
Tempe, AZ 85283
This Single Family Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $579,930 Fair Market Value by -7%. Featuring a Refreshing Pool and Spa, Dual Pane Windows, and Newer HVAC, the property maintains a Condition Rating of 3. While the 1974 build offers solid block construction, it provides a canvas for cosmetic updates to drive future appreciation. This home is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or Buy-and-Hold Investors targeting the high-demand Tempe market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1830 E TULANE Drive Subject | $625,000* List Price | 4 | 2 | 2,004 | $289 | - |
A 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.4 mi |
B 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.4 mi | |
C 2176 E Apollo Avenue Sold | $605,000 List Price | 3 | 2 | 1,638 | 0.8 mi | |
D 5802 S STANLEY Place Sold | $732,000 | 5 | 2 | 2,558 | $286 | 0.8 mi |
E 1859 E YALE Drive Pending | $575,000 List Price | 4 | 2 | 2,004 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1974, the property is well-maintained and move-in ready with significant updates including newer HVAC, dual-pane windows, and updated cabinetry in the laundry area. The interior features clean tile flooring and neutral paint, suggesting a renovation within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8564, living area = 2004.
The property features a newer HVAC system and dual-pane windows, providing essential energy efficiency and significant utility cost savings for the Arizona climate.
The inclusion of both a refreshing pool and a spa on a generous 8,564 sqft lot creates a premium outdoor oasis perfect for relaxation and entertaining.
Built in 1974, the home may have aging infrastructure or original components that could require maintenance or replacement sooner than a more modern build.
While move-in ready, the interior may lack the high-end contemporary finishes expected by buyers looking for a fully modernized luxury renovation at this price point.
Tempe's Optimist Park Neighborhood is a hidden gem in the heart of Tempe. This move-in ready home on Tulane is a 4-bedroom 2-bathroom home with solid block construction, refreshing pool, spa, dual pane windows, and newer HVAC. The kitchen, living space, and yard is ready for your everyday needs and entertaining. The location allows easy access to Loop 101 & US-60.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,004 | 2,004 | 50% |
| Lot Size | 8,564 | 7,924 | 60% |
| Price | $625.0K | $360.0K | 83% |
| Price per sq ft | $312 | $247 | 77% |
| Built year | 1974 | 1978 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 2341 | 2% |
May 22, 2026
$625,000
Initial Listing