
Tempe, AZ 85283
This Updated Ground-Floor Condominium is a High-Potential Investment Opportunity, listed at $259,945—positioned well below the $470,091 Fair Market Value by 44%. This significant valuation gap offers $210,146 in Instant Equity. The unit maintains a Good Condition Rating following a 2024 Kitchen Remodel featuring Butcher Block Countertops and stainless appliances. Located near Top-Rated Schools and major commuter loops, the property includes a Screened-In Private Patio and resort-style amenities. 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 |
|---|---|---|---|---|---|---|
★ 1402 E GUADALUPE Road 149 Subject | $259,945* List Price | 2 | 2 | 1,065 | $441 | - |
A 1161 E SANDPIPER Drive 220 Sold | $318,000 | 2 | 2 | 1,151 | $276 | 0.7 mi |
B 1402 E GUADALUPE Road 234 Sold | $264,000 | 2 | 2 | 1,112 | $237 | 0.0 mi |
C 1402 E GUADALUPE Road 234 Sold | $264,000 | 2 | 2 | 1,112 | $237 | 0.0 mi |
D 6820 S Rita -- Sold | $249,900 List Price | 2 | 1 | 924 | 0.7 mi | |
E 1402 E GUADALUPE Road 245 Active | $275,000 List Price | 2 | 2 | 1,112 | $247 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades, including a full kitchen renovation in 2024 with butcher block countertops and stainless steel appliances, and a new water heater (2024). While the building was constructed in 1984, the interior has been well-maintained with updated bathroom vanities and a 2017 HVAC system. It falls into the 'good' category rather than 'excellent' because the renovation is partial (e.g., older carpeting in living areas and standard 1980s architectural features) rather than a total, top-to-bottom modern reconstruction.
The property features a significant 2024 kitchen remodel with butcher block countertops and stainless steel appliances, complemented by a new 2024 water heater and 2017 HVAC system for reduced immediate maintenance costs.
This ground-floor, single-level unit offers a desirable split-bedroom floor plan, providing enhanced privacy and ease of access that appeals to a wide range of buyers from professionals to those with mobility preferences.
Strategically located with quick access to the I-10, US 60, and Loop 101, the property offers an ideal central hub for commuting to major employment centers in Chandler, Scottsdale, and Phoenix.
Constructed in 1984, the complex may face long-term maintenance requirements or potential special assessments common with older multi-family developments, despite the individual unit's recent updates.
The assigned public schools for this address carry modest ratings (ranging from 4 to 5), which may be a drawback for families prioritizing high-performing educational districts.
Live the easy Tempe lifestyle at La Tierra Condos, updated ground-floor condo, security door entrance, one-level living meets resort amenities & convenience. Step inside to your cozy place. Kitchen updated 2024, White cabinets, Customer handles, Butcher Block Countertops and Stainless Steel appliances create an atmosphere ready for your favorite meals to share with friends. Newer bathroom counters & floors. Enjoy your private screened-in patio for morning coffee or as a catio? Pool, spa, gym, BBQs and shaded ramadas. Minutes to Kiwanis Park, the Tempe Canal Path, biking trails and weekend hangs, with great restaurant variety and everyday shopping close by. Quick access to I-10, US 60 and Loop 101 for commutes to Chandler, Scottsdale and Phoenix. HVAC updated in 2017. H2O Heater 2024 This 2 bedroom, 2 bathroom condominium offers 1,065 square feet of functional living space. Ideal for professionals, ASU staff, tech employees commuting to Chandler, Tempe, Phoenix, Mesa or Scottsdale, or buyers seeking low-maintenance living in Tempe AZ. Interior Highlights " Ground floor entry " Single level floor plan " 1,065 square feet " Split bedroom layout " Screened-in private patio " Stainless steel kitchen appliances " White cabinetry " Butcherblock countertops " Updated tile backsplash " Vinyl plank flooring in kitchen and bathrooms " Spacious primary suite " Dedicated dining area " Bright living room with natural light The screened patio extends your living space outdoors, perfect for morning coffee or enjoying Tempe's warm winter evenings. Parking and Financing " Two assigned parking spaces " One covered space " One uncovered space " Conventional financing, Va or cash buyers HOA Information HOA Fee: $262.50 per month HOA covers: " Roof maintenance " Exterior paint " Grounds maintenance " Community pool " Spa " Fitness center " BBQ areas " Ramadas " Covered parking " Asphalt parking lot This creates predictable ownership costs and reduces long-term maintenance responsibilities. Why Buyers Love La Tierra Condominiums in Tempe Arizona La Tierra Condominiums offers a low-maintenance lifestyle in a highly connected South Tempe location. Residents enjoy walkability to neighborhood conveniences and quick access to outdoor recreation. Outdoor Lifestyle Near 1402 E Guadalupe Drive Tempe Arizona is known for its active outdoor culture. Nearby attractions include: " Kiwanis Park featuring a lake, walking paths, recreation center, tennis courts and playgrounds " Tempe Canal Path ideal for biking and jogging " Ken McDonald Golf Course " Papago Park hiking trails " South Mountain hiking and mountain biking For buyers who value wellness, cycling, and fitness, this area supports year-round outdoor activity.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.3 mi
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 | 1,065 | 1,128 | 20% |
| Lot Size | 1,031 | 1,076 | 50% |
| Price | $259.9K | $264.0K | 40% |
| Price per sq ft | $244 | $241 | 50% |
| Built year | 1984 | 1982 | 50% |
| HOA | $262 | $215 | 70% |
| Days on market | 48 | 1339 | 10% |
Mar 5, 2026
$259,945
Initial Listing