501 E ALAMEDA Drive, Tempe, AZ 85282

$500,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 1,970 Lot Size (sq. ft.): 8,425 Status: Closed
Current Price: $500,000 Last Modified: 10/28/2025

Overview

Description

Spacious 5-bed, 2-bath home in prime Tempe location - ideal as an investment or primary residence. Currently rented with immediate income potential. Features a recently updated private pool, 2-car garage, and generous living space. One bathroom offers dual access from a bedroom and hallway - perfect for roommate setups. Close to ASU, freeways, shopping, and dining. Great layout and location with long-term upside!

Listing Details MLS# 6864919

Location, Tax & Legal

House Number
501
Compass
E
Street Name
ALAMEDA
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
3822
Country
US
County Code
Maricopa
Assessor Number
133-49-116
Subdivision
CAVALIER CAMPUS 6 LOTS 42-55, 92-100, 135-147
Tax Year
2024
Assessor's Map #
49
Legal Description (Abbrev)
LOT 41 CAVALIER CAMPUS 6 LOTS 42-55, 92-100, 135-147 MCR 009835
Assessor's Parcel #
116
Tax Municipality
Tempe
Taxes
2510

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
5
Total Bathrooms
2
Approx SQFT
1970
Price/SqFt
253.8
Horses
N
Builder Name
UNKNOWN
Year Built
1963
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
8425
Approx Lot Acres
0.193
Community Pool Y/N
No
Private Pool Y/N
Yes
Fireplace YN
Yes
Fireplaces Total
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

Remarks Misc

Cross Street
Rural & Broadway
Directions
South to Alameda, west to property.

Status Change Info

Off Market Date
2025-10-01
Under Contract Date
2025-09-18
Close of Escrow Date
2025-09-30

Legal Info

Township
1N
Range
4E
Section
27
Lot Number
41

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2020
Floor Partial/Full
Partial
Ht/Cool Yr Updated
2017
Ht/Cool Partial/Full
Full
Roof Yr Updated
2014
Roof Partial/Full
Full

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Cooling

HVAC SEER Rating
15
Central Air
Yes

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Cash
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Foam
Yes

Pmt & Rate Info

Down Payment
0
Total Asum Mnth Pmts
0

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Cap Improvement/Impact Fee 2
0
Cap Improvement/Impact Fee 2 $/%
$
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

None
Yes

Architecture

Ranch
Yes

Master Bathroom

3/4 Bath Master Bdrm
Yes

Flooring

Vinyl
Yes

Private Pool Features

Diving Pool
Yes

Dining Area

Eat-in Kitchen
Yes
Dining in FR
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Range/Oven Elec
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
In Garage
Yes

Separate Den/Office

Sep Den/Office Y/N
Y

Fencing

Block
Yes

Water Source

City Water
Yes

Exterior Features

Patio
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Utilities

SRP
Yes
SW Gas
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Landscaping

Grass Front
Yes
Grass Back
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm Flooring: Vinyl Private Pool Features: Diving Pool Spa: None Dining Area: Eat-in Kitchen; Dining in FR Kitchen Features: Range/Oven Elec; Dishwasher Laundry: Washer Included; Dryer Included; In Garage Exterior Features: Patio Construction: Block Const - Finish: Painted Roofing: Foam Cooling: Central Air Heating: Electric Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Grass Front; Grass Back Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: KRK Realty, Incorporated
Last Updated: October - 28 - 2025
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