
Tempe, AZ 85282
This property presents a Strong Value Opportunity with a List Price of $330,000—positioned well below the $363,173 Fair Market Value by 9%. This valuation gap offers $33,173 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a private pool, no HOA, and a granite kitchen, the home provides a solid foundation for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity through strategic restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2613 W FREMONT Drive Subject | $330,000* List Price | 3 | 2 | 1,258 | $289 | - |
A 2611 W ELLIS Drive Sold | $385,000 | 3 | 2 | 1,463 | $263 | 0.1 mi |
B 4627 S HANNA Drive Active Under Contract | $335,000 List Price | 3 | 2 | 1,258 | $266 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this nearly 50-year-old home is described as needing to be 'restored to its former glory.' While the kitchen has received a partial update with granite countertops and a stainless range (likely 10-15 years ago), the bathrooms remain dated with older vanities and fixtures. The exterior patio and landscaping require significant attention, placing this in the 'Fair' category as a functional but dated property needing various updates and minor repairs.
The property features a private pool and a backyard with a block wall fence and no visible power lines, offering a secluded outdoor oasis in a desirable Tempe location.
The absence of a homeowner association provides owners with greater financial flexibility and freedom from restrictive community rules and monthly fees.
The kitchen already features granite countertops and a stainless steel range, providing a high-value starting point for the home's restoration.
The property is explicitly noted as needing restoration and 'love,' indicating that substantial additional investment will be required to bring it to modern standards.
The assigned public schools for this address have relatively low performance ratings (3 and 4), which may impact long-term resale value for family-oriented buyers.
Here it is, a 3 bedroom 2 bathroom POOL home in Tempe with no HOA for $330,000! This home is waiting for some love and to be restored to its former glory. Inside this home features a large kitchen with granite counters and a stainless steel range. The backyard features a block wall fence and no powerlines, it is an oasis in the making with a beautiful pool plus the there are no visible power lines. Don't think twice about seeing this one yourself.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,258 | 1,648 | 2% |
| Lot Size | 6,817 | 8,355 | 13% |
| Price | $330.0K | $0 | 53% |
| Price per sq ft | $262 | $0 | 60% |
| Built year | 1975 | 1969 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 2383 | 2% |
May 21, 2026
$330,000
Initial Listing