1421 W 7TH Street, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 3 bath
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Tempe, AZ 85281
This Turnkey Remodeled Residence is listed at $490,000—positioned below the $495,902 Fair Market Value by 1%. This valuation provides $5,902 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a Granite Kitchen, Dual Master Suites, and a private Patio following extensive recent upgrades to the roof, HVAC, and windows. Located minutes from Arizona State University and Downtown Tempe, the property offers a high-demand lifestyle near major employment and entertainment hubs. This move-in-ready home 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 |
|---|---|---|---|---|---|---|
★ 1421 W 7TH Street Subject | $490,000* List Price | 4 | 3 | 1,400 | $354 | - |
A 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.5 mi | |
B 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.5 mi |
C 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 1.0 mi |
D 1542 W 5TH Place Active | $488,999 List Price | 4 | 2 | 1,586 | $308 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone an extensive recent renovation within the last year, meeting the criteria for 'excellent' condition. The interior features a completely updated kitchen with new shaker-style cabinetry and granite countertops, fully renovated bathrooms with contemporary tile work, and new wood-look flooring throughout. Major systems have also been addressed, including a newer roof (5 years), A/C (7 years), and the installation of new windows, ensuring minimal deferred maintenance.
Situated near Arizona State University and Downtown Tempe, this property offers exceptional access to major employment hubs, dining, and entertainment, making it ideal for both residents and investors.
The home features extensive modern upgrades including a remodeled kitchen with granite countertops, renovated bathrooms, and critical system updates like a newer roof, A/C, and windows.
With four bedrooms including two master suites, the layout provides rare versatility for multi-generational families or high-yield rental opportunities in a competitive market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1092.
At 1,400 square feet for a 4-bedroom, 3-bath configuration, the individual living spaces and bedrooms may feel significantly smaller than standard market expectations.
The requirement to install kitchen appliances and a boiler prior to closing may complicate the final walkthrough and delay immediate occupancy for some buyers.
Welcome to this beautifully remodeled 4-bedroom, 3-bath home offering modern upgrades and everyday comfort. Bright open layout with new flooring, fresh finishes, and abundant natural light. Updated kitchen features new cabinetry, granite countertops, and modern fixtures. All bathrooms fully renovated with stylish tile and contemporary design. Major updates include newer roof (approx. 5 yrs) and A/C (approx. 7 yrs), plus new windows and dedicated laundry area. Four spacious bedrooms, including 2 master suites, offer flexible living. Kitchen appliances and boiler to be installed prior to closing. Ideal for families or a great investment opportunity.Downtown Tempe, Arizona State University, and popular Mill Avenue, with easy access to shopping, dining, and entertainment..
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 1,400 | 1,548 | 30% |
| Lot Size | 5,898 | 7,050.5 | 17% |
| Price | $490.0K | $266.0K | 87% |
| Price per sq ft | $350 | $186 | 87% |
| Built year | 1964 | 1958 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 2129 | 3% |
Mar 25, 2026
$490,000
Initial Listing