904 W YALE Drive, Tempe, AZ 85283, Tempe, 85283 - 4 bed, 2 bath
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Tempe, AZ 85283
This Well-Maintained Single-Family Residence is a High-Potential Investment Opportunity, with a List Price of $435,000—positioned well below the $508,178 Fair Market Value by 14%. This valuation gap provides $73,178 in Instant Equity for the incoming buyer. The home maintains a Good Condition Rating, featuring a private pool, covered patio, and a functional four-bedroom layout with no HOA fees. Located steps from Wood Elementary School and minutes from ASU, it offers exceptional rental demand and lifestyle convenience. This is an ideal acquisition for Owner-Occupants seeking immediate value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 904 W YALE Drive Subject | $420,000* List Price | 4 | 2 | 1,416 | $305 | - |
A 834 W JULIE Drive Sold | $430,000 | 3 | 2 | 1,416 | $304 | 0.2 mi |
B 834 W JULIE Drive Sold | $430,000 | 3 | 2 | 1,416 | $304 | 0.2 mi |
C 511 W DENNIS Court Sold | $400,700 | 3 | 2 | 1,296 | $309 | 0.8 mi |
D 31 W DUKE Drive Sold | $360,000 | 3 | 2 | 1,644 | $219 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. While built in 1978, the interior features updated wood-look laminate flooring and fresh neutral paint, suggesting renovations within the last 5 to 15 years. The exterior and systems appear functional, and the description confirms it is a move-in ready home, fitting the 'good' criteria for well-maintained older homes with updated components.
The property features a private pool and a covered patio, offering a highly desirable outdoor living space perfect for the Arizona climate and entertaining.
Ideally situated near Arizona State University and major freeways, with the added benefit of being steps away (0.09 miles) from Wood Elementary School.
With an association fee of $0, this home provides financial savings and greater freedom for the homeowner compared to many other managed subdivisions in Tempe.
Fitting four bedrooms into 1,416 square feet suggests that individual room sizes and common living areas may feel cramped or undersized for some buyers.
Built in 1978, the property may require significant capital investment for modernizing systems or cosmetic updates to meet contemporary buyer expectations.
Well maintained 4-bedroom, 2-bath home in a desirable Tempe location, offering 1,416 square feet of comfortable living space. This property features a functional layout with spacious living areas, an inviting kitchen, and generously sized bedrooms. Enjoy Arizona living with a private backyard, covered patio, and pool--perfect for relaxing or entertaining. Additional highlights include a fireplace, in-home laundry, and ample storage. Conveniently located near shopping, dining, major freeways, and Arizona State University. A great opportunity for a move-in ready home in a well-established neighborhood.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,416 | 1,971 | 23% |
| Lot Size | 6,848 | 7,871 | 23% |
| Price | $420.0K | $360.0K | 55% |
| Price per sq ft | $297 | $247 | 66% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 2342 | 2% |
May 17, 2026
$420,000
$427,500
-2% Price Drop
Initial Listing
Apr 29, 2026
$427,500
$435,000
-2% Price Drop
Initial Listing
Apr 5, 2026
$435,000
Initial Listing