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  3. Tempe, AZ
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  5. 700 W University Dr
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700 W University Dr

700 W University Dr, Tempe, AZ, 85281

YEAR BUILT

1982

# STORIES

2

# TOTAL UNITS

64

UNIT SIZE RANGE

595-840 sqft

Description

700 W University Dr sits in Tempe, Arizona, near the busy intersection of South Mill Avenue and East University Drive. The building overlooks lush landscaping and is close to Tempe Town Lake, a popular aquatic area. This low-rise property includes 2 stories and has a total of 64 condominium units. Constructed in 1982, the building features units ranging from 595 to 840 square feet. A variety of floor plans provides options with 1 and 2 bedrooms. Most units boast spacious layouts, large bedrooms, and good natural light. Recent updates include a newer roof and HVAC systems. In-unit laundry facilities make everyday living simple. Pricing reflects the market well. The lowest sold price in the past year was around $214,500, while the average closed price was $223,167. The average price per square foot across sold listings stands at $337. Units typically spend around 154 days on the market. Assignments for covered parking exist along with visitor parking. Community amenities enhance life here. A pool and heated spa provide relaxation and recreation. Well-maintained grounds add to the appeal. Nearby dining options like Mucho Gusto, Rosita's Restaurant, and Cornish Pasty Co offer diverse food choices. Proximity to Arizona State University and light rail adds convenience, helpful for both residents and visitors. Major freeways such as Loop 101, 202, and US-60 are easily accessible. The setting combines quiet living with urban amenities. This property works well for rental or investment opportunities. The blend of manageable unit sizes and community features creates a solid living environment in Tempe.

Building ImageMLS ID #6982820
Building ImageView Listing

700 W University Dr

700 W University Dr, Tempe, AZ, 85281

YEAR BUILT

1982

# STORIES

2

# TOTAL UNITS

64

UNIT SIZE RANGE

595-840 sqft

Description

700 W University Dr sits in Tempe, Arizona, near the busy intersection of South Mill Avenue and East University Drive. The building overlooks lush landscaping and is close to Tempe Town Lake, a popular aquatic area. This low-rise property includes 2 stories and has a total of 64 condominium units. Constructed in 1982, the building features units ranging from 595 to 840 square feet. A variety of floor plans provides options with 1 and 2 bedrooms. Most units boast spacious layouts, large bedrooms, and good natural light. Recent updates include a newer roof and HVAC systems. In-unit laundry facilities make everyday living simple. Pricing reflects the market well. The lowest sold price in the past year was around $214,500, while the average closed price was $223,167. The average price per square foot across sold listings stands at $337. Units typically spend around 154 days on the market. Assignments for covered parking exist along with visitor parking. Community amenities enhance life here. A pool and heated spa provide relaxation and recreation. Well-maintained grounds add to the appeal. Nearby dining options like Mucho Gusto, Rosita's Restaurant, and Cornish Pasty Co offer diverse food choices. Proximity to Arizona State University and light rail adds convenience, helpful for both residents and visitors. Major freeways such as Loop 101, 202, and US-60 are easily accessible. The setting combines quiet living with urban amenities. This property works well for rental or investment opportunities. The blend of manageable unit sizes and community features creates a solid living environment in Tempe.

Next

Description

700 W University Dr sits in Tempe, Arizona, near the busy intersection of South Mill Avenue and East University Drive. The building overlooks lush landscaping and is close to Tempe Town Lake, a popular aquatic area. This low-rise property includes 2 stories and has a total of 64 condominium units. Constructed in 1982, the building features units ranging from 595 to 840 square feet. A variety of floor plans provides options with 1 and 2 bedrooms. Most units boast spacious layouts, large bedrooms, and good natural light. Recent updates include a newer roof and HVAC systems. In-unit laundry facilities make everyday living simple. Pricing reflects the market well. The lowest sold price in the past year was around $214,500, while the average closed price was $223,167. The average price per square foot across sold listings stands at $337. Units typically spend around 154 days on the market. Assignments for covered parking exist along with visitor parking. Community amenities enhance life here. A pool and heated spa provide relaxation and recreation. Well-maintained grounds add to the appeal. Nearby dining options like Mucho Gusto, Rosita's Restaurant, and Cornish Pasty Co offer diverse food choices. Proximity to Arizona State University and light rail adds convenience, helpful for both residents and visitors. Major freeways such as Loop 101, 202, and US-60 are easily accessible. The setting combines quiet living with urban amenities. This property works well for rental or investment opportunities. The blend of manageable unit sizes and community features creates a solid living environment in Tempe.

