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The Condo Mania Team

MLS: 6992909     $351,000
3 Bedrooms with 2 Baths

MLS: 6992909 Condo For Sale
406 E COLGATE DRIVE
TEMPE AZ 85283

MLS:  6992909
Status:  ACTIVE
List Price:  $351,000
Price per SQFT:  $244
Square Footage:  1439

3 Bedrooms
2 Baths
Year Built:  1978
Zip Code:  85283

 

Listing Remarks

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.

Address: 406 E COLGATE DRIVE TEMPE AZ 85283

MLS Logo  ARMLS MICHELLE PERRY of COLDWELL BANKER REALTY

Community: UNIVERSITY ROYAL GARDEN ... Listing 1 of 2
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Condo Mania Agent

Featured Real Estate Agent Angela Covey

Angela Covey

Homesmart
Real Estate Agent
Phone: 602-677-9038

Contact Angela Covey

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Townhouse
LISTING CONTRACT DATE:2026-03-04
BEDROOMS:3
BATHROOMS:2
LIVING AREA SQ FT:1439
LIVING AREA SOURCE:Assessor
YEAR BUILT:1978
TAXES:$1,496
HOA/MGMT CO:University Royal Gar
HOA/MGMT PHONE:480-759-4945
HOA FEES FREQUENCY:Monthly
HOA FEES:$179
HOA INCLUDES:Trash
COMMUNITY FEATURES:Pool
APPLIANCES INCLUDED:Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Electric Range
BUILDER NAME:NA
CONSTRUCTION:Stucco, Wood Siding, Wood Frame, Painted
FLOORING:Carpet, Laminate, Tile
HEATING:Electric
COOLING:Central Air
INTERIOR FEATURES:Eat-in Kitchen, 3/4 Bath Master Bdrm
LOT FEATURES:Grass Front
# GARAGE SPACES:0
# CARPORT SPACES:2
PARKING FEATURES:RV Access/Parking, RV Gate
COMMON WALLS:Two Common Walls
ROOF:Built-Up, Foam, Rolled/Hot Mop
STORIES TOTAL:1
LEGAL DESCRIPTION:LOT 57 UNIVERSITY ROYAL GARDEN HOMES MCR
LISTING AGENT:MICHELLE PERRY
LISTING OFFICE:COLDWELL BANKER REALTY
LISTING CONTACT:602-292-4244

Estimated Monthly Payments

List Price:$351,000
20% Down Payment:$70,200
Loan Amount:$280,800
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$1,775

Estimate does not include taxes, fees, insurance.

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Property Location: 406 E COLGATE DRIVE TEMPE AZ 85283


Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 1 mi

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6968737 $450,000 942 E LAGUNA DRIVE 3 3 1711 PUERTA DEL SOL
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Condo Mania Agent

Featured Real Estate Agent Mary Ann Kren

Mary Ann Kren

Homesmart
Real Estate Agent
Phone: 480-221-4437

Contact Mary Ann Kren

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Community: UNIVERSITY ROYAL GARDEN ... Listing 1 of 2
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Logo ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on inform54. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2026-03-04 10:35:56