
Tempe, AZ 85282
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $646,643 Fair Market Value by 3%. This valuation gap offers $21,643 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a remodeled granite kitchen and 2025 AC system, this home offers a seamless lifestyle. With a large 10,446 sq ft lot and private diving pool, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4001 S HAZELTON Lane Subject | $625,000* List Price | 4 | 2 | 2,236 | $289 | - |
A 1896 E MINTON Drive Sold | $545,000 | 4 | 2 | 1,801 | $303 | 0.4 mi |
B 1890 E Minton Drive Sold | $569,000 List Price | 4 | 2 | 2,087 | 0.4 mi | |
C 1316 E CARTER Drive Sold | $699,995 | 4 | 2 | 2,052 | $341 | 0.9 mi |
D 1502 E MINTON Drive Sold | $555,000 | 4 | 2 | 2,083 | $266 | 0.8 mi |
E 1502 E MINTON Drive Sold | $555,000 | 4 | 2 | 2,083 | $266 | 0.8 mi |
F 4804 S ELM Street Active | $574,900 List Price | 4 | 2 | 2,012 | $286 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1969, the property has undergone significant recent renovations and system upgrades that meet the 'excellent' criteria. The kitchen and primary bathroom are fully remodeled with modern shaker cabinetry and granite surfaces. Most importantly, the major systems are nearly new, including a 2025 AC system, 2025 pool pump, and 2024 water heater, ensuring the home is in mint, move-in condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10446, living area = 2236.
The property features significant high-value updates including a 2025 AC system, 2025 pool pump, and 2024 water heater, significantly reducing immediate maintenance concerns for a new owner.
Situated in an established Tempe neighborhood with no HOA fees, the home offers excellent proximity to ASU, Mill Avenue, and major freeways, making it highly attractive for both residents and investors.
While the kitchen and primary bath are remodeled, the secondary bathroom is described as 'classic,' suggesting it may require further investment to match the modern standards of the rest of the home.
The use of diagonal stone and travertine tile throughout the main living areas may feel dated to contemporary buyers who prefer modern, uniform wide-plank flooring.
Welcome to this Suggs-built slump block home where you can enjoy a single-level traditional floorplan, no HOA and thoughtful updates inside and out. Situated on an interior 10,446 sq ft lot, this timeless home blends enduring style with comfortable, modern living in one of Tempe's most established neighborhoods. Tempe Royal Palms is known for its pride of ownership and classic ranch-style homes. A desert-adapted front landscape frames a gated courtyard entry, offering a private and inviting approach to the home. Beyond the double door entry, a welcoming foyer leads to the living spaces. The light-filled floorplan offers 2,236 square feet of all original square footage (no wonky additions here!) with flexible living spaces including separate living and family rooms, 4 bedrooms, 2 bathrooms, inside laundry room and a 2 car garage with storage room. Diagonal stone tile floors flow throughout the main living areas. Large windows and glass doors line the living room, kitchen, family room and primary suite, all overlooking the backyard and pool, creating a seamless indoor-outdoor connection. The living room is versatile and currently being used as an oversized formal dining room. The family room is open to the kitchen and features a wood-burning fireplace with tile surround. The remodeled, open kitchen features shaker-style white cabinetry with glass uppers, slab granite countertops, tile backsplash, travertine tile floors, pantry and a generous breakfast bar. Appliances include a GE gas range with center griddle, Whirlpool dishwasher and Frigidaire French door refrigerator. The oversized primary suite is a true retreat with sliding glass doors that open to the rear yard, dual closets and a spacious full bath. The remodeled bath features a vanity with dual sinks, rich wood tone shaker-style vanity, recessed lighting, soaking tub with tile surround, separate tiled shower with product niche, water closet with dual-flush toilet and tile flooring. The hall bath features a classic white tiled tub/shower. 3 additional bedrooms provide comfortable and versatile spaces well suited for guests, family, hobbies or home office space. Step outside to your private backyard oasis where a large diving pool, block fencing strung with bistro lighting, palm trees and a mature shade tree , large covered patio and easy-care landscaping create the perfect Arizona setting for relaxing or entertaining. Major updates include a 2025 AC system, 2025 pool pump, 2024 water heater, dual pane windows, Nest thermostat and new refrigerator in 2025. A driveway slab provides parking for 4+ cars, leading to the 2 car garage with an interior storage room. There is also an RV gate off the rear alley. Located just moments from ASU's main campus, Mill Avenue, Whole Foods, Tempe Marketplace and countless local restaurants, coffee shops and entertainment destinations. Outdoor enthusiasts will appreciate nearby access to Tempe Town Lake, the Tempe Canal Trail, Papago Park, A Mountain, South Mountain, Rotary Park, Tempe Diablo Stadium, the Phoenix Zoo, Desert Botanical Garden and the 11-mile Scottsdale/Tempe Indian Bend Wash Greenbelt. Convenient freeway access to the US-60, Loop 202, SR-143 and I-10 makes commuting throughout the Valley a breeze. Whether you're a first-time buyer, investor or long-time local searching for a home with character and substance, this treasured Tempe property delivers the perfect blend of comfort, upgrades and location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,236 | 1,676 | 76% |
| Lot Size | 10,446 | 8,359 | 87% |
| Price | $625.0K | $0 | 87% |
| Price per sq ft | $280 | $0 | 62% |
| Built year | 1969 | 1969 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 2382 | 2% |
May 22, 2026
$625,000
Initial Listing