638 W PASEO Way, Tempe, AZ 85283, Tempe, 85283 - 3 bed, 2 bath
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Tempe, AZ 85283
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $560,000—positioned well below the $565,974 Fair Market Value by 1%. This valuation gap offers $5,974 in Instant Equity. The property maintains a Condition Rating of 3, featuring a Sparkling Pool, Energy-Efficient Windows, and a Large Corner Lot. While local school ratings are modest, the home’s turnkey updates and lack of HOA fees provide significant long-term stability. This is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 638 W PASEO Way Subject | $550,000* List Price | 3 | 2 | 2,138 | $262 | - |
A 834 W JULIE Drive Sold | $430,000 | 3 | 2 | 1,416 | $304 | 0.3 mi |
B 834 W JULIE Drive Sold | $430,000 | 3 | 2 | 1,416 | $304 | 0.3 mi |
C 6525 S WILSON Street Active | $589,000 List Price | 3 | 3 | 1,931 | $305 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but well-maintained with significant recent updates. Features modern wood-look tile flooring throughout, energy-efficient windows, and a new water heater. The kitchen and bathrooms have been refreshed with painted cabinetry and updated countertops, making the home move-in ready despite its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8978, living area = 2138.
The property is situated on a desirable corner lot and features a sparkling pool with a covered patio, creating a premium outdoor oasis for relaxation and entertaining.
Recent installations of energy-efficient windows and a new water heater, along with freshly painted cabinetry, offer immediate value and reduced utility costs for the buyer.
The local middle and high schools carry lower ratings (3 and 5 respectively), which may impact the property's appeal to education-focused families.
Built in 1979, the home may necessitate more frequent maintenance or further updates to its original structural and mechanical systems compared to newer builds.
Welcome to this gorgeous single-story home with POOL situated in a desirable CORNER LOT! Discover the inviting living areas designed with comfort in mind, featuring a cozy fireplace. The kitchen has beautiful cabinetry, ample counter space, and three open access points for easy entertaining and flow. Freshly painted cabinets, brand new disposal for beauty and convenience. The main bedroom ensuite promises a good night's rest and luxurious shower. Out back, your oasis awaits, complete with a covered patio ideal for morning coffee and a sparkling pool for a refreshing time! New water heater and energy efficient windows for your comfort.
No exterior & parking available.
Grades PK-5 • 2.6 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,138 | - |
| Lot Size | 8,978 | - |
| Price | $550.0K | $562.2K |
| Price per sq ft | $257 | $326 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 46 | 2615 |
Jul 3, 2026
$550,000
$560,000
-2% Price Drop
Initial Listing
Jun 6, 2026
$560,000
Initial Listing