintenance Grounds Street Maint Front Yard Maint Trash Roof Replacement
Construction Materials Stucco Wood Frame Painted
Year Built 1981
Township 1N
Property Subtype Townhouse
Tax Year 2025
Ownership Condominium
Community Features Pool
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Subdivision Name UNIVERSITY SHADOWS
Total Rooms 0
Special Listing Conditions Owner/Agent
Status UCB (Under Contract-Backups)
Directions From the 101 exit right or east on University Drive turn left on Allred Drive and follow around to building on the left (562).
High School McClintock High School
City Tempe
Disclosures Seller Discl Avail
Association Name UniversityShadowHOA
High School District Tempe Union High School District
Open Parking Spaces 1.0
Lot Size Units Square Feet
Lot Size Square Feet 98.0
Carport Spaces 1.0
Carport Y/N N
Spa Features None
Elementary School Curry Elementary School
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 879.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Connolly Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Unknown
Standard Status Active Under Contract
Occupancy Type Tenant
Elementary School District Tempe School District
Tax Lot D 42
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 375.0
New Financing Cash True
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Exterior
Fencing Block Wrought Iron
Lot Features Gravel/Stone Front
Water Source City Water
Lot Size Area 98.0
Spa N
Lot Size Acres 0.0
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 562
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* Excluded Features
List By
Serhant.

Broker

michellemazzola@live.com

Email

Affordability Calculator

$1,951
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,878
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327431 Elementary School
4327180 Middle School
McClintock High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2026$305,000 Listed Price

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562 S ALLRED Drive, Tempe, AZ, 85288 is a Condo for sale at $305,000 with 987 sqft. 562 S ALLRED Drive has 2 bedrooms, 2.0 baths, and was built in 1981. The property's zip code is 85288 which is in Tempe, AZ