
Tempe, AZ 85288
This Turnkey Townhome represents a Strong Value Opportunity, listed at $489,000—positioned slightly above the $475,594 Fair Market Value. While priced at market, the property features an Excellent Condition Rating following significant renovations, including a modern kitchen with quartz counters, new windows, and a Tesla EV charger. With no rental restrictions and a layout featuring two primary suites, this asset is perfectly configured for high-yield returns. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home near ASU.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 335 E BLUEBELL Lane Subject | $489,000* List Price | 2 | 3 | 1,536 | $310 | - |
A 1658 N SIERRA VISTA Drive Sold | $430,000 | 2 | 2 | 1,242 | $346 | 0.1 mi |
B 819 N COLLEGE Avenue F107 Active | $379,999 List Price | 3 | 2 | 1,444 | $263 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1984, the property has undergone significant recent renovations that place it in mint condition. Key updates include a modern kitchen with quartz countertops and stainless steel appliances, new laminate wood flooring, and new windows. The addition of a Tesla EV charger and updated garage systems further indicates high-quality maintenance and modern system integration, making it move-in ready with no immediate maintenance required.
Ideally situated minutes from ASU, Old Town Scottsdale, and Tempe Town Lake with walking distance to Papago Park, offering unparalleled access to major employment and recreation hubs.
The home features high-value recent improvements including new windows, laminate wood flooring, and a Tesla EV charger, providing modern convenience and improved energy efficiency.
With two primary suites and no rental restrictions, this property is perfectly configured for high-yield rental opportunities or roommate-style living arrangements.
Constructed in 1984, the property may face upcoming maintenance needs for original systems or common area elements typical of a 40-year-old development.
The two-bedroom configuration may restrict interest from larger families or buyers specifically seeking a dedicated home office space without sacrificing a bedroom.
Unbeatable location! Minutes to ASU, Old Town Scottsdale, Tempe Town Lake, Sky Harbor and the 101 & 202. Walking distance to Papago Park, this 2-bed, 2.5-bath townhome lives larger than its 1,536 sq ft, with two upstairs primary bedrooms, each with walk-in closets and private full baths. Downstairs features an open great room with fireplace, kitchen with quartz counters and stainless appliances, dining room, powder bath & laundry room. Lots of natural light with a private front courtyard and a covered back patio/yard with low-maintenance turf. Recent updates include new windows, laminate wood flooring, Tesla EV charger & new Liftmaster in the 2-car garage. All appliances convey. Community pool and RV storage available. No restrictions on rentals, buyer to verify with HOA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,536 | 1,215 | 75% |
| Lot Size | 3,206 | 1,506.5 | 75% |
| Price | $489.0K | $352.0K | 88% |
| Price per sq ft | $318 | $306 | 63% |
| Built year | 1984 | 1984 | 50% |
| HOA | $230 | $268 | 50% |
| Days on market | 9 | 470 | 13% |
May 28, 2026
$489,000
Initial Listing