
Tempe, AZ 85282
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $325,000—positioned well below the $322,891 Fair Market Value by a negligible margin, reflecting a stable, fair-market entry. With a Condition Rating of 4, the property offers a functional, well-maintained layout in a quiet neighborhood with desirable green spaces and a pool. Its proximity to Broadmor Elementary and Tempe High School provides long-term utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a reliable, centrally located asset in Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35 W CONCORDA Drive 104 Subject | $325,000* List Price | 3 | 2 | 1,258 | $257 | - |
A 3905 S MILL Avenue Sold | $335,000 List Price | 4 | 3 | 1,536 | 0.9 mi | |
B 3403 S Hardy Drive Active Under Contract | $275,000 List Price | 3 | 2 | 1,088 | $253 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (47 years old), the property is significantly dated. While the exterior appears intact and the description notes it is 'well cared for,' the age suggests that the kitchen, bathrooms, and internal systems likely require updates and minor repairs to meet modern standards, fitting the criteria for a property over 20 years old.
Situated in a desirable Tempe neighborhood, this property offers exceptional proximity to Broadmor Elementary and Tempe High School, both within a half-mile radius, making it ideal for families.
The Alameda Park Condominiums provide a quiet, well-maintained environment featuring abundant green spaces and a semi-private neighborhood pool, offering a serene suburban feel.
With 3 bedrooms and 1,258 square feet of living space, this unit offers a generous floor plan that provides excellent value and versatility compared to smaller units in the same price bracket.
Built in 1979, the property may require updates to its original systems or interior finishes to meet modern energy efficiency and aesthetic standards.
While the property is conveniently located near schools, the assigned high school currently holds a lower academic rating, which may be a consideration for education-focused buyers.
Great Neighborhood. Lots of Green spaces. Pleasant well cared for and quiet. Semi- Private Neighborhood Pool.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,258 | - |
| Lot Size | 1,159 | - |
| Price | $325.0K | $266.9K |
| Price per sq ft | $258 | $292 |
| Built year | 1979 | 0 |
| HOA | $313 | $0 |
| Days on market | 29 | 1895 |
Jun 23, 2026
$325,000
Initial Listing