2300 E CONCORDA Drive, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This Modernized Single-Story Residence is a Strong Value Opportunity, listed at $520,000—positioned well below the $556,219 Fair Market Value by 6%. This valuation gap provides $36,219 in Instant Equity. Boasting a Condition Rating of 3, the home features a renovated kitchen with stone counters, a diving pool, and RV parking with No HOA. Located near ASU and the top-rated Franklin Elementary (9/10), it offers both lifestyle flexibility and 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 |
|---|---|---|---|---|---|---|
★ 2300 E CONCORDA Drive Subject | $520,000* List Price | 4 | 2 | 1,851 | $300 | - |
A 2327 E PEBBLE BEACH Drive Sold | $520,000 | 4 | 2 | 1,669 | $312 | 0.9 mi |
B 2507 E MALIBU Drive Sold | $520,000 | 4 | 2 | 2,247 | $231 | 0.9 mi |
C 2201 S EVERGREEN Road Sold | $570,000 | 4 | 2 | 1,829 | $312 | 0.1 mi |
D 2201 S EVERGREEN Road Sold | $570,000 | 4 | 2 | 1,829 | $312 | 0.1 mi |
E 1881 E CONCORDA Drive Active | $559,900 List Price | 4 | 2 | 1,744 | $321 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates, including wood-look flooring throughout, stone countertops in the kitchen, and stainless steel appliances. One bathroom has been recently renovated with a contemporary tiled walk-in shower. While the 1977 structure and some kitchen cabinetry reflect the home's age, the overall condition is well-maintained with functional systems and updated cosmetic finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9618, living area = 1851.
Elementary School: Franklin Elementary School (9/10).
The property features a large corner lot with a diving pool, RV gate, and extended parking, all without the restrictions of an HOA, offering rare flexibility for vehicle storage and recreation.
The assigned public schools for this address currently hold low ratings, which may be a significant consideration for families prioritizing immediate access to high-performing academic institutions.
Despite modern cosmetic updates, the 1977 build date suggests potential long-term maintenance requirements typical of older mechanical systems and structural components.
Single-story corner lot home with no HOA, diving pool, RV gate, and extended RV parking. Open great room layout with wood-look flooring and sliding door to backyard. Kitchen with large island, stone counters, wood cabinetry, stainless vent hood and eat-in dining area. Updated bath with tiled walk-in shower and mosaic accent. Backyard features diving pool, concrete pool deck, desert landscaping, and detached storage shed. Long driveway and side yard RV access provide flexible parking and storage. Convenient Tempe location near ASU, Tempe Marketplace, Loop 101 and Loop 202 with access to shopping, dining and commuter routes.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 3.4 mi
Grades K-6 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,851 | 1,763.5 | 58% |
| Lot Size | 9,618 | 8,357 | 74% |
| Price | $520.0K | $404.5K | 64% |
| Price per sq ft | $281 | $251 | 60% |
| Built year | 1977 | 1969 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 2155 | 1% |
Feb 27, 2026
$520,000
Initial Listing