1503 E Newport Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Single-Level End-Unit Townhome is listed at $365,000, offering a stable acquisition at its $346,440 Fair Market Value. Boasting a Condition Rating of 4, the interior is move-in ready with a 2024 water heater and new bedroom carpets, complemented by a large enclosed patio and rare three parking spaces. Located near ASU and within the Hudson Elementary and McClintock High School districts, the property combines lifestyle convenience with financial flexibility. Featuring Seller Financing Available, this is a premier opportunity for Owner-Occupants or first-time buyers seeking a turnkey residence with creative lending options.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1503 E Newport Drive Subject | $365,000* List Price | 3 | 2 | 1,510 | $229 | - |
A 1608 E BAKER Drive Sold | $360,000 | 3 | 3 | 1,656 | $217 | 0.8 mi |
B 1724 E BAKER Drive Sold | $357,000 | 3 | 2 | 1,544 | $231 | 0.8 mi |
C 4815 S BIRCH Street Active Under Contract | $335,000 List Price | 3 | 3 | 1,656 | $202 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with recent maintenance updates, including new bedroom carpets, a 2024 water heater, and new bathroom fixtures. However, the 1970s construction retains several outdated features such as tiled kitchen countertops, older maple cabinetry, and a coil-top electric range, which align with the 'Fair' criteria for a functional home that has not undergone a full modern renovation.
Ideally situated near ASU, MCC, and major freeways including the US 60 and 101, making it an excellent choice for students, faculty, or commuters.
The availability of seller financing provides a significant advantage for buyers seeking alternative lending options in a high-interest-rate environment.
As a single-level end unit with three parking spaces and a split floor plan, this property offers more privacy and utility than standard townhome configurations.
While the home features some updates, the 1970s-era tiled countertops and maple cabinetry may require further investment to meet modern aesthetic standards.
The property relies on an enclosed patio rather than a traditional private yard, which may be a drawback for buyers with pets or those seeking green space.
SELLER FINANCING AVAILABLE. Single level, end-unit townhome with 3 parking parking spots (2 covered), storage room and large enclosed patio. Split floor plan includes new carpet in bedrooms, 20'' tile in living areas, kitchen and bathrooms, and ceiling fans throughout. Huge living room and separate dining area with pantry storage closets off the kitchen. Kitchen also includes maple cabinets and tiled countertops. Main suite includes sitting area, tiled vanity, new glass shower doors and new toilet. New water heater installed 2024 and home has dedicated main valve shut-off. Great location close to Sprouts, shopping, ASU, MCC, US 60 & 101.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.6 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 | 1,510 | 1,317.5 | 57% |
| Lot Size | 2,901 | 2,065 | 80% |
| Price | $365.0K | $332.4K | 63% |
| Price per sq ft | $242 | $244 | 50% |
| Built year | 1970 | 1972 | 33% |
| HOA | $240 | $205 | 87% |
| Days on market | 11 | 1662 | 3% |
Apr 11, 2026
$365,000
Initial Listing