1621 S MARILYN ANN Drive, Tempe, AZ 85281, Tempe, 85281 - 3 bed, 2 bath
Loading property details...
Tempe, AZ 85281
This Spacious Mid-Century Residence represents a High-Potential Investment Opportunity with a List Price of $569,900—positioned well below the $828,759 Fair Market Value by 31%. This significant valuation gap provides $258,859 in Instant Equity. While maintaining a Fair Condition Rating, the home features a new roof and newer windows, offering structural security near Arizona State University. With an additional office and no HOA, it is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-upside value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1621 S MARILYN ANN Drive Subject | $569,900* List Price | 3 | 2 | 2,010 | $412 | - |
A 1372 W 15TH Street Sold | $449,000 | 5 | 3 | 2,182 | $206 | 0.6 mi |
B 1245 W 9th Street Sold | $480,000 | 3 | 2 | 1,501 | $320 | 0.8 mi |
C 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.1 mi |
D 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.6 mi |
E 517 W 17TH Street Sold | $420,000 | 3 | 2 | 1,260 | $333 | 0.3 mi |
F 504 W 17th Place Active | $459,000 List Price | 4 | 2 | 1,725 | $266 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1960s build that has been well-maintained with key structural updates including a new roof and newer windows. However, the interior elements visible in the images, such as the dark tile flooring and older-style cabinetry, indicate that while the home is functional and move-in ready, it lacks a comprehensive modern renovation. It fits the 'fair' category as an aged home maintained through regular upkeep and occasional updates but showing signs of being stylistically outdated.
Situated just minutes from Arizona State University and the Mill Avenue District, this property offers exceptional access to dining, shopping, and major freeways, making it ideal for commuters and students.
The home features a new roof and newer windows, providing significant value and peace of mind regarding long-term maintenance and energy efficiency.
With an additional office, a separate enclosed utility room/workshop, and no HOA restrictions, the property offers versatile options for remote work, hobbies, or storage.
The assigned public schools for all levels are currently rated 3/10, which may be a significant drawback for families prioritizing high-performing educational districts.
Built in 1960, the property may require ongoing attention to older plumbing or electrical systems typical of mid-century homes that have not undergone a full-scale modern renovation.
Welcome to this beautifully Tempe home offering 3 bedrooms plus an office and 2 full bathrooms - perfect for today's flexible lifestyle. Recent upgrades include a new roof, new interior doors, and newer windows, providing comfort and peace of mind. Ideally located just minutes from Arizona State University, the vibrant Mill Ave District, shopping, dining, and with easy freeway access for effortless commuting. A separate enclosed utility room adds valuable space and can be used for extra storage or a workshop. No HOA. This home checks all the boxes in a prime Tempe location - a true must-see!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.5 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 | 2,010 | 1,552.5 | 90% |
| Lot Size | 7,301 | 7,281 | 50% |
| Price | $569.9K | $266.0K | 90% |
| Price per sq ft | $284 | $186 | 60% |
| Built year | 1960 | 1958 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 2129 | 3% |
Feb 12, 2026
$569,900
Initial Listing