
Tempe, AZ 85281
This Fully Renovated Mid-Century Residence is listed at $449,999, positioned competitively near its $426,578 Fair Market Value. Boasting an Excellent Condition Rating, the home features a New Roof, Fresh Interior/Exterior Paint, and a Remodeled Kitchen with butcher block countertops and brand-new appliances. Its prime location within walking distance to ASU and Mill Avenue ensures high rental desirability and zero HOA restrictions. With existing design plans for a Future ADU, this turnkey property is an exceptional match for Owner-Occupants or Buy-and-Hold Investors seeking a high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1052 W ELNA RAE Street Subject | $449,999* List Price | 3 | 2 | 1,120 | $381 | - |
A 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.8 mi |
B 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.5 mi |
C 517 W 17TH Street Sold | $420,000 | 3 | 2 | 1,260 | $333 | 0.8 mi |
D 1423 W 6TH Street Active | $509,999 List Price | 3 | 2 | 1,260 | $405 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone an extensive recent renovation that meets the criteria for 'excellent' condition. Key upgrades include a brand-new roof, new interior and exterior paint, and a fully refreshed kitchen featuring butcher block countertops and brand-new appliances. Both bathrooms have been completely remodeled with modern finishes. Additionally, the home features new flooring (carpet and Saltillo tile), updated lighting, and new ceiling fans throughout, presenting a turnkey, move-in-ready product with no deferred maintenance.
Situated within walking distance to ASU and Mill Avenue with no HOA, this property offers exceptional convenience for students and professionals while providing easy access to Sky Harbor and Scottsdale.
The home features significant recent upgrades including a new roof, brand new appliances, and fully remodeled kitchen and bathrooms, ensuring a move-in-ready experience with modern finishes.
With a generous lot and existing design plans for a future ADU or primary suite expansion, the property provides excellent value-add opportunities for investors or owners looking to increase square footage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1120, other record living area = 1314.
At just 1,120 square feet for a three-bedroom layout, the interior living areas and bedrooms may feel restrictive for families or those accustomed to larger modern floor plans.
The assigned elementary, middle, and high schools all carry a low rating of 3, which may be a significant drawback for families prioritizing public education quality and long-term resale value.
Set in one of Tempe's most convenient pockets with NO HOA, this home places you walking distance from ASU and close enough to Mill Avenue to actually enjoy it without the hassle of driving and parking. Coffee, restaurants, campus events, and nightlife are all right there when you want them, with easy access to Sky Harbor Airport, Scottsdale, and the rest of Tempe. The home includes upgrades too many to list (however a list of upgrades is available), starting with a new roof and fresh paint inside and out. Step inside and the space feels clean, bright, and ready to go. New ceiling fans and updated lighting add comfort throughout, while the kitchen has been refreshed with butcher block countertops and a tile backsplash that brings warmth and character. Brand new appliances are already in place, so there is nothing left to handle on day one. Both bathrooms have been remodeled with a clean, modern look that feels intentional and well finished. Outside, ample parking in the front and back while fresh landscaping and a new fence give the yard a more finished, usable feel whether it is a quiet night in or having people over. With major updates already done, additional design plans for a future ADU or primary suite with expanded laundry, and a location that makes everyday life easier and more enjoyable, this is a home that stands out for all the right reasons.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,120 | 1,548 | 17% |
| Lot Size | 6,582 | 7,050.5 | 37% |
| Price | $450.0K | $266.0K | 77% |
| Price per sq ft | $402 | $186 | 93% |
| Built year | 1960 | 1958 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 2129 | 3% |
Mar 19, 2026
$449,999
Initial Listing