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(602) 769-4725
Real Estate Company
1025 E Balboa Circle, Tempe, AZ 85282
- $635,000
- 4
- BD
- 2
- BA
- 2,020
- SqFt
- Sold Price
- $635,000
- List Price
- $659,000
- Status
- CLOSED
- Days on Market
- 71
- Closing Date
- Sep 11, 2025
- MLS#
- 6888423
- Subtype
- Residential
- Year Built
- 1965
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,020
- Lot Size
- 11,879
- Acres
- 0.27
- Subdivision
- Tempe Royal Palms Unit 1
Property Description
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!
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Additional Information
- Interior Features
- 3/4 Bath Master Bdrm, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Non-laminate Counter, Vaulted Ceiling(s), No Interior Steps
- Taxes
- $2,797
- Flooring
- Carpet, Laminate, Tile
- Appliances
- Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer, Stacked Washer/Dryer
- Heating
- Natural Gas
- Air Conditioning
- Ceiling Fan(s), Central Air
- Exterior Construction
- Block, Painted
- Stories
- 1
- Parking Features
- Garage Door Opener
- Garage Spaces
- 2
- Elementary School
- Broadmor Elementary School
- Middle School
- Connolly Middle School
- High School
- Tempe High School
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Listing courtesy of Listing Agent: Jonathan L Lofrisco (443-367-1186) from Listing Office: LPT Realty, LLC.
Selling Office: Arizona Classic Golf Homes.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.