
Tempe, AZ 85281
This Versatile Mid-Century Residence is a Strong Value Opportunity, listed at $480,000—positioned well below the $506,486 Fair Market Value by 5%. This valuation gap provides $26,486 in Instant Equity for buyers. Boasting a Condition Rating of 3, the home features owned solar, dual-pane windows, and an oversized 2-car garage on an expansive lot. Located in the heart of Tempe near ASU and Mill Avenue, it offers high rental demand despite lower-rated local schools. This is an ideal acquisition for Owner-Occupants seeking energy savings or Buy-and-Hold Investors targeting the university market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1351 W 10th Street Subject | $480,000* List Price | 3 | 2 | 1,708 | $297 | - |
A 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.9 mi |
B 1100 W 9TH Street Sold | $350,000 List Price | 3 | 2 | 1,600 | 0.4 mi | |
C 1372 W 15TH Street Sold | $449,000 | 5 | 3 | 2,182 | $206 | 0.4 mi |
D 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.2 mi |
E 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.7 mi |
F 1305 W 7TH Place Pending | $499,777 List Price | 4 | 2 | 1,498 | $334 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several significant updates despite its 1959 build date. It features stainless steel kitchen appliances, dual-pane windows, neutral tile flooring throughout main areas, and an owned solar system. While the oak cabinetry and laminate countertops in the kitchen are dated in style, they appear to be in good condition, and the bathrooms have been updated with newer tile work. The home shows minimal wear and tear and functions well as a turnkey residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8668, living area = 1708.
Situated in the heart of Tempe, the property offers exceptional proximity to ASU, Mill Avenue, and major transportation hubs like Sky Harbor Airport and the light rail, making it an ideal rental or primary residence.
The inclusion of an owned solar system, to be paid off at closing, provides significant long-term energy savings and increased property value in the desert climate.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1708, other record living area = 1439.
The assigned public schools for this address currently hold low ratings (3/10), which may be a concern for families prioritizing academic performance in their home search.
Built in 1959, the home may require more frequent maintenance or future capital improvements to aging infrastructure compared to newer builds in the Tempe market.
Heart of Tempe, this location makes everyday living easy -- minutes to ASU, Tempe Town Lake, Mill Ave, Sky Harbor, light rail, and major freeways. Inside, you'll find tile flooring through the main areas, dual pane windows, and thoughtful updates throughout. Functional kitchen with electric range (gas available). Inside laundry, ceiling fans, covered patio, and ideal north/south exposure. Oversized 2 CAR GARAGE with extended driveway for great parking and extra storage. ''Owned solar'' will be paid off at closing offering long-term energy savings. GREAT block fenced backyard! Ideal for primary occupant or GREAT rental opportunity!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 1.3 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 | 1,708 | 1,552.5 | 70% |
| Lot Size | 8,668 | 7,355 | 77% |
| Price | $480.0K | $266.0K | 80% |
| Price per sq ft | $281 | $186 | 60% |
| Built year | 1959 | 1958 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 2129 | 3% |
Feb 18, 2026
$480,000
Initial Listing