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$625,000 Just Listed
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Property Description
Prime investment opportunity in the heart of Tempe with no HOA, just minutes from ASU, Gammage Auditorium, Mill Avenue, and Tempe Town Lake. This fully updated single-story 3-bedroom, 2-bath home is ideal for student housing, short-term rental, or long-term income potential. Featuring a newer shingle roof, newer dual-pane windows, fresh interior and exterior paint, updated lighting and plumbing fixtures, and modern finishes throughout. The renovated kitchen offers quartz countertops, updated cabinetry, and newer appliances, while both bathrooms have been tastefully remodeled. Durable luxury vinyl plank flooring and plush carpet provide low-maintenance appeal. The converted carport now serves as a true single-car garage with its own mini-split system, adding valuable flex space for storage The property also includes refreshed landscaping with low-maintenance synthetic turf, a storage shed, and a private spa for relaxation. With close proximity to light rail, Sky Harbor Airport, and major freeways, this location supports strong rental demand year-round. The home can also be sold fully furnished, offering a turnkey opportunity ready for immediate occupancy or rental income.
Full Property Details
Full Property Details for 620 E Encanto Dr
General
- Price: $625,000
- Taxes: $2,585 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6983509
- Updated: Today (2/12/2026)
- Added to Site: Today
Interior
- Interior Features: Quartz Countertops, High Speed Internet, Breakfast Bar, Pantry, 3/4 Bath Master Bdrm
- Appliances: Dryer, Washer, Dishwasher, Disposal, Gas Range, Gas Cooktop
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached Garage, Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1N
- Subdivision: UNIVERSITY HEIGHTS
- Cross Streets: RURAL & BROADWAY
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Painted, Block
- Roof: Composition
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1958
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,083
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: North/South Exposure, Alley, Desert Front, Gravel/Stone Back, Synthetic Grass Back
Financial Considerations
- Tax Amount: $2,585
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 62 UNIVERSITY HEIGHTS MCR
- Property ID: 133-12-062
- Range: 4E
- Section: 22
- Lot Number: 62
Listed by HomeSmart
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Schools
Schools serving 620 E Encanto Dr
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Broadmor Elementary School 311 East Aepli Drive, Tempe, AZ 85282 | K-5 | 0.5 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 1.7 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 0.7 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 620 E Encanto Dr
Date
Details
Price
Change
Source
2/12/2026
Listed
$625,000
21.36%
MLS
4/03/2023
Sold
$515,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 620 E Encanto Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,585
8%
$44,580
10%
2024
$2,401
1%
$40,450
-9%
2023
$2,372
-10%
$44,470
5%
2022
$2,632
—
$42,310
38%
2022
$2,632
-1%
$30,630
6%
2021
$2,650
3%
$29,000
6%
2020
$2,570
2%
$27,310
17%
2019
$2,521
3%
$23,270
10%
2018
$2,459
3%
$21,230
10%
2017
$2,385
1%
$19,310
-2%
2016
$2,369
4%
$19,650
7%
2015
$2,275
2%
$18,280
23%
2014
$2,221
11%
$14,860
13%
2013
$2,005
—
$13,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 620 E Encanto Dr
620 E Encanto Drive, Tempe, AZ 85281 (MLS# 6983509) is a Single Family property with 3 bedrooms and 2 full bathrooms. 620 E Encanto Drive is currently listed for $625,000 and was received on February 12, 2026. Want to learn more about 620 E Encanto Drive? 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.

