316 E Broadway Lane Tempe, 85282

Bedrooms:
3
Bathrooms:
2
Square Feet:
1,947 sqft
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Title
Save Now
Save Property
Pending

Virtual Tour of 316 E Broadway Lane , Tempe 85282

Property Description

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.

General Information

Price:
$575,000
Status:
Pending
Listing Updated:
7/15/2024
List Date:
6/20/2024
Close Date
Square Feet:
1,947
Bedrooms:
3
Bathrooms:
2
Garage Spaces:
2.00
Year Built:
1954
Builder Name:
Unknown
Subdivision:
University Terrace
City:
Tempe
Zip:
85282
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$1,927
Tax Year:
2023
MLS ID:
6721817
Listing Attribution:
Russ Lyon Sotheby's International Realty
Buyer Agency Compensation:
3.00%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property Features

Interior Features
No Interior Steps, Vaulted Ceiling(s), Wet Bar, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
Exterior Features
Patio, Storage
Flooring
Concrete
Laundry
Fireplace Features
1 Fireplace
Cooling
Refrigeration, Ceiling Fan(s)
Heating
Electric
Utilities
Pool
None
Spa
None
Construction Finish
Painted, Block
Roofing
Foam
Water
City Water
Sewage
Public Sewer
Fencing
Other, Block

School Information

High School:
Tempe High School
High School District:
Tempe Union High School District
Middle School:
Connolly Middle School
Elementary School:
Broadmor Elementary School
Elementary School District:
Tempe Elementary School District

Community Information

Subdivision:
University Terrace

Lot Information

Lot Size (sq feet):
8,607
Lot Features:
Sprinklers In Front, Alley, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Irrigation Back
Fencing:
Other, Block

Location Information

Directions:
Head west on Broadway Rd from intersection at Rural, right on College, right on E Encanto Drive that turns into S El Camino Drive, bear left on E Broadway Lane (feeder street) next to E Broadway Rd.
Cross Street:
Broadway Rd. And College Ave.
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

316 E Broadway Lane Tempe AZ 85282

Property Type:
Single Family - Detached
Bedrooms:
3
Bathrooms:
2
Interior SqFt:
1947
Interior Stories:
1
Year Built:
1954

36 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.73 Miles
$370,000
1.4 Miles
$445,000
0.83 Miles
$610,000
0.62 Miles
$575,000
1.78 Miles
$710,000
0.63 Miles
$619,000
0.52 Miles
$700,000
1.99 Miles
$600,000
1.11 Miles
$550,000
0.79 Miles
$550,000
1.76 Miles
$550,000
1.07 Miles
$695,000
1.66 Miles
$481,750
1.31 Miles
$592,500
0.74 Miles
$537,000
1.94 Miles
$490,000
0.99 Miles
$660,000
0.91 Miles
$575,000
1.36 Miles
$625,000
1.69 Miles
$521,000
0.44 Miles
$730,000
1.99 Miles
$595,000
1.58 Miles
$610,000
0.88 Miles
$825,000

34 Active Properties

Address
Distance/Miles
Active Price
Details
0.51 Miles
$650,000
1.44 Miles
$545,000
1.17 Miles
$555,000
1.52 Miles
$525,000
1.73 Miles
$524,900
1.39 Miles
$525,000
0.89 Miles
$524,900
0.64 Miles
$675,000
1.68 Miles
$649,950
0.62 Miles
$770,000
1.09 Miles
$599,000
0.79 Miles
$534,500
1.75 Miles
$425,000
1.42 Miles
$596,000
1.98 Miles
$689,000
1.92 Miles
$799,950
1.85 Miles
$545,000
1.05 Miles
$600,000
1.99 Miles
$589,000
0.78 Miles
$590,000
1.43 Miles
$549,900
1.73 Miles
$575,000
1.11 Miles
$674,900
0.09 Miles
$649,000