
Tempe, AZ 85283
This Single Family Residence represents a Strong Value Opportunity, listed at $495,000—positioned well below the $529,890 Fair Market Value by 6%. This valuation gap offers $34,890 in Instant Equity. With a Condition Rating of 3, the home features significant recent upgrades including 2026 sewer lines and a 2017 HVAC. The Private Pool and No HOA status enhance its appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained home in a prime Tempe location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6217 S HAZELTON Lane Subject | $495,000* List Price | 4 | 2 | 1,953 | $271 | - |
A 1849 E WATSON Drive Sold | $540,000 | 4 | 2 | 1,971 | $274 | 0.3 mi |
B 1177 E REDFIELD Road Sold | $530,000 | 3 | 2 | 1,661 | $319 | 1.0 mi |
C 1902 E MAGDALENA Drive Sold | $375,000 List Price | 4 | 2 | 1,691 | 0.3 mi | |
D 1602 E WEATHERVANE Lane Sold | $442,700 | 4 | 3 | 2,316 | $191 | 0.8 mi |
E 1859 E YALE Drive Pending | $575,000 List Price | 4 | 2 | 2,004 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1973, the property has undergone significant recent maintenance including a 2017 HVAC, 2021 water heater, and 2026 sewer/drain line replacement. The interior features updated appliances and a mix of newer flooring and fresh exterior paint, making it well-maintained and move-in ready despite some dated cosmetic elements like popcorn ceilings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8825, living area = 1953.
The property features significant recent improvements, including new sewer and drain lines (2026), updated pool equipment (2026), and a 2017 HVAC system, minimizing immediate capital expenditures for the buyer.
Located in a community with no Homeowners Association, this property offers owners greater flexibility and eliminates monthly fees, enhancing its appeal to both budget-conscious buyers and investors.
Built in 1973, the home may require further cosmetic updates to its interior layout and finishes to compete with newer or fully remodeled residences in the area.
While the exterior and major systems have been addressed, the description suggests the interior may still need modernization beyond the updated appliances to meet contemporary aesthetic standards.
Major systems have been updated and much of the heavy lifting has been done. HVAC updated 2017. Water heater replaced 2021. New sewer and drain lines installed 2026. Pool pump equipment replaced 2026. Exterior freshly painted 2026. Block construction. Single story. Four bedrooms, two bathrooms, 1,953 square feet per assessor. 8,825 square foot lot. Private pool with covered patio. Two-car garage. No HOA. Updated appliances, and opens to the main living area. Refrigerator, washer, and dryer included. Synthetic grass front and back with irrigation. Continental East neighborhood of Tempe. Built 1973. Tempe Union High School District. McClintock High School. Close to US-60, Loop 101, ASU, and Tempe Marketplace.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,953 | 1,773.888 |
| Lot Size | 8,825 | 8,245.105 |
| Price | $495.0K | $529.7K |
| Price per sq ft | $253 | $314 |
| Built year | 1973 | 1972 |
| HOA | $0 | $292 |
| Days on market | 51 | 63 |
Jul 20, 2026
$495,000
Initial Listing
Jun 27, 1997
$125,083
Public Record