$325,000
$325,000
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406 E COLGATE Drive Tempe, AZ 85283
3 Beds
2 Baths
1,439 SqFt
Key Details
Sold Price $325,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,439 sqft
Price per Sqft $225
Subdivision University Royal Garden Homes
MLS Listing ID 6992909
Sold Date 04/17/26
Bedrooms 3
Full Baths 2
HOA Fees $179/mo
HOA Y/N Yes
Year Built 1978
Annual Tax Amount $1,496
Tax Year 2025
Lot Size 3,498 Sqft
Acres 0.08
Property Sub-Type Townhouse
Source Arizona Regional Multiple Listing Service (ARMLS)
Property 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- amenities that enhance long-term rental and resale appeal.
An excellent opportunity to add value in a central Tempe community with enduring demand.
Location
State AZ
County Maricopa
Community University Royal Garden Homes
Area Maricopa
Direction 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.
Rooms
Master Bathroom true
Master Bedroom Split
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features Eat-in Kitchen, 3/4 Bath Master Bdrm
Heating Electric
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Electric Range
SPA None
Exterior
Parking Features RV Access/Parking, RV Gate
Carport Spaces 2
Fence Block
Community Features Pool
Utilities Available SRP
Roof Type Foam,Rolled/Hot Mop
Porch Covered Patio(s), Patio
Private Pool No
Building
Lot Description Grass Front
Story 1
Builder Name NA
Sewer Public Sewer
Water City Water
New Construction No
Schools
Elementary Schools Aguilar School
Middle Schools Connolly Middle School
High Schools Marcos De Niza High School
School District Tempe Union High School District
Others
HOA Name University Royal Gar
HOA Fee Include Maintenance Grounds,Street Maint,Front Yard Maint,Maintenance Exterior
Senior Community No
Tax ID 301-80-500
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Horse Property N
Disclosures Seller Discl Avail
Possession Close Of Escrow
Listing Terms Cash, Conventional
Financing Conventional
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Bought with eXp Realty
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