1514 E VERLEA Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Modernized Turnkey Residence is listed at $534,900, positioned near its $493,684 Fair Market Value given the extensive capital improvements. Boasting an Excellent Condition Rating, the home features a fully remodeled kitchen with quartz countertops, modern cabinetry, and new flooring throughout. The recent replacement of the roof, HVAC, and windows provides significant structural security and energy efficiency. Located in a prime Tempe corridor near ASU and the 7/10 rated Hudson Elementary, this no-HOA property is an ideal match for Owner-Occupants or first-time buyers seeking a polished, maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1514 E VERLEA Drive Subject | $519,000* List Price | 3 | 2 | 1,463 | $324 | - |
A 1102 E REDONDO Circle Sold | $495,000 | 3 | 2 | 1,521 | $325 | 0.4 mi |
B 2414 S Clark Drive Sold | $374,900 List Price | 2 | 2 | 1,414 | 0.8 mi | |
C 1233 E BROADMOR Drive Active | $499,000 List Price | 3 | 2 | 1,590 | $314 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1969, the property has undergone an extensive and high-quality renovation within the last few years. The remodel features a completely updated kitchen with quartz countertops and modern cabinetry, fully modernized bathrooms, and new flooring throughout. With the roof, HVAC, and windows also recently replaced, the home meets the criteria for excellent condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7353, living area = 1463.
The property is move-in ready with high-end updates including a fully remodeled kitchen with quartz countertops, updated flooring throughout, and modernized bathrooms with contemporary finishes.
Key high-ticket maintenance items including the roof, windows, and HVAC system have been recently replaced, significantly reducing the risk of immediate capital expenditures for the new owner.
Despite the extensive surface-level remodel, the 1969 construction date suggests that some underlying structural or utility components may still reflect the standards of that era.
The assigned middle and high schools carry average ratings of 5/10, which may be a consideration for families specifically seeking top-tier academic performance in their school district.
Fully remodeled 3-bedroom, 2-bath home located near ASU with convenient access to the US-60, restaurants, Sprouts and Tempe Market Place Shopping. All major items replaced by previous owner, roof, windows and AC. The home features updated flooring throughout, along with a fully remodeled kitchen including new cabinets with slow close hinges and quartz countertops. Both bathrooms have been fully updated with modern finishes, and the exterior and interior have been freshly painted. A move-in ready home in a prime Tempe location with easy access to everything the area has to offer.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.8 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 | 1,463 | 1,655 | 27% |
| Lot Size | 7,353 | 8,355 | 29% |
| Price | $519.0K | $185.8K | 73% |
| Price per sq ft | $355 | $112 | 88% |
| Built year | 1969 | 1970 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 2446 | 2% |
May 20, 2026
$519,000
$525,000
-1% Price Drop
Initial Listing
Apr 26, 2026
$525,000
$534,900
-2% Price Drop
Initial Listing
Mar 19, 2026
$534,900
Initial Listing