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$399,900
2027 E University Drive 132
Tempe, AZ 85288
MLS# 7047750
2 beds  |  3 baths


Front Door
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Front Door Living Room Living Room Living Room leading to upstairs. Dining area Lower level Kitchen-SS Refrigerator View of Kitchen from Dining/Living Room KItchen Direct access to garage Kitchen 1/2 Bath Downstairs 1/2 Bathroom Downstairs View of lower level from loft Loft opens to living room Loft Primary Bedroom Primary Bedroom Primary Bedroom Primary walk in closet Primary closet Primary Bedroom Bathroom-double vanity, shower, tub and toilet room Bedroom 2 Bedroom 2 Full bathroom upstairs Laundry Full size Laundry-upstairs Back yard Backyard with raised planter. Community Pool and Spa 34 - University Covered seating at Pool Gated Entry 36 - University Community 1000029545 Two car garage with direct entry into home

Property Description
Fall in love with this move-in-ready townhome in a gated community! Enter to find an inviting living & dining room featuring new tile flooring (2024), tall vaulted ceilings, warm paint tones throughout, creating a bright and welcoming atmosphere. Kitchen is equipped with SS appliances, plenty of cabinets, and a two-tier breakfast bar and pantry. Upstairs, you'll discover a cozy loft that provides incredible flexibility as an office, reading nook, or additional lounge zone along with two bedrooms, two full bathrooms & full size laundry. The primary bedroom offers new carpet (June 2026), a private bathroom w/ dual sinks, separate tub & shower and a large walk-in closet. Venture to the back patio where you can enjoy your own private space. Located close to Tempe Marketplace, ASU, Tempe Town

Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $399,900
Status: Active
Current Price: $399,900
List Date: 2026-06-28
Location, Tax & Legal
Unit #: 132
Assessor's Map #: 68
Legal Description (Abbrev): LOT 20 RIO VENTANA TOWNHOMES MCR 055023
Assessor's Parcel #: 262
Tax Municipality: Tempe
Taxes: 1750
House Number: 2027
Compass: E
Street Name: University
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 8527
Country: US
County Code: Maricopa
Assessor Number: 132-68-262
Subdivision: RIO VENTANA TOWNHOMES
Tax Year: 2025
General Property Description
Dwelling Styles: Attached
# of Interior Levels: 2
Full Bathrooms: 2
Half Bathrooms: 1
Approx SQFT: 1300
Price/SqFt: 307.62
Approx Lot SqFt: 1633
Approx Lot Acres: 0.037
Flood Zone: TBD
Horses: N
Builder Name: Del Mar
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: McClintock High School
Community Pool Y/N: Yes
Private Pool Y/N: No
Planned Comm Name: Rio Ventana
Fireplace YN: No
Marketing Name: Gated Community
Dwelling Type: Townhouse
Exterior Stories: 2
# Bedrooms: 2
Total Bathrooms: 3
Year Built: 2002
Legal Info
Range: 4E
Section: 24
Township: 1N
Lot Number: 20
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Metal: 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
HOA Telephone: 480-456-9077
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
Double Vanity: 1
Private Toilet Room: 1
Master Bedroom
Upstairs: 1
Additional Bedroom
Master Bedroom Walk-in Closet: 1
Flooring
Carpet: 1
Tile: 1
Community Features
Community Spa: 1
Gated: 1
Dining Area
Dining in FR: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Laminate Counters: 1
Built-in Microwave: 1
Pantry: 1
Refrigerator: 1
Electric Cooktop: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
Laundry
Washer Included: 1
Dryer Included: 1
Inside: 1
Upstairs Laundry: 1
Basement
Basement Y/N: N
Other Rooms
Loft: 1
Separate Den/Office
Sep Den/Office Y/N: N
Technology
Cable TV Avail: 1
Fencing
Block: 1
Water Source
City Water: 1
Community Pool Features
Fenced: 1
Outdoor: 1
Exterior Features
Patio: 1
Private Street(s): 1
Pvt Yrd(s)/Crtyrd(s): 1
Spa
Private: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 2
Garage Spaces: 2
Parking Features
Direct Access: 1
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
SRP: 1
Existing 1st Loan
VA: 1
Landscaping
Gravel/Stone Front: 1
Desert Front: 1
Services
City Services: 1
Items Updated
Floor Yr Updated: 2026
Unit Style
Two Levels: 1
Contact Info
List Agent Cell Phn2: 480-688-2951
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Exterior Mnt of Unit: 1
Roof Repair: 1
Roof Replacement: 1
Blanket Ins Policy: 1
Front Yard Maint: 1
Assoc Rules/Info
No Visible Truck Trailer RV Boat: 1
Other (See Remarks): 1
Remarks Misc
Cross Street: University & 101 Freeway
Directions: From 101 head West on University Drive to Rio Ventana Community (Gated Entry) on South side of University. Once in complex, park near pool and walk south to unit 132 on right.
Geo Lat: 33.420516
Geo Lon: -111.899322
Property Features
Special Listing Cond: N/A
Building Style: String
Master Bathroom: Full Bth Master Bdrm; Double Vanity; Private Toilet Room
Master Bedroom: Upstairs
Additional Bedroom: Master Bedroom Walk-in Closet
Flooring: Carpet; Tile
Community Pool Features: Fenced; Outdoor
Spa: Private
Community Features: Community Spa; Gated
Dining Area: Dining in FR
Kitchen Features: Electric Oven; Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Laminate Counters
Laundry: Washer Included; Dryer Included; Inside; Upstairs Laundry
Other Rooms: Loft
Interior Features: Vaulted Ceiling(s)
Technology: Cable TV Avail
Exterior Features: Patio; Private Street(s); Pvt Yrd(s)/Crtyrd(s)
Parking Features: Direct Access; Garage Door Opener
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up; Metal
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Landscaping: Gravel/Stone Front; Desert Front
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: Two Levels
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Front Yard Maint
Existing 1st Loan: VA
New Financing: Cash; VA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
Lakes, 202 freeway, and much more. The townhomes is a rare find with all it has to offer.

IDX
Listing Office: HomeSmart

Last Updated: July - 01 - 2026

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