
Tempe, AZ 85281
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $495,000—positioned well above the $476,089 Fair Market Value by -3%. Despite the premium, the property features a Condition Rating of 2, boasting a brand-new roof, updated HVAC, and modern quartz kitchen finishes. Situated on a spacious corner lot in a quiet cul-de-sac, it offers significant lifestyle appeal with a private covered patio. This home is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors prioritizing low-maintenance assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1718 S MARILYN ANN Drive Subject | $495,000* List Price | 4 | 2 | 1,386 | $343 | - |
A 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.1 mi |
B 1812 S SHAFER Drive Sold | $456,000 | 3 | 2 | 1,274 | $358 | 0.4 mi |
C 114 E 14TH Street Sold | $515,000 List Price | 4 | 2 | 1,471 | 0.9 mi | |
D 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.2 mi |
E 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.8 mi | |
F 812 W PARKWAY Boulevard Active Under Contract | $485,000 List Price | 3 | 2 | 1,256 | $386 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring a modern kitchen with quartz countertops and shaker cabinets, updated bathrooms, and new flooring throughout. Major systems are in top condition with a new roof and HVAC updates completed in 2026.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8481, living area = 1386.
The property features a brand-new roof, new appliances, and essential HVAC updates as of January 2026, providing the buyer with immediate peace of mind and reduced maintenance costs.
Situated on a spacious corner lot within a quiet cul-de-sac, this home offers a prime Tempe location near downtown and major freeways with the added benefit of no HOA fees.
The assigned elementary, middle, and high schools are all rated 3/10, which may deter families prioritizing education and could impact long-term property appreciation.
With 210 days on the market, the property may be perceived as stagnant, potentially indicating a pricing misalignment or underlying buyer hesitation in the current market.
* NEW APPLIANCES JAN 2026* *NEW ROOF JAN 2026* *FENCE REPAIRS JAN 2026* *HVAC UPDATES (NEW CAPACITOR AND PARTS, NEW BOX AND WHIP)* Home, sweet home! This adorable 4-bedroom gem awaits you in a prime corner lot in a quiet cul-de-sac! Inside, you'll find warm and open living areas perfect for entertaining, featuring wood-look flooring & neutral paint that complements any decor. Whip up your signature dishes in the pristine kitchen, equipped with shaker-style cabinets, tile backsplash, quartz countertops & an island with a breakfast bar. Enjoy outdoor living in the backyard, complete with a covered patio where you can relax after a long day, and plenty of space for entertaining with an easy-maintenance landscape. Great location close to the freeway, close to downtown Tempe.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,386 | - |
| Lot Size | 8,481 | - |
| Price | $495.0K | $562.2K |
| Price per sq ft | $357 | $326 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 234 | 2615 |
Dec 1, 2025
$495,000
Initial Listing