2027 E UNIVERSITY Drive 116, Tempe, AZ 85288

$247,800
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,510 Lot Size (sq. ft.): 2,141 Status: Closed
Current Price: $247,800 Last Modified: 7/30/2026

Overview

Description

PRIME TEMPE LOCATION & VALUE! PRICED FOR IMMEDIATE SALE! SHARP MOVE-IN READY CONDITION: NEW CARPET & PAINT. RARE 3 BEDROOM 3 BATH DESIGN WITH 2 CAR GARAGE & LOCATED IN PRIVATE (46) UNIT GATED TOWNHOUSE COMMUNITY! FLOOR PLAN FEATURES MAIN LEVEL 3RD BDRM (IDEAL DEN/OFFICE), GREAT ROOM WITH VAULTED CEILING & WOOD FLOORING. LIGHT & BRIGHT KITCHEN WITH CORIAN COUNTERS, WHITE CABINETS & UPGRADED KITCHEN FAUCET. REFRIGERATOR, WASHER & DRYER INCLUDED! OVERSIZE BACKYARD! 2ND LEVEL FEATURES 2 MASTER SUITES & 2 BATHS! MAIN MASTER SUITE FEATURES SEPARATE SHOWER & TUB, DOUBLE SINKS, WALK-CLOSET, & PRIVATE BALCONY! TERRIFIC LOCATION WITH GREAT PROXIMITY TO ASU, FREEWAY, TEMPE MARKETPLACE, & SO MUCH MORE! MOVE IN READY! SUBMIT ALL OFFERS NOW FOR SELLER REVIEW & APPROVAL.

Listing Details MLS# 5815412

Location, Tax & Legal

Map Code/Grid
R37
House Number
2027
Compass
E
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85288
Zip4
8526
Country
US
County Code
Maricopa
Assessor Number
132-68-278
Subdivision
RIO VENTANA TOWNHOMES
Tax Year
2017
Unit #
116
Assessor's Map #
68
Legal Description (Abbrev)
LOT 36 RIO VENTANA TOWNHOMES MCR 055023
Assessor's Parcel #
278
Tax Municipality
Tempe
Taxes
1881

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
3
Total Bathrooms
3
Approx SQFT
1510
Price/SqFt
164.11
Horses
N
Model
MOVE IN READY
Builder Name
UNKNOWN
Year Built
2002
Approx Lot SqFt
2141
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
RIO VENTANA TOWNHOMES
Marketing Name
RIO VENTANA TOWNHOMES
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Flora Thew Elementary School
Jr. High School
Connolly Middle School
High School
McClintock High School
Guest House SqFt
0

Remarks Misc

Cross Street
UNIVERSITY & PRICE
Directions
W ON UNIVERSITY (PAST RIVER RD & TESLA DEALERSHIP) TO GATED 2027 RIO VENTANA ENTRY, S TO VISITOR PARKING & COMMUNITY POOL, & THEN S TO UNIT 116 ON EAST SIDE OF STREET.

Status Change Info

Off Market Date
2018-11-12
Under Contract Date
2018-11-11
Close of Escrow Date
2018-12-19

Legal Info

Township
1N
Range
4E
Section
24
Lot Number
36

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2018
Floor Partial/Full
Partial

Parking Spaces

Garage Spaces
2
Total Covered Spaces
2
Slab Parking Spaces
0

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes
Metal
Yes

Pmt & Rate Info

Down Payment
0
Total Asum Mnth Pmts
0

Association & Fees

HOA Y/N
Y
HOA Transfer Fee
400
HOA Fee
165
HOA Paid Frequency
Monthly
HOA Name
RIO VENTANA HOA
HOA Telephone
000-000-0000
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Cap Improvement/Impact Fee 2
0
Cap Improvement/Impact Fee 2 $/%
$
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
165

Architecture

Contemporary
Yes

Building Style

String
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Separate Shwr & Tub
Yes
Double Vanity
Yes
Private Toilet Room
Yes
2 Master Baths
Yes

Master Bedroom

Upstairs
Yes

Additional Bedroom

Other Bedroom Split
Yes
Other Bedroom Downstairs
Yes
Master Bedroom Walk-in Closet
Yes

Flooring

Carpet
Yes
Tile
Yes
Wood
Yes

Window Features

Solar Screens
Yes
Dual Pane
Yes

Community Features

Community Spa
Yes
Gated
Yes
Near Bus Stop
Yes
Near Light Rail Stop
Yes

Dining Area

Eat-in Kitchen
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Built-in Microwave
Yes
Non-laminate Counter
Yes
Pantry
Yes
Range/Oven Elec
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Interior Features

Vaulted Ceiling(s)
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
In Garage
Yes

Other Rooms

Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Technology

Cable TV Avail
Yes
High Speed Internet
Yes

Fencing

Block
Yes

Water Source

City Water
Yes

Exterior Features

Patio
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Direct Access
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Utilities

SRP
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Desert Front
Yes

Services

City Services
Yes

Unit Style

Two Levels
Yes
Two Common Walls
Yes
Ground Level
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Garbage Collection
Yes
Common Area Maint
Yes
Other (See Remarks)
Yes

Assoc Rules/Info

Prof Managed
Yes

Property Features

Special Listing Cond: N/A Architecture: Contemporary Building Style: String Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room; 2 Master Baths Master Bedroom: Upstairs Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Master Bedroom Walk-in Closet Flooring: Carpet; Tile; Wood Window Features: Solar Screens; Dual Pane Spa: None Community Features: Community Spa; Gated; Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Non-laminate Counter Laundry: Washer Included; Dryer Included; In Garage Other Rooms: Great Room Interior Features: Vaulted Ceiling(s) Technology: Cable TV Avail; High Speed Internet Exterior Features: Patio Parking Features: Direct Access Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up; Metal Cooling: Central Air Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Desert Front Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls; Ground Level Association Fee Incl: Garbage Collection; Common Area Maint; Other (See Remarks) Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: AZ Brokerage Holdings, LLC
Last Updated: July - 30 - 2026
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