1020 E Redfield Road, Tempe, AZ 85283, Tempe, 85283 - 2 bed, 1 bath
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1020 E Redfield Road
Tempe, AZ 85283
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
924Sq Ft
800Lot Size
Property Price
LIST PRICE$229,000
EST. MARKET VALUE
$262,047
12% BelowMARKET VALUE
SUMMARY
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $229,000—positioned well below the $262,047 Fair Market Value by 12%. This valuation gap offers $33,047 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations including quartz countertops and wood-look tile flooring, this home offers a modern, low-maintenance lifestyle. Located near Kyrene Del Norte School, it provides a perfect balance of financial stability and convenience for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$262,047+$33,047 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 E Redfield Road Subject 2 bd · 1 ba · 924 sqft · $284 | $229,000* List Price | 2 | 1 | 924 | $284 | - |
A 6627 S McAllister Avenue Sold 2 bd · 1 ba · 792 sqft · $309 · 0.4 mi | $245,000 | 2 | 1 | 792 | $309 | 0.4 mi |
B 735 E VAUGHN Drive Sold 2 bd · 2 ba · 912 sqft · $318 · 0.3 mi | $290,000 | 2 | 2 | 912 | $318 | 0.3 mi |
C 1026 E BENDIX Drive Sold 2 bd · 2 ba · 1,020 sqft · $271 · 0.1 mi | $276,000 | 2 | 2 | 1,020 | $271 | 0.1 mi |
D 1006 E REDFIELD Road Active 2 bd · 1 ba · 792 sqft · $322 · 0.0 mi | $255,000 List Price | 2 | 1 | 792 | $322 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a renewed kitchen with quartz countertops and stainless steel appliances, new wood-look tile flooring, fresh neutral paint, and updated fixtures throughout, placing it in mint, move-in condition despite its 1974 build date.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Renovations
The property features extensive updates including new quartz countertops, stainless steel appliances, wood-look tile flooring, and fresh neutral paint, offering a move-in-ready experience.
- Private Outdoor Space & Storage
A rare find for this price point, the unit includes a private front yard for relaxation or BBQ, plus an attached laundry and storage room for added convenience.
- Strong Entry-Level Value
Priced competitively at $229,000 in a desirable Tempe location with a community pool, this home represents an excellent opportunity for first-time buyers or investors.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
With only one shared bathroom serving two bedrooms, the layout may present a challenge for roommates or small families requiring more privacy.
- Compact Living Footprint
At 924 square feet, the interior space is relatively small, which may feel restrictive for those looking for larger common areas or expansive bedrooms.
About 1020 E Redfield Road
Welcome to this BEAUTIFULLY UPDATED townhome in Villas Tempe! A private front yard is just the beginning, where you can relax or enjoy BBQ. It also includes an attached laundry/storage room. The interior boasts clean lines that promote a modern feel! Enhanced by fresh neutral palette, new ceiling fans & light fixtures, tons of natural light, and new wood-look tile flooring in common areas. You'll love the seamlessly flowing living & dining room, perfect for everyday living and entertaining! The renewed kitchen boasts SS appliances, new quartz counters, a walk-in pantry, ample cabinetry, and a breakfast bar. Both carpeted bedrooms are upstairs, along with a shared full bathroom! Assigned parking space for your convenience. Enjoy the nearby Community pool! Excellent location! Owner/Agent.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1974
- Lot Size
- 800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $226 / Month
Neighborhood Insights
Tempe Unified Schools
Kyrene Del Norte School
Grades PK-5 • 0.5 mi
7/10
Kyrene Middle School
Grades 6-8 • 1.1 mi
3/10
Marcos De Niza High School
Grades 9-12 • 0.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 1.0 | 2.0 |
| Square foot | 924 | 1,227.726 |
| Lot Size | 800 | 1,827.597 |
| Price | $229.0K | $324.9K |
| Price per sq ft | $248 | $261 |
| Built year | 1974 | 1980 |
| HOA | $226 | $264 |
| Days on market | 14 | 67 |
Pricing History
Listed for Sale
Oct 10, 2026
$229,000
Initial Listing