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
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!
More Information MLS# 6888423
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $635,000
Status: Closed
Current Price: $635,000
List Date: 2025-07-03
Location, Tax & Legal
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
House Number: 1025
Compass: E
Street Name: BALBOA
St Suffix: Circle
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 3964
County Code: Maricopa
Assessor Number: 133-32-023
Subdivision: TEMPE ROYAL PALMS UNIT 1
Tax Year: 2024
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Approx SQFT: 2020
Price/SqFt: 314.35
Approx Lot SqFt: 11879
Approx Lot Acres: 0.273
Horses: N
Builder Name: unknown
Lead Based Hazard Disclosure: Yes
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
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 2
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 4
Total Bathrooms: 2
Year Built: 1965
Legal Info
Range: 4E
Section: 26
Township: 1N
Lot Number: 21
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
Additional Bedroom
Master Bedroom Walk-in Closet: 1
Add'l Property Use
None: 1
Fireplace Features
Fireplace Family Rm: 1
Fireplace Living Rm: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Window Features
Dual Pane: 1
Dining Area
Eat-in Kitchen: 1
Breakfast Bar: 1
Heating
Natural Gas: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Kitchen Island: 1
Built-in Microwave: 1
Non-laminate Counter: 1
Range/Oven Elec: 1
Refrigerator: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
Vaulted Ceiling(s): 1
No Interior Steps: 1
Laundry
Washer Included: 1
Dryer Included: 1
Stacked Washer/Dryer: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Great Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
Block: 1
Water Source
City Water: 1
Exterior Features
Covered Patio(s): 1
Patio: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 4
Garage Spaces: 2
Carport Spaces: 2
Parking Features
Garage Door Opener: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Plumbing
Gas Hot Water Heater: 1
Utilities
SRP: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
Cul-De-Sac Lot: 1
Landscaping
Desert Front: 1
Desert Back: 1
Synthetic Grass Back: 1
Yrd Wtring Sys Front: 1
Yrd Wtring Sys Back: 1
Auto Timer H2O Front: 1
Auto Timer H2O Back: 1
Services
City Services: 1
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
Unit Style
All on One Level: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Sold Info
Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 2000
Seller Concession $/%: $
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.
Geo Lat: 33.399209
Geo Lon: -111.923726
Status Change Info
Off Market Date: 2025-09-12
Under Contract Date: 2025-08-17
Close of Escrow Date: 2025-09-11
Sold Price: $635,000
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
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