8852 S TAYLOR Drive, Tempe, AZ 85284, Tempe, 85284 - 3 bed, 3 bath
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Tempe, AZ 85284
This townhome presents a High-Potential Investment Opportunity with a List Price of $469,000—positioned above the $452,500 Fair Market Value by 3%. While the property requires cosmetic updates, it features a Condition Rating of 3, including a renovated kitchen with granite countertops. Located in the desirable Alta Mira community, the asset offers resort-style amenities like a pool and pickleball courts. With proximity to ASU and major freeways, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8852 S TAYLOR Drive Subject | $464,900* List Price | 3 | 3 | 1,926 | $253 | - |
A 1843 E Vinedo Lane Sold | $534,900 | 3 | 2 | 1,738 | $308 | 0.8 mi |
B 8870 S HEATHER Drive Active Under Contract | $450,000 List Price | 3 | 3 | 1,926 | $234 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1984, the property features a renovated kitchen with granite countertops, a modern subway tile backsplash, and updated appliances, indicating a renovation within the 5-15 year range. The interior shows well-maintained flooring and finishes, making it functional and move-in ready.
Ideally situated in the desirable Alta Mira area with immediate access to the 101 Loop, ASU, and Tempe Marketplace, ensuring strong long-term property demand.
With over 1,900 sqft, vaulted ceilings, and a two-car garage, the property offers 'great bones' and significant equity-building opportunities through interior modernization.
The established community features premium amenities including a pool, spa, and pickleball courts, providing a high-quality lifestyle and enhancing rental or resale appeal.
The property is marketed as a 'vision' project, indicating that the interior likely requires significant cosmetic or structural updates to meet modern standards.
The association fee of $1,236 represents a substantial recurring carrying cost that may impact buyer affordability and overall investment yield.
Prime South Tempe location in Alta Mira, minutes to the 101 Loop, ASU & Tempe Marketplace! This 3 bed/2.5 bath townhome offers a spacious layout with vaulted ceilings, cozy fireplace, and an attached 2-car garage. Primary suite features a private en-suite bath. Bring your vision: great bones and unbeatable value-add potential in a quiet, established community. Enjoy resort-style amenities including a community pool, spa and pickleball courts. Close to shopping, dining & freeway access. Don't let this opportunity pass you by inquire today!
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,926 | - |
| Lot Size | 4,108 | - |
| Price | $464.9K | $315.5K |
| Price per sq ft | $241 | $270 |
| Built year | 1984 | 0 |
| HOA | $1236 | $0 |
| Days on market | 39 | 2203 |
Jul 15, 2026
$464,900
$469,000
-1% Price Drop
Initial Listing
Jun 13, 2026
$469,000
Initial Listing