
Tempe, AZ 85282
This Functional Tempe Townhouse is listed at $299,000, offering a stable entry point into a high-demand market near its $273,375 Fair Market Value. Maintaining a Condition Rating of 4, the home is move-in ready while providing a clear opportunity for value-add cosmetic modernization. The interior features a 3-bedroom layout with durable tile flooring, complemented by a private patio with artificial turf for low-maintenance living. Located within the McClintock High School boundary and minutes from ASU, this property is a strategic acquisition for Owner-Occupants or first-time buyers seeking long-term location value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1204 E DUNBAR Drive Subject | $270,000* List Price | 3 | 2 | 1,200 | $215 | - |
A 5007 S TERRACE Road Active | $285,000 List Price | 3 | 2 | 1,200 | $238 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old and shows signs of being dated. While functional and move-in ready, the presence of popcorn ceilings, older carpeting, and 15-30 year old style cabinetry and tile indicates it has not had a major renovation in over 20 years. It requires cosmetic updates and likely modernization of systems to meet current standards.
The property is ideally situated in a high-demand Tempe neighborhood with excellent proximity to public transit, shopping, and dining, offering great convenience for residents.
With three bedrooms, an indoor laundry room, and a primary suite featuring a walk-in closet, the floor plan is well-designed for practical daily living.
The private backyard features artificial turf and a dedicated storage shed, providing a functional outdoor area without the burden of intensive landscaping maintenance.
Built in 1972, the home may require capital improvements or modern cosmetic updates to compete with newer developments in the area.
The $305 monthly association fee adds a significant recurring cost to the ownership budget, which may be a consideration for price-sensitive buyers.
LOCATION, LOCATION! 3-bedroom unit in Park Premiere Townhouses! Step into inviting living room with a soothing palette and durable tile flooring for easy maintenance. The eat-in kitchen comes with ample wood cabinetry, essential built-in appliances, and double French doors that lead to the backyard for seamless indoor-outdoor living. Indoor laundry room for convenience. The main bedroom includes a private bathroom, and a walk-in closet for an organized wardrobe. Unwind in the backyard, which offers artificial turf and a shed for additional storage. Conveniently located close to bus stops, restaurants, and shopping.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,352.5 | 25% |
| Lot Size | 1,189 | 2,522 | 25% |
| Price | $270.0K | $329.9K | 31% |
| Price per sq ft | $225 | $239 | 44% |
| Built year | 1972 | 1972 | 50% |
| HOA | $305 | $166 | 94% |
| Days on market | 40 | 2222 | 6% |
May 24, 2026
$270,000
$280,000
-4% Price Drop
Initial Listing
May 3, 2026
$280,000
$299,000
-6% Price Drop
Initial Listing
Apr 27, 2026
$299,000
Initial Listing