712 S LEBANON Lane, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 2 bath
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Tempe, AZ 85288
This Modern Turnkey Condominium is a premier Move-in Ready residence with a List Price of $250,000, positioned accurately at its $250,000 Fair Market Value. Boasting a Condition Rating of 2, the interior showcases a renovated kitchen with stainless steel appliances, soaring ceilings, and tile flooring. The private patio and community pool enhance the lifestyle appeal in this prime Tempe location near the 101. This polished home is an ideal match for first-time buyers or Owner-Occupants seeking a sophisticated, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 712 S LEBANON Lane Subject | $250,000* List Price | 2 | 2 | 987 | $253 | - |
A 562 S ALLRED Drive Active | $305,000 List Price | 2 | 2 | 987 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1979, the property has undergone a comprehensive recent renovation within the last 5 years, bringing it up to modern quality standards. The interior features a fully updated kitchen with new cabinetry and stainless steel appliances, contemporary bathrooms with updated vanities and fixtures, fresh paint, and consistent tile flooring throughout. The addition of solar tubes and the well-maintained condition of the systems and finishes indicate no deferred maintenance, making it move-in ready and virtually new in its interior presentation.
Situated in the heart of Tempe near the 101 and University, this property offers exceptional accessibility and high rental demand, making it an ideal choice for investors or university-affiliated residents.
The condo features a fully updated kitchen with stainless steel appliances and new cabinetry, complemented by fresh paint and durable tile flooring throughout for a move-in-ready experience.
Soaring ceilings and solar tubes create a bright, spacious atmosphere, while the wood-burning fireplace and private master patio add unique character and comfort rarely found in standard units.
Built in 1979, the property may require more frequent maintenance or future capital improvements to aging systems typical of older condominium complexes.
The $350 monthly association fee represents a significant recurring expense that could impact the overall net cash flow for investors or the monthly budget for first-time buyers.
''Whether you're looking for a cash-flowing investment or a move-in-ready home in the heart of Tempe, this updated 2-bedroom condo delivers. Ideally located near the 101 & University, this property offers strong rental demand, low maintenance living, and modern upgrades throughout...'' Soaring ceilings and a wood-burning fireplace create a warm welcome in this 2 bed, 2 bath Tempe gem! Enjoy a private patio, inside laundry, and plenty of storage. The kitchen shines with stainless steel appliances, new cabinets, and a large pantry. Fresh paint & tile flooring throughout with solar tubes adding more light! Private patio off of master. Updated baths, covered parking, a community pool, spa, and greenspace complete the package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 987 | - |
| Lot Size | 1,038 | - |
| Price | $250.0K | $266.9K |
| Price per sq ft | $253 | $292 |
| Built year | 1979 | 0 |
| HOA | $350 | $0 |
| Days on market | 268 | 1895 |
Oct 27, 2025
$250,000
Initial Listing