1335 E SUNBURST Lane, Tempe, AZ 85284, Tempe, 85284 - 4 bed, 3 bath
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Tempe, AZ 85284
This Spacious Split-Level Residence is a Strong Value Opportunity with a List Price of $725,000—positioned well below the $753,198 Fair Market Value by 3%. This valuation gap provides $28,198 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a modernized kitchen, renovated bathrooms, and an entertainment backyard with a built-in BBQ and outdoor fireplace. Located in the Kyrene School District near top-rated schools, this "as-is" property offers immediate upside. It 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 |
|---|---|---|---|---|---|---|
★ 1335 E SUNBURST Lane Subject | $725,000* List Price | 4 | 3 | 2,616 | $288 | - |
A 1978 E CARVER Road Sold | $639,000 | 3 | 2 | 2,387 | $268 | 0.9 mi |
B 8125 S TAYLOR Drive Active Under Contract | $799,000 List Price | 5 | 3 | 2,857 | $280 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986 and sold 'as-is,' the property is move-in ready with significant updates. The kitchen features stainless steel appliances and stone countertops, and the bathrooms have been renovated with modern tile work, glass shower enclosures, and updated vanities. The overall interior quality, including the flooring and recessed lighting, indicates the home has been well-maintained and updated within the last 5 to 15 years.
The property features an impressive backyard setup with a built-in BBQ and a private courtyard with an outdoor fireplace, ideal for hosting and Arizona outdoor living.
With 4 bedrooms, 3 bathrooms, and over 2,600 square feet, the split-level floor plan provides a sizable and functional environment for large families or multi-generational living.
Marketed as an excellent rental prospect with a highly motivated seller, this property offers a significant opportunity for investors to build equity in a quiet Tempe subdivision.
The home is being sold in as-is condition, which suggests that immediate capital may be required for repairs or modernization of its 1986-era features.
While the elementary and high schools are highly rated, the assigned middle school has a lower rating of 3, which may be a consideration for families with school-aged children.
Spacious rare find in quiet subdivision. 4 bedroom/3bath and 2 story provides a sizable and warm family home. Split level floor plan complete with entertainment backyard with built in BBQ with plenty of countertop space. Formal dining room opens to french door courtyard with outdoor fireplace. Excellent investor property with rental potential sold as-is. MAKE AN OFFER AS THE OWNER IS VERY MOTIVATED.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,616 | 2,396.5 | 55% |
| Lot Size | 8,586 | 9,084.5 | 44% |
| Price | $725.0K | $405.0K | 73% |
| Price per sq ft | $277 | $212 | 58% |
| Built year | 1986 | 1988 | 42% |
| HOA | $104 | $187 | 42% |
| Days on market | 9 | 2802 | 2% |
Apr 13, 2026
$725,000
Initial Listing