
Tempe, AZ 85283
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $624,900—positioned well below the $642,609 Fair Market Value by 2%. This valuation gap offers $17,709 in Instant Equity. Featuring a Mint Condition Rating, the home includes a sparkling pool, updated kitchen, and a large 10,176 sq. ft. lot backing onto a greenbelt. It provides a high-quality lifestyle near local amenities. This property is an ideal acquisition for Owner-Occupants seeking immediate comfort or first-time buyers prioritizing a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1211 E TODD Drive Subject | $624,900* List Price | 3 | 2 | 1,803 | $356 | - |
A 6818 S TERRACE Road Sold | $500,000 List Price | 3 | 2 | 1,508 | 0.4 mi | |
B 1878 E DRAKE Drive Sold | $510,000 | 3 | 2 | 1,758 | $290 | 0.8 mi |
C 6609 S RITA Lane Active | $590,000 List Price | 3 | 2 | 1,643 | $359 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property has undergone a comprehensive modern renovation likely within the last 5 years. The kitchen features updated two-tone cabinetry, quartz-style counters, and stainless appliances. Bathrooms are fully modernized with contemporary vanities and glass shower enclosures. With fresh interior paint, updated tile flooring, and recessed lighting, the home is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10176, living area = 1803.
The property features a generous 10,176 sq. ft. lot with a private sparkling pool, providing a spacious outdoor retreat that is highly desirable in the Arizona climate.
The home offers a move-in-ready experience with an updated kitchen featuring an island, double living rooms for versatile use, and a recently painted interior.
The assigned elementary and middle schools have relatively low ratings (4/10 and 3/10), which may be a concern for families prioritizing top-tier educational performance.
Built in 1985, the home may require more frequent maintenance or updates to major mechanical systems compared to newer constructions in the same price bracket.
Rare find for this price point!! Been looking to get into this area? Now is your chance! This 3BR/2BA cutie is the home you've been waiting for. It checks all the boxes with the double living rooms, updated kitchen, island, eat in kitchen area, fireplace, sparkling pool, and perfect location. Plenty of cabinets and counter space, recently painted interior. Looking to have a family room as well as a reading room or hobby room? This home has all the space you could need while not feeling overwhelming. And the neighborhood and location are dreamy. Close to everything- the restaurants, shops, groceries and close to the neighborhood park just steps away. This home truly is a gem. If you've been wanting to get into this neighborhood, now is your chance.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.9 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 | 1,803 | 1,971 | 42% |
| Lot Size | 10,176 | 7,924 | 79% |
| Price | $624.9K | $360.0K | 83% |
| Price per sq ft | $347 | $247 | 79% |
| Built year | 1985 | 1978 | 75% |
| HOA | $278 | $0 | 83% |
| Days on market | 23 | 2341 | 2% |
May 14, 2026
$624,900
Initial Listing
Feb 26, 1998
$158,900
Public Record