2102 E ALAMEDA Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
Loading property details...
Tempe, AZ 85282
This Single Family Residence is a High-Potential Investment Opportunity, listed at $575,000—positioned well above the $552,506 Fair Market Value by 4%. While priced slightly above market, the property features a Condition Rating of 3, bolstered by significant 2026 upgrades including a new roof and water heaters. The expansive 8,577 sqft lot and private courtyard offer unique lifestyle appeal near top-rated schools like McClintock High. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, no-HOA property in Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2102 E ALAMEDA Drive Subject | $575,000* List Price | 4 | 2 | 2,124 | $260 | - |
A 1874 E GENEVA Drive Sold | $548,000 | 3 | 2 | 2,336 | $235 | 0.7 mi |
B 3233 S Lebanon Lane Sold | $559,950 List Price | 3 | 2 | 1,626 | 0.8 mi | |
C 1874 E GENEVA Drive Active | $549,950 List Price | 4 | 2 | 2,336 | $235 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1975 and retains 'original charm' like Saltillo tile and a beehive fireplace, it is exceptionally well-maintained and move-in ready. Significant recent system updates include a new warrantied roof (2026), new water heaters (2026), and fresh paint (2025). The kitchen and bathrooms appear functional and clean, though dated in style, and the recent capital improvements elevate it above the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8577, living area = 2124.
Situated in a coveted Tempe neighborhood with no HOA, the property offers exceptional proximity to ASU, major freeways, and is within walking distance to highly-rated schools, making it ideal for families and investors alike.
The home features a new warrantied roof (2026), fresh interior/exterior paint (2025), and updated water heating systems, providing immediate peace of mind and reducing near-term capital expenditure.
Built in 1975, the home retains original features such as Saltillo tile and a beehive fireplace, which may require additional investment for buyers seeking a more contemporary aesthetic.
The expansive lot, mature trees, and 'lazy river' water feature necessitate ongoing maintenance and higher water consumption, which can be a significant recurring cost in the Arizona climate.
This Santo Tomas 4 BR/ 2 BA Villa/Home is situated on a large corner lot in one of Tempe's most coveted areas and has no HOA! As you step inside the front gate of this extremely private courtyard you will be impressed with the babbling lazy river, large trees and multiple patio areas for relaxing or entertaining. Inside you will find some of the original charm including a vaulted ceiling with exposed beams, spacious living room with a wood-burning beehive fireplace and Saltillo tile in just the right places. The new warrantied roof (2026), fresh paint inside and out (2025), new dedicated water heater (2026) for BA and laundry will give you peace of mind. In the 2 car garage you will notice the beautiful epoxy finish (2026) and a dedicated tankless water heater for the kitchen. this home is walking distance to great schools, close proximity to ASU, minutes to great dining, shopping, entertainment, Historic Mill Avenue, Tempe Town Lake and main freeways (101,202,60) leading to major employers and the entire valley. This home is ideal for anyone looking for themselves, winter visitors, parents of college students and investors.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,124 | - |
| Lot Size | 8,577 | - |
| Price | $575.0K | $562.2K |
| Price per sq ft | $271 | $326 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 2615 |
Jun 25, 2026
$575,000
Initial Listing