700 W UNIVERSITY Drive # 122 Tempe, AZ $ 248,500
700 W UNIVERSITY Drive # 122
$ 248,500
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700 W UNIVERSITY Drive # 122

Tempe, AZ, 85281
$ 248,500
Bedrooms2 Baths1.0 Sq 840

Monthly Estimate*

$ 1,569

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Condo for sale in Tempe, AZ

for $248,500 with 2 bedrooms and 1 full bath. This 840 square foot condo was built in 1982.

$5,000 Incentive available towards the closing cost for contract accepted by Oct 15, 2026. Prime Tempe Location! Spacious, Freshly Painted Property Near ASU -- Great Investment Opportunity! Location, space, and value! This wonderful property is freshly painted and ready for its next owner. The home features a spacious kitchen with upgraded appliances and an abundance of cabinet and storage space, making it both functional and comfortable. Located conveniently near Tempe Downtown and Arizona State University (ASU), this property is an excellent opportunity for investors, college students, parents purchasing for their ASU student, or buyers looking for strong rental potential. " Close to ASU campus =° Excellent opportunity for investors ' Ideal for college students =È Great potential for rental income Prime location + spacious living + proximity to ASU = an opportunity you won't want to miss! Whether you're looking for a home for your college student or an investment property in a desirable Tempe location, come see what this property has to offer.

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Condo Active

Price

$ 248,500

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 1,003

Style

Residential

Year Built

1982

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7039225

Features
Interior
Interior Amenities Separate Shwr & Tub
Flooring Vinyl
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Single Pane
Fireplace Y/N N
Total Bedrooms 2
Total Baths 1
Bedrooms Possible 2
Built-in Microwave True
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Tile
HOA Fee 215.0
Garage Spaces 0.0
Association Fee Includes Roof Repair Insurance Sewer Maintenance Grounds Street Maint Water Roof Replacement Maintenance Exterior
Construction Materials Stucco Wood Frame
Year Built 1982
Township 1N
Unit Number 122
Property Subtype Apartment
Tax Year 2025
Ownership Fee Simple
Community Features Pool
Assoc Fee Paid Per Monthly
County Maricopa
New Construction N
Property Type Residential
HOA Y
Subdivision Name SCENE 1 CONDOMINIUMS
Total Rooms 0
Special Listing Conditions Owner/Agent
Status Active
Directions west on university Dr to Scene One condominiums entrance on north side of university Dr . enter community and proceed toward Building. Unit 122 is located near the back-middle of the community on the
High School Tempe High School
City Tempe
Disclosures Seller Discl Avail
Association Name Scene 1 Condominiums
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 67.0
Carport Spaces 1.0
Carport Y/N N
Spa Features Heated
Elementary School Scales Technology Academy
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 1003.0
Home Warranty Y/N N
Middle/Junior High School Geneva Epps Mosley Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Not Known
Standard Status Active
Occupancy Type Vacant
Elementary School District Tempe School District
Tax Lot D106
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 215.0
New Financing Cash True
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Exterior
Fencing Block
Lot Features None
Water Source Public
Lot Size Area 67.0
Spa Y
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 1 700
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* Excluded Features
List By
Homesmart

Broker

pawan.ggulati@gmail.com

Email

Affordability Calculator

$1,653
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,569
Monthly Property Taxes
$84
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4327390 Elementary School
4327128 Middle School
Tempe High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2026$248,500 -0.60% Price Down
9/14/2026$249,999 -1.96% Price Down
7/11/2026$255,000 -1.92% Price Down
6/24/2026$260,000 -1.89% Price Down
6/9/2026$265,000 Listed Price

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700 W UNIVERSITY Drive # 122, Tempe, AZ, 85281 is a Condo for sale at $248,500 with 840 sqft. 700 W UNIVERSITY Drive # 122 has 2 bedrooms, 1.0 baths, and was built in 1982. The property's zip code is 85281 which is in Tempe, AZ