1025 E Balboa, Tempe, AZ 85282 - Photo 1

1/1

$635,000

Sold
Closed
Single Family
4 Beds
2 Total Baths
0.27 Acres
2 Car Garage

1/1

Property 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! 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!

Full Property Details

Full Property Details for 1025 E Balboa

General

Sold For: $635,000
Taxes: $2,797 (2024)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6888423
Added to Site: 231 day(s) ago

Interior

Interior Features: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, 3/4 Bath Master Bdrm
Fireplace: Yes
Fireplace(s): 2 Fireplace, Family Room, Living Room
Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Garage Door Opener

Location

County: Maricopa
Township: 1N
Subdivision: TEMPE ROYAL PALMS UNIT 1
Cross Streets: Rural and Southern

Community

Assoc. Fees Include: No Fees

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Natural Gas

Utilities

Water: City Water
Utility Description: SRP, SW Gas

Structural Information

Exterior Const.: Painted, Block
Roof: Composition
Windows: Dual Pane
Sq. Ft. Source: Assessor
Year Built: 1965

Lot Features

Lot Size (Acres): 0.27
Lot Size (Sq. Ft.): 11,879
Lot Size Source: Assessor
Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
Fencing (Description): Block

Financial Considerations

Tax Amount: $2,797
Tax Year: 2024
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 21 TEMPE ROYAL PALMS UNIT 1 MCR 010529
Property ID: 133-32-023
Range: 4E
Section: 26
Lot Number: 21

Listed by LPT Realty, LLC
Sold by Arizona Classic Golf Homes

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— 1025 E Balboa —

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Schools

Schools serving 1025 E Balboa

School Districts:Tempe School District, Tempe Union High School District

Name	Grades	Distance
Joseph P. Spracale Elementary School 1325 East Malibu Drive, Tempe, AZ 85282	K-5	0.7 mi
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282	6-8	1.4 mi
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1025 E Balboa

Date

Details

Price

Change

Source

9/11/2025

Sold

$635,000

-3.64%

MLS

7/03/2025

Listed

$659,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1025 E Balboa, Tempe, AZ 85282 (MLS# 6888423) is a Single Family property that was sold at $635,000 on September 11, 2025. Want to learn more about 1025 E Balboa? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

1025 E Balboa Tempe, AZ 85282