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Sold for $240,000
  • $240,000

    700 W UNIVERSITY Drive #A206, Tempe, AZ 85281

    2beds
    1baths
    840sqft
    Apartment
    Built in 1982
    -- sqft lot
    $238,600 Zestimate®
    $286/sqft
    $1,375 Estimated rent

    Home value

    $238,600

    $217,000 - $262,000

    $1,375/mo

    Zestimate® history
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    What's special

    Welcome to your new home in the heart of Tempe! This rarely available 2-bedroom, 1-bath upstairs unit is nestled in the Scene One Condominiums, a well-maintained community known for its proximity to everything Tempe has to offer. Less than a mile from Arizona State University, the light rail, Tempe Town Lake, and Mill Avenue's dining, shopping, and nightlife, this location offers unbeatable convenience for students, faculty, professionals, or savvy investors looking for a prime rental property. Step inside and you'll find a thoughtfully updated interior featuring new tile flooring installed in 2024, updated kitchen and bathroom finishes, and a smart layout with spacious bedrooms and a cozy family room. The upstairs location provides added privacy and quiet, with no neighbors above you and great natural light throughout the unit. The kitchen comes equipped with a built-in microwave, electric range, refrigerator, and disposal, all complemented by laminate countertops. Whether you're cooking a quick breakfast before class or entertaining friends, this eat-in kitchen makes the most of the space. The stacked washer and dryer add even more functionality, giving you in-unit laundry convenience. The community amenities include a sparkling pool, heated spa, and well-maintained grounds with mature landscaping. Your assigned covered carport space and additional slab parking make it easy to come and go, while the HOA covers roof repair and replacement, garbage collection, front yard maintenance, and common area upkeep, all for a reasonable $195/month. The unit has been partially renovated in key areas including flooring, kitchen, and bathroom in 2024, offering a fresh and move-in ready experience. Whether you're buying for yourself or looking to add a strong performer to your investment portfolio, this home offers both comfort and long-term value. There's also nearby access to the Loop 101, 202, and US-60 freeways!

    Zillow last checked:

    Listing updated:

    Listed by:

    Josiah Miller 480-290-3239,

    West USA Realty

    Bought with:

    Yin hsuan Woodhall, SA699589000

    Best Homes Real Estate

    Source: ARMLS,MLS#: 6895686MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • High Speed Internet, Eat-in Kitchen, Laminate Counters
    • Flooring: Carpet, Tile
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls,Neighbor Below
    Interior area
    • Total structure area: 840
    • Total interior livable area: 840 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, Assigned
    • Carport spaces: 1
    • Uncovered spaces: 1
    Features
    • Stories: 2
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Block
    Lot
    • Size: 71 Square Feet
    • Features: Grass Front, Grass Back
    Details
    • Parcel number: 12434091

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Other
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop
    • Subdivision: SCENE 1 CONDOMINIUMS
    HOA
    • Has HOA: Yes
    • Services included: Roof Repair, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement
    • HOA fee: $215 monthly
    • HOA name: Scene 1 HOA
    • HOA phone: 480-820-1519
    Location
    • Region: Tempe

    Financial & listing details

    • Price per square foot: $286/sqft
    • Tax assessed value: $192,800
    • Annual tax amount: $938
    • Date on market: 7/26/2025
    • Cumulative days on market: 68 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/16/2025Sold$240,000$286/sqft
    Source: ARMLS #6895686 Report a problem
    10/3/2025Pending sale$240,000$286/sqft
    Source: ARMLS #6895686 Report a problem
    7/26/2025Listed for sale$240,000+100%$286/sqft
    Source: ARMLS #6895686 Report a problem
    5/21/2021Listing removed--
    Source: HomeSmart Report a problem
    2/13/2021Listed for rent$1,200$1/sqft
    Source: HomeSmart #6193994 Report a problem
    8/15/2017Sold$120,000+79.1%$143/sqft
    Source: Public Record Report a problem
    12/31/2003Sold$67,000+76.3%$80/sqft
    Source: Public Record Report a problem
    5/15/1995Sold$38,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$999 +7%$19,280 -3%
    2024$934 +1.2%$19,870 +161.7%
    2023$923 +3.8%$7,594 -40.9%
    2022$889 +2.4%$12,850 +11.7%
    2021$868 +1.9%$11,500 +18.2%
    2020$851 +2.5%$9,730 +23%
    2019$830 $7,910 -5%
    2018$830 +19.1%$8,330 +6.1%
    2017$697 +3.9%$7,850
    2016$671 +1.5%$7,850 +10.9%
    2015$661 $7,080 +40.2%
    2014-- $5,050 +13.5%
    2013-- $4,450 -12.7%
    2012-- $5,100 -29.2%
    2011-- $7,200 -7.7%
    2010-- $7,800 -19.2%
    2009-- $9,650 +12.9%
    2008-- $8,550 +27.6%
    2007-- $6,700 +44.1%
    2006-- $4,650
    2005-- $4,650 -10.6%
    2004-- $5,200
    2003-- $5,200 +40.5%
    2002-- $3,700
    Find assessor info on the county website

    Neighborhood: Riverside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Scales Technology Academy
    • Middle: Geneva Epps Mosley Middle School
    • High: Tempe High School
    • District: Tempe School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $238,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $238,600