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

Location

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700 W University Dr Unit 203, Tempe$285,000

Buyer Closing Credits

$3,384^*

1.25% Loan Amount

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1 (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: $285,000
Price Per SqFt: $339/SqFt

HOA Fees:

Amount: $195
Frequency: Monthly

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Housing Market Comparison

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

Tempe, AZ

City

Med. Sold Price

$475K

Med. Price/SqFt

$303

Avg. Days On Market

# of Sold Homes

120

700 W University Dr Unit 203 vs Tempe

57 DAYS ON ROCKET

+9 Days

$285,000

-$190K Less

$339/SqFt

+$35 More

KEY TAKEAWAY

This property is $190K less than the Median Sold Price and $35/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

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: 11/21/2024, 11:20:57 AM 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.

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NMLS#3030

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

/10

Scales Technology Academy
1115 W 5th St
Distance between this listing and this school0.40 miles
Public District Grades KG-5

/10

Holdeman Elementary School
1326 W 18th St
Distance between this listing and this school1.01 miles
Public District Grades KG-5

/10

Broadmor Elementary School
311 E Aepli Dr
Distance between this listing and this school1.47 miles
Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

58%

<35k

40%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 57%
High School: 33%
Doctorate: 6%
Masters: 5%

What types of families live nearby?

79%

Single, No Kids

12%

Single, with Kids

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Renters: 90%
Home Owners: 10%

How old are people in this area?

11%

<11 yrs old

12-17 yrs old

59%

18-34 yrs old

24%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Major League Soccer (MLS)

Where do the neighbors shop?

H&M
Burlington

Where do the neighbors go to eat?

Boston Market
Popeyes
White Castle

What do the neighbors drive?

Honda
Nissan
Kia

What do the neighbors listen to?

Rhythmic Contemporary Hits
Urban Adult Contemporary

The neighbors living near this home have an average income of $25,263. The most common annual income of people living in Tempe, AZ is less than $35k. Residents typically live in single, no kids family. Most residents in this area 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 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 $285,000.

While more than 17 listings in Tempe, AZ in October 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 73 were sold below. The inventory of homes for sale in Tempe, AZ between September 2024 and October 2024 increased by 11.6%. In October 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $475,000.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Lot Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

More Homes For Sale in Tempe

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Housing Market Reports in Maricopa County