
Tempe, AZ 85288
Analysis of 1061 E SUSAN Lane, Tempe, AZ 85288 is currently available with a list price of $485,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tempe Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1999 (26 years ago) and appears to be maintained in mostly original condition. While it features fresh paint and tile flooring, the bathroom cabinetry and lighting are dated, reflecting the home's construction era. It fits the 'fair' criteria as a home built 25-40 years ago with no major renovations, where components are functional but show signs of being outdated.
Ideally situated on the Tempe/Scottsdale border, this property offers residents convenient access to the amenities of both cities and is within walking distance to the community center.
The interior features a highly desirable great room layout with vaulted ceilings and fresh paint, creating an airy and spacious feel that maximizes the living area.
The kitchen is thoughtfully designed with a center island and a walk-in pantry, providing functional workspace and storage solutions often missing in homes of this square footage.
With a lot size of approximately 3,864 square feet, the outdoor space is relatively small, which may be a drawback for buyers seeking a large backyard or privacy.
At 1,370 square feet for a three-bedroom home, the individual room dimensions may feel tight for families or those requiring dedicated home office space.
Rare opportunity in San Marbeya Manor. Fantastic location at Tempe/Scottsdale border. Great room concept, vaulted ceilings, center island kitchen with walk in pantry, tile floors throughout, freshly painted, sunny south facing backyard. Walking distance to the community center.
No exterior & parking available.
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 | 1,370 | 1,374 | 47% |
| Lot Size | 3,864 | 6,787 | 6% |
| Price | $485.0K | $420.0K | 65% |
| Price per sq ft | $354 | $325 | 71% |
| Built year | 1999 | 1961 | 94% |
| HOA | $125 | $0 | 88% |
| Days on market | 107 | 1985 | 6% |
Jan 5, 2026
$485,000
Initial Listing