
Tempe, AZ 85283
This Architectural Tempe Residence is a Strong Value Opportunity, listed at $670,000—positioned well below the $700,063 Fair Market Value by 4%. This valuation gap provides $30,063 in Instant Equity. Maintaining a Good Condition Rating, the home features vaulted wood-beam ceilings and a resort-style backyard with a diving pool and outdoor movie space. Located in a no-HOA neighborhood near Kyrene Del Norte School, it offers lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2043 E VAUGHN Street Subject | $670,000* List Price | 3 | 2 | 2,253 | $311 | - |
A 2016 E REDMON Drive Sold | $732,500 | 3 | 2 | 2,523 | $290 | 0.2 mi |
B 2015 E BENDIX Drive Sold | $650,000 | 3 | 2 | 2,086 | $312 | 0.2 mi |
C 2036 E Gemini Drive Sold | $600,000 | 3 | 2 | 2,132 | $281 | 0.4 mi |
D 2032 E PEGASUS Drive Sold | $720,000 | 4 | 2 | 2,132 | $338 | 0.2 mi |
E 2031 E Vaughn Street Pending | $637,000 List Price | 3 | 2 | 2,259 | $282 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant high-end updates, including vaulted wood-beam ceilings and a modern, renovated bathroom with subway tile and a soaking tub. While built in 1979, the home has been well-maintained and partially updated with modern flooring and fixtures. The exterior and resort-style backyard are in great condition, though some elements like the dining area tile appear older, fitting the 'Good' criteria for well-maintained homes with partial updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10707, living area = 2253.
The interior features soaring vaulted ceilings with exposed beams and refined wood-planked detailing, offering a high-end aesthetic and a sense of scale rarely found in standard residential builds.
Situated on a substantial 10,707 sq. ft. lot with no HOA, the property boasts a diving pool, curated lounge areas, and a private outdoor movie screening space, ideal for premium entertaining.
Built in 1979, the residence may require ongoing maintenance or updates to major mechanical systems to align with modern energy efficiency and building standards.
The assigned middle school carries a lower rating (3/10), which may be a significant consideration for families prioritizing top-tier academic performance in their home search.
Set within a well-kept upscale Tempe neighborhood with no HOA, this exceptional residence is positioned on a substantial lot, offering a lifestyle of scale, privacy, and presence. The interior is defined by large rooms and soaring ceilings, highlighted by exposed beam vaulted ceilings & refined wood-planked detailing that elevate the home's architectural appeal. Designed for elevated entertaining, the experience begins in a welcoming front courtyard and flows seamlessly into a resort-style backyard featuring a diving pool, curated lounge areas, and a private outdoor movie screening space. Located just minutes from major freeway corridors with effortless access to ASU, Downtown Phoenix, and Sky Harbor Airport, along with walkable convenience to Trader Joe's, Petco, Tempe's multi-use trails
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,253 | 2,052 | 72% |
| Lot Size | 10,707 | 8,032 | 81% |
| Price | $670.0K | $360.0K | 88% |
| Price per sq ft | $297 | $254 | 71% |
| Built year | 1979 | 1978 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 2104 | 1% |
Apr 6, 2026
$670,000
Initial Listing