945 E LILAC Drive, Tempe, AZ 85288, Tempe, 85288 - 4 bed, 2 bath
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Tempe, AZ 85288
This Modernized Turnkey Residence is listed at $575,000, offering pricing stability near its $549,414 Fair Market Value. Boasting an exceptional Condition Rating of 2 following extensive renovations, the interior features a remodeled kitchen with a central island and updated bathrooms. The property excels in utility with a large corner lot, RV gate, and covered patio, providing rare flexibility in a prime Tempe location near ASU and Tempe Town Lake. This polished home is a perfect fit for Owner-Occupants or lifestyle-driven buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 E LILAC Drive Subject | $550,000* List Price | 4 | 2 | 1,486 | $364 | - |
A 1707 N BRIDALWREATH Street Sold | $535,000 | 4 | 2 | 1,645 | $325 | 0.2 mi |
B 123 E CONTINENTAL Drive Sold | $450,000 | 3 | 2 | 1,344 | $335 | 1.0 mi |
C 708 E TAYLOR Street Sold | $431,000 List Price | 3 | 2 | 1,129 | 0.5 mi | |
D 1425 N GENE Avenue Sold | $554,000 | 3 | 2 | 1,535 | $361 | 0.4 mi |
E 1920 N CAVALIER Drive Sold | $670,000 | 3 | 3 | 1,780 | $376 | 0.3 mi |
F 955 E MARIGOLD Lane Active | $615,000 List Price | 3 | 2 | 1,551 | $397 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone an extensive recent renovation that meets modern quality standards. The interior features a fully remodeled kitchen with contemporary two-tone cabinetry, a central island, and new stainless steel appliances. The bathrooms have been updated with modern vanities and marble-style tiling. With consistent wood-look flooring, updated light fixtures, and a well-maintained exterior, the home is in move-in-ready condition with no apparent deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7192, living area = 1486.
The property is exceptionally well-located within 1 mile of Tempe Town Lake and Tempe Marketplace, offering rapid access to the Loop 202, ASU, and Sky Harbor Airport.
The home features a fully remodeled kitchen with a central island and new appliances, complemented by updated bathrooms, providing a move-in-ready experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7192, other record lot size in square feet = 1486.
A single-car garage for a four-bedroom home may be insufficient for larger households or those requiring significant indoor parking and storage.
Built in 1964, the property may have older underlying mechanical or electrical systems that could require more frequent maintenance compared to newer builds.
4-bedroom single-story • Corner lot with RV gate • Less than 0.5 mi to Loop 202 Single-story block construction, 4 bed / 2 bath, 1,486 sq ft on a 7,192 sq ft corner lot. No HOA. Remodeled kitchen with island, oak cabinetry, and new appliances. Updated bathrooms. French doors to covered patio. RV gate, storage shed, and 1-car garage. 1.0 mi to Tempe Town Lake and Rio Salado Pathway. 1.0 mi to Tempe Marketplace. 2.5 mi to ASU and Downtown Tempe/Mill Ave. 3.5 mi to Sky Harbor Airport. Loop 202 less than 0.5 mi. Direct Scottsdale access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,486 | 1,400 | 53% |
| Lot Size | 7,192 | 6,787 | 53% |
| Price | $550.0K | $420.0K | 71% |
| Price per sq ft | $370 | $325 | 76% |
| Built year | 1964 | 1961 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 1985 | 6% |
Apr 19, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Mar 27, 2026
$575,000
Initial Listing