1231 E BLUEBELL Lane, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 2 bath
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Tempe, AZ 85288
This Modernized Park-Front Townhouse is a High-Potential Investment Opportunity, listed at $395,000—positioned well below the $464,019 Fair Market Value by 14%. This valuation gap provides $69,019 in Instant Equity for the incoming buyer. Featuring a Granite Kitchen and Soaring Vaulted Ceilings, the property maintains a Good Condition Rating with significant contemporary updates. Backing directly onto a Forested Greenbelt View with no rear neighbors, it offers rare privacy in a prime Tempe location. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1231 E BLUEBELL Lane Subject | $395,000* List Price | 2 | 2 | 1,384 | $335 | - |
A 1658 N SIERRA VISTA Drive Sold | $430,000 | 2 | 2 | 1,242 | $346 | 0.9 mi |
B 1319 E SUSAN Lane Sold | $399,000 | 2 | 2 | 1,188 | $336 | 0.2 mi |
C 520 E WEBER Drive 34 Sold | $339,900 List Price | 3 | 2 | 1,278 | 0.8 mi | |
D 1533 N OAK Street Sold | $305,000 | 2 | 2 | 1,188 | $257 | 0.3 mi |
E 1270 E CURRY Road Sold | $470,000 | 3 | 3 | 1,835 | $256 | 0.7 mi |
F 1430 N DORSEY Lane Active | $400,000 List Price | 3 | 2 | 1,374 | $291 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates. The kitchen has been renovated with granite countertops, contemporary flat-panel cabinetry, and stainless steel appliances. The interior includes updated wood-look flooring, recessed lighting, and modern ceiling fans. While the structure dates back to 1985, the visible components and finishes have been well-maintained or replaced within a timeframe that aligns with the 'good' condition category, requiring no immediate renovations.
Ideally situated between Tempe and Scottsdale, providing residents with convenient access to premier dining, shopping, and entertainment districts.
The home uniquely backs directly onto a lush green space and park with no rear neighbors, offering a rare level of tranquility and privacy for a townhouse.
Soaring vaulted ceilings combined with an updated kitchen featuring granite countertops create a bright, spacious, and contemporary living environment.
Built in 1985, the property may require upcoming capital expenditures for aging systems such as HVAC, roofing, or plumbing typical of this era.
The two-bedroom configuration may limit appeal for larger families or buyers requiring a dedicated home office without sacrificing guest space.
Ideally located between Tempe and Scottsdale, this beautifully maintained 2-bedroom, 2-bath home offers the perfect blend of comfort and convenience. Soaring vaulted ceilings and an oversized main living area create an open, airy feel filled with natural light. The updated kitchen features granite countertops and ample cabinetry, making it both stylish and functional. Enjoy added privacy and serene views as the home backs directly to a lush green space/park -- no rear neighbors! A rare opportunity in a prime location close to dining, shopping, and entertainment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,384 | 1,188 | 78% |
| Lot Size | 3,019 | 1,590 | 78% |
| Price | $395.0K | $305.0K | 56% |
| Price per sq ft | $285 | $285 | 50% |
| Built year | 1985 | 1984 | 67% |
| HOA | $275 | $275 | 50% |
| Days on market | 55 | 467 | 11% |
Feb 26, 2026
$395,000
Initial Listing