
Tempe, AZ 85284
This Updated South Tempe Residence is a High-Potential Investment Opportunity, listed at $545,000—positioned well below the $566,964 Fair Market Value by 3%. This valuation gap secures $21,964 in Instant Equity. Boasting a Turnkey Condition Rating, the home features modern laminate flooring, a functional great-room layout, and a private patio. Located in the Kyrene School District near major employers, it balances lifestyle comfort with strong rental demand. This property is a compelling 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 |
|---|---|---|---|---|---|---|
★ 317 W CALLE MONTE VISTA Drive Subject | $545,000* List Price | 3 | 3 | 1,562 | $363 | - |
A 85 W LA VIEVE Lane Sold | $495,000 | 3 | 2 | 1,316 | $376 | 0.4 mi |
B 62 E RANCH Road Sold | $560,000 | 3 | 3 | 2,003 | $280 | 0.4 mi |
C 8859 S GRANDVIEW Drive Active | $559,800 List Price | 3 | 2 | 1,794 | $312 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant cosmetic updates, including new laminate wood-look flooring, fresh neutral paint throughout, and new carpeting in the bedrooms. While the home was built in 1995, the kitchen and bathrooms have been well-maintained and refreshed with painted cabinetry and updated fixtures. Although the kitchen lacks high-end stone countertops and features a mix of appliance finishes, the overall presentation is clean, modern, and requires no immediate renovation.
Situated in a highly sought-after submarket, this property offers exceptional proximity to major employers, ASU, and the Price Road Corridor, ensuring strong demand for both homeowners and investors.
The home is move-in ready with tasteful updates, including neutral paint, durable laminate/tile flooring, and a modern kitchen layout that appeals to contemporary aesthetic preferences.
The open-concept main level maximizes the 1,562 square feet, providing a flexible living and dining space that is ideal for entertaining while keeping the private quarters separate upstairs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1562, other record living area = 1509.
While the Kyrene District is generally well-regarded, the specific assigned middle school currently holds a lower rating (3/10), which may be a concern for education-focused families.
The low-maintenance yard and 5,410 sqft lot are designed for convenience but may feel restrictive for buyers seeking a large private garden or significant space for outdoor recreation.
Beautifully updated and move-in ready, this 3-bedroom home blends modern finishes with a prime South Tempe location near top employers, shopping, and freeway access for effortless everyday living. Step inside to an inviting great-room style main level with plenty of natural light and flexible furniture placement options. Open living and dining area that flows toward the kitchen, perfect for entertaining or casual nights in. Neutral tile/ laminate flooring on the main level (easy to clean and ideal for pets or kids). Tasteful, neutral paint palette that works with a wide range of décor styles. The kitchen is designed for everyday function and social cooking. Peninsula or breakfast-bar style counter with seating, keeping the cook connected to guests. Ample cabinet storage and counter space for meal prep and small appliances. Convenient layout that opens directly to the dining or living area. Upstairs, the private bedroom level separates quiet spaces from the main living areas. Spacious primary suite with walk-in or generous closet and en-suite bath. Two secondary bedrooms that work well for family, guests, or a dedicated office. Additional full bath on the bedroom level plus a powder room on the main level for guests. Enjoy Arizona's outdoor lifestyle in your private, low-maintenance yard. Cozy patio space for grilling, morning coffee, or evening wine. The South Tempe address puts you in the heart of one of the Valley's most convenient, in-demand submarkets. Quick access to Arizona State University, Downtown Tempe, and Tempe Town Lake. Easy commute to major employers in Tempe, Chandler, and the Price Road Corridor. Close to shopping, dining, and everyday services along Ray, Warner, and Elliot. The Kyrene School District is widely regarded as one of the strongest PreK-8 public systems in the East Valley, known for high-performing campuses, specialized programs, and a strong community feel. Homes in this pocket of Tempe have demonstrated strong buyer and renter demand, making this property an attractive primary residence, second home, or long-term rental. If you're looking for a well-located, low-maintenance South Tempe single-family home with a functional 3-bed layout, attached 2-car garage, and excellent freeway access, this property is a compelling option that's ready for its next owner.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,562 | 2,387 | 16% |
| Lot Size | 5,410 | 9,087 | 24% |
| Price | $545.0K | $360.0K | 60% |
| Price per sq ft | $349 | $204 | 86% |
| Built year | 1995 | 1988 | 81% |
| HOA | $195 | $195 | 50% |
| Days on market | 44 | 2854 | 2% |
Mar 9, 2026
$545,000
Initial Listing