
Tempe, AZ 85283
This Turnkey Gated Townhome is a High-Potential Investment Opportunity, listed at $365,000—positioned well below the $408,486 Fair Market Value by 10%. This valuation gap offers $43,486 in Instant Equity for the buyer. The property maintains a Move-in Ready Condition with significant mechanical upgrades, including a 2025 HVAC system and 2024 water heater. Situated on a premium corner lot with a private covered patio, the home offers a low-maintenance lifestyle near ASU and major tech hubs. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5400 S HARDY Drive 107 Subject | $365,000* List Price | 2 | 3 | 1,217 | $336 | - |
A 5314 S FARMER Avenue Active | $350,000 List Price | 2 | 2 | 1,120 | $313 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 2000 (26 years old), the property is in move-in ready condition with significant recent capital improvements including a 2025 HVAC system and 2024 water heater. The interior is well-maintained with updated wood and tile flooring (no carpet), though the kitchen and bathroom fixtures appear to be functional original or older updates.
The property features a brand-new 2025 HVAC system and 2024 water heater, providing significant peace of mind and reducing immediate maintenance costs for the buyer.
Situated on a desirable corner lot with a wraparound side yard, this unit offers enhanced privacy and convenient access to guest parking within a secure gated community.
The home is move-in ready with vaulted ceilings, tile and wood flooring throughout (no carpet), and all appliances included, offering a low-maintenance lifestyle.
With only two formal bedrooms, the property may not appeal to larger families or buyers requiring more than two private, enclosed sleeping areas.
At 1,217 square feet, the interior footprint is relatively modest, which may feel restrictive for buyers seeking expansive living or storage spaces.
Beautifully maintained townhome in a gated community, ideally situated on a premium corner lot! This well-designed floor plan has 2 bedrooms, a versatile loft (perfect for a home office), and 2.5 bathrooms. Two - car garage! Recent updates include a 2025 HVAC system with programmable thermostat, 2024 water heater, and 2024 garage door opener. The open kitchen and great room layout features soaring vaulted ceilings and abundant natural light, creating a bright and inviting living space. The kitchen has a pantry, and all appliances convey--including refrigerator and washer/dryer--making this home truly move-in ready! The spacious primary suite features a large walk-in closet, dual sinks, walk-in shower, and a relaxing Roman soaking tub. A nicely sized secondary bedroom and the flexible loft space provide options for guests, work, or additional living. Enjoy outdoor living with a covered patio, wraparound side yard, and two Arcadia door exits--offering easy access to both the backyard and side yard. The corner lot provides added privacy, and is conveniently adjacent to guest parking! Additional highlights include tile and wood flooring throughout (no carpet), ceiling fans throughout, water softener, and built-in garage cabinets. Residents enjoy a well-maintained quiet, gated community with a pool, all in a prime location near major freeways and just minutes from Tempe, Scottsdale, and downtown Phoenix, as well as Arizona State University, Mesa and Scottsdale Community Colleges, plus endless shopping, dining, hiking, golf, and Spring Training options.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,217 | 2,044 | 10% |
| Lot Size | 4,145 | 7,941 | 4% |
| Price | $365.0K | $360.0K | 51% |
| Price per sq ft | $300 | $254 | 73% |
| Built year | 2000 | 1978 | 96% |
| HOA | $274 | $0 | 86% |
| Days on market | 6 | 2104 | 1% |
Apr 16, 2026
$365,000
Initial Listing