1927 E VELVET Drive, Tempe, AZ 85284

$475,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,391 Lot Size (sq. ft.): 4,744 Status: Active
Current Price: $475,000 Last Modified: 3/15/2026

Description

Welcome to a wonderful opportunity in a vibrant Tempe community. This home offers vaulted ceilings, a spacious primary suite with en-suite bath, dual sinks, and walk-in closet, plus a detached 2-car garage with added storage cabinets. While the interior is ready for your personal updates, the big-ticket items are already done: new roof (2020), new water heater (2021), and brand-new AC (2025), and electrical (2025). Enjoy a private backyard sitting area perfect for relaxing evenings. The community shines with RV/boat parking. Community area with a large pool and a shallow pool, walking paths, parks, and beautifully maintained common areas. Ideally located near Loop 101 with easy access to shopping and dining, this home offers lifestyle, location, and outstanding potential in one great home.

More Information MLS# 6997308

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $475,000 Status: Active Current Price: $475,000 List Date: 2026-03-12

Location, Tax & Legal

Assessor's Map #: 1 Legal Description (Abbrev): LOT 105 TEMPE ROYAL PALMS UNIT 19 MCR Assessor's Parcel #: 105 Tax Municipality: Tempe Taxes: 2258 House Number: 1927 Compass: E Street Name: VELVET St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85284 Zip4: 4721 County Code: Maricopa Assessor Number: 308-01-105 Subdivision: TEMPE ROYAL PALMS UNIT 19 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1391 Price/SqFt: 341.48 Approx Lot SqFt: 4744 Approx Lot Acres: 0.109 Horses: N Builder Name: US HOME CORP Elementary School District: Kyrene Elementary District High School District: Tempe Union High School District Elementary School: Kyrene de los Ninos School Jr. High School: Kyrene Middle School High School: Corona Del Sol High School Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1985

Legal Info

Range: 4E Section: 13 Township: 1S Lot Number: 105

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Tile: 1 Concrete: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 0 HOA Fee: 82.68 HOA Paid Frequency: Monthly HOA Name: Tempe Royal Palms HOA Telephone: 602-358-0220 HOA Management Company: Thrive Community mgm Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 165.36 Disclosure Fees HOA: 400 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 82.68

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

Supra: 1

Architecture

Contemporary: 1

Master Bathroom

Double Vanity: 1

Additional Bedroom

Other Bedroom Split: 1 Master Bedroom Walk-in Closet: 1

Fireplace Features

Wood Burning: 1

Flooring

Tile: 1 Wood: 1

Dining Area

Formal: 1

Heating

Heat Pump: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Electric Oven: 1 Laminate Counters: 1 Pantry: 1 Refrigerator: 1 Electric Cooktop: 1

Cooling

Central Air: 1 Heat Pump: 1

Interior Features

Vaulted Ceiling(s): 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Back Yard: 1 Block: 1

Water Source

City Water: 1

Community Pool Features

Play Pool: 1

Exterior Features

Storage: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Garage Spaces: 2

Parking Features

RV Access/Parking: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

SRP: 1

Existing 1st Loan

Conventional: 1

Property Description

North/South Exposure: 1

Landscaping

Desert Front: 1 Desert Back: 1 Grass Back: 1

Items Updated

Wiring Yr Updated: 2025 Wiring Partial/Full: Partial Plmbg Yr Updated: 2021 Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2025 Ht/Cool Partial/Full: Full Roof Yr Updated: 2020 Roof Partial/Full: Full

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Common Area Maint: 1

Assoc Rules/Info

Sep RV Prkng Avail: 1 Prof Managed: 1

Remarks Misc

Cross Street: Elliott & McClintock Directions: East to Los Feliz, South to Velvet, West on Velvet to home on Southside of street Geo Lat: 33.344586 Geo Lon: -111.906562

Property Features

Special Listing Cond: N/A Architecture: Contemporary Master Bathroom: Double Vanity Additional Bedroom: Other Bedroom Split; Master Bedroom Walk-in Closet Fireplace Features: Wood Burning Flooring: Tile; Wood Community Pool Features: Play Pool Spa: None Dining Area: Formal Kitchen Features: Electric Oven; Electric Cooktop; Disposal; Dishwasher; Refrigerator; Pantry; Laminate Counters Laundry: Washer Included; Dryer Included Interior Features: Vaulted Ceiling(s) Exterior Features: Storage Parking Features: RV Access/Parking Construction: Wood Frame Const - Finish: Stucco Roofing: Tile; Concrete Cooling: Central Air; Heat Pump Heating: Heat Pump Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Back Yard; Block Property Description: North/South Exposure Landscaping: Desert Front; Desert Back; Grass Back Showing Notification Methods: Text; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail
Listing Office: My Home Group Real Estate
IDX
Last Updated: March - 15 - 2026
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