
Tempe, AZ 85283
This property presents a High-Potential Investment Opportunity with a List Price of $293,000—positioned well below the $297,633 Fair Market Value by 1.5%. This valuation gap offers $4,633 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes a remodeled primary bathroom and LVP flooring, while the dated kitchen provides a clear path for value-add renovations. Ideally located near ASU and major freeways, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6558 S GRANADA Drive Subject | $293,000* List Price | 3 | 3 | 1,452 | $205 | - |
A 907 E SHOBE Drive Sold | $330,000 | 3 | 3 | 1,452 | $227 | 0.2 mi |
B 409 E WOODMAN Drive Active | $299,900 List Price | 3 | 3 | 1,452 | $207 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property has received partial updates including new LVP flooring and a remodeled primary bathroom. However, the kitchen remains dated with older white appliances and laminate countertops, and the listing explicitly suggests adding kitchen updates to build equity, fitting the 'Fair' criteria for a home over 20 years old needing minor updates.
Situated minutes from ASU, Kiwanis Park, and three major freeways, this property offers exceptional accessibility for commuters and high rental potential.
The monthly fee covers the roof, exterior maintenance, and utilities like water and trash, providing a low-maintenance lifestyle with access to premium community amenities.
The home features a recently remodeled primary bathroom and durable LVP flooring on the lower level, offering a contemporary feel in high-traffic areas.
The kitchen requires updates to meet modern standards, necessitating an immediate post-purchase investment to maximize the home's value.
Built in 1975, the property may require more frequent maintenance or system inspections compared to newer builds in the Tempe area.
Charming 2-story townhome just minutes from ASU, Kiwanis Park, and three major freeways. This home features a remodeled primary bathroom and LVP flooring downstairs. All three bedrooms are upstairs, including an oversized primary suite that feels like a private retreat. Step outside to your own private spacious enclosed patio with a storage shed and artificial turf for your pets. The perfect space for morning coffee or evening unwinding. The HOA handles the roof, exterior maintenance, front yard, water, sewer, and trash, so you can spend your time enjoying the community's multiple pools, tennis courts, and basketball courts instead of on upkeep. Two assigned covered parking spaces are right outside your back patio for easy vehicle access. A great opportunity to add your own kitchen updates and build instant equity in an unbeatable Tempe location -- welcome home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,452 | 1,228.5 |
| Lot Size | 1,311 | 1,782.5 |
| Price | $293.0K | $327.5K |
| Price per sq ft | $202 | $263 |
| Built year | 1975 | 1981 |
| HOA | $265 | $263 |
| Days on market | 13 | 65 |
Aug 27, 2026
$293,000
Initial Listing