526 W 1ST Street 106, Tempe, AZ 85281, Tempe, 85281 - 2 bed, 3 bath
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Tempe, AZ 85281
This Modern Urban Sanctuary is listed at $547,000, offering a premium lifestyle opportunity near its $506,976 Fair Market Value. Boasting a Well-Maintained Condition Rating, the home features a high-end Granite Kitchen, hardwood floors, and a versatile ground-level Flex Space perfect for a home studio. Residents benefit from Resort-Style Amenities including a pool and spa, plus a private Deck steps from Tempe Town Lake and ASU. With proximity to Scales Technology Academy, this turnkey residence ensures urban convenience and comfort. It is ideal for Urban Professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 526 W 1ST Street 106 Subject | $547,000* List Price | 2 | 3 | 1,557 | $326 | - |
A 312 S HARDY Drive 106 Sold | $439,000 | 2 | 3 | 1,451 | $303 | 0.4 mi |
B 312 S HARDY Drive 106 Sold | $439,000 | 2 | 3 | 1,451 | $303 | 0.4 mi |
C 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | 0.6 mi |
D 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | 0.6 mi |
E 140 E RIO SALADO Parkway 104 Sold | $399,000 List Price | 1 | 2 | 1,508 | 0.6 mi | |
F 312 S HARDY Drive 106 Sold | $439,000 | 2 | 3 | 1,451 | $303 | 0.4 mi |
G 525 W LAKESIDE Drive 141 Active | $530,000 List Price | 2 | 3 | 1,370 | $387 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 2006, is in well-maintained, move-in-ready condition. It features quality materials such as hardwood flooring, granite countertops, and stainless steel appliances that, while reflecting the original construction style, show minimal wear. The bathrooms and living spaces are clean with functional fixtures, and the overall maintenance of the unit and community amenities aligns with the standards for a property of this age.
Situated in the heart of Tempe, the property offers exceptional walkability to Tempe Town Lake, Mill Avenue, ASU, and the light rail, making it ideal for an active lifestyle.
The ground-level features a flexible open area perfect for a home office or studio, providing a rare work-from-home solution in a high-density urban setting.
Residents benefit from high-end community features including a pool, spa, cabanas, and barbecue areas, offering a luxury lifestyle without the maintenance of a private yard.
The tandem two-car garage requires one vehicle to be parked behind the other, which can be inconvenient for multi-driver households needing frequent car shuffling.
With a monthly HOA fee of $490, the recurring carrying costs are relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
Ideally located in the heart of Tempe, 526 W 1st St, Suite 106 offers convenient urban living just steps from Tempe Town Lake and minutes from Mill Avenue, ASU and the light rail. The ground level features a flexible open space with access to the tandem two-car garage, ideal for a home office, studio or additional living area. The main floor offers hardwood flooring, an open living area and a well-equipped kitchen with stainless steel appliances and granite countertops, plus a half bath and private balcony. Upstairs includes two bedrooms and two full bathrooms. Residents can enjoy resort-style amenities including a pool, spa, cabanas, barbecue area and outdoor shower- All just a short walk from the unit. A great opportunity to enjoy low-maintenance living in a prime Tempe location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,557 | 1,508 | 53% |
| Lot Size | 679 | 1,208 | 40% |
| Price | $547.0K | $0 | 80% |
| Price per sq ft | $351 | $0 | 73% |
| Built year | 2006 | 2006 | 50% |
| HOA | $490 | $375 | 53% |
| Days on market | 55 | 2907 | 7% |
Feb 26, 2026
$547,000
Initial Listing