700 W University Dr Key Stats Last 12 months

Avg. Listed Price$221,125($310/Sqft.)
Avg. Sale Price$223,167($337/Sqft.)
Year over year list priceDown Arrow1.65%
Year over year sale priceDown Arrow 10.75%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market154 days
Average HOA fees per sqft$4 /monthly
Next

Key Stats

Year over year list priceDown Arrow1.65%
Year over year sale priceDown Arrow10.75%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market154 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

High
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

700 W University Dr Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 253253595111982026-03-02
MLS#: 6906742 		Closed$155,500
Unit A206A20684021862025-10-16
MLS#: 6895686 		Closed$240,000
Unit 2342345951152015-05-05
MLS#: 5272622 		Closed$65,000
Unit 22022059511592014-05-09
MLS#: 5082373 		Closed$66,000
Unit 220
220

1 Beds

1 Baths

595 sqft

DateStatusPrice
2014-05-09Closed$66,000
MLS#: 5082373
Days On Market59
Unit 234
234

1 Beds

1 Baths

595 sqft

DateStatusPrice
2015-05-05Closed$65,000
MLS#: 5272622
Days On Market5
Unit 253
253

1 Beds

1 Baths

595 sqft

DateStatusPrice
2026-03-02Closed$155,500
MLS#: 6906742
Days On Market198
Unit A206
A206

2 Beds

1 Baths

840 sqft

DateStatusPrice
2025-10-16Closed$240,000
MLS#: 6895686
Days On Market86
View Complete Unit Listing HistorySource By: ARMLS

Amenities

Discover the comfort and convenience of living in this beautiful condo building. You can relax by the pool on warm afternoons. Take a dip in the water or lounge on the sun deck. For those who enjoy hosting, there’s a spacious party room for gatherings with friends and family. Fitness enthusiasts will appreciate the health club, where you can stay active and healthy. If you love the outdoors, you will find nearby bike trails perfect for exploring nature. The close proximity to nearby tennis courts and a golf course adds to the range of leisure activities available. With a convenient commissary and a boat dock on site, life here offers both relaxation and adventure.

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Amenities Description

Discover the comfort and convenience of living in this beautiful condo building. You can relax by the pool on warm afternoons. Take a dip in the water or lounge on the sun deck. For those who enjoy hosting, there’s a spacious party room for gatherings with friends and family. Fitness enthusiasts will appreciate the health club, where you can stay active and healthy. If you love the outdoors, you will find nearby bike trails perfect for exploring nature. The close proximity to nearby tennis courts and a golf course adds to the range of leisure activities available. With a convenient commissary and a boat dock on site, life here offers both relaxation and adventure.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Barbecue

Barbecue

Security System

Security System

Balcony

Balcony

Policies

This condo building values a friendly environment while maintaining order. It has policies that ensure everyone’s comfort. You’ll need to follow the rules regarding the number of occupants allowed per unit. A deposit is required before making your condo your new home. Pet lovers will be pleased to know that both cats and dogs are welcome. Just remember, size limits might apply. These policies help create a harmonious living experience for all residents. Knowing what to expect can help you feel right at home in this welcoming community.

Next

Amenities Description

This condo building values a friendly environment while maintaining order. It has policies that ensure everyone’s comfort. You’ll need to follow the rules regarding the number of occupants allowed per unit. A deposit is required before making your condo your new home. Pet lovers will be pleased to know that both cats and dogs are welcome. Just remember, size limits might apply. These policies help create a harmonious living experience for all residents. Knowing what to expect can help you feel right at home in this welcoming community.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
700 W University Dr$337/sqft.$4 /sqft.
700 W University Dr$337/sqft.$4 /sqft.
421 W 6th St$367/sqft.$7 /sqft.
616 S Hardy Dr$361/sqft.$4 /sqft.
154 W 5th St$440/sqft.$4 /sqft.
122 S Hardy Dr$266/sqft.$5 /sqft.

