THIS ONE WILL NOT LAST LONG - RUN DON'T WALK! Calling all investors and flippers, this property is located within walking distance to ASU, and offers endless opportunities. It is perfect for a spec builder that wants an exceptional flip opportunity, an investor that is looking to add to their rental portfolio or it can be converted into a mid-century modern masterpiece for an end user that intends to create their custom, dream home.
This charming, single-story home boasts a flexible floor plan and a lot of updating options. The vaulted redwood tongue and groove ceilings along with an abundance of natural light are the perfect combination for updated inspiration. This house has 3 bedrooms (it can easily be converted to a 4 bedroom for a rental property) and 2 full baths with ample closet space. There is even a wood burning fireplace.
Perched upon a generous shaded lot, with mature trees and plenty of space to expand, this home has a lot of character and curb appeal. It has various patio spaces, a two-car garage and enjoys easy access to ASU, shopping, dining and the major highways.
Sold for $565,000
$565,000
316 E Broadway Lane, Tempe, AZ 85282
3beds
2baths
1,947sqft
Single Family Residence
Built in 1954
8,607 Square Feet Lot
$600,300 Zestimate®
$290/sqft
$3,307 Estimated rent
Home value
$600,300
$558,000 - $642,000
$3,307/mo
Zestimate® history
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$3,307/mo
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$3,255/mo
Est. payment
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$3,255/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Cindy Metz 602-803-2293,
Russ Lyon Sotheby's International Realty,
Kathy Reisdorf 480-797-4977,
Russ Lyon Sotheby's International Realty
Bought with:
Scott A Jarson, SA031457000
AZArchitecture/Jarson & Jarson
Alex Jarson, SA706774000
AZArchitecture/Jarson & Jarson
Source: ARMLS,MLS#: 6721817
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Built-in Microwave, Gas Range, Gas Oven
- Laundry: In Garage
Features
- High Speed Internet, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Pantry, 3/4 Bath Master Bdrm
- Flooring: Concrete
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,947
- Total interior livable area: 1,947 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Storage
- Pool features: None
- Spa features: None
- Fencing: Other,Block
Lot
- Size: 8,607 Square Feet
- Features: North/South Exposure, Sprinklers In Front, Alley, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Irrigation Back
Details
- Parcel number: 13315037
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Painted, Block
- Roof: Foam
Condition
- Fixer
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Historic District
- Subdivision: University Terrace
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Tempe
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $517,300
- Annual tax amount: $1,927
- Date on market: 6/21/2024
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2024 | Sold | $565,000-1.7%$290/sqft |
Source:  ARMLS #6721817 Report a problem | ||
| 7/1/2024 | Pending sale | $575,000$295/sqft |
Source: ARMLS #6721817 Report a problem | ||
| 6/21/2024 | Listed for sale | $575,000$295/sqft |
Source: ARMLS #6721817 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,090 +7.7% | $51,730 +7.2% |
| 2024 | $1,942 +1.2% | $48,270 +164.1% |
| 2023 | $1,918 +4.2% | $18,275 -45.2% |
| 2022 | $1,841 +1.4% | $33,330 +5.5% |
| 2021 | $1,814 +2% | $31,600 +4.7% |
| 2020 | $1,780 +2.8% | $30,180 +13.4% |
| 2019 | $1,732 | $26,620 +0.2% |
| 2018 | $1,732 +3.2% | $26,570 +0.2% |
| 2017 | $1,678 +3.9% | $26,510 +3.6% |
| 2016 | $1,615 -9.1% | $25,600 +18.2% |
| 2015 | $1,776 | $21,650 +39.1% |
| 2014 | -- | $15,560 +47.9% |
| 2013 | -- | $10,520 -23.3% |
| 2012 | -- | $13,710 -40.4% |
| 2011 | -- | $23,020 +3.6% |
| 2010 | -- | $22,230 -19.7% |
| 2009 | -- | $27,670 +167.3% |
| 2008 | -- | $10,350 |
| 2007 | -- | $10,350 |
| 2006 | -- | $10,350 |
| 2005 | -- | $10,350 |
| 2004 | -- | $10,350 |
| 2003 | -- | $10,350 |
| 2002 | -- | $10,350 |
Find assessor info on the county website
Neighborhood: Daley Park
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Nearby schools
GreatSchools rating
- 9/10Broadmor Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Connolly Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Tempe High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Broadmor Elementary School
- Middle: Connolly Middle School
- High: Tempe High School
- District: Tempe Elementary 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
$600,300
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
$600,300
- Arizona
- Maricopa County
- Tempe
- 85282
- Daley Park
- 316 E Broadway Lane
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