1920 E COLGATE Drive, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
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1920 E COLGATE Drive
Tempe, AZ 85283
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,815Sq Ft
7,353Lot Size
Property Price
LIST PRICE$548,000
EST. MARKET VALUE
$548,000
SUMMARY
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $550,000—positioned slightly above the $529,229 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating following a comprehensive, high-end renovation, including a Gourmet Kitchen and Upgraded Bathrooms. With a Large 7,353 sq. ft. Lot and No HOA, this home offers significant lifestyle flexibility near ASU. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location and modern finishes.
Estimated Market Value
$548,000
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1920 E COLGATE Drive Subject | $548,000* List Price | 4 | 2 | 1,815 | $302 | - |
A 2046 E HARVARD Drive Sold | $540,000 | 3 | 2 | 1,600 | $338 | 0.4 mi |
B 2070 E YALE Drive Sold | $440,000 | 3 | 2 | 1,459 | $302 | 0.5 mi |
C 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.5 mi |
D 2176 E Apollo Avenue Sold | $605,000 List Price | 3 | 2 | 1,638 | 0.6 mi | |
E 2023 E CORNELL Drive Sold | $450,000 | 3 | 2 | 1,260 | $357 | 0.4 mi |
F 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.4 mi | |
G 1544 E Driftwood Drive Sold | $515,000 | 3 | 2 | 1,620 | $318 | 0.5 mi |
H 2137 E APOLLO Avenue Pending | $525,000 List Price | 4 | 2 | 1,809 | $290 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1972, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a remodeled gourmet kitchen with quartz countertops, stainless steel appliances, upgraded bathrooms, and modern flooring/fixtures throughout, qualifying it as a mint-condition, turnkey home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7353, living area = 1815.
- Modern Interior Renovations
The property is move-in ready featuring a remodeled gourmet kitchen with quartz countertops, an oversized island, and highly upgraded bathrooms, offering a contemporary aesthetic.
- No HOA
The absence of a Homeowners Association provides homeowners with greater freedom and eliminates monthly fees, a significant advantage for budget-conscious buyers or those with recreational vehicles.
CONSRISKS & DEFICIENCIES
- Vintage Structural Age
Built in 1972, the property may have aging underlying systems such as plumbing or electrical that might not have been fully replaced during the cosmetic updates.
- Lack of Outdoor Amenities
Despite the high-end interior finishes, the listing does not mention a private pool or specific backyard upgrades, which are often expected by buyers in the Arizona market at this price point.
About 1920 E COLGATE Drive
Updated and move-in ready, this 4-bedroom, 2-bath Tempe home offers 1,815 square feet of thoughtfully updated living space with no HOA. The open-concept floor plan features a remodeled gourmet kitchen with quartz countertops, an oversized island, stainless steel appliances, upgraded cabinetry, highly upgraded bathrooms, and tasteful finishes throughout. Enjoy spacious living and dining areas, updated flooring, modern fixtures, and a functional single-level layout. Situated on a 7,353-square-foot lot with a 2-car garage, this home is conveniently located near ASU, shopping, dining, parks, and major freeway access. A rare opportunity to own a beautifully maintained turnkey home in a very convenient and desirable location. New water heater (2026) & sewer line lining (2026).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 7,353 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,815 | 1,773.888 |
| Lot Size | 7,353 | 8,245.105 |
| Price | $548.0K | $529.7K |
| Price per sq ft | $302 | $314 |
| Built year | 1972 | 1972 |
| HOA | $0 | $292 |
| Days on market | 90 | 63 |
Pricing History
Listed for Sale
Aug 26, 2026
$548,000
$560,000
-2% Price Drop
Initial Listing
Price Change
Aug 8, 2026
$560,000
$550,000
+2% Price Increase
Initial Listing
Price Change
Jun 11, 2026
$550,000
Initial Listing