1615 N SUNSET Drive, Tempe, AZ 85288, Tempe, 85288 - 3 bed, 2 bath
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Tempe, AZ 85288
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $639,900—positioned well below the $659,173 Fair Market Value by 2%. This valuation gap provides $19,273 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern granite kitchen, new windows, and a private pool. Its strategic location near Old Town Scottsdale ensures high desirability. This property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors prioritizing immediate rental readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 N SUNSET Drive Subject | $639,900* List Price | 3 | 2 | 1,796 | $367 | - |
A 1707 N BRIDALWREATH Street Sold | $535,000 | 4 | 2 | 1,645 | $325 | 0.3 mi |
B 1920 N CAVALIER Drive Sold | $670,000 | 3 | 3 | 1,780 | $376 | 0.3 mi |
C 1425 N GENE Avenue Sold | $554,000 | 3 | 2 | 1,535 | $361 | 0.2 mi |
D 123 E CONTINENTAL Drive Sold | $450,000 | 3 | 2 | 1,344 | $335 | 0.9 mi |
E 1031 E LILAC Drive Active | $659,000 List Price | 4 | 2 | 1,685 | $391 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1962, the property has undergone a high-quality, comprehensive renovation within the last 5 years. The interior features a modern kitchen with granite countertops, stainless steel appliances, and updated cabinetry. The home includes new wood-look tile flooring, recessed lighting, brand new windows, and updated fixtures throughout, presenting in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7597, living area = 1796.
The property is ideally situated minutes from Old Town Scottsdale and major freeways, offering high desirability and convenient access to premier dining and shopping.
The inclusion of brand new windows is a significant value-add that improves insulation and reduces utility costs, which is critical for the Arizona climate.
Built in 1962, the property may have aging underlying systems such as plumbing or electrical that could require future maintenance or modernization.
With a private pool occupying a significant portion of the 7,597 sqft lot, there is limited remaining space for traditional lawn areas or large-scale gardening.
Welcome to this beautifully updated 3-bedroom, 2-bath home in Tempe! Featuring brand NEW WINDOWS and a sparkling private pool, this home offers the perfect blend of comfort, efficiency, and Arizona living. Enjoy bright living spaces, a functional floor plan, and a backyard designed for relaxing or entertaining. Conveniently located just minutes from Old Town Scottsdale, dining, shopping, parks, and freeway access, this home puts you close to everything while still offering a quiet neighborhood feel. A fantastic opportunity to own in an unbeatable location!
No exterior & parking available.
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 | 1,796 | 1,466.5 | 90% |
| Lot Size | 7,597 | 6,020 | 60% |
| Price | $639.9K | $502.0K | 60% |
| Price per sq ft | $356 | $346 | 50% |
| Built year | 1962 | 1961 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 1574 | 10% |
May 21, 2026
$639,900
Initial Listing