1204 E COMMODORE Place, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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Tempe, AZ 85283
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $619,900—positioned well below the $639,420 Fair Market Value by 3%. This valuation gap offers $19,520 in Instant Equity. Featuring a modernized interior with a showpiece fireplace and covered patio, the home maintains a Condition Rating of 3. While local schools hold mid-range ratings, the property’s prime Tempe location provides excellent commuter access. This is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1204 E COMMODORE Place Subject | $619,900* List Price | 3 | 2 | 2,424 | $264 | - |
A 5802 S STANLEY Place Sold | $732,000 | 5 | 2 | 2,558 | $286 | 0.4 mi |
B 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.9 mi | |
C 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.7 mi |
D 1204 E STEAMBOAT BEND Drive Active | $649,999 List Price | 5 | 2 | 2,429 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1980, the property has been thoughtfully updated with a modern kitchen, stainless steel appliances, and contemporary flooring. It is described as move-in ready with recent interior improvements and pending exterior paint, placing it in the 5-15 year renovation category.
The home features stylish updates including beamed ceilings, a showpiece fireplace, and a contemporary kitchen with stainless appliances, making it truly move-in ready.
With over 2,400 square feet of living area and a large 9,679 square foot lot, this property offers significant space for both indoor living and outdoor entertaining.
Situated in the well-established 'Lakes' subdivision of Tempe, the property benefits from a prime location with easy access to major freeways, dining, and retail hubs.
The assigned public schools for this address currently hold mid-range ratings (4-5/10), which may be a consideration for education-focused buyers.
Built in 1980, the home may require more frequent long-term maintenance of major systems compared to newer builds, despite the recent aesthetic and interior updates.
Welcome home to this charming 3-bedroom, 2-bathroom residence that has been thoughtfully updated and is truly move-in ready! Featuring beamed ceilings and show piece fireplace in the living room, stunning kitchen with stainless appliances and views to the living room. This home is clean, modern, and built for easy living. Exterior paint is also pending completion upon HOA approval, ensuring great curb appeal is on the way. The open layout flows naturally between living spaces, and the covered patio and fully fenced backyard are perfect for outdoor entertaining. Located in a well-established neighborhood with quick access to major freeways, dining, retail, and more this is a fantastic opportunity that won't last long!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,424 | - |
| Lot Size | 9,679 | - |
| Price | $619.9K | $562.2K |
| Price per sq ft | $256 | $326 |
| Built year | 1980 | 0 |
| HOA | $450 | $0 |
| Days on market | 26 | 2615 |
Jun 26, 2026
$619,900
Initial Listing