
Tempe, AZ 85283
This Turnkey Townhouse represents a Prime Investment Opportunity, listed at $375,000—positioned well below the $383,096 Fair Market Value by 2%. This valuation gap provides $8,096 in Instant Equity. With a Condition Rating of 3, the home features a Granite Kitchen, Dual-Pane Andersen Windows, and a Redesigned Backyard with greenbelt views. Ideally located near ASU and major freeways, this property is a perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, low-maintenance lifestyle in Tempe.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5323 S MITCHELL Drive Subject | $375,000* List Price | 2 | 2 | 1,426 | $269 | - |
A 5409 S MITCHELL Drive Sold | $315,000 | 2 | 2 | 1,120 | $281 | 0.1 mi |
B 517 W DUKE Drive Active | $385,000 List Price | 3 | 2 | 1,426 | $270 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1980, the property has undergone significant renovations including a newer roof, dual-pane Andersen windows, and wood-look flooring throughout. The kitchen is updated with granite countertops and stainless steel appliances, and the home appears well-maintained and move-in ready.
The home features high-quality upgrades including dual-pane Andersen windows, wood-look flooring, a newer roof, and a remodeled kitchen with granite countertops, minimizing immediate maintenance needs.
The property boasts a redesigned backyard with a view fence overlooking a lush greenbelt, paired with exceptionally low HOA fees and rare community RV/boat parking.
Ideally situated with rapid access to ASU, Sky Harbor Airport, and major freeways, offering high convenience for commuters and proximity to premier recreation like Kiwanis Park.
Originally constructed in 1980, the property may have aging underlying systems despite cosmetic updates, which could lead to long-term maintenance considerations.
The local schools carry average ratings ranging from 4 to 5, which may be a drawback for families prioritizing high-performing educational districts.
Spacious, bright and beautifully updated, this single-level townhome blends style, comfort and easy living. Enjoy thoughtful updates, including beautiful wood-look flooring throughout, recessed lighting, updated fixtures and ceiling fans, dual-pane Andersen windows, and a crisp white kitchen with granite countertops and stainless steel appliances. Additional highlights include a newer roof and a 2-car garage offering secure parking, valuable storage, plus the rare convenience of community RV/boat parking. The beautifully redesigned backyard is a showstopper, featuring stylish pavers, artificial turf and a view fence overlooking the lush community greenbelt, an inviting backdrop for morning coffee, outdoor dining or entertaining. Outdoor living shines with both front and back patios, offering multiple spaces to relax and enjoy Arizona living. Pepperwood offers a charming neighborhood setting with refreshing pools and spa amenities and low monthly HOA fees. Ideally located near Kiwanis Park, Arizona Mills, South Mountain, golf, shopping and dining, with convenient access to ASU, Sky Harbor International Airport and the US-60, I-10 and Loop 101. Beautifully maintained, thoughtfully updated and ready to enjoy. This is easy Tempe living at its best!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,426 | 1,228.5 |
| Lot Size | 3,419 | 1,782.5 |
| Price | $375.0K | $327.5K |
| Price per sq ft | $263 | $263 |
| Built year | 1980 | 1981 |
| HOA | $67 | $263 |
| Days on market | 21 | 65 |
Aug 19, 2026
$375,000
Initial Listing