122 E HERMOSA Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Updated Move-In Ready Residence offers a high-quality lifestyle in a prime location, listed at $469,900—aligning exactly with its $469,900 Fair Market Value. Featuring a Move-In Ready Condition Rating, the interior showcases a modernized kitchen with stone countertops, refreshed bathrooms, and wood-look laminate flooring. The property includes a private enclosed backyard with a patio and the significant benefit of No HOA fees, providing both privacy and financial flexibility. Located minutes from ASU and Sky Harbor, it is the perfect sanctuary for Owner-Occupants or first-time buyers seeking a turnkey home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 E HERMOSA Drive Subject | $469,900* List Price | 3 | 2 | 1,522 | $309 | - |
A 434 E CARSON Drive Sold | $515,000 | 3 | 2 | 1,640 | $314 | 0.4 mi |
B 501 E HERMOSA Drive Sold | $539,000 List Price | 3 | 2 | 1,642 | 0.3 mi | |
C 100 E Geneva Drive Sold | $470,000 | 3 | 2 | 1,700 | $276 | 0.5 mi |
D 500 E HERMOSA Drive Sold | $580,000 | 3 | 2 | 1,678 | $346 | 0.3 mi |
E 4706 S GRANDVIEW Avenue Active | $540,000 List Price | 3 | 2 | 1,640 | $329 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant cosmetic updates. It features modern wood-look laminate flooring throughout, refreshed bathrooms, and an updated kitchen with stone countertops and a contemporary tile backsplash. While the home was built in 1963, the interior shows minimal wear and tear with updated light fixtures, ceiling fans, and a modern fireplace surround, meeting the criteria for a well-maintained, updated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8246, living area = 1522.
The property is ideally situated near ASU, Sky Harbor Airport, and major freeways, making it highly attractive for both commuters and potential rental investors.
The absence of a Homeowners Association offers owners greater flexibility with their property and eliminates monthly association costs, increasing overall affordability.
The requirement to assume a solar payment of $185.34 per month may be perceived as a significant long-term financial obligation by some buyers.
Built in 1963, the home may possess aging mechanical or structural systems typical of its era that could require maintenance despite the cosmetic renovations.
No HOA and a prime Tempe location! This updated 3‑bed, 2‑bath home features modern flooring, refreshed bathrooms, and kitchen perfect for daily living or entertaining. A cozy fireplace warms the living area, while inside laundry, a 2‑car garage, and a fully enclosed backyard add privacy and convenience. Just minutes from ASU, Sky Harbor Airport, and the heart of Tempe with quick access to dining and freeways. Move‑in ready with assumable solar at only $185.34/month!
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 | 1,522 | 1,737 | 24% |
| Lot Size | 8,246 | 8,355 | 45% |
| Price | $469.9K | $404.5K | 58% |
| Price per sq ft | $309 | $251 | 72% |
| Built year | 1963 | 1969 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 2155 | 1% |
Jan 19, 2026
$469,900
Initial Listing