122 E DEL RIO Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Fully Furnished Turn-Key Residence is listed at $635,000, positioned as a premium lifestyle asset with a Mint Condition Rating. While the price sits above the $580,256 Fair Market Value, the valuation reflects the significant value-add of a complete furniture package and comprehensive modern renovations. The interior features a Granite Kitchen, White Cabinetry, and Modern Laminate Floors, complemented by a Private Patio and the financial freedom of No HOA fees. This move-in-ready home is a perfect acquisition for Owner-Occupants or Short-Term Rental Investors seeking immediate utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 E DEL RIO Drive Subject | $635,000* List Price | 3 | 2 | 1,843 | $315 | - |
A 501 E HERMOSA Drive Sold | $539,000 List Price | 3 | 2 | 1,642 | 0.8 mi | |
B 3321 S LA CORTA Drive Sold | $600,000 | 3 | 2 | 1,900 | $316 | 0.5 mi |
C 500 E HERMOSA Drive Sold | $580,000 | 3 | 2 | 1,678 | $346 | 0.7 mi |
D 720 E BROADWAY Lane Pending | $499,900 List Price | 3 | 2 | 1,596 | $313 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1960, the property has undergone a comprehensive recent renovation (likely within the last 5 years). The kitchen features modern white shaker cabinetry, granite countertops, subway tile backsplash, and stainless steel appliances. The interior boasts updated laminate flooring, modern lighting, and tiled showers, meeting the criteria for a mint-condition, turn-key residence.
The property is offered fully furnished and move-in ready, providing an exceptional turn-key opportunity for short-term rental investors or buyers seeking an immediate transition.
Extensive renovations including granite countertops, white cabinetry, and updated tiled showers provide a contemporary aesthetic that appeals to modern buyer tastes.
Situated in a highly desirable Tempe area with no association fees, offering homeowners greater property freedom and lower monthly carrying costs.
Built in 1960, the property may have older underlying mechanical, electrical, or plumbing systems that could require maintenance despite the modern cosmetic upgrades.
With only three bedrooms for over 1,800 square feet, the layout may be less competitive for larger families compared to newer developments that offer more bedrooms in similar square footage.
Location, location, location... and FULLY FURNISHED. Perfect blend of charm with all the details of modern and fresh. Gorgeous Tempe home with 3 bedrooms, 2 baths looking for it's ''forever'' family. Walk into this home and feel it's coziness with living room and family room. Sit back and relax by the fireplace on a cool night and come summertime- enjoy bbq's in your backyard. Upgrades throughout- granite countertops, white cabinetry, tiled showers, modern laminate floors. Great opportunity for a family or an investor looking for turn-key.
No exterior & parking available.
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 | 1,843 | 1,763.5 | 58% |
| Lot Size | 7,322 | 8,335.5 | 19% |
| Price | $635.0K | $412.5K | 89% |
| Price per sq ft | $345 | $252 | 90% |
| Built year | 1960 | 1969 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 2120 | 1% |
Apr 16, 2026
$635,000
Initial Listing