316 E Broadway Lane, Tempe, AZ 85282
$565,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,947
Lot Size (sq. ft.):
8,607
Status:
Closed
Current Price:
$565,000
List Date:
6/21/2024
Last Modified:
5/23/2025
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
Supplements: 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.
More Information MLS# 6721817
Contract Information
Status Change Date: 2024-07-26
Sold Price: $565,000
Status: Closed
Current Price: $565,000
List Date: 2024-06-20
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 316
Compass: E
Street Name: Broadway
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Country: US
County Code: Maricopa
Assessor Number: 133-15-037
Subdivision: University Terrace
Tax Year: 2023
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1947
Price/SqFt: 290.19
Horses: N
Builder Name: Unknown
Year Built: 1954
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 8607
Approx Lot Acres: 0.198
Pool: None
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Broadmor Elementary School
Jr. High School: Connolly Middle School
High School: Tempe High School
Remarks Misc
Cross Street: Broadway Rd. and College Ave.
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.
Geo Lat: 33.407795
Geo Lon: -111.932945
Status Change Info
Off Market Date: 2024-06-30
Under Contract Date: 2024-06-22
Close of Escrow Date: 2024-07-25
Sold Price: $565,000
Legal Info
Lot Number: 35
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 602-803-2293
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Additional Bedroom: Separate Bedroom Exit
Fireplace Features: 1 Fireplace
Flooring: Concrete
Pool Features: No Pool
Spa: None
Community Features: Historic District
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Gas; Built-in Microwave; Refrigerator; Pantry
Laundry: Washer Included; Dryer Included; In Garage
Features: Fix-Up Needs Repair; Vaulted Ceiling(s); Wet Bar; No Interior Steps
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Patio; Storage
Parking Features: Direct Access; Garage Door Opener
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted; Other (See Remarks)
Roofing: Foam
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block; Other
Property Description: North/South Exposure; Alley
Landscaping: Desert Front; Desert Back; Grass Back; Yrd Wtring Sys Front; Auto Timer H2O Front; Irrigation Back
Lockbox Type: See Private Remarks; None
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: May - 23 - 2025
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