1123 E FREMONT Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 3 bath
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Tempe, AZ 85282
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $369,000—positioned well below the $386,132 Fair Market Value by 4%. This valuation gap provides $17,132 in Instant Equity for the buyer. With an Excellent Condition Rating following a 2022 remodel, the home features a modern kitchen and updated finishes. Its central Tempe location offers exceptional connectivity to the I-10 and ASU. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 E FREMONT Drive Subject | $369,000* List Price | 3 | 3 | 1,452 | $266 | - |
A 1627 E LOGAN Drive Sold | $379,000 | 3 | 3 | 1,704 | $222 | 0.5 mi |
B 1732 E BAKER Drive Active | $329,000 List Price | 3 | 3 | 1,656 | $199 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was remodeled in 2022, which is within the 5-year renovation window for an excellent rating. It features a modern kitchen with newer stainless steel appliances, fully updated bathrooms with contemporary finishes, new flooring, and dual-pane windows, making it move-in ready with no immediate maintenance required.
Extensively remodeled in 2022, the property features updated dual-pane windows, flooring, bathrooms, and a contemporary kitchen with newer appliances, ensuring a move-in-ready experience.
Strategically located near major freeways (I-10, US-60, Loop 101) and offering free Orbit bus access to ASU, the home provides exceptional connectivity to Sky Harbor Airport, dining, and entertainment.
The rare three-bedroom, three-bathroom configuration paired with community perks like a pool, expansive greenbelts, and abundant guest parking offers high utility for families or roommates.
Despite the 2022 cosmetic remodel, the original 1972 construction may involve aging underlying systems such as plumbing or electrical that could require future maintenance.
The assigned public schools for this address have modest ratings ranging from 4 to 5, which may be a drawback for buyers prioritizing top-tier educational districts.
Remodeled in 2022. Located in a lovely, centrally situated neighborhood. Features include dual-pane windows, updated doors, flooring, bathrooms, and a modern kitchen with newer appliances. Enjoy expansive greenbelt areas, community pool, and abundant guest parking nearby. Conveniently located just minutes from the I-10, US-60, and Loop 101, providing easy access to Sky Harbor Airport, shopping, dining, & schools. A few blocks from The Majestic Theatre, The Porch, Doc & Eddy's, Starbucks, Brick Road Coffee, and AMF Bowling. Free orbit bus to ASU, downtown Tempe, the Tempe Library, and more.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,452 | - |
| Lot Size | 1,311 | - |
| Price | $369.0K | $315.5K |
| Price per sq ft | $254 | $270 |
| Built year | 1972 | 0 |
| HOA | $215 | $0 |
| Days on market | 34 | 2203 |
Jun 18, 2026
$369,000
Initial Listing