1615 W VILLAGE Way, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Well-Maintained Tempe Townhome is listed at $265,000, representing a stable entry point in a high-demand university corridor. Boasting a Condition Rating of 4, the residence features freshly painted interiors and private front and back patios with French doors. While the $237,078 Fair Market Value reflects a conservative estimate, the property’s prime location near ASU and resort-style amenities—including a pool, spa, and tennis courts—ensures long-term desirability. Served by Tempe High School and Carminati Elementary, the location offers effortless commuting via the 101 and 202 freeways. This turnkey asset is a strategic choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 W VILLAGE Way Subject | $249,000* List Price | 3 | 2 | 1,152 | $182 | - |
A 1639 W VILLAGE Way Sold | $235,000 | 3 | 1 | 1,152 | $204 | 0.0 mi |
B 1706 W VILLAGE Way Sold | $235,000 | 3 | 2 | 1,152 | $204 | 0.1 mi |
C 1024 W MALIBU Drive Active Under Contract | $294,800 List Price | 3 | 2 | 1,092 | $270 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property is well-maintained and move-in ready with fresh paint and updated tile/laminate flooring. However, the kitchen features dated cabinetry and countertops likely over 20 years old, and the exterior shows signs of age consistent with a 50-year-old structure needing modern updates to systems and finishes.
Situated minutes from ASU and major freeways including the 101, 202, and I-10, this property offers exceptional convenience for students, faculty, and commuters.
The subdivision provides high-value amenities including a pool, spa, and tennis and basketball courts, offering a resort-like lifestyle for residents.
The townhome is freshly painted and well-maintained, featuring private front and back patios with French doors that enhance the living space and appeal.
The assigned elementary, middle, and high schools all have a rating of 3, which may be a significant drawback for families prioritizing academic performance.
With three bedrooms but only 1.5 bathrooms, the layout may be less functional for larger households or multiple roommates compared to modern 3-bedroom configurations.
ATTENTION Students, Homeowners, and Investors -- this freshly painted, well-maintained 3-bed, 1.5-bath Tempe townhome offers exceptional convenience and value. Enjoy private front and back patios with French doors, plus a prime location just minutes from ASU. You'll be close to top shopping, dining, entertainment, and major hospitals. Community amenities include a pool, spa, and tennis and basketball courts. With quick access to the 101, 202, and I-10, commuting throughout the Phoenix metro area is effortless.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.8 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 | 1,152 | 1,352.5 | 19% |
| Lot Size | 609 | 2,522 | 25% |
| Price | $249.0K | $329.9K | 31% |
| Price per sq ft | $216 | $239 | 38% |
| Built year | 1974 | 1973 | 50% |
| HOA | $346 | $166 | 94% |
| Days on market | 44 | 2222 | 6% |
May 17, 2026
$249,000
$255,000
-2% Price Drop
Initial Listing
May 13, 2026
$255,000
$265,000
-4% Price Drop
Initial Listing
Apr 24, 2026
$265,000
Initial Listing