
Tempe, AZ 85283
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $485,000—positioned well above the $466,522 Fair Market Value by 3%. While priced slightly above market, the home maintains a Condition Rating of 3, featuring a Granite Kitchen, newer roof, and dual-pane windows. Its prime location near Kiwanis Park and major transit corridors provides significant lifestyle appeal. With no HOA fees and low-maintenance desert landscaping, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home in a high-demand Tempe neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5502 S HAZELTON Lane Subject | $485,000* List Price | 3 | 2 | 1,566 | $298 | - |
A 2046 E HARVARD Drive Sold | $540,000 | 3 | 2 | 1,600 | $338 | 0.5 mi |
B 2070 E YALE Drive Sold | $440,000 | 3 | 2 | 1,459 | $302 | 0.5 mi |
C 1139 E WATSON Drive Sold | $455,000 | 3 | 2 | 1,652 | $275 | 1.0 mi |
D 1544 E Driftwood Drive Sold | $515,000 | 3 | 2 | 1,620 | $318 | 0.5 mi |
E 2023 E CORNELL Drive Sold | $450,000 | 3 | 2 | 1,260 | $357 | 0.4 mi |
F 2176 E Apollo Avenue Sold | $605,000 List Price | 3 | 2 | 1,638 | 0.6 mi | |
G 1965 E OXFORD Drive Active | $575,000 List Price | 3 | 2 | 1,602 | $359 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1973 but features a comprehensive renovation likely within the 5-15 year range. The kitchen is updated with espresso shaker cabinetry, granite countertops, and stainless steel appliances. The home also includes updated bathroom vanities, a newer roof, dual-pane windows, and modern wood-look flooring, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7349, living area = 1566.
The home features a contemporary kitchen with espresso shaker cabinetry, granite countertops, and stainless steel appliances, complemented by updated bathroom vanities and dual-pane windows.
Situated within walking distance to Optimist and Kiwanis Parks, the property offers exceptional access to lakes, trails, and sports facilities, plus convenient proximity to US 60 and Loop 101.
Originally built in 1973, the property may have older underlying plumbing or electrical systems that could require attention despite the visible cosmetic updates.
At 1,566 square feet, the interior living space may feel restrictive for larger families or buyers seeking the expansive open-concept layouts found in newer builds.
Welcome to this inviting 3-bedroom, 2-bath ranch-style home offering a 2-car garage, no HOA and comfortable indoor-outdoor living in a convenient Tempe location. An inviting front patio creates a welcoming first impression and an additional spot to enjoy Arizona mornings and evenings. Inside, the home features a functional, flexible layout with plenty of room to make it your own. The spacious great room flows into a separate family room featuring custom wood built-in cabinetry and a cozy gas fireplace, with additional space for a formal dining area. The kitchen is finished with espresso shaker-style cabinetry, granite countertops, stainless steel appliances and a breakfast bar, creating an easy connection between cooking, dining and everyday living. Both bathrooms feature updated vanities, while the primary bath includes a walk-in shower with sliding glass doors. Additional highlights include dual-pane windows, ceiling fans throughout and a newer roof, adding comfort and value to the home. Out back, an extended-length covered patio creates a generous shaded outdoor living area with plenty of room for dining, grilling, entertaining or simply unwinding at the end of the day. Low-maintenance desert landscaping keeps the outdoor spaces easy to enjoy without demanding your weekends. The location adds even more appeal, walking distance to Optimist Park & the nearby Kiwanis Park including a lake, trails, sports fields, playgrounds, tennis, swimming, a dog park & recreation center. With convenient access to US 60 and Loop 101, Downtown Tempe, ASU, Scottsdale, Mesa, Chandler, shopping, dining & everyday conveniences are all within easy reach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,566 | 1,773.888 |
| Lot Size | 7,349 | 8,245.105 |
| Price | $485.0K | $529.7K |
| Price per sq ft | $310 | $314 |
| Built year | 1973 | 1972 |
| HOA | $0 | $292 |
| Days on market | 23 | 63 |
Aug 17, 2026
$485,000
Initial Listing