2118 E Carson Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This property presents a Strong Value Opportunity with a List Price of $479,000—positioned well below the $451,756 Fair Market Value by -6%. While the home is in Fair Condition Rating, its 10,302 square foot lot and open floor plan provide a solid foundation for modernization. Located in the Tempe School District with proximity to major transit and retail, this asset offers significant potential for value-add renovations. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2118 E Carson Drive Subject | $479,000* List Price | 4 | 2 | 1,764 | $256 | - |
A 2072 E DONNER Drive Sold | $431,000 | 4 | 2 | 1,787 | $241 | 0.3 mi |
B 2531 E HUNTINGTON Drive Sold | $500,000 | 3 | 2 | 1,652 | $303 | 1.0 mi |
C 1874 E GENEVA Drive Sold | $548,000 | 3 | 2 | 2,336 | $235 | 0.9 mi |
D 2115 E GREENWAY Drive Active Under Contract | $475,000 List Price | 3 | 2 | 1,599 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is well-maintained but dated. The kitchen features light wood cabinetry and white appliances consistent with a renovation from 15-25 years ago. While the home is functional and move-in ready with tile flooring throughout, the finishes and likely the core systems are aged and will require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10302, living area = 1764.
The property is ideally situated in a desirable Tempe neighborhood with immediate access to Loop 101 and US 60, and is minutes away from premium retail like Whole Foods and Trader Joe's.
The oversized 10,302 square foot lot provides rare privacy and outdoor space, further enhanced by the absence of HOA fees and restrictive covenants.
Built in 1972, the home may require updates to major systems or structural components to meet modern energy efficiency and building standards.
While functional, the interior finishes may require cosmetic upgrades in the kitchen and bathrooms to compete with fully renovated homes in the area.
This four bedroom, two bathroom 1764 square foot home sits on a large 10,302 square foot lot. The property is in the Tempe School District and provides quick access to Loop 101 and US 60, Whole Foods Market, Trader Joes, Target, and a variety of restaurants and coffee shops. The open floor plan includes skylights that bring natural light into the living space. The family room features a fireplace and a built in entertainment center, and it opens to the kitchen and a large dining area. Tile flooring runs throughout the home for easy maintenance. Ceiling fans with lights are installed in every room. The primary bedroom includes separate his and hers closets. The fenced backyard is large and private, and a full length covered patio, two car garage and NO HOA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,764 | - |
| Lot Size | 10,302 | - |
| Price | $479.0K | $562.2K |
| Price per sq ft | $272 | $326 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 2615 |
Jul 6, 2026
$479,000
Initial Listing