1152 E Watson Drive, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
Loading property details...
Tempe, AZ 85283
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $669,000—positioned well below the $674,937 Fair Market Value by 0.88%. This valuation gap offers $5,937 in Instant Equity for the buyer. Featuring a gourmet kitchen, faux wood tile flooring, and a revamped backyard with turf, the property maintains a Mint Condition Rating. Its prime Tempe location near ASU and major highways makes it a versatile asset for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1152 E Watson Drive Subject | $649,000* List Price | 4 | 2 | 2,183 | $291 | - |
A 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.9 mi | |
B 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.7 mi |
C 1177 E REDFIELD Road Sold | $530,000 | 3 | 2 | 1,661 | $319 | 0.8 mi |
D 6736 S STANLEY Place Sold | $460,000 | 3 | 2 | 1,396 | $330 | 0.7 mi |
E 5802 S STANLEY Place Sold | $732,000 | 5 | 2 | 2,558 | $286 | 0.2 mi |
F 1893 E VAUGHN Street Sold | $680,000 List Price | 4 | 3 | 2,636 | 0.9 mi | |
G 6609 S RITA Lane Sold | $590,000 | 3 | 2 | 1,643 | $359 | 0.6 mi |
H 1146 E MAGDALENA Drive Pending | $629,000 List Price | 4 | 2 | 2,087 | $301 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern gourmet kitchen with stainless steel appliances, fully updated bathrooms with contemporary vanities and tile work, and new faux wood tile flooring throughout. The interior and exterior show no signs of deferred maintenance, placing it in mint, move-in-ready condition.
The home features stylish updates including faux wood tile flooring, a gourmet kitchen with stainless steel appliances, and a contemporary painted brick fireplace.
Situated in the heart of Tempe with immediate access to the 101 and 60 highways, ASU campus, and local amenities, making it ideal for commuters and students.
The absence of a homeowners association offers residents greater freedom and eliminates monthly fees, significantly increasing its appeal for both primary owners and investors.
Originally built in 1973, the home may require ongoing maintenance or future updates to aging structural systems like plumbing or electrical that aren't explicitly listed as replaced.
At a list price of $669,000, the property sits at a premium price point for its age and square footage within the Tempe Royal Palms subdivision.
Incredible opportunity to own a stylish and updated ranch-style home in the heart of Tempe with NO HOA, close to shopping, restaurants, schools, and quick access to the 101 and 60 highways. The home is thoughtfully designed, with faux wood tile throughout the main living areas, a modern painted brick fireplace in the living room, and a gourmet kitchen with stainless steel appliances and a bar height island for casual dining/seating. The backyard has been completely revamped to be both water-conscious and low-maintenance with a large turf yard surrounded by desert plants, plus a covered patio that's perfect for evening meals or a coffee in the morning. With no HOA and its close proximity to ASU's Tempe campus and other entertainment, this could also be a great option for investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,183 | - |
| Lot Size | 8,233 | - |
| Price | $649.0K | $562.2K |
| Price per sq ft | $297 | $326 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 2615 |
Jul 4, 2026
$649,000
$669,000
-3% Price Drop
Initial Listing
Jun 17, 2026
$669,000
Initial Listing