700 W UNIVERSITY Drive 220, Tempe, AZ 85281 — photo 1 of 16

ActiveMLS #7055367Price reduced

$192,000

$195,000Reduced $3,000 (1.5%)on Sep 3, 2026

700 W UNIVERSITY Drive #220

Tempe, AZ 85281

1beds

1baths

595sqft

Price per sqft: $323/sqft
Listed: Jul 17, 2026
Since listed: 60 days
Lot: 602 sqft lot

About this home

Spectacular opportunity to get into the ASU lifestyle for under $200k! Meticulously maintained end unit overlooking the pool. Minutes away from campus, restaurants, and shopping. This cozy one bedroom, one bath condo has new carpet, new paint, new water heater, recent dual pane widows & fixtures. Refrigerator, washer, & dryer included. Walking distance to campus. Great rental potential. Listing Agent is related to seller.

From ARMLS

Property details

Home & layout

Property type: Apartment
Bedrooms: 1
Bathrooms: 1
Living area: 595 sqft
Year built: 1982
Stories: 2

Interior

Interior features: Breakfast Bar, Full Bth Master Bdrm, Laminate Counters
Flooring: Carpet, Wood
Laundry: Inside
Windows: Dual Pane

Systems & utilities

Heating: Heat Pump
Cooling: Heat Pump, Central Air, Ceiling Fan(s)
Sewer: Sewer in & Cnctd, Public Sewer
Water source: City Water

Lot, exterior & construction

Lot size: 602 sqft lot
Lot features: None, North/South Exposure
Construction: Stucco, Wood Frame
Roof: Foam
Fencing: Block
Spa: Heated

Parking & access

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

Community & lifestyle

Subdivision: SCENE 1 CONDOMINIUMS
Community features: Pool
HOA: $235 monthly
HOA name: Scene 1 Condominiums

Location

Explore the neighborhood

700 W UNIVERSITY Drive #220, Tempe, AZ 85281

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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: 7055367
Listed: Jul 17, 2026
Last updated: Sep 3, 2026, 10:12 AM MST
County: Maricopa
Previous tracked price: $195,000
Verified price reduction: $3,000 (1.5%)
Price reduced: Sep 3, 2026
Tax year: 2025
Listing terms: Cash, Conventional, FHA, VA Loan
Possession: By Agreement
Special conditions: N/A
Listing agent: Ryan Haynes
Listing brokerage: Realty ONE Group

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

$1,345

$153,600 loan after a $38,400 down payment

Principal & interest: $971
Property taxes: $83
Homeowners insurance: $56
HOA: $235
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.

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Listing courtesy of Ryan Haynes, Realty ONE Group.

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