1314 E VERLEA Circle, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
Loading property details...
Tempe, AZ 85282
This High-Potential Investment Asset represents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $516,250 Fair Market Value by 19%. This significant valuation gap provides $101,250 in Instant Equity for buyers ready to address the Condition Rating of 4. Featuring a large 8,287 sqft lot and no HOA restrictions, the property offers substantial upside through renovation and forced appreciation. Located in a quiet cul-de-sac near Hudson Elementary School, this value-add project is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1314 E VERLEA Circle Subject | $415,000* List Price | 3 | 2 | 1,392 | $371 | - |
A 1514 E VERLEA Drive Sold | $367,000 | 3 | 2 | 1,463 | $251 | 0.1 mi |
B 1102 E REDONDO Circle Sold | $495,000 | 3 | 2 | 1,521 | $325 | 0.3 mi |
C 1964 E WESLEYAN Drive Sold | $432,000 | 3 | 2 | 1,260 | $343 | 0.9 mi |
D 3324 S DORSEY Lane Sold | $485,000 | 3 | 2 | 1,492 | $325 | 0.8 mi |
E 1412 E BROADMOR Drive Pending | $375,000 List Price | 3 | 2 | 1,260 | $298 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, this property is a classic 'fixer-upper' requiring TLC as noted in the listing. While the kitchen features some updated stainless steel appliances, the flat-panel cabinetry shows significant surface wear and the countertops are dated. The interior features popcorn ceilings and older carpeting, while the utility/laundry area shows damaged flooring and unfinished wall sections. The exterior and backyard are largely unlandscaped, reflecting the deferred maintenance mentioned in the property analysis.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8287, living area = 1392.
Situated in a quiet cul-de-sac with no HOA, this property offers enhanced privacy and the freedom to customize the home without the restrictions of a homeowners association.
The floor plan includes a functional 3-bedroom layout complemented by an inviting fireplace and a flexible bonus room, providing ample space for a home office or hobby area.
The property is identified as needing 'TLC,' indicating that buyers should anticipate additional costs for repairs and cosmetic updates to bring the home to modern standards.
Built in 1969, the residence likely requires upgrades to its original systems and finishes to improve energy efficiency and contemporary aesthetic appeal.
Seize the chance to own this charming 3-bedroom, 2-bath residence in a peaceful cul-de-sac! Discover a serene living room w/ a soothing palette & soft carpeting for added comfort. The family room includes an inviting fireplace for relaxing evenings w/ loved ones. Cook delicious meals in the kitchen, equipped w/ flat-panel wood cabinetry, stainless steel appliances, & a peninsula w/ a breakfast bar. The cozy primary bedroom has a private bathroom for an efficient daily routine. You'll also find a versatile bonus room, ready to be customized to fit your lifestyle needs. The backyard offers open patios & abundant space for crafting your dream oasis. No HOA means endless possibilities--apply a bit of TLC & transform this space into a residence that perfectly reflects your style. Make it yours!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.7 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 | 1,392 | 1,737 | 10% |
| Lot Size | 8,287 | 8,355 | 49% |
| Price | $415.0K | $404.5K | 51% |
| Price per sq ft | $298 | $251 | 67% |
| Built year | 1969 | 1969 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 2155 | 1% |
Mar 22, 2026
$415,000
Initial Listing