
Tempe, AZ 85282
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $500,000—positioned well below the $509,532 Fair Market Value by 1%. This valuation gap offers $9,532 in Instant Equity. Featuring a Condition Rating of 3, the home offers a Granite Kitchen, synthetic grass, and an extended covered patio. With no HOA and proximity to top-rated schools, this property balances financial stability with lifestyle comfort. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready Tempe home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2329 E CONCORDA Drive Subject | $490,000* List Price | 4 | 3 | 1,850 | $270 | - |
A 2428 E Cairo Drive Sold | $560,000 | 3 | 2 | 1,762 | $318 | 0.3 mi |
B 2531 E HUNTINGTON Drive Sold | $500,000 | 3 | 2 | 1,652 | $303 | 0.7 mi |
C 2639 S BALA Drive Sold | $575,000 | 4 | 2 | 2,103 | $273 | 0.4 mi |
D 2414 S Clark Drive Sold | $374,900 List Price | 2 | 2 | 1,414 | 0.7 mi | |
E 2300 E CONCORDA Drive Active | $499,950 List Price | 4 | 2 | 1,851 | $270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the property shows signs of a 5-15 year old renovation. The kitchen features upgraded granite tile and stainless appliances, and the interior has newer LVP flooring and fresh paint. It is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8477, living area = 1850.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Situated in a highly desirable Tempe neighborhood with no HOA fees, providing homeowners with significant financial savings and freedom from restrictive covenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1850, other record living area = 1450. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the area offers access to high-performing schools, the immediate neighborhood public schools carry lower ratings, which may be a concern for education-focused buyers.
As a 1976 build, the property may possess aging mechanical or structural systems that could require more intensive maintenance compared to newer developments.
Beautifully maintained home in a premier Tempe location. This 4-bedroom, 3-bathroom residence spans 1,850 sq ft of bright, open living space designed for seamless entertaining. The front yard features a mature shade tree, leading into a spacious great room illuminated by abundant natural light, custom interior paint, and a cozy fireplace. The upgraded kitchen is equipped with stainless steel appliances, premium granite tile countertops, a breakfast bar, and ample cabinetry.The primary suite features a dedicated full bathroom and a large walk-in closet. Step outside to a private backyard oasis, complete with an extended covered patio, low-maintenance synthetic grass, a large storage shed, and a built-up slab ready for your custom spa or lounge area. No HOA, top schools, shopping, dining.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 3.4 mi
Grades K-6 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,850 | - |
| Lot Size | 8,477 | - |
| Price | $490.0K | $562.2K |
| Price per sq ft | $265 | $326 |
| Built year | 1976 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 2615 |
Jul 8, 2026
$490,000
$495,000
-1% Price Drop
Initial Listing
Jun 27, 2026
$495,000
$500,000
-1% Price Drop
Initial Listing
Jun 12, 2026
$500,000
Initial Listing