901 S Smith Road 1038, Tempe, AZ 85281, Tempe, 85281 - 3 bed, 3 bath
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Tempe, AZ 85281
This Modern Townhouse represents a Strong Value Opportunity, listed at $549,000—positioned well below the $552,377 Fair Market Value by 0.6%. This valuation gap offers $3,377 in Instant Equity for the buyer. Featuring a 2020 build date and a Condition Rating of 2, this former model home includes luxury vinyl plank flooring and a versatile flex room. Its proximity to ASU and major commuter routes ensures high rental demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, low-maintenance urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 S Smith Road 1038 Subject | $549,000* List Price | 3 | 3 | 1,839 | $300 | - |
A 901 S SMITH Road 1045 Pending | $549,900 List Price | 3 | 3 | 1,805 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. It features a modern open-concept kitchen with stainless steel appliances, luxury vinyl plank flooring, and has been recently updated with fresh paint and new carpet. As a former model home, the systems and finishes are contemporary and require no maintenance.
Situated minutes from ASU and Tempe Marketplace, this property offers exceptional convenience and high rental potential in a sought-after urban hub.
As a former model, the home boasts premium designer finishes, luxury vinyl plank flooring, and recent updates including fresh paint and new carpeting.
Built in 2020, the open-concept floor plan includes a 2-car garage and a flexible bonus room, perfect for a home office, media space, or guest retreat.
The compact lot size of 1,437 sqft suggests a lack of private yard space, which may be a drawback for buyers with pets or those seeking outdoor privacy.
Proximity to major commuter routes and popular shopping centers can lead to increased noise and traffic congestion in the immediate vicinity.
The Level offers modern architecture, thoughtfully designed interiors, and a location that puts you close to some of the best Tempe living. This community is just minutes from ASU, Tempe Marketplace, dining, shopping, entertainment, and major commuter routes. This beautifully updated former model home features 3 bedrooms, 2.5 bathrooms, a versatile flex room and a 2 car garage. The open-concept layout is designed for today's lifestyle, with flexible spaces that work well as a home office, workout area, media space, or guest retreat. Inside, you'll find the elevated finishes and designer details expected from a former model home. The main living areas feature luxury vinyl plank flooring, while upgraded carpeting adds comfort and style. Fresh paint and new carpet just installed! With its modern design, upgraded finishes, flexible floor plan, and unbeatable Tempe location, this home delivers the perfect combination of low-maintenance living and urban convenience. Whether you're looking for a primary residence, lock-and-leave lifestyle, or a home close to ASU and all that Tempe has to offer, this one is a must-see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,839 | 1,272 | 75% |
| Lot Size | 1,437 | 1,568.5 | 50% |
| Price | $549.0K | $67.5K | 88% |
| Price per sq ft | $299 | $78 | 88% |
| Built year | 2020 | 1993 | 75% |
| HOA | $185 | $187 | 50% |
| Days on market | 31 | 2634 | 13% |
May 14, 2026
$549,000
Initial Listing