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Sold for $635,000
  • $635,000

    1025 E BALBOA Circle, Tempe, AZ 85282

    4beds
    2baths
    2,020sqft
    Single Family Residence
    Built in 1965
    0.27 Acres Lot
    $629,900 Zestimate®
    $314/sqft
    $3,007 Estimated rent

    Home value

    $629,900

    $573,000 - $693,000

    $3,007/mo

    Zestimate® history
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    $3,616/mo

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    What's special

    Freshly painted homeExpansive lotOversized cul-de-sac lotNew roof
    Welcome to this 4 bedroom, highly upgraded home — a rare gem on an oversized cul-de-sac lot, perfectly positioned less than 2 miles from ASU. This freshly painted home, inside and out, is perfect for a larger family or an investment opportunity for student housing as a long-term rental. Major updates include a new roof and sewer lines (2020), offering peace of mind for years to come. The expansive lot offers endless possibilities — plenty of room to add a pool, casita, or both, making it a standout in the neighborhood. Whether you're an investor looking for strong rental potential or a homeowner with future plans to expand, this property delivers on flexibility, location, and value. Don't miss your chance to own in one of Tempe's most desirable rental corridors! access to ASU, Sky Harbor Airport, Tempe Marketplace, Spring Training, major freeways, and more. A true turnkey gem with the perfect blend of style, function, and location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan L Lofrisco 443-367-1186,

    LPT Realty, LLC,

    Sarah Ruiz 480-695-6002,

    LPT Realty, LLC

    Bought with:

    Monika Sott, BR563053000

    Arizona Classic Golf Homes

    Source: ARMLS,MLS#: 6888423MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm
    • Flooring: Carpet, Laminate, Tile
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 2,020
    • Total interior livable area: 2,020 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Door Opener
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 0.27 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
    Details
    • Parcel number: 13332023

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & neighborhood

    Location
    • Region: Tempe
    • Subdivision: TEMPE ROYAL PALMS UNIT 1

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/11/2025Sold$635,000-3.6%$314/sqft
    Source: ARMLS #6888423 Report a problem
    7/3/2025Listed for sale$659,000+21.6%$326/sqft
    Source: ARMLS #6888423 Report a problem
    2/8/2021Sold$542,000+0.4%$268/sqft
    Source: ARMLS #6184393 Report a problem
    1/26/2021Price change$540,000+1.9%$267/sqft
    Source: ARMLS #6184393 Report a problem
    1/22/2021Listed for sale$529,900+47.2%$262/sqft
    Source: ARMLS #6184393 Report a problem
    10/22/2020Sold$360,000-9.8%$178/sqft
    Source: Public Record Report a problem
    10/8/2020Pending sale$399,000$198/sqft
    Source: Realty Executives #6116624 Report a problem
    10/6/2020Listed for sale$399,000$198/sqft
    Source: Realty Executives #6116624 Report a problem
    9/26/2020Pending sale$399,000$198/sqft
    Source: Realty Executives #6116624 Report a problem
    9/17/2020Listed for sale$399,000$198/sqft
    Source: Realty Executives #6116624 Report a problem
    9/6/2020Pending sale$399,000$198/sqft
    Source: Realty Executives #6116624 Report a problem
    9/2/2020Price change$399,000-1.2%$198/sqft
    Source: Realty Executives #6116624 Report a problem
    8/28/2020Price change$404,000-1.2%$200/sqft
    Source: Realty Executives #6116624 Report a problem
    8/24/2020Price change$409,000-2.4%$202/sqft
    Source: Realty Executives #6116624 Report a problem
    8/13/2020Listed for sale$419,000+86.2%$207/sqft
    Source: Realty Executives #6116624 Report a problem
    4/6/2010Sold$225,000-10%$111/sqft
    Source: Public Record Report a problem
    1/23/2010Price change$249,900-7.4%$124/sqft
    Source: Realty Executives #4298731 Report a problem
    12/3/2009Listed for sale$269,900+99.9%$134/sqft
    Source: Realty Executives #4298731 Report a problem
    4/16/1998Sold$135,000$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,980 +7%$43,880 -7.7%
    2024$2,785 +1.2%$47,530 +109.9%
    2023$2,752 +3.8%$22,645 -29.2%
    2022$2,650 +17.9%$31,970 +4.2%
    2021$2,248 +2%$30,670 +9.3%
    2020$2,205 +2.8%$28,060 +5.8%
    2019$2,146 $26,530 +13.1%
    2018$2,146 +3.2%$23,460 +7.1%
    2017$2,079 +3.9%$21,910 -0.9%
    2016$2,001 -1.2%$22,100 +12.4%
    2015$2,025 $19,660 +22.6%
    2014-- $16,030 +20.8%
    2013-- $13,270 -8.2%
    2012-- $14,460 -17.5%
    2011-- $17,530 -12.9%
    2010-- $20,120 -7.8%
    2009-- $21,820 -15.1%
    2008-- $25,700 +12.5%
    2007-- $22,850 +45.5%
    2006-- $15,700
    2005-- $15,700 +12.9%
    2004-- $13,900
    2003-- $13,900 +24.1%
    2002-- $11,200

    Find assessor info on the county website

    Neighborhood: Rural-Geneva

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Broadmor Elementary School
    • Middle: Connolly Middle School
    • High: Tempe High School
    • District: Tempe School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $629,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $629,900