842 E STACEY Lane, Tempe, AZ 85284, Tempe, 85284 - 3 bed, 2 bath
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Tempe, AZ 85284
This Renovated Single-Level Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $674,603 Fair Market Value by 7%. This valuation gap provides $49,603 in Instant Equity for buyers. Boasting a Condition Rating of 2, the home features a comprehensive 2026 renovation with wood-look tile, granite countertops, and a rare three-car garage. Located in the desirable Warner Ranch Crossing, the property offers a turnkey lifestyle near Hangar Park and community amenities. This is an ideal acquisition for Owner-Occupants seeking a polished sanctuary or Buy-and-Hold Investors targeting a high-demand Tempe asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 842 E STACEY Lane Subject | $609,000* List Price | 3 | 2 | 2,047 | $316 | - |
A 9882 S GRANDVIEW Drive Sold | $475,000 List Price | 4 | 2 | 2,197 | 0.5 mi | |
B 142 W CAROLINE Lane Sold | $699,900 List Price | 3 | 2 | 2,214 | 0.7 mi | |
C 9011 S DATELAND Drive Sold | $681,062 | 3 | 2 | 2,214 | $308 | 0.9 mi |
D 85 W LA VIEVE Lane Sold | $495,000 | 3 | 2 | 1,316 | $376 | 0.7 mi |
E 816 E COURTNEY Lane Active Under Contract | $599,000 List Price | 3 | 2 | 1,809 | $331 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive renovation in 2026, featuring brand new wood-look tile flooring throughout, fresh interior paint, and updated baseboards. The kitchen and bathrooms are modernized with granite countertops, upgraded stainless steel appliances, and new plumbing fixtures. With vaulted ceilings, new lighting, and a move-in-ready status, the home shows minimal physical depreciation and meets high quality standards despite its 1991 build year.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8303, living area = 2047.
The home features comprehensive 2026 upgrades including fresh interior paint, wood-look tile flooring, granite countertops, and updated fixtures, providing a completely turnkey move-in experience.
The spacious 2,047 sq. ft. single-level layout includes a desirable split floor plan, vaulted ceilings for natural light, and a rare three-car garage, maximizing both privacy and utility.
Built in 1991, the home may soon require capital expenditures for major systems such as the roof or HVAC, which are not explicitly listed as recently replaced despite the cosmetic renovations.
The $614 association fee represents a significant recurring ownership cost that may affect the debt-to-income ratio and overall affordability for budget-conscious buyers.
DISCOVER YOUR DREAM HOME! Renovated three bedroom home in desirable Warner Ranch Crossing, a coveted Tempe neighborhood. Immaculate, single level home with over 2000 square feet, three bedrooms, two bathrooms and a three car garage. Featuring a versatile split floor plan neutral wood look tile floor all through, this home is modern and comfortable. Brand new (2026) interior paint, baseboards, lighting, ceiling fans, electrical outlet covers and brushed nickel doorknobs. All new window treatments and vaulted ceilings optimize the natural light. See documents tab for full list of upgrades. Spacious kitchen boasts granite counters, breakfast bar, upgraded appliances, a walk-in pantry and a cozy bay window overlooking the backyard. The open-concept layout from kitchen to family room with fireplace-perfect for entertaining or relaxing. The large primary suite includes private access to the patio, a luxurious ensuite bath w/double sinks (new fixtures), granite counters, new toilet, separate tub & shower (new shower glass), private toilet room & generous walk-in closet. Two additional bedrooms and full hall bath (also new glass doors and new toilet) create the perfect combination of living space. Laundry room with side-by-side LG washer/dryer (dryer is new). Garage has shelves, sink, brand new paint *Step outside to backyard with covered patio, a perfect setting for outdoor gatherings. Sparkling community pool and spa in a park-like setting with grass areas and walking/biking paths. Close to shopping, dining, local amenities, parks (including Hangar Park and Mary & Moses Green Park), this property is perfect for those seeking a vibrant, established location. See this home today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 2,047 | 2,387 | 29% |
| Lot Size | 8,303 | 9,087 | 35% |
| Price | $609.0K | $360.0K | 67% |
| Price per sq ft | $298 | $204 | 65% |
| Built year | 1991 | 1988 | 70% |
| HOA | $614 | $199 | 87% |
| Days on market | 33 | 2854 | 2% |
Apr 16, 2026
$609,000
$625,000
-3% Price Drop
Initial Listing
Mar 20, 2026
$625,000
Initial Listing