2027 E UNIVERSITY Drive 117, Tempe, AZ 85288
$425,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,510
Lot Size (sq. ft.):
2,262
Status:
UCB (Under Contract-Backups)
Current Price:
$425,000
List Date:
1/16/2026
Last Modified:
2/03/2026
Description
Discover rare 3-bedroom, 3-bath living in this well-maintained townhome located in a gated Tempe community near the 101/202 interchange. Offering one of the only true 3-bed/3-bath floorplans in the neighborhood, this upgraded home features new laminate flooring (2022), brand-new dual-pane windows and patio doors (2023), and a transferable lifetime warranty for added peace of mind. A spacious 2-car garage provides secure parking and storage while the private patio backs to no neighbors - an uncommon bonus in this price point. One bedroom & bath on the main level adds flexibility for guests or work-from-home, with two additional bedroom suites upstairs. Enjoy unbeatable convenience just 0.75 miles to Tempe Marketplace, minutes to ASU, Sloan Park spring training, Tempe Town Lake, and fast...
Supplements: ...freeway access for commuting across the Valley. A bus stop sits just outside the gate, making car-light living simple. This rare 3/3 Tempe townhome is move-in ready - don't miss your chance.
More Information MLS# 6968641
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $425,000
Status: UCB (Under Contract-Backups)
Current Price: $425,000
List Date: 2026-01-15
Location, Tax & Legal
Unit #: 117
Assessor's Map #: 68
Legal Description (Abbrev): LOT 35 RIO VENTANA TOWNHOMES MCR
Assessor's Parcel #: 277
Tax Municipality: Tempe
Taxes: 2257
House Number: 2027
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 8526
County Code: Maricopa
Assessor Number: 132-68-277
Subdivision: RIO VENTANA TOWNHOMES
Tax Year: 2025
General Property Description
Dwelling Styles: Attached
# of Interior Levels: 2
Full Bathrooms: 3
Half Bathrooms: 0
Approx SQFT: 1510
Price/SqFt: 281.46
Approx Lot SqFt: 2262
Approx Lot Acres: 0.052
Horses: N
Builder Name: UKNOWN
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: Tempe High School
Community Pool Y/N: Yes
Private Pool Y/N: No
Planned Comm Name: Rio Ventana Townhomes
Fireplace YN: No
Marketing Name: Rio Ventana Townhomes
Dwelling Type: Townhouse
Exterior Stories: 2
# Bedrooms: 3
Total Bathrooms: 3
Year Built: 2002
Legal Info
Range: 4E
Section: 24
Township: 1N
Lot Number: 35
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: Yes
HOA Transfer Fee: 400
HOA Fee: 200
HOA Paid Frequency: Monthly
HOA Name: Rio Ventana
HOA Telephone: 480-446-9077
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: %
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 0
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 200
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Building Style
String: 1
Master Bathroom
Full Bth Master Bdrm: 1
Separate Shwr & Tub: 1
Double Vanity: 1
Private Toilet Room: 1
Master Bedroom
Upstairs: 1
Not Split: 1
Additional Bedroom
Other Bedroom Split: 1
Other Bedroom Downstairs: 1
Separate Bedroom Exit: 1
Master Bedroom Walk-in Closet: 1
Other Bedroom Walk-in Closet: 1
Add'l Property Use
None: 1
Flooring
Vinyl: 1
Window Features
Screens: 1
Dual Pane: 1
ENERGY STAR Qualified Windows: 1
Community Features
Biking/Walking Path: 1
Community Spa: 1
Community Spa Htd: 1
Gated: 1
Near Bus Stop: 1
Near Light Rail Stop: 1
Dining Area
Eat-in Kitchen: 1
Dining in LR/GR: 1
Heating
Electric: 1
View
Mountain(s): 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Laminate Counters: 1
Built-in Microwave: 1
Pantry: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Programmable Thmstat: 1
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
Laundry
Washer Included: 1
Dryer Included: 1
Washer Hookup: 1
220 V Dryer Hookup: 1
In Garage: 1
Basement
Basement Y/N: N
Other Rooms
Great Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Community Pool Features
Fenced: 1
Outdoor: 1
Exterior Features
Balcony: 1
Patio: 1
Gazebo: 1
Open Deck: 1
Private Street(s): 1
Pvt Yrd(s)/Crtyrd(s): 1
Spa
Heated: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 2
Garage Spaces: 2
Parking Features
Attached Garage: 1
Direct Access: 1
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Energy/Green Feature
Multi-Zones: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
SRP: 1
Existing 1st Loan
Conventional: 1
Property Description
Cul-De-Sac Lot: 1
East/West Exposure: 1
Landscaping
Desert Front: 1
Desert Back: 1
Services
City Services: 1
Items Updated
Floor Yr Updated: 2022
Floor Partial/Full: Full
Unit Style
Two Levels: 1
Two Common Walls: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Exterior Mnt of Unit: 1
Garbage Collection: 1
Front Yard Maint: 1
Common Area Maint: 1
Street Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Prof Managed: 1
Remarks Misc
Cross Street: Price Rd (101) & University Dr.
Directions: From 101 Frwy, Exit University. West on University, Past Tesla will be 2nd Entry on Left, Gated Rio Ventana Entry. Proceed straight unit is towards the end of the complex, left side.
Geo Lat: 33.420082
Geo Lon: -111.899099
Miscellaneous
Home Warranty: 1
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Building Style: String
View: Mountain(s)
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room
Master Bedroom: Upstairs; Not Split
Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Separate Bedroom Exit; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Flooring: Vinyl
Window Features: Screens; Dual Pane; ENERGY STAR Qualified Windows
Community Pool Features: Fenced; Outdoor
Spa: Heated
Community Features: Biking/Walking Path; Community Spa; Community Spa Htd; Gated; Near Bus Stop; Near Light Rail Stop
Dining Area: Eat-in Kitchen; Dining in LR/GR
Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Laminate Counters
Laundry: Washer Included; Dryer Included; Washer Hookup; 220 V Dryer Hookup; In Garage
Other Rooms: Great Room
Interior Features: Vaulted Ceiling(s)
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Balcony; Gazebo; Open Deck; Patio; Private Street(s); Pvt Yrd(s)/Crtyrd(s)
Parking Features: Attached Garage; Direct Access; Garage Door Opener
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Built-Up
Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public; Sewer-In & Connected
Services: City Services
Fencing: Block
Property Description: Cul-De-Sac Lot; East/West Exposure
Landscaping: Desert Front; Desert Back
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Levels; Two Common Walls
Association Fee Incl: Exterior Mnt of Unit; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office:
Real Broker
Last Updated: February - 03 - 2026
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