
Tempe, AZ 85283
This Spacious Single Family Residence represents a Prime Investment Opportunity, listed at $680,000—positioned well below the $702,351 Fair Market Value by 3%. This valuation gap provides $22,351 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a private Pool. Located in The Lakes Community with access to top-tier amenities, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value in a prime Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1621 E NORTHSHORE Drive Subject | $680,000* List Price | 4 | 3 | 2,905 | $242 | - |
A 1613 E WEATHERVANE Lane Sold | $685,000 | 4 | 3 | 2,670 | $257 | 0.1 mi |
B 943 E Eveningstar Lane Sold | $632,000 | 3 | 2 | 2,363 | $267 | 0.9 mi |
C 6000 S JUNIPER Street Sold | $520,000 | 4 | 2 | 2,136 | $243 | 0.7 mi |
D 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.6 mi |
E 1539 E WESTWIND Way Active | $789,000 List Price | 4 | 3 | 2,670 | $296 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property has undergone significant mid-life renovations (estimated 15-20 years ago) including granite countertops and stainless steel appliances. With new carpet, updated flooring, and a functional, move-in ready interior, it meets the criteria for a well-maintained home despite some dated cabinetry styles.
Located in the prestigious Lakes Community, the property offers access to a robust suite of amenities including pickleball, tennis, volleyball, basketball courts, and a comprehensive workout center.
Priced at $680,000 for 2,905 square feet, this home is positioned well below comparable sales in the area, offering significant square footage for the price point.
The floor plan features three distinct living areas and a large primary suite with a private balcony, providing ample space for large families or flexible home office needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2905, other record living area = 2830.
Built in 1973, the home may require updates to major mechanical systems or infrastructure that are common with properties of this vintage.
With a large 2,905 square foot footprint and an on-site pool, the 6,299 square foot lot offers minimal additional yard space for landscaping or play areas.
Great home in a prime Tempe location within The Lakes Community. 4 Bedroom, 2 1/2 baths, with a pool and new carpet. So much space to spread out with 3 living spaces and a formal dining room on the main level. Kitchen has an island, granite countertops, gas range, wine fridge and Stainless Steel appliances. Primary Suite has it's own balcony, dual vanities, soaking tub and a separate shower. HUGE secondary bedroom upstairs as well! Well below comps with similar square footage. Great community, with Pickleball, tennis courts, pool, spa, volleyball, basketball courts and workout center.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,905 | 1,773.888 |
| Lot Size | 6,299 | 8,245.105 |
| Price | $680.0K | $529.7K |
| Price per sq ft | $234 | $314 |
| Built year | 1973 | 1972 |
| HOA | $405 | $292 |
| Days on market | 21 | 63 |
Aug 19, 2026
$680,000
Initial Listing