2 months on rocket

700 W University Dr Unit 203, Tempe, AZ, 85281

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
1 Bath
840 SqFt
$327/SqFt
Multi

Location

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700 W University Dr Unit 203, Tempe$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAssigned
Year Built1982
HeatingElectric
FireplaceNone
MLS #6761560
StatusActive

About 700 W University Dr Unit 203

Charming 2-bedroom, 1-bath condo - Turnkey Investment Opportunity! This beautiful updated 2 bedroom 1 bath condo is the perfect blend of comport and convenience. Recent upgrades include brand new flooring and fresh interior paint throughout, giving the home a modern and clean fell. The kitchen boasts all-new appliances, including a brand new sink, making meal prep a breeze. The bathroom has been refreshed with a new toilet, adding to the home's overall appeal. For added convenience, a stackable washer and dryer are included, making laundry days hassle free. Whether you're looking for a low maintenance home or a great investment opportunity, this condo is move-in-ready and waiting for it's next owner! Priced to Sell!!

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1982
  • Stories: 2
  • Living Area: 840 SqFt

Listing Office:

  • Office Name: Best Homes Real Estate
  • Office Phone: (602) 396-5660
  • Listing Agent: Bobby Johns

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Eat-in Kitchen, High Speed Internet, Laminate Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Grass Front

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: Head West on University form W Roosevelt St. unit on North side of University Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $327/SqFt

HOA Fees:

  • Amount: $195
  • Frequency: Monthly
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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

$479.7K

Med. Price/SqFt

$304

Avg. Days On Market

52

# of Sold Homes

82

700 W University Dr Unit 203 vs Tempe

89 DAYS ON ROCKET

+37 Days

$275,000

-$204.7K Less

$327/SqFt

+$22 More

KEY TAKEAWAY

This property is $204.7K less than the Median Sold Price and $22/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: #6761560

Listing Office:

  • Office Name: Best Homes Real Estate
  • Office Phone: (602) 396-5660
  • Listing Agent: Bobby Johns

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: 12/22/2024, 6:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,635

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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.

Nearby Schools

school-card-donut-1047948
3
/10

  • Scales Technology Academy

  • 1115 W 5th St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-1047949
2
/10

  • Holdeman Elementary School

  • 1326 W 18th St

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-1047950
6
/10

  • Broadmor Elementary School

  • 311 E Aepli Dr

  • 1.47 miles

  • Public District Grades KG-5

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. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Arizona›Maricopa County›Tempe›85281›700 W University Dr Unit 203

This home is located at 700 W University Dr Unit 203 in Tempe, AZ and zip code 85281 in the Riverside neighborhood. This 840 square foot home was built in 1982. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $275,000.

Tempe, AZ housing market in November 2024 saw over 13 listings sold above listed price, more than 23 sold at listed price and over 46 sold below. Between October 2024 and November 2024, Tempe, AZ real estate market has seen decrease in the number of listings by 3.3%. While the average time on the market in November 2024 was 52 days, the median list price was $479,747.

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

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