1025 E BALBOA Circle, Tempe, AZ 85282 (MLS# 6888423)

1025 E BALBOA Circle, Tempe, AZ 85282

$635,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,020 Lot Size (sq. ft.): 11,879 Status: Closed

Current Price: $635,000 Last Modified: 10/01/2025

Overview

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!

Supplements: 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!

Listing Details MLS# 6888423

Location, Tax & Legal

House Number: 1025
Compass: E
Street Name: BALBOA
St Suffix: Circle
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 3964
Country: US
County Code: Maricopa
Assessor Number: 133-32-023
Subdivision: TEMPE ROYAL PALMS UNIT 1
Tax Year: 2024
Assessor's Map #: 32
Legal Description (Abbrev): LOT 21 TEMPE ROYAL PALMS UNIT 1 MCR 010529
Assessor's Parcel #: 23
Tax Municipality: Tempe
Taxes: 2797

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 4
Total Bathrooms: 2
Approx SQFT: 2020
Price/SqFt: 314.35
Horses: N
Builder Name: unknown
Year Built: 1965
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 11879
Approx Lot Acres: 0.273
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 2
Elementary School District: Tempe 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: Rural and Southern
Directions: North on rural from southern to campus then east to Jentilly then North to Balboa Circle to property.

Status Change Info

Off Market Date: 2025-09-12
Under Contract Date: 2025-08-17
Close of Escrow Date: 2025-09-11

Legal Info

Township: 1N
Range: 4E
Section: 26
Lot Number: 21

More Information

Basement

Basement Y/N: N

Items Updated

Floor Partial/Full: Full
Wiring Yr Updated: 2020
Wiring Partial/Full: Partial
Plmbg Yr Updated: 2020
Plmbg Partial/Full: Full
Ht/Cool Yr Updated: 2020
Ht/Cool Partial/Full: Full
Roof Yr Updated: 2020
Roof Partial/Full: Partial
Kitchen Yr Updated: 2020
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2020
Bath(s) Partial/Full: Full

Parking Spaces

Garage Spaces: 2
Carport Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 4

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 2000
Seller Concession $/%: $
Buyer Concession to Seller: 0

Special Listing Cond

N/A: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Association & Fees

HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0

Lockbox Type

Supra: Yes

Master Bathroom

3/4 Bath Master Bdrm: Yes

Additional Bedroom

Master Bedroom Walk-in Closet: Yes

Add'l Property Use

None: Yes

Fireplace Features

Fireplace Family Rm: Yes
Fireplace Living Rm: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes

Window Features

Dual Pane: Yes

Dining Area

Eat-in Kitchen: Yes
Breakfast Bar: Yes

Heating

Natural Gas: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Kitchen Island: Yes
Built-in Microwave: Yes
Non-laminate Counter: Yes
Range/Oven Elec: Yes
Refrigerator: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

Vaulted Ceiling(s): Yes
No Interior Steps: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Stacked Washer/Dryer: Yes

Other Rooms

Family Room: Yes
Great Room: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: Yes

Water Source

City Water: Yes

Exterior Features

Covered Patio(s): Yes
Patio: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Garage Door Opener: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Plumbing

Gas Hot Water Heater: Yes

Utilities

SRP: Yes
SW Gas: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Property Description

Cul-De-Sac Lot: Yes

Landscaping

Desert Front: Yes
Desert Back: Yes
Synthetic Grass Back: Yes
Yrd Wtring Sys Front: Yes
Yrd Wtring Sys Back: Yes
Auto Timer H2O Front: Yes
Auto Timer H2O Back: Yes

Services

City Services: Yes

Unit Style

All on One Level: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Master Bathroom: 3/4 Bath Master Bdrm Additional Bedroom: Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm; Fireplace Living Rm Flooring: Carpet; Laminate; Tile Window Features: Dual Pane Spa: None Dining Area: Eat-in Kitchen; Breakfast Bar Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter; Kitchen Island Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer Other Rooms: Family Room; Great Room Interior Features: Vaulted Ceiling(s); No Interior Steps Exterior Features: Covered Patio(s); Patio Parking Features: Garage Door Opener Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Block Property Description: Cul-De-Sac Lot Landscaping: Desert Front; Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: LPT Realty, LLC

Last Updated: October - 01 - 2025