1000 E LOYOLA Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This property presents a Strong Value Opportunity with a List Price of $519,500—positioned well below the $563,633 Fair Market Value by 7%. This valuation gap offers $44,133 in Instant Equity for the buyer. Featuring a 4-bedroom, 2-bath ranch-style layout with a granite kitchen and a spacious lot, the home maintains a Condition Rating of 4. While the interior requires modernization, the prime location near ASU makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1000 E LOYOLA Drive Subject | $499,000* List Price | 4 | 2 | 1,664 | $300 | - |
A 1228 E BROADMOR Drive Sold | $595,000 | 3 | 2 | 1,632 | $365 | 0.6 mi |
B 1102 E REDONDO Circle Sold | $495,000 | 3 | 2 | 1,521 | $325 | 0.5 mi |
C 17 E CAIRO Drive Sold | $522,000 | 3 | 2 | 1,676 | $311 | 0.8 mi |
D 3315 S DORSEY Lane Sold | $410,000 | 3 | 2 | 1,832 | $224 | 0.5 mi |
E 2139 S LA ROSA Drive Sold | $478,000 | 3 | 2 | 1,563 | $306 | 0.5 mi |
F 1237 E La Jolla Drive Sold | $505,000 List Price | 3 | 2 | 1,912 | 0.7 mi | |
G 921 E CAMPUS Drive Pending | $475,000 List Price | 4 | 2 | 1,664 | $285 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966 with renovations likely exceeding 15-20 years. While the kitchen features granite countertops and some rooms have updated laminate flooring, the property shows significant dating including popcorn ceilings, basic mid-grade bathroom inserts, and older cabinetry that require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8477, living area = 1664.
Situated just minutes from Arizona State University and Downtown Tempe, this property offers exceptional convenience for students, faculty, and commuters, making it a strong rental or primary residence option.
The absence of a homeowners association provides owners with greater financial flexibility and freedom from restrictive community rules, a highly sought-after feature in the Tempe market.
Built in 1966, the home may require significant updates to aging infrastructure or major systems to meet modern energy efficiency and aesthetic standards.
With four bedrooms configured within 1,664 square feet, individual room dimensions may feel restrictive, potentially limiting furniture layout options for larger families.
Opportunity meets location at 1000 E Loyola Drive. Just minutes from Arizona State University, Downtown Tempe, shopping, dining, entertainment, and major commuter routes, this 4-bedroom, 2-bath single-level home offers comfort and convenience in the heart of Tempe. Inside, the home features a functional ranch-style layout with no interior steps, a bright great room, and a kitchen with granite countertops, pantry storage, and built-in appliances. Situated on a spacious lot, the backyard offers grass and a covered patio, creating a great space for relaxing or enjoying Arizona evenings. Complete with a 2-car garage, owned water softener, security system, and a highly convenient location near ASU, this is a standout Tempe opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,664 | - |
| Lot Size | 8,477 | - |
| Price | $499.0K | $562.2K |
| Price per sq ft | $300 | $326 |
| Built year | 1966 | 0 |
| HOA | $0 | $0 |
| Days on market | 49 | 2615 |
Jun 20, 2026
$499,000
$519,500
-4% Price Drop
Initial Listing
Jun 3, 2026
$519,500
Initial Listing