
Tempe, AZ 85282
This Turnkey Renovated Residence is a High-Potential Investment Opportunity, listed at $739,000—positioned well below the $759,347 Fair Market Value by 2%. This valuation gap offers $20,347 in Instant Equity. Featuring a Mint Condition Rating, the home includes a fully remodeled kitchen, luxury vinyl plank flooring, and an oversized cul-de-sac lot with preliminary casita designs. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, move-in ready home with significant future expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3234 S ALLRED Drive Subject | $739,000* List Price | 5 | 2 | 2,333 | $308 | - |
A 2153 E GOLF Avenue Sold | $955,000 | 5 | 2 | 2,439 | $392 | 0.5 mi |
B 2072 E RIVIERA Drive Sold | $650,000 List Price | 4 | 3 | 2,930 | 0.8 mi | |
C 2428 E Cairo Drive Sold | $560,000 | 3 | 2 | 1,762 | $318 | 0.4 mi |
D 3235 S ALLRED Drive Active Under Contract | $775,000 List Price | 6 | 3 | 2,470 | $314 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive top-to-bottom renovation within the last 5 years, featuring a brand-new kitchen with modern cabinetry and stainless appliances, fully remodeled bathrooms, and critical system upgrades including a new roof, new HVAC, and updated electrical. It is in mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12589, living area = 2333.
Elementary School: Franklin at Brimhall Elementary School (9/10).
The property has undergone an extensive top-to-bottom transformation, including a new roof, HVAC, energy-efficient windows, and updated electrical, offering the peace of mind of new construction in an established neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2333, other record living area = 2011.
The assigned public elementary and high schools currently hold lower performance ratings, which may be a primary concern for families prioritizing top-tier educational districts.
Despite having five bedrooms and over 2,300 square feet, the home only offers two bathrooms, which may create logistical challenges for larger households or guests.
BETTER THAN NEW! This extensively renovated Tempe home has been transformed from top to bottom and offers the feel, style, and peace of mind of a brand-new home without the wait of new construction. Nearly every major component has been updated, making this a rare turnkey opportunity in an established neighborhood. Featuring 5 bedrooms and 2 beautifully remodeled bathrooms, this home showcases a completely redesigned interior with modern finishes throughout. The stunning kitchen serves as the centerpiece of the home, featuring all-new cabinetry, a large center island, new countertops, and a full suite of new stainless steel appliances. Enjoy the confidence that comes with major capital improvements already completed, including a new roof, new HVAC system, new energy-efficient windows new interior and exterior doors, updated electrical improvements, new luxury vinyl plank flooring, new baseboards, new lighting, and new ceiling fans throughout. Both bathrooms have been fully renovated with new vanities, mirrors, fixtures, and contemporary finishes. Every room reflects the quality and attention to detail expected in a new home. Situated on an oversized cul-de-sac lot, the property offers exceptional future potential. There is ample room to add both a pool and detached casita, creating the ultimate multigenerational residence, guest retreat, or income-producing opportunity. Preliminary design work has already been completed, providing a valuable head start for future expansion. Few Tempe properties offer this combination of a fully renovated home today and the flexibility to significantly increase value tomorrow. The exterior has been refreshed with new landscaping and a drip irrigation system, creating beautiful curb appeal and low-maintenance outdoor living. The expansive backyard provides endless possibilities for entertaining, recreation, RV parking, additional structures, or creating your own private resort-style oasis. Located in the heart of Tempe, just minutes from ASU, Tempe Marketplace, shopping, dining, major employers, and freeway access, this home combines the charm of an established neighborhood with the benefits of modern construction. Major Upgrades Include: " New Roof " New HVAC System " New Energy-Efficient Windows " New Interior & Exterior Doors " Completely New Kitchen " Large Kitchen Island " New Cabinets & Countertops " New Stainless Steel Appliances " Fully Remodeled Bathrooms " New Vanities, Mirrors & Fixtures " Luxury Vinyl Plank Flooring Throughout " New Baseboards " New Lighting & Ceiling Fans " Updated Electrical Improvements " New Landscaping with Drip Irrigation System " Oversized Cul-de-Sac Lot " Room for Future Pool & Casita " Preliminary Casita & Pool Design Already Completed This is not just a remodel--it's an opportunity to own a home that lives like new while offering future expansion potential rarely found in Tempe.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 3.4 mi
Grades K-6 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,333 | - |
| Lot Size | 12,589 | - |
| Price | $739.0K | $562.2K |
| Price per sq ft | $317 | $326 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 2615 |
Jun 18, 2026
$739,000
Initial Listing