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Sold for $240,000 on 10/16/25
  • $240,000

    700 W University Dr #A-206, Tempe, AZ 85281

    2beds
    1baths
    840sqft
    Apartment
    Built in 1982
    -- sqft lot
    $239,900 Zestimate®
    $286/sqft
    $1,451 Estimated rent

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    $1,451/mo

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    $1,451/mo

    Rent Zestimate®

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    $1,312/mo

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    $1,312/mo

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    What's special

    Welcome to your new home in the heart of Tempe! This rarely available 2-bedroom, 1-bath upstairs unit is nestled in the Scene One Condominiums, a well-maintained community known for its proximity to everything Tempe has to offer. Less than a mile from Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife, this location offers unbeatable convenience for students, faculty, professionals, or savvy investors looking for a prime rental property. Step inside and you'll find a thoughtfully updated interior featuring new tile flooring installed in 2024, updated kitchen and bathroom finishes, and a smart layout with spacious bedrooms and a cozy family room. The upstairs location provides added privacy and quiet, with no neighbors above you and great natural light throughout the unit. The kitchen comes equipped with a built-in microwave, electric range, refrigerator, and disposal, all complemented by laminate countertops. Whether you're cooking a quick breakfast before class or entertaining friends, this eat-in kitchen makes the most of the space. The stacked washer and dryer add even more functionality, giving you in-unit laundry convenience. The community amenities include a sparkling pool, heated spa, and well-maintained grounds with mature landscaping. Your assigned covered carport space and additional slab parking make it easy to come and go, while the HOA covers roof repair and replacement, garbage collection, front yard maintenance, and common area upkeep, all for a reasonable $195/month. The unit has been partially renovated in key areas including flooring, kitchen, and bathroom in 2024, offering a fresh and move-in ready experience. Whether you're buying for yourself or looking to add a strong performer to your investment portfolio, this home offers both comfort and long-term value. There's also nearby access to the Loop 101, 202, and US-60 freeways!

    Zillow last checked: 9 hours ago

    Listing updated: October 16, 2025 at 01:30pm

    Listed by:

    Josiah Miller 480-290-3239,

    West USA Realty

    Bought with:

    Yin hsuan Woodhall, SA699589000

    Best Homes Real Estate

    Source: ARMLS,MLS#: 6895686MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • High Speed Internet, Eat-in Kitchen, Laminate Counters
    • Flooring: Carpet, Tile
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Below
    Interior area
    • Total structure area: 840
    • Total interior livable area: 840 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, Assigned
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 2
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Block
    Lot
    • Size: 71 sqft
    • Features: Grass Front, Grass Back
    Details
    • Parcel number: 12434091

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Other
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Community
    • Community features: Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop
    Location
    • Region: Tempe
    • Subdivision: SCENE 1 CONDOMINIUMS

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $215 monthly
    • Services included: Roof Repair, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement
    • Association name: Scene 1 HOA
    • Association phone: 480-820-1519

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
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    Estimated market value
    $239,900