700 W UNIVERSITY Drive, 203, Tempe, AZ 85281

New Listing
$240,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 840 Lot Size (sq. ft.): 71 Status: Active
Current Price: $240,000 List Date: 7/26/2025 Last Modified: 7/26/2025

Description

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. Just half 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.

Supplements: 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!

More Information MLS# 6895686

Contract Information

List Price: $240,000 Status: Active Current Price: $240,000 List Date: 2025-07-22 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 700 Compass: W Street Name: UNIVERSITY St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 3472 County Code: Maricopa Assessor Number: 124-34-091 Subdivision: SCENE 1 CONDOMINIUMS Tax Year: 2024

General Property Description

Dwelling Type: Apartment Dwelling Styles: Stacked Exterior Stories: 2 # of Interior Levels: 1 # Bedrooms: 2 # Bathrooms: 1 Approx SQFT: 840 Price/SqFt: 285.71 Horses: N Builder Name: N/A Year Built: 1982 Approx Lot SqFt: 71 Community Pool Y/N: Yes Private Pool Y/N: No Elementary School District: Tempe School District High School District: Tempe Union High School District Elementary School: Scales Technology Academy Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School

Remarks Misc

Cross Street: University & S Roosevelt ST Directions: West on University To Scene One entrance. Unit is towards the front of complex in the middle. Geo Lat: 33.422373 Geo Lon: -111.948406

Legal Info

Township: 1N Range: 4E Section: 16 Lot Number: A206

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2024 Floor Partial/Full: Full Kitchen Yr Updated: 2024 Kitchen Partial/Full: Partial Bath(s) Yr Updated: 2024 Bath(s) Partial/Full: Partial

Parking Spaces

Carport Spaces: 1 Slab Parking Spaces: 1 Total Covered Spaces: 1

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Architecture: Other Building Style: Clustered Master Bathroom: None Fireplace Features: No Fireplace Flooring: Carpet; Tile Community Pool Features: Play Pool Spa: Heated Dining Area: Eat-in Kitchen Kitchen Features: Range/Oven Elec; Disposal; Built-in Microwave; Refrigerator; Laminate Counters Laundry: Stacked Washer/Dryer Other Rooms: Family Room Technology: High Speed Internet Parking Features: Assigned Parking Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Rolled Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Grass Front; Grass Back Lockbox Type: None Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls; Neighbor Below; Street Facing Association Fee Incl: Roof Repair; Roof Replacement; Garbage Collection; Front Yard Maint; Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail
Listing Office: West USA Realty
Last Updated: July - 26 - 2025
700 W UNIVERSITY Drive, 203, Tempe, AZ 85281- MLS# 6895686
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