2012 N VAN NESS Avenue, Tempe, AZ 85288, Tempe, 85288 - 4 bed, 2 bath
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Tempe, AZ 85288
This Modernized Ranch-Style Residence is a premier turnkey asset listed at $575,000, aligning precisely with its $575,000 Fair Market Value. Boasting a Condition Rating of 2, the property features a 2024 HVAC system, a Designer Kitchen, and a Private Sparkling Pool. Offered Fully Furnished with a proven Short-Term Rental History and No HOA, it provides immediate cash-flow potential and operational freedom. While the layout is compact, the high-end renovations and outdoor amenities ensure strong market demand. This is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a polished, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2012 N VAN NESS Avenue Subject | $575,000* List Price | 4 | 2 | 1,116 | $515 | - |
A 708 E TAYLOR Street Sold | $431,000 List Price | 3 | 2 | 1,129 | 0.3 mi | |
B 2100 N NORMAL Avenue Active | $599,900 List Price | 4 | 2 | 1,287 | $466 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1962, the property has undergone a comprehensive recent renovation including a new HVAC system (2024), updated kitchen and bathrooms, and modern laminate flooring. The interior is in mint, turnkey condition, fitting the criteria for a renovation completed within the last 5 years.
The property is offered fully furnished with a proven short-term rental history and no HOA, providing an immediate income stream and operational flexibility for investors.
A brand-new AC system installed in 2024, along with modern kitchen and bathroom remodels, ensures reduced near-term maintenance costs and high aesthetic appeal.
The combination of a private sparkling pool and a low-maintenance yard is a significant value-add for the Arizona market, enhancing both lifestyle and rental desirability.
Fitting four bedrooms into just 1,116 square feet suggests very small individual room dimensions, which may feel cramped for long-term residents or families.
The list price reflects a high cost per square foot that may be difficult to justify in appraisal comparisons, despite the extensive renovations and furnishing package.
Charming, modern, and move-in ready! Step into this beautifully remodeled 4-bedroom, 2-bath ranch-style home and instantly feel at home. Featuring new AC (2024), modern designer colors, laminate plank flooring, and updated kitchen and bathrooms, this home blends comfort with contemporary style. Offered fully furnished and turnkey, everything you see is included—perfect for those looking for an immediate move-in, vacation home, or short-term rental investment. The low-maintenance yard and sparkling private pool make this property ideal for entertaining and enjoying Arizona's sunny lifestyle. Located in a desirable area with no HOA, this home offers flexibility for both full-time residents and investors. Previously used as a successful short-term rental, it even has bookings through December if you're interested in continuing that income stream.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,116 | 1,372 | 30% |
| Lot Size | 5,994 | 6,009 | 20% |
| Price | $575.0K | $502.0K | 60% |
| Price per sq ft | $515 | $348 | 80% |
| Built year | 1962 | 1961 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 320 | 1567 | 30% |
Jul 21, 2025
$575,000
Initial Listing