
Tempe, AZ 85283
This Updated Tri-Level Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well below the $722,773 Fair Market Value by 10%. This valuation gap provides $72,773 in Instant Equity. Boasting a Condition Rating of 2, the home features owned solar panels, a resurfaced diving pool, and quartz countertops. Located in a prime Tempe area with no HOA and high walkability, it offers both energy efficiency and lifestyle convenience. This is an ideal acquisition for Owner-Occupants seeking a turnkey home or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1921 E GEMINI Drive Subject | $645,000* List Price | 4 | 4 | 2,360 | $296 | - |
A 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.2 mi | |
B 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.3 mi |
C 2032 E PEGASUS Drive Sold | $720,000 | 4 | 2 | 2,132 | $338 | 0.3 mi |
D 1854 E MAGDALENA Drive Sold | $615,000 List Price | 4 | 2 | 2,076 | 0.3 mi | |
E 1406 E BAYVIEW Drive Sold | $799,000 List Price | 4 | 3 | 2,691 | 1.0 mi | |
F 1845 E JULIE Drive Active | $630,000 List Price | 4 | 3 | 2,212 | $285 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet current quality standards, including fully remodeled bathrooms with modern tile work and rain shower heads, new vanities with quartz countertops, and on-trend laminate flooring throughout. The kitchen is updated with granite countertops and stainless steel appliances. Additionally, the home features significant high-value upgrades such as a newer roof, owned solar panels, and a resurfaced pool, making it move-in ready with no deferred maintenance.
The property features 7.3 kW owned solar panels and a newer roof, offering significant long-term utility savings and reduced maintenance concerns for the buyer.
Extensively renovated with remodeled bathrooms, quartz countertops, on-trend laminate flooring, and fresh paint, providing a move-in-ready experience with contemporary finishes.
Situated in a highly desirable Tempe neighborhood within walking distance to Trader Joe's, this home offers the rare benefit of no HOA fees or restrictive covenants.
The 1973 tri-level architectural style may feel dated to some buyers and presents potential accessibility challenges due to the multiple floor levels and stairs.
While cosmetically updated, the 1973 build date implies that original underlying systems, such as plumbing or electrical, may require future attention compared to newer constructions.
Beautifully updated tri-level home in a prime Tempe location--no HOA and just a short walk to Trader Joe's! This spacious property features 4 bedrooms and 3.5 bathrooms, along with a versatile secondary living area that can serve as a large game room, media space, or home office. Enjoy modern upgrades throughout, including remodeled bathrooms, new vanities with quartz countertops, on -trend laminate flooring, fresh interior and exterior paint. The home also offers a newer roof and energy-efficient living with 7.3 kW owned solar panels. Step outside to your private backyard with large cover patio and a resurfaced diving pool-perfect for relaxing or entertaining. With its unique tri-level layout and unbeatable location, this home combines style, comfort, and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,360 | 2,052 | 76% |
| Lot Size | 8,485 | 8,032 | 55% |
| Price | $645.0K | $360.0K | 87% |
| Price per sq ft | $273 | $254 | 55% |
| Built year | 1973 | 1978 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 2104 | 1% |
Apr 19, 2026
$645,000
$650,000
-1% Price Drop
Initial Listing
Mar 26, 2026
$650,000
Initial Listing