700 W University Drive 241, Tempe, AZ 85281 — photo 1 of 15

ActiveMLS #6982820

$199,000

700 W University Drive #241

Tempe, AZ 85281

1beds

1baths

595sqft

Price per sqft: $334/sqft
Listed: Feb 11, 2026
Since listed: 216 days
Lot: 605 sqft lot

Home highlights

Single-story

About this home

CURRENTLY BEING RENTED: Take over the lease. PERFECT for an ASU Student or Mom and Dad....buy it and visit your child at ASU! Minutes from ASU and downtown Tempe! Wonderful 1 bedroom, 1 bathroom top-level corner unit. Security door, walk-in closet and community pool. Close to shopping, light rail and restaurants! HOA dues covers Water, Trash, Sewer. Community Pool too!....

From ARMLS

Property details

Home & layout

Property type: Apartment
Bedrooms: 1
Bathrooms: 1
Living area: 595 sqft
Year built: 1983
Stories: Single-story

Interior

Interior features: High Speed Internet, Breakfast Bar, No Interior Steps, Full Bth Master Bdrm
Flooring: Laminate, Tile
Laundry: Inside
Windows: Dual Pane

Systems & utilities

Heating: Electric
Cooling: Central Air
Sewer: Public Sewer
Water source: City Water

Lot, exterior & construction

Lot size: 605 sqft lot
Lot features: None
Construction: Stucco, Wood Frame, Painted
Roof: Tile, Built-Up
Fencing: None
Spa: None

Parking & access

Garage: 0 spaces
Carport: 1 spaces
Covered parking: 1 spaces
Parking features: Assigned

Community & lifestyle

Subdivision: Scene one
Community features: Pool
HOA: $215 monthly
HOA name: Scene 1 Condominiums

Location

Explore the neighborhood

700 W University Drive #241, Tempe, AZ 85281

Get directions Open in Google Maps

Updating map…

Map location is based on MLS coordinates. Verify the exact property location before visiting.

Schools

Elementary: Scales Technology Academy
Middle: Geneva Epps Mosley Middle School
High: Tempe High School

School assignments can change and are not guaranteed. Please verify enrollment directly with the district.

Listing information

Status: Active
MLS number: 6982820
Listed: Feb 11, 2026
Last updated: Aug 9, 2026, 5:07 PM MST
County: Maricopa
Tax year: 2025
Listing terms: Cash, Conventional
Possession: Close of Escrow
Special conditions: N/A
Listing agent: Thomas Ross
Listing brokerage: Coldwell Banker Realty

Planning tool

Monthly payment estimate

Adjust the assumptions below to explore a possible monthly payment for this home.

Home price

Down payment

Example interest rate

Loan term

Estimated annual property taxes

MLS did not provide the tax amount, so this starts at 0.52% of the home price and updates with it.

Estimated annual homeowners insurance

Starts at 0.35% of the home price and remains fully editable.

Monthly HOA

Monthly mortgage insurance

Estimated monthly total

$1,366

$159,200 loan after a $39,800 down payment

Principal & interest: $1,006
Property taxes: $86
Homeowners insurance: $58
HOA: $215
Mortgage insurance: $0

Estimate only—not a loan quote. The example rate is editable and is not represented as a current lender rate. When MLS does not provide annual taxes, the calculator starts with an editable percentage-of-price estimate. Homeowners insurance also starts with an editable percentage-of-price estimate instead of $0. Actual payments vary and may also include lender fees, closing costs, utilities, maintenance, and other expenses. Verify taxes, insurance, HOA dues, and financing with the appropriate professionals.

Wendy Macica

Simply Real Estate

I can represent you on this home, answer your questions honestly, and arrange a private tour — whoever holds the listing.

Ask a question about this home Keep looking

Listing courtesy of Thomas Ross, Coldwell Banker Realty.

Request a tour Ask Wendy