27 days on rocket

700 W University Dr Unit 117, Tempe, AZ, 85281

$224,900

Home List Price

$2,671*

Closing Credit

1 Bedroom
1 Bath
595 SqFt
$378/SqFt
Multi
Schools Nearby

Location

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700 W University Dr Unit 117, Tempe$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1982
HeatingElectric
FireplaceNone
MLS #6685440
Lot Size0.02 Acres
StatusActive

About 700 W University Dr Unit 117

Experience the charm of this adorable one-bedroom condo nestled in the vibrant heart of Tempe! Revel in the convenience of walking to an array of restaurants and entertainment venues without ever battling traffic. The kitchen has been beautifully remodeled, and a washer and dryer are included for your convenience. Enjoy the spacious open living area, and take advantage of the community pool and dedicated parking space, along with ample guest parking. Don't miss out on this incredible opportunity to embrace the Tempe lifestyle! New AC June of 2022 and water heater July of 2023 !

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 1
  • Living Area: 595 SqFt

Listing Office:

  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Listing Agent: Jenny Elisa McCall

Interior Features

Interior Information:

  • Interior: Breakfast Bar, Full Bth Master Bdrm, High Speed Internet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Grass Front
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Gililland Middle School, Public District Grades 6-8
  • Ward Traditional Academy, Public District Grades KG-8
  • Holdeman Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Mill and University head west and take the first entrance into Scene 1 on the right. The unit faces the parking lot and is on the first floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $378/SqFt

HOA Fees:

  • Amount: $195
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $587
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tempe, AZ.

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Tempe, AZ

City

Med. Sold Price

$464.9K

Med. Price/SqFt

$299

Avg. Days On Market

51

# of Sold Homes

105

700 W University Dr Unit 117 vs Tempe

27 DAYS ON ROCKET

-24 Days

$224,900

-$240K Less

$378/SqFt

+$78 More

KEY TAKEAWAY

This property is $240K less than the Median Sold Price and $78/SqFt more than other homes in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6685440

Listing Office:

  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Listing Agent: Jenny Elisa McCall

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 04, 2019Home Sold
$112,000
Apr 20, 2007Home Sold
$112,000
Aug 29, 2002Home Sold
$49,000

Tax History

YEARPROP. TAXASSESSMENT
2021$587$9,670
2020$567$8,010
2019$624$6,310
2017$606$6,130

History based on county public records data.

Payment Calculator

$1,385

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3155358
3
/10

  • Holdeman Elementary School

  • 1326 W 18th St

  • 1.02 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3155359
3
/10

  • Gililland Middle School

  • 1025 S Beck Ave

  • 0.47 miles

  • Public District Grades 6-8

school-card-donut-3155360
8
/10

  • Ward Traditional Academy

  • 1965 E Hermosa Dr

  • 3.65 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,263. Most Tempe, AZ residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Tempe›85281›700 W University Dr Unit 117

This home is located at 700 W University Dr Unit 117 in Tempe, AZ and zip code 85281 in the Riverside neighborhood. This 595 square foot home, which was built in 1982, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $224,900.

In March 2024, from all listings sold in Tempe, AZ there were more than 16 sold above asking price, over 53 sold below and more than 36 were sold right at the asked price. Between February 2024 and March 2024, Tempe, AZ real estate market has seen increase in the number of listings by 0.3%. The median list price of listings available in March 2024 was $464,944, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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