
Tempe, AZ 85283
This 3-bedroom townhouse in The Lakes of Tempe is a Strong Value Opportunity, listed at $345,000—positioned well above the $335,390 Fair Market Value by 2%. Despite the premium, the property offers a Mint Condition Rating with a brand-new kitchen and flooring. Residents enjoy an extensive amenity package, including fitness facilities, pools, and lakeside access, with exterior maintenance covered by the HOA. This turnkey residence is an ideal choice for first-time buyers or owner-occupants seeking a low-maintenance lifestyle in a vibrant, amenity-rich community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5626 S Captain Kidd Court S Unit D Subject 3 bd · 3 ba · 1,290 sqft · $260 | $345,000* List Price | 3 | 3 | 1,290 | $260 | - |
A 5617 S CLAMBAKE BAY Court B Sold 3 bd · 2 ba · 1,200 sqft · $298 · 0.2 mi | $357,500 | 3 | 2 | 1,200 | $298 | 0.2 mi |
B 6627 S McAllister Avenue Sold 2 bd · 1 ba · 792 sqft · $309 · 0.9 mi | $245,000 | 2 | 1 | 792 | $309 | 0.9 mi |
C 5625 S ADMIRALTY Court C Pending 2 bd · 3 ba · 1,242 sqft · $322 · 0.1 mi | $399,400 List Price | 2 | 3 | 1,242 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the property has undergone fresh renovations including a brand new kitchen, new flooring, and new carpet. The interior is in mint, move-in ready condition, meeting the criteria for a renovation under 5 years old.
This property is uniquely positioned as the only 3-bedroom home available in The Lakes, yet it is priced lower than many 2-bedroom units, offering superior square footage for the investment.
The interior features fresh updates including a brand-new kitchen and new flooring throughout, providing a modern, move-in-ready aesthetic for the next owner.
The association fee covers an extensive amenity package including fitness facilities, sports courts, and pools, while also handling major maintenance items like roof replacement and water/sewer utilities.
With an original build date of 1971, the property may have aging underlying systems or structural components that require attention despite the recent cosmetic renovations.
The assigned middle and high schools carry lower ratings (4/10 and 5/10), which could be a deterrent for families prioritizing high-performing educational districts.
The only 3-bedroom home available in The Lakes of Tempe. Highlights include - priced less than 2-bedrooms, renovated & move in ready, and most importantly NO NEIGHBORS ABOVE OR BELOW. Be the first to cook in a completely new kitchen, and be the first to walk on completely new flooring. Come enjoy bright living spaces bathed in sunlight, & a large private patio. The HOA provides an unmatched list services like not other. At no extra charge, you AND YOUR GUESTS can enjoy fitness facilities, racquetball, pickleball, tennis, basketball, lakeside walks, two pools & two hot tubs, BUT WAIT THERE'S MORE! Dues also include full roof replacement, exterior maintenance, water, sewer, garbage collection & a blanket insurance policy. Have you seen the price individuals pay for water & sewer lately!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,290 | 1,227.726 |
| Lot Size | 668 | 1,827.597 |
| Price | $345.0K | $324.9K |
| Price per sq ft | $267 | $261 |
| Built year | 1971 | 1980 |
| HOA | $278 | $264 |
| Days on market | 16 | 67 |
Oct 8, 2026
$345,000
Initial Listing