5205 S Hazelton Lane, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
Loading property details...
5205 S Hazelton Lane
Tempe, AZ 85283
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,368Sq Ft
2,287Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$376,438
7% BelowMARKET VALUE
SUMMARY
This Spacious Townhouse is a Strong Value Opportunity, listed at $350,000—positioned well below the $376,439 Fair Market Value by 7%. This valuation gap offers $26,439 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home includes modern wood-look flooring and a newer AC system, while offering room for cosmetic kitchen and bath updates. Located in a desirable school district with a private pavered patio, this property is ideal for Owner-Occupants or first-time buyers seeking a balanced, value-driven lifestyle.
Estimated Market Value
$376,438+$26,438 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5205 S Hazelton Lane Subject 3 bd · 2 ba · 1,368 sqft · $275 | $350,000* List Price | 3 | 2 | 1,368 | $275 | - |
A 5256 S MONACO Drive Active 3 bd · 2 ba · 1,368 sqft · $212 · 0.1 mi | $290,000 List Price | 3 | 2 | 1,368 | $212 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1975, the property features recent cosmetic updates like wood-look flooring and fresh paint, along with a newer AC system. However, the kitchen and bathrooms remain dated, specifically featuring a vintage 1970s-style stove and older cabinetry/vanities that require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime South Tempe Location
Situated in a highly desirable area near major retail, dining, and freeway access, offering a convenient lifestyle within a top-rated school district.
- Modernized Key Systems
The property features a newer AC unit for energy efficiency in the Arizona heat, along with fresh exterior paint and contemporary wood-look flooring.
- Functional Split Floorplan
The 3-bedroom layout provides excellent privacy and flow, complemented by a private pavered patio ideal for outdoor relaxation.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1975, the home may require ongoing maintenance or further updates to internal systems common with properties of this vintage.
- Monthly HOA Obligations
The $259 monthly association fee adds to the recurring cost of ownership, which may impact the budget for some buyers compared to single-family homes without fees.
About 5205 S Hazelton Lane
Awesome townhouse in the heart of South Tempe! Enjoy easy Tempe lifestyle living with a community pool perfect for cooling off during the Arizona summers and a convenient location near Target, shopping, dining and more. Inside, you'll find a desirable split floorplan with 3 bedrooms, 2 full bathrooms and an inviting great room. Newer wood-look flooring adds a fresh, modern feel, while the HVAC installed in 2026 provides added peace of mind. Fresh exterior paint gives the home great curb appeal. Step outside to your cozy, private pavered patio,the perfect spot to relax at the end of the day and take in those beautiful Arizona cotton-candy sunsets. A wonderful opportunity in South Tempe in desirable Tempe school district. Close to freeway access. Welcome home!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1975
- Lot Size
- 2,287 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $259 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,368 | 1,227.726 |
| Lot Size | 2,287 | 1,827.597 |
| Price | $350.0K | $324.9K |
| Price per sq ft | $256 | $261 |
| Built year | 1975 | 1980 |
| HOA | $259 | $264 |
| Days on market | 44 | 67 |
Pricing History
Listed for Sale
Sep 10, 2026
$350,000
Initial Listing