700 W University Dr Unit 255, Tempe, AZ, 85281

Location

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700 W University Dr Unit 255, Tempe$215,000

Buyer Closing Credits

$2,553^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingAssigned, Community Structure

Year Built1983

HeatingElectric

FireplaceNone

MLS #6718490

Lot Size0.01 Acres

StatusActive

About 700 W University Dr Unit 255

Wonderful opportunity to live in a fantastic location in Tempe at an affordable price. Close proximity to all the entertainment, amenities and dining on Mill Ave as well as the ASU campus. New carpet throughout, fabulous location in the complex on the 2nd floor, quiet end unit and close to the pool and heated spa. Assigned covered parking and washer/dryer inside the unit.

Property Details

Property Features

Property Information:

Year Built: 1983
Stories: 2
Living Area: 595 SqFt

Listing Office:

Office Name: Realty Executives
Office Phone: (602) 861-3300
Listing Agent: Nancy Villemez

Interior Features

Interior Information:

Flooring Type: Carpet
Interior: 3/4 Bath Master Bdrm, High Speed Internet
Fireplace: None

Bedroom and Bathroom Information:

Total Bedroom Count: 1

Exterior Features

Exterior Information:

Private Pool: No

Parking Information:

Parking: Assigned, Community Structure

Lot Features

Lot Information:

Lot Size: 0.01 Acres

Utilities

Utilities Information:

Heating: Electric

Other

Directions Information:

Directions: West on University from Mill to Scene 1 Condominiums. Building J is toward the middle of the complex just southwest of the pool.

Price Information

Listing Price Info

Price Summary:

List Price: $215,000
Price Per SqFt: $361/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 255 vs Tempe

161 DAYS ON ROCKET

+113 Days

$215,000

-$260K Less

$361/SqFt

+$57 More

KEY TAKEAWAY

This property is $260K less than the Median Sold Price and $57/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: #6718490

Listing Office:

Office Name: Realty Executives
Office Phone: (602) 861-3300
Listing Agent: Nancy Villemez

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, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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. 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 255

This home is located at 700 W University Dr Unit 255 in Tempe, AZ and zip code 85281 in the Riverside neighborhood. This 595 square foot home, which was built in 1983, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $215,000.

Over 17 listings were sold over their listed price in October 2024 in Tempe, AZ. In the same period over 73 listings were sold below the listed price and 30 listings were sold for the listed price. Between September 2024 and October 2024, Tempe, AZ real estate market has seen increase in the number of listings by 11.6%. The median list price of listings available in October 2024 was $475,000, while the average time on the real estate market was 48 days.

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

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