2012 E Cornell Drive, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
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2012 E Cornell Drive
Tempe, AZ 85283
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,572Sq Ft
7,558Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$503,645
5% BelowMARKET VALUE
SUMMARY
This Renovated Single Family Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $503,645 Fair Market Value by 5%. This valuation gap offers $28,645 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a new quartz kitchen, luxury vinyl flooring, and a private pool on a large lot. This turnkey property is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate comfort without renovation stress.
Estimated Market Value
$503,645+$28,645 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2012 E Cornell Drive Subject 4 bd · 2 ba · 1,572 sqft · $320 | $475,000* List Price | 4 | 2 | 1,572 | $320 | - |
A 2046 E HARVARD Drive Sold 3 bd · 2 ba · 1,600 sqft · $338 · 0.3 mi | $540,000 | 3 | 2 | 1,600 | $338 | 0.3 mi |
B 1920 E COLGATE Drive Sold 4 bd · 2 ba · 1,815 sqft · $302 · 0.3 mi | $548,000 | 4 | 2 | 1,815 | $302 | 0.3 mi |
C 2070 E YALE Drive Sold 3 bd · 2 ba · 1,459 sqft · $302 · 0.1 mi | $440,000 | 3 | 2 | 1,459 | $302 | 0.1 mi |
D 2023 E CORNELL Drive Sold 3 bd · 2 ba · 1,260 sqft · $357 · 0.0 mi | $450,000 | 3 | 2 | 1,260 | $357 | 0.0 mi |
E 1830 E TULANE Drive Sold 4 bd · 2 ba · 2,004 sqft · $269 · 0.5 mi | $540,000 | 4 | 2 | 2,004 | $269 | 0.5 mi |
F 1703 E WATSON Drive Sold 4 bd · 2 ba · 2,004 sqft · $259 · 0.8 mi | $520,000 | 4 | 2 | 2,004 | $259 | 0.8 mi |
G 6217 S HAZELTON Lane Sold 4 bd · 2 ba · 1,953 sqft · $256 · 0.7 mi | $500,000 | 4 | 2 | 1,953 | $256 | 0.7 mi |
H 1917 E CORNELL Drive Active 4 bd · 2 ba · 1,625 sqft · $354 · 0.3 mi | $575,000 List Price | 4 | 2 | 1,625 | $354 | 0.3 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 1974, the property has undergone a comprehensive recent renovation (under 5 years) including a brand-new kitchen with quartz countertops and stainless appliances, new luxury vinyl plank flooring, and fresh carpet, placing it in mint, move-in ready condition.
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 = 7558, living area = 1572.
- Move-In Ready Renovations
The property features extensive recent updates including a brand-new kitchen with quartz countertops, stainless steel appliances, and new luxury vinyl flooring, allowing for immediate occupancy without additional work.
- Private Pool & Outdoor Living
The home offers a private swimming pool and a large 7,558 sqft lot with a covered patio, providing significant value and entertainment space at a price point often reserved for homes without these amenities.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1974, the home may have aging infrastructure or original systems behind the cosmetic updates that could require future maintenance or modernization.
- Compact 4-Bedroom Layout
With four bedrooms distributed across 1,572 square feet, individual room sizes or common living areas may feel somewhat constrained compared to more modern, spacious floor plans.
About 2012 E Cornell Drive
Renovated and move-in ready, this South Tempe home offers a pool for less than homes without one. The new kitchen features quartz counters, subway tile backsplash, stainless steel appliances and a peninsula with sink and breakfast bar that keeps everyone connected to the conversation. Be the first to enjoy the feel soft new carpet between your toes, and the fresh look of brand-new luxury vinyl flooring. Make the large yard your go-to gathering place, with a covered patio, separate seating areas and room to relax, play and entertain year-round. The seller's change of plans is your opportunity to skip the renovations and start enjoying a home you're proud to own. Unpack, invite friends and family, and enjoy your home and the pool from day one.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 7,558 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 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,572 | 1,805.798 |
| Lot Size | 7,558 | 8,241.322 |
| Price | $475.0K | $528.2K |
| Price per sq ft | $302 | $306 |
| Built year | 1974 | 1973 |
| HOA | $0 | $297 |
| Days on market | 7 | 66 |
Pricing History
Listed for Sale
Oct 17, 2026
$475,000
Initial Listing