406 E COLGATE Drive, Tempe, AZ 85283

$325,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,439 Lot Size (sq. ft.): 3,498 Status: UCB (Under Contract-Backups)
Current Price: $325,000 Last Modified: 4/01/2026

Overview

Description

Value-add opportunity in a prime Tempe location. Centrally situated near schools, shopping, dining, and major commuter routes, this townhouse offers strong upside potential. Cosmetic remodel, rental, first time home buyer, and more! The home features a functional and spacious layout with a large living room, dedicated dining area, galley kitchen, oversized laundry room, and generously sized bedrooms. The solid floor plan provides an excellent canvas for cosmetic updates and modernization. Single-owner property with room for improvement, making it ideal for an investor seeking to renovate and build equity. The private patio with outdoor fireplace adds a unique outdoor living feature, while the well-maintained community offers expansive grassy areas and a pool-

Supplements: amenities that enhance long-term rental and resale appeal. An excellent opportunity to add value in a central Tempe community with enduring demand.

Listing Details MLS# 6992909

Location, Tax & Legal

House Number
406
Compass
E
Street Name
COLGATE
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85283
Zip4
1809
County Code
Maricopa
Assessor Number
301-80-500
Subdivision
UNIVERSITY ROYAL GARDEN HOMES
Tax Year
2025
Assessor's Map #
80
Legal Description (Abbrev)
LOT 57 UNIVERSITY ROYAL GARDEN HOMES MCR
Assessor's Parcel #
500
Tax Municipality
Tempe
Taxes
1496

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
3
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1439
Price/SqFt
225.85
Horses
N
Builder Name
NA
Year Built
1978
Approx Lot SqFt
3498
Approx Lot Acres
0.08
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Aguilar School
Jr. High School
Connolly Middle School
High School
Marcos De Niza High School
Half Bathrooms
0

Remarks Misc

Cross Street
Rural Rd and Baseline Rd
Directions
Baseline Rd To Rural Rd. South on Rural Rd to Oxford Dr. East on Oxford Dr. North or La Rosa Dr. East on Colgate to property.

Legal Info

Township
1S
Range
4E
Section
3
Lot Number
57

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Wood Siding
Yes
Painted
Yes
Stucco
Yes

Roofing

Foam
Yes
Rolled
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
0
HOA Fee
179
HOA Paid Frequency
Monthly
HOA Name
University Royal Gar
HOA Telephone
480-759-4945
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
358
Disclosure Fees HOA
400
Other Fees HOA
0
Com Facilities Distr
N
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
179

Lockbox Type

Combo
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes

Master Bedroom

Split
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Community Features

Clubhouse/Rec Room
Yes

Dining Area

Eat-in Kitchen
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Electric Range
Yes
Built-in Microwave
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Surface Type

Asphalt
Yes

Fencing

Block
Yes

Water Source

City Water
Yes

Community Pool Features

Play Pool
Yes

Exterior Features

Covered Patio(s)
Yes
Patio
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

RV Gate
Yes
RV Access/Parking
Yes

New Financing

Cash
Yes
Conventional
Yes

Plumbing

Electric Hot Wtr Htr
Yes

Utilities

SRP
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Grass Front
Yes

Unit Style

Two Common Walls
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Exterior Mnt of Unit
Yes
Front Yard Maint
Yes
Common Area Maint
Yes
Street Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Sep RV Prkng Avail
Yes
Rental OK (See Rmks)
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Split Flooring: Carpet; Laminate; Tile Community Pool Features: Play Pool Spa: None Community Features: Clubhouse/Rec Room Dining Area: Eat-in Kitchen Kitchen Features: Electric Range; Dishwasher; Built-in Microwave; Refrigerator Laundry: Washer Included; Dryer Included Exterior Features: Covered Patio(s); Patio Parking Features: RV Access/Parking; RV Gate Road Surface Type: Asphalt Construction: Wood Frame Const - Finish: Wood Siding; Painted; Stucco Roofing: Foam; Rolled Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Grass Front Lockbox Type: Combo Possession: Close of Escrow Unit Style: Two Common Walls Association Fee Incl: Exterior Mnt of Unit; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Coldwell Banker Realty
IDX
Last Updated: April - 01 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.