
Tempe, AZ 85283
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $535,000—positioned slightly above the $532,184 Fair Market Value. Despite the minor premium, the property offers exceptional stability with a Mint Condition Rating and significant recent capital improvements, including a 5-year-old roof and 7-year-old HVAC. Featuring a massive 10,446 sq. ft. lot with No HOA, this home provides rare flexibility for expansion or outdoor living. It is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing long-term maintenance savings.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7314 S OAK Street Subject | $535,000* List Price | 3 | 3 | 1,645 | $324 | - |
A 6609 S RITA Lane Sold | $590,000 | 3 | 2 | 1,643 | $359 | 0.7 mi |
B 1177 E REDFIELD Road Sold | $530,000 | 3 | 2 | 1,661 | $319 | 0.4 mi |
C 6736 S STANLEY Place Sold | $460,000 | 3 | 2 | 1,396 | $330 | 0.6 mi |
D 1409 E BRENTRUP Drive Sold | $529,000 List Price | 4 | 2 | 2,250 | 0.2 mi | |
E 1505 E DIVOT Drive Sold | $438,000 | 3 | 2 | 1,068 | $410 | 0.3 mi |
F 1211 E TODD Drive Pending | $624,900 List Price | 3 | 2 | 1,803 | $347 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (within <5 years) including a fully remodeled kitchen with quartz countertops and stainless appliances, updated bathrooms, and new porcelain tile flooring. Major systems are in top condition with a 5-year-old roof, 7-year-old HVAC, and 1-year-old water heater, meeting the criteria for a mint-condition home with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10446, living area = 1645.
The property features significant recent capital improvements including a 5-year-old roof, 7-year-old HVAC, new water heater, and energy-efficient vinyl windows, ensuring reduced maintenance costs and peace of mind for the buyer.
Sitting on a rare 10,446 sq. ft. lot with no HOA restrictions, the property offers exceptional flexibility for RV parking, detached workshops, or a large-scale backyard retreat in a prime Tempe location.
At 1,645 square feet for a 4-bedroom, 3-bathroom configuration, the interior layout may feel somewhat compact, potentially resulting in smaller individual bedroom dimensions.
Despite extensive cosmetic and system updates, the 1983 build date may still reflect older architectural styles or utility configurations compared to contemporary new-build standards.
TEMPE'S BEST-KEPT SECRET? You Just Found It!! Finding a beautifully updated home on an oversized 10,446 sq. ft. lot with NO HOA in Tempe is becoming nearly impossible. Add an unbeatable location, major system updates and room to grow and you've found a home that's truly in a class of its own. Walk to Corbell Park and highly regarded Kyrene de los Niños Elementary, while enjoying quick access to ASU, Sky Harbor Airport, Downtown Tempe, Chandler, Scottsdale, major freeways and countless shopping and dining destinations. Thoughtful renovations, including gorgeous porcelain plank tile flooring, fresh interior and exterior paint and a stunning remodeled kitchen featuring quartz countertops, newer cabinetry and all newer stainless steel appliances. Peace of mind comes standard with all newer energy-efficient vinyl windows and doors, a newer roof (5 years), newer HVAC system (7 years), new water heater (1 year), and updated electrical. Need extra space? The flexible floor plan includes a bonus flex room that can easily serve as a fourth bedroom, plus a private office/den and an additional storage room off the garage--ideal for working from home, hobbies, or growing families. Outside, the massive backyard offers endless possibilities for a resort-style pool, detached workshop, guest house, RV parking, or the ultimate entertaining space. An alley behind the home provides convenient access for bulk trash pickup and added functionality. Homes offering this combination of lot size, location, updates, and NO HOA are exceptionally rare in Tempe. If you've been waiting for a home that truly stands apart from the rest, 7314 S. Oak Street is the opportunity you've been hoping for--but it won't stay available for long.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,645 | - |
| Lot Size | 10,446 | - |
| Price | $535.0K | $562.2K |
| Price per sq ft | $325 | $326 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 2615 |
Jul 8, 2026
$535,000
Initial Listing