913 E LAGUNA Drive, Tempe, AZ 85282, Tempe, 85282 - 3 bed, 3 bath
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Tempe, AZ 85282
This property presents a Strong Value Opportunity with a List Price of $450,000—positioned well below the $498,070 Fair Market Value by 9%. This valuation gap offers $48,070 in Instant Equity for buyers. Featuring a 3-bedroom, 3-bathroom layout with a private upstairs suite, the home has a Condition Rating of 4, indicating a need for modernization. Its proximity to ASU and flexible floor plan make it a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 913 E LAGUNA Drive Subject | $450,000* List Price | 3 | 3 | 2,396 | $208 | - |
A 1608 E BAKER Drive Sold | $360,000 | 3 | 3 | 1,656 | $217 | 1.0 mi |
B 1035 E LAGUNA Drive Active | $450,000 List Price | 3 | 3 | 1,952 | $231 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, this property shows signs of partial updates but remains largely dated. While the stone-look tile flooring is a positive feature, the kitchen and bathrooms are significantly aged, featuring painted older cabinetry, laminate countertops, and worn vanities. The presence of popcorn ceilings and older fixtures suggests the home is over 20 years from its last major renovation, requiring cosmetic and likely system updates to reach modern standards.
The unique 3-bedroom, 3-bathroom layout featuring a private upstairs suite and a downstairs primary bedroom offers exceptional flexibility for roommates, guests, or multi-generational living.
Situated in the heart of Tempe with close proximity to Arizona State University and major freeways, this property provides high rental demand and unbeatable convenience for commuters.
As a mid-century modern residence in a limited, architect-designed community, the home offers rare historical charm and aesthetic appeal that stands out from standard townhome developments.
The $1,350 association fee is a significant recurring cost that may impact the overall affordability and debt-to-income ratios for potential buyers.
Built in 1969, the property may require updates to its original systems or cosmetic finishes to meet the expectations of modern buyers looking for contemporary amenities.
Charming Tempe Townhome in a Prime Location! A piece of Az architectural midcentury modern history, thoughtfully designed residence 3bed 3 bath 2 car garage in the heart of Tempe. This unique layout offers a downstairs primary bedroom, an additional main-level bedroom and full bath, plus a private upstairs bedroom with its own bath, ideal for guests, roommates, or a home office. Enjoy the flexibility of an enclosed Arizona room for year-round living. Part of a limited, architect-designed community with a small number of homes, this property blends character with functionality. Just minutes from Arizona State University, with easy access to major freeways, dining, shopping, and entertainment. A rare opportunity for space, privacy, and unbeatable convenience. Amazing room rent opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 2,396 | 1,513 | 94% |
| Lot Size | 4,691 | 2,522 | 75% |
| Price | $450.0K | $345.9K | 75% |
| Price per sq ft | $188 | $239 | 25% |
| Built year | 1969 | 1972 | 25% |
| HOA | $1350 | $166 | 94% |
| Days on market | 29 | 2222 | 6% |
May 9, 2026
$450,000
Initial Listing