1882 E FREMONT Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $699,900—positioned well below the $725,774 Fair Market Value by 3%. This valuation gap offers $25,874 in Instant Equity. With a Condition Rating of 3, the home features solar panels, a private pool, and a flexible floor plan with a separate entrance. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile home near ASU.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1882 E FREMONT Drive Subject | $699,900* List Price | 4 | 2 | 2,653 | $274 | - |
A 1890 E Minton Drive Sold | $569,000 List Price | 4 | 2 | 2,087 | 0.1 mi | |
B 1874 E GENEVA Drive Sold | $548,000 | 3 | 2 | 2,336 | $235 | 0.8 mi |
C 4045 S TAYLOR Drive Active | $749,900 List Price | 4 | 2 | 2,429 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1969 but shows signs of consistent maintenance and recent cosmetic updates. Features brand new carpet, updated laminate flooring, and modern lighting fixtures. The addition of solar panels indicates an update to the home's systems, and the property is presented as move-in ready and functional.
The second bedroom features a separate entrance, providing an ideal setup for a casita, mother-in-law suite, or rental opportunity near ASU.
Solar panels offer significant savings on energy costs, complemented by a large lot featuring a private pool and no HOA restrictions.
With over 2,600 square feet and two distinct living areas, the floor plan offers generous space for both entertaining and multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2653, other record living area = 2574.
Built in 1969, the property may require additional capital improvements beyond the new carpet to modernize core systems and aesthetic finishes.
While the elementary school is well-rated, the designated middle and high schools have lower ratings, which may be a consideration for education-focused buyers.
Welcome to this bright and spacious 4 bed, 2 bath home in the Kiwanis Lakes area of Tempe, set in a great location close to ASU and near shopping and dining. Inside, you will find brand new carpet and a well laid out floor plan with two large living spaces, including a cozy family room and a separate living room, giving you plenty of space to relax or host guests. The home feels open and easy to live in, with each bedroom offering good size and nice natural light, while the primary bedroom gives you a quiet place to rest and recharge. The second bedroom adds great flexibility with its own separate entrance, making it a great option for a casita or mother in law suite for guests or extended family. Step outside to a huge backyard that is perfect for fun and outdoor living, complete with a private pool for warm Arizona days and lots of space to play, garden, or set up a seating area under the open sky. Solar panels help lower energy costs year round, adding extra value and savings. This home brings together comfort, space, and a great Tempe location, making it a wonderful home.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,653 | 1,669 | 94% |
| Lot Size | 9,836 | 8,357 | 77% |
| Price | $699.9K | $185.8K | 94% |
| Price per sq ft | $264 | $112 | 62% |
| Built year | 1969 | 1970 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 2445 | 2% |
Apr 27, 2026
$699,900
Initial Listing