204 E FLEET Drive, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
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Tempe, AZ 85283
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $615,000—positioned well below the $632,344 Fair Market Value by 2%. This valuation gap offers $17,344 in Instant Equity. Featuring a Mint Condition Rating with a fully remodeled kitchen, new flooring, and a re-plastered diving pool, this home offers immediate lifestyle value. With Paid-Off Solar Panels and no HOA, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home in a prime Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 204 E FLEET Drive Subject | $615,000* List Price | 4 | 2 | 1,980 | $319 | - |
A 1177 E REDFIELD Road Sold | $530,000 | 3 | 2 | 1,661 | $319 | 0.8 mi |
B 6736 S STANLEY Place Sold | $460,000 | 3 | 2 | 1,396 | $330 | 0.8 mi |
C 6609 S RITA Lane Sold | $590,000 | 3 | 2 | 1,643 | $359 | 0.6 mi |
D 247 E FORDHAM Drive Sold | $449,000 | 3 | 2 | 1,267 | $354 | 0.9 mi |
E 6801 S PALM Drive Active | $510,000 List Price | 3 | 2 | 1,872 | $272 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent top-to-bottom renovation including a modern kitchen with quartz countertops and stainless appliances, fully updated bathrooms, new flooring, and recessed lighting. Major systems and exterior features are also updated, including new windows, a resurfaced pool, and paid-off solar panels, placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8594, living area = 1980.
The property features fully paid-off solar panels, providing significant long-term savings on electricity costs and increasing the home's overall value.
The home is move-in ready with comprehensive updates including a new kitchen with quartz countertops, updated bathrooms, new flooring, and fresh interior/exterior paint.
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which may be a drawback for education-focused families.
Built in 1974, the home may have aging underlying infrastructure or mechanical systems that were not explicitly replaced during the recent cosmetic renovations.
Great opportunity to own your own home in an established south Tempe neighborhood. Beautifully remodeled north/south facing 4-bedroom, 2 bath home on a large corner lot near the golf course with no HOA. This home has been freshly painted inside and out, has all new flooring, light fixtures, recessed lighting throughout, ceiling fans in all the rooms and updated windows and bathrooms with bidets. Primary bedroom now has a walk-in closet, regular closet and double vanity. Kitchen has new cabinets, tile backsplash, stainless steel appliances, and quartz countertops. Oversized laundry room has new washer and dryer, a large pantry, as well as plenty of space to store your belongings. New garage door and opener as well. Backyard boasts a large newly re-plastered diving pool and cool deck, sun shades, plenty of sunbathing areas, and a new gazebo for all your outdoor entertaining. Front yard has been updated with desert, drought resistant plants. Enjoy lower electric bills with the PAID OFF solar panels. Easy access to US-60, 101, and I-10. Located within .5 miles of Kiwanis park and scenic canal paths. Minutes away from Tempe Town Lake, ASU, Mill Avenue's shops and dining. Owner/Agent. Buyer's please do your own due diligence.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,980 | - |
| Lot Size | 8,594 | - |
| Price | $615.0K | $562.2K |
| Price per sq ft | $311 | $326 |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 2615 |
Jul 13, 2026
$615,000
Initial Listing