Nearby Schools

Scales Technology Academy

C+
Public|Grades KG–5
1115 W 5th St|0.43 miles away

Gililland Middle School

D+
Public|Grades 6–8
1025 S Beck Ave|0.52 miles away

Banner Academy

--
Private|Grades 7–12
1410 W 10th Pl|0.87 miles away

Tempe High School

D+
Public|Grades 9–12
1730 S Mill Ave|1.02 miles away

Evit - Tempe High School

--
Public|Grades 9–12
1730 S Mill Ave|1.02 miles away

Holdeman Elementary School

D
Public|Grades KG–5
1326 W 18th St|1.07 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Scales Technology Academy

C+
Public|Grades KG–5
1115 W 5th St|Less than 1 Mile Away

Gililland Middle School

D+
Public|Grades 6–8
1025 S Beck Ave|Less than 1 Mile Away

Banner Academy

--
Private|Grades 7–12
1410 W 10th Pl|Less than 1 Mile Away

Tempe High School

D+
Public|Grades 9–12
1730 S Mill Ave|1.02 Miles Away

Evit - Tempe High School

--
Public|Grades 9–12
1730 S Mill Ave|1.02 Miles Away

Holdeman Elementary School

D
Public|Grades KG–5
1326 W 18th St|1.07 Miles Away

Noor Academy of Arizona

--
Private|Grades PK–6
1130 W 23rd St|1.34 Miles Away

Broadmor Elementary School

B-
Public|Grades KG–5
311 E Aepli Dr|1.47 Miles Away

McKemy Academy of International Studies

B
Public|Grades 6–8
2250 S College Ave|1.52 Miles Away

Asu Preparatory Academy Digital

C
Public|Grades KG–12
1130 E University ...|1.58 Miles Away

New School for the Arts

C+
Public|Grades 9–12
1216 E Apache Blvd|1.76 Miles Away

New School for the Arts Middle School

--
Public|Grades 6–8
1216 E Apache Blvd|1.76 Miles Away

Humanities and Sciences Academy Arizona

--
Public|Grades 12–12
1105 E Broadway Rd|1.85 Miles Away

International Commerce High School - Tempe

--
Public|Grades 9–12
1105 E Broadway Rd|1.85 Miles Away

Ombudsman - Charter Northeast

--
Public|Grades 9–12
1290 N Scottsdale ...|1.86 Miles Away

Transit

10th St & Farmer Av (Flag Zone)

0.34 miles away|7 min walk

10th St & Mill Av (Flag Zone)

0.5 miles away|10 min walk

1st St & Farmer Av

0.5 miles away|10 min walk

1st St & Hardy Dr

0.5 miles away|10 min walk

1st St & McKemy St

0.47 miles away|9 min walk

1st St & Roosevelt St

0.46 miles away|9 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

10th St & Farmer Av (Flag Zone)

0.34 miles away|7 min walk

10th St & Mill Av (Flag Zone)

0.5 miles away|10 min walk

1st St & Farmer Av

0.5 miles away|10 min walk

1st St & Hardy Dr

0.5 miles away|10 min walk

1st St & McKemy St

0.47 miles away|9 min walk

1st St & Roosevelt St

0.46 miles away|9 min walk

52nd St & 10th Pl

1.25 miles away|24 min walk

52nd St & 14th St

1.35 miles away|26 min walk

52nd St & 16th St

1.42 miles away|28 min walk

52nd St & 4th St

1.26 miles away|25 min walk

52nd St & Medtronic Wy

1.27 miles away|25 min walk

52nd St & University Dr

1.22 miles away|24 min walk

5th St & Albert Av (Flag Zone)

0.85 miles away|17 min walk

5th St & Ash Av

0.38 miles away|8 min walk

5th St & Beck Av (Flag Zone)

0.51 miles away|10 min walk

5th St & Farmer Av

0.33 miles away|7 min walk

5th St & Farmer Av (Flag Zone)

0.32 miles away|7 min walk

5th St & Hardy Dr (Flag Zone)

0.3 miles away|6 min walk

5th St & Maple Av

0.49 miles away|10 min walk

5th St & Mill Av

0.5 miles away|10 min walk

5th St & Mitchell Dr (Flag Zone)

0.22 miles away|5 min walk

5th St & Myrtle Av

0.59 miles away|12 min walk

5th St & Priest Dr (Flag Zone)

0.77 miles away|15 min walk

5th St & Roosevelt St (Flag Zone)

0.22 miles away|5 min walk

5th St & Terry Ln (Flag Zone)

0.48 miles away|10 min walk

8th St & Dorsey Ln (Flag Zone)

1.8 miles away|35 min walk

Apache Bl & College Av

0.92 miles away|18 min walk

Apache Bl & McAllister Av

1.12 miles away|22 min walk

Ash Av & 3rd St

0.51 miles away|10 min walk

Beck Av & 13th St (Flag Zone)

0.69 miles away|14 min walk

Beck Av & Broadway Rd (Flag Zone)

1.04 miles away|20 min walk

Beck Av & University Dr (Flag Zone)

