539 W 17TH Street, Tempe, AZ 85281, Tempe, 85281 - 4 bed, 2 bath
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Tempe, AZ 85281
This Recently Renovated Mid-Century Residence represents a High-Potential Investment Opportunity, with a List Price of $585,000—positioned well below the $948,905 Fair Market Value by 38%. This significant valuation gap provides $363,905 in Instant Equity. Boasting a Condition Rating of 2, the home features a Quartzite Kitchen, Stainless Steel Appliances, and a Private Pool. Located just 1.2 miles from ASU, it balances high rental demand with turnkey lifestyle appeal. This is an exceptional acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors targeting the Tempe market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 539 W 17TH Street Subject | $585,000* List Price | 4 | 2 | 1,942 | $489 | - |
A 538 W 16TH Street Sold | $500,000 | 3 | 2 | 1,612 | $310 | 0.1 mi |
B 1245 W 11TH Street Sold | $480,000 | 4 | 2 | 1,503 | $319 | 0.8 mi |
C 901 W 16TH Street Sold | $425,600 | 3 | 2 | 1,480 | $288 | 0.3 mi |
D 1100 W 9TH Street Sold | $539,000 List Price | 3 | 2 | 1,588 | 0.8 mi | |
E 1711 S HARDY Drive Active | $519,000 List Price | 4 | 2 | 1,573 | $330 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone an extensive recent renovation within the last 5 years. It features a modern open-concept kitchen with quartzite countertops and brand-new stainless steel appliances, updated bathrooms, new wood-look tile flooring, dual-pane windows, and fresh interior/exterior paint, meeting the criteria for a fully renovated home with no deferred maintenance.
Situated just 1.2 miles from ASU and Mill Avenue, this property offers exceptional access to dining, nightlife, and campus life, making it highly attractive for students, faculty, or rental investors.
The home features a comprehensive update including quartzite countertops, stainless steel appliances, and dual-pane windows, providing a move-in-ready experience with contemporary aesthetic appeal.
The large backyard includes a private pool, covered patio, and an RV gate, offering premium outdoor living and storage features that are highly sought after in the Tempe market.
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may limit the property's appeal to families focused on top-tier educational districts.
Built in 1955, the property's core infrastructure may require more maintenance or future updates compared to newer builds, despite the recent cosmetic and functional renovations.
Nestled in a charming neighborhood within the heart of Tempe, this recently renovated home features an expanded & functional floorplan of 4beds/2baths + spacious kitchen/living area! Numerous upgrades include light & open kitchen w/ quartzite counters & brand new SS appliances, updated baths, flooring, interior & exterior paint & doors, lighting & dual pane windows throughout. Large backyard has private pool, covered patio, RV gate & side yard ideal for gardening or pet run. This is the perfect location for those seeking a move in ready home within 1.2 miles of ASU campus + Mill Ave dining/nightlife, the convenience of quick, easy access to freeways & the wonderful Clark Community Center (w/ year round heated pool/water slide, dog park, community garden & more) just a block away!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,942 | 1,552.5 | 90% |
| Lot Size | 7,762 | 7,355 | 70% |
| Price | $585.0K | $266.0K | 90% |
| Price per sq ft | $301 | $186 | 63% |
| Built year | 1955 | 1958 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 2129 | 3% |
Mar 11, 2026
$585,000
Initial Listing