247 E CHILTON Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
Loading property details...
247 E CHILTON Drive
Tempe, AZ 85283
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,840Sq Ft
8,124Lot Size
Property Price
LIST PRICE$495,000
EST. MARKET VALUE
$516,534
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $500,000—positioned well below the $512,912 Fair Market Value by 2%. This valuation gap provides $12,912 in Instant Equity. Featuring a Mint Condition Rating with a renovated quartz kitchen, newer Anderson windows, and no HOA fees, the home offers immediate lifestyle value. While school ratings are moderate, the functional layout and large lot size ensure long-term utility. This property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a move-in-ready asset.
Estimated Market Value
$516,534+$21,534 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 247 E CHILTON Drive Subject 3 bd · 2 ba · 1,840 sqft · $281 | $495,000* List Price | 3 | 2 | 1,840 | $281 | - |
A 6736 S STANLEY Place Sold 3 bd · 2 ba · 1,396 sqft · $330 · 0.9 mi | $460,000 | 3 | 2 | 1,396 | $330 | 0.9 mi |
B 1177 E REDFIELD Road Sold 3 bd · 2 ba · 1,661 sqft · $319 · 0.9 mi | $530,000 | 3 | 2 | 1,661 | $319 | 0.9 mi |
C 1211 E TODD Drive Sold 3 bd · 2 ba · 1,803 sqft · $347 · 0.7 mi | $625,000 | 3 | 2 | 1,803 | $347 | 0.7 mi |
D 6861 S ROOSEVELT Street Sold 4 bd · 3 ba · 1,843 sqft · $260 · 0.9 mi | $480,000 | 4 | 3 | 1,843 | $260 | 0.9 mi |
E 814 E CHILTON Drive Active 3 bd · 2 ba · 2,005 sqft · $289 · 0.3 mi | $579,000 List Price | 3 | 2 | 2,005 | $289 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring a modern kitchen with quartz countertops and newer cabinets, brand new carpet, updated tile flooring, and fresh interior/exterior paint. Key systems and components have been addressed, including a new water heater and newer Anderson windows, making it a mint-condition, move-in-ready home despite its 1977 build date.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8124, living area = 1840.
- Extensive Modern Renovations
The home features significant recent upgrades including a remodeled quartz kitchen, newer Anderson windows, and the removal of popcorn ceilings, offering a turnkey, move-in-ready experience.
- No HOA Fees
With an association fee of $0, homeowners enjoy greater financial freedom and fewer property restrictions compared to many other communities in the Tempe area.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1977, the property may have original underlying systems that could require future maintenance or updates despite the recent aesthetic improvements.
- Moderate School Ratings
The assigned middle school has a lower rating of 3/10, which may be a drawback for families prioritizing high-performing educational districts.
About 247 E CHILTON Drive
Welcome to this beautifully updated 3 bedroom, 2 bath home in a quiet Tempe community. The interior features newer tile flooring, brand new carpet, new baseboards, and smooth ceilings with the popcorn removed. The updated kitchen includes quartz countertops, newer cabinets, and appliances, while both bathrooms have been refreshed. Additional improvements include interior and ext paint, updated fixtures, new blinds, newer Anderson windows, and a new water heater. The inviting living area features a fireplace, while the Arizona room provides flexible space for relaxing, entertaining, or hobbies. Conveniently located near major freeways, shopping, dining, and entertainment, this move-in-ready home offers updated finishes, a functional layout, and easy access to everything Tempe has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 8,124 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Tempe Unified Schools
Kyrene de los Ninos School
Grades PK-5 • 0.9 mi
4/10
Kyrene Middle School
Grades 6-8 • 0.9 mi
3/10
Marcos De Niza High School
Grades 9-12 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,840 | 1,805.798 |
| Lot Size | 8,124 | 8,241.322 |
| Price | $495.0K | $528.2K |
| Price per sq ft | $269 | $306 |
| Built year | 1977 | 1973 |
| HOA | $0 | $297 |
| Days on market | 52 | 66 |
Pricing History
Listed for Sale
Oct 15, 2026
$495,000
$500,000
-1% Price Drop
Initial Listing
Price Change
Sep 2, 2026
$500,000
Initial Listing