613 E BELL DE MAR Drive, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
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Tempe, AZ 85283
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $390,573 Fair Market Value by -21%. While the home requires HVAC investment for the enclosed patios, the 4-bedroom layout and Granite Kitchen provide a solid foundation. With a Condition Rating of 4, this asset offers significant upside for those capable of executing mechanical and cosmetic upgrades. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value through strategic renovation in a central Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 613 E BELL DE MAR Drive Subject | $475,000* List Price | 4 | 2 | 2,324 | $168 | - |
A 1201 E STEPHENS Drive Sold | $335,000 List Price | 4 | 3 | 2,082 | 0.5 mi | |
B 1125 E LODGE Drive Sold | $476,000 List Price | 4 | 2 | 1,980 | 0.4 mi | |
C 1502 E CARMEN Street Sold | $423,500 List Price | 4 | 2 | 2,103 | 0.9 mi | |
D 966 E DIVOT Drive Sold | $388,500 List Price | 4 | 2 | 2,681 | 0.2 mi | |
E 204 E FLEET Drive Pending | $350,000 List Price | 4 | 2 | 1,980 | $177 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the home is over 50 years old and shows significant dating, including popcorn ceilings and older tile patterns. While the kitchen has been updated with granite countertops, the property requires HVAC investment for the enclosed patio additions and cosmetic updates throughout to meet modern standards.
The enclosed front and back patios offer a unique opportunity to increase the functional living space to over 3,000 sqft with the addition of climate control, providing excellent value-add potential.
Conveniently located near the 101, 60, and I-10 freeways, this property offers superior accessibility for commuters and easy reach to major Tempe and Phoenix amenities.
With an association fee of $0, homeowners enjoy the freedom of no restrictive covenants and lower monthly carrying costs compared to neighboring managed communities.
The enclosed patio areas are currently limited to 3-season use and require further investment in HVAC systems to be fully integrated as year-round habitable square footage.
Dating back to 1973, the property may necessitate upgrades to older mechanical systems or structural elements to align with contemporary building standards and efficiency.
This totally unique 4 bedroom home features tons of extra room because the front and back patios have been enclosed to make 3 season rooms. With some investment in another air conditioner, the front enclosed patio adds 800 sq ft, making this home over 3000 sqft! What an incredible value. This spacious home features multiple living spaces and a spacious kitchen with granite countertops. Centrally located close to the 101, 60 and 10 freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,324 | 2,044 | 74% |
| Lot Size | 8,211 | 7,924 | 57% |
| Price | $475.0K | $360.0K | 62% |
| Price per sq ft | $204 | $219 | 47% |
| Built year | 1973 | 1978 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 2341 | 2% |
May 12, 2026
$475,000
Initial Listing