1035 E LAGUNA Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 3 bath
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Tempe, AZ 85282
This Mid-Century Townhome is a Strong Value Opportunity, listed at $450,000—positioned well below the $420,214 Fair Market Value by -7%. While the home features a Good Condition Rating with a new 2022 roof, electrical panel, and 2025 solar system, the aesthetic interior offers room for personalization. Located in a quiet cul-de-sac just two miles from ASU, this property balances energy-efficient modern upgrades with a functional layout. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, energy-efficient residence in Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1035 E LAGUNA Drive Subject | $425,000* List Price | 3 | 3 | 1,952 | $211 | - |
A 1627 E LOGAN Drive Sold | $379,000 | 3 | 3 | 1,704 | $222 | 1.0 mi |
B 1609 E MALIBU Drive Active | $370,999 List Price | 3 | 3 | 1,704 | $218 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1970, it features excellent recent capital improvements including a new roof and electric panel (2022) and a new solar system with Tesla inverter (2025). The interior, specifically the kitchen and bathrooms, appears well-maintained and functional but is aesthetically dated with older cabinetry and popcorn ceilings. The combination of brand-new major systems and a move-in-ready interior justifies a 'good' rating.
The property features fully owned solar with a 2025 Tesla inverter, along with a new roof and electrical panel installed in 2022, offering significant long-term utility savings.
Designed by renowned Mid-Century architects Haver, Nunn & Jensen, this home is situated in a quiet cul-de-sac just two miles from ASU and close to major valley freeways.
Ideally positioned directly across from the community pool, the home offers a spacious 1,952 sqft floor plan including a private backyard and a dedicated 10x7 workshop.
With 94 days on the market and a recent price reduction, the property may be experiencing stagnation or challenges in meeting current buyer price expectations.
The association fee of $1,348 is a substantial recurring expense that may impact a buyer's debt-to-income ratio and overall monthly affordability.
Welcome to Puerta Del Sol, one of Tempe's most desirable townhome communities! Designed by famed Mid Century Architects Haver, Nunn & Jensen, tucked into a quiet cul-de-sac and ideally located just two miles from ASU. Save on electric bills with fully owned solar and Tesla inverter (2025). Roof and electric panel replaced in 2022. Close to the library, Pyle Center, history museum, and popular restaurants. Centrally located in the valley with easy access to freeways and the airport. This charming southwestern-style home offers 3 bedrooms and 3 bathrooms. Enjoy a private backyard and a premium location directly across from the community pool. Dual-pane windows enhance comfort in this north-south facing home. A 10x7 workshop with cabinets adds extra flexibility
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,952 | - |
| Lot Size | 4,504 | - |
| Price | $425.0K | $315.5K |
| Price per sq ft | $218 | $270 |
| Built year | 1970 | 0 |
| HOA | $1348 | $0 |
| Days on market | 130 | 2203 |
Jul 3, 2026
$425,000
$440,000
-3% Price Drop
Initial Listing
Jun 23, 2026
$440,000
$450,000
-2% Price Drop
Initial Listing
May 3, 2026
$450,000
$462,000
-3% Price Drop
Initial Listing
Mar 15, 2026
$462,000
Initial Listing