619 E DIAMOND Drive, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
Loading property details...
619 E DIAMOND Drive
Tempe, AZ 85283
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,832Sq Ft
8,146Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$490,884
3% BelowMARKET VALUE
SUMMARY
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $475,000—positioned well below the $490,884 Fair Market Value by 3%. This valuation gap offers $15,884 in Instant Equity. Featuring a private pool and a scenic canal-side lot, the home maintains a Condition Rating of 4, offering a functional open-concept layout with room for cosmetic updates. This property is an ideal acquisition for Owner-Occupants seeking a value-add project or Buy-and-Hold Investors targeting high-demand Tempe.
Estimated Market Value
$490,884+$15,884 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tempe.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 619 E DIAMOND Drive Subject 3 bd · 2 ba · 1,832 sqft · $268 | $475,000* List Price | 3 | 2 | 1,832 | $268 | - |
A 213 E MCNAIR Drive Sold 4 bd · 2 ba · 1,947 sqft · $244 · 0.6 mi | $475,000 | 4 | 2 | 1,947 | $244 | 0.6 mi |
B 721 E BRENTRUP Drive Sold 3 bd · 2 ba · 1,431 sqft · $291 · 0.5 mi | $415,800 | 3 | 2 | 1,431 | $291 | 0.5 mi |
C 1139 E WATSON Drive Sold 3 bd · 2 ba · 1,652 sqft · $275 · 1.0 mi | $455,000 | 3 | 2 | 1,652 | $275 | 1.0 mi |
D 1451 E CHILTON Drive Sold 3 bd · 2 ba · 1,556 sqft · $292 · 0.9 mi | $454,360 | 3 | 2 | 1,556 | $292 | 0.9 mi |
E 1509 E Bell De Mar Drive Sold 4 bd · 2 ba · 1,940 sqft · $235 · 0.9 mi | $455,000 | 4 | 2 | 1,940 | $235 | 0.9 mi |
F 1316 E WOODMAN Drive Sold 4 bd · 2 ba · 2,056 sqft · $263 · 0.8 mi | $540,000 | 4 | 2 | 2,056 | $263 | 0.8 mi |
G 204 E FLEET Drive Sold 4 bd · 2 ba · 1,980 sqft · $194 · 0.4 mi | $385,000 | 4 | 2 | 1,980 | $194 | 0.4 mi |
H 703 E CARMEN Street Active 3 bd · 2 ba · 1,840 sqft · $272 · 0.2 mi | $500,000 List Price | 3 | 2 | 1,840 | $272 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973 with renovations (tile flooring, recessed lighting, and stainless appliances) that appear to be 15-25 years old. While the home is functional and features an open layout, the kitchen cabinetry is dated and the bedroom carpets show visible wear and staining, requiring minor updates to be considered move-in ready by modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8146, living area = 1832.
- Outdoor Living & Privacy
The property features a private pool and backs directly to a scenic canal path with no rear neighbors, providing a rare level of privacy and a premium outdoor entertainment space.
- Prime Location & No HOA
Situated in a high-demand South Tempe market with quick access to ASU and major freeways, this home offers the significant financial benefit of having no monthly association fees.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Originally built in 1973, the home may have aging underlying infrastructure or systems that could require future capital improvements compared to newer builds in the area.
- Bathroom-to-Square-Footage Ratio
With over 1,800 square feet of living space, the home only offers two bathrooms, which may be a limitation for larger families or those seeking a higher bathroom-to-bedroom ratio.
About 619 E DIAMOND Drive
Prime South Tempe location. Welcome to this single-story home offering a bright, open-concept floor plan with 3 spacious bedrooms, 2 full baths, and 1,839 sq. ft. of comfortable living space. Highlights include an open floor plan, an inviting kitchen complete with a center island and stainless steel appliances, alongside a generous primary suite featuring dual walk-in closets. Step outside into your private backyard retreat featuring a sparkling pool, extended covered patio, and the ultimate privacy benefit: backing directly to the scenic canal path with no rear neighbors. Situated in a high-demand Tempe market where low housing inventory makes move-in ready properties exceptionally rare, this home offers quick access to top schools, ASU, shopping, and freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 8,146 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,832 | 1,805.798 |
| Lot Size | 8,146 | 8,241.322 |
| Price | $475.0K | $528.2K |
| Price per sq ft | $259 | $306 |
| Built year | 1973 | 1973 |
| HOA | $0 | $297 |
| Days on market | 42 | 66 |
Pricing History
Listed for Sale
Sep 12, 2026
$475,000
Initial Listing