
Tempe, AZ 85288
This Spacious Tempe Condominium is a Strong Value Opportunity, listed at $300,000—positioned well below the $304,574 Fair Market Value by 1%. This valuation gap offers $4,574 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the unit is move-in ready but provides room for cosmetic personalization to increase value. Located in Papago Park Village near Arizona State University and Tempe Town Lake, the property features access to three community pools and a separate utility room. This is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a stable, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 925 N COLLEGE Avenue G126 Subject | $300,000* List Price | 2 | 2 | 1,084 | $281 | - |
A 700 E Mesquite Circle P114 Active | $265,000 List Price | 2 | 1 | 934 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this condo is well-maintained and move-in ready but shows signs of being outdated. While the living area features updated laminate flooring, other components such as the gold-trimmed mirrored closet doors and older cabinetry styles reflect the property's age. It has not undergone a full recent renovation, placing it firmly in the fair category as a functional but aged unit.
Ideally situated near Arizona State University, Tempe Town Lake, and major freeways, offering excellent accessibility for students and professionals.
Residents benefit from three community pools and a location directly across from Papago Village Park and playground, enhancing outdoor lifestyle options.
This first-floor unit features a spacious primary suite with dual mirrored walk-in closets and a separate utility room, providing practical convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =144, other record lot size in square feet = 1270.
Built in 1982, the unit may require cosmetic updates or infrastructure maintenance to compete with newer condominium developments in the area.
The monthly association fee of $373 represents a significant ongoing cost that buyers must factor into their overall affordability and monthly budget.
Check out this charming first-floor 2 bedroom, 2 bathroom condo in Tempe! Located in the desirable Papago Park Village community near Scottsdale Rd. and Curry, this unit offers comfort and convenience in a prime location. Across the street from Papago village park and playground. The spacious primary suite features two mirrored walk-in closets and a well-appointed en-suite bath. You'll also enjoy a separate utility room and easy access to the nearby pool--one of three pools in the community. Close by- Arizona State University, Tempe Town Lake, Scottsdale, the 202 and 101 freeways, plus great shopping and dining--this location truly has it all!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,084 | 857.5 | 50% |
| Lot Size | 144 | 102.5 | 50% |
| Price | $300.0K | $260.0K | 50% |
| Price per sq ft | $277 | $313 | 50% |
| Built year | 1982 | 1982 | 50% |
| HOA | $373 | $264 | 50% |
| Days on market | 19 | 1707 | 50% |
Apr 3, 2026
$300,000
Initial Listing