413 E ELLIS Drive, Tempe, AZ 85282, Tempe, 85282 - 5 bed, 4 bath
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Tempe, AZ 85282
This Spacious Renovated Residence is a Strong Value Opportunity, listed at $675,000—positioned well below the $735,324 Fair Market Value by 8%. This valuation gap delivers $60,324 in Instant Equity. Boasting a Move-in Ready Condition, the home features a renovated granite kitchen, a rare finished basement, patio, and a mini pickleball setup. Located near Arredondo Elementary with No HOA, it offers significant lifestyle flexibility and scale. This property is ideal for Multi-Generational Families or Owner-Occupants seeking immediate equity and versatile living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 413 E ELLIS Drive Subject | $675,000* List Price | 5 | 4 | 3,476 | $212 | - |
A 429 E GREENWAY Drive Sold | $689,000 List Price | 6 | 2 | 2,790 | 0.3 mi | |
B 310 E FREMONT Drive Sold | $645,000 | 4 | 2 | 2,565 | $251 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone extensive renovations that modernize its 1972 construction. The kitchen is updated with contemporary dark cabinetry, granite countertops, a large island, and stainless steel appliances. Bathrooms feature updated vanities and tile work, including a primary bath with a jetted tub and walk-in shower. With a roof replaced in 2018 and well-maintained tile flooring throughout the main living areas, the home meets the criteria for a well-maintained, renovated property.
As one of the largest homes in the neighborhood at 3,476 square feet, this property includes a rare basement, providing significant space and flexibility for multi-generational living or entertaining.
The roof was replaced in 2018, offering immediate peace of mind and reducing near-term maintenance costs for a home of this vintage.
Located in an established Tempe neighborhood with no association fees, the property offers both lifestyle freedom and convenient access to local amenities and employment hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3476, other record living area = 3034.
Built in 1972, the home may require further modernization of original systems or cosmetic updates to align with contemporary buyer preferences.
The assigned public schools feature lower-than-average ratings, which could be a consideration for families prioritizing education or long-term resale value.
One of the largest homes in the neighborhood, this Tempe property offers the space you need without sacrificing location. With significantly more square footage--including a basement for added living or entertaining space--the flexible layout fits a variety of lifestyles. Enjoy unique features like a mini pickleball setup, plus a roof replaced in 2018 for added peace of mind. Located in an established Tempe neighborhood close to everything, this home delivers both convenience and hard-to-find livability. Homes with this kind of space in this area are rare--don't miss out!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 4.0 | 2.0 | 98% |
| Square foot | 3,476 | 1,669 | 98% |
| Lot Size | 7,357 | 8,355 | 29% |
| Price | $675.0K | $185.8K | 92% |
| Price per sq ft | $194 | $97 | 50% |
| Built year | 1972 | 1970 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 2446 | 2% |
Mar 20, 2026
$675,000
Initial Listing