1732 E HERMOSA Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 2 bath
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Tempe, AZ 85282
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $499,000—positioned well below the $539,338 Fair Market Value by 7%. This valuation gap offers $40,338 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a Granite Kitchen, new 2021 roof, and a private backyard oasis with a pool and patio. This move-in-ready property is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1732 E HERMOSA Drive Subject | $499,000* List Price | 3 | 2 | 1,832 | $294 | - |
A 1952 E Laguna Drive Sold | $373,000 List Price | 3 | 2 | 1,616 | 0.5 mi | |
B 4526 S Terrace Road Sold | $525,000 | 4 | 2 | 1,732 | $303 | 0.8 mi |
C 1237 E La Jolla Drive Sold | $505,000 List Price | 3 | 2 | 1,912 | 0.6 mi | |
D 3324 S DORSEY Lane Sold | $485,000 | 3 | 2 | 1,492 | $325 | 0.6 mi |
E 1712 E MANHATTON Drive Active | $508,975 List Price | 3 | 2 | 1,972 | $258 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1969, the property has undergone significant recent renovations within the last 5 years. Key updates include a modern kitchen with granite countertops and stainless steel appliances, new wide-plank flooring throughout, and a new roof installed in 2021. The home is in mint, move-in-ready condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8355, living area = 1832.
The private backyard features a sparkling pool, covered patio, and outdoor fireplace, providing an ideal space for relaxation and entertainment in the Arizona climate.
A new roof installed in 2021 offers peace of mind and significant cost savings for the next owner, ensuring long-term structural protection and reduced immediate maintenance.
Built in 1969, the property may require ongoing maintenance or updates to older systems, such as plumbing or electrical, that are common in homes of this era.
The sunken living room, while a unique mid-century design element, may be perceived as a dated feature or a potential accessibility concern for some buyers.
Welcome home! This charming single-story home offers the perfect blend of comfort and convenience, ideally located near shopping, dining, parks, golf courses, hiking and biking trails, and easy freeway access. The spacious floor plan features 3 bedrooms, 2 bathrooms, a sunken living room, and a 2-car garage. The well-appointed kitchen showcases granite countertops and a full suite of stainless steel appliances, perfect for both everyday living and entertaining. Step outside to your private backyard retreat featuring a covered patio, sparkling pool, and cozy outdoor fireplace--ideal for relaxing or hosting guests. A new roof was installed in 2021, and furniture may be included, making this move-in-ready home an exceptional opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,832 | - |
| Lot Size | 8,355 | - |
| Price | $499.0K | $562.2K |
| Price per sq ft | $272 | $326 |
| Built year | 1969 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 2615 |
Jun 25, 2026
$499,000
Initial Listing