0.47 miles away|10 min walk

Broadway Rd & 1208 East

1.9 miles away|37 min walk

Broadway Rd & 1221 East

1.95 miles away|38 min walk

Broadway Rd & 48th St

1.98 miles away|38 min walk

Broadway Rd & 55th St

1.41 miles away|27 min walk

Broadway Rd & Beck Av

1.1 miles away|21 min walk

Broadway Rd & College Av

1.29 miles away|25 min walk

Broadway Rd & Cutler Dr

1.18 miles away|23 min walk

Broadway Rd & Farmer Av

1.06 miles away|21 min walk

Broadway Rd & Hardy Dr

1.06 miles away|21 min walk

Broadway Rd & Industrial Park Av

1.1 miles away|22 min walk

Broadway Rd & Jentilly Ln

1.74 miles away|34 min walk

Broadway Rd & Mill Av

1.13 miles away|22 min walk

Broadway Rd & Priest Dr

1.24 miles away|24 min walk

Broadway Rd & Roosevelt St

1.03 miles away|20 min walk

Broadway Rd & Rural Rd

1.62 miles away|31 min walk

Broadway Rd & Sierra Vista Dr

1.47 miles away|29 min walk

Broadway Rd & Terrace Rd

1.84 miles away|36 min walk

Broadway Rd & Ventura Dr

1.45 miles away|28 min walk

The Neighbourhood: Riverside

Riverside is in Maricopa County. The area sits near open desert, green spaces, and local parks. It has small shops, casual cafes, and basic services like grocery stores and banks. The district offers public parks, walking paths, picnic areas, and recreation spots. Local schools, libraries, and health clinics serve families and nearby workers. Commuters use nearby highways, regular bus routes, and local roads to reach downtown. The area hosts small community events and weekly farmers markets in season. Visitors find easy parking, clear street layouts, and short travel times for errands.

Next

Neighbourhood Description

Riverside is in Maricopa County. The area sits near open desert, green spaces, and local parks. It has small shops, casual cafes, and basic services like grocery stores and banks. The district offers public parks, walking paths, picnic areas, and recreation spots. Local schools, libraries, and health clinics serve families and nearby workers. Commuters use nearby highways, regular bus routes, and local roads to reach downtown. The area hosts small community events and weekly farmers markets in season. Visitors find easy parking, clear street layouts, and short travel times for errands.

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700 W University Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 11.35% are children aged 0–14, 58.02% are young adults between 15–29, 16.98% are adults aged 30–44, 6.75% are in the 45–59 range and 6.9% are seniors aged 60 and above. Commuting options are also varying where 69.51% of residents relying on driving, while others prefer public transit around 2.36%, walking around 9.06%, biking around 4.74%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 80.48% of units are rented and 19.52% are owner occupied. The neighborhood offers different household types. About 15.63% are single family homes and 7.31% are multi family units. Around 40.46% are single-person households, while 59.54% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 26.54% of residents have bachelor’s degrees. Around 16.37% have high school or college education. Another 6.47% hold diplomas while 19.56% have completed postgraduate studies. The remaining are 31.05% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 11.35% are children aged 0–14, 58.02% are young adults between 15–29, 16.98% are adults aged 30–44, 6.75% are in the 45–59 range and 6.9% are seniors aged 60 and above. Commuting options are also varying where 69.51% of residents relying on driving, while others prefer public transit around 2.36%, walking around 9.06%, biking around 4.74%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 80.48% of units are rented and 19.52% are owner occupied. The neighborhood offers different household types. About 15.63% are single family homes and 7.31% are multi family units. Around 40.46% are single-person households, while 59.54% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 26.54% of residents have bachelor’s degrees. Around 16.37% have high school or college education. Another 6.47% hold diplomas while 19.56% have completed postgraduate studies. The remaining are 31.05% with other types of qualifications.

Age Demographics

11.35% (0 - 14 years old)

58.02% (15 - 29 years old)

16.98% (30 - 44 years old)

6.75% (45 - 59 years old)

6.9% (60+ years old)

Commute

2.36%

Transit

9.06%

Walk

69.51%

Drive

4.74%

Bike

Housing Ownership

19.52%

Owner Occupied

80.48%

Rental Units

Household Types

15.63%

Single Family

7.31%

Multi Family

40.46%

Single Person

59.54%

Multi Person

Education

Bachelors Degree26.54%
High School College16.37%
Diploma6.47%
Post Graduate19.56%
Others31.05%
Next

Education

Diploma6.47%
Post Graduate19.56%
Others31.05%
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  1. Home
  2. /Tempe, AZ
  3. /
    700 W University Dr
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