
Tempe, AZ 85284
This Versatile Residential Asset represents a High-Potential Investment Opportunity, with a List Price of $562,000—positioned well below the $625,024 Fair Market Value by 10%. This valuation gap secures $63,024 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a Premium Greenbelt Lot, Granite Kitchen, and a functional Main-Floor Bedroom and Full Bath. Located near the top-rated C I Waggoner School, this property balances immediate lifestyle appeal with significant financial upside. It 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 |
|---|---|---|---|---|---|---|
★ 329 W CALLE MONTE Vista Subject | $562,000* List Price | 4 | 3 | 2,137 | $292 | - |
A 62 E RANCH Road Sold | $560,000 | 3 | 3 | 2,003 | $280 | 0.4 mi |
B 62 E RANCH Road Sold | $560,000 | 3 | 3 | 2,003 | $280 | 0.4 mi |
C 9132 S PARKSIDE Drive Sold | $562,500 | 5 | 3 | 2,760 | $204 | 0.8 mi |
D 318 W EL FREDA Road Pending | $725,000 List Price | 4 | 2 | 2,217 | $327 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several significant recent updates, including brand-new exterior paint, a new garage door, and a new hot water heater. The interior boasts newer porcelain wood-look tile on the first floor and newer carpeting in the bedrooms. While the kitchen cabinets and bathroom layouts appear original to the 1995 construction, they have been well-maintained and updated with granite-slab countertops and brand-new stainless steel appliances (gas range and microwave). The home shows minimal wear and tear and meets the criteria for a well-maintained, updated property.
The property is situated on a desirable greenbelt lot with no neighbors directly behind, offering enhanced privacy and immediate access to a city sport-court park.
Featuring four bedrooms and three full bathrooms, including a convenient bedroom and full bath on the main level, the layout is ideal for guests or multi-generational living.
The home boasts significant recent updates, including brand-new exterior paint, a new garage door, a new hot water heater, and updated porcelain plank-tile flooring.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2137, other record living area = 1840.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings, which may be a consideration for education-focused families.
With a lot size of approximately 5,401 square feet, the outdoor space is relatively modest for a home exceeding 2,100 square feet, potentially limiting large-scale backyard use.
***NOTEWORTHY & COMPETIVELY priced for over 1900 sq. ft.***DESIRABLE Tempe neighborhood, GREENBELT lot that has no homes behind~4 bedrooms/3 FULL baths & 1 bedroom + full-bath, on the first-floor ~BRAND-NEW, exterior-paint, garage-door & hot-water-heater~NEWER PORCELAIN, wood-look, plank-tile throughout the first-floor with NEWER carpeting in bedrooms & second-floor~Enter the home to HIGH-VAULTED ceilings, SEPARATE living/dining OR game-room~Kitchen features GRANITE-SLAB countertops, a BRAND-NEW, GAS range & microwave, AMPLE storage with LARGE BUILT-IN pantry in the breakfast-nook~The family great-room is adjacent to the kitchen, and the laundry room is located downstairs, equipped with an LG washer/dryer~ The stairs lead to PRIMARY bedroom retreat w/VAULTED ceilings, SPACIOUS bath, with SEPARATE tub/shower, PRIVATE toilet-room & LARGE walk-in closet~Two additional SPACIOUS bedrooms & a FULL bathroom are located on the second-floor~The backyard features an EXTENDED-COVERED-PATIO, SEPARATE concrete-slab suitable for a HOT-TUB~The yard includes a mix of Grass & desert-landscaping, and there is a city SPORT-COURT-PARK behind the home~The community of PARKE TEMPE is IDEALLY situated near a walking/biking-path that begins just two-homes-east & extends the entire distance from Warner-to-Elliot, adjacent to the Kyrene-canal~Shopping, dining, I-10 & 202 access are ALL SUPER close~This ONE surely won't last!
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 | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,137 | 2,387 | 35% |
| Lot Size | 5,401 | 9,087 | 24% |
| Price | $562.0K | $360.0K | 63% |
| Price per sq ft | $263 | $204 | 54% |
| Built year | 1995 | 1988 | 81% |
| HOA | $195 | $195 | 50% |
| Days on market | 45 | 2854 | 2% |
Mar 8, 2026
$562,000
Initial Listing