1359 W LARONA Lane, Tempe, AZ 85284, Tempe, 85284 - 3 bed, 2 bath
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Tempe, AZ 85284
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $725,000—positioned well below the $739,869 Fair Market Value by 2%. This valuation gap offers $14,869 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 2025 pool refresh, newer HVAC, and fresh paint. Located near Kyrene de las Manitas School, this property balances lifestyle comfort with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1359 W LARONA Lane Subject | $725,000* List Price | 3 | 2 | 2,252 | $329 | - |
A 1061 W COURTNEY Lane Pending | $669,000 List Price | 4 | 2 | 2,055 | $326 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1994, the property is in move-in ready condition with significant recent capital improvements including a 2025 pool/backyard refresh, newer roof, and newer high-efficiency HVAC system. The interior features fresh paint and updated granite countertops, though the oak cabinetry in the kitchen reflects a more dated style.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9270, living area = 2252.
The property features significant high-value upgrades including a newer roof, a high-efficiency 5-ton variable speed HVAC system, and a comprehensive 2025 pool renovation, offering the buyer long-term maintenance savings.
The large North-South facing lot is optimized for the Arizona climate, featuring a 3-car garage, RV gate, mature fruit trees, and a fully refreshed backyard oasis with new synthetic grass and resurfaced decking.
Despite offering over 2,200 square feet of living space, the home only features 3 bedrooms, which may limit its appeal to larger families or those requiring multiple home offices.
The assigned schools, particularly the high school with a rating of 5, may be perceived as a drawback for education-focused buyers compared to other highly-rated districts in the surrounding area.
This stunning single story house with sparkling pool, 3 car garage and north-south facing lot offers a quiet central location in Sierra Tempe. Boasting a newer roof, newer 5-ton variable speed HVAC & two stage gas furnace & whole-house electronic air cleaner, freshly painted inside and out, no expense has been spared. Boasting a huge lot, extended patio, mature fruit trees, RV gate and wide side yard, N/S facing lot for the best year round shade/sunshine, the backyard oasis was completely refreshed in 2025 with new pebble pool finish, tile, pump, electrical box and pool cleaner, new synthetic grass, resurfaced patio decking, and exterior paint. Quiet neighborhood just doors away from the newly renovated Campbell Park and centrally located minutes to great shopping 4 major freeways.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,252 | - |
| Lot Size | 9,270 | - |
| Price | $725.0K | $562.2K |
| Price per sq ft | $322 | $326 |
| Built year | 1994 | 0 |
| HOA | $180 | $0 |
| Days on market | 5 | 2615 |
Jul 17, 2026
$725,000
Initial Listing