700 W UNIVERSITY Drive 102, Tempe, AZ 85281
$650,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$650,000
Last Modified:
2/17/2025
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.
More Information MLS# 6055247
Contract Info
Ownership: Fee Simple
Current Price: $650,000
Sold Price: $650,000
Status: Closed
List Date: 2020-03-23
Location, Tax & Legal
Unit #: 102
Assessor's Map #: 34
Legal Description (Abbrev): LOT A101 SCENE 1 CONDOMINIUMS MCR 023112
Assessor's Parcel #: 26
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 318800
Taxes: 3205
Tax District: 0
Legal: LOT A101, A-105, B-102, G-102, H-104 SCENE 1 CONDOMINIUMS
Marketing Name: Great Tempe Condos!
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
County Code: Maricopa
Subdivision: SCENE 1 CONDOMINIUMS
Assessor Number: 124-34-026
Tax Year: 2019
General Property Description
# of Buildings: 0
Uncvrd Parking Spcs: 5
Lot Size Dimensions: IRR
Total # of Units: 5
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
Year Built: 1982
Zoning: SF
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: A101
Project Type
5 - 12 Units: 1
Other Type
Packaged Offering: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Foam: 1
Floors
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 10500
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 13705
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 650000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Email: 1
Lockbox Type
None: 1
Community Features
Pool: 1
Heated Spa(s): 1
Barbecue: 1
Heating
Heat Pump: 1
Electric: 1
Individual: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Individual: 1
Exterior Amenities
Green Landscaping: 1
Cable TV Available: 1
Patio/Balcony: 1
Pet Restrictions: 1
Security Light(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Mini Blinds: 1
Breakfast Bar: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Built-In Range: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Paved: 1
Add'l Parking Avail: 1
Assigned: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Other: 1
See Remarks: 1
New Financing
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-703-1976
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 830
Avg SqFt: 595
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
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.
Geo Lat: 33.422392
Geo Lon: -111.948532
Status Change Info
Off Market Date: 2020-03-26
Under Contract Date: 2020-03-26
Close of Escrow Date: 2020-05-15
Sold Price: $650,000
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
Listing Office:
1st Southwest Realty, LLC
Last Updated: February - 17 - 2025
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