4517 S Grandview Avenue, Tempe, AZ 85282, Tempe, 85282 - 5 bed, 3 bath
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Tempe, AZ 85282
This Spacious Tri-Level Residence represents a Strong Value Opportunity, listed at $550,000—positioned well below the $585,971 Fair Market Value by 6%. This valuation gap provides $35,971 in Instant Equity for the buyer. Featuring a Good Condition Rating with recent interior updates, a private pool, and an RV driveway, the property offers significant utility. Its versatile floorplan is perfectly suited for Buy-and-Hold Investors seeking rental demand or Owner-Occupants looking for multi-generational living space in a prime Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4517 S Grandview Avenue Subject | $539,000* List Price | 5 | 3 | 2,148 | $266 | - |
A 506 E ELLIS Drive Sold | $675,000 | 4 | 2 | 2,274 | $297 | 0.4 mi |
B 4526 S Terrace Road Sold | $525,000 | 4 | 2 | 1,732 | $303 | 1.0 mi |
C 434 E CARSON Drive Sold | $515,000 | 3 | 2 | 1,640 | $314 | 0.4 mi |
D 3626 S NEWBERRY Road Sold | $449,750 List Price | 4 | 3 | 2,150 | 1.0 mi | |
E 429 E GREENWAY Drive Sold | $689,000 List Price | 6 | 2 | 2,790 | 0.4 mi | |
F 212 E MINTON Drive Pending | $495,000 List Price | 4 | 2 | 2,247 | $220 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1963, the property has undergone significant recent renovations including new wood-look tile flooring, fresh interior paint, and updated lighting/fans. The kitchen features a modern tile backsplash and the home appears move-in ready. The exterior and pool area are well-maintained, though the roof-mounted HVAC and overall age of the structure keep it in the 'Good' category rather than 'Excellent'.
The tri-level floorplan featuring 5 bedrooms plus an office is perfectly suited for multi-generational families or high-yield rental investment strategies.
The property boasts a private pool, covered patio, and a dedicated RV driveway with a gate, offering rare utility and leisure options for the area.
Situated in a sought-after Tempe location with no association fees, providing excellent long-term upside and proximity to major amenities and freeways.
Constructed in 1963, the home likely requires capital improvements to its aging infrastructure and systems to meet contemporary efficiency standards.
The multi-level layout may limit the property's appeal to buyers with mobility concerns or those preferring a more modern, single-level open floorplan.
Spacious Tempe tri-level offering 5 rooms plus office space & 3 bathrooms. Ideal layout for multi-generational living or high-demand rental investment. This versatile floorplan provides multiple living areas, great separation of space, and flexibility for today's lifestyle needs. Enjoy a refreshing Pool and Covered Patio with plenty of room for your next BBQ! With strong rental appeal and long-term upside, this property is a standout opportunity in a sought-after Tempe location. Plus RV driveway and RV Gate. Close to freeways, shopping, dining, and all the amenities Tempe has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,148 | - |
| Lot Size | 8,276 | - |
| Price | $539.0K | $562.2K |
| Price per sq ft | $251 | $326 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 42 | 2615 |
Jul 1, 2026
$539,000
$550,000
-2% Price Drop
Initial Listing
Jun 11, 2026
$550,000
Initial Listing