
Tempe, AZ 85282
This Versatile Bi-Level Residence is a High-Potential Investment Opportunity, listed at $549,000—positioned well below the $577,758 Fair Market Value by 4%. This valuation gap secures $28,758 in Instant Equity for the buyer. While maintaining a Condition Rating of 4, the home features a functional 4-bedroom layout, a private pool, and a large 9,370 sqft lot near ASU. With no HOA and fiber internet, it offers significant value-add potential through cosmetic modernization. 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 |
|---|---|---|---|---|---|---|
★ 2425 S NEWBERRY Road Subject | $539,000* List Price | 4 | 3 | 1,998 | $277 | - |
A 2704 S TERRACE Road Sold | $630,000 | 5 | 2 | 2,024 | $311 | 0.2 mi |
B 710 E LA JOLLA Drive Sold | $580,052 | 5 | 3 | 2,047 | $283 | 1.0 mi |
C 3315 S DORSEY Lane Sold | $410,000 | 3 | 2 | 1,832 | $224 | 0.7 mi |
D 1874 E GENEVA Drive Sold | $548,000 | 3 | 2 | 2,336 | $235 | 1.0 mi |
E 1102 E REDONDO Circle Sold | $495,000 | 3 | 2 | 1,521 | $325 | 0.2 mi |
F 921 E CAMPUS Drive Pending | $475,000 List Price | 4 | 2 | 1,664 | $285 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is well-maintained but significantly dated. The kitchen features older oak cabinetry, black appliances, and fluorescent light boxes indicative of a 20+ year old renovation. While functional and move-in ready, the interior finishes, including the tile and carpet, 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 = 9370, living area = 1998.
Ideally situated minutes from ASU with easy freeway access and proximity to dining and shopping, offering high appeal for both primary residents and investors.
The property features a large 9,370 sqft lot with a sparkling pool, mature lush landscaping, and ample patio space, providing a secluded retreat perfect for Arizona living.
Built in 1963, the home may require updates to aging systems or structural components to meet modern standards despite its aesthetic appeal.
While the elementary school is well-rated, the assigned middle and high schools carry average ratings, which may be a drawback for education-focused families.
GENEROUS PRICE REDUCTION on this stunning bi-level home in N. Tempe, the perfect blend of livability and location WITH NO HOA! Nestled in a desirable neighborhood just minutes from ASU, this residence is ideally situated. The LUSH LANDSCAPING creates a feeling of SECLUSION and PRIVACY. Stepping inside you'll discover an INVITING FLOORPLAN, spacious living areas, large DUAL PANE WINDOWS inviting in natural light, and TASTEFUL FINISHES. The split-level design provides both FUNCTIONALITY and PRIVACY, with SIZABLE BEDROOMS, EXTRA STORAGE, and VERSATILE SPACES perfect for entertaining, relaxing, or working with COX FIBER INTERNET from home. Outdoors, your PRIVATE BACKYARD OASIS awaits. Enjoy sunny Arizona days by the SPARKLING POOL, surrounded by MATURE LANDSCAPING and AMPLE PATIO SPACE... that is perfect for gatherings or quiet evenings under the stars. With its prime North Tempe location, close to dining, shopping, parks, and easy freeway access, this home delivers the ultimate combination of lifestyle and livability. Make it yours today!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 1,998 | 1,676 | 67% |
| Lot Size | 9,370 | 8,359 | 71% |
| Price | $539.0K | $0 | 78% |
| Price per sq ft | $270 | $0 | 62% |
| Built year | 1963 | 1969 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 2381 | 2% |
May 31, 2026
$539,000
$549,000
-2% Price Drop
Initial Listing
May 1, 2026
$549,000
Initial Listing