
Tempe, AZ 85281
This Modernized Turnkey Residence is a Strong Value Opportunity, listed at $538,000—positioned well below the $587,267 Fair Market Value by 8%. This valuation gap offers $49,267 in Instant Equity. Boasting an Excellent Condition Rating, the home features a 2024 HVAC system, new roof, and a Granite Kitchen. Its versatile 5-bedroom potential and proximity to ASU and Gililland Middle School ensure high rental demand and lifestyle convenience. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1101 W 10TH Street Subject | $538,000* List Price | 4 | 2 | 1,947 | $289 | - |
A 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.2 mi | |
B 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.6 mi |
C 1372 W 15TH Street Sold | $449,000 | 5 | 3 | 2,182 | $206 | 0.6 mi |
D 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.7 mi |
E 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.5 mi |
F 726 W 19TH Street Active | $600,000 List Price | 4 | 2 | 1,766 | $340 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1961, the property has undergone a comprehensive, high-quality renovation within the last year, meeting the criteria for 'excellent' condition. Major capital improvements include a new roof, new dual-pane Low-E windows, and a brand-new 2024 HVAC system with all-new ductwork. The interior features a completely modernized kitchen with granite countertops and stainless steel appliances, updated bathrooms, and new tile and laminate flooring throughout. The property shows no signs of deferred maintenance and is in full turn-key condition.
Situated in the heart of Tempe near ASU, this property offers exceptional value for both homeowners and investors due to its proximity to the university, Mitchell Park, and local amenities.
The home features significant high-ticket upgrades including a new roof, new dual-pane Low-E windows, and a 2024 AC system with new ductwork, ensuring immediate move-in readiness and reduced maintenance costs.
With four bedrooms plus a versatile bonus room that can serve as a fifth bedroom, along with an RV gate and tandem carport, the layout provides ample space for large families or high-occupancy rental potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1947, other record living area = 1746.
The assigned public schools for all levels (Elementary, Middle, and High) currently hold a rating of 3, which may be a concern for families prioritizing educational performance.
The property features a tandem carport rather than a traditional enclosed garage, which may offer less security and protection from the elements for vehicles.
Ideally located in the heart of Tempe near ASU, this completely remodeled gem is a rare find for homeowners and investors alike. No detail was spared! Enjoy peace of mind with a new roof, new dual pane Low-E windows, newer AC with all new duct work (2024), plus a new mini split. Spacious master suite boasts a cozy sitting area and added R-30 insulation for optimal comfort. Brand new kitchen includes granite counters, S/S appliances, and tile backsplash. Stylish and freshly renovated hall bath. New/updated tile and laminate flooring everywhere. Versatile bonus room includes closet, so it could easily serve as a 5th bedroom. Tandem carport plus RV gate from Alley provides plenty of parking. Walking distance to middle school and Mitchell Park. This turn key home is move in ready!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,947 | 1,548 | 91% |
| Lot Size | 6,586 | 6,651.5 | 45% |
| Price | $538.0K | $0 | 91% |
| Price per sq ft | $276 | $0 | 64% |
| Built year | 1961 | 1959 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 2197 | 5% |
Apr 9, 2026
$538,000
Initial Listing