700 W UNIVERSITY Drive 102, Tempe, AZ 85281

$650,000
Property Type: Multiple Dwellings Bedrooms: 5 Baths: 5 Status: Closed
Current Price: $650,000 Last Modified: 2/17/2025

Overview

Description

Great opportunity to own 5 one bedroom, one bath condos in beautiful Tempe community of Scene One. Well maintained with nice landscaping, pool and heated spa. Condos are 595SF, include refrigerator, dishwasher, stove, breakfast bar & stack washer/dryer hookup. Most have granite counters & upgraded flooring. All ground floor units. 1 covered parking space & extra guest parking. Market rent $830. HOA fees are $175 per month per unit and include water, sewer, trash, common area, pool, parking lot, exterior maintenance and blanket insurance. Tenants pay electric. 1 mile to ASU. Close to Rio Salado, Town Lake, Mill Avenue, Light Rail, shopping, restaurants, bus lines & freeways. Flyer with financials on documents tab. Total #units in complex is 120. These 5 are scattered about the complex.

Listing Details MLS# 6055247

Location, Tax & Legal

Map Code/Grid
R36
House Number
700
Compass
W
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
3468
Country
US
County Code
Maricopa
Subdivision
SCENE 1 CONDOMINIUMS
Assessor Number
124-34-026
Tax Year
2019

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
IRR
Year Built
1982
Uncvrd Parking Spcs
5
Total # of Units
5
Zoning
SF
Elementary School District
Tempe Elementary 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 Academy Of International Studies McKemy Campus

Remarks Misc

Cross Street
University and Mill
Directions
West on University to first entrance into Scene One Condo Community. (Just past Tempe Camera. Hardy is too far). Go north and park in any uncovered space.

Status Change Info

Off Market Date
2020-03-26
Under Contract Date
2020-03-26
Close of Escrow Date
2020-05-15

Legal Info

Township
1N
Range
4E
Section
16
Lot Number
A101

More Information

1 Bedroom Units

# 1 Bedroom Units
5
Avg Rent
830
Avg SqFt
595
# Baths
Yes

Structure

Bedrooms Total
5
Bathrooms Total
5

Contact Info

List Agent Home Phn
480-703-1976

Sold Info

Loan Type
Cash
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: 5 - 12 Units Other Type: Packaged Offering Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up; Foam Floors: Vinyl; Wood; Ceramic Tile; Carpet Sale Includes: Other (See Remarks) Community Features: Pool; Heated Spa(s); Barbecue Exterior Amenities: Green Landscaping; Cable TV Available; Patio/Balcony; Pet Restrictions; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar Appliances Included: Built-In Range; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer; W/D Hookup Heating: Individual; Heat Pump Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Email Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
IDX
Listing Office: 1st Southwest Realty, LLC
Office Phone: 480-703-1976
Office Email: greathouseaz@gmail.com
Last Updated: February - 17 - 2025
Broker Attribution: 480-703-1976

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