
Tempe, AZ 85283
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $615,000—positioned well below the $636,884 Fair Market Value by 3%. This valuation gap offers $21,884 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a modernized kitchen with quartz countertops, a sparkling pool, and a large 12,053 sqft lot. With no HOA fees, this property balances lifestyle comfort with financial stability, making it 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 |
|---|---|---|---|---|---|---|
★ 1116 E REDFIELD Road Subject | $615,000* List Price | 4 | 2 | 1,859 | $343 | - |
A 6818 S TERRACE Road Sold | $500,000 List Price | 3 | 2 | 1,508 | 0.1 mi | |
B 1409 E BRENTRUP Drive Sold | $529,000 List Price | 4 | 2 | 2,250 | 0.7 mi | |
C 5802 S STANLEY Place Sold | $732,000 | 5 | 2 | 2,558 | $286 | 0.9 mi |
D 6852 S TERRACE Road Pending | $650,000 List Price | 3 | 2 | 1,858 | $350 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1973, the property has undergone a comprehensive recent renovation (likely <5 years) including a modern kitchen with quartz countertops, white cabinets, and stainless steel appliances. Bathrooms are fully remodeled with updated tile work, and the interior features fresh paint and new flooring throughout, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12053, living area = 1859.
The home features a fully updated kitchen with quartz countertops and remodeled bathrooms, offering a contemporary aesthetic and move-in readiness for buyers.
Situated on a generous 12,000+ sqft lot, the resort-style backyard includes a sparkling pool and lush grass, perfect for entertaining and Arizona outdoor living.
While the elementary school is highly rated, the middle and high schools have lower scores, which could be a consideration for families prioritizing local education quality.
Originally built in 1973, the property may require ongoing maintenance or future updates to major systems like plumbing and electrical that are typical for a home of this vintage.
This Updated 4 bed / 2 bath home w/ Sparkling pool is fully equipped! Warm custom paint gray throughout. Formal living room with step down entry, updated den & kitchen with extra storage in buffet. Kitchen has updated quartz countertops, white cabinets and updated appliances. Kitchen is modern and ready for entertaining as it looks into the dining area and family room. Down the hall to the right you will find 3 guest beds with lush carpet that share the remodeled guest bath with updated cabinets and a tiled shower/tub combo. The large primary bed is split from the other beds just off the entry and has a large closet and attached private bath and standing tile shower. Stunning, resort style large backyard features grass w/ sparkling blue pool. Large two car garage.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,859 | - |
| Lot Size | 12,053 | - |
| Price | $615.0K | $562.2K |
| Price per sq ft | $331 | $326 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 22 | 2615 |
Jun 30, 2026
$615,000
Initial Listing