
Tempe, AZ 85284
This updated South Tempe townhome is a Strong Value Opportunity, listed at $450,000—positioned well below the $482,854 Fair Market Value by 6%. This valuation gap provides $32,854 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a 2023 remodeled kitchen, a 2026 bathroom update, and a rare downstairs primary suite with a private patio. Located near top-rated Kyrene schools, this property balances immediate lifestyle luxury with long-term appreciation. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8870 S HEATHER Drive Subject | $450,000* List Price | 3 | 3 | 1,926 | $251 | - |
A 1832 E RANCH Road Sold | $389,900 List Price | 2 | 3 | 1,618 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet the highest quality standards, including a full kitchen remodel in 2023 and a complete bathroom update in 2026. The interior features modern wood-replicated flooring, new carpeting, and updated light fixtures throughout. Despite being built in 1984, the recent comprehensive updates to major living areas and systems within the last five years qualify it for an excellent condition rating.
The home features a 2023 remodeled kitchen and updated bathrooms, offering a move-in-ready experience with contemporary finishes and new flooring throughout the main living areas.
The rare downstairs primary suite includes a private sitting area and direct patio access, providing excellent accessibility and a secluded retreat within the home.
Located in a sought-after South Tempe subdivision, the property offers access to a community pool, spa, and tennis courts, and is situated near top-rated schools and greenbelts.
The association fee of $1,236 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1984, the property may have aging underlying systems or infrastructure that require more frequent maintenance compared to newer constructions.
Welcome to this updated townhome in South Tempe's desirable Alta Mirada subdivision! Offering 3 bedrooms, 2.5 bathrooms and 1,926 square feet of light-filled living space, this home combines comfort, functionality, and thoughtful updates. Soaring ceilings in the grand entryway creates an airy ambiance filled with natural light, enhancing the spacious feel throughout. Wood replicated flooring flows through the entry, great room, and dining room, adding warmth and continuity. The kitchen was remodeled in 2023 and opens to a cozy breakfast area, perfect for enjoying a warm cup of coffee in the mornings. The expansive great room features a charming tile-accented fireplace and French doors leading to a generous private patio, perfect for seamless indoor-outdoor living. The downstairs primary suite offers a peaceful retreat with its own sitting area, French doors to the patio, and two closets, including a walk-in. Upstairs, secondary bedrooms feature new carpet along with a fully updated bath (2026). The half bath was refreshed, reflecting the home's continued care and improvements. Residents of Alta Mirada enjoy access to a community pool, spa, and tennis courts, all within a prime South Tempe location. Conveniently located near Tempe's greenbelts and communities parks- great for walks, fresh air or enjoying some greenery.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,926 | 1,637.5 | 75% |
| Lot Size | 4,151 | 3,852.5 | 75% |
| Price | $450.0K | $225.0K | 50% |
| Price per sq ft | $234 | $117 | 50% |
| Built year | 1984 | 1984 | 50% |
| HOA | $1236 | $614 | 75% |
| Days on market | 55 | 1154 | 25% |
Feb 26, 2026
$450,000
Initial Listing