
Tempe, AZ 85282
This property presents a High-Potential Investment Opportunity with a List Price of $489,000—positioned well below the $468,254 Fair Market Value by -4%. Featuring a Condition Rating of 4, the home offers a solid foundation with a brand-new 2024 HVAC system and energy-efficient windows. While the interior requires cosmetic modernization, the 8,856 sqft corner lot provides significant value-add potential. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1906 E MINTON Drive Subject | $489,000* List Price | 4 | 2 | 1,903 | $246 | - |
A 2072 E DONNER Drive Sold | $431,000 | 4 | 2 | 1,787 | $241 | 0.4 mi |
B 3816 S DORSEY Lane Sold | $490,000 | 4 | 2 | 2,580 | $190 | 0.9 mi |
C 1318 E La Jolla Drive Sold | $452,000 | 3 | 2 | 1,852 | $244 | 0.9 mi |
D 1874 E GENEVA Drive Sold | $548,000 | 3 | 2 | 2,336 | $235 | 0.9 mi |
E 4423 S NEWBERRY Road Sold | $399,900 | 3 | 2 | 1,396 | $286 | 0.9 mi |
F 1904 E GREENWAY Drive Pending | $419,900 List Price | 3 | 2 | 1,662 | $253 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1971 and features a significantly dated kitchen and bathrooms that appear to be over 20-30 years old. While the HVAC system is brand new (2024) and windows/doors have been upgraded, the interior finishes, cabinetry, and fixtures require aesthetic modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8856, living area = 1903.
The property features a brand-new HVAC system installed in 2024, along with new energy-efficient windows and doors, significantly reducing immediate capital expenditure and improving utility efficiency.
Situated on a generous 8,856 sqft corner lot, the home offers enhanced privacy and ample outdoor space, which is a premium attribute for the Continental East subdivision.
Built in 1971, the home may require additional updates to original plumbing, electrical, or cosmetic elements that have not been modernized alongside the recent mechanical upgrades.
There is a discrepancy between the 4-bedroom data field and the 3-bedroom description, which may indicate a non-conforming room or lead to confusion during the appraisal process.
Spacious, corner lot, 3 bedroom, 2 bath home in Tempe. Recent upgrades include all new energy efficient windows, new front door, new sliding patio door, and a newer HVAC system installed in 2024. Spacious floorplan with abundant natural light and generous living areas. Conveniently located near shopping, dining, parks, and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,903 | - |
| Lot Size | 8,856 | - |
| Price | $489.0K | $562.2K |
| Price per sq ft | $257 | $326 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 2615 |
Jul 17, 2026
$489,000
Initial Listing