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Sold for $362,500 on 05/31/23
  • $362,500

    510 W University Dr UNIT 117, Tempe, AZ 85281

    3beds
    2baths
    1,081sqft
    Condominium
    Built in 1986
    -- sqft lot
    $355,200 Zestimate®
    $335/sqft
    $1,962 Estimated rent

    What's special

    Location Location Location - This spacious ground level fully modern ASU campus condo is one of the rare 3 bedroom 2 bathroom with laundry units in town. Enjoy easy walks or bike rides to all that the Arizona State University campus has to offer including classes, sporting events, theater and cultural events, and kinds of fun entertainment and shopping. Currently rented to ASU students for many years this may continue to be a great rental or occupy in July when the current lease concludes. Rental rates run in the same range as a typical mortgage payment ($2000-$2500/mo) What a great way to build equity while not paying rent to a landlord! This property features a large kitchen and eating area with quartz countertops, upgraded cabinets, stainless appliances. Low maintenance tile flooring throughout, inside unit washer and dryer, covered patio. Two assigned parking spots, one of which is covered. High quality AC unit installed 2 years ago. The community has a pool to enjoy the beautiful sunny Arizona weather!

    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2025 at 04:51pm

    Listed by:

    Geoffrey Adams 602-740-8428,

    Realty ONE Group,

    Natalie Potter 480-652-8809,

    Realty ONE Group

    Bought with:

    Seth Rich, SA544589000

    E & G Real Estate Services

    Source: ARMLS,MLS#: 6486189MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • High Speed Internet, Master Downstairs, Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm
    • Flooring: Tile
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Neighbor Above,End Unit
    Interior area
    • Total structure area: 1,081
    • Total interior livable area: 1,081 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 1,127 sqft
    • Features: Grass Front
    Details
    • Parcel number: 12433121

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Community Pool, Near Light Rail Stop, Near Bus Stop
    Location
    • Region: Tempe
    • Subdivision: HERMOSA PLACE CONDOMINIUMS UNIT 101-120 201-220

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $135 monthly
    • Services included: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior
    • Association name: Hermosa Place
    • Association phone: 602-863-3600

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    Services availability
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    Estimated market value

    $355,200