
Tempe, AZ 85283
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $577,000—positioned well below the $612,053 Fair Market Value by 5%. This valuation gap offers $35,053 in Instant Equity. Featuring a Mint Condition Rating, the home includes a fully remodeled kitchen, new Trane HVAC, and a diving pebble-tech pool. Its prime Tempe location provides easy access to ASU and major freeways. This property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1971 E PEGASUS Drive Subject | $577,000* List Price | 4 | 2 | 1,953 | $295 | - |
A 1916 E MAGDALENA Drive Sold | $655,000 List Price | 4 | 2 | 2,070 | 0.4 mi | |
B 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.5 mi |
C 1823 E CORNELL Drive Sold | $724,999 | 4 | 2 | 2,360 | $307 | 0.6 mi |
D 1893 E VAUGHN Street Sold | $680,000 List Price | 4 | 3 | 2,636 | 0.3 mi | |
E 2015 E BENDIX Drive Sold | $650,000 | 3 | 2 | 2,086 | $312 | 0.4 mi |
F 2176 E Apollo Avenue Sold | $605,000 List Price | 3 | 2 | 1,638 | 0.6 mi | |
G 1980 E ORION Street Active | $630,000 List Price | 3 | 2 | 1,954 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) including a new roof, new 4-ton Trane HVAC system, and dual-pane windows. The interior is in mint condition with a fully remodeled kitchen featuring quartz countertops and shaker cabinetry, updated bathrooms, and new vinyl plank flooring throughout.
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 = 1953.
The property features extensive high-end updates including quartz countertops, shaker cabinetry, vinyl plank flooring, and fully remodeled bathrooms, providing a move-in-ready experience.
Significant capital improvements have been completed, including a new roof, a new 4-ton Trane AC unit, and dual-pane windows, which enhance energy efficiency and reduce future maintenance costs.
Despite the extensive surface renovations, the 1973 construction may still feature original underlying plumbing or electrical components common to homes of this age.
With 31 days on the market and a recent price adjustment, the property may be facing stiff competition or initial pricing resistance in the current Tempe submarket.
Located in a peaceful pocket of Tempe, this beautifully updated 4-bedroom, 2-bath home offers the perfect blend of modern upgrades, comfort, and convenience. Featuring durable block construction and a high block wall for added backyard privacy, this home has been thoughtfully renovated throughout. Step inside to find newer paint, upgraded baseboards, Venetian bronze hardware, recessed lighting, and new fan/light fixtures throughout. The popcorn ceilings have been removed, and stylish vinyl plank flooring flows seamlessly through the entire home. The spacious living area is highlighted by a cozy wood-burning fireplace, creating the perfect space to relax or entertain. The upgraded kitchen features quartz countertops, newer shaker-style cabinetry, stainless steel appliances, an undermount stainless kitchen sink, and modern finishes designed for both style and functionality. The spacious primary suite includes blackout blinds and private access to the backyard. The remodeled primary bathroom offers double undermount sinks, upgraded mirrors, stainless fixtures, neutral-toned shower tile, and tasteful modern finishes. The secondary bathroom has also been beautifully updated with double undermount sinks, hard surface counters, upgraded mirrors, a new vanity, new toilet, and a tub/shower combination. Enjoy Arizona living in the backyard oasis featuring a diving pebble-tech swimming pool, covered patio, low-maintenance desert landscaping, and a extra storage shed. Additional upgrades include vinyl-frame dual-pane windows throughout, a new roof, new 4-ton Trane air conditioning unit, security closet, utility sink in the garage, electric garage door opener, new garage door, and garage side door. Ideally located minutes from top-rated schools, shopping, dining, and major freeways including the 101 and US-60, with easy access to ASU, Downtown Tempe, and Sky Harbor Airport--this home truly puts everything you need right at your doorstep.
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 | 1,953 | - |
| Lot Size | 8,856 | - |
| Price | $577.0K | $562.2K |
| Price per sq ft | $295 | $326 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 69 | 2615 |
May 14, 2026
$577,000
Initial Listing