1881 E CONCORDA Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This Single Family Residence represents a Strong Value Opportunity, listed at $550,000—positioned slightly above the $521,061 Fair Market Value. While not a discount play, the property features a Condition Rating of 3, boasting a Remodeled Kitchen with Granite Countertops and modern flooring. The expansive 9,296 sq. ft. lot with RV Gate and proximity to McClintock High School provides significant utility. This home is a stable, move-in ready asset for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained property in a high-demand Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1881 E CONCORDA Drive Subject | $539,500* List Price | 4 | 2 | 1,744 | $293 | - |
A 1236 E DEL RIO Drive Sold | $562,000 | 4 | 2 | 1,664 | $338 | 0.9 mi |
B 2226 S KACHINA Drive Sold | $500,000 | 3 | 2 | 1,934 | $259 | 0.2 mi |
C 1102 E REDONDO Circle Sold | $495,000 | 3 | 2 | 1,521 | $325 | 0.9 mi |
D 1405 E Campus Drive -- Sold | $537,500 | 4 | 3 | 1,778 | $302 | 0.7 mi |
E 1109 E BISHOP Drive Sold | $432,000 | 3 | 2 | 1,875 | $230 | 0.9 mi |
F 1404 E Bishop Drive Sold | $430,000 | 3 | 2 | 1,260 | $341 | 0.6 mi |
G 2513 S KACHINA Circle Active | $475,000 List Price | 4 | 2 | 1,858 | $256 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1967, the property has undergone significant renovations including a remodeled kitchen with granite countertops and updated bathrooms with new vanities. The interior features modern tile and wood flooring, making it move-in ready and well-maintained, consistent with a 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9296, living area = 1744.
The property is ideally situated near ASU, major freeways, and Tempe Marketplace, making it a highly desirable location for both primary residents and rental investors seeking high demand.
Extensive upgrades including a remodeled kitchen with granite countertops, updated flooring throughout, and renovated bathrooms with double sinks offer a contemporary, move-in-ready experience.
As a 1967 build, the property may possess aging structural or mechanical systems that were not specified as updated, potentially leading to higher long-term maintenance costs compared to newer builds.
Having spent 59 days on the market with a recent price reduction, the listing suggests initial resistance from buyers, which may indicate the need for further price alignment or aggressive marketing.
Updated home in a great Tempe location -close to freeways, schools, ASU campus ,parks, restaurants and shopping -including Tempe marketplace! Many upgrades including modern tile and wood throughout. Remodeled kitchen with upgraded cabinets and granite countertops. Nice primary suite with large closet and remodeled primary bath with new vanity and double sinks. 3 additional bedrooms plus a large remodeled hall bath with double sinks! Large 2 car garage, RV gate and extra parking on the driveway. Huge lot with a large backyard and extended covered patio. This home would be a great primary residence or rental property!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,744 | - |
| Lot Size | 9,296 | - |
| Price | $539.5K | $562.2K |
| Price per sq ft | $309 | $326 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 105 | 2615 |
Jul 15, 2026
$539,500
$539,900
+0% Price Increase
Initial Listing
Jun 23, 2026
$539,900
$550,000
-2% Price Drop
Initial Listing
May 13, 2026
$550,000
$559,900
-2% Price Drop
Initial Listing
Apr 9, 2026
$559,900
Initial Listing