For SaleRisky Deal0 days on market
700 W University Dr Unit 253
700 W University Dr Unit 253, Tempe, AZ 85281, Tempe, AZ 85281
$259,000
Listing Price
700 W University Dr Unit 253, Tempe, AZ 85281
Loc: Tempe, AZ
Days Listed
0
Rent Estimate
$1,153/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Scales Technology Academy
PK-5
0.4 mi away
2
Geneva Epps Mosley Middle School
6-8
0.5 mi away
5
Tempe High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
moderncontemporaryopen floor planslatted wood wallfloating consoleambient lightingminimalistupdated kitchenbreakfast barhardwood flooringcozyneutral color palettesectional sofa
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.03%
Total ROI
24.7%
Cash Flow
$-690/mo
DSCR
0.49
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-690/mo net cash flow with a 3.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Tempe, AZ
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $259,000 | $435 |
| 2026-03-02 | Sold | $155,500 | $261 |
| 2026-03-02 | Pending sale | $179,000 | $301 |
| 2026-02-06 | Price change | $179,000 | $301 |
| 2025-10-09 | Price change | $195,000 | $328 |
| 2025-08-15 | Listed for sale | $212,900 | $358 |
| 2024-01-23 | Listing removed | $239,900 | $403 |
| 2023-09-02 | Listing removed | $0 | – |
| 2023-08-01 | Listed for rent | $1,200 | $2 |
| 2022-07-25 | Listing removed | $0 | – |
| 2022-07-15 | Listing removed | $239,900 | $403 |
| 2022-07-07 | Listed for sale | $239,900 | $403 |
| 2022-06-24 | Listed for rent | $1,200 | $2 |
| 2019-06-17 | Listing removed | $860 | $1 |
| 2019-06-14 | Price change | $860 | $1 |
| 2019-05-21 | Listed for rent | $875 | $1 |
| 2019-04-30 | Sold | $110,000 | $185 |
| 2017-07-29 | Listing removed | $800 | $1 |
| 2017-06-27 | Listed for rent | $800 | $1 |
| 2013-10-17 | Listing removed | $81,500 | $137 |
| 2013-09-15 | Listed for sale | $81,500 | $137 |
| 2003-04-14 | Sold | $48,500 | $82 |
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