3604 S CUTLER Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 1 bath
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Tempe, AZ 85282
This Move-In Ready Single Family Residence is a High-Potential Investment Opportunity, listed at $415,000—positioned well below the $361,760 Fair Market Value by -14%. While the list price exceeds the current valuation, the property features a Condition Rating of 3 with significant Major System Upgrades including a 2021 roof and 2019 HVAC. Its central Tempe location near ASU and lack of HOA fees provide long-term stability. This home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3604 S CUTLER Drive Subject | $409,000* List Price | 3 | 1 | 1,091 | $324 | - |
A 1512 W FAIRMONT Drive Sold | $419,900 List Price | 3 | 2 | 1,347 | 0.5 mi | |
B 3111 S EDWARD Drive Pending | $399,900 List Price | 3 | 2 | 1,176 | $340 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1971, all major systems are recently updated (Roof 2021, HVAC 2019, Water Heater 2018). The interior features fresh paint, dual-pane windows, and functional, well-maintained kitchen and living areas, making it move-in ready despite dated cabinetry.
The property features significant recent capital improvements, including a new roof and insulation (2021), a new A/C unit (2019), a 2018 water heater, and dual-pane windows, minimizing immediate maintenance costs for the buyer.
Situated in central Tempe near ASU, Sky Harbor Airport, and major freeways, this home offers high accessibility and the freedom of no HOA fees or restrictive covenants.
With fresh interior and exterior paint, a new garage door, and an expanded laundry room, the home is well-maintained and ready for immediate occupancy without the need for major cosmetic overhauls.
The 3-bedroom layout is serviced by only a single bathroom, which is a significant drawback for families and may limit the property's competitive edge compared to homes with a second bath.
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may deter families who prioritize high-performing educational environments.
This 3-bedroom, 1-bath home in central Tempe is move-in ready with the big-ticket items already taken care of. Enjoy a full roof and insulation replacement in 2021, a brand-new A/C unit installed in 2019, dual pane windows throughout, a 2018 water heater, fresh interior and exterior paint, and an expanded laundry room with separate entry. No HOA and no flip here, just a well-maintained home with real bones, a spacious covered patio, a large backyard with a new fence, and a new garage door waiting for the right buyer to make it their own. Close to ASU, Sky Harbor, freeways, breweries, gyms, and grocery stores.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,091 | - |
| Lot Size | 6,111 | - |
| Price | $409.0K | $562.2K |
| Price per sq ft | $375 | $326 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 60 | 2615 |
Jul 14, 2026
$409,000
$415,000
-1% Price Drop
Initial Listing
Jun 20, 2026
$415,000
$420,000
-1% Price Drop
Initial Listing
May 23, 2026
$420,000
Initial